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Heritage Financial Reports Growth in Net Interest Income and Loan Balances for Q3

The Motley Fool +1 ·

HFWA
HFWA Heritage Financial Corp
$29.15 +2.21%
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  1. 1Heritage Financial recorded a $133 million increase in total loan balances for the third quarter.
  2. 2Heritage Financial recorded a $148 million increase in total deposits for the third quarter.
  3. 3The board approved a new share repurchase program to buy back up to 5% of total outstanding shares in the third quarter.

So what's the key point?

Heritage Financial saw increases in both loans and deposits during the third quarter. The company decided to buy back its own shares, which is good news for shareholders.

Source The Motley Fool +1 · View original ↗

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