Latest Heritage Financial Corp (HFWA) Headlines
Washington Banking Company Earns $14.5 Million, or $0.93 per Share, in 2013; Continuing Improvements in Asset Quality and Solid Loan Growth Contribute to Profits
GlobeNewswire - Thu Jan 30, 3:00PM CST
Washington Banking Company (Nasdaq:WBCO), the holding company for Whidbey Island Bank, today reported it earned $14.5 million, or $0.93 per diluted share in 2013, with a 38.2% decline in nonperforming assets and 4.3% growth in originated loans compared to a year ago. In 2012, Washington Banking earned $16.8 million, or $1.09 per diluted share, with strong contribution from its covered loan portfolio. In the fourth quarter of 2013, earnings were $2.5 million, or $0.16 per diluted share, compared to $4.5 million, or $0.29 per diluted share, in the third quarter of 2013 and $4.6 million, or $0.30 per diluted share in the fourth quarter of 2012.
Heritage Financial Announces Fourth Quarter And Annual Results And Declares Regular Cash Dividend
PR Newswire - Wed Jan 29, 4:05PM CST
HERITAGE FINANCIAL CORPORATION (NASDAQ GS: HFWA) Brian L. Vance, President and CEO of Heritage Financial Corporation ("Company" or "Heritage"), today reported that the Company had net income of $710,000 for the quarter ended December 31, 2013 compared to net income of $3.0 million for the quarter ended December 31, 2012 and $3.3 million for the linked-quarter ended September 30, 2013. Net income for the quarter ended December 31, 2013 was $0.04 per diluted common share compared to $0.20 per diluted common share for the quarter ended December 31, 2012 and for the linked-quarter ended September 30, 2013.
Heritage Bank Opens Branch in East Vancouver, Washington
PR Newswire - Mon Jan 13, 6:08PM CST
Heritage Financial Corporation ("Company") (Nasdaq: HFWA), announced that effective today its subsidiary, Heritage Bank opened a new branch located at 16400 SE 18th Street, Vancouver, Washington. The Vancouver East Branch is Heritage Bank's thirty-sixth full-service branch location.
Heritage Financial Announces Earnings Release Date and Conference Call
PR Newswire - Tue Jan 07, 3:30PM CST
Heritage Financial Corporation ("Company") (Nasdaq: HFWA) anticipates issuing its fourth quarter and year-end 2013 earnings release on Wednesday, January 29, 2014 after the market closes. The Company has scheduled a telephone conference call to discuss the fourth quarter and year-end 2013 earnings on Thursday, January 30, 2014 at 11:00 a.m. Pacific time (2:00 p.m. Eastern time).
Semi-Annual Changes to the NASDAQ OMX ABA Community Bank Index
GlobeNewswire - Mon Dec 16, 7:05AM CST
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the semi-annual evaluation of the NASDAQ OMX ABA Community Bank Index (Nasdaq:ABQI), which will become effective prior to market open on Monday, December 23, 2013.
3 Highly Rated Community Bank Takeout Targets from KBW
at The Street - Thu Nov 14, 10:48AM CST
Potential acquisition candidates have performed even better than the banking sector this year, but there may still some bargains left.
Washington Banking Co. Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Acquisition by Heritage Financial
Business Wire - Mon Nov 11, 11:38AM CST
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Washington Banking Company ("Washington") (NasdaqGS: WBCO) related to the proposed acquisition by Heritage Financial Corporation for shareholders. Under the terms of the proposed transaction valued at approximately $265.1 million, Washington shareholders will only receive $2.75 in cash and 0.89000 shares of Heritage stock for each share of Washington owned.
SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Washington Banking Company
Business Wire - Fri Nov 08, 5:35PM CST
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Washington Banking Company ("Washington" or the "Company") (Nasdaq: WBCO) relating to the proposed acquisition by Heritage Financial Corporation. ("Heritage").
INVESTOR ALERT - WASHINGTON BANKING CO.: The Law Offices of Vincent Wong Investigates the Sale of WASHINGTON BANKING CO. to Heritage Financial Corp. -- WBCO
Business Wire - Tue Nov 05, 10:03AM CST
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Washington Banking Co. (Nasdaq: WBCO) ("Washington Banking") regarding possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Heritage Financial Co. (Nasdaq: HFWA).
WASHINGTON BANKING COMPANY INVESTOR ALERT: FARUQI & FARUQI, LLP is Investigating the Sale of Washington Banking Company to Heritage Financial Corporation
PR Newswire - Mon Nov 04, 5:27PM CST
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Washington Banking Company ("Washington Banking" or the "Company") (WBCO) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Heritage Financial Corporation (HFWA) in a cash and stock deal valued at approximately $265.1 million. Under the terms of the proposed transaction, Washington Banking stockholders will receive 0.89000 shares of Heritage common stock and $2.75 in cash for each share of Washington Banking common stock they own.
INVESTOR ALERT - WASHINGTON BANKING CO.: The Law Offices of Vincent Wong Investigates the Sale of WASHINGTON BANKING CO. to Heritage Financial Corp.
Business Wire - Fri Nov 01, 2:49PM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Washington Banking Co. (Nasdaq:WBCO) ("Washington Banking") regarding possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Heritage Financial Corp. (Nasdaq:HFWA).
FARUQI & FARUQI, LLP Announces Investigation of the Board of Directors of Washington Banking Company for Possible Breaches of Fiduciary Duty In Connection with the Proposed Sale of the Company to Heritage Financial Corporation
Business Wire - Wed Oct 30, 2:54PM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Washington Banking Company ("Washington Banking" or the "Company") (WBCO) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Heritage Financial Corporation (HFWA) in a cash and stock deal valued at approximately $265.1 million. Under the terms of the proposed transaction, Washington Banking stockholders will receive 0.89000 shares of Heritage common stock and $2.75 in cash for each share of Washington Banking common stock they own.
Levi & Korsinsky, LLP Investigates Washington Banking Co. for Possible Breaches of Fiduciary Duty by Board of Washington Banking Co. In Connection With Sale Of Company to Heritage Financial Corp.
PR Newswire - Tue Oct 29, 3:00PM CDT
Levi & Korsinsky is investigating the Board of Directors of Washington Banking Co. ("Washington Banking" or the "Company") (Nasdaq: WBCO) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Heritage Financial Co. ("Heritage") (Nasdaq: HFWA).
Washington Banking Company to Merge with Heritage Financial Corporation for 0.89 Shares of Heritage and $2.75 in Cash Per Share
PR Newswire - Fri Oct 25, 7:36PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the merger of Washington Banking Company (NASDAQ: WBCO) with Heritage Financial Corporation (NASDAQ: HFWA).
LEVI & KORSINSKY, LLP Investigates WASHINGTON BANKING CO. for Possible Breaches of Fiduciary Duty by Board of Washington Banking Co. In Connection With Sale Of Company to Heritage Financial Corp.
Business Wire - Fri Oct 25, 6:12AM CDT
Levi & Korsinsky is investigating the Board of Directors of Washington Banking Co. ("Washington Banking" or the "Company") (Nasdaq:WBCO) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Heritage Financial Co. ("Heritage") (Nasdaq: HFWA).
Why Washington Banking's Shares Soared
Alex Planes, The Motley Fool - Motley Fool - Thu Oct 24, 5:13PM CDT
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of Washington Banking gained more than 20%...
Finkelstein Thompson LLP Announces Investigation of Washington Banking Co. Buyout
Business Wire - Thu Oct 24, 1:02PM CDT
The law firm of Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Washington Banking Co. (Nasdaq: WBCO) ("Washington Banking" or "the Company"), concerning the Company's proposed acquisition by Heritage Financial Corp. (Nasdaq: HFWA) ("Heritage"). Under the terms of the merger agreement, Washington Banking's shareholders will receive $2.75 in cash and 0.89 shares of Heritage common stock for each share of Washington Banking common stock they own. The stock offer represents a consideration of $16.89 based on Heritage's closing price of $15.89 on Wednesday, October 23, 2013.
INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Washington Banking Company Over the Proposed Sale of the Company to Heritage Financial Corporation
Business Wire - Thu Oct 24, 10:51AM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Washington Banking Company ("Washington Banking" or the "Company") (WBCO) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Heritage Financial Corporation (HFWA) in a cash and stock deal valued at approximately $265.1 million. Under the terms of the proposed transaction, Washington Banking stockholders will receive 0.89000 shares of Heritage common stock and $2.75 in cash for each share of Washington Banking common stock they own. The consideration value per share for Washington Banking was $16.89 based on the closing price of Heritage common stock of $15.89 on October 23, 2013.
Washington Banking Company Earns $14.5 Million, or $0.93 per Share, in 2013; Continuing Improvements in Asset Quality and Solid Loan Growth Contribute to Profits
GlobeNewswire - Thu Jan 30, 3:00PM CST
Washington Banking Company (Nasdaq:WBCO), the holding company for Whidbey Island Bank, today reported it earned $14.5 million, or $0.93 per diluted share in 2013, with a 38.2% decline in nonperforming assets and 4.3% growth in originated loans compared to a year ago. In 2012, Washington Banking earned $16.8 million, or $1.09 per diluted share, with strong contribution from its covered loan portfolio. In the fourth quarter of 2013, earnings were $2.5 million, or $0.16 per diluted share, compared to $4.5 million, or $0.29 per diluted share, in the third quarter of 2013 and $4.6 million, or $0.30 per diluted share in the fourth quarter of 2012.
Heritage Financial Announces Fourth Quarter And Annual Results And Declares Regular Cash Dividend
PR Newswire - Wed Jan 29, 4:05PM CST
HERITAGE FINANCIAL CORPORATION (NASDAQ GS: HFWA) Brian L. Vance, President and CEO of Heritage Financial Corporation ("Company" or "Heritage"), today reported that the Company had net income of $710,000 for the quarter ended December 31, 2013 compared to net income of $3.0 million for the quarter ended December 31, 2012 and $3.3 million for the linked-quarter ended September 30, 2013. Net income for the quarter ended December 31, 2013 was $0.04 per diluted common share compared to $0.20 per diluted common share for the quarter ended December 31, 2012 and for the linked-quarter ended September 30, 2013.
Heritage Bank Opens Branch in East Vancouver, Washington
PR Newswire - Mon Jan 13, 6:08PM CST
Heritage Financial Corporation ("Company") (Nasdaq: HFWA), announced that effective today its subsidiary, Heritage Bank opened a new branch located at 16400 SE 18th Street, Vancouver, Washington. The Vancouver East Branch is Heritage Bank's thirty-sixth full-service branch location.
Heritage Financial Announces Earnings Release Date and Conference Call
PR Newswire - Tue Jan 07, 3:30PM CST
Heritage Financial Corporation ("Company") (Nasdaq: HFWA) anticipates issuing its fourth quarter and year-end 2013 earnings release on Wednesday, January 29, 2014 after the market closes. The Company has scheduled a telephone conference call to discuss the fourth quarter and year-end 2013 earnings on Thursday, January 30, 2014 at 11:00 a.m. Pacific time (2:00 p.m. Eastern time).
Semi-Annual Changes to the NASDAQ OMX ABA Community Bank Index
GlobeNewswire - Mon Dec 16, 7:05AM CST
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the semi-annual evaluation of the NASDAQ OMX ABA Community Bank Index (Nasdaq:ABQI), which will become effective prior to market open on Monday, December 23, 2013.
3 Highly Rated Community Bank Takeout Targets from KBW
at The Street - Thu Nov 14, 10:48AM CST
Potential acquisition candidates have performed even better than the banking sector this year, but there may still some bargains left.
Washington Banking Co. Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Acquisition by Heritage Financial
Business Wire - Mon Nov 11, 11:38AM CST
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Washington Banking Company ("Washington") (NasdaqGS: WBCO) related to the proposed acquisition by Heritage Financial Corporation for shareholders. Under the terms of the proposed transaction valued at approximately $265.1 million, Washington shareholders will only receive $2.75 in cash and 0.89000 shares of Heritage stock for each share of Washington owned.
SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Washington Banking Company
Business Wire - Fri Nov 08, 5:35PM CST
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Washington Banking Company ("Washington" or the "Company") (Nasdaq: WBCO) relating to the proposed acquisition by Heritage Financial Corporation. ("Heritage").
INVESTOR ALERT - WASHINGTON BANKING CO.: The Law Offices of Vincent Wong Investigates the Sale of WASHINGTON BANKING CO. to Heritage Financial Corp. -- WBCO
Business Wire - Tue Nov 05, 10:03AM CST
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Washington Banking Co. (Nasdaq: WBCO) ("Washington Banking") regarding possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Heritage Financial Co. (Nasdaq: HFWA).
WASHINGTON BANKING COMPANY INVESTOR ALERT: FARUQI & FARUQI, LLP is Investigating the Sale of Washington Banking Company to Heritage Financial Corporation
PR Newswire - Mon Nov 04, 5:27PM CST
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Washington Banking Company ("Washington Banking" or the "Company") (WBCO) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Heritage Financial Corporation (HFWA) in a cash and stock deal valued at approximately $265.1 million. Under the terms of the proposed transaction, Washington Banking stockholders will receive 0.89000 shares of Heritage common stock and $2.75 in cash for each share of Washington Banking common stock they own.
INVESTOR ALERT - WASHINGTON BANKING CO.: The Law Offices of Vincent Wong Investigates the Sale of WASHINGTON BANKING CO. to Heritage Financial Corp.
Business Wire - Fri Nov 01, 2:49PM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Washington Banking Co. (Nasdaq:WBCO) ("Washington Banking") regarding possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Heritage Financial Corp. (Nasdaq:HFWA).
FARUQI & FARUQI, LLP Announces Investigation of the Board of Directors of Washington Banking Company for Possible Breaches of Fiduciary Duty In Connection with the Proposed Sale of the Company to Heritage Financial Corporation
Business Wire - Wed Oct 30, 2:54PM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Washington Banking Company ("Washington Banking" or the "Company") (WBCO) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Heritage Financial Corporation (HFWA) in a cash and stock deal valued at approximately $265.1 million. Under the terms of the proposed transaction, Washington Banking stockholders will receive 0.89000 shares of Heritage common stock and $2.75 in cash for each share of Washington Banking common stock they own.
Levi & Korsinsky, LLP Investigates Washington Banking Co. for Possible Breaches of Fiduciary Duty by Board of Washington Banking Co. In Connection With Sale Of Company to Heritage Financial Corp.
PR Newswire - Tue Oct 29, 3:00PM CDT
Levi & Korsinsky is investigating the Board of Directors of Washington Banking Co. ("Washington Banking" or the "Company") (Nasdaq: WBCO) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Heritage Financial Co. ("Heritage") (Nasdaq: HFWA).
Washington Banking Company to Merge with Heritage Financial Corporation for 0.89 Shares of Heritage and $2.75 in Cash Per Share
PR Newswire - Fri Oct 25, 7:36PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the merger of Washington Banking Company (NASDAQ: WBCO) with Heritage Financial Corporation (NASDAQ: HFWA).
LEVI & KORSINSKY, LLP Investigates WASHINGTON BANKING CO. for Possible Breaches of Fiduciary Duty by Board of Washington Banking Co. In Connection With Sale Of Company to Heritage Financial Corp.
Business Wire - Fri Oct 25, 6:12AM CDT
Levi & Korsinsky is investigating the Board of Directors of Washington Banking Co. ("Washington Banking" or the "Company") (Nasdaq:WBCO) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Heritage Financial Co. ("Heritage") (Nasdaq: HFWA).
Why Washington Banking's Shares Soared
Alex Planes, The Motley Fool - Motley Fool - Thu Oct 24, 5:13PM CDT
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of Washington Banking gained more than 20%...
Finkelstein Thompson LLP Announces Investigation of Washington Banking Co. Buyout
Business Wire - Thu Oct 24, 1:02PM CDT
The law firm of Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Washington Banking Co. (Nasdaq: WBCO) ("Washington Banking" or "the Company"), concerning the Company's proposed acquisition by Heritage Financial Corp. (Nasdaq: HFWA) ("Heritage"). Under the terms of the merger agreement, Washington Banking's shareholders will receive $2.75 in cash and 0.89 shares of Heritage common stock for each share of Washington Banking common stock they own. The stock offer represents a consideration of $16.89 based on Heritage's closing price of $15.89 on Wednesday, October 23, 2013.
INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Washington Banking Company Over the Proposed Sale of the Company to Heritage Financial Corporation
Business Wire - Thu Oct 24, 10:51AM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Washington Banking Company ("Washington Banking" or the "Company") (WBCO) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Heritage Financial Corporation (HFWA) in a cash and stock deal valued at approximately $265.1 million. Under the terms of the proposed transaction, Washington Banking stockholders will receive 0.89000 shares of Heritage common stock and $2.75 in cash for each share of Washington Banking common stock they own. The consideration value per share for Washington Banking was $16.89 based on the closing price of Heritage common stock of $15.89 on October 23, 2013.
