Recent Updates — HFWA
July 23, 2026View Source ↗
Heritage Financial Corporation reported second quarter 2026 net income of $17.5 million, or $0.42 per diluted share, compared to $18.9 million ($0.48 per share) in the first quarter. The company's net interest margin increased to 3.99% from 3.96% in the prior quarter. Total assets were $8.43 billion and total deposits were $7.04 billion as of June 30, 2026. The company recognized $7.5 million in merger-related expenses following its acquisition of Olympic Bancorp, Inc. Additionally, the company declared a regular quarterly cash dividend of $0.25 per share, an increase from the previous $0.24. Heritage Financial Corporation is a bank holding company that operates Heritage Bank, providing commercial and consumer banking services.