HFWA

Heritage Financial Corporation
NASDAQFINANCIAL SERVICESBANKS - REGIONAL

Key Statistics

Market Cap
$1.15B
P/E Ratio
14.12
EPS
$2.01
Beta
0.51
52W High
$30.72
52W Low
$20.59
50-Day MA
$28.25
200-Day MA
$27.87
Dividend Yield
1.72%
Profit Margin
24.60%
Forward P/E
12.33
PEG Ratio
2.13

About Heritage Financial Corporation

Heritage Financial Corporation is the banking holding company for Heritage Bank providing various financial services to small and medium-sized businesses and individuals in the United States. The company is headquartered in Olympia, Washington.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$315.40M
Gross Profit (TTM)$315.40M
EBITDA—
Operating Margin31.00%
Return on Equity7.79%
Return on Assets1.00%
Revenue/Share (TTM)$8.17
Book Value$26.71
Price-to-Book1.07
Price-to-Sales (TTM)3.65
EV/Revenue4.14
EV/EBITDA—
Quarterly Earnings Growth (YoY)-16.50%
Quarterly Revenue Growth (YoY)31.80%
Shares Outstanding$40.58M
Float$39.94M
% Insiders1.41%
% Institutions83.64%

Historical Volatility

HV 10-Day
26.18%
HV 20-Day
24.36%
HV 30-Day
22.76%
HV 60-Day
19.02%
HV Rank
32.5%

Volatility is currently expanding

Analyst Ratings

Consensus ($32.60 target)
1
Strong Buy
2
Buy
3
Hold

Latest News

Pat Casey Named Chief Information Officer at Heritage Bank

OLYMPIA, Wash., Oct. 27, 2026 /PRNewswire/ -- Heritage Financial Corporation (Nasdaq: HFWA) (the "Company" or "Heritage"), the parent company of Heritage Bank (the "Bank"), announces that Pat Casey will become the Executive Vice President and Chief Information Officer ("CIO") of Heritage Bank and Heritage, effective November 2, 2026.

PRNewsWire10/27/2026Neutral
Heritage Financial Q3 Earnings Call Highlights

Heritage Financial NASDAQ: HFWA reported third-quarter operating trends marked by loan and deposit growth, expanding net interest margin and the completion of its Kitsap Bank systems conversion, while also disclosing higher non-accrual loans tied primarily to commercial and industrial relationships.

MarketBeat10/22/2026Positive
Heritage Financial (HFWA) Reports Q3 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for Heritage Financial (HFWA) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Zacks Investment Research10/22/2026Neutral
Heritage Financial (HFWA) Lags Q3 Earnings Estimates

Heritage Financial (HFWA) came out with quarterly earnings of $0.55 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.56 per share a year ago.

Zacks Investment Research10/22/2026Negative
Heritage Financial Q2 Earnings Call Highlights

Heritage Financial NASDAQ: HFWA executives said the company's second-quarter results reflected higher net interest margin, stable credit quality and continued merger-related expenses as it moves toward a late-September systems conversion.

MarketBeat7/23/2026Positive

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Data last updated: 11/7/2026