Heritage Financial Q2 net income falls to $12.2 million on $6.9 million securities loss
Heritage Financial reported second quarter 2025 net income of $12.2 million, or $0.36 per diluted share, down from $13.9 million, or $0.40, in the first quarter and $14.2 million, or $0.41, a year earlier. The results include a $6.9 million pre-tax loss from selling investment securities as part of a balance sheet repositioning, and the company also declared a $0.24 quarterly dividend, which matters to shareholders as a regular cash payout.
Key points
- Net income was $12.2 million, or $0.36 per diluted share, versus $0.40 in Q1 2025 and $0.41 in Q2 2024.
- A $6.9 million pre-tax securities sale loss reduced diluted EPS by $0.15 in the quarter.
- Net interest margin rose to 3.51% from 3.44% in the first quarter.
- Quarterly cash dividend of $0.24 per share is payable August 20, 2025 to holders of record on August 6, 2025.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.