---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-049439"
form_type: "8-K"
ticker: "HFWA"
cik: "0001046025"
company_name: "HERITAGE FINANCIAL CORP /WA/"
filed_at: "2026-07-23T21:08:06+00:00"
generated_at: "2026-07-23T21:10:11.402751+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Heritage Financial Q2 net income $17.5M ($0.42 EPS); dividend raised 4.2% to $0.25

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-26-049439
- form_type: 8-K
- ticker: HFWA
- cik: 0001046025
- company_name: HERITAGE FINANCIAL CORP /WA/
- filed_at: 2026-07-23T21:08:06+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/1046025/000162828026049439/0001628280-26-049439-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046025/000162828026049439/hfwa-20260723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-049439
- JSON: https://secwatch.observer/filing/0001628280-26-049439.json
- Plain text: https://secwatch.observer/filing/0001628280-26-049439.txt

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