5 Worst Performing Bank Stocks in 2023

4. HomeStreet, Inc. (NASDAQ:HMST)

Year To Date Share Price Loss: 59.37%

HomeStreet, Inc. (NASDAQ:HMST) is a Seattle-based bank. The shares have seen weak analyst sentiment as of late, with few Buy or Strong Buy ratings. Naturally, the stock is rated Hold on average, but despite this, the price has jumped by nearly 24% during the first week of August.

By the end of this year’s first quarter, 14 of the 943 hedge funds part of Insider Monkey’s database had bought the bank’s shares. HomeStreet, Inc. (NASDAQ:HMST)’s biggest shareholder among these is Cliff Asness’ AQR Capital Management through a $5.1 million stake.

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