HomeStreet Financials

HMST Stock  USD 11.22  0.00  0.00%   
Based on the key indicators related to HomeStreet's liquidity, profitability, solvency, and operating efficiency, HomeStreet is not in a good financial situation at this time. It has a very high probability of going through financial hardship in January. At this time, HomeStreet's Net Receivables is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 20.3 M in 2024, whereas Other Liabilities is likely to drop slightly above 1.9 M in 2024. Key indicators impacting HomeStreet's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio2.573.6586
Way Down
Pretty Stable
Current Ratio0.07060.0744
Notably Down
Slightly volatile
The financial analysis of HomeStreet is a critical element in measuring its lifeblood. Investors should not minimize HomeStreet's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(26.13 Million)

  
Understanding current and past HomeStreet Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of HomeStreet's financial statements are interrelated, with each one affecting the others. For example, an increase in HomeStreet's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in HomeStreet's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of HomeStreet. Check HomeStreet's Beneish M Score to see the likelihood of HomeStreet's management manipulating its earnings.

HomeStreet Stock Summary

HomeStreet competes with Heartland Financial, Heritage Commerce, Business First, German American, and Texas Capital. HomeStreet, Inc. operates as the bank holding company for HomeStreet Bank that provides commercial, mortgage, and consumerretail banking services primarily in the Western United States. HomeStreet, Inc. was incorporated in 1921 and is headquartered in Seattle, Washington. Homestreet operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 935 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS43785V1026
CUSIP43785V102
LocationWashington; U.S.A
Business Address601 Union Street,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.homestreet.com
Phone206 623 3050
CurrencyUSD - US Dollar

HomeStreet Key Financial Ratios

HomeStreet Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets6.8B7.2B7.2B9.4B9.4B6.0B
Other Liab30.3M119.0M18.7M2.2M2.0M1.9M
Net Debt527.5M390.6M101.8M2.2B1.8B1.8B
Retained Earnings374.7M403.9M444.3M435.1M395.4M306.3M
Accounts Payable79.8M249.1M175.2M110.3M99.3M94.3M
Cash57.9M58.0M65.2M72.8M215.7M226.4M
Other Assets5.5B5.9B5.9B7.7B23.2M22.1M
Long Term Debt125.7M125.8M167.0M1.2B224.8M254.0M
Inventory1.4M1.4M735K1.8M1.7M1.6M
Other Current Assets59.3M80.6M83.7M120.6M272.9M259.3M
Total Liab6.1B6.5B6.5B8.8B8.9B5.5B
Total Current Assets57.9M58.0M65.2M72.8M209.3M198.8M
Intangible Assets97.6M85.7M101.0M111.9M104.2M154.5M
Other Current Liab(79.8M)(249.1M)(216.2M)(1.1B)(1.7B)(1.7B)
Net Tangible Assets651.2M684.9M683.6M532.2M612.0M581.9M
Good Will28.5M32.9M31.7M30.0M9.6M9.2M
Long Term Debt Total125.7M125.8M126.0M224.4M258.1M271.0M
Short Long Term Debt341M322.8M41M1.0B1.7B1.8B

HomeStreet Key Income Statement Accounts

The reason investors look at the income statement is to determine what HomeStreet's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense88.2M43.4M17.2M71.0M233.0M244.6M
Total Revenue235.5M328.0M319.1M254.9M399.7M328.6M
Gross Profit235.5M328.0M319.1M254.9M399.7M329.3M
Operating Income25.5M101.9M146.7M155.6M(32.8M)(31.1M)
Ebit25.5M106.3M153.2M91.8M(32.8M)(31.1M)
Ebitda27.1M118.4M165.3M103.0M(32.8M)(31.1M)
Income Before Tax48.7M101.9M146.7M84.7M(32.8M)(31.1M)
Net Income40.7M80.0M115.4M66.5M(27.5M)(26.1M)
Income Tax Expense8.0M21.9M31.3M18.1M(5.2M)(5.0M)
Tax Provision8.0M21.9M31.3M18.1M(2.0M)(1.9M)
Net Interest Income189.4M208.7M227.1M233.3M187.5M216.5M
Interest Income277.6M252.0M244.3M304.3M392.6M287.7M

HomeStreet Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(706K)169K7.2M7.6M142.8M150.0M
Free Cash Flow256.6M(28.8M)170.1M211.5M4.2M4.0M
Depreciation39.5M16.5M18.7M18.4M10.5M18.2M
Other Non Cash Items263.4M(87.1M)31.6M137.0M36.2M38.0M
Capital Expenditures2.3M3.3M2.9M6.8M3.8M3.6M
Net Income17.5M80.0M115.4M66.5M(27.5M)(26.1M)
End Period Cash Flow57.9M58.0M65.2M72.8M215.7M226.4M
Investments(53.0M)(442.8M)(320.5M)(2.6B)117.0M122.8M
Net Borrowings10.5B(150.3M)(281.8M)1.1B1.2B1.7B
Change To Netincome268.2M(10.2M)140.2M144.4M166.1M174.4M

HomeStreet Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining HomeStreet's current stock value. Our valuation model uses many indicators to compare HomeStreet value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across HomeStreet competition to find correlations between indicators driving HomeStreet's intrinsic value. More Info.
HomeStreet is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . At this time, HomeStreet's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value HomeStreet by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

HomeStreet Systematic Risk

HomeStreet's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. HomeStreet volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on HomeStreet correlated with the market. If Beta is less than 0 HomeStreet generally moves in the opposite direction as compared to the market. If HomeStreet Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one HomeStreet is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of HomeStreet is generally in the same direction as the market. If Beta > 1 HomeStreet moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in HomeStreet Stock are looking for potential investment opportunities by analyzing not only static indicators but also various HomeStreet's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of HomeStreet growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0472

At this time, HomeStreet's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

HomeStreet December 27, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of HomeStreet help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of HomeStreet. We use our internally-developed statistical techniques to arrive at the intrinsic value of HomeStreet based on widely used predictive technical indicators. In general, we focus on analyzing HomeStreet Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build HomeStreet's daily price indicators and compare them against related drivers.

Additional Tools for HomeStreet Stock Analysis

When running HomeStreet's price analysis, check to measure HomeStreet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HomeStreet is operating at the current time. Most of HomeStreet's value examination focuses on studying past and present price action to predict the probability of HomeStreet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HomeStreet's price. Additionally, you may evaluate how the addition of HomeStreet to your portfolios can decrease your overall portfolio volatility.