earnings
confidence high
sentiment neutral
materiality 0.60
Heritage Financial Q2 2025 net income $12.2M ($0.36 EPS); adj. EPS $0.53; declares $0.24 dividend
HERITAGE FINANCIAL CORP /WA/
2025-Q2 EPS reported
$0.76
- Net income $12.2M, diluted EPS $0.36 vs $0.40 in Q1 2025 and $0.41 in Q2 2024.
- Pre-tax loss on securities sale of $6.9M ($0.15 EPS) as part of balance sheet repositioning; sold $91.6M at 2.63%, reinvested $56.4M at 5.06%.
- Net interest margin expanded to 3.51% from 3.44% in Q1; loan yield 5.50%, cost of interest-bearing deposits 1.94%.
- Declared regular cash dividend $0.24/share, payable Aug 20 to holders of record Aug 6.
- Adjusted diluted EPS $0.53 vs $0.49 prior quarter and $0.45 YoY; adjusted ROATCE 11.59%.