Heritage Financial: Q3 Earnings Snapshot

OLYMPIA, Wash. (AP) _ Heritage Financial Corp. (HFWA) on Thursday reported third-quarter profit of $21 million. On a per-share basis, the Olympia, ...

October 25, 2022
3:04 AM

OLYMPIA, Wash. (AP) _ Heritage Financial Corp. (HFWA) on Thursday reported third-quarter profit of $21 million. On a per-share basis, the Olympia, Washington-based company said it had net income of 59 cents. The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share. The bank holding company posted revenue of $68.6 million in the period. Its adjusted revenue was $66.7 million, also exceeding Street forecasts.

Heather Knight