Oct 22, 1:23 PM ET
Heritage Financial Corporation reported third quarter 2026 net income of $18.7 million, or $0.46 per diluted share, up from $17.5 million, or $0.42, in the second quarter but down from $19.2 million in the third quarter of 2025. Adjusted diluted EPS was $0.55, versus $0.57 in the prior quarter, and the company declared a $0.25 quarterly dividend and approved a new buyback of up to about 2.0 million shares.
- Net interest margin rose to 4.05% from 3.99% in the second quarter; net interest income increased $2.4 million, or 3.3%.
- Merger-related expenses were $5.2 million in the third quarter, down from $7.5 million in the second quarter, tied to the Kitsap Bank customer conversion.
- Quarterly cash dividend of $0.25 per share is payable November 18, 2026, to holders of record on November 4, 2026.
- New repurchase program authorizes up to 5% of outstanding shares, or about 2.0 million shares, superseding a prior program that was substantially completed in the third quarter.
Read the filing on SEC.gov ↗
Jul 23, 5:08 PM ET
Heritage Financial reported second quarter 2026 net income of $17.5 million, or $0.42 per diluted share, down from $18.9 million, or $0.48, in the first quarter but up from $12.2 million, or $0.36, a year earlier. Net interest margin rose to 3.99%, and the board declared a $0.25 per share quarterly dividend payable August 19, 2026.
- Net income was $17.5 million, or $0.42 per diluted share, versus $18.9 million, or $0.48, in Q1 2026 and $12.2 million, or $0.36, in Q2 2025.
- Adjusted diluted EPS was $0.57, compared with $0.59 in Q1 2026 and $0.53 in Q2 2025.
- Net interest margin rose 3 basis points to 3.99%; merger-related expenses were $7.5 million in Q2 2026, up from $5.2 million in Q1.
- Board declared a $0.25 quarterly cash dividend, payable August 19, 2026, to shareholders of record on August 5, 2026.
Read the filing on SEC.gov ↗
Apr 23, 5:05 PM ET
Heritage Financial reported first quarter 2026 net income of $18.9 million, or $0.48 per diluted share, compared with $22.2 million, or $0.65, in the fourth quarter of 2025 and $0.40 in the first quarter of 2025. The results reflect the January 31, 2026 acquisition of Olympic Bancorp, which lifted total assets to $8.50 billion and net interest margin to 3.96%, while noninterest expense also rose with Merger-related costs. The company also declared a regular quarterly cash dividend of $0.24 per share.
- Net income of $18.9 million, or $0.48 per diluted share, versus $0.65 in Q4 2025 and $0.40 in Q1 2025.
- Adjusted diluted EPS, excluding merger-related costs, was $0.59, compared with $0.66 in Q4 2025 and $0.49 in Q1 2025.
- Net interest margin rose to 3.96% from 3.72% in Q4 2025; the efficiency ratio rose to 72.6% from 62.5%.
- Quarterly dividend of $0.24 per share, payable May 20, 2026, to shareholders of record at the close of business May 6, 2026.
Read the filing on SEC.gov ↗
Feb 2, 12:42 PM ET
Heritage Financial Corporation (Nasdaq: HFWA) completed its merger with Olympic Bancorp, Inc. effective January 31, 2026, with Olympic merging into the company and Kitsap Bank merging into Heritage Bank. Heritage will issue an aggregate of approximately 7,167,600 common shares as consideration, so the deal increases the number of shares outstanding while Heritage's existing shares are unaffected.
- Merger completed effective January 31, 2026, under the Merger Agreement dated September 25, 2025
- Each Olympic share converts into 45.0 Heritage common shares, with cash paid in lieu of fractional shares
- Heritage will issue an aggregate of approximately 7,167,600 shares; financial statements and pro forma information will be filed by amendment within 71 days
Read the filing on SEC.gov ↗
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