Stock events for Heritage Financial Corp. (Washington) (HFWA)
Heritage Financial Corp. completed its acquisition of Olympic Bancorp, Inc. on January 31, 2026. The company reported first-quarter 2026 earnings with diluted EPS of $0.48, surpassing forecasts, though revenue fell short of expectations. A regular cash dividend of $0.24 per share was declared on April 22, 2026. Insider trading activity was reported on May 1, 2026, with Sabrina C. Robison selling shares. HFWA stock has seen a 25% gain over the past six months and a 16.1% surge year-to-date.
Demand Seasonality affecting Heritage Financial Corp. (Washington)’s stock price
Heritage Financial Corp. experiences seasonality in its deposit activity, with declines often observed in the first quarter and extending through the end of April, primarily attributed to tax payments. The bank offers seasonal lines of credit, particularly for agricultural clients, indicating that demand for certain loan products can fluctuate with seasonal business needs.
Overview of Heritage Financial Corp. (Washington)’s business
Heritage Financial Corp. operates as the bank holding company for Heritage Bank, offering financial services to small and medium-sized businesses. The bank provides deposit products like checking, savings, and money market accounts, as well as various loan types including commercial, residential, construction, and consumer loans. Heritage Bank also offers SBA loans, investment advice, online and mobile banking, and Visa debit cards, including seasonal lines of credit for agricultural businesses.
HFWA’s Geographic footprint
Heritage Bank has a branching network and loan production offices across Washington, Oregon, and Idaho, with its headquarters in Olympia, Washington.
HFWA Corporate Image Assessment
No specific information regarding Heritage Financial Corp.'s brand reputation, customer satisfaction, or significant controversies impacting its reputation in the past year was found in the search results.
Ownership
Major institutional owners of Heritage Financial Corp. include BlackRock, Inc., Jennison Associates Llc, Victory Capital Management Inc, Vanguard Group Inc, Dimensional Fund Advisors Lp, State Street Corp, Alliancebernstein L.p., Geode Capital Management, Llc, Basswood Capital Management, L.l.c., and Algebris (uk) Ltd, collectively holding approximately 78.3% of the stock. Donald V. Rhodes is the largest individual shareholder, owning 314,072 shares, representing 0.76% of the company.
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$26.55
