HomeStreet: 4Q Earnings Snapshot

SEATTLE (AP) _ HomeStreet Inc. (HMST) on Tuesday reported fourth-quarter net income of $15.2 million.

The Seattle-based company said it had profit of 56 cents per share. Earnings, adjusted for one-time gains and costs, were 36 cents per share.

The real estate lender posted revenue of $120.8 million in the period. Its adjusted revenue was $100 million, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $103.8 million.

For the year, the company reported profit of $40 million, or $1.47 per share. Revenue was reported as $439.4 million.

HomeStreet shares have risen 22 percent since the beginning of the year. The stock has fallen 17 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HMST at https://www.zacks.com/ap/HMST