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Heritage Financial Corp - $HFWA STOCK NEWS

Welcome to our dedicated page for Heritage Financial news (Ticker: $HFWA), a resource for investors and traders seeking the latest updates and insights on Heritage Financial stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Heritage Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Heritage Financial's position in the market.

Rhea-AI Summary
Heritage Financial reported a net income of $5.7 million for Q1 2024, with diluted earnings per share at $0.16. The company declared a cash dividend of $0.23 per share and approved a new stock repurchase program. Loans receivable increased by 2.1%, while net interest margin decreased to 3.32%. The company incurred a loss on the sale of securities and severance costs due to expense management measures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.85%
Tags
dividends earnings
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Rhea-AI Summary
Heritage Financial (HFWA) is set to release its first-quarter earnings on April 25, 2024, with a scheduled conference call to discuss the results. Investors can access the call using the provided numbers and codes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.11%
Tags
-
Rhea-AI Summary
Heritage Financial Corporation announced the resignation of Director Eric K. Chan from the Boards of Directors of the Company and the Bank effective February 6, 2024. Mr. Chan resigned due to his new position as Chief Business and Strategy Officer at The Gap. Board Chair Brian L. Vance expressed regret at Mr. Chan's departure, acknowledging his valuable contributions to the Board.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.95%
Tags
management
Rhea-AI Summary
Heritage Financial Corporation reported a decrease in net income for the fourth quarter of 2023 compared to the third quarter of 2023. The company incurred a pre-tax loss of $10.0 million on the sale of investment securities due to the strategic repositioning of its investment portfolio. Additionally, costs relating to expense management measures totaling $2.0 million were recognized in the fourth quarter. However, the company declared a regular cash dividend of $0.23 per share on January 24, 2024, an increase of 4.5% from the previous quarter. Heritage Bank is partnering with Community Roots Housing on the renovation of the historic Devonshire Apartments, providing a $16.9 million construction loan and $2.6 million permanent loan for the project.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.81%
Tags
dividends
-
Rhea-AI Summary
Heritage Financial Corporation (HFWA) to release fourth quarter and year-end earnings on January 25, 2024. Conference call scheduled to discuss the earnings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.83%
Tags
-
Rhea-AI Summary
Heritage Financial Corporation reports net income of $18.2 million for Q3 2023, with diluted earnings per share of $0.51. Return on average equity increased to 8.80%. Capital remains strong with a leverage ratio of 9.9% and a total capital ratio of 14.1%. Loans receivable increased $15.5 million. Total deposits increased $39.6 million. Declared a regular cash dividend of $0.22 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.42%
Tags
dividends earnings
Rhea-AI Summary
Heritage Financial Corporation anticipates issuing its Q3 earnings release on October 19, 2023. A conference call to discuss the earnings will be held on the same day. The call will be recorded and available for replay until October 26, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.7%
Tags
dividends earnings
-
Rhea-AI Summary
Heritage Financial Corporation is set to release its second quarter earnings on July 20, 2023. A conference call will be held to discuss the earnings at 10:00 a.m. Pacific time. The call will be recorded and available for replay until July 27, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.01%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.44%
Tags
none
Heritage Financial Corp

Nasdaq:HFWA

HFWA Rankings

HFWA Stock Data

653.56M
34.21M
1.81%
80.9%
1.49%
Savings Institutions
Finance and Insurance
Link
United States of America
OLYMPIA

About HFWA

heritage financial corp is a real estate company located in 201 5th ave sw, olympia, washington, united states.