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Income Statement
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Common Size IS
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HomeStreet, Inc. (HMST)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
    Interest income:  
        Interest income on loans  266.8222.2229.0256.0228.4190.3190.7152.6
        Interest income on investments  33.821.621.820.522.621.818.43.6
       304.3244.3252.0277.6251.5212.3209.5165.1
    Interest expense:  
        Interest on deposits  32.011.433.870.442.023.919.011.8
       71.017.243.488.261.591.872.041.7
Net interest income  233.3227.1208.7189.4190.0174.5180.0148.3
Provision for loan losses  -5.2-15.020.5-0.53.00.84.16.1
Net interest income after provision for loan losses  238.5242.1188.2189.9187.0173.8175.9142.2
        Gain on sale of investments, net         2.4
        Other non-interest income  51.6120.0149.474.436.542.6359.2278.8
Total non-interest income  51.6120.0149.474.436.542.6359.2281.2
Non-interest expenses  205.4215.3235.7215.6195.2190.6444.3366.6
Equity in earnings        2.31.6
Pre-tax income before non-recurring items  84.7146.7101.948.728.327.192.659.7
Non-recurring items       1.31.92.8
Pre-tax income  84.7146.7101.948.728.325.890.856.9
Income taxes  18.131.321.98.02.0-16.932.615.6
            Tax rate  21.4%21.3%21.5%16.4%7.2% 35.9%27.4%
Earnings from continuing ops  66.5115.480.063.912.416.458.241.3
Earnings from discontinued ops     -23.213.826.3  
Net income  66.5115.480.040.726.242.758.241.3
            Net margin  22.9%31.9%23.7%15.4%11.7%19.7%10.9%9.8%
   
Basic EPS  $3.51$5.53$3.50$2.50$0.46$0.61$2.36$1.98
Diluted EPS  $3.49$5.46$3.47$2.48$0.46$0.60$2.34$1.96
   
Shares outstanding (basic)  18.920.922.925.627.026.924.620.8
Shares outstanding (diluted)  19.021.123.125.827.227.124.821.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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