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HomeStreet Inc (HMST) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

HomeStreet Inc (HMST) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. HomeStreet Inc is a diversified financial services company. It is engaged in real estate lending. Its operating segment includes Commercial and Consumer Banking Segment and Mortgage Banking Segment. HomeStreet Inc has a market cap of $731.300 million; its shares were traded at around $27.09 with a P/E ratio of 18.30 and P/S ratio of 1.56.


For the last quarter HomeStreet Inc reported a revenue of $100.2 million, compared with the revenue of $124.6 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $439.4 million, a decrease of 13.2% from the previous year. For the last five years HomeStreet Inc had an average revenue growth rate of 13.7% a year.

The reported diluted earnings per share was $1.47 for the year, a decline of 42.1% from the previous year. Over the last five years HomeStreet Inc had an EPS growth rate of 3.9% a year. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, HomeStreet Inc has the cash and cash equivalents of $58.0 million, compared with $72.7 million in the previous year. The long term debt was $1.1 billion, compared with $1.1 billion in the previous year. HomeStreet Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $27.09, HomeStreet Inc is traded at 43.6% premium to its historical median P/S valuation band of $18.87. The P/S ratio of the stock is 1.56, while the historical median P/S ratio is 1.11. The stock lost 6.72% during the past 12 months.

For the complete 20-year historical financial data of HMST, click here.

This article first appeared on GuruFocus.