Heritage Financial (HFWA) Expected to Release Earnings on Thursday

Heritage Financial (NASDAQ:HFWA) will likely be posting its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect the company to announce earnings of $0.4450 per share and revenue of $86.3010 million for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 23, 2026 at 12:00 PM ET.

Heritage Financial (NASDAQ:HFWA) last announced its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.02. Heritage Financial had a net margin of 20.50% and a return on equity of 8.71%. The company had revenue of $77.92 million for the quarter, compared to analyst estimates of $80.31 million. On average, analysts expect Heritage Financial to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Heritage Financial Stock Down 0.5%

Shares of NASDAQ HFWA opened at $30.41 on Wednesday. Heritage Financial has a 52-week low of $21.32 and a 52-week high of $31.25. The firm has a fifty day moving average of $28.43 and a 200-day moving average of $27.06. The stock has a market capitalization of $1.25 billion, a PE ratio of 14.91 and a beta of 0.49. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.04.

Wall Street Analysts Forecast Growth

HFWA has been the topic of a number of research analyst reports. Wall Street Zen upgraded Heritage Financial from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Zacks Research upgraded Heritage Financial from a “strong sell” rating to a “hold” rating in a research note on Friday, June 26th. Piper Sandler cut their price objective on Heritage Financial from $34.00 to $32.00 and set an “overweight” rating on the stock in a report on Monday, April 27th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Heritage Financial in a report on Tuesday, July 7th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $30.50.

Insider Buying and Selling

In other Heritage Financial news, CFO Donald Hinson sold 3,842 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $28.37, for a total transaction of $108,997.54. Following the completion of the sale, the chief financial officer owned 41,241 shares in the company, valued at $1,170,007.17. This trade represents a 8.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.49% of the company’s stock.

Hedge Funds Weigh In On Heritage Financial

A number of institutional investors have recently made changes to their positions in the business. Barclays PLC grew its position in shares of Heritage Financial by 28.8% during the fourth quarter. Barclays PLC now owns 64,554 shares of the financial services provider’s stock worth $1,527,000 after buying an additional 14,429 shares in the last quarter. Federated Hermes Inc. raised its holdings in Heritage Financial by 14.3% in the second quarter. Federated Hermes Inc. now owns 57,442 shares of the financial services provider’s stock valued at $1,369,000 after acquiring an additional 7,199 shares in the last quarter. Jane Street Group LLC raised its holdings in Heritage Financial by 6.5% in the fourth quarter. Jane Street Group LLC now owns 49,868 shares of the financial services provider’s stock valued at $1,179,000 after acquiring an additional 3,024 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Heritage Financial by 9.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 43,248 shares of the financial services provider’s stock valued at $1,023,000 after acquiring an additional 3,638 shares during the last quarter. Finally, Fourthstone LLC bought a new position in Heritage Financial during the 4th quarter valued at $594,000. 78.30% of the stock is owned by institutional investors and hedge funds.

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.