Heritage Financial (US:HFWA) ZACKS·2026-01-21 15:16Core Viewpoint - Analysts project that Heritage Financial (HFWA) will report quarterly earnings of $0.57 per share, reflecting an 11.8% year-over-year increase, with revenues expected to reach $65.7 million, a 7.8% increase from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate for the quarter has been revised upward by 1.9% over the past 30 days, indicating a collective reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock price performance [3]. Key Financial Metrics - Analysts estimate the 'Net Interest Margin' at 3.7%, up from 3.4% in the same quarter last year [5]. - The 'Efficiency Ratio' is projected to be 63.1%, a significant improvement from 69.3% reported in the same quarter last year [5]. - 'Total Nonperforming Assets' are estimated at $16.75 million, compared to $5.27 million in the same quarter last year [6]. - 'Total Nonaccrual Loans' are expected to reach $14.25 million, up from $4.08 million a year ago [6]. - The 'Average Balance - Total interest earning assets' is estimated at $6.27 billion, slightly down from $6.31 billion a year ago [7]. - 'Total Noninterest Income' is projected at $8.00 million, compared to $3.29 million in the same quarter last year [7]. - 'Net Interest Income' is expected to be $57.71 million, an increase from $53.76 million reported in the same quarter last year [8]. Market Performance - Heritage Financial shares have returned +1.1% over the past month, outperforming the Zacks S&P 500 composite, which has seen a -0.4% change [8].