HomeStreet, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 38.91 million compared to USD 63.02 million a year ago. Net income was USD 2.3 million compared to USD 20.37 million a year ago. Basic earnings per share from continuing operations was USD 0.12 compared to USD 1.09 a year ago. Diluted earnings per share from continuing operations was USD 0.12 compared to USD 1.08 a year ago.
For the nine months, net interest income was USD 131.76 million compared to USD 177.62 million a year ago. Net loss was USD 24.09 million compared to net income of USD 58.04 million a year ago. Basic loss per share from continuing operations was USD 1.28 compared to basic earnings per share from continuing operations of USD 3.05 a year ago. Diluted loss per share from continuing operations was USD 1.28 compared to diluted earnings per share from continuing operations of USD 3.03 a year ago.