Heritage Financial (HFWA) Tops Q4 EPS by 20c

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Heritage Financial Announces Fourth Quarter And Annual 2020 Results And Declares Regular Cash Dividend

January 28, 2021 8:00 AM EST

OLYMPIA, Wash., Jan. 28, 2021 /PRNewswire/ -- Heritage Financial Corporation (NASDAQ GS: HFWA) (the "Company" or "Heritage"), the parent company of Heritage Bank ("Bank"), today reported that the Company had net income of $23.9 million for the quarter ended December 31, 2020 compared to $16.6 million for the linked-quarter ended September 30, 2020 and $17.1 million for the quarter ended December 31, 2019. Diluted earnings per share for the quarter ended December 31, 2020 were $0.66 compared to $0.46 for the linked-quarter ended September 30, 2020 and $0.47 for the quarter ended December 31, 2019.

Jeffrey J. Deuel, President and Chief Executive Officer of Heritage, commented, "We are... More