HFWA logo

HERITAGE FINANCIAL CORP

HFWANASDAQ
πŸ† #1994 by market capEarnings Oct 22US Equity
$29.53β–² $0.12 (+0.41%)
Market closed Β· at close
1hβ€”
24hβ–² 0.4%
7dβ–Ό 1.6%
14dβ–Ό 1.0%
30dβ–Ό 1.0%
1yβ–² 25.7%
🏦Market Cap
$1.21B
Small Cap
πŸ“ˆRevenue Growth (YoY)
+30.9%
High Growth
πŸ“ŠGross Margin
β€”
πŸ’΅FCF Margin
15.4%
Healthy
βš–οΈP/S Ratio
2.3x
Cheap
Otter Score
45
Weak

Trading Snapshot

Day Range
$29.35 – $29.73
52-Week Range
$21.32 – $31.25
Volume
$2.62B
Avg Volume
$3.48B
Shares Outstanding
40.9M
Next Earnings
Oct 12, 2026

Fundamentals Snapshot

Annual Revenue
$336M
Last Q Revenue
$62M
P/E Ratio
16.5
P/S Ratio
2.3x
EPS (TTM)
$2.04
Dividend Yield
2.72%

Why Investors Own HFWA

  • βœ“High-growth profile β€” revenue up +7.7% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 29% gross margin and 6% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

Financial Trends

Revenue (TTM)
$336Mβ–² +3.4% YoY
Gross Margin (TTM)
29.3%β–² +1.5% YoY
Operating Income (TTM)
$60Mβ–² +3.4% YoY
Free Cash Flow (TTM)
$20Mβ–² +3.4% YoY

About HERITAGE FINANCIAL CORP

Heritage Financial Corporation operates as the parent company for Heritage Bank, providing a comprehensive range of financial services to individuals and small to mid-sized businesses throughout the United States. The company's deposit offerings include various checking accounts (both interest and non-interest bearing), money market accounts, savings accounts, and certificates of deposit. Its extensive lending portfolio encompasses commercial and industrial financing, real estate loans for both owner-occupied and investment properties, residential mortgages for single to four-family dwellings, and funding for construction and land development projects. Additionally, it extends consumer loans, lines of credit, equipment financing, and commercial business loans to a wide array of sectors such as real estate, leasing, healthcare, hospitality, retail, and construction. Heritage Financial also originates loans backed by the U.S. Small Business Administration and delivers trust services along with professional financial guidance. As of January 27, 2022, the corporation managed 49 banking locations situated across Washington and Oregon. Established in 1927 and headquartered in Olympia, Washington, the company adopted its current name in 1998, having previously operated as Heritage Financial Corporation, M.H.C.

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Otter Score Breakdown

β“˜
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
Overall Score
Weak
45/100

Analyst Price Target

β“˜
Average Target
$30.81
β–² +4.3% Upside
High Target$37.50
Low Target$23.16
Based on 22 analysts

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