HERITAGE FINANCIAL CORP /WA/
HFWANasdaq
$30.52
↓ -2.3%Jul 17 close · end-of-day
Price
1Y↑ +26.3%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$1.2B
Enterprise Value
$925.3M
P/E
15.0
P/S
—
P/B
1.1
EV/EBITDA
—
PEG
—
FCF Yield
6.7%
Dividend Yield
3.1%
Revenue (TTM)
—
Net Income (TTM)
$72.6M
Free Cash Flow (TTM)
$80.2M
Gross Margin
—
Operating Margin
—
Net Margin
—
ROE
6.5%
ROIC
—
Debt / Equity
—
Net Cash
$268.1M
Return 1Y
+25.3%
Company profile
Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States. As of January 27, 2022, it had a network of 49 banking offices located in Washington and Oregon. The company originates loans that are guaranteed by the U.S. Small Business Administration.
- CEO
- Jeffrey J. Deuel
- Sector
- Finance, Insurance, And Real Estate
- Industry
- Banking
- Employees
- 830
- Headquarters
- Washington
- Website
- hf-wa.com
Management & directors
- Glasby WilliamEVP Chief Information Officer
- Chalfant TonyEVP Chief Credit Officer
- Curran Amy E.EVP Director Commercial Lend
- Hinson DonaldEVPand Chief Financial Officer
- Robison Sabrina CEVP Chief HR Officer
- Henning Thomas JEVP Chief Risk Officer
- Mcdonald BryanPresident
- Ray Matthew T.EVP Chief Lending Officer
- Wilson Kelli AnnEVP Chief Banking Officer
- Bley Nicholas MEVP Chief Operating Officer
Roles derived from SEC Form 4 filings.
Earnings
HFWA Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue——
Diluted EPS$0.48↑ +20.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — |
| Net income | $46.6M | $98.0M | $81.9M | $61.8M | $43.3M | $67.5M |
| Diluted EPS | $1.29 | $2.73 | $2.31 | $1.75 | $1.24 | $1.96 |
| Operating cash flow | $70.3M | $69.5M | $94.5M | $109.5M | $64.5M | $94.8M |
| Free cash flow | $63.3M | $66.5M | $90.4M | $99.1M | $61.0M | $85.7M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — |
| Net margin | — | — | — | — | — | — |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | — | — | — | — | — | — | — | — |
| Net income | $14.2M | $11.4M | $11.9M | $13.9M | $12.2M | $19.2M | $22.2M | $18.9M |
| Diluted EPS | $0.41 | $0.33 | $0.34 | $0.40 | $0.36 | $0.55 | $0.65 | $0.48 |
| Operating cash flow | $6.8M | $24.2M | $20.6M | $19.3M | $22.5M | $25.1M | $28.0M | $14.0M |
| Free cash flow | $6.0M | $23.2M | $19.8M | $18.1M | $20.9M | $24.4M | $22.3M | $12.7M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | — | — | — | — | — | — | — | — |
| Net margin | — | — | — | — | — | — | — | — |
Company news
Jun 25, 2026
Jun 9, 2026
May 10, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-17 | Glasby William· EVP Chief Information Officer | Tax withholding | 3,379 | $30.52 | $103,127.08 | filing |
| 2026-07-17 | Glasby William· EVP Chief Information Officer | Option exercise | 1,846 | $30.52 | $56,339.92 | filing |
| 2026-07-17 | Glasby William· EVP Chief Information Officer | Option exercise | 1,846 | $30.52 | $56,339.92 | filing |
| 2026-07-17 | Glasby William· EVP Chief Information Officer | Option exercise | 1,846 | $30.52 | $56,339.92 | filing |
| 2026-07-17 | Glasby William· EVP Chief Information Officer | Option exercise | 1,824 | $30.52 | $55,668.48 | filing |
| 2026-07-17 | Glasby William· EVP Chief Information Officer | Option exercise | 1,595 | $30.52 | $48,679.40 | filing |
| 2026-07-17 | Glasby William· EVP Chief Information Officer | Option exercise | 1,595 | $30.52 | $48,679.40 | filing |
| 2026-07-17 | Glasby William· EVP Chief Information Officer | Option exercise | 302 | $30.52 | $9,217.04 | filing |
| 2026-07-17 | Glasby William· EVP Chief Information Officer | Option exercise | 301 | $30.52 | $9,186.52 | filing |
| 2026-07-17 | Glasby William· EVP Chief Information Officer | Option exercise | 301 | $30.52 | $9,186.52 | filing |
| 2026-07-17 | Glasby William· EVP Chief Information Officer | Option exercise | 301 | $30.52 | $9,186.52 | filing |
| 2026-07-17 | Glasby William· EVP Chief Information Officer | Option exercise | 265 | $30.52 | $8,087.80 | filing |
| 2026-07-17 | Glasby William· EVP Chief Information Officer | Option exercise | 265 | $30.52 | $8,087.80 | filing |
| 2026-07-17 | Glasby William· EVP Chief Information Officer | Option exercise | 264 | $30.52 | $8,057.28 | filing |
| 2026-07-17 | Glasby William· EVP Chief Information Officer | Option exercise | 264 | $30.52 | $8,057.28 | filing |
| 2026-06-15 | Chalfant Tony· EVP Chief Credit Officer | Option exercise | 1,316 | $28.44 | $37,427.04 | filing |
| 2026-06-15 | Curran Amy E.· EVP Director Commercial Lend | Option exercise | 576 | $28.44 | $16,381.44 | filing |
| 2026-06-15 | Chalfant Tony· EVP Chief Credit Officer | Tax withholding | 135 | $28.44 | $3,839.40 | filing |
| 2026-06-15 | Curran Amy E.· EVP Director Commercial Lend | Tax withholding | 71 | $28.44 | $2,019.24 | filing |
| 2026-06-09 | Hinson Donald· EVPand Chief Financial Officer | Sale | 3,842 | $28.37 | $109,012.52 | filing |
| 2026-05-01 | Robison Sabrina C· EVP Chief HR Officer | Sale | 4,724 | $27.61 | $130,429.39 | filing |
| 2026-05-01 | Giacobbe Gail B. | Option exercise | 2,218 | $27.61 | $61,238.98 | filing |
| 2026-05-01 | VANCE BRIAN L | Option exercise | 2,218 | $27.61 | $61,238.98 | filing |
| 2026-05-01 | Saunders Karen R | Option exercise | 2,218 | $27.61 | $61,238.98 | filing |
| 2026-05-01 | Rivera Frederick B | Option exercise | 2,218 | $27.61 | $61,238.98 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.