SEATTLE (AP) _ HomeStreet Inc. (HMST) on Monday reported fourth-quarter profit of $29.4 million.
The Seattle-based company said it had profit of $1.43 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.31 per share.
The real estate lender posted revenue of $89.6 million in the period. Its adjusted revenue was $85.7 million, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $86.3 million.
For the year, the company reported profit of $115.4 million, or $5.46 per share. Revenue was reported as $347 million.
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