[HomeStreet] meStreet reet ESTY 2nd Quarter 2022 July 25, 2022 Important Disclosures Forward-Looking Statements This presentation includes forward-looking statements, as that term is defined for purposes of applicable securities laws, about our industry, our future financial performance, business plans and expectations. These statements are, in essence, attempts to anticipate or forecast future events, and thus subject to many risks and uncertainties. These forward-looking statements are based on our manage ...

Financial Data and Key Metrics Changes - In Q2 2022, the company's net income was $17.7 million or $0.94 per share, down from $20 million or $1.01 per share in Q1 2022 [4] - The annualized return on average tangible equity was 12.6%, and the annualized return on average assets was 89 basis points [4] - The efficiency ratio improved to 68.5% [4] - The net interest margin remained constant at 3.27%, with a 14 basis point increase in the yield on interest-earning assets offset by a 17 basis point increase in the cost of interest-bearing liabilities [5] Business Line Data and Key Metrics Changes - The loan portfolio grew by $895 million or 15% unannualized, driven by record loan originations across all loan types [12] - Noninterest income decreased by $2.5 million due to a $2.2 million drop in single-family gain on loan origination and sales activities [8] - Noninterest expense decreased by $3.8 million, primarily due to lower compensation costs and deferred cost benefits from higher loan originations [9] Market Data and Key Metrics Changes - The company originated approximately $400 million of loans to new customers who typically would have opted for agency loans [12] - The ratio of nonperforming assets to total assets improved to 13 basis points [7] - Single-family mortgage banking revenues declined to only 6% of total revenues due to a significant drop in mortgage loan volume [23] Company Strategy and Development Direction - The company plans to improve its efficiency ratio to the low 60% levels for the second half of the year and mid-50% range in 2023 [15] - The focus will be on commercial real estate loan originations, particularly multifamily loans, as the principal driver of near-term growth [16] - The company is targeting a return on average assets in excess of 1.1% for the second half of the year and over 1.25% in 2023 [27][28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's credit profile, stating it is significantly different from the pre-Great Recession period [22] - The company anticipates continued growth in net interest income and expects meaningful earnings per share growth for the remainder of the year [25] - Management acknowledged the challenges posed by rising interest rates and the potential impact on single-family mortgage volumes [28] Other Important Information - The company is selling its Eastern Washington branches, expecting to realize a gain in excess of $4 million [30] - The company has made significant efficiency improvements and plans to return excess capital to shareholders through dividends and share repurchases [32] Q&A Session Summary Question: What is the outlook for net interest margin (NIM)? - Management indicated that they do not separately disclose individual monthly margins but mentioned that they have not changed base deposit rates [34] Question: What is the rate on the promotional offering? - The current rate is 100 basis points for 7 months and 150 basis points for 13 months, with expectations for increases [35] Question: What is the outlook for loan origination yields? - The weighted average rate for the quarter was approximately 3.80%, with recent rates exceeding 4% [63] Question: What is the expected loan growth for the second half of the year? - The company expects an annualized growth rate of around 10% for the remainder of the year [68] Question: What are the details on the branch sales? - The sale involves both loans and deposits, with an expected loss of about $200 million in deposit funding [72]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________ FORM 10-Q ________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2022 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _____ to _____ Commission file number: 001-35424 ________________________________ HOMESTREET, INC. (a ...

1st Quarter 2022 April 25, 2022 Nasdaq: HMST Important Disclosures Forward-Looking Statements This presentation includes forward-looking statements, as that term is defined for purposes of applicable securities laws, about our industry, our future financial performance, business plans and expectations. These statements are, in essence, attempts to anticipate or forecast future events, and thus subject to many risks and uncertainties. These forward-looking statements are based on our management's current exp ...

Call Start: 13:00 January 1, 0000 1:39 PM ET HomeStreet, Inc. (NASDAQ:HMST) Q1 2022 Earnings Conference Call April 26, 2022, 1:00 PM ET Company Participants Mark Mason – Chairman and Chief Executive Officer John Michel – Chief Financial Officer Conference Call Participants Jeff Rulis – D.A. Davidson & Co. Matthew Clark – Piper Sandler Woody Lay – Keefe, Bruyette & Woods Steve Moss – B. Riley Securities Operator Hello, and thank you for attending today's HomeStreet Q1 2022 earnings call. My name is Selena an ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ____________________________ FORM 10-K ____________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-35424 ____________________________ HOMESTREET, INC. (Exact name of registr ...

4th Quarter 2021 January 24, 2022 Nasdaq: HMST Important Disclosures Forward-Looking Statements This presentation includes forward-looking statements, as that term is defined for purposes of applicable securities laws, about our industry, our future financial performance, business plans and expectations. These statements are, in essence, attempts to anticipate or forecast future events, and thus subject to many risks and uncertainties. These forward-looking statements are based on our management's current e ...

HomeStreet, Inc. (NASDAQ:HMST) Q4 2021 Earnings Conference Call January 5, 2021 1:00 PM ET Company Participants Mark Mason - Executive Chairman, President & CEO John Michel - EVP & CFO Conference Call Participants Jeff Rulis - D.A. Davidson & Co. Woody Lay - KBW Steve Moss - B. Riley Securities Matthew Clark - Piper Sandler Operator Good day, and welcome to the HomeStreet Fourth Quarter Twenty Twenty One Earnings Call. All participants will be in listen-only mode. [Operator Instructions] After today’s prese ...

Commission file number: 001-35424 ________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________ FORM 10-Q ________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2021 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _____ to _____ HOMESTREET, INC. ...

3rd Quarter 2021 October 25, 2021 Nasdaq: HMST Important Disclosures Forward-Looking Statements This presentation includes forward-looking statements, as that term is defined for purposes of applicable securities laws, about our industry, our future financial performance, business plans and expectations. These statements are, in essence, attempts to anticipate or forecast future events, and thus subject to many risks and uncertainties. These forward-looking statements are based on our management's current e ...