Heritage Financial (HFWA) Expected to Announce Earnings on Thursday

Heritage Financial (NASDAQ:HFWA) is expected to post its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect Heritage Financial to post earnings of $0.4450 per share and revenue of $86.3010 million for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 23, 2026 at 12:00 PM ET.

Heritage Financial (NASDAQ:HFWA) last announced its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.02. The company had revenue of $77.92 million for the quarter, compared to the consensus estimate of $80.31 million. Heritage Financial had a net margin of 20.50% and a return on equity of 8.71%. On average, analysts expect Heritage Financial to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Heritage Financial Stock Up 0.1%

Shares of HFWA stock opened at $30.56 on Tuesday. The company’s fifty day simple moving average is $28.36 and its two-hundred day simple moving average is $27.02. Heritage Financial has a 52 week low of $21.32 and a 52 week high of $31.25. The stock has a market cap of $1.26 billion, a P/E ratio of 14.98 and a beta of 0.49. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.04.

Heritage Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders of record on Wednesday, May 6th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Wednesday, May 6th. Heritage Financial’s payout ratio is 47.06%.

Analyst Ratings Changes

A number of equities research analysts recently commented on HFWA shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Heritage Financial in a research report on Tuesday, July 7th. Zacks Research upgraded Heritage Financial from a “strong sell” rating to a “hold” rating in a report on Friday, June 26th. Wall Street Zen raised Heritage Financial from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Piper Sandler decreased their price objective on Heritage Financial from $34.00 to $32.00 and set an “overweight” rating on the stock in a report on Monday, April 27th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $30.50.

Insider Activity

In other news, CFO Donald Hinson sold 3,842 shares of the company’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $28.37, for a total transaction of $108,997.54. Following the sale, the chief financial officer directly owned 41,241 shares in the company, valued at approximately $1,170,007.17. This represents a 8.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.49% of the company’s stock.

Institutional Investors Weigh In On Heritage Financial

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Heritage Financial by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,060 shares of the financial services provider’s stock worth $488,000 after acquiring an additional 881 shares during the last quarter. Millennium Management LLC boosted its stake in shares of Heritage Financial by 7.2% during the 3rd quarter. Millennium Management LLC now owns 15,700 shares of the financial services provider’s stock worth $380,000 after purchasing an additional 1,052 shares during the period. Tower Research Capital LLC TRC grew its holdings in Heritage Financial by 99.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,875 shares of the financial services provider’s stock valued at $69,000 after purchasing an additional 1,431 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Heritage Financial by 4.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 36,996 shares of the financial services provider’s stock valued at $895,000 after purchasing an additional 1,734 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in Heritage Financial by 27,871.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,958 shares of the financial services provider’s stock worth $47,000 after purchasing an additional 1,951 shares during the period. 78.30% of the stock is currently owned by hedge funds and other institutional investors.

About Heritage Financial

Heritage Financial Corporation (NASDAQ:HFWA) is a bank holding company headquartered in Spokane, Washington. Through its primary subsidiary, Heritage Bank, the company provides a comprehensive range of banking and financial services to both individual and commercial clients. Heritage Bank’s offerings encompass deposit products, lending solutions, treasury and cash management services, mortgage banking, and wealth management, positioning the organization as a full-service community bank.

The company’s lending portfolio includes commercial real estate loans, agricultural loans, small business administration (SBA) loans, construction and development financing, and a variety of consumer mortgage products.