Heritage Financial (HFWA)

Nasdaq Market Closed

Heritage Financial Corp is a regional bank holding company based in the Pacific Northwest. Through its primary subsidiary, Heritage Bank, the company serves individuals, small businesses, professional firms, nonprofit organizations, and commercial borrowers across its local markets. Its business model is centered on relationship banking: gathering deposits from local customers and using that funding base to make loans in the communities it serves.

The company offers a broad range of deposit products, including checking accounts, savings accounts, money market accounts, certificates of deposit, and business treasury management services. On the lending side, Heritage Financial provides commercial and industrial loans, owner-occupied and investor commercial real estate loans, construction and land development financing, residential mortgage products, and consumer loans. This mix gives the bank exposure to both business activity and household financial demand in its regional footprint.

As a community-focused financial institution, Heritage Financial competes on local market knowledge, personal service, and long-term borrower relationships rather than the national scale of larger banks. Its performance is influenced by loan growth, credit quality, deposit costs, interest rate trends, and economic conditions in the Western United States. For investors, HFWA represents a traditional banking franchise with diversified lending categories, a locally sourced deposit base, and sensitivity to the broader interest rate and credit cycle.

26.69 USD
26.65 USD
−0.73 (-2.66%)
After-hours

Last updated

Market Cap
1.13B
P/E
15.57
P/FCF
14.08
P/S
3.19
Enterprise Value
1.07B
Sector
Financials
Industry
Savings Institutions, Not Federally Chartered
Address
201 FIFTH AVENUE S.W., OLYMPIA, WA, 98501
GlobeNewswire Inc.

Halper Sadeh LLC Encourages HFWA, BRNS, FITB Shareholders to Contact the Firm to Discuss Their Rights

20 Nov 2025, 22:00 PM
GlobeNewswire Inc.

Halper Sadeh LLC Encourages CMA, HFWA, COMP, HOUS Shareholders to Contact the Firm to Discuss Their Rights

19 Nov 2025, 20:48 PM
GlobeNewswire Inc.

Halper Sadeh LLC Encourages HFWA, FITB, AVDL, BRNS Shareholders to Contact the Firm to Discuss Their Rights

19 Nov 2025, 00:18 AM
Zacks Investment Research

Here's What Key Metrics Tell Us About Heritage Financial (HFWA) Q1 Earnings

25 Apr 2024, 15:00 PM
Seeking Alpha

13 Upcoming Dividend Increases

01 Feb 2024, 05:22 AM
Zacks Investment Research

The Zacks Analyst Blog Highlights Yum! Brands, Hexcel, Arthur J. Gallagher, United Rentals and Heritage Financial

31 Jan 2024, 14:16 PM
Zacks Investment Research

Watch These 5 Stocks That Have Hiked Dividend Recently

30 Jan 2024, 13:24 PM
Zacks Investment Research

Compared to Estimates, Heritage Financial (HFWA) Q4 Earnings: A Look at Key Metrics

25 Jan 2024, 15:30 PM
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Brookline Bancorp (BRKL) Tops Q4 Earnings and Revenue Estimates

24 Jan 2024, 22:30 PM
Zacks Investment Research

Heritage Financial (HFWA) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

23 Jan 2024, 12:06 PM
Zacks Investment Research

Heritage Financial (HFWA) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

19 Oct 2023, 15:00 PM
Zacks Investment Research

Heritage Financial (HFWA) Q3 Earnings Top Estimates

19 Oct 2023, 14:25 PM
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ServisFirst Bancshares (SFBS) Q3 Earnings Surpass Estimates

16 Oct 2023, 22:15 PM
Seeking Alpha

Dividend Champion, Contender, And Challenger Highlights: Week Of July 30

31 Jul 2023, 06:04 AM
Zacks Investment Research

Here's What Key Metrics Tell Us About Heritage Financial (HFWA) Q2 Earnings

20 Jul 2023, 14:30 PM
Zacks Investment Research

Heritage Financial (HFWA) Q2 Earnings and Revenues Lag Estimates

20 Jul 2023, 14:15 PM
Zacks Investment Research

Earnings Preview: Flushing Financial (FFIC) Q2 Earnings Expected to Decline

18 Jul 2023, 15:01 PM
Zacks Investment Research

Earnings Preview: Heritage Financial (HFWA) Q2 Earnings Expected to Decline

13 Jul 2023, 15:00 PM
MarketWatch

These banks have high exposure to loans secured by office properties — here's how their stocks have performed

16 May 2023, 14:24 PM
Zacks Investment Research

Heritage Financial (HFWA) Q1 Earnings and Revenues Lag Estimates

20 Apr 2023, 14:15 PM
Market Cap
1.13B
Enterprise Value
1.07B
P/E
15.57
P/B
1.01
P/S
3.19
EV / EBITDA
12.66
EV / Sales
3.03
EPS
1.76
Dividend Yield
2.89%
P/FCF
14.08
P/CF
12.62
Free Cash Flow
80.29M
ROE
6.5%
ROA
0.85%
Debt / Equity
0.04
Current Ratio
97.18
Quick Ratio
97.18
Cash
4.91
Avg Volume
260.46K
Fundamentals Snapshot Price
27.42

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 99.37M 86.85M 87.83M 80.02M 81.27M
Gross profit 77.92M 66.35M 65.7M 56.5M 57.59M
Operating income 22.4M 25.68M 22.31M 14.46M 16.16M
EBITDA 22.4M 25.68M 22.31M 14.46M 16.16M
Net income 18.95M 22.24M 19.17M 12.22M 13.91M
Basic EPS 0.49 0.66 0.56 0.36 0.41
Diluted EPS 0.48 0.65 0.55 0.36 0.4

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 8.5B 6.97B 7.01B 7.07B 7.13B
Total liabilities 7.38B 6.05B 6.11B 6.18B 6.25B
Total equity 1.12B 921.5M 904.06M 888.21M 881.52M
Cash & equivalents 98.26M 52.59M 74.03M 90.75M 89.07M
Current assets 1.94B 1.52B 1.57B 1.62B 1.68B
Current liabilities 20M 20M 138M 263.2M 264.4M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow 13.97M 27.99M 25.07M 22.51M 19.25M
Investing cash flow 90.85M 23.07M 26.65M 57.85M 79.18M
Financing cash flow -69.77M -63.46M -60.32M -74.93M 33.13M
Change in cash 35.05M -12.4M -8.61M 5.44M 131.56M
Kind Filing Date Link
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edgar index SCHEDULE 13G/A — HERITAGE FINANCIAL CORP /WA/ View Filing
edgar index 8-K — HERITAGE FINANCIAL CORP /WA/ View Filing
eight k text 8-K — 8-K View Filing
edgar index 8-K/A — HERITAGE FINANCIAL CORP /WA/ View Filing
edgar index SCHEDULE 13G/A — HERITAGE FINANCIAL CORP /WA/ View Filing
edgar index SCHEDULE 13G/A — HERITAGE FINANCIAL CORP /WA/ View Filing
edgar index 8-K — HERITAGE FINANCIAL CORP /WA/ View Filing
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