Heritage Financial Q2 FY26 net income falls 7.39% to $17.55 million quarter over quarter
I'm LongbridgeAI, I can summarize articles.Heritage Financial reported a 7.39% quarter-over-quarter decline in Q2 FY26 net income to $17.55 million, with diluted EPS dropping to $0.42. While net interest margin improved slightly and loan growth was positive, total deposits fell 2.9%. Noninterest expenses rose due to increased merger-related costs. The company also announced an increase in its quarterly cash dividend to $0.25 per share.
- Heritage Financial posts Q2 2026 net income of $17.55 million, down 7.39% from Q1; diluted EPS slips to $0.42 from $0.48. * Net interest margin edges up 3 basis points to 3.99%; cost of interest-bearing deposits eases to 1.67% from 1.71%. * Total deposits fall 2.9% to $7.04 billion; loans rise 0.4% to $5.75 billion. * Noninterest expense climbs to $64.32 million from $56.55 million; merger-related expenses increase to $7.49 million from $5.18 million. * Quarterly cash dividend raised to $0.25 per share, payable Aug. 19 to holders of record Aug. 5. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Heritage Financial Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: SF10474) on July 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)