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, 2020 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 ...

HomeStreet, Inc. (NASDAQ:HMST) Q1 2020 Earnings Conference Call April 28, 2020 1:00 PM ET Company Participants Mark Mason - Chairman, President and CEO Mark Ruh - CFO Conference Call Participants Jeff Rulis - D.A. Davidson Steve Moss - B. Riley FBR Matthew Clark - Piper Sandler Jackie Bohlen - KBW Operator Good day and welcome to the HomeStreet, Inc. First Quarter 2020 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note, this event is being recorded. I ...

HomeStreet Bank 4036 IomeStree 1st Quarter 2020 Nasdaq: HMST as of April 27, 2020 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 ...

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, 2019 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 ...

Financial Data and Key Metrics Changes - Consolidated net income for Q4 2019 was $11 million or $0.45 per diluted share, down from $13.8 million or $0.55 per diluted share in Q3 2019 [24] - Net income from continuing operations for Q4 2019 was $13.1 million or $0.54 per diluted share, compared to $13.7 million or $0.54 per diluted share in Q3 2019 [25] - Core net income from continuing operations for Q4 2019 was $14.9 million or $0.61 per diluted share, up from $14.3 million or $0.57 per diluted share in Q3 2019 [25] - Net interest income decreased by $1.6 million to $45.5 million in Q4 2019 from $47.1 million in Q3 2019 [27] - Non-interest income decreased by $2.6 million from $24.6 million in Q3 2019 to $21.9 million in Q4 2019 [35] Business Line Data and Key Metrics Changes - The company originated $675 million of commercial real estate loans in Q4 2019, a quarterly record [13] - Loans held for investment decreased by $66.7 million to $5.1 billion at the end of Q4 2019, primarily due to $450 million of prepayments and $295 million of transfers to held-for-sale [28] - Core deposits increased by $38.1 million or 2.4% and consumer core deposits increased by $71.8 million or 3.9% during the quarter [13][30] Market Data and Key Metrics Changes - Deposit balances were $5.4 billion at December 31, 2019, an 8% decrease from September 30, 2019 [29] - Non-performing assets totaled $40.3 million, remaining at 21 basis points of total assets at December 31, 2019 [32] Company Strategy and Development Direction - The company executed a significant reduction in its mortgage banking business, including the exit of standalone home loan centers and the sale of related mortgage servicing rights [9][10] - The Board initiated a quarterly common dividend of $0.15 per share for Q1 2020, reflecting confidence in the company's future performance [19][21] - The company aims to improve efficiency and profitability through organizational and operational changes, targeting an efficiency ratio in the low-70% range and a return on average tangible equity of approximately 11% by Q3 2020 [48][49] Management's Comments on Operating Environment and Future Outlook - Management noted that the lower interest rate environment and flat yield curve have adversely impacted loan balances and net interest margin [14] - The company expects to achieve substantial progress toward reducing expenses and increasing profitability by Q3 2020, despite delays in some cost-saving initiatives [47][49] - The company anticipates stabilization of the single-family mortgage portfolio later in 2020, with a focus on commercial real estate and general commercial lending [76][95] Other Important Information - The company adopted the CECL accounting standard on January 1, 2020, resulting in a $3.7 million increase in the allowance for credit losses [34] - The company plans to repurchase up to an additional $25 million of common stock, reflecting confidence in future performance [22][92] Q&A Session Summary Question: Discussion on Board's strategic changes - Management highlighted the ongoing Board refreshment to enhance diversity and expertise, with recent appointments aimed at addressing business goals [60][61] Question: Core expenses and guidance for 2020 - Management indicated a downward trend in core non-interest expenses, with expectations for continued reductions in salaries and related costs [62][64] Question: Loan growth and pipeline outlook - Management confirmed a strong commercial loan pipeline and anticipated continued growth in commercial real estate lending [78][81] Question: Buyback activity and future repurchases - Management is analyzing future repurchase activity, with plans for continued repurchases depending on capital planning discussions with the FDIC [90][92] Question: Tax rate expectations for 2020 - Management advised an effective tax rate range of 19.5% to 20.5% for 2020 [118]

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, 2019 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. ...

HomeStreet, Inc. (NASDAQ:HMST) Q3 2019 Earnings Conference Call October 22, 2019 1:00 PM ET Company Participants Mark Mason - Chairman, President and Chief Executive Officer Mark Ruh - Executive Vice President and Chief Financial Officer Conference Call Participants Jeff Rulis - D. A. Davidson & Co. Steve Moss - B. Riley FBR, Inc. Timothy O’Brien - Sandler O’Neill + Partners, L.P. Jacquelynne Bohlen - Keefe, Bruyette & Woods, Inc. Tim Coffey - Janney Montgomery Scott LLC Operator Good day, and welcome to th ...

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, 2019 Commission file number: 001-35424 ________________________________ HOMESTREET, INC. (Exact name of registrant as specified in its charter) ________________________________ (State or other jurisdiction of incorporation) (IRS Emplo ...

FORM 10-K ____________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ____________________________ Commission file number: 001-35424 ____________________________ HOMESTREET, INC. (Exact name of registr ...