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HomeStreet (HomeStreet) Debt-to-Equity : 3.66 (As of Dec. 2023)


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What is HomeStreet Debt-to-Equity?

HomeStreet's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,745.0 Mil. HomeStreet's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $224.8 Mil. HomeStreet's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $538.4 Mil. HomeStreet's debt to equity for the quarter that ended in Dec. 2023 was 3.66.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for HomeStreet's Debt-to-Equity or its related term are showing as below:

HMST' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23   Med: 1.57   Max: 3.66
Current: 3.66

During the past 13 years, the highest Debt-to-Equity Ratio of HomeStreet was 3.66. The lowest was 0.23. And the median was 1.57.

HMST's Debt-to-Equity is ranked worse than
94.19% of 1394 companies
in the Banks industry
Industry Median: 0.695 vs HMST: 3.66

HomeStreet Debt-to-Equity Historical Data

The historical data trend for HomeStreet's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HomeStreet Debt-to-Equity Chart

HomeStreet Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.63 0.23 2.21 3.66

HomeStreet Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.21 3.66 4.16 4.18 3.66

Competitive Comparison of HomeStreet's Debt-to-Equity

For the Banks - Regional subindustry, HomeStreet's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HomeStreet's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, HomeStreet's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where HomeStreet's Debt-to-Equity falls into.



HomeStreet Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HomeStreet's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

HomeStreet's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HomeStreet  (NAS:HMST) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


HomeStreet Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of HomeStreet's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


HomeStreet (HomeStreet) Business Description

Traded in Other Exchanges
N/A
Address
601 Union Street, Suite 2000, Seattle, WA, USA, 98101
HomeStreet Inc is a commercial bank. It provides commercial and consumer loans including mortgage loans, deposit products, private banking, and cash management services. The company loan products include commercial business loans and agriculture loans, consumer loans, single family residential mortgages, loans secured by commercial real estate and construction loans for residential and commercial real estate projects.
Executives
Diane P Novak officer: EVP, CHIEF RISK OFFICER 601 UNION ST, SUITE 2000, SEATTLE WA 98101
Sidney Craig Tompkins director 5995 SEPULVEDA BOULEVARD, SUITE 300, CULVER CITY CA 90230
John Michel officer: EVP, Chief Financial Officer 18101 VON KARMAN AVENUE, SUITE 750, IRVINE CA 92612
David L Parr officer: EVP, DIR. OF COMM'L BANKING 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
William Endresen officer: EVP, Comm'l RE (Interim) 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Scott M Boggs director
Erik D Hand officer: EVP, Mortgage Lending Director 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Mark Robert Patterson director 602 UNION STREET, SUITE 2000, SEATTLE WA 98101
Troy Harper officer: EVP & CIO 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Amen Darrell Van officer: SVP, Treasurer 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Douglas Irvine Smith director 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Joanne R Harrell director 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Jay C Iseman officer: EVP - Chief Credit Officer 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Sandra A Cavanaugh director 601 UNION STREET, SUITE 2000, SEATTLE WA 98101
Godfrey B Evans officer: EVP - General Counsel 601 UNION STREET, SUITE 2000, SEATTLE WA 98101