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Heritage Financial Corporation (HFWA)

28.47 -0.44 (-1.52%)
At close: October 30 at 4:00:01 PM EDT
28.65 +0.18 (+0.63%)
Overnight: 8:03:12 PM EST
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Dividend
HFWA announced a cash dividend of $0.25 with an ex-date of Nov. 4, 2026
Chart Range Bar
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  • Previous Close 28.91
  • Open 29.16
  • Bid 20.76 x 200
  • Ask 36.48 x 200
  • Day's Range 28.43 - 29.36
  • 52 Week Range 21.32 - 31.25
  • Volume 315,259
  • Avg. Volume 356,667
  • Market Cap (intraday) 1.155B
  • Beta (5Y Monthly) 0.50
  • PE Ratio (TTM) 14.16
  • EPS (TTM) 2.01
  • Earnings Date (est.) Jan 21, 2027
  • Forward Dividend & Yield 1.00 (3.51%)
  • 1y Target Est 32.60
  • Motley Fool Rating Bullish

Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and its owners in the United States. It 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. The company also offers commercial business loans, including lines of credit, term equipment financing and term owner-occupied, and non-owner occupied CRE loans; real estate construction and land development loans, as well as residential construction loans, and commercial and multifamily construction loans; residential real estate loans; and originate loans that are guaranteed by the U.S. SBA, and secured and unsecured consumer loans and lines of credit. In addition, it provides investment advice, online banking, online statements, mobile banking with mobile deposit, Visa debit cards, and access. The company was formerly known as Heritage Financial Corporation, M.H.C. and changed its name to Heritage Financial Corporation in 1998. Heritage Financial Corporation was founded in 1927 and is headquartered in Olympia, Washington.

www.hf-wa.com

978

Full Time Employees

December 31

Fiscal Year Ends

Banks - Regional

Industry

Recent News

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Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

HFWA
23.58%
S&P 500 (^GSPC)
10.73%

1-Year Return

HFWA
31.59%
S&P 500 (^GSPC)
11.11%

3-Year Return

HFWA
96.18%
S&P 500 (^GSPC)
81.91%

5-Year Return

HFWA
39.72%
S&P 500 (^GSPC)
64.59%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 86.51M
Earnings 18.72M
Profit Margin 21.64%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
20M
40M
60M
80M
25.0%
30.0%

Analyst Insights

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Analyst Price Targets

31.00
32.60 Average
28.47 Current
34.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 7/28/2026
Analyst Stephens & Co.
Rating Action Maintains
Rating Equal-Weight
Price Action Raises
Price Target 30 -> 32

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    24.56%

  • Return on Assets (ttm)

    1.00%

  • Return on Equity (ttm)

    7.79%

  • Revenue (ttm)

    315.4M

  • Net Income Avi to Common (ttm)

    77.45M

  • Diluted EPS (ttm)

    2.01

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    187.07M

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    --

Company Insights

Research Reports

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