Heritage Financial Corporation

HFWA | Financial Services | NASDAQ
$27.59
-0.54 (-1.90%)

Key Metrics

Market Cap
$936.70M
P/E Ratio
14.07
EPS
$1.96
Beta
N/A
Dividend Yield
N/A
ROE
7.51%
Current Ratio
1.18

Company Information

Industry
Banks Regional

About Heritage Financial Corporation

Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States The company accepts various deposit products such as noninterest demand deposits interest bearing demand deposits money market accounts savings accounts personal checking accounts and certificates of deposit Its loan portfolio includes commercial and industrial loans owneroccupied and nonowner occupied commercial real estate loans onetofour family residential loans real estate construction and land development loans consumer loans commercial business loans lines of credit term equipment financing and term real estate loans as well as commercial business loans to a range of businesses in industries that include real estate and rental and leasing healthcare accommodation and food services retail trade and construction The company also originates loans that are guaranteed by the US Small Business Administration and offers trust services as well as objective advice As of January 27 2022 it had a network of 49 banking offices located in Washington and Oregon The company was formerly known as Heritage Financial Corporation MHC and changed its name to Heritage Financial Corporation in 1998 Heritage Financial Corporation was founded in 1927 and is headquartered in Olympia Washington

Recent Earnings Surprises

Date Actual EPS Estimated EPS Surprise
2026-01-22 $0.66 $0.57 +15.8%
2025-10-23 $0.56 $0.56 +0.0%
2025-07-24 $0.53 $0.50 +6.0%
2025-04-24 $0.49 $0.46 +6.5%

Financial Ratios (TTM)

Gross Margin
72.43%
Operating Margin
23.15%
Net Margin
20.10%
ROA
0.97%
Price to Book
1.04
Price to Sales
2.84