2023-08-01 17:39:50 ET
- HomeStreet ( NASDAQ: HMST ) rose 9% on a report that the bank is exploring options, including a potential sale.
- Seattle-based HomeStreet ( HMST ) is also evaluating raising capital and selling assets, according to a Bloomberg report, which cited people familiar with the matter. HomeStreet has a market cap of $173 million.
- "We decline to specifically comment on your article, however, we note that the board of directors and management of HomeStreet Inc. review the company’s strategic options from time to time in pursuit of maximizing shareholder value," a representative for HomeStreet said in an emailed statement to Bloomberg.
- HomesStreet reported Q2 results on Friday.
For further details see:
HomeStreet jumps on report of potential sale process