earnings
confidence high
sentiment positive
materiality 0.75
Heritage Financial Q3 net income $19.2M ($0.55 EPS), up from $12.2M; declares $0.24 dividend
HERITAGE FINANCIAL CORP /WA/
2025-Q3 EPS reported
$1.31
- Net income of $19.2M ($0.55 diluted EPS) vs $12.2M ($0.36) in Q2 2025 and $11.4M ($0.33) in Q3 2024.
- Net interest margin expanded to 3.64% from 3.51% in Q2; deposit costs declined to 1.89% from 1.94%.
- Total deposits rose $73.1M (1.3%) from Q2; noninterest demand deposits up 2.1%.
- Regular cash dividend of $0.24 per share declared, payable Nov 19 to holders of record Nov 5.
- CEO confirmed pending acquisition of Olympic Bancorp (Kitsap Bank) expected to close in Q1 2026.