Heritage Financial (HFWA) Expected to Announce Quarterly Earnings on Thursday

Heritage Financial (NASDAQ:HFWA) is projected to post its Q4 2025 results before the market opens on Thursday, January 22nd. Analysts expect Heritage Financial to post earnings of $0.57 per share and revenue of $65.9450 million for the quarter. Investors are encouraged to explore the company’s upcoming Q4 2025 earning overview page for the latest details on the call scheduled for Thursday, January 22, 2026 at 1:00 PM ET.

Heritage Financial (NASDAQ:HFWA) last released its quarterly earnings data on Thursday, October 23rd. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.56. The firm had revenue of $65.70 million during the quarter, compared to analyst estimates of $65.25 million. Heritage Financial had a return on equity of 8.21% and a net margin of 17.27%. On average, analysts expect Heritage Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Heritage Financial Stock Up 2.3%

Shares of NASDAQ HFWA opened at $24.41 on Thursday. Heritage Financial has a 52-week low of $19.84 and a 52-week high of $26.92. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.84 and a current ratio of 0.84. The business has a fifty day moving average of $23.90 and a two-hundred day moving average of $23.92. The stock has a market cap of $828.96 million, a PE ratio of 14.79 and a beta of 0.52.

Heritage Financial Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 19th. Investors of record on Wednesday, November 5th were issued a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Wednesday, November 5th. Heritage Financial’s dividend payout ratio (DPR) is currently 58.18%.

Insider Activity

In related news, President Bryan Mcdonald purchased 19,106 shares of the firm’s stock in a transaction dated Thursday, November 20th. The shares were acquired at an average cost of $22.32 per share, with a total value of $426,445.92. Following the completion of the purchase, the president directly owned 31,363 shares of the company’s stock, valued at $700,022.16. This trade represents a 155.88% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC boosted its position in Heritage Financial by 27,871.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,958 shares of the financial services provider’s stock valued at $47,000 after buying an additional 1,951 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of Heritage Financial by 99.1% during the second quarter. Tower Research Capital LLC TRC now owns 2,875 shares of the financial services provider’s stock valued at $69,000 after acquiring an additional 1,431 shares during the period. BNP Paribas Financial Markets boosted its holdings in Heritage Financial by 117.1% in the third quarter. BNP Paribas Financial Markets now owns 8,457 shares of the financial services provider’s stock valued at $205,000 after acquiring an additional 4,561 shares during the last quarter. Verition Fund Management LLC acquired a new stake in Heritage Financial in the third quarter worth about $210,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in Heritage Financial by 35.2% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,991 shares of the financial services provider’s stock worth $266,000 after purchasing an additional 2,862 shares during the period. Institutional investors own 78.30% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on HFWA. Wall Street Zen upgraded shares of Heritage Financial from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of Heritage Financial in a research note on Wednesday, October 8th. Keefe, Bruyette & Woods boosted their target price on Heritage Financial from $26.00 to $28.00 and gave the stock a “market perform” rating in a report on Monday, September 29th. DA Davidson set a $29.00 price target on Heritage Financial in a research report on Monday, September 29th. Finally, Zacks Research cut Heritage Financial from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 25th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $29.33.

About Heritage Financial

Heritage Financial Corporation (NASDAQ:HFWA) is a bank holding company headquartered in Spokane, Washington. Through its primary subsidiary, Heritage Bank, the company provides a comprehensive range of banking and financial services to both individual and commercial clients. Heritage Bank’s offerings encompass deposit products, lending solutions, treasury and cash management services, mortgage banking, and wealth management, positioning the organization as a full-service community bank.

The company’s lending portfolio includes commercial real estate loans, agricultural loans, small business administration (SBA) loans, construction and development financing, and a variety of consumer mortgage products.