Heritage Financial (HFWA) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended September 2025, Heritage Financial (HFWA) reported revenue of $65.7 million, up 19.9% over the same period last year. EPS came in at $0.56, compared to $0.33 in the year-ago quarter.

The reported revenue represents a surprise of +0.97% over the Zacks Consensus Estimate of $65.07 million. With the consensus EPS estimate being $0.56, the company has not delivered EPS surprise.

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:

• Efficiency Ratio: 63.3% compared to the 63.6% average estimate based on three analysts.
• Net charge-offs (recoveries) on loans to average loans receivable, net: 0% compared to the 0.1% average estimate based on three analysts.
• Net Interest Margin: 3.6% versus the three-analyst average estimate of 3.6%.
• Total Nonperforming Assets: $20.95 million versus the two-analyst average estimate of $13.78 million.
• Total Nonaccrual Loans: $20.95 million compared to the $11.28 million average estimate based on two analysts.
• Average Balance - Total interest earning assets: $6.26 billion compared to the $6.33 billion average estimate based on two analysts.
• Total Noninterest Income: $8.33 million versus $8.11 million estimated by three analysts on average.
• Net Interest Income: $57.37 million compared to the $56.92 million average estimate based on three analysts.

View all Key Company Metrics for Heritage Financial here>>>

Shares of Heritage Financial have returned -6.7% over the past month versus the Zacks S&P 500 composite's +0.2% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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