HomeStreet (HMST) Tops Q3 EPS by 10c

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Go back to HomeStreet (HMST) Tops Q3 EPS by 10c

HomeStreet, Inc. Reports Record Quarterly Net Income in Commercial and Consumer Banking Segment

October 23, 2017 4:38 PM EDT

Third Quarter 2017 Consolidated Net Income of $13.8 million, or $0.51 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 $13.8 million, or $0.51 per diluted share, for the quarter ended September 30, 2017, compared with net income of $11.2 million, or $0.41 per diluted share for the quarter ended June 30, 2017, and $27.7 million, or $1.11 per diluted share for the quarter ended September 30, 2016. Core net income(1), which for the third quarter of 2017 excludes $2.5 million in restructuring costs, net of tax and $229... More