Heritage Finl Corp Wash Stock Price, News & Analysis

Heritage Financial Corporation (Nasdaq: HFWA) will release its third quarter earnings on October 20, 2022, before market opening. A conference call to discuss the results is scheduled for 10:00 a.m. Pacific time on the same day. Interested parties can access the call at (844) 200-6205 with access code 481365. A replay will be available until October 27, 2022, at (866) 813-9403 with access code 989637. Heritage operates a network of 50 branches in Washington and Oregon, focusing on full-service banking.

Heritage Financial Corporation (NASDAQ: HFWA) reported a net income of $18.6 million for Q2 2022, down from $19.8 million in Q1 2022 and $32.7 million in Q2 2021. Diluted earnings per share decreased to $0.52 from $0.56 and $0.90 respectively. Loans receivable rose by $52.9 million (1.4%) in Q2 2022. The net interest margin improved to 3.04%, up from 2.84% in Q1 2022. A cash dividend of $0.21 per share was declared on July 20, 2022, payable on August 17, 2022.

Heritage Financial Corporation (HFWA) plans to release its second quarter earnings on July 21, 2022, before the market opens. A conference call to discuss these earnings will occur the same day at 11:00 a.m. PT (2:00 p.m. ET). Interested parties can join the call by dialing (844) 200-6205 and using access code 476131. A replay will be available until July 28, 2022, at (866) 813-9403 with access code 467910. Heritage Financial is based in Olympia and operates Heritage Bank.

Heritage Bank, part of Heritage Financial Corporation (Nasdaq: HFWA), is expanding its commercial and relationship banking teams in Vancouver, WA; Portland; and Eugene, OR. The newly formed teams consist of a regional manager, three team leaders, banking officers, and credit analysts, all aimed at enhancing services for commercial, small business, and nonprofit clients. President Bryan McDonald expressed confidence in the new hires' potential to support the bank's growth and service expansion in key markets. Heritage Bank operates 49 offices in Washington and Oregon.

Heritage Financial Corporation (NASDAQ: HFWA) reported a net income of $19.8 million, or $0.56 per diluted share, for Q1 2022, showing a slight increase from $19.4 million in Q4 2021 but a decrease from $25.3 million in Q1 2021. Total loans receivable grew by $5.5 million (0.1%), while excluding PPP loan repayments, the increase was $86.4 million (2.4%). The company declared a cash dividend of $0.21 per share. Nonperforming assets decreased to 0.22% of total assets. Total deposits rose by $97.2 million (1.5%) since December 2021.

Heritage Financial Corporation, trading under the symbol HFWA, will release its first quarter earnings on April 21, 2022, before market opening. A conference call to discuss the results is scheduled for the same day at 11:00 a.m. Pacific time. Investors can participate by calling (844) 200-6205, using access code 097736. A replay will be available after the call until April 28, 2022.

Heritage Financial operates Heritage Bank, providing a full range of banking services with 49 branches across Washington and Oregon.

Heritage Financial Corporation (NASDAQ: HFWA) reported a net income of $19.4 million for Q4 2021, down from $20.6 million in Q3 2021 and $23.9 million in Q4 2020. Diluted EPS for Q4 2021 was $0.55, compared to $0.58 in Q3 2021 and $0.66 in Q4 2020. Total assets as of December 31, 2021, increased to $7.43 billion. The Board declared a quarterly cash dividend of $0.21 per share, payable on February 23, 2022. The bank continues to invest in affordable housing projects while managing capital levels exceeding regulatory requirements.

Heritage Financial Corporation (Nasdaq: HFWA) will release its fourth quarter and year-end earnings on January 27, 2022, before the market opens. A conference call to discuss these earnings is scheduled for the same day at 11:00 a.m. PT (2:00 p.m. ET). Investors can access the call at (844) 200-6205 with an access code of 09084. A replay of the call will be available until February 3, 2022.

Heritage is a bank holding company operating Heritage Bank with a network of 49 branches in Washington and Oregon.

Heritage Financial Corporation (NASDAQ: HFWA) announced the appointment of Trevor Dryer and Gail Giacobbe to its Board of Directors, effective January 1, 2022. Mr. Dryer brings expertise in fintech and small business lending, having co-founded Mirador, while Ms. Giacobbe offers experience in digital transformation from her role at Microsoft. Both appointments aim to enhance Heritage's capabilities in navigating the ongoing digital changes within the banking sector, as noted by Board Chair Brian L. Vance.