Heritage Financial Stock Rising After Presentation on Wall Street
Monday, August 12th, 2013
You could attribute it to a presentation to institutional investors on Wall Street a couple of weeks ago.
Another possible answer might be an earnings report for the second quarter that reflected net income of $2.7 million. Another suspect is a 35 percent growth rate in the past year, not counting acquisitions.
Whatever the reason, Heritage Financial Corp. Inc., the holding company of HeritageBank of the South, has seen its stock climb from the $14 range to more than $19 in recent days.
Len Dorminey, CEO of Heritage Financial, believes it’s all those things and more.
