Kroll Bond Rating Agency Assigns Senior Long-Term Unsecured Debt Rating to HomeStreet, Inc.

Kroll Bond Rating Agency (KBRA) has assigned senior unsecured debt ratings to HomeStreet, Inc. (NASDAQ: HMST) and HomeStreet Bank based on KBRA’s Global Bank and Bank Holding Company Rating Methodology published on January 28, 2015.

KBRA’s senior unsecured debt rating of BBB- for HomeStreet, Inc. is supported by HMST’s sound regulatory capital levels, improving asset quality, and strong (and improving) earnings. The ratings are primarily constrained by weak historical performance, a subpar efficiency ratio, and limited diversification in the loan portfolio.

To view the report, please use the following link: www.krollbondratings.com/show_report/4037

About Kroll Bond Rating Agency

KBRA is registered with the U.S. Securities and Exchange Commission as a Nationally Recognized Statistical Rating Organization (NRSRO). In addition, KBRA is recognized by the National Association of Insurance Commissioners (NAIC) as a Credit Rating Provider (CRP).

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