Workflow
Heritage Financial (HFWA) - 2024 Q3 - Quarterly Results

FOR IMMEDIATE RELEASE DATE: October 24, 2024 HERITAGE FINANCIAL ANNOUNCES THIRD QUARTER 2024 RESULTS AND DECLARES REGULAR CASH DIVIDEND OF 0.23PERSHAREThirdQuarter2024HighlightsNetincomewas0.23 PER SHARE Third Quarter 2024 Highlights • Net income was 11.4 million, or 0.33perdilutedshare,comparedto0.33 per diluted share, compared to 14.2 million, or 0.41perdilutedshare,forthesecondquarterof2024.Resultsincludeapretaxlossonsaleofsecuritiesof0.41 per diluted share, for the second quarter of 2024. • Results include a pre-tax loss on sale of securities of 6.9 million, or 0.16perdilutedshareonanaftertaxbasis.Loansreceivableincreased0.16 per diluted share on an after-tax basis. • Loans receivable increased 146.9 million, or 3.2% (12.9 ...