HERITAGE FINANCIAL CORP /WA/

Heritage Financial Corporation reported third quarter 2026 net income of $18.7 million, or $0.46 per diluted share, an increase from the previous quarter. The company also announced a new stock repurchase program authorizing the repurchase of up to 5% of its outstanding shares and declared a regular quarterly cash dividend of $0.25 per share. Key highlights include growth in net interest income, net interest margin, loans, and deposits, alongside the successful completion of a core conversion following a recent acquisition.

Heritage Financial Corporation reported its Q2 2026 results, significantly impacted by the completed acquisition of Olympic on January 31, 2026. The company saw a substantial increase in net income to $17.5 million, up from $12.2 million in the prior year's quarter, with diluted EPS rising to $0.42. Total assets expanded to $8.43 billion and total deposits reached $7.04 billion, reflecting the integration of Olympic's operations.

Heritage Financial Corporation announced its second quarter 2026 results, reporting net income of $17.5 million, or $0.42 per diluted share, a decrease from $18.9 million in Q1 2026 but an increase from $12.2 million in Q2 2025. The company also declared a regular quarterly cash dividend of $0.25 per common share, representing a 4.2% increase. Net interest margin improved to 3.99%, and the cost of interest-bearing deposits decreased, while merger-related expenses increased to $7.5 million.

Heritage Financial Corporation completed its acquisition of Olympic Bancorp, Inc. on January 31, 2026, in an all-stock transaction valued at approximately $185.0 million, issuing 7,167,600 shares of common stock. This strategic move significantly expanded the company's market presence and asset base. For the first quarter of 2026, Heritage Financial reported a substantial increase in net income to $18.9 million, up 36.2% year-over-year, with basic earnings per share rising to $0.49. Net interest income also saw a strong increase of 28.9% to $69.2 million, reflecting improved financial performance.

Heritage Financial Corporation released a standard forward-looking statements disclaimer as part of its Q1 2026 investor presentation. The disclaimer outlines various known and unknown risks, including economic conditions, interest rate fluctuations, and cybersecurity threats, that could materially impact actual future results. It serves to caution investors about the inherent uncertainties in forward-looking projections.