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Heritage Financial ( (HFWA) ) has shared an update.
On April 24, 2025, Heritage Financial announced its first-quarter results, reporting a net income of $13.9 million, an increase from the previous quarter. The company declared a regular quarterly cash dividend of $0.24 per share, to be paid on May 21, 2025. Despite a pre-tax loss on the sale of securities, Heritage Financial saw improvements in net interest margin and deposit growth, reflecting a strategic repositioning of its balance sheet aimed at enhancing future profitability.
Spark’s Take on HFWA Stock
According to Spark, TipRanks’ AI Analyst, HFWA is a Neutral.
Heritage Financial’s overall stock score reflects a stable financial position with a strong balance sheet and efficient operations, but challenges in revenue growth and profitability persist. Technical indicators suggest a bearish trend, while valuation is moderate. The earnings call and corporate events provide a mixed outlook, highlighting both strategic improvements and potential risks.
To see Spark’s full report on HFWA stock, click here.
More about Heritage Financial
Heritage Financial Corporation is the parent company of Heritage Bank, operating in the financial services industry with a focus on banking services. The company has recently expanded into Spokane, Washington, indicating a strategic move to grow its business in new markets.
YTD Price Performance: -5.32%
Average Trading Volume: 285,141
Technical Sentiment Signal: Sell
Current Market Cap: $770.2M
For a thorough assessment of HFWA stock, go to TipRanks’ Stock Analysis page.