SEATTLE — HomeStreet Inc. last week reported a second-quarter loss of $5.6 million, after reporting a profit in the same period a year earlier.
The Seattle-based company, which has a branch in Vancouver, said it had a loss of 22 cents per share. Earnings, adjusted for one-time gains and costs, were 13 cents per share.
The real estate lender posted revenue of $91.9 million in the period. Its adjusted revenue was $69 million, surpassing Street forecasts. Three analysts surveyed by Zacks expected $65.6 million.
