$HMST Market Cap: $225.3 Million
Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue
$303.5M
TTM
Gross Margin
Net Earnings
-$21.02M
TTM
Current Assets
Current Liabilities
Current Ratio
Total Assets
$8.124B
Q4 2024
Total Liabilities
$7.727B
Q4 2024
Book Value
$397.0M
Q4 2024
Cash
$406.6M
Q4 2024
P/E
-10.72
Nov 29, 2024 EST
Free Cash Flow
-$53.47M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Revenue $402.6M $399.7M $304.3M $244.3M $252.0M $277.6M $251.5M $212.3M $209.5M $165.1M $111.3M $88.98M $80.69M $79.19M $93.85M
YoY Change 0.71% 31.37% 24.56% -3.06% -9.22% 10.4% 18.44% 1.33% 26.9% 48.36% 25.08% 10.27% 1.89% -15.61%

Expenses

Cost Of Revenues

No data

Gross Profit

No data

Gross Profit Margin

No data

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Revenue $402.6M $399.7M $304.3M $244.3M $252.0M $277.6M $251.5M $212.3M $209.5M $165.1M $111.3M $88.98M $80.69M $79.19M $93.85M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

No data

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

No data

Operating Expenses Total

Operating Profits/Loss

No data

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Selling, General & Admin $40.20M $43.01M $41.58M $35.68M $35.81M $38.44M $41.20M
YoY Change -6.53% 3.44% 16.52% -0.35% -6.84% -6.71%
% of Gross Profit
Research & Development $29.87M $29.90M $29.98M $27.91M $30.00M $31.60M $31.85M $25.90M $33.06M $29.05M $20.05M $14.49M $8.867M $5.902M $5.223M
YoY Change -0.1% -0.27% 7.41% -6.97% -5.06% -0.76% 22.97% -21.67% 13.8% 44.89% 38.38% 63.43% 50.24% 13.0%
% of Gross Profit
Depreciation & Amortization $10.52M $11.25M $12.20M $12.10M $10.80M $13.90M $13.50M $11.40M $10.90M $7.400M $4.600M $2.700M $2.000M $2.400M $21.90M
YoY Change -6.47% -7.79% 0.83% 12.04% -22.3% 2.96% 18.42% 4.59% 47.3% 60.87% 70.37% 35.0% -16.67% -89.04% 75.2%
% of Gross Profit
Operating Expenses $70.07M $72.91M $71.56M $63.60M $65.81M $70.04M $73.05M $25.90M $33.06M $29.05M $20.05M $14.49M $8.867M $5.902M $5.223M
YoY Change -3.89% 1.89% 12.52% -3.37% -6.04% -4.12% 182.07% -21.67% 13.8% 44.89% 38.38% 63.43% 50.24% 13.0%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

No data

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Interest Expense $233.0M $70.98M $17.24M $43.35M $88.22M $61.50M $37.78M $29.49M $16.78M $12.62M $14.53M $19.95M $30.70M $54.57M
YoY Change 228.24% 311.77% -60.24% -50.86% 43.44% 62.79% 28.12% 75.77% 32.89% -13.13% -27.15% -35.02% -43.74%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Pretax Income -$120.5M -$32.76M $84.66M $146.7M $101.9M $48.71M $28.26M $25.77M $90.78M $56.91M $33.32M $34.79M $103.7M $15.91M -$33.55M -$157.2M
YoY Change 267.9% -138.69% -42.29% 43.96% 109.19% 72.39% 9.63% -71.61% 59.52% 70.81% -4.25% -66.44% 551.82% -147.41% -78.66% -1455.17%
Income Tax $23.83M -$5.249M $18.12M $31.27M $21.90M $7.988M $2.032M -$16.89M $32.63M $15.59M $11.06M $10.99M $21.55M -$214.0K $697.0K -$47.00M
% Of Pretax Income 21.4% 21.32% 21.5% 16.4% 7.19% -65.55% 35.94% 27.39% 33.19% 31.57% 20.78% -1.35%
Net Earnings -$144.3M -$27.51M $66.54M $115.4M $79.99M $17.51M $40.03M $68.95M $58.15M $41.32M $22.26M $23.81M $82.13M $16.12M -$34.25M -$110.3M
YoY Change 424.73% -141.34% -42.35% 44.3% 356.77% -56.25% -41.94% 18.56% 40.74% 85.63% -6.51% -71.01% 409.5% -147.07% -68.95% -1413.1%
Net Earnings / Revenue -35.86% -6.88% 21.87% 47.25% 31.74% 6.31% 15.92% 32.47% 27.75% 25.02% 20.0% 26.76% 101.78% 20.35% -36.49%
Basic Earnings Per Share -$7.65 -$1.46 $3.51 $5.53 $3.50 $0.66 $1.48 $2.57 $2.36 $1.98 $1.50 $1.65 $6.17 $2.98 -$6.34
Diluted Earnings Per Share -$7.65 -$1.47 $3.49 $5.46 $3.47 $0.65 $1.47 $2.54 $2.34 $1.96 $1.49 $1.61 $5.98 $2.80 -$6.34 -$20.43M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

No data

Total Short-Term Assets

No data

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

No data

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

No data

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $53.58M $85.60M $96.90M $111.7M $171.8M $88.10M $104.7M $77.60M $63.70M $45.30M $36.60M $15.20M $6.600M $6.800M $8.900M
YoY Change -37.4% -11.66% -13.25% -34.98% 95.01% -15.85% 34.92% 21.82% 40.62% 23.77% 140.79% 130.3% -2.94% -23.6%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $28.60M $474.8M $36.40M $42.80M $38.60M
YoY Change -100.0% -93.98% -14.95% 10.88%
Total Long-Term Assets
YoY Change
Total Assets $9.385B $9.365B $7.204B $7.237B $6.812B $7.042B $6.742B $6.244B $4.895B $3.535B $3.066B $2.631B $2.265B $2.486B $3.210B
YoY Change
Accounts Payable $113.2M $67.08M $124.9M $185.5M $99.60M $169.2M $210.4M $232.7M $137.1M $121.4M $134.5M $108.1M $49.00M $64.40M $40.60M
YoY Change 68.78% -46.29% -32.67% 86.24% -41.13% -19.58% -9.58% 69.73% 12.93% -9.74% 24.42% 120.61% -23.91% 58.62%
Accrued Expenses $35.04M $42.85M $49.60M $62.60M $104.6M
YoY Change -18.22% -13.61% -20.77% -40.15%
Deferred Revenue
YoY Change
Short-Term Debt $645.0M $125.0M $19.00M $0.00 $0.00 $50.00M $0.00
YoY Change 557.89% -100.0%
Long-Term Debt Due $59.77M $160.4M $62.00M $61.80M $60.70M
YoY Change -62.74% 158.72% 0.32% 1.81%
Total Short-Term Liabilities $113.2M $270.3M $236.5M $309.9M $264.9M $169.2M $210.4M $232.7M $137.1M $121.4M $134.5M $108.1M $49.00M $64.40M $40.60M
YoY Change -58.12% 14.31% -23.69% 16.99% 56.56% -19.58% -9.58% 69.73% 12.93% -9.74% 24.42% 120.61% -23.91% 58.62%
Long-Term Debt $224.8M $64.36M $64.80M $65.10M $73.50M $125.5M $125.3M $125.1M $61.90M $61.90M $64.80M $61.90M $61.90M $66.90M $66.90M
YoY Change 249.24% -0.68% -0.46% -11.43% -41.43% 0.16% 0.16% 102.1% 0.0% -4.48% 4.68% 0.0% -7.47% 0.0%
Other Long-Term Liabilities $0.00 $2.600M $167.9M
YoY Change -100.0% -98.45%
Total Long-Term Liabilities $224.8M $64.36M $64.80M $65.10M $76.10M $293.4M $125.3M $125.1M $61.90M $61.90M $64.80M $61.90M $61.90M $66.90M $66.90M
YoY Change 249.24% -0.68% -0.46% -14.45% -74.06% 134.16% 0.16% 102.1% 0.0% -4.48% 4.68% 0.0% -7.47% 0.0%
Total Liabilities $8.846B $8.803B $6.489B $6.519B $6.133B $6.303B $6.038B $5.614B $4.429B $3.233B $2.800B $2.368B $2.179B $2.427B $3.118B
YoY Change 0.5% 35.66% -0.47% 6.3% -2.7% 4.39% 7.54% 26.76% 37.0% 15.46% 18.27% 8.67% -10.23% -22.15%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Basic Shares Outstanding 18.86M shares 18.78M shares 18.93M shares 20.89M shares 22.87M shares 25.57M shares 26.97M shares 26.86M shares 24.62M shares 20.82M shares 14.80M shares 14.41M shares 13.31M shares 5.403M shares 5.403M shares
Diluted Shares Outstanding 18.86M shares 18.78M shares 19.04M shares 21.14M shares 23.08M shares 25.77M shares 27.17M shares 27.09M shares 24.84M shares 21.06M shares 14.96M shares 14.80M shares 13.74M shares 5.748M shares 5.403M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

Stock Price

Market Cap: $225.35 Million

About HomeStreet, Inc.

HomeStreet, Inc. is a holding company, which engages in the provision of commercial and consumer banking and real estate lending services. The company is headquartered in Seattle, Washington and currently employs 839 full-time employees. The company went IPO on 2012-02-10. The firm is principally engaged in commercial banking, mortgage banking and consumer/retail banking activities serving customers primarily in the Western United States. The company operates through its subsidiaries, which include HomeStreet Bank (the Bank), HomeStreet Statutory Trusts and HomeStreet Capital Corporation. The Bank provides commercial banking products and services to small and medium sized businesses, real estate investors and professional firms and consumer banking products and services to individuals. The Bank offers consumer and commercial banking, mortgage lending and loans for residential construction, commercial real estate financing, and insurance products and services on the West Coast and Hawaii. The Company’s commercial loan portfolio is comprised of the non-owner occupied commercial real estate (CRE), multifamily, construction and land development, owner occupied CRE and commercial business loan classes.

Industry: State Commercial Banks Peers: CAMBRIDGE BANCORP CAMDEN NATIONAL CORP CAPITAL CITY BANK GROUP INC CENTRAL PACIFIC FINANCIAL CORP FIRST FINANCIAL CORP /IN/ FLUSHING FINANCIAL CORP Midland States Bancorp, Inc. OLD SECOND BANCORP INC PEAPACK GLADSTONE FINANCIAL CORP PNC FINANCIAL SERVICES GROUP, INC.