AI brief of an SEC Form 8-K · Heritage Financial (HFWA)

Heritage Financial Q3 net income rises to $19.2 million, $0.55 per diluted share

Positive Impact 3 of 5 earnings Written later

Heritage Financial Corporation (HFWA) reported third quarter 2025 net income of $19.2 million, or $0.55 per diluted share, up from $12.2 million, or $0.36, in the second quarter of 2025. Net interest margin rose to 3.64% from 3.51%, and the company declared a $0.24 quarterly dividend while it awaits the first-quarter 2026 closing of its acquisition of Olympic Bancorp, Inc.

Key points

  • Net income was $19.2 million, or $0.55 per diluted share, versus $12.2 million, or $0.36, in Q2 2025.
  • Net interest margin increased to 3.64% from 3.51% in Q2 2025; total deposits rose $73.1 million to $5.86 billion.
  • Quarterly cash dividend of $0.24 per share, payable November 19, 2025 to shareholders of record on November 5, 2025.
  • Pending acquisition of Olympic Bancorp, Inc. and its subsidiary Kitsap Bank; closing expected in the first quarter of 2026.

The filing

CompanyHeritage Financial (HFWA)
Form8-K, current report
Filed with the SECOct 23, 2025, 2:33 PM ET
Accession number0001628280-25-046050

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

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 October 23, 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.