HomeStreet

Since we began in 1921, we've stayed focused on what we believe is most important: building long-term relationships with our customers and providing ongoing support to our communities. We offer 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. Our primary area of community focus is housing and homes. HomeStreet also supports organizations where our employees have an integral involvement.
Company Growth (employees)
Type
Public
HQ
Seattle, US
Founded
1921
Size (employees)
2,501 (est)+3%
HomeStreet was founded in 1921 and is headquartered in Seattle, US

HomeStreet Office Locations

HomeStreet has an office in Seattle
Seattle, US (HQ)
601 Union St

HomeStreet Data and Metrics

HomeStreet Financial Metrics

HomeStreet's revenue was reported to be $568.7 m in FY, 2016
USD

Revenue (FY, 2016)

568.7 m

Revenue growth (FY, 2015 - FY, 2016), %

244%

Gross profit (FY, 2016)

539.2 m

Gross profit margin (FY, 2016), %

95%

Net income (FY, 2016)

58.2 m

EBIT (FY, 2016)

180 m

Market capitalization (15-Aug-2017)

679.8 m

Cash (31-Mar-2017)

61.5 m
HomeStreet's current market capitalization is $679.8 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

89 m111.3 m165.1 m568.7 m

Revenue growth, %

25%48%244%

Cost of goods sold

16.8 m29.5 m

Gross profit

148.3 m539.2 m

Gross profit Margin, %

90%95%

Operating expense total

366.6 m444.3 m

EBIT

(704 k)(101 k)(1.6 m)180 m

EBIT margin, %

(1%)(0%)(1%)32%

Pre tax profit

56.9 m90.8 m

Income tax expense

15.6 m32.6 m

Net Income

23.8 m22.3 m41.3 m58.2 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

79.9 m74.3 m109.6 m115.4 m111.5 m117.8 m153.8 m167.1 m

Cost of goods sold

3.1 m3.2 m3.5 m4.2 m4.4 m5.4 m6.8 m8.5 m

Gross profit

76.8 m71.1 m106.1 m111.2 m107.1 m112.4 m147 m158.5 m

Gross profit Margin, %

96%96%97%96%96%95%96%95%

General and administrative expense

11.1 m10.3 m13.2 m14.5 m14.9 m15.5 m16.7 m14.9 m

Operating expense total

11.1 m10.3 m13.2 m14.5 m14.9 m15.5 m16.7 m14.9 m

EBIT

23.1 m25.3 m30.7 m38.2 m39.6 m40.7 m44.5 m46.8 m

EBIT margin, %

29%34%28%33%36%35%29%28%

Pre tax profit

13.8 m7 m13.6 m18.4 m14.4 m9.6 m34.8 m42.9 m

Income tax expense

3.3 m4.4 m3.2 m13.1 m15.2 m

Net Income

9.4 m5 m10.3 m22.7 m32.6 m6.4 m28.2 m55.9 m
USDFY, 2015FY, 2016

Cash

32.7 m53.9 m

Accounts Receivable

59 m

PP&E

63.7 m77.6 m

Goodwill

11.5 m22.2 m

Total Assets

4.9 b6.2 b

Accounts Payable

117.3 m4.4 b

Total Debt

125.1 m

Total Liabilities

5.6 b

Additional Paid-in Capital

222.3 m336.1 m

Retained Earnings

244.9 m303 m

Total Equity

465.3 m629.3 m

Debt to Equity Ratio

0.2 x

Debt to Assets Ratio

0 x

Financial Leverage

10.5 x9.9 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

46.2 m37.3 m46.4 m45.2 m56 m61.5 m

PP&E

58.1 m60.5 m67.3 m67.9 m73 m97.3 m

Goodwill

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

Total Assets

4.9 b5 b5.4 b5.9 b6.2 b6.4 b

Accounts Payable

3.3 b3.3 b3.8 b4.2 b4.5 b4.6 b

Additional Paid-in Capital

221.6 m222 m273.2 m276.3 m276.8 m336.9 m

Retained Earnings

226.2 m236.2 m251.3 m273 m300.7 m312 m

Total Equity

447.7 m460.5 m529.1 m559.6 m586 m640.9 m

Financial Leverage

10.9 x10.8 x10.2 x10.6 x10.6 x10 x
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

Cash From Operating Activities

8.6 m(3.4 m)8.3 m(44.8 m)

Purchases of PP&E

(495.4 m)(1.5 b)

Cash From Investing Activities

(418.3 m)(819.3 m)

Cash From Financing Activities

412.2 m885.3 m

Interest Paid

16.6 m28.7 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

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

Depreciation and Amortization

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

Accounts Payable

69.1 m80 m80.1 m

Cash From Operating Activities

(45.9 m)(108.9 m)(181.3 m)

Purchases of PP&E

(99.9 m)(355.1 m)(188.5 m)(714 m)(937.8 m)

Cash From Investing Activities

(61.2 m)(280 m)(261.5 m)(676.9 m)(791.5 m)

Cash From Financing Activities

434.3 m520.2 m321.1 m798.3 m996.1 m

Interest Paid

7.7 m12 m6.1 m14.9 m19.1 m
Y, 2017

Financial Leverage

10 x

HomeStreet Market Value History

Traffic Overview of HomeStreet

HomeStreet Online and Social Media Presence

HomeStreet Company Life and Culture

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