HomeStreet (HMST) Tops Q3 EPS by 4c

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Go back to HomeStreet (HMST) Tops Q3 EPS by 4c

HomeStreet, Inc. Reports Third Quarter 2018 Results

October 22, 2018 4:05 PM EDT

Key highlights and developments for third quarter 2018:

Continued strong performance in our Commercial and Consumer Banking segment with record quarterly net income of $16.6 million compared with $11.9 million in the second quarter of 2018 and $14.0 million in the third quarter of 2017 Growth in loans held for investment to $5.05 billion, an increase of $142.2 million, or 3%, from $4.90 billion at June 30, 2018, and an increase of $707.0 million, or 16%, from $4.34 billion at September 30, 2017 Total noninterest expenses decreased $20.1 million from $114.7 million in the third quarter of 2017 to $94.6 million in the third quarter of 2018 partly as a... More