Heritage Financial Q4 net income $19.4M ($0.55 EPS); declares $0.21 dividend

HERITAGE FINANCIAL CORP /WA/

2021-FY EPS reported $2.73

Net income $19.4M ($0.55 diluted EPS) in Q4 2021 vs $23.9M ($0.66) in Q4 2020; FY2021 net income $98.0M ($2.73) vs $46.6M ($1.29) in 2020.
Reversal of provision for credit losses of $5.0M in Q4 vs $3.1M in Q3 2021 and Q4 2020; NPAs/Total assets improved to 0.32% from 0.88%.
New commercial loan commitments $329.2M in Q4, up from $270.8M in Q3 and $164.5M in Q4 2020.
Declared regular quarterly cash dividend of $0.21/share, payable Feb 23 to holders of record Feb 9.
Net interest margin declined to 2.85% from 3.15% (Q3 2021) and 3.53% (Q4 2020); efficiency ratio rose to 66.61% from 60.50%.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.