HomeStreet Bank Explores Various Options, Including Potential Sale

HomeStreet Bank Explores Various Options, Including Potential Sale
Photo by Claudio Schwarz on Unsplash

HomeStreet Inc., a Seattle bank that’s lost about two-thirds of its market value this year, is exploring options including a potential sale, according to people familiar with the matter.

HomeStreet, which is working with a financial adviser, is also considering raising capital and selling assets, said the people, who asked to not be identified because the matter isn’t public. No final decision has been made and HomeStreet could opt to remain independent or keep its business intact, the people added.

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