Recent Updates — HFWA
Heritage Financial Corporation reported third-quarter 2026 net income of $18.7 million, or $0.46 per diluted share, compared to $17.5 million in the prior quarter. The company also declared a regular cash dividend of $0.25 per common share, payable on November 18, 2026, to shareholders of record as of November 4, 2026. Additionally, Heritage approved a new stock repurchase program authorizing up to 5% of outstanding shares, or approximately 2.0 million shares. The company operates in the banking industry as the parent company of Heritage Bank.
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.