Heritage Financial (HFWA) Declares $0.15 Quarterly Dividend; 1.9% Yield

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Heritage Financial Announces First Quarter 2018 Results And Declares Regular Cash Dividend

April 26, 2018 8:01 AM EDT

OLYMPIA, Wash., April 26, 2018 /PRNewswire/ -- Heritage Financial Corporation (NASDAQ GS: HFWA) (the "Company" or "Heritage"), the parent company of Heritage Bank, today reported that the Company had net income of $9.1 million for the quarter ended March 31, 2018 compared to $9.3 million for the quarter ended March 31, 2017 and $10.0 million for the linked-quarter ended December 31, 2017. Diluted earnings per common share for the quarter ended March 31, 2018 was $0.27 compared to $0.31 for the quarter ended March 31, 2017 and $0.33 for the linked-quarter ended December 31, 2017.

Brian L. Vance, President and CEO, commented, "During the first quarter, we closed the Puget... More