Latest Washington Banking Company (WBCO) Headlines
Whidbey Island Bank Opens Issaquah Branch February 10, 2014
GlobeNewswire - Tue Feb 04, 9:48PM CST
Whidbey Island Bank is pleased to announce the opening of its newest branch in Issaquah, Washington. Bob Ittes, Vice President/Commercial Team Leader will provide leadership for the Issaquah Branch and Commercial Team. As the founding President of Issaquah Bank and Issaquah Community Bank, Bob brings his vast business banking expertise back to the Issaquah market. Additionally, longtime Issaquah banker Charlotte Jacobs has been named the Retail Branch Manager.
Former Auditor Jailed and Fined for Fraud
Marketwire Canada - Thu Jan 30, 4:30PM CST
The Canada Revenue Agency (CRA) announced today that Jeffrey Granger was sentenced on January 29, 2014, in the Ontario Court of Justice in Newmarket, to three years in jail. Granger pleaded guilty on November 28, 2013, to fraud over $5,000, breach of trust and accepting secret commissions, for a total of three counts under the Criminal Code of Canada. Granger was sentenced to three years in jail for each count, to be served concurrently.
Washington Banking Declares Quarterly Dividend
GlobeNewswire - Thu Jan 30, 3:01PM CST
Washington Banking Company (Nasdaq:WBCO), the holding company for Whidbey Island Bank, announced today that the Board of Directors declared a cash dividend for the 63 consecutive quarter. The cash dividend of $0.08 per common share will be paid on February 26 to shareholders of record on February 10, 2014.
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.
Washington Banking Earnings In Retrospect: Up 20.6% in the Last 19 Days (WBCO)
Comtex SmarTrend(R) - Mon Nov 11, 12:25PM CST
19 days ago, on October 23rd, 2013, Washington Banking (NASDAQ:WBCO) reported its earnings. Analysts, on average, expected earnings of $0.26 per share on sales of $20.4 million. Washington Banking actually reported earnings of $0.29 per share on sales of $22.6 million, beating EPS estimates by $0.03 and beating revenue estimates by $2.3 million. Shares of Washington Banking have climbed from $14.25 to $17.19, representing a gain of 20.6% since the company reported earnings 19 days ago.
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).
Lifshitz Law Firm Announces Investigation of Blyth, Inc., Consolidated Graphics, Inc., General Cable Corporation and Washington Banking Company
PR Newswire - Wed Oct 30, 6:57PM CDT
Blyth, Inc.
SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Washington Banking Company - WBCO
PR Newswire - Wed Oct 30, 5:15PM CDT
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").
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 SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
Business Wire - Tue Oct 29, 11:43AM CDT
Rigrodsky & Long, P.A.:
Private Initiatives, Merger Agreements, and Financial Results - Research Report on JPMorgan Chase, Texas Capital, Evercore Partners, Altisource, and Washington Banking
PR Newswire - Tue Oct 29, 8:00AM CDT
Editor Note: For more information about this release, please scroll to bottom.
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Washington Banking Company Shareholders
Business Wire - Mon Oct 28, 11:10AM CDT
Kirby McInerney LLP is investigating potential claims against the Board of Directors of Washington Banking Company ("Washington" or the "Company") (NASDAQ:WBCO) concerning the proposed merger of the Company with Heritage Financial Corporation ("Heritage"). Under the terms of the proposed merger, Washington shareholders will receive $2.75 cash and 0.89000 shares of Heritage common stock for each share of Washington owned, valuing the transaction at approximately $265.1 million.
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).
Whidbey Island Bank Opens Issaquah Branch February 10, 2014
GlobeNewswire - Tue Feb 04, 9:48PM CST
Whidbey Island Bank is pleased to announce the opening of its newest branch in Issaquah, Washington. Bob Ittes, Vice President/Commercial Team Leader will provide leadership for the Issaquah Branch and Commercial Team. As the founding President of Issaquah Bank and Issaquah Community Bank, Bob brings his vast business banking expertise back to the Issaquah market. Additionally, longtime Issaquah banker Charlotte Jacobs has been named the Retail Branch Manager.
Former Auditor Jailed and Fined for Fraud
Marketwire Canada - Thu Jan 30, 4:30PM CST
The Canada Revenue Agency (CRA) announced today that Jeffrey Granger was sentenced on January 29, 2014, in the Ontario Court of Justice in Newmarket, to three years in jail. Granger pleaded guilty on November 28, 2013, to fraud over $5,000, breach of trust and accepting secret commissions, for a total of three counts under the Criminal Code of Canada. Granger was sentenced to three years in jail for each count, to be served concurrently.
Washington Banking Declares Quarterly Dividend
GlobeNewswire - Thu Jan 30, 3:01PM CST
Washington Banking Company (Nasdaq:WBCO), the holding company for Whidbey Island Bank, announced today that the Board of Directors declared a cash dividend for the 63 consecutive quarter. The cash dividend of $0.08 per common share will be paid on February 26 to shareholders of record on February 10, 2014.
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.
Washington Banking Earnings In Retrospect: Up 20.6% in the Last 19 Days (WBCO)
Comtex SmarTrend(R) - Mon Nov 11, 12:25PM CST
19 days ago, on October 23rd, 2013, Washington Banking (NASDAQ:WBCO) reported its earnings. Analysts, on average, expected earnings of $0.26 per share on sales of $20.4 million. Washington Banking actually reported earnings of $0.29 per share on sales of $22.6 million, beating EPS estimates by $0.03 and beating revenue estimates by $2.3 million. Shares of Washington Banking have climbed from $14.25 to $17.19, representing a gain of 20.6% since the company reported earnings 19 days ago.
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).
Lifshitz Law Firm Announces Investigation of Blyth, Inc., Consolidated Graphics, Inc., General Cable Corporation and Washington Banking Company
PR Newswire - Wed Oct 30, 6:57PM CDT
Blyth, Inc.
SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Washington Banking Company - WBCO
PR Newswire - Wed Oct 30, 5:15PM CDT
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").
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 SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
Business Wire - Tue Oct 29, 11:43AM CDT
Rigrodsky & Long, P.A.:
Private Initiatives, Merger Agreements, and Financial Results - Research Report on JPMorgan Chase, Texas Capital, Evercore Partners, Altisource, and Washington Banking
PR Newswire - Tue Oct 29, 8:00AM CDT
Editor Note: For more information about this release, please scroll to bottom.
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Washington Banking Company Shareholders
Business Wire - Mon Oct 28, 11:10AM CDT
Kirby McInerney LLP is investigating potential claims against the Board of Directors of Washington Banking Company ("Washington" or the "Company") (NASDAQ:WBCO) concerning the proposed merger of the Company with Heritage Financial Corporation ("Heritage"). Under the terms of the proposed merger, Washington shareholders will receive $2.75 cash and 0.89000 shares of Heritage common stock for each share of Washington owned, valuing the transaction at approximately $265.1 million.
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).
