Heritage Financial Corporation (HFWA)
| Market Cap | 1.16B +50.8% |
| Revenue (ttm) | 315.40M +35.4% |
| Net Income | 77.45M +35.3% |
| EPS | 1.99 +20.4% |
| Shares Out | 40.58M |
| PE Ratio | 14.33 |
| Forward PE | 11.23 |
| Dividend | $1.00 (3.51%) |
| Ex-Dividend Date | Nov 4, 2026 |
| Volume | 315,242 |
| Open | 29.16 |
| Previous Close | 28.91 |
| Day's Range | 28.43 - 29.37 |
| 52-Week Range | 21.32 - 31.25 |
| Beta | 0.50 |
| Analysts | Buy |
| Price Target | 32.60 (+14.51%) |
| Earnings Date | Oct 22, 2026 |
About HFWA
Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and its owners in the United States. It accepts various deposit products, such as noninterest demand deposits, interest bearing demand deposits, money market accounts, savings accounts, personal checking accounts, and certificates of deposit. The company also offers commercial business loans, including lines of credit, term equipment financing and term owner-occupied, and non-owner o... [Read more]
Financial Performance
In 2025, Heritage Financial's revenue was $244.17 million, an increase of 15.96% compared to the previous year's $210.56 million. Earnings were $67.53 million, an increase of 56.11%.
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for HFWA stock is "Buy." The 12-month stock price target is $32.6, which is an increase of 14.51% from the latest price.
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 wi...
Heritage Financial price target raised to $33 from $32 at Keefe Bruyette
Keefe Bruyette raised the firm’s price target on Heritage Financial (HFWA) to $33 from $32 and keeps a Market Perform rating on the shares.
Heritage Financial Earnings Call Transcript: Q3 2026
Q3 delivered stronger NII and margin alongside solid loan and deposit growth. Management expects mid-single-digit loan growth near term, while credit deterioration, higher payoffs, and competitive pricing remain key watchpoints.
Heritage Financial Slides: Q3 2026
Heritage Financial has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on October 22, 2026.
Heritage Financial Earnings release: Q3 2026
Heritage Financial released its Q3 2026 earnings on October 22, 2026, summarizing the period's financial results.
Heritage Financial reports Q3 adjusted EPS 55c, consensus 56c
Net interest margin increased to 4.05%, an increase of 6 basis points from 3.99% for the second quarter of 2026. Bryan McDonald, President and CEO of the company, commented, “We…
Heritage Financial Announces Third Quarter 2026 Results and Declares Regular Cash Dividend of $0.25 Per Share
Third Quarter 2026 Highlights Net income was $18.7 million, or $0.46 per diluted share, compared to $17.5 million, or $0.42 per diluted share, for the second quarter of 2026. Adjusted diluted earnings...
Heritage Financial Announces Earnings Release Date and Conference Call
OLYMPIA, Wash., Sept. 30, 2026 /PRNewswire/ -- Heritage Financial Corporation (Nasdaq: HFWA) (the "Company" or "Heritage") anticipates issuing its third quarter earnings release on Thursday, October 2...
Brean Capital upgrades Heritage Financial on expected earnings power improvement
Brean Capital upgraded Heritage Financial (HFWA) to Buy from Neutral with an unchanged price target of $33. The repricing of the loan portfolio could increase interest income by about 10%…
Heritage Financial upgraded to Buy from Neutral at Brean Capital
Brean Capital analyst Timothy Coffey upgraded Heritage Financial (HFWA) to Buy from Neutral with a $33 price target
Heritage Financial price target raised to $32 from $30 at Stephens
Stephens analyst Andrew Terrell raised the firm’s price target on Heritage Financial (HFWA) to $32 from $30 and keeps an Equal Weight rating on the shares. Heritage Financial reported Q2…
Heritage Financial price target raised to $32 from $31 at Keefe Bruyette
Keefe Bruyette analyst Kelly Motta raised the firm’s price target on Heritage Financial (HFWA) to $32 from $31 and keeps a Market Perform rating on the shares. Published first on…
Heritage Financial Earnings Call Transcript: Q2 2026
Net interest margin and loan production rose in Q2, driven by merger benefits and strong commercial demand. Expenses remain elevated due to integration, but are expected to decline in Q4. Credit quality is stable, with low charge-offs and strong capital ratios.
Heritage Financial Slides: Q2 2026
Heritage Financial has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 23, 2026.
Heritage Financial Earnings release: Q2 2026
Heritage Financial released its Q2 2026 earnings on July 23, 2026, summarizing the period's financial results.
Heritage Financial Quarterly report: Q2 2026
Heritage Financial has published its Q2 2026 quarterly earnings report on July 23, 2026.
Heritage Financial reports Q2 adjusted EPS 57c, consensus 54c
Q2 net interest margin increased to 3.99%, up 3 basis points from 3.96% for Q1. Tangible book value per share was $19.15 from $19.07 at previous quarter end. Common equity…
Heritage Financial Announces Second Quarter 2026 Results and Declares Regular Cash Dividend of $0.25 Per Share
Second Quarter 2026 Highlights Net income was $17.5 million, or $0.42 per diluted share, compared to $18.9 million, or $0.48 per diluted share, for the first quarter of 2026. Adjusted diluted earnings...
Heritage Financial price target lowered to $32 from $34 at Piper Sandler
Piper Sandler lowered the firm’s price target on Heritage Financial (HFWA) to $32 from $34 and keeps an Overweight rating on the shares. After the first wave of Q1 earnings…
Heritage Financial Earnings Call Transcript: Q1 2026
Olympic Bancorp merger drove significant loan and deposit growth, with net interest margin and credit quality improving quarter-over-quarter. Expenses remain elevated due to merger costs but are expected to normalize post-systems conversion, while capital and deposit costs remain stable.
Heritage Financial Earnings release: Q1 2026
Heritage Financial released its Q1 2026 earnings on April 23, 2026, summarizing the period's financial results.
Heritage Financial Slides: Q1 2026
Heritage Financial has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 23, 2026.
Heritage Financial Quarterly report: Q1 2026
Heritage Financial has published its Q1 2026 quarterly earnings report on April 23, 2026.
Heritage Financial reports Q1 adjusted EPS 59c, consensus 57c
Net interest margin increased to 3.96%, an increase of 24 basis points from 3.72% for the fourth quarter of 2025. Yield on loans increased to 5.73%, an increase of 19…
Heritage Financial Announces First Quarter 2026 Results and Declares Regular Cash Dividend of $0.24 Per Share
First Quarter 2026 Highlights Net income was $18.9 million, or $0.48 per diluted share, compared to $22.2 million, or $0.65 per diluted share for the fourth quarter of 2025. Excluding merger-related c...