Heritage Financial Q1 FY26 net income rises 36.2% to $18.9 million
Heritage Financial Corporation HFWA | 0.00 |
- Heritage Financial posted net income of $18.9 million for three months ended March 31, 2026, up 36.2%.
- Net interest income climbed 28.9% to $69.2 million, lifting net interest margin 52 basis points to 3.96%.
- Noninterest income more than doubled to $8.7 million, while noninterest expense rose 36.7% to $56.6 million on $5.2 million of merger-related costs.
- Total assets increased 22% to $8.5 billion, with loans receivable up 19.6% to $5.72 billion and deposits up 22.4% to $7.25 billion.
- Olympic acquisition closed Jan. 31, 2026 with $185 million in stock issued, adding $1.39 billion of deposits and $954.3 million of loans.
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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-032682), on May 08, 2026, and is solely responsible for the information contained therein.
