Heritage Financial Q3 net income $11.4M ($0.33 EPS) down from $14.2M in Q2; declares $0.23 dividend

HERITAGE FINANCIAL CORP /WA/

2024-Q3 EPS reported $0.90

Net income $11.4M, EPS $0.33 vs Q2 $14.2M/$0.41 and Q3 2023 $18.2M/$0.51.
Includes pre-tax loss of $6.9M on sale of securities ($0.16 EPS hit) from strategic balance sheet repositioning.
Loans grew $146.9M (3.2% sequentially, 12.9% annualized); deposits increased $192.8M (3.5% seq.).
Net interest margin expanded to 3.33% from 3.29% in Q2; cost of total deposits 1.42% vs 1.34%.
Declared regular cash dividend of $0.23 per share, payable Nov 20 to holders of record Nov 6.

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.