Heritage Financial Reports Q2 Earnings with Improved Net Interest Margin and Merger Integration Progress
Heritage Financial (NASDAQ:HFWA) reported a net interest margin of 3.99% in the second quarter, driven by higher investment yields and lower deposit costs. The company noted strong loan production but limited balance growth due to elevated payoffs. Management expects continued merger-related expenses until late September.
Tickers: $HFWA
Topics: credit quality merger integration net interest margin