COMPANY SUMMARY
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.
Financial Summary
| Share Statistics |
HFWA |
Industry Median |
Percentile (All Stocks) |
| Market Cap (Mil) |
$1,186.1 |
$702.3 |
48% |
|
| Shares Out (Mil) |
41.5 |
15.3 |
43% |
|
| Institutional Ownership |
98.2% |
84.0% |
78% |
|
| Float (Mil) |
39.9 |
21.6 |
42% |
|
| Beta |
0.50 |
0.46 |
28% |
|
| Avg Daily Volume (000s) |
341 |
51 |
53% |
|
Price Change (52-week) |
30.2% |
93.2% |
76% |
|
| Growth |
HFWA |
Industry Median |
Percentile (All Stocks) |
| Sales (5yr) |
3.9% |
7.6% |
31% |
|
| Net Income (5yr) |
7.7% |
11.1% |
52% |
|
| EPS (5yr) |
8.7% |
10.0% |
45 |
|
| Dividends (5yr) |
3.7% |
3.7% |
78% |
|
| Cash Flow (5yr) |
(24.9%) |
(17.1%) |
26% |
|
| Estimates |
Qtrly |
Current Fiscal Year |
Next Fiscal Year |
| # of Estimates |
6 |
6 |
6 |
| Current EPS |
$0.622 |
$2.333 |
$2.618 |
| Month Ago EPS |
$0.617 |
$2.338 |
$2.635 |
| # Rev Up |
1 |
1 |
1 |
| # Rev Down |
0 |
0 |
0 |
| Three Months Ago EPS |
$0.618 |
$2.343 |
$2.650 |
| Year/Year Chg |
48.1% |
19.0% |
45.9% |
| Financials |
HFWA |
Industry Median |
Percentile (All Stocks) |
| Sales (TTM) (Mil) |
$295 |
$187 |
36% |
|
| Net Income (TTM) (Mil) |
$78 |
$53 |
58% |
|
| EPS (TTM) |
$2.110 |
$2.600 |
72% |
|
| Operating Cash Flow (TTM) (Mil) |
$90 |
$34 |
51% |
|
| Net Cash Flow (TTM) (Mil) |
($50) |
$2 |
20% |
|
| Long-Term Debt (Q1) (Mil) |
$23 |
$98 |
33% |
|
| Enterprise Value (Q1) (Mil) |
na |
$0 |
na |
|
| Valuation |
HFWA |
Industry Median |
Percentile (All Stocks) |
| P/B |
1.08 |
1.27 |
28% |
|
| P/E |
14.1 |
12.5 |
35% |
|
| Dividend Yield |
3.4% |
2.2% |
87% |
|
| PEG (5yr hist) |
1.6 |
1.1 |
63% |
|
| Ratios |
HFWA |
Industry Median |
Percentile (All Stocks) |
| Gross Margin |
na |
63.7% |
na |
|
| Net Margin |
24.6% |
29.4% |
83% |
|
| ROA |
1.0% |
1.1% |
46% |
|
| ROE |
7.8% |
11.4% |
50% |
|
| Liabilities to Assets |
86.8% |
89.7% |
81% |
|
| F-Score |
4 |
4 |
33% |
|
Passing Stock Screens
As of 11/2/2026, from a list of 60 stock screening strategies,
HFWA meetings the criteria of 1 screen:
Stock Screen
GURU STRATEGY
Graham--Defensive Investor (Utility) Screen
Factors: Yield, Value, Quality, Industry/Sector
Graham's approach leads to three separate screens that focus on the concept of intrinsic value, justified by a firm's financial strength.