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

Heritage Financial Q3 net income rises to $18.7 million; adjusted EPS slips to $0.55

Positive Impact 4 of 5 earnings

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.

Key points

  • 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.

The filing

CompanyHeritage Financial (HFWA)
Form8-K, current report
Filed with the SECOct 22, 2026, 1:23 PM ET
Accession number0001628280-26-066841

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 7, 2026, 11:17 PM ET, from this filing only.

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.