HFWA - Earnings announcements

First Quarter 2026 HighlightsNet income was $18.9 million, or $0.48 per diluted share, compared to $22.2 million, or $0.65 per diluted share for the fourth quarter of 2025.Excluding merger-related costs, net income was $0.59 per adjusted diluted share(1), compared to $0.66 per adjusted diluted share(1) in the fourth quarter of 2025.Net interest margin increased to 3.96%, an increase of 24 basis points from 3.72% for the fourth quarter of 2025.Yield on loans increased to 5.73%, an increase of 19 basis points from 5.54% for the fourth quarter of 2025.Cost of interest bearing deposits decreased to 1.71%, from 1.83% for the fourth quarter of 2025.Declared a regular cash dividend of $0.24 per sha

OLYMPIA, Wash., March 25, 2026 /PRNewswire/ -- Heritage Financial Corporation (NASDAQ:HFWA) (the "Company" or "Heritage") anticipates issuing its first quarter earnings release on Thursday, April 23, 2026 before the market opens. The Company has scheduled a conference call to discuss the first quarter earnings on Thursday, April 23, 2026 at 10:00 a.m. Pacific time (1:00 p.m. Eastern time). There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PINs. It is recommended you join 10 minutes prior to the start time. Register for the call with the below link:https://reg

Fourth Quarter 2025 Highlights Net income was $22.2 million, or $0.65 per diluted share, compared to $19.2 million, or $0.55 per diluted share, for the third quarter of 2025.Return on average assets increased to 1.27%, from 1.09% for the third quarter of 2025.Net interest income increased $1.0 million, or 1.7% (6.8% annualized), from the third quarter of 2025.Net interest margin increased to 3.72%, an increase of 8 basis points from 3.64% for the third quarter of 2025.Deposits increased $62.7 million, or 1.1% (4.2% annualized), from the third quarter of 2025.Cost of interest bearing deposits decreased to 1.83%, from 1.89% for the third quarter of 2025.Declared a regular cash dividend of $0.2

OLYMPIA, Wash., Jan. 6, 2026 /PRNewswire/ -- Heritage Financial Corporation (NASDAQ:HFWA) (the "Company" or "Heritage") anticipates issuing its fourth quarter earnings release on Thursday, January 22, 2026 before the market opens. The Company has scheduled a conference call to discuss the fourth quarter earnings on Thursday, January 22, 2026 at 10:00 a.m. Pacific time (1:00 p.m. Eastern time). There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PINs. It is recommended you join 10 minutes prior to the start time. Register for the call with the below link: https

Third Quarter 2025 Highlights Net income was $19.2 million, or $0.55 per diluted share, compared to $12.2 million, or $0.36 per diluted share, for the second quarter of 2025.Deposits increased $73.1 million, or 1.3% (5.0% annualized), with noninterest demand deposits increasing 2.1% (8.4% annualized), from the second quarter of 2025.Net interest income increased $2.4 million, or 4.3% (17.2% annualized) from the second quarter of 2025.Net interest margin increased to 3.64%, an increase of 13 basis points from 3.51% for the second quarter of 2025.Yield on loans increased to 5.53%, from 5.50% for the second quarter of 2025.Cost of interest bearing deposits decreased to 1.89%, from 1.94% for the

OLYMPIA, Wash., Oct. 2, 2025 /PRNewswire/ -- Heritage Financial Corporation (NASDAQ:HFWA) (the "Company" or "Heritage") anticipates issuing its third quarter earnings release on Thursday, October 23, 2025 before the market opens. The Company has scheduled a conference call to discuss the third quarter earnings on Thursday, October 23, 2025 at 10:00 a.m. Pacific time (1:00 p.m. Eastern time). There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PINs. It is recommended you join 10 minutes prior to the start time. Register for the call with the below link: https:/

Strategic Expansion for Heritage Bank in the Puget Sound Region OLYMPIA, Wash. and PORT ORCHARD, Wash., Sept. 25, 2025 /PRNewswire/ -- Heritage Financial Corporation ("Heritage"), the holding company for Heritage Bank, (NASDAQ: HFWA) and Olympic Bancorp, Inc. ("Olympic"), the holding company for Kitsap Bank, jointly announced today the signing of a definitive agreement under which Heritage will acquire Olympic in an all-stock transaction. Kitsap Bank, established in 1908, is a privately owned community bank headquartered in Port Orchard with 17 banking offices and $1.7 billion

Second Quarter 2025 Highlights Net income was $12.2 million, or $0.36 per diluted share, compared to $13.9 million, or $0.40 per diluted share, for the first quarter of 2025.Results included a pre-tax loss on sale of securities of $6.9 million resulting in a negative impact of $0.15 per diluted share.Net interest margin increased to 3.51%, from 3.44% for the first quarter of 2025.Yield on loans increased to 5.50%, from 5.45% for the first quarter of 2025.Cost of interest bearing deposits increased to 1.94%, from 1.92% for the first quarter of 2025.Declared a regular cash dividend of $0.24 per share on July 23, 2025.OLYMPIA, Wash., July 24, 2025 /PRNewswire/ -- Heritage Financial Corporation

OLYMPIA, Wash., June 26, 2025 /PRNewswire/ -- Heritage Financial Corporation (NASDAQ:HFWA) (the "Company" or "Heritage") anticipates issuing its second quarter earnings release on Thursday, July 24, 2025 before the market opens. The Company has scheduled a conference call to discuss the second quarter earnings on Thursday, July 24, 2025 at 10:00 a.m. Pacific time (1:00 p.m. Eastern time). There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PINs. It is recommended you join 10 minutes prior to the start time. Register for the call with the below link: https://ww

First Quarter 2025 Highlights Net income was $13.9 million, or $0.40 per diluted share, compared to $11.9 million, or $0.34 per diluted share, for the fourth quarter of 2024. Results included a pre-tax loss on sale of securities of $3.9 million resulting in a negative impact of $0.09 per diluted share, which is the same impact as for the fourth quarter of 2024.Net interest margin increased to 3.44%, from 3.36% for the fourth quarter of 2024.Deposits increased $160.7 million, or 2.8% (11.4% annualized).Cost of interest bearing deposits decreased to 1.92%, from 1.98% for the fourth quarter of 2024.Expanded into Spokane, Washington with the hiring of three experienced commercial bankers. Declar

OLYMPIA, Wash., March 27, 2025 /PRNewswire/ -- Heritage Financial Corporation (NASDAQ:HFWA) (the "Company" or "Heritage") anticipates issuing its first quarter earnings release on Thursday, April 24, 2025 before the market opens. The Company has scheduled a telephone conference call to discuss the first quarter earnings on Thursday, April 24, 2025 at 10:00 a.m. Pacific time (1:00 p.m. Eastern time). There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PINs. It is recommended you join 10 minutes prior to the start time. Register for the call with the below link:

Fourth Quarter 2024 Highlights Net income was $11.9 million, or $0.34 per diluted share, compared to $11.4 million, or $0.33 per diluted share, for the third quarter of 2024.Results included a pre-tax loss on sale of securities of $3.9 million and $2.9 million in total after-tax costs related to BOLI restructuring, resulting in an aggregate negative impact of $0.17 per diluted share.Loans receivable increased $122.6 million, or 2.6% (10.5% annualized).Net interest margin increased to 3.39%, from 3.33% for the third quarter of 2024.Cost of total deposits decreased to 1.39%, from 1.42% for the third quarter of 2024.Declared a regular cash dividend of $0.24 per share on January 22, 2025, an inc

OLYMPIA, Wash., Jan. 2, 2025 /PRNewswire/ -- Heritage Financial Corporation (NASDAQ:HFWA) (the "Company" or "Heritage") anticipates issuing its fourth quarter and year-end earnings release on Thursday, January 23, 2025 before the market opens. The Company has scheduled a telephone conference call to discuss the fourth quarter and year-end earnings on Thursday, January 23, 2025 at 10:00 a.m. Pacific time (1:00 p.m. Eastern time). There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PINs. It is recommended you join 10 minutes prior to the start time. Register for

Third Quarter 2024 Highlights Net income was $11.4 million, or $0.33 per diluted share, compared to $14.2 million, or $0.41 per diluted share, for the second quarter of 2024.Results include a pre-tax loss on sale of securities of $6.9 million, or $0.16 per diluted share on an after-tax basis.Loans receivable increased $146.9 million, or 3.2% (12.9% annualized).Deposits increased $192.8 million, or 3.5% (13.9% annualized).Non-interest bearing deposits increased $82.9 million, or 5.2% (20.6% annualized).Net interest margin was 3.33%, compared to 3.29% for the second quarter of 2024.Cost of total deposits was 1.42%, compared to 1.34% for the second quarter of 2024.Noninterest expense to average

OLYMPIA, Wash., Oct. 1, 2024 /PRNewswire/ -- Heritage Financial Corporation (NASDAQ:HFWA) (the "Company" or "Heritage") anticipates issuing its third quarter earnings release on Thursday, October 24, 2024 before the market opens. The Company has scheduled a telephone conference call to discuss the third quarter earnings on Thursday, October 24, 2024 at 10:00 a.m. Pacific time (1:00 p.m. Eastern time). There will be a live question-and-answer session following the presentation. Participants may register for the call using the link below to receive dial-in details and their own unique PINs. It is recommended you join 10 minutes prior to the start time. Register for the call with the below lin

Second Quarter 2024 Highlights Net income was $14.2 million, or $0.41 per diluted share, for the second quarter compared to $5.7 million, or $0.16 per diluted share, for the first quarter.The second quarter results include a loss on sale of securities of $1.9 million, or $0.04 per diluted share.Loans receivable increased $104.5 million, or 2.4% (9.5% annualized), during the second quarter.Net interest margin was 3.29% for the second quarter compared to 3.32% for the first quarter.Cost of total deposits was 1.34% for the second quarter compared to 1.19% for the first quarter.Noninterest expense to average total assets was 2.21% for the second quarter compared to 2.29% for the first quarter.De

OLYMPIA, Wash., July 3, 2024 /PRNewswire/ -- Heritage Financial Corporation ("Company" or "Heritage") (NASDAQ:HFWA) anticipates issuing its second quarter earnings release on Thursday, July 25, 2024 before the market opens. The Company has scheduled a telephone conference call to discuss the second quarter earnings on Thursday, July 25, 2024 at 10:00 a.m. Pacific time (1:00 p.m. Eastern time).  To access the conference call, call the numbers listed below: Live Conference Call (833) 470-1428 Access Code 281184 Replay of Conference Call (866) 813-9403 Access Code 638306 The conference call will be recorded and will be available following the live conference call for replay twenty-four hours a

Net income was $5.7 million, or $0.16 per diluted share, for the first quarter of 2024 compared to $6.2 million, or $0.18 per diluted share, for the fourth quarter of 2023.Significant items in the first quarter of 2024 results include a loss on sale of securities of $10.0 million, or $0.22 per diluted share, and costs relating to expense management measures of $1.1 million, or $0.02 per diluted share.Loans receivable increased $92.5 million, or 2.1% (8.4% annualized), during the first quarter of 2024.Net interest margin was 3.32% for the first quarter of 2024 compared to 3.41% for the fourth quarter of 2023.Cost of total deposits was 1.19% for the first quarter of 2024 compared to 1.01% for

OLYMPIA, Wash., April 2, 2024 /PRNewswire/ -- Heritage Financial Corporation ("Company" or "Heritage") (NASDAQ:HFWA) anticipates issuing its first quarter earnings release on Thursday, April 25, 2024 before the market opens. The Company has scheduled a telephone conference call to discuss the first quarter earnings on Thursday, April 25, 2024 at 10:00 a.m. Pacific time (1:00 p.m. Eastern time).  To access the conference call, call the numbers listed below: Live Conference Call                      (833) 470-1428 Access Code 070217 Replay of Conference Call              (866) 813-9403 Access Code 294191 The conference call will be recorded and will be available following the live conference

Net income was $6.2 million, or $0.18 per diluted share, for the fourth quarter of 2023 compared to $18.2 million, or $0.51 per diluted share, for the third quarter of 2023.Significant items in the fourth quarter of 2023 results include a loss on sale of securities totaling $10.0 million, or $0.22 per diluted share, and costs relating to expense management measures totaling $2.0 million, or $0.04 per diluted share.Book value per share increased to $24.44 at December 31, 2023, compared to $23.31 at September 30, 2023. Tangible book value per share increased to $17.40 at December 31, 2023, compared to $16.25 at September 30, 2023(1). Capital remains strong with a leverage ratio of 10.0% and a

OLYMPIA, Wash., Jan. 4, 2024 /PRNewswire/ -- Heritage Financial Corporation ("Company" or "Heritage") (NASDAQ:HFWA) anticipates issuing its fourth quarter and year-end earnings release on Thursday, January 25, 2024 before the market opens. The Company has scheduled a telephone conference call to discuss the fourth quarter and year-end earnings on Thursday, January 25, 2024 at 10:00 a.m. Pacific time (1:00 p.m. Eastern time).  To access the conference call, call the numbers listed below: Live Conference Call (833) 470-1428 Access Code 290327 Replay of Conference Call (866) 813-9403 Access Code 301843   The conference call will be recorded and will be available following the live conference c

OLYMPIA, Wash., Sept. 27, 2023 /PRNewswire/ -- Heritage Financial Corporation ("Company" or "Heritage") (NASDAQ:HFWA) anticipates issuing its third quarter earnings release on Thursday, October 19, 2023 before the market opens.  The Company has scheduled a telephone conference call to discuss the third quarter earnings on Thursday, October 19, 2023 at 10:00 a.m. Pacific time (1:00 p.m. Eastern time).  To access the conference call, call the numbers listed below: Live Conference Call (833) 470-1428Access Code 934719 Replay of Conference Call (866) 813-9403Access Code 930230   The conference call will be recorded and will be available following the live conference call for replay twenty-four

Net income was $16.8 million, or $0.48 per diluted share, for the second quarter of 2023 compared to $20.5 million, or $0.58 per diluted share, for the first quarter of 2023.Loans receivable increased $123.9 million, or 3.0% in the second quarter of 2023. Capital remains strong with a leverage ratio of 9.9% and a total capital ratio of 14.1% at June 30, 2023. The ratio of nonperforming assets to total assets at June 30, 2023 and March 31, 2023 was 0.07%.Net interest margin was 3.56% for the second quarter of 2023 compared to 3.91% for the first quarter of 2023.Cost of total deposits was 0.61% for the second quarter of 2023 compared to 0.31% for the first quarter of 2023.Total deposits decrea

OLYMPIA, Wash., June 28, 2023 /PRNewswire/ -- Heritage Financial Corporation ("Company" or "Heritage") (NASDAQ:HFWA) anticipates issuing its second quarter earnings release on Thursday, July 20, 2023 before the market opens. The Company has scheduled a telephone conference call to discuss the second quarter earnings on Thursday, July 20, 2023 at 10:00 a.m. Pacific time (1:00 p.m. Eastern time).  To access the conference call, call the numbers listed below: Live Conference Call (833) 470-1428 Access Code 536813 Replay of Conference Call (866) 813-9403 Access Code 925696 The conference call will be recorded and will be available following the live conference call for replay twenty-four hours a

Net income was $20.5 million, or $0.58 per diluted share, for the first quarter of 2023 compared to $22.5 million, or $0.64 per diluted share, for the fourth quarter of 2022 and $19.8 million, or $0.56 per diluted share, for the first quarter of 2022.Loans receivable increased $76.6 million, or 1.9% (7.7% annualized), in the first quarter of 2023. Capital remains strong with a leverage ratio of 9.9% and a total capital ratio of 14.1% at March 31, 2023. The ratio of nonperforming assets to total assets decreased to 0.07% at March 31, 2023 compared to 0.08% at December 31, 2022 and 0.22% at March 31, 2022.Net interest margin was 3.91% for the first quarter of 2023 compared to 3.98% for the fou

OLYMPIA, Wash., March 30, 2023 /PRNewswire/ -- Heritage Financial Corporation ("Company" or "Heritage") (NASDAQ:HFWA) anticipates issuing its first quarter earnings release on Thursday, April 20, 2023 before the market opens. The Company has scheduled a telephone conference call to discuss the first quarter earnings on Thursday, April 20, 2023 at 10:00 a.m. Pacific time (1:00 p.m. Eastern time).  To access the conference call, call the numbers listed below: Live Conference Call (833) 470-1428Access Code 343702 Replay of Conference Call (866) 813-9403Access Code 862416    The conference call will be recorded and will be available following the live conference call for replay twenty-four hours

Net income was $22.5 million, or $0.64 per diluted share, for the fourth quarter of 2022 compared to $21.0 million, or $0.59 per diluted share, for the third quarter of 2022 and $19.4 million, or $0.55 per diluted share, for the fourth quarter of 2021.Loans receivable increased $49.6 million, or 1.2% (4.9% annualized), in the fourth quarter of 2022.Loans receivable increased $235.2 million, or 6.2% for the year ended December 31, 2022. Excluding SBA PPP loan repayments of $144.4 million, loans receivable increased $379.6 million for the year ended December 31, 2022.Net interest income increased $3.8 million, or 6.4%, to $63.1 million for the fourth quarter of 2022 compared to $59.3 million f

OLYMPIA, Wash., Jan. 6, 2023 /PRNewswire/ -- Heritage Financial Corporation ("Company" or "Heritage") (NASDAQ:HFWA) anticipates issuing its fourth quarter and year-end earnings release on Thursday, January 26, 2023 before the market opens.  The Company has scheduled a telephone conference call to discuss the fourth quarter and year-end earnings on Thursday, January 26, 2023 at 10:00 a.m. Pacific time (1:00 p.m. Eastern time).  To access the conference call, call the numbers listed below: Live Conference Call                       (844) 200-6205                                                         Access Code 603267 Replay of Conference Call              (866) 813-9403                     

Net income was $21.0 million, or $0.59 per diluted share, for the third quarter of 2022 compared to $18.6 million, or $0.52 per diluted share, for the second quarter of 2022 and $20.6 million, or $0.58 per diluted share, for the third quarter of 2021.Loans receivable grew $127.2 million, or 3.3% (13.0% annualized), in the third quarter of 2022. Net interest income increased $9.2 million, or 18.5%, to $59.3 million for the third quarter of 2022 compared to $50.0 million for the second quarter of 2022.Net interest margin increased to 3.57% for the third quarter of 2022 from 3.04% for the second quarter of 2022 and 3.15% for the third quarter of 2021.Cost of total deposits was unchanged at 0.09

OLYMPIA, Wash., Oct. 6, 2022 /PRNewswire/ -- Heritage Financial Corporation ("Company" or "Heritage") (NASDAQ:HFWA) anticipates issuing its third quarter earnings release on Thursday, October 20, 2022 before the market opens. The Company has scheduled a telephone conference call to discuss the third quarter on Thursday, October 20, 2022 at 10:00 a.m. Pacific time (1:00 p.m. Eastern time).  To access the conference call, call the numbers listed below: Live Conference Call        (844) 200-6205Access Code 481365                                            Replay of Conference Call        (866) 813-9403Access Code 989637                                                        The conference call

Net income was $18.6 million, or $0.52 per diluted share, for the second quarter of 2022 compared to $19.8 million, or $0.56 per diluted share, for the first quarter of 2022 and $32.7 million, or $0.90 per diluted share, for the second quarter of 2021.Loans receivable grew $52.9 million, or 1.4% (5.6% annualized), in the second quarter of 2022; excluding SBA PPP loan repayments of $53.6 million, loans receivable grew $106.5 million, or 2.8% (11.2% annualized).Expanded our existing presence in the Portland-Vancouver MSA and gained an important entry into the Eugene, Oregon market through the hiring of four experienced banking teams, including commercial relationship managers, deposit relation

OLYMPIA, Wash., June 30, 2022 /PRNewswire/ -- Heritage Financial Corporation ("Company" or "Heritage") (NASDAQ:HFWA) anticipates issuing its second quarter earnings release on Thursday, July 21, 2022 before the market opens.  The Company has scheduled a telephone conference call to discuss the second quarter on Thursday, July 21, 2022 at 11:00 a.m. Pacific time (2:00 p.m. Eastern time).  To access the conference call, call the numbers listed below: Live Conference Call  (844) 200-6205 Access Code 476131 Replay of Conference Call  (866) 813-9403 Access Code 467910 The conference call will be recorded and will be available following the live conference call for replay twenty-four hours a day e

Net income was $19.8 million, or $0.56 per diluted share, for the first quarter of 2022 compared to $19.4 million, or $0.55 per diluted share, for the fourth quarter of 2021 and $25.3 million, or $0.70 per diluted share, for the first quarter of 2021.Reversal of provision for credit losses was $3.6 million for the first quarter of 2022 compared to $5.0 million for the fourth quarter of 2021 and $7.2 million for the first quarter of 2021.Loans receivable grew $5.5 million, or 0.1% (0.6% annualized), in the first quarter of 2022; excluding SBA PPP loan repayments of $80.9 million, loans receivable grew $86.4 million, or 2.4%(1) (9.5% annualized(1)).The ratio of nonperforming assets to total as

OLYMPIA, Wash., March 31, 2022 /PRNewswire/ -- Heritage Financial Corporation ("Company" or "Heritage") (NASDAQ:HFWA) anticipates issuing its first quarter earnings release on Thursday, April 21, 2022 before the market opens.  The Company has scheduled a telephone conference call to discuss the first quarter on Thursday, April 21, 2022 at 11:00 a.m. Pacific time (2:00 p.m. Eastern time).  To access the conference call, call the numbers listed below: Live Conference Call (844) 200-6205 Access Code 097736 Replay of Conference Call (866) 813-9403 Access Code 921221 The conference call will be recorded and will be available following the live conference call for replay twenty-four hours a day en

OLYMPIA, Wash., Jan. 27, 2022 /PRNewswire/ -- Heritage Financial Corporation (NASDAQ GS: HFWA) (the "Company" or "Heritage"), the parent company of Heritage Bank ("Bank"), today reported net income of $19.4 million for the fourth quarter of 2021 compared to $20.6 million for the third quarter of 2021 and $23.9 million for the fourth quarter of 2020. Diluted earnings per share for the fourth quarter of 2021 were $0.55 compared to $0.58 for the third quarter of 2021 and $0.66 for the fourth quarter of 2020. Net income for the year ended 2021 totaled $98.0 million, or $2.73 per diluted share, compared to $46.6 million, or $1.29 per diluted share for 2020. Jeffrey J. Deuel, President

OLYMPIA, Wash., Jan. 4, 2022 /PRNewswire/ -- Heritage Financial Corporation ("Company" or "Heritage") (NASDAQ:HFWA) anticipates issuing its fourth quarter and year-end earnings release on Thursday, January 27, 2022 before the market opens.  The Company has scheduled a telephone conference call to discuss the fourth quarter and year-end earnings on Thursday, January 27, 2022 at 11:00 a.m. Pacific time (2:00 p.m. Eastern time).  To access the conference call, call the numbers listed below: Live Conference Call              (844) 200-6205                                                Access Code 09084 Replay of Conference Call     (866) 813-9403                                               A

OLYMPIA, Wash., Oct. 21, 2021 /PRNewswire/ -- Heritage Financial Corporation (NASDAQ GS: HFWA) (the "Company" or "Heritage"), the parent company of Heritage Bank ("Bank"), today reported that the Company had net income of $20.6 million for the quarter ended September 30, 2021 compared to $32.7 million for the linked-quarter ended June 30, 2021 and $16.6 million for the quarter ended September 30, 2020. Diluted earnings per share for the quarter ended September 30, 2021 were $0.58 compared to $0.90 for the linked-quarter ended June 30, 2021 and $0.46 for the quarter ended September 30, 2020. Jeffrey J. Deuel, President and Chief Executive Officer of Heritage, commented, "Given the ongoing cha

OLYMPIA, Wash., Oct. 4, 2021 /PRNewswire/ -- Heritage Financial Corporation ("Company" or "Heritage") (NASDAQ:HFWA) anticipates issuing its third quarter earnings release on Thursday, October 21, 2021 before the market opens.  The Company has scheduled a telephone conference call to discuss the third quarter on Thursday, October 21, 2021 at 11:00 a.m. Pacific time (2:00 p.m. Eastern time).  To access the conference call, call the numbers listed below: Live Conference Call (844) 200-6205 Access Code 212793 Replay of Conference Call (866) 813-9403 Access Code 056393 The conference call will be recorded and will be available following the live conference call for replay twenty-four hours a day

OLYMPIA, Wash., July 22, 2021 /PRNewswire/ -- Heritage Financial Corporation (NASDAQ GS: HFWA) (the "Company" or "Heritage"), the parent company of Heritage Bank ("Bank"), today reported that the Company had net income of $32.7 million for the quarter ended June 30, 2021 compared to $25.3 million for the linked-quarter ended March 31, 2021 and a net loss of $6.1 million for the quarter ended June 30, 2020. Diluted earnings per share for the quarter ended June 30, 2021 were $0.90 compared to $0.70 for the linked-quarter ended March 31, 2021 and a loss per share of $0.17 for the quarter ended June 30, 2020. Jeffrey J. Deuel, President and Chief Executive Officer of Heritage, commented, "We are