HomeStreet (HMST) Tops Q3 EPS by 38c

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HomeStreet, Inc. Reports Third Quarter 2016 Results

October 24, 2016 4:05 PM EDT

Net Income of $27.7 Million, or $1.11 per Diluted Share

Core Net Income 1 of $28.0 Million, or $1.12 per Diluted Share

SEATTLE--(BUSINESS WIRE)-- HomeStreet, Inc. (NASDAQ: HMST) (including its consolidated subsidiaries, the Company or HomeStreet), the parent company of HomeStreet Bank, today announced net income of $27.7 million, or $1.11 per diluted share, for the third quarter of 2016, compared with net income of $21.7 million, or $0.87 per diluted share, for the second quarter of 2016 and $10.0 million, or $0.45 per diluted share, for the third quarter of 2015. Core net income1 for the quarter was $28.0... More