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Heritage Financial ( (HFWA) ) just unveiled an update.
On December 29, 2025, Heritage Financial Corporation announced it had received all required U.S. banking regulatory approvals, including from federal and Washington state authorities, for its previously announced acquisition of Olympic Bancorp, Inc. and the related merger of Olympic’s Kitsap Bank into Heritage Bank. The company said it plans to close the transaction on or about January 31, 2026, subject to customary closing conditions, notably shareholder approvals at both Heritage and Olympic, and highlighted that combining Kitsap Bank’s relationship-banking model with Heritage’s existing franchise is expected to create a stronger banking platform for communities across the Puget Sound region, potentially expanding the group’s regional footprint and competitive positioning while leaving completion risk tied to shareholder votes and integration execution.
The most recent analyst rating on (HFWA) stock is a Buy with a $28.00 price target. To see the full list of analyst forecasts on Heritage Financial stock, see the HFWA Stock Forecast page.
Spark’s Take on HFWA Stock
According to Spark, TipRanks’ AI Analyst, HFWA is a Outperform.
Heritage Financial’s strong financial performance, positive technical indicators, and strategic corporate events, including a merger, contribute to a favorable outlook. While the valuation is reasonable, the company’s growth prospects and strategic initiatives are the most significant factors driving the score.
To see Spark’s full report on HFWA stock, click here.
More about Heritage Financial
Heritage Financial Corporation is an Olympia, Washington-based bank holding company whose sole wholly owned banking subsidiary is Heritage Bank, a full-service commercial bank. Heritage Bank operates 51 branches across Washington, Oregon and Idaho, also doing business as Whidbey Island Bank on Whidbey Island, and its shares trade on the Nasdaq Global Select Market under the ticker HFWA.
Average Trading Volume: 189,411
Technical Sentiment Signal: Strong Buy
Current Market Cap: $830.2M
For an in-depth examination of HFWA stock, go to TipRanks’ Overview page.