Q2 FY2026 EarningsQ2 FY26 results missed consensus on the top and bottom lines, despite benefiting from the Olympic Bancorp merger. Revenue was $84.13M vs. $86.30M expected (-2.51%), while diluted EPS of $0.42 fell 5.62% short of the $0.445 mean estimate. Operating profit (income before taxes) significantly missed expectations by 28.30% due to $7.5M in one-time merger-related expenses and higher data processing costs. Net Interest Margin (NIM) was a bright spot, matching the 3.99% consensus and expanding 48bps YoY due to acquired low-cost deposits and loan discount accretion.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Heritage Financial(HFWA) the Revenue is 84.34 M (+33.14%), Miss estimate;the EBIT is 20.02 M (-10.08%), Miss estimate;the EPS is 0.42 (+16.67%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.08B33.14%
0.09B36.23%
-0.00B3.09%
EBITMiss expectations
0.02B10.08%
0.03B29.79%
-0.01B39.87%
EPSMiss expectations
0.4216.67%
0.44523.61%
-0.02506.94%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf