HomeStreet Inc
HomeStreet, Inc. operates as the bank holding company for HomeStreet Bank that provides commercial, mortgage, and consumer/retail banking services primarily in the Western United States. The company offers personal and business checking, savings, interest-bearing, and money market accounts, as well as certificates of deposit. Its loan products include commercial real estate (CRE), multifamily, co… Read more
HomeStreet Inc (HMST) - Net Assets
Latest net assets as of June 2025: $402.98 Million USD
Based on the latest financial reports, HomeStreet Inc (HMST) has net assets worth $402.98 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.61 Billion) and total liabilities ($7.21 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $402.98 Million |
| % of Total Assets | 5.3% |
| Annual Growth Rate | 10.25% |
| 5-Year Change | -44.69% |
| 10-Year Change | -14.67% |
| Growth Volatility | 55.44 |
HomeStreet Inc - Net Assets Trend (2009–2024)
This chart illustrates how HomeStreet Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HomeStreet Inc (2009–2024)
The table below shows the annual net assets of HomeStreet Inc from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $397.00 Million | -26.26% |
| 2023-12-31 | $538.39 Million | -4.23% |
| 2022-12-31 | $562.15 Million | -21.42% |
| 2021-12-31 | $715.34 Million | -0.34% |
| 2020-12-31 | $717.75 Million | +5.59% |
| 2019-12-31 | $679.72 Million | -8.09% |
| 2018-12-31 | $739.52 Million | +4.99% |
| 2017-12-31 | $704.38 Million | +11.93% |
| 2016-12-31 | $629.28 Million | +35.25% |
| 2015-12-31 | $465.27 Million | +53.94% |
| 2014-12-31 | $302.24 Million | +13.65% |
| 2013-12-31 | $265.93 Million | +0.82% |
| 2012-12-31 | $263.76 Million | +205.26% |
| 2011-12-31 | $86.41 Million | +46.98% |
| 2010-12-31 | $58.79 Million | -36.03% |
| 2009-12-31 | $91.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to HomeStreet Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 168.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $251.01 Million | 63.23% |
| Common Stock | $233.19 Million | 58.74% |
| Other Comprehensive Income | $-87.20 Million | -21.97% |
| Total Equity | $397.00 Million | 100.00% |
HomeStreet Inc Competitors by Market Cap
The table below lists competitors of HomeStreet Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Weebit Nano Limited
PINK:WBTNF
|
$215.35 Million |
|
Qingdao Copton Technology Co Ltd
SHG:603798
|
$215.37 Million |
|
KSL Holdings Bhd
KLSE:5038
|
$215.39 Million |
|
Ningbo Water Meter Co Ltd
SHG:603700
|
$215.41 Million |
|
Shanghai Laiyifen Co Ltd
SHG:603777
|
$215.35 Million |
|
Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd
SHE:300967
|
$215.32 Million |
|
Beijing Changjiu Logistics Ltd
SHG:603569
|
$215.27 Million |
|
ANGI Homeservices Inc
NASDAQ:ANGI
|
$215.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HomeStreet Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 538,387,000 to 396,997,000, a change of -141,390,000 (-26.3%).
- Net loss of 144,344,000 reduced equity.
- Other comprehensive income decreased equity by 342,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-144.34 Million | -36.36% |
| Other Comprehensive Income | $-342.00K | -0.09% |
| Other Changes | $3.30 Million | +0.83% |
| Total Change | $- | -26.26% |
Book Value vs Market Value Analysis
This analysis compares HomeStreet Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.66x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.82x to 0.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $17.01 | $13.87 | x |
| 2010-12-31 | $10.23 | $13.87 | x |
| 2011-12-31 | $6.03 | $13.87 | x |
| 2012-12-31 | $19.20 | $13.87 | x |
| 2013-12-31 | $17.97 | $13.87 | x |
| 2014-12-31 | $20.20 | $13.87 | x |
| 2015-12-31 | $22.09 | $13.87 | x |
| 2016-12-31 | $25.33 | $13.87 | x |
| 2017-12-31 | $26.00 | $13.87 | x |
| 2018-12-31 | $27.22 | $13.87 | x |
| 2019-12-31 | $26.38 | $13.87 | x |
| 2020-12-31 | $31.10 | $13.87 | x |
| 2021-12-31 | $33.83 | $13.87 | x |
| 2022-12-31 | $29.52 | $13.87 | x |
| 2023-12-31 | $28.66 | $13.87 | x |
| 2024-12-31 | $21.05 | $13.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HomeStreet Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -36.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -43.96%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 20.46x
- Recent ROE (-36.36%) is below the historical average (-4.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -120.00% | -64.64% | 0.05x | 34.93x | $-119.47 Million |
| 2010 | -58.25% | -18.78% | 0.07x | 42.28x | $-40.13 Million |
| 2011 | 18.65% | 9.69% | 0.07x | 26.21x | $7.48 Million |
| 2012 | 31.14% | 26.79% | 0.12x | 9.98x | $55.75 Million |
| 2013 | 8.95% | 9.00% | 0.09x | 11.53x | $-2.78 Million |
| 2014 | 7.36% | 8.03% | 0.08x | 11.70x | $-7.96 Million |
| 2015 | 8.88% | 10.13% | 0.08x | 10.52x | $-5.21 Million |
| 2016 | 9.24% | 10.90% | 0.09x | 9.92x | $-4.78 Million |
| 2017 | 9.79% | 30.10% | 0.03x | 9.57x | $-1.49 Million |
| 2018 | 5.41% | 15.63% | 0.04x | 9.52x | $-33.92 Million |
| 2019 | 2.58% | 5.47% | 0.05x | 10.02x | $-50.46 Million |
| 2020 | 11.14% | 21.54% | 0.05x | 10.08x | $8.21 Million |
| 2021 | 16.14% | 34.32% | 0.05x | 10.07x | $43.89 Million |
| 2022 | 11.84% | 20.42% | 0.03x | 16.66x | $10.33 Million |
| 2023 | -5.11% | -6.88% | 0.04x | 17.45x | $-81.35 Million |
| 2024 | -36.36% | -43.96% | 0.04x | 20.46x | $-184.04 Million |
Industry Comparison
This section compares HomeStreet Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $16,924,188,763
- Average return on equity (ROE) among peers: 8.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HomeStreet Inc (HMST) | $402.98 Million | -120.00% | 17.88x | $215.35 Million |
| Ameris Bancorp (ABCB) | $293.77 Million | 7.18% | 9.19x | $4.91 Billion |
| ACNB Corporation (ACNB) | $49.44 Million | 14.38% | 8.56x | $474.47 Million |
| Addiko Bank AG (ADBKF) | $851.70 Million | 0.16% | 5.94x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $117.10 Million | 6.09% | 5.76x | $79.30 Million |
| Absa Group Limited (AGRPF) | $85.20 Billion | 14.06% | 10.26x | $6.72 Billion |
| AIB Group plc (AIBGY) | $13.66 Billion | 4.74% | 8.36x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $62.92 Billion | 9.95% | 6.60x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $5.78 Billion | 1.48% | 10.55x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $18.00 Million | 9.85% | 14.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |