OLYMPIA, Wash., Jan. 27, 2025 /PRNewswire/ -- Heritage Bank ("Heritage" or "bank"), a wholly-owned subsidiary of Heritage Financial Corporation (Nasdaq: HFWA), is pleased to announce its expansion into Spokane, Wash., with the addition of James Krejci, senior vice president, commercial team leader; Timothy Engh, senior vice president, commercial banking officer; and Sean O'Regan, vice president, commercial banking officer. Subject to the completion of certain conditions, including receipt of the necessary r ...

FOR IMMEDIATE RELEASE DATE: January 23, 2025 HERITAGE FINANCIAL ANNOUNCES FOURTH QUARTER AND ANNUAL 2024 RESULTS AND DECLARES REGULAR CASH DIVIDEND OF $0.24 PER SHARE Represents a non-GAAP financial measure. See "Non-GAAP Financial Measures" section for a reconciliation to the comparable GAAP financial measure. (1) Fourth Quarter 2024 Highlights Olympia, WA - Heritage Financial Corporation (Nasdaq GS: HFWA) (the "Company", "we," or "us"), the parent company of Heritage Bank (the "Bank"), today reported net ...

Heritage Financial Corporation (NASDAQ:HFWA) Q4 2024 Earnings Conference Call January 23, 2024 1:00 PM ET Corporate Participants Jeff Deuel - Chief Executive Officer, Heritage Financial Tony Chalfant - Chief Credit Officer Bryan McDonald - Chief Executive Officer, Heritage Bank Jennifer Nino - Chief Accounting Officer Conference Call Participants Jeff Rulis - D.A. Davidson Liam Coohill - Raymond James Kelly Motta - KBW Operator Hello, everyone, and a warm welcome to Heritage Financial Q4 and Year-End Earnin ...

INVESTOR PRESENTATION Q4 2024 FORWARD LOOKING STATEMENTS This presentation contains "forward-looking statements"within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements often include words such as "believes," "expects," "anticipates," "estimates," "forecasts," "intends," "plans," "targets," "potentially," "probably," "projects," "outlook" or similar expressions or future or conditional verbs such as "may," "will," "should," "would," and "could," as well as the negative of ...

For the quarter ended December 2024, Heritage Financial (HFWA) reported revenue of $60.96 million, up 20.2% over the same period last year. EPS came in at $0.51, compared to $0.47 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $60.5 million, representing a surprise of +0.75%. The company delivered an EPS surprise of +10.87%, with the consensus EPS estimate being $0.46.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wa ...

Heritage Financial (HFWA) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.87%. A quarter ago, it was expected that this bank holding company would post earnings of $0.42 per share when it actually produced earnings of $0.33, delivering a surprise of -21.43%.Over the last four quart ...

Fourth Quarter 2024 Highlights Net income was $11.9 million, or $0.34 per diluted share, compared to $11.4 million, or $0.33 per diluted share, for the third quarter of 2024. Results included a pre-tax loss on sale of securities of $3.9 million and $2.9 million in total after-tax costs related to BOLI restructuring, resulting in an aggregate negative impact of $0.17 per diluted share. Loans receivable increased $122.6 million, or 2.6% (10.5% annualized). Net interest margin increased to 3.39%, from 3.33% f ...

Wall Street analysts forecast that Heritage Financial (HFWA) will report quarterly earnings of $0.46 per share in its upcoming release, pointing to a year-over-year decline of 2.1%. It is anticipated that revenues will amount to $59.73 million, exhibiting an increase of 17.8% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during th ...

OLYMPIA, Wash., Dec. 19, 2024 /PRNewswire/ -- Heritage Financial Corporation ("Heritage") (Nasdaq: HFWA) is pleased to announce the appointment of Karen R. Saunders to its Board of Directors. Ms. Saunders was also appointed to the Board of Directors of Heritage's wholly-owned subsidiary, Heritage Bank. The appointment is effective January 1, 2025. Heritage Financial Corporation Appoints Karen R. Saunders to its Board of Directors "We are pleased to welcome Karen to our board of directors," said Brian L. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ | --- | --- | --- | |------------------------------------------------------|---------------------------------------------- ...