Heritage Financial (HFWA) reported $84.13 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 48.9%. EPS of $0.57 for the same period compares to $0.53 a year ago.
The reported revenue represents a surprise of -2.06% over the Zacks Consensus Estimate of $85.9 million. With the consensus EPS estimate being $0.54, the EPS surprise was +5.56%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Heritage Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Interest Margin: 4% versus 4% estimated by three analysts on average. Efficiency Ratio: 76.5% compared to the 68.7% average estimate based on three analysts. Total Nonperforming Assets: $16.27 million compared to the $17.58 million average estimate based on two analysts. Total Nonaccrual Loans: $15.51 million versus the two-analyst average estimate of $17.22 million. Average Balance - Total interest earning assets: $7.52 billion compared to the $7.7 billion average estimate based on two analysts. Net charge-offs (recoveries) on loans to average loans receivable, net: 0% versus 0.1% estimated by two analysts on average. Total Noninterest Income: $9.31 million versus $10.27 million estimated by three analysts on average. Net Interest Income: $74.82 million compared to the $75.63 million average estimate based on three analysts.View all Key Company Metrics for Heritage Financial here>>>
Shares of Heritage Financial have returned +4.1% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"
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Heritage Financial Corporation (HFWA): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).