Welcome to our dedicated page for HomeStreet news (Ticker: HMST), a resource for investors and traders seeking the latest updates and insights on HomeStreet stock.
HomeStreet, Inc. (HMST) is a prominent commercial bank headquartered in the Northwest, with extensive operations in California and Hawaii. Since its inception in 1921, HomeStreet has remained committed to fostering long-term relationships with its customers and actively supporting the communities it serves. With nearly a century of experience, HomeStreet offers a comprehensive suite of financial services that cater to both individuals and businesses.
HomeStreet's key services include commercial banking, commercial lending, consumer banking, mortgage lending, residential construction financing, commercial real estate financing, and insurance services. The bank's loan portfolio is diverse, encompassing commercial business loans, agricultural loans, consumer loans, single-family residential mortgages, loans secured by commercial real estate, and construction loans for both residential and commercial real estate projects.
HomeStreet places a significant emphasis on housing and homes, which aligns with its primary community focus. The bank also supports organizations where its employees are actively involved, reflecting its dedication to community engagement and corporate social responsibility.
HomeStreet's recent achievements and current projects underscore its robust financial condition and strategic partnerships. The bank continues to expand its offerings and adapt to the changing needs of its customers, ensuring a stable and progressive future.
For those invested in HomeStreet, Inc., staying updated with the latest developments, financial performance, and news is crucial. HomeStreet consistently provides relevant information and updates to keep its stakeholders informed about ongoing projects and significant milestones.
HomeStreet, Inc. (NASDAQ: HMST) has announced a quarterly dividend of $0.10 per share, payable on May 24, 2023, to shareholders of record by May 10, 2023. The Board of Directors made this decision in response to lower earnings in Q1 2023 and uncertainties in the economic environment, emphasizing a cautious approach. HomeStreet, headquartered in Seattle, specializes in real estate lending and banking services mainly in the Western United States and Hawaii. The company has been recognized as the 'Best Small Bank' in Washington by Newsweek in 2022.
HomeStreet, Inc. (NASDAQ: HMST) announced its financial results for Q1 2023, reporting a net income of
HomeStreet, Inc. (Nasdaq: HMST) announces its quarterly earnings conference call scheduled for April 25, 2023, at 1:00 p.m. ET. CEO Mark K. Mason and CFO John M. Michel will discuss first quarter 2023 results and recent events.
Participants can register in advance online or join by dialing 1-833-470-1428. A rebroadcast will be available about an hour after the call.
Detailed information for the call will be posted on the company's website after market close on April 24, 2023.
HomeStreet, Inc. (NASDAQ: HMST) announced the acquisition of three former MUFG Union Bank branches in Southern California, increasing its branch count to 20 in the region. This purchase adds approximately 24,000 customer accounts and includes $400 million in deposits and $22 million in loans. HomeStreet aims to enhance customer service and community engagement with this expansion, retaining the employees from these branches to ensure continuity. This strategic move aligns with HomeStreet's growth objectives in the Western U.S. market.
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