HERITAGE FINANCIAL CORP /WA/

HFWA

HERITAGE FINANCIAL CORP /WA/

HFWA

Insider Sentiment (TTM):

Last Purchase:2025-11-20Last Sale:2026-06-09Shares Purchased (TTM):19,106Shares Sold (TTM):12,926

Institutional Sentiment:

As of:2026-03-31Institutional Shares Owned:32,217,865Shares Outstanding:38,683,375Institutional Ownership Pct.:83.29%

Earnings Market Reaction:

Filing Date:2026-05-08Price on Filing Date:N/APrevious Close:N/A% Change:N/A

Companies in Savings Institutions, Not Federally Chartered

FLG BBT NBBK SMBC TCBX HBCP

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Financial Statements

10‑Q10‑K

Values in Millions ($)	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30
Assets
Cash And Due From Banks	98	53	74	91	89	59	78	55	53	56	62	73
Interest Bearing Deposits In Banks	170	181	171	163	160	58	98	58	137	169	159	35
Cash And Cash Equivalents At Carrying Value	268	233	245	254	249	117	176	114	190	225	221	108
Debt Securities Available For Sale Excluding Accru…	1,001	608	631	656	716	764	853	931	997	1,134	1,148	1,277
Debt Securities Held To Maturity Excluding Accrued…	668	674	682	690	698	703	719	727	734	739	747	754
Debt Securities	-	-	-	-	-	-	-	-	-	1,874	1,894	2,031
Loans Receivable Held For Sale Net Not Part Of Dis…	-	-	-	-	-	-	-	-	-	-	0	1
Debt Securities Available For Sale And Held To Mat…	1,669	1,282	1,313	1,346	1,414	1,468	-	-	-	1,874	-	-
Financing Receivable Excluding Accrued Interest Be…	5,722	4,783	4,769	4,775	4,765	4,802	4,679	4,533	4,428	4,336	4,267	4,251
Financing Receivable Allowance For Credit Loss Exc…	-61	-53	-54	-53	-52	-52	-51	-51	-50	-48	-47	-46
Financing Receivable Excluding Accrued Interest Af…	5,662	4,731	4,715	4,722	4,713	4,750	4,628	4,481	4,378	4,288	4,220	4,205
Property Plant And Equipment Net	101	75	70	71	71	72	73	73	74	75	76	79
Federal Home Loan Bank Stock	6	5	10	16	16	22	17	22	4	4	8	8
Bank Owned Life Insurance	145	106	105	104	113	112	127	126	126	126	124	123
Interest Receivable	24	19	19	19	20	19	20	20	20	20	19	19
Prepaid Expense And Other Assets	293	274	290	294	291	303	296	319	323	319	342	294
Finite Lived Intangible Assets Net	50	2	2	3	3	3	4	4	4	5	5	6
Goodwill	279	241	241	241	241	241	241	241	241	241	241	241
Assets	8,498	6,967	7,012	7,071	7,130	7,106	7,153	7,060	7,091	7,175	7,151	7,115
Noninterest Bearing Deposit Liabilities	2,066	1,598	1,618	1,584	1,622	1,655	1,682	1,599	1,637	1,716	-	-
Interest Bearing Deposit Liabilities	5,182	4,323	4,240	4,200	4,223	4,030	4,026	3,916	3,895	3,884	-	-
Liabilities And Stockhold…
Deposits	7,249	5,920	5,857	5,784	5,845	5,685	5,708	5,516	5,532	5,600	5,635	5,596
Other Short Term Borrowings	20	20	138	263	264	383	382	500	500	500	450	450
Junior Subordinated Notes	22	22	22	22	22	22	22	22	22	22	22	22
Securities Sold Under Agreements To Repurchase	-	-	-	-	-	-	-	-	-	0	23	38
Accounts Payable And Other Accrued Liabilities	92	83	90	113	116	153	166	172	190	200	207	190
Liabilities	7,383	6,046	6,108	6,182	6,248	6,243	6,279	6,209	6,244	6,322	6,337	6,296
Stockholders Equity
Preferred Stock Value	0	0	0	0	0	0	0	0	0	0	0	0
Common Stock Value	716	531	530	529	532	532	535	541	545	550	549	550
Retained Earnings Accumulated Deficit	432	422	408	397	393	387	383	380	374	376	378	367
Accumulated Other Comprehensive Income Loss Net Of…	-33	-31	-33	-37	-43	-55	-44	-71	-71	-72	-113	-97
Stockholders Equity	1,116	922	904	888	882	864	875	851	848	853	814	820
Liabilities And Stockholders Equity	8,498	6,967	7,012	7,071	7,130	7,106	7,153	7,060	7,091	7,175	7,151	7,115
Fair Value Inputs Level2	-	-	-	-	-	-	-	-	-	-	-	-20
Other Real Estate And Foreclosed Assets	1	-	-	-	-	-	-	-	-	-	-	-
Debt Securities Available For Sale Amortized Cost …	1,043	648	674	704	772	836	909	1,022	1,088	1,228	1,293	1,402
Held To Maturity Securities Fair Value	617	625	628	630	633	623	662	642	649	662	636	665
Preferred Stock No Par Value	-	-	-	-	-	-	-	-	-	-	-	0
Preferred Stock Shares Authorized	3	3	3	3	3	3	3	3	3	3	3	3
Preferred Stock Value Outstanding	-	-	-	-	-	-	-	-	-	-	-	0
Common Stock No Par Value	-	-	-	-	-	-	-	-	-	-	-	0
Preferred Stock Shares Issued	0	0	0	0	0	0	0	0	0	0	0	-
Preferred Stock Shares Outstanding	0	0	0	0	0	0	0	0	0	0	0	-
Common Stock Shares Authorized	50	50	50	50	50	50	50	50	50	50	50	50
Common Stock Shares Issued	41	34	34	34	34	34	34	34	35	35	35	35
Shares Outstanding	41	34	34	34	34	34	34	34	35	35	35	35

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Earnings Market Reaction

10‑Q10‑K

Fiscal Year	Q1 1 Month	Q1 2 Month	Q1 3 Month	Q2 1 Month	Q2 2 Month	Q2 3 Month	Q3 1 Month	Q3 2 Month	Q3 3 Month	Q4 1 Month	Q4 2 Month	Q4 3 Month
2026	-0.98%	7.27%	10.07%	-	-	-	-	-	-	-	-	-
2025	1.12%	3.11%	1.38%	8.67%	10.49%	2.80%	8.52%	10.83%	20.49%	-6.51%	4.09%	-0.57%
2024	-3.15%	-3.69%	23.50%	8.92%	1.91%	6.53%	-3.04%	-10.89%	-9.64%	-4.54%	-12.28%	-2.94%
2023	-	-	-	-10.03%	-16.14%	-11.96%	13.90%	29.24%	24.35%	0.27%	-0.44%	5.83%
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Performance and Valuation Metrics

Metrics	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30
Leverage & Debt
Interest Coverage TTM	-0.65	-0.65	-0.68	-0.72	-0.39	-0.04	0.48	1.59	1.73	2.23	3.25	4.80
Per Share Metrics
Diluted EPS TTM	1.86	1.96	1.66	1.44	1.49	1.24	1.08	1.27	1.34	1.75	2.22	2.30
Free Cash Flow Per Share TTM	2.07	2.52	2.45	2.41	1.97	1.77	2.07	2.17	2.65	2.83	2.84	2.84
Dividend Per Share TTM	0.84	0.96	0.95	0.94	0.94	0.92	0.92	0.91	0.89	0.88	0.87	0.86
Margin Metrics
Gross Profit Margin TTM	-606.71%	-648.28%	-698.03%	-756.55%	-782.16%	-789.22%	-941.46%	-855.19%	-765.95%	-632.99%	-214.84%	-96.72%
Operating Profit Margin TTM	684.37%	654.75%	584.67%	517.94%	536.52%	463.08%	379.62%	454.83%	495.18%	664.92%	709.17%	747.60%
Net Profit Margin TTM	585.37%	562.53%	483.10%	427.00%	448.23%	383.32%	335.47%	393.78%	422.70%	563.15%	587.54%	616.18%
Growth Metrics
Net Revenue Growth (1Y)	8.06%	6.38%	5.79%	2.86%	3.07%	2.91%	-15.73%	-14.13%	-14.48%	-81.41%	-91.57%	-93.69%
Net Income Growth (1Y)	41.13%	56.11%	52.34%	11.54%	9.30%	-29.95%	-51.88%	-45.13%	-43.03%	-24.57%	-24.99%	-22.03%
EPS Growth (1Y)	24.08%	58.27%	53.99%	13.44%	11.91%	-28.82%	-50.90%	-44.41%	-42.56%	-24.40%	-24.81%	-21.91%
Valuation Metrics
P/E TTM	13.74	11.69	13.95	15.76	15.31	18.40	18.57	12.99	13.09	10.93	6.50	6.16
P/B TTM	0.89	0.86	0.88	0.88	0.89	0.92	0.80	0.68	0.73	0.79	0.62	0.61
P/S TTM	80.42	65.78	67.37	67.31	68.64	70.53	62.30	51.15	55.35	61.55	38.22	37.96
Market Cap	997.00M	789.64M	798.05M	779.96M	787.44M	795.98M	697.57M	576.21M	616.00M	674.94M	507.77M	498.01M
Enterprise Value	751.28M	578.90M	574.84M	548.06M	560.91M	700.94M	543.99M	484.36M	448.19M	471.73M	308.96M	411.25M
Calculated Values
Free Cash Flow TTM	80.25M	85.66M	83.20M	82.05M	67.10M	61.02M	71.04M	75.14M	92.41M	99.15M	99.61M	99.71M
Net Debt	-245.72M	-210.74M	-223.21M	-231.89M	-226.53M	-95.04M	-153.59M	-91.85M	-167.81M	-203.21M	-198.81M	-86.76M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-06-09Sale

Owner: Hinson, Donald

Title: EVPand Chief Financial Officer

Shares: 3,842

Price/Share: $28.37

Value: $108,997.54

Shares Owned: 41,241

Relationship: Officer

Ownership: Direct

2026-05-01Sale

Owner: Robison, Sabrina C

Title: EVP Chief HR Officer

Shares: 716

Price/Share: $27.51

Value: $19,697.16

Shares Owned: 32,931

Relationship: Officer

Ownership: Direct

2026-02-11Sale

Owner: Chalfant, Tony

Title: EVP Chief Credit Officer

Shares: 4,668

Price/Share: $27.65

Value: $129,070.20

Shares Owned: 19,870

Relationship: Officer

Ownership: Direct

2026-02-03Sale

Owner: Rivera, Frederick B

Title: -

Shares: 1,800

Price/Share: $26.31

Value: $47,358.00

Shares Owned: 4,972

Relationship: Director

Ownership: Direct

2026-01-26Sale

Owner: Wilson, Kelli Ann

Title: EVP Chief Banking Officer

Shares: 1,900

Price/Share: $26.48

Value: $50,312.00

Shares Owned: 3,778

Relationship: Officer

Ownership: Direct

Filed Date	Owner	Relationship	Title	Ownership	Purchase/Sale	No. Shares	Price Per Share	Value	Shares Owned	Document Type
2026-06-09	Hinson, Donald	Officer	EVPand Chief Financial Officer	Direct	Sale	3,842	28.37	$108,997.54	41,241	4
2026-05-01	Robison, Sabrina C	Officer	EVP Chief HR Officer	Direct	Sale	716	27.51	$19,697.16	32,931	4
2026-02-11	Chalfant, Tony	Officer	EVP Chief Credit Officer	Direct	Sale	4,668	27.65	$129,070.20	19,870	4
2026-02-03	Rivera, Frederick B	Director	-	Direct	Sale	1,800	26.31	$47,358.00	4,972	4
2026-01-26	Wilson, Kelli Ann	Officer	EVP Chief Banking Officer	Direct	Sale	1,900	26.48	$50,312.00	3,778	4
2025-11-20	Mcdonald, Bryan	Officer	President	Indirect	Purchase	19,106	22.32	$426,445.92	31,363	4
2025-03-17	Hinson, Donald	Officer	EVPand Chief Financial Officer	Direct	Sale	3,420	23.59	$80,677.80	42,087	4
2025-03-17	Curran, Amy E.	Officer	EVP Director Commercial Lend	Direct	Sale	858	23.77	$20,394.66	24,353	4
2025-03-17	Deuel, Jeffrey J	Director,Officer	CEO	Direct	Sale	7,033	23.66	$166,400.78	70,906	4
2025-01-27	Rivera, Frederick B	Director	-	Direct	Sale	4,000	25.42	$101,680.00	3,844	4
2024-11-07	Chalfant, Tony	Officer	EVP Chief Credit Officer	Direct	Sale	2,975	26.50	$78,837.50	20,119	4
2023-12-14	Rivera, Frederick B	Director	-	Direct	Purchase	100	21.64	$2,164.00	4,821	4
2023-12-11	Rivera, Frederick B	Director	-	Direct	Purchase	600	20.23	$12,138.00	4,721	4
2023-09-13	Charneski, Brian	Director	-	Direct	Purchase	5,000	16.70	$83,500.00	36,540	4
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Institutional Ownership

No data available for chart

2026-03-31

83.29%

Inst. Shares: 32,217,865

Shares Outstanding: 38,683,375

2025-12-31

85.35%

Inst. Shares: 29,014,282

Shares Outstanding: 33,996,149

2025-09-30

84.25%

Inst. Shares: 28,607,226

Shares Outstanding: 33,953,810

2025-06-30

82.33%

Inst. Shares: 28,015,298

Shares Outstanding: 34,028,592

2025-03-31

81.52%

Inst. Shares: 27,726,732

Shares Outstanding: 34,012,490

Date	Institutional Shares Owned	Shares Outstanding	Institutional Ownership %
2026-03-31	32,217,865	38,683,375	83.29%
2025-12-31	29,014,282	33,996,149	85.35%
2025-09-30	28,607,226	33,953,810	84.25%
2025-06-30	28,015,298	34,028,592	82.33%
2025-03-31	27,726,732	34,012,490	81.52%
2024-12-31	27,023,001	34,465,323	78.41%
2024-09-30	26,969,756	34,322,069	78.58%
2024-06-30	26,284,019	34,609,900	75.94%
2024-03-31	26,809,072	34,825,471	76.98%
2023-12-31	25,985,865	35,022,247	74.20%
2023-09-30	26,034,474	35,022,676	74.34%
2023-06-30	26,407,697	35,058,155	75.33%
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HERITAGE FINANCIAL CORP /WA/ (HFWA) — SEC Financial Statements & Analysis

HERITAGE FINANCIAL CORP /WA/ (HFWA) is a savings institutions, not federally chartered company, incorporated in WA. HERITAGE FINANCIAL CORP /WA/ trades on Nasdaq as: HFWA. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), HERITAGE FINANCIAL CORP /WA/ reported a 8.06% year-over-year revenue growth, a Gross Profit Margin of -606.71% (TTM), a Price-to-Sales (P/S) ratio of 80.42x (TTM), a Price-to-Book (P/B) ratio of 0.89 (TTM), at a market cap of $997.00M. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y: 8.06%
Gross Profit Margin TTM: -606.71%
P/S TTM: 80.42x
P/B TTM: 0.89
Market Cap: $997.00M

Data as of 2026-03-31 · Source: SEC EDGAR

Frequently Asked Questions

What industry is HERITAGE FINANCIAL CORP /WA/ in?

HERITAGE FINANCIAL CORP /WA/ (HFWA) operates in the Savings Institutions, Not Federally Chartered industry.

What is HFWA's market cap?

HERITAGE FINANCIAL CORP /WA/ (HFWA) has a market capitalization of $997.00M as of 2026-03-31.

What is HFWA's P/E ratio?

HERITAGE FINANCIAL CORP /WA/ (HFWA)'s trailing twelve month P/E ratio is 13.74x as of 2026-03-31.

What exchange does HFWA trade on?

HERITAGE FINANCIAL CORP /WA/ (HFWA) trades on the Nasdaq.

Where is HERITAGE FINANCIAL CORP /WA/ incorporated?

HERITAGE FINANCIAL CORP /WA/ is incorporated in WA.

HERITAGE FINANCIAL CORP /WA/ (HFWA) — SEC Financial Statements & Analysis

Frequently Asked Questions

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