Heritage Financial: Q2 Earnings Snapshot

OLYMPIA, Wash. (AP) _ Heritage Financial Corp. (HFWA) on Thursday reported second-quarter net income of $18.6 million. On a per-share basis, the Ol...

July 24, 2022
5:02 AM

OLYMPIA, Wash. (AP) _ Heritage Financial Corp. (HFWA) on Thursday reported second-quarter net income of $18.6 million. On a per-share basis, the Olympia, Washington-based company said it had profit of 52 cents. The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share. The bank holding company posted revenue of $58.7 million in the period. Its adjusted revenue was $57.1 million, also exceeding Street forecasts.