secwatch.observer — SEC 8-K summary
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Issuer:     HERITAGE FINANCIAL CORP /WA/ (HFWA)
CIK:        0001046025
Form:       8-K
Filed at:   2021-10-22T23:59:59+00:00
Accession:  0001046025-21-000159
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046025/000104602521000159/0001046025-21-000159-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046025/000104602521000159/hfwa-20211021.htm
  HTML page:      https://secwatch.observer/filing/0001046025-21-000159

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer