HomeStreet Reports Q2 2025 Loss Ahead of Merger

HomeStreet ( (HMST) ) has issued an announcement.

HomeStreet, Inc. reported a net loss of $4.4 million for the second quarter of 2025, with a core net loss of $3.1 million. Despite the losses, HomeStreet Bank achieved a net income of $0.7 million, and the company maintained stable deposit balances with a slight increase in noninterest-bearing deposits. The merger with Mechanics Bank is anticipated to close in the third quarter of 2025, which is expected to help HomeStreet return to core profitability. The company has a diversified deposit base and continues to attract new deposit clients, with uninsured deposits accounting for 10% of total deposits as of June 30, 2025.

The most recent analyst rating on (HMST) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on HomeStreet stock, see the HMST Stock Forecast page.

Spark’s Take on HMST Stock

According to Spark, TipRanks’ AI Analyst, HMST is a Neutral.

HomeStreet’s overall score is primarily influenced by its weak financial performance, characterized by declining revenues, profitability, and liquidity challenges. The technical analysis provides some stability, but the poor valuation metrics and recent financial losses weigh heavily on the stock’s outlook. The merger news offers potential future benefits but does not offset the current financial difficulties.

To see Spark’s full report on HMST stock, click here.

More about HomeStreet

HomeStreet, Inc. is a Seattle-based diversified commercial and consumer bank founded in 1921. It serves customers throughout the western United States, including regions such as Seattle/Puget Sound, Southern California, Portland, Oregon, the Hawaiian Islands, Idaho, and Utah. The company focuses on single-family construction lending and has total assets of $7.6 billion.

Average Trading Volume: 69,818

Technical Sentiment Signal: Buy

Current Market Cap: $250.7M

For a thorough assessment of HMST stock, go to TipRanks’ Stock Analysis page.