Welcome to our dedicated page for Heritage Finl Wash news (Ticker: HFWA), a resource for investors and traders seeking the latest updates and insights on Heritage Finl Wash stock.
Heritage Financial Corporation (Nasdaq: HFWA) is the bank holding company for Heritage Bank, a full-service commercial bank with a network of branches in Washington, Oregon, and Idaho. This news page aggregates company press releases and third-party coverage so readers can follow developments affecting Heritage Financial and Heritage Bank over time.
Heritage Financial regularly issues quarterly earnings announcements, detailing net income, net interest margin, loan and deposit trends, investment securities activity, and credit quality metrics. These releases are often accompanied by conference calls and investor presentations, which are referenced in both news items and related Form 8-K filings. Investors and analysts can use this news flow to track changes in the company’s balance sheet composition, funding mix, and capital ratios.
In addition to earnings, Heritage Financial’s news includes dividend declarations on its common stock, providing information on regular quarterly cash dividends and related record and payment dates. Corporate governance updates, such as appointments to the Board of Directors, are also announced through press releases, offering insight into leadership and oversight at both the holding company and bank levels.
Strategic activity is another key news theme. Heritage Financial has announced an Agreement and Plan of Merger with Olympic Bancorp, Inc., the holding company for Kitsap Bank, and has provided public commentary on the expected combination of their franchises, subject to regulatory and shareholder approvals. News items describe how this transaction is intended to extend Heritage Bank’s footprint and create a larger banking platform across parts of Washington, including the Puget Sound region.
By reviewing the HFWA news feed on this page, readers can follow Heritage Financial’s financial performance, capital actions, strategic transactions, and other corporate developments in one place and return as new releases and updates are published.
Heritage Financial Corporation (Nasdaq: HFWA) completed its merger to acquire Olympic Bancorp, Inc., effective January 31, 2026. Heritage will issue an aggregate of 7,167,600 shares of common stock and Olympic shareholders will receive 45.0 shares of Heritage common stock each, with cash for fractional shares.
The acquisition folds Kitsap Bank into Heritage Bank and extends Heritage's branch network under the Kitsap Bank and Whidbey Island Bank names across Washington, Oregon, and Idaho.
Heritage Financial (Nasdaq: HFWA) reported Q4 2025 net income of $22.2M ($0.65 diluted EPS), up from $19.2M ($0.55) in Q3 2025 and $11.9M in Q4 2024. Adjusted diluted EPS was $0.66. Return on average assets rose to 1.27% and net interest margin increased to 3.72% (up 8 bps QoQ). Total deposits were $5.92B (+$62.7M QoQ). The company declared a $0.24 per-share cash dividend on Jan 16, 2026, and received regulatory and shareholder approvals to acquire Olympic Bancorp, with closing expected on or about Jan 31, 2026.
Heritage Financial (Nasdaq: HFWA) declared a quarterly cash dividend of $0.24 per common share, payable on February 11, 2026 to shareholders of record on January 28, 2026. The dividend is being paid in advance of the normal quarterly dividend timing due to the anticipated merger with Olympic Bancorp, Inc. Registered holders can enroll for direct deposit via Computershare's Investor Centre or by calling 1-800-962-4284. Heritage Bank operates 51 branches in Washington and Oregon and trades under the symbol HFWA.
Heritage Financial (Nasdaq: HFWA) will release fourth quarter 2025 earnings on Thursday, January 22, 2026 before market open and will host a live conference call the same day at 10:00 a.m. PT / 1:00 p.m. ET with a Q&A session following the presentation.
Participants may register to receive dial-in details and unique PINs; live dial-in is (833) 470-1428 with access code 927284. A recorded replay will be available 24 hours a day through February 5, 2026 at (866) 813-9403 (access code 715393). Questions may be directed to Kaylene Lahn at 360-943-1500.
Heritage Bank operates 51 branches across Washington, Oregon, and Idaho and trades on NASDAQ Global Select Market under the symbol HFWA.
Heritage Financial (Nasdaq: HFWA) has received all required regulatory approvals to complete its previously announced merger to acquire Olympic Bancorp and to merge Kitsap Bank into Heritage Bank.
The company expects the transaction to close on or about January 31, 2026, subject to customary closing conditions and shareholder approval by both Heritage and Olympic shareholders. Heritage operates a network of 51 banking offices across Washington, Oregon, and Idaho.
Heritage Financial Corporation (Nasdaq: HFWA) announced the appointment of Scott T. Allan to its board of directors and to the board of its wholly owned subsidiary Heritage Bank, effective January 1, 2026. Mr. Allan is partner at Cascade Growth Partners and previously held senior roles including CEO of Hydro Flask (2012–2016) and senior VP/general manager at Helen of Troy (2016–2020). He holds a BS in Mechanical Engineering from UC Berkeley and an MBA from Kellogg. Heritage Bank operates 51 branches across Washington and Oregon and trades under the symbol HFWA.
Heritage Financial (Nasdaq: HFWA) reported Q3 2025 net income of $19.2M ($0.55 diluted EPS), up from $11.4M ($0.33) in Q3 2024 and $12.2M in Q2 2025. The company declared a $0.24 per share regular cash dividend on October 22, 2025. Deposits rose to $5.86B and loans totaled $4.77B at September 30, 2025. Borrowings fell materially year-to-date as core deposit growth reduced reliance on FHLB borrowings. Heritage also announced a definitive agreement to acquire Olympic Bancorp, with the transaction expected to close in Q1 2026.
Credit metrics showed an increase in nonaccrual loans and a modest rise in the allowance for credit losses; capital ratios remained above regulatory "well-capitalized" thresholds.
Heritage Financial Corporation (NASDAQ: HFWA) has scheduled its third quarter 2025 earnings release for October 23, 2025, before market open. The company will host a conference call to discuss the results at 10:00 a.m. Pacific time (1:00 p.m. Eastern time) on the same day.
The conference call will include a live Q&A session and will be available for replay until November 6, 2025. Heritage Financial operates through its subsidiary Heritage Bank, which maintains 51 banking offices across Washington, Oregon, and Idaho, including operations under the Whidbey Island Bank name.
Heritage Financial Corporation (Nasdaq: HFWA) has announced the acquisition of Olympic Bancorp, Inc. (parent of Kitsap Bank) in an all-stock transaction valued at $176.6 million. Under the agreement, Olympic shareholders will receive 45.0 shares of Heritage common stock for each Olympic share, representing approximately 17.4% ownership in the combined company.
The merger will create a stronger banking platform with combined assets of $8.8 billion, total loans of $5.7 billion, and deposits of $7.2 billion. Post-merger, Heritage will become the second-largest community bank in the Kitsap and Olympic Peninsulas, commanding a 14% deposit market share. The transaction is expected to close in Q1 2026, subject to regulatory and shareholder approvals.
Heritage anticipates an 18% earnings per share accretion following full realization of operating efficiencies. The combined entity will continue operating under the Kitsap Bank name in certain markets on the Kitsap and Olympic peninsulas.
Heritage Financial (NASDAQ:HFWA) reported Q2 2025 net income of $12.2 million, or $0.36 per diluted share, down from $13.9 million ($0.40/share) in Q1 2025. The quarter included a $6.9 million pre-tax loss on security sales, impacting EPS by $0.15.
Key performance metrics showed mixed results with net interest margin increasing to 3.51% from 3.44% and loan yields rising to 5.50%. Total deposits decreased by $60.9 million to $5.78 billion, while loans receivable slightly increased by $10 million to $4.77 billion. The company declared a regular cash dividend of $0.24 per share.
The strategic balance sheet repositioning involved selling $91.6 million of securities yielding 2.63% and purchasing $56.4 million of new securities yielding 5.06%, aiming to improve future profitability.
[ "Net interest margin increased to 3.51% from 3.44% in Q1 2025", "Loan yields improved to 5.50% from 5.45% quarter-over-quarter", "Strategic repositioning improved investment portfolio yield from 2.63% to 5.06%", "Maintained strong capital levels with 12.6% stockholders' equity to total assets", "New loan commitments increased to $267.6 million from $201.0 million in Q1" ]