HomeStreet, Inc. Reports Third Quarter 2018 Results
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HomeStreet (HMST) Tops Q3 EPS by 4c
October 22, 2018 4:07 PM EDTHomeStreet (NASDAQ: HMST) reported Q3 EPS of $0.45, $0.04 better than the analyst estimate of $0.41.
During the third quarter of 2018 we made significant progress on our long-term strategy to build a better HomeStreet, said Mark K. Mason, Chairman, President, and Chief Executive Officer. Our Commercial and Consumer Banking segment achieved record net income for the quarter. This was in the face of a continued flat yield curve that pressured our net interest margin. Loans held for investment grew 3% during the quarter and asset quality remained strong,... More
