Michael Conboy - HomeStreet President

HMST Stock  USD 10.97  1.28  10.45%   

President

Mr. Michael E. Conboy is Senior Vice President San Diego and Orange Counties Market President of the Company since 2017.
Tenure 7 years
Address 601 Union Street, Seattle, WA, United States, 98101
Phone206 623 3050
Webhttps://www.homestreet.com
Conboy has over thirtyfive years of commercial banking experience with both large banks and community banks. His focus will be on growing the existing Southern California commercial banking business for the Company, focusing on the San Diego and Orange County, California, markets. He is a San Diego native, holding a BS degree in Finance from San Diego State University.

HomeStreet Management Efficiency

Return On Tangible Assets is likely to gain to -0.0028 in 2024. Return On Capital Employed is likely to gain to -0.01 in 2024. At this time, HomeStreet's Non Current Liabilities Total is comparatively stable compared to the past year. Total Current Liabilities is likely to gain to about 7.5 B in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 6 B in 2024. HomeStreet's management efficiency ratios could be used to measure how well HomeStreet manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 2 B in liabilities with Debt to Equity (D/E) ratio of 0.13, which may suggest the company is not taking enough advantage from borrowing. Debt can assist HomeStreet until it has trouble settling it off, either with new capital or with free cash flow. So, HomeStreet's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like HomeStreet sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for HomeStreet to invest in growth at high rates of return. When we think about HomeStreet's use of debt, we should always consider it together with cash and equity.

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HomeStreet, Inc. operates as the bank holding company for HomeStreet Bank that provides commercial, mortgage, and consumerretail banking services primarily in the Western United States. HomeStreet, Inc. was incorporated in 1921 and is headquartered in Seattle, Washington. Homestreet operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 935 people. HomeStreet (HMST) is traded on NASDAQ Exchange in USA. It is located in 601 Union Street, Seattle, WA, United States, 98101 and employs 821 people. HomeStreet is listed under Thrifts & Mortgage Finance category by Fama And French industry classification.

Management Performance

HomeStreet Leadership Team

Elected by the shareholders, the HomeStreet's board of directors comprises two types of representatives: HomeStreet inside directors who are chosen from within the company, and outside directors, selected externally and held independent of HomeStreet. The board's role is to monitor HomeStreet's management team and ensure that shareholders' interests are well served. HomeStreet's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, HomeStreet's outside directors are responsible for providing unbiased perspectives on the board's policies.
Donald Voss, Director
Mark Ruh, Interim CFO
Erik Hand, Executive Bank
George Kirk, Independent Director
Godfrey Evans, Chief Admin. Officer, Executive VP, General Counsel, Corporate Secretary, Chief Admin. Officer of HomeStreet Bank, Executive VP of HomeStreet Bank, General Counsel of HomeStreet Bank and Corporate Secretary of HomeStreet Bank
Darrell Amen, Chief Investment Officer, Executive VP, Treasurer, Chief Investment Officer of Homestreet Bank, Executive VP of Homestreet Bank and Treasurer of Homestreet Bank
Paulette Lemon, Senior Vice President Retail Banking Director
Jay Iseman, Chief Credit Officer, Executive Vice President
David Ederer, Independent Chairman of the Board
Randolph Daniels, Executive Vice President Commercial Real Estate Lending Director
Rose David, Executive VP of HomeStreet Bank and Mortgage Lending Director of HomeStreet Bank
Troy Harper, Executive Vice President CIO of HomeStreet, Inc. and HomeStreet Bank
Bruce Williams, Director
Sandra Cavanaugh, Independent Director
Mark Patterson, Director
Scott Boggs, Independent Director
David Straus, Executive Vice President - Commercial Banking
Mark Mason, Chairman, CEO and President Chairman of HomeStreet Bank, CEO of HomeStreet Bank and President of HomeStreet Bank
Jeffrey Newgard, Executive Vice President Regional President-Eastern Region
Bill Endresen, Executive Vice President - Commercial Real Estate
Terri Silver, VP of Investor Relations and Corporate Communications
Douglas Smith, Independent Director
Victor Indiek, Independent Director
Paul Renstrom, Senior Director
Michael Conboy, Senior Vice President - San Diego and Orange Counties Market President
William Endresen, Executive Vice President - Commercial Real Estate
Mary Vincent, Executive Vice President Chief Risk Officer of HomeStreet, Inc. and HomeStreet Bank
Richard Bennion, Executive VP of Homestreet Bank and Residential Lending Director of Homestreet Bank
Ted Bojorquez, Senior Vice President - Silicon Valley Market President
Susan Greenwald, Senior Vice President Single Family Lending Operations Director
Timothy Chrisman, Director
Melba Bartels, CFO and Executive VP
Edward Schultz, Executive Vice President - Director of Commercial Banking of HomeStreet Bank
Thomas King, Independent Director
Misty Ford, Senior Director
Pamela Taylor, Senior Vice President Human Resources Director
John CPA, Executive CFO

HomeStreet Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is HomeStreet a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether HomeStreet is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if HomeStreet Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Homestreet Stock. Highlighted below are key reports to facilitate an investment decision about Homestreet Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HomeStreet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more information on how to buy HomeStreet Stock please use our How to Invest in HomeStreet guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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When running HomeStreet's price analysis, check to measure HomeStreet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HomeStreet is operating at the current time. Most of HomeStreet's value examination focuses on studying past and present price action to predict the probability of HomeStreet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HomeStreet's price. Additionally, you may evaluate how the addition of HomeStreet to your portfolios can decrease your overall portfolio volatility.
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Is HomeStreet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HomeStreet. If investors know HomeStreet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HomeStreet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.89)
Dividend Share
0.65
Earnings Share
(1.46)
Revenue Per Share
11.133
Quarterly Revenue Growth
(0.26)
The market value of HomeStreet is measured differently than its book value, which is the value of HomeStreet that is recorded on the company's balance sheet. Investors also form their own opinion of HomeStreet's value that differs from its market value or its book value, called intrinsic value, which is HomeStreet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HomeStreet's market value can be influenced by many factors that don't directly affect HomeStreet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HomeStreet's value and its price as these two are different measures arrived at by different means. Investors typically determine if HomeStreet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HomeStreet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.