HomeStreet traded at $16.16 this Thursday July 2nd, decreasing $0.20 or 1.22 percent since the previous trading session. Looking back, over the last four weeks, HomeStreet lost 13.24 percent. Over the last 12 months, its price rose by 20.60 percent. Looking ahead, we forecast HomeStreet to be priced at 15.65 by the end of this quarter and at 14.69 in one year, according to Trading Economics global macro models projections and analysts expectations.
HomeStreet, Inc. is a financial services company serving customers primarily in the western United States. It provides commercial banking products and services to small and medium sized businesses, real estate investors and professional firms, and consumer banking products and services to individuals. It is principally engaged in commercial banking, consumer banking, and real estate lending, including construction and permanent loans on commercial real estate and single-family residences. It also sells insurance products for consumer clients. It provides its financial products and services to its customers through bank branches, loan production offices, automated teller machines (ATMs), online, mobile and telephone banking channels. Its lending units under, which its loans are offered include commercial lending, single family residential lending, commercial real estate (CRE) lending and residential construction lending. Treasury management and digital banking are its deposit services.