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Heritage Financial Corporation

Data quality: 100%
HFWA
NASDAQ Financial Services Banks - Regional
$25.28
▲ $0.59 (2.39%)
Mkt Cap: 859.45M
Day Range
$25.05 $25.82
52-Week Range
$19.84 $28.98
Volume
384,252
50D / 200D Avg
$26.22 / $24.41
Prev Close
$24.69

Price History

Financial Trends

Peer Comparison

vs Financial Services sector median (854 peers)

Metric Stock Sector Median
P/E 12.7 10.3
P/B 0.9 1.1
ROE % 7.6 11.7
Net Margin % 20.1 16.8
Rev Growth 5Y % 8.0 11.7
D/E 0.1 0.5

Key Takeaways

Revenue grew 7.95% annually over 5 years — modest growth
Earnings grew 56.11% over the past year
Net margin of 20.10% shows strong profitability
Debt/Equity of 0.05 — conservative balance sheet
Generating 85.66M in free cash flow
P/E of 12.73 — trading at a low valuation

Growth

Revenue Growth (5Y)
7.95%
Revenue (1Y)5.92%
Earnings (1Y)56.11%
FCF Growth (3Y)-7.05%

Quality

Return on Equity
7.57%
ROIC6.05%
Net Margin20.10%
Op. Margin23.15%

Safety

Debt / Equity
0.05
Current Ratio1.18
Interest Coverage0.87

Valuation

P/E Ratio
12.73
P/B Ratio0.93
EV/EBITDA10.92
Dividend Yield0.04%

All Fundamental Metrics

Growth
Revenue Growth (1Y) 5.92% Revenue Growth (3Y) 5.28%
Earnings Growth (1Y) 56.11% Earnings Growth (3Y) 4.57%
Revenue Growth (5Y) 7.95% Earnings Growth (5Y) -8.90%
Profitability
Revenue (TTM) 335.97M Net Income (TTM) 67.53M
ROE 7.57% ROA 0.97%
Gross Margin 72.43% Operating Margin 23.15%
Net Margin 20.10% Free Cash Flow (TTM) 85.66M
ROIC 6.05% FCF Growth (3Y) -7.05%
Safety
Debt / Equity 0.05 Current Ratio 1.18
Interest Coverage 0.87 Dividend Yield 0.04%
Valuation
P/E Ratio 12.73 P/B Ratio 0.93
P/S Ratio 2.56 PEG Ratio 0.21
EV/EBITDA 10.92 Dividend Yield 0.04%
Market Cap 859.45M Enterprise Value 849.22M

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 335.97M 317.19M 303.13M 257.05M 247.45M
Net Income 67.53M 43.26M 61.76M 81.88M 98.04M
EPS (Diluted) 1.96 1.24 1.75 2.31 2.73
Gross Profit 243.36M 210.56M 239.54M 250.40M 269.78M
Operating Income 77.79M 52.26M 72.92M 99.44M 120.51M

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 6.97B 7.11B 7.17B 6.98B 7.43B
Total Liabilities 6.05B 6.24B 6.32B 6.18B 6.58B
Shareholders' Equity 921.50M 863.53M 853.26M 797.89M 854.43M
Total Debt 42.35M 405.06M 521.77M 68.07M 72.02M
Cash & Equivalents 52.59M 117.10M 224.97M 103.59M 1.72B
Current Assets 5.41B 900.98M 1.38B 1.75B 2.82B
Current Liabilities 4.58B 5.68B 5.60B 6.16B 6.56B

Strategy Scores

This stock passed the criteria for 2 strategies

Score = fit strength (0–100)
Rank = position among all matches
#885 of 1024
25
#779 of 820
12

Recent Activity

Entered Cash Flow Compounder
Mar 24, 2026
Entered Deep Value Investing (Seth Klarman)
Mar 24, 2026