[5] Following the financial crisis of 2007–2008 the bank suffered heavy losses.

[6][7] In 2012, in order to satisfy regulatory capital requirements, it raised $89 million in an IPO, ending four generations of control by the Williams family.

[6] In 2018 the bank won a court case following its attempt to stop a hedge fund placing its own candidates on the board.

[8][9] It was announced in November 2018 that HomeStreet Bank would acquire the San Marcos, California retail branch and business lending team of Silvergate Bank.

[10] On March 24, 2020, HomeStreet suspended its $27 million stock buyback plan during the COVID-19 pandemic.