Renaissance Capital logo

HMST News

HomeStreet quiet period ends March 21

HomeStreet, a full-service community bank operating primarily in the Pacific Northwest, will see its quiet period end on 3/21/12. On 2/10/12, the company raised $80.0 million by offering 1.8 million shares at $44.00, the midpoint of the range of $43.00 to...read more

Cloud-based solutions drive half the filing activity this week

As Internet speeds accelerate and IT departments move offshore, businesses are transitioning to the cloud. Web-based applications have proven advantageous for both customers, who receive faster updates, and suppliers, who see steadier revenue through...read more

Pacific northwest bank Homestreet prices IPO at $44 midpoint

Homestreet, a community bank in the Pacific northwest, raised $80 million by offering 1.8 million shares at $44, the midpoint of the range. The market cap will be $138 million. As with GSE Holding earlier today, Homestreet successfully priced after postponing...read more

HomeStreet revises IPO terms for second time, now seeking $55 million

HomeStreet, a full-service community bank operating primarily in the Pacific Northwest, announced terms for its IPO on Tuesday. The Seattle, WA-based company plans to raise $55 million by offering 1,250,000 shares at a price range of $43.00 to $45.00. At the...read more