---
schema_version: "secwatch.filing_event.v1"
accession: "0001046025-25-000144"
form_type: "8-K"
ticker: "HFWA"
cik: "0001046025"
company_name: "HERITAGE FINANCIAL CORP /WA/"
filed_at: "2025-07-24T23:59:59+00:00"
generated_at: "2026-05-18T01:56:50.387817+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Heritage Financial Q2 2025 net income $12.2M ($0.36 EPS); adj. EPS $0.53; declares $0.24 dividend

## Summary
- 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%.

## SEC filing metadata
- accession: 0001046025-25-000144
- form_type: 8-K
- ticker: HFWA
- cik: 0001046025
- company_name: HERITAGE FINANCIAL CORP /WA/
- filed_at: 2025-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046025/000104602525000144/0001046025-25-000144-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046025/000104602525000144/hfwa-20250724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001046025-25-000144
- JSON: https://secwatch.observer/filing/0001046025-25-000144.json
- Plain text: https://secwatch.observer/filing/0001046025-25-000144.txt

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