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    HFWA — Heritage Financial News Story

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    Brief: Heritage Financial Q2 EPS USD 0.36

    Picture of Heritage Financial logoHeritage Financial
    24/07/2025 13:00
    Overview

Heritage Financial Q2 net income $12.2 mln, down from Q, due to loss on sale of securities

Adjusted EPS beats estimates, reflecting stronger underlying performance

Net interest margin improved to 3.51%, up from 3.44% in Q1

Outlook

Heritage Financial to  consider investment in new production teams when opportunities arise

Result Drivers

STRATEGIC REPOSITIONING - Losses from securities sales as part of balance sheet repositioning impacted earnings, per CEO Bryan McDonald

NET INTEREST MARGIN - Improved to 3.51% due to higher yields on loans and securities

DEPOSIT BALANCES - Seasonal decline in deposits but overall increase since year-end 2024

Key Details


    MetricBeat/MissActualConsensus Estimate
    Q2 Adjusted EPSBeat$0.53$0.49 (6 Analysts)
    Q2 EPS$0.36
    Q2 Net Income$12.22 mln
    Q2 Net Interest Margin3.5%
    

Press Release: ID:nPn7lBltqa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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