OLYMPIA, Wash. (AP) _ Heritage Financial Corp. (HFWA) on Thursday reported fourth-quarter profit of $19.4 million.

The Olympia, Washington-based company said it had net income of 55 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.

The bank holding company posted revenue of $59.4 million in the period. Its adjusted revenue was $57.7 million, which also topped Street forecasts. Three analysts surveyed by Zacks expected $57.3 million.

For the year, the company reported profit of $98 million, or $2.73 per share. Revenue was reported as $240.4 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HFWA at https://www.zacks.com/ap/HFWA

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