Why These 15 Bank Stocks Are Plunging In 2025

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7. HomeStreet Inc (NASDAQ:HMST)

Number of Hedge Fund Holders In Q4 2024: 16

HomeStreet Inc (NASDAQ:HMST) is a financial services company based in Seattle.

The stock is down significantly so far in 2025 after its 2024 annual report revealed a $144.3 million loss for the year. This is an increase from the $27.5 million loss in 2023.

The losses were driven by an $88.8 million loss on the sale of multifamily loans and a $53.3 million valuation allowance for deferred tax assets.

On top of these bad results, HomeStreet announced that it did not distribute dividends in 2024 and has no plans to issue quarterly dividends in 2025.

The consensus price target of $14.33 implies 64.56% upside.

HMST stock is down 23.51% year-to-date.

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