earnings
confidence high
sentiment neutral
materiality 0.60
Heritage Financial Q2 net income $17.5M ($0.42 EPS); dividend raised 4.2% to $0.25
HERITAGE FINANCIAL CORP /WA/
- Net income $17.5M vs $18.9M Q1 2026 and $12.2M Q2 2025; diluted EPS $0.42.
- Adjusted diluted EPS $0.57 vs $0.59 Q1 2026 and $0.53 Q2 2025.
- Net interest margin improved to 3.99% (up 3 bps); cost of interest-bearing deposits fell to 1.67%.
- Regular cash dividend increased 4.2% to $0.25 per share, payable Aug 19 to holders of record Aug 5.
- Merger-related expenses of $7.5M in Q2 from Olympic Bancorp acquisition closed Jan 31, 2026.