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 HomeStreet, Inc. Reports Q1 2023 Net Income of $5.06 Million

HomeStreet, Inc. Reports Q1 2023 Net Income of $5.06 Million

Q1 2023 Revenue Increases with Net Income at $5.06 Million for HomeStreet, Inc.

By USInMinutes
Published - Jul 31, 2023, 03:11 AM ET
Last Updated - Jul 31, 2023, 03:11 AM EDT

HomeStreet, Inc.(HMST), a leading financial inst itution, released its consolidated financial statements for the first quarter of 2023, indicating a positive trend in both net income and revenue. The unaudited financial data highlights the company's robust performance during this period.

Net Income/Loss: HomeStreet, Inc. Records Net Income of $5.06 Million

HomeStreet, Inc. reported a net income of $5.06 million for the first quarter of 2023. This represents a significant achievement for the financial institution, showcasing a profitable operation during the period under review. The net income indicates the company's ability to generate revenue and control expenses effectively.

Revenue: HomeStreet, Inc. Registers Strong Revenue Growth

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