---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-003035"
form_type: "8-K"
ticker: "HFWA"
cik: "0001046025"
company_name: "HERITAGE FINANCIAL CORP /WA/"
filed_at: "2026-01-22T23:59:59+00:00"
generated_at: "2026-05-16T08:39:59.919025+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Heritage Financial Q4 net income $22.2M ($0.65 EPS); Olympic acquisition approved, closing Jan 31

## Summary
- Net income $22.2M ($0.65 diluted EPS) vs Q3 $19.2M ($0.55) and Q4 2024 $11.9M ($0.34); adjusted EPS $0.66
- Net interest margin expanded to 3.72% (up 8 bps QoQ); deposits up $62.7M (1.1%); cost of deposits down to 1.83%
- Declared regular cash dividend of $0.24 per share on January 16, 2026
- Received regulatory and shareholder approvals to acquire Olympic Bancorp; close expected on or about January 31, 2026

## SEC filing metadata
- accession: 0001628280-26-003035
- form_type: 8-K
- ticker: HFWA
- cik: 0001046025
- company_name: HERITAGE FINANCIAL CORP /WA/
- filed_at: 2026-01-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046025/000162828026003035/0001628280-26-003035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046025/000162828026003035/hfwa-20260122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-003035
- JSON: https://secwatch.observer/filing/0001628280-26-003035.json
- Plain text: https://secwatch.observer/filing/0001628280-26-003035.txt

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