Heritage Financial Q2 FY26 net income falls 7.39% to $17.55 million quarter over quarter - HFWA News | RalliesHeritage Financial Q2 FY26 net income falls 7.39% to $17.55 million quarter over quarter
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HFWA• Heritage Financial reports lower quarterly net income, higher margin
- Heritage Financial posts Q2 2026 net income of $17.55 million, down 7.39% from Q1; diluted EPS slips to $0.42 from $0.48.
- Net interest margin edges up 3 basis points to 3.99%; cost of interest-bearing deposits eases to 1.67% from 1.71%.
- Total deposits fall 2.9% to $7.04 billion; loans rise 0.4% to $5.75 billion.
- Noninterest expense climbs to $64.32 million from $56.55 million; merger-related expenses increase to $7.49 million from $5.18 million.
- Quarterly cash dividend raised to $0.25 per share, payable Aug. 19 to holders of record Aug. 5.
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