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Heritage Financial FY26 Q1 net income falls to $18.9 million; net interest margin widens to 3.96%

PUBT·04/23/2026 12:03:36
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Heritage Financial FY26 Q1 net income falls to $18.9 million; net interest margin widens to 3.96%
  • Heritage Financial posted Q1 2026 net income of $18.9 million, down 14.8% from Q4 2025; diluted EPS fell to $0.48 from $0.65.
  • Net interest margin widened to 3.96%, up 24 basis points from Q4 2025.
  • Total assets climbed to $8.5 billion, up from $7.0 billion at Dec. 31, 2025; loans receivable rose to $5.7 billion from $4.8 billion.
  • Completed acquisition of Olympic Bancorp on Jan. 31, 2026; system conversion remains on track for end of Q3 2026, with additional cost savings expected after conversion.
  • Board declared quarterly cash dividend of $0.24 per share, payable May 20 to shareholders of record May 6.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Heritage Financial Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: SF41440) on April 23, 2026, and is solely responsible for the information contained therein.