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Heritage Financial Corporation (HFWA)

NASDAQ: HFWA · IEX Real-Time Price · USD
24.31 0.73 (3.10%)
Sep 17, 2021 4:00 PM EDT - Market closed
Market Cap874.45M
Revenue (ttm)266.27M
Net Income (ttm)98.56M
Shares Out35.97M
EPS (ttm)2.72
PE Ratio8.92
Forward PE14.73
Dividend$0.80 (3.29%)
Ex-Dividend DateAug 3, 2021
Volume706,836
Open23.66
Previous Close23.58
Day's Range23.42 - 24.45
52-Week Range16.82 - 30.39
Beta0.79
AnalystsBuy
Price Target26.38 (+8.5%)
Est. Earnings DateOct 21, 2021

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 individuals in the United States. The company 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. Its loan portfolio includes commercial and industrial loans, owner-occupied and non-owner occupied commercial real estate loans, one-...

IndustryBanks
Founded1927
Employees822
Stock ExchangeNASDAQ
Ticker SymbolHFWA
Full Company Profile

Financial Performance

In 2020, HFWA's revenue was $202.12 million, a decrease of -11.29% compared to the previous year's $227.83 million. Earnings were $46.57 million, a decrease of -31.07%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for HFWA stock is "Buy." The 12-month stock price forecast is 26.38, which is an increase of 8.52% from the latest price.

Price Target
$26.38
(8.52% upside)
Analyst Consensus: Buy

News

How Heritage Financial (HFWA) Stock Stands Out in a Strong Industry

Heritage Financial (HFWA) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

4 days ago - Zacks Investment Research

3 Stocks With Low 12-Month and Forward PEG Ratios

When looking for bargain opportunities, investors may want to consider the three securities listed below, as they look underestimated by the market. Their trailing 12-month and forward price-earnings to...

Other symbols:PRIMSASR
2 weeks ago - GuruFocus

Top Ranked Income Stocks to Buy for August 12th

LBC, HVT, ATCO, and HFWA made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 12, 2021.

Other symbols:ATCOHVTLBC
1 month ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for August 4th

CVX, LAZ, MC, and HFWA made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 4, 2021.

Other symbols:CVXLAZMC
1 month ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for July 28th

FANH, MBWM, HFWA, and CPLP made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 28, 2021.

Other symbols:CPLPFANHMBWM
1 month ago - Zacks Investment Research

Heritage Financial (HFWA) Q2 Earnings and Revenues Top Estimates

Heritage Financial (HFWA) delivered earnings and revenue surprises of 76.47% and 4.62%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Recap: Heritage Financial Q2 Earnings

Shares of Heritage Financial (NASDAQ:HFWA) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share rose 629.41% over the past year to $0.90, which beat the estima...

1 month ago - Benzinga

Heritage Financial Announces Second Quarter 2021 Results And Declares Regular Cash Dividend

OLYMPIA, Wash., July 22, 2021 /PRNewswire/ -- Heritage Financial Corporation (NASDAQ GS: HFWA) (the "Company" or "Heritage"), the parent company of Heritage Bank ("Bank"), today reported that the Compan...

1 month ago - PRNewsWire

Heritage Financial (HFWA) Earnings Expected to Grow: Should You Buy?

Heritage Financial (HFWA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Heritage Financial Announces Earnings Release Date and Conference Call

OLYMPIA, Wash., July 6, 2021 /PRNewswire/ -- Heritage Financial Corporation ("Company" or "Heritage") (Nasdaq: HFWA) anticipates issuing its second quarter earnings release on Thursday, July 22, 2021 be...

2 months ago - PRNewsWire

Bryan D. McDonald Named President and Chief Operating Officer of Heritage Bank

OLYMPIA, Wash., July 1, 2021 /PRNewswire/ -- Heritage Financial Corporation ("Heritage") (NASDAQ: HFWA), Jeffrey J.

2 months ago - PRNewsWire

Top Ranked Income Stocks to Buy for May 26th

Top Ranked Income Stocks to Buy for May 26th

Other symbols:CCOIHDNFBK
3 months ago - Zacks Investment Research

Heritage Financial (HFWA) Q1 Earnings Beat Estimates

Heritage Financial (HFWA) delivered earnings and revenue surprises of 32.08% and -3.47%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Heritage Financial: Q1 Earnings Insights

Shares of Heritage Financial (NASDAQ:HFWA) remained unaffected after the company reported Q1 results. Quarterly Results Earnings per share were up 112.12% year over year to $0.70, which beat the estimat...

4 months ago - Benzinga

Heritage Financial Corporation (HFWA) CEO Jeff Deuel on Q4 2020 Results - Earnings Call Transcript

Heritage Financial Corporation (HFWA) CEO Jeff Deuel on Q4 2020 Results - Earnings Call Transcript

7 months ago - Seeking Alpha

Heritage Financial (HFWA) Q4 Earnings and Revenues Surpass Estimates

Heritage Financial (HFWA) delivered earnings and revenue surprises of 43.48% and 7.49%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Heritage Financial Corporation Appoints Fred Rivera to its Board of Directors

OLYMPIA, Wash., Dec. 21, 2020 /PRNewswire/ -- Heritage Financial Corporation ("Heritage") (NASDAQ: HFWA), is pleased to announce the appointment of Fred Rivera to its Board of Directors. Mr. Rivera was ...

8 months ago - PRNewsWire

Heritage Financial Corporation's (HFWA) CEO Jeff Deuel on Q3 2020 Results - Earnings Call Transcript

Heritage Financial Corporation's (HFWA) CEO Jeff Deuel on Q3 2020 Results - Earnings Call Transcript

10 months ago - Seeking Alpha

Heritage Financial (HFWA) Q3 Earnings Surpass Estimates

Heritage Financial (HFWA) delivered earnings and revenue surprises of 21.05% and -5.20%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

10 months ago - Zacks Investment Research

Heritage Financial (HFWA) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

Heritage Financial (HFWA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

11 months ago - Zacks Investment Research

Heritage Financial Corporation's (HFWA) CEO Jeffrey Deuel on Q2 2020 Results - Earnings Call Transcript

Heritage Financial Corporation's (HFWA) CEO Jeffrey Deuel on Q2 2020 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Heritage Financial (HFWA) Reports Q2 Loss, Tops Revenue Estimates

Heritage Financial (HFWA) delivered earnings and revenue surprises of -185.00% and 2.68%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Heritage Financial (HFWA) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

Heritage Financial (HFWA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research

Is Heritage Financial (HFWA) a Profitable Stock To Pick Now?

Is Heritage Financial Corporation (HFWA) a great pick from the value investor's perspective right now? Read on to know more.

1 year ago - Zacks Investment Research

Heritage Financial Announces Chief Credit Officer Succession Plan

OLYMPIA, Wash., May 29, 2020 /PRNewswire/ -- Heritage Financial Corporation (Nasdaq: HFWA), parent company of Heritage Bank, has named Tony Chalfant to succeed Dave Spurling as Chief Credit Officer ("CC...

1 year ago - PRNewsWire