---
schema_version: "secwatch.filing_event.v1"
accession: "0001046025-21-000159"
form_type: "8-K"
ticker: "HFWA"
cik: "0001046025"
company_name: "HERITAGE FINANCIAL CORP /WA/"
filed_at: "2021-10-22T23:59:59+00:00"
generated_at: "2026-06-28T18:42:12.927963+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Heritage Financial Q3 net income $20.6M, diluted EPS $0.58; dividend raised to $0.21

## Summary
- Net income $20.6M ($0.58 diluted EPS) vs $32.7M ($0.90) in Q2 2021 and $16.6M ($0.46) in Q3 2020.
- Reversal of provision for credit losses $3.1M vs $14.0M reversal in Q2 2021 and $2.7M provision in Q3 2020.
- Nonperforming assets to total assets ratio improved to 0.36% from 0.50% at Q2 2021 and 0.88% at Dec 2020.
- Declared Q4 cash dividend $0.21 per share, up 5% from $0.20 prior quarter; payable Nov 17, record Nov 3.
- Repurchased 841,088 shares at weighted-average price $24.54 during Q3.

## SEC filing metadata
- accession: 0001046025-21-000159
- form_type: 8-K
- ticker: HFWA
- cik: 0001046025
- company_name: HERITAGE FINANCIAL CORP /WA/
- filed_at: 2021-10-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046025/000104602521000159/0001046025-21-000159-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046025/000104602521000159/hfwa-20211021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001046025-21-000159
- JSON: https://secwatch.observer/filing/0001046025-21-000159.json
- Plain text: https://secwatch.observer/filing/0001046025-21-000159.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.