Heritage Finl Corp Wash Stock Price, News & Analysis

Heritage Financial Corporation (Nasdaq: HFWA) will release its third quarter earnings on October 21, 2021, before the market opens. A conference call to discuss the results is scheduled for the same day at 11:00 a.m. Pacific time (2:00 p.m. Eastern time). Participants can join the live call at (844) 200-6205 using access code 212793. A replay will be available until October 28, 2021, at (866) 813-9403 with access code 056393. For further details, inquiries can be directed to Kaylene Lahn at 360-943-1500.

Heritage Financial Corporation (NASDAQ: HFWA) reported a net income of $32.7 million for Q2 2021, a significant increase from $25.3 million in Q1 2021 and a recovery from a $6.1 million loss in Q2 2020. Diluted earnings per share rose to $0.90 compared to $0.70 in the previous quarter. The company declared a dividend of $0.20 per share, payable on August 18, 2021. The reduction in nonperforming assets and effective risk management contributed to improved financial performance.

Heritage Financial Corporation (Nasdaq: HFWA) will release its second quarter earnings on July 22, 2021, before market opening. A conference call to discuss the earnings will be held on the same day at 11:00 a.m. PT (2:00 p.m. ET). The call can be accessed at (844) 291-6362 with access code 1137604. A recorded replay will be available after the live call until August 5, 2021, at (866) 207-1041, using access code 4937664.

Heritage Financial Corporation (NASDAQ: HFWA) has appointed Bryan D. McDonald as the President and Chief Operating Officer of Heritage Bank, effective July 1, 2021. McDonald has been with Heritage since May 2014 and has played a key role in achieving the Bank's strategic goals. His leadership has been crucial during challenging times. Heritage Financial Corporation operates Heritage Bank, which has 53 locations across Washington and Oregon, under the HFWA ticker on NASDAQ.

Heritage Financial Corporation (NASDAQ: HFWA) reported a net income of $25.3 million for Q1 2021, up from $23.9 million in Q4 2020 and $12.2 million in Q1 2020. Diluted earnings per share increased to $0.70 from $0.66. The bank's total assets rose to $7.03 billion, and total deposits grew by 7.5% to $6.02 billion. A quarterly cash dividend of $0.20 per share was declared, payable on May 19, 2021. The company also reported a decrease in credit losses and nonperforming assets, showcasing a positive trend despite pandemic challenges.

Heritage Financial Corporation (Nasdaq: HFWA) plans to release its first quarter earnings on April 22, 2021, before market opening. A conference call will be held on the same day at 11:00 a.m. Pacific time to discuss the earnings report. Interested parties can join the live call by dialing (877) 692-8955 with the access code 1839701. A replay will be available 2 hours post-call until May 7, 2021. Heritage Financial, based in Olympia, operates Heritage Bank, which has 53 branches in Washington and Oregon.

Heritage Financial Corporation (NASDAQ GS: HFWA) reported a net income of $23.9 million for Q4 2020, up from $16.6 million in Q3 2020 and $17.1 million YoY. Diluted EPS increased to $0.66 from $0.46 in the prior quarter. The bank funded 4,642 SBA PPP loans totaling $897.4 million. The company highlighted its role in supporting housing development through the Heartwood Apartments project, aiming for a Green 4-star certification. As of Dec 31, 2020, total assets stood at $6.615 billion, and total deposits were $5.598 billion.

Heritage Financial Corporation (NASDAQ: HFWA) will release its fourth quarter and year-end earnings on January 28, 2021, before market opening. A conference call is scheduled for the same day at 11:00 a.m. Pacific time (2:00 p.m. Eastern time) to discuss the earnings results. Access details for the live call and its replay options have been provided. Heritage operates as a bank holding company for Heritage Bank, with a network of 61 locations in Washington and Oregon. For more information, visit www.hf-wa.com.

Heritage Financial Corporation (NASDAQ: HFWA) appointed Fred Rivera to its Board of Directors, effective December 17, 2020. Rivera, an experienced executive, currently serves as Executive Vice President and General Counsel for the Seattle Mariners, with past roles at Perkins Coie LLP, Fannie Mae, and the U.S. Department of Justice. His legal and financial services experience, along with community leadership in the Puget Sound region, is expected to enhance the board's effectiveness. Heritage Financial operates a full-service commercial bank, Heritage Bank, with a network of 61 branches in Washington and Oregon.