
Heritage Financial completed the Kitsap Bank systems conversion in late September. Third quarter loan balances grew by $133 million.
Heritage Financial Corporation is the banking holding company for Heritage Bank providing various financial services to small and medium-sized businesses and individuals in the United States. The company is headquartered in Olympia, Washington.
| Revenue (TTM) | $315.40M |
| Gross Profit (TTM) | $315.40M |
| EBITDA | — |
| Operating Margin | 31.00% |
| Return on Equity | 7.79% |
| Return on Assets | 1.00% |
| Revenue/Share (TTM) | $8.17 |
| Book Value | $26.71 |
| Price-to-Book | 1.07 |
| Price-to-Sales (TTM) | 3.65 |
| EV/Revenue | 4.14 |
| EV/EBITDA | — |
| Quarterly Earnings Growth (YoY) | -16.50% |
| Quarterly Revenue Growth (YoY) | 31.80% |
| Shares Outstanding | $40.58M |
| Float | $39.94M |
| % Insiders | 1.41% |
| % Institutions | 83.64% |
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Heritage Financial completed the Kitsap Bank systems conversion in late September. Third quarter loan balances grew by $133 million.

OLYMPIA, Wash., Oct. 27, 2026 /PRNewswire/ -- Heritage Financial Corporation (Nasdaq: HFWA) (the "Company" or "Heritage"), the parent company of Heritage Bank (the "Bank"), announces that Pat Casey will become the Executive Vice President and Chief Information Officer ("CIO") of Heritage Bank and Heritage, effective November 2, 2026.

Heritage Financial NASDAQ: HFWA reported third-quarter operating trends marked by loan and deposit growth, expanding net interest margin and the completion of its Kitsap Bank systems conversion, while also disclosing higher non-accrual loans tied primarily to commercial and industrial relationships.

While the top- and bottom-line numbers for Heritage Financial (HFWA) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Heritage Financial (HFWA) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.56 per share a year ago.

Third Quarter 2026 Highlights Net income was $18.7 million, or $0.46 per diluted share, compared to $17.5 million, or $0.42 per diluted share, for the second quarter of 2026. Adjusted diluted earnings per share (1) were $0.55, compared to $0.57 in the second quarter of 2026.

Heritage Financial (HFWA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

OLYMPIA, Wash., Sept. 30, 2026 /PRNewswire/ -- Heritage Financial Corporation (Nasdaq: HFWA) (the "Company" or "Heritage") anticipates issuing its third quarter earnings release on Thursday, October 22, 2026 before the market opens.

Heritage Financial NASDAQ: HFWA executives said the company's second-quarter results reflected higher net interest margin, stable credit quality and continued merger-related expenses as it moves toward a late-September systems conversion.

Although the revenue and EPS for Heritage Financial (HFWA) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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