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The latest announcement is out from Heritage Financial ( (HFWA) ).
On July 24, 2025, Heritage Financial Corporation announced its second quarter results, reporting a net income of $12.2 million, a decrease from the previous quarter’s $13.9 million. The company declared a regular quarterly cash dividend of $0.24 per share, to be paid on August 20, 2025. The quarter included a pre-tax loss of $6.9 million from the sale of investment securities as part of a strategic balance sheet repositioning, impacting earnings per share by $0.15. Despite these losses, Heritage Financial saw growth in core earnings, attributed to increased yields on loans and investment securities, and a $100 million increase in total deposits since the end of 2024. The company remains optimistic about future profitability and sustainable long-term returns for shareholders.
The most recent analyst rating on (HFWA) stock is a Buy with a $26.00 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 Neutral.
Heritage Financial’s overall stock score reflects steady financial performance, balanced technical indicators, and reasonable valuation. While the earnings call and corporate events highlight positive strategic initiatives, slight margin compression and moderate technical signals suggest a cautious outlook.
To see Spark’s full report on HFWA stock, click here.
More about Heritage Financial
Heritage Financial Corporation, headquartered in Olympia, WA, is the parent company of Heritage Bank. The company operates in the financial services industry, focusing on banking services, including loans and deposits, with a strategic emphasis on expanding net interest margins and improving profitability through balance sheet repositioning.
Average Trading Volume: 178,227
Technical Sentiment Signal: Strong Buy
Current Market Cap: $851.3M
For a thorough assessment of HFWA stock, go to TipRanks’ Stock Analysis page.