Heritage Financial (HFWA) Raises Quarterly Dividend 5.9% to $0.18; 2.3% Yield

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Heritage Financial (HFWA) Misses Q4 EPS by 3c

January 24, 2019 8:06 AM EST

Heritage Financial (NASDAQ: HFWA) reported Q4 EPS of $0.47, $0.03 worse than the analyst estimate of $0.50. Revenue for the quarter came in at $54.87 million versus the consensus estimate of $59.35 million.

Brian L. Vance, Chief Executive Officer of Heritage, commented, "We are pleased with our overall growth in 2018. We achieved some important milestones during the year including surpassing the $5.0 billion mark in total assets with the acquisitions of Puget Sound Bancorp, Inc. and Premier Commercial Bancorp. It is significant to note that our year-over-year asset growth was 29.3%.

"As the year... More