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