HomeStreet Bank is focused on building long-term relationships with its customers and providing ongoing support to its communities. The Bank offers a full range of financial services including commercial banking, commercial lending, consumer banking, mortgage lending, residential construction financing, commercial real estate financing and insurance services. The primary area of community focus is housing and homes. HomeStreet also supports organizations where our employees have an integral involvement.

Type
Public
HQ
Seattle, US
Founded
1921
Size (employees)
2,463 (est)
HomeStreet was founded in 1921 and is headquartered in Seattle, US
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HomeStreet Office Locations

HomeStreet has offices in Mill Creek, El Cajon, Kennewick, Fontana and in 47 other locations
Seattle, US (HQ)
601 Union St
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HomeStreet Financials and Metrics

HomeStreet Financials

HomeStreet's revenue was reported to be $568.69 m in FY, 2016 which is a 27.4% increase from the previous period.
USD

Revenue (Q1, 2018)

122.5 m

Gross profit (Q1, 2018)

109.3 m

Gross profit margin (Q1, 2018), %

89.2%

Net income (Q1, 2018)

5.9 m

EBIT (Q1, 2018)

48.5 m

Market capitalization (22-Jun-2018)

770.2 m

Closing share price (22-Jun-2018)

28.6

Cash (31-Mar-2018)

66.3 m

EV

829.2 m
HomeStreet's current market capitalization is $770.2 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

89 m363.3 m446.4 m568.7 m

Revenue growth, %

308%23%27%

Cost of goods sold

16.8 m29.5 m43.2 m

Gross profit

429.6 m539.2 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2018

Revenue

61.5 m60.5 m79.9 m74.3 m109.6 m115.4 m111.5 m117.8 m153.8 m167.1 m122.5 m

Cost of goods sold

2.9 m3.1 m3.1 m3.2 m3.5 m4.2 m4.4 m5.4 m6.8 m8.5 m13.2 m

Gross profit

58.6 m57.4 m76.8 m71.1 m106.1 m111.2 m107.1 m112.4 m147 m158.5 m109.3 m

Gross profit Margin, %

95%95%96%96%97%96%96%95%96%95%89%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

32.7 m53.9 m72.7 m

Accounts Receivable

59 m

Inventories

PP&E

63.7 m77.6 m104.7 m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

46.2 m37.3 m46.4 m45.2 m56 m61.5 m54.4 m55.1 m66.3 m

PP&E

58.1 m60.5 m67.3 m67.9 m73 m97.3 m101.8 m104.4 m104.5 m

Goodwill

11.9 m11.9 m20.4 m19.8 m19.9 m22.2 m22.2 m22.6 m22.6 m

Total Assets

4.9 b5 b5.4 b5.9 b6.2 b6.4 b6.6 b6.8 b6.9 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

23.8 m22.3 m41.3 m58.2 m

Depreciation and Amortization

14.9 m15.7 m

Accounts Payable

77.9 m78 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2018

Net Income

9.4 m5 m10.3 m22.7 m32.6 m6.4 m28.2 m55.9 m5.9 m

Depreciation and Amortization

7.2 m10.7 m3.8 m8.6 m12.8 m6.1 m

Accounts Payable

87.5 m71.5 m69.1 m80 m80.1 m

Cash From Operating Activities

(45.9 m)(108.9 m)(181.3 m)107.3 m
USDY, 2018

EV/EBIT

17.1 x

EV/CFO

7.7 x

Financial Leverage

9.9 x
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HomeStreet Operating Metrics

HomeStreet's Total Loans was reported to be $3.8b in FY, 2016.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Locations

88 108 108

Non-accrual Loans

$16.01 m$21.21 m$21.31 m$19.47 m$17.17 m$16.01 m$15.75 m$25.92 m$20.54 m$18.68 m$15.48 m

Total Loans

$2.13 b$3.22 b$3.85 b

Total Loans Serviced for Others

$12.05 b$12.77 b$13.90 b$15.22 b$16.35 b$16.99 b$18.16 b$19.32 b$20.67 b$21.52 b$22.32 b
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HomeStreet Online and Social Media Presence

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