Heritage Financial: Q2 Earnings Snapshot

OLYMPIA, Wash. (AP) — OLYMPIA, Wash. (AP) — Heritage Financial Corp. (HFWA) on Thursday reported second-quarter profit of $16.8 million. On a per-s...

July 20, 2023
12:08 PM

OLYMPIA, Wash. (AP) — OLYMPIA, Wash. (AP) — Heritage Financial Corp. (HFWA) on Thursday reported second-quarter profit of $16.8 million. On a per-share basis, the Olympia, Washington-based company said it had net income of 48 cents. The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share. The bank holding company posted revenue of $77.4 million in the period. Its adjusted revenue was $63.