Heritage Financial: Q3 Earnings Snapshot
By AP News
Published - Oct 24, 2024, 08:09 AM ET
Last Updated - Dec 16, 2024, 06:01 PM EST
OLYMPIA, Wash. (AP) — OLYMPIA, Wash. (AP) — Heritage Financial Corp. (HFWA) on Thursday reported third-quarter net income of $11.4 million.
On a per-share basis, the Olympia, Washington-based company said it had net income of 33 cents.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share.
The bank holding company posted revenue of $81.7 million in the period. Its adjusted revenue was $54.8 million, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $58.2 million.
