HomeStreet in Seattle has warned that its fourth-quarter profit will take a hit due to rising long-term interest rates and a settlement tied to its accounting practices.

The $6.2 billion-asset company said in a press release late Thursday that it will likely report earnings of $1.7 million to $2.3 million when it officially announces results on Jan. 23. That compares to $8.7 million a year earlier.

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