Heritage Financial (HFWA) Projected to Announce Earnings on Thursday

20 Oct 2026, 02:10 by Renee Jackson · The Cerbat Gem

Heritage Financial (NASDAQ:HFWA – Get Free Report) will likely be posting its Q3 2026 results before the market opens on Thursday, October 22nd. Analysts expect the company to announce earnings of $0.5050 per share and revenue of $86.11 million for the quarter. Parties can check the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 22, 2026 at 12:00 PM ET.

Heritage Financial (NASDAQ:HFWA – Get Free Report) last announced its earnings results on Thursday, July 23rd. The financial services provider reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.13. Heritage Financial had a net margin of 20.44% and a return on equity of 8.78%. The business had revenue of $84.12 million during the quarter, compared to analyst estimates of $86.30 million. On average, analysts expect Heritage Financial to post $2.34 EPS for the current fiscal year and $2.63 EPS for the next fiscal year.

Heritage Financial Stock Down 0.3%

HFWA stock opened at $27.46 on Tuesday. The company has a market cap of $1.12 billion, a price-to-earnings ratio of 13.08 and a beta of 0.50. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.83 and a current ratio of 0.83. The business’s 50-day moving average is $28.41 and its two-hundred day moving average is $28.31. Heritage Financial has a fifty-two week low of $21.32 and a fifty-two week high of $31.25.

Heritage Financial Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Wednesday, August 5th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Wednesday, August 5th. This is an increase from Heritage Financial’s previous quarterly dividend of $0.24. Heritage Financial’s payout ratio is currently 47.62%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on HFWA shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Heritage Financial in a research note on Friday, October 2nd. DA Davidson boosted their target price on shares of Heritage Financial from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Capital One Financial set a $33.00 target price on shares of Heritage Financial in a research report on Tuesday, September 22nd. Zacks Research cut shares of Heritage Financial from a “hold” rating to a “strong sell” rating in a report on Wednesday, September 23rd. Finally, Brean Capital raised Heritage Financial from a “neutral” rating to a “buy” rating and set a $33.00 target price on the stock in a report on Tuesday, September 22nd. Four investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Heritage Financial currently has an average rating of “Hold” and a consensus price target of $32.67.

Check Out Our Latest Stock Analysis on HFWA

Insider Transactions at Heritage Financial

In other news, EVP Tony Chalfant sold 3,234 shares of the firm’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $29.92, for a total transaction of $96,761.28. Following the sale, the executive vice president directly owned 20,362 shares in the company, valued at $609,231.04. This trade represents a 13.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jeffrey Lyon sold 10,000 shares of the firm’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $30.00, for a total transaction of $300,000.00. Following the sale, the director owned 40,719 shares in the company, valued at $1,221,570. The trade was a 19.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 22,004 shares of company stock valued at $657,200. Company insiders own 1.49% of the company’s stock.

Heritage Financial Company Profile

(Get Free Report)

Heritage Financial Corporation is a bank holding company headquartered in Olympia, Washington. Through its principal subsidiary, Heritage Bank, the company provides a range of banking services to individuals, businesses and organizations in the Pacific Northwest.

Heritage Bank offers commercial and consumer deposit accounts, business and residential real estate lending, commercial loans, construction financing, consumer loans, treasury management and other financial services. The bank serves clients through a network of branches and digital banking channels, with operations concentrated in Washington and Oregon.