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Stock impact report

3 Solid Stocks to Pick From the Prospering Savings & Loan Industry [Yahoo! Finance]

HomeStreet, Inc. (HMST) 
Last homestreet, inc. earnings: 4/27 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.homestreet.com
Company Research Source: Yahoo! Finance
The Zacks Savings and Loan industry is expected to benefit from the Federal Reserve's interest rate cuts. This is likely to support a decent rise in loan demand. Also, relatively lower rates will stabilize funding costs over time, supporting net interest income (NII) and net interest margin (NIM) expansion. The digitization of operations and a stable deposit base are anticipated to support industry players in the near term. Thus, some of the industry players like Banner Corporation BANR, HomeStreet, Inc. HMST and Citizens Community Bancorp CZWI are poised to gain from these developments. Industry Description The Zacks Savings and Loan industry consists of specialized U.S. banks, which are generally locally owned, focusing on extending residen Read more
Impact Snapshot
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