Acquisition InterestThere was significant buyer interest during the initial marketing of the sale, with HomeStreet entering into confidentiality agreements with 24 interested parties.
Analyst ConfidenceAnalyst upgrades shares of HomeStreet to OUTPERFORM from NEUTRAL, suggesting confidence in the company's potential.
ValuationHomeStreet is trading at a significant discount to peers and its tangible book value per share, both on a GAAP and fair value basis.