Heritage Financial Corporation (HFWA)
| Market Cap | 781.48M |
| Revenue (ttm) | 250.40M |
| Net Income (ttm) | 81.88M |
| Shares Out | 35.11M |
| EPS (ttm) | 2.31 |
| PE Ratio | 9.64 |
| Forward PE | 11.96 |
| Dividend | $0.85 (3.82%) |
| Ex-Dividend Date | Feb 7, 2023 |
| Volume | 169,720 |
| Open | 21.36 |
| Previous Close | 21.47 |
| Day's Range | 21.23 - 22.30 |
| 52-Week Range | 21.20 - 34.34 |
| Beta | 0.60 |
| Analysts | Buy |
| Price Target | 34.48 (+54.9%) |
| Earnings Date | Apr 19, 2023 |
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-... [Read more]
Financial Performance
In 2022, HFWA's revenue was $250.40 million, a decrease of -7.18% compared to the previous year's $269.78 million. Earnings were $81.88 million, a decrease of -16.48%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for HFWA stock is "Buy." The 12-month stock price forecast is $34.48, which is an increase of 54.90% from the latest price.
News
Heritage Financial (HFWA) Q4 Earnings Match Estimates
Heritage Financial (HFWA) delivered earnings and revenue surprises of 0% and 0.01%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
HERITAGE FINANCIAL ANNOUNCES FOURTH QUARTER AND ANNUAL 2022 RESULTS AND DECLARES REGULAR CASH DIVIDEND
Net income was $22.5 million, or $0.64 per diluted share, for the fourth quarter of 2022 compared to $21.0 million, or $0.59 per diluted share, for the third quarter of 2022 and $19.4 million, or $0.5...
Heritage Bank Expands into the Boise, Idaho, Market
OLYMPIA, Wash. , Jan. 10, 2023 /PRNewswire/ -- Heritage Bank ("Heritage" or "bank"), a wholly-owned subsidiary of Heritage Financial Corporation (Nasdaq: HFWA), is pleased to announce its expansion in...
Heritage Financial Announces Earnings Release Date and Conference Call
OLYMPIA, Wash. , Jan. 6, 2023 /PRNewswire/ -- Heritage Financial Corporation ("Company" or "Heritage") (Nasdaq: HFWA) anticipates issuing its fourth quarter and year-end earnings release on Thursday, ...
Heritage Bank Appoints New Executive Vice Presidents and Announces the Retirement of Cindy Hirman, Executive Vice President, Chief Banking Officer
OLYMPIA, Wash. , Jan. 5, 2023 /PRNewswire/ -- Heritage Bank ("Heritage" or "Bank"), a wholly-owned subsidiary of Heritage Financial Corporation (Nasdaq: HFWA), is pleased to announce the appointment o...
Heritage Financial Corporation Appoints Eric K. Chan to its Board of Directors
OLYMPIA, Wash., Dec. 21, 2022 /PRNewswire/ -- Heritage Financial Corporation ("Heritage") (Nasdaq: HFWA) is pleased to announce the appointment of Eric K.
Why M&T Bank, Palomar Holdings And Other Oversold Majors In The Financial Sector Look Promising - Broadmark Realty Capital (NYSE:BRMK), Heritage Financial (NASDAQ:HFWA)
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies. Here's the latest list of major oversold players in this sector, having an RSI near or below...
What Makes Heritage Financial (HFWA) a Strong Momentum Stock: Buy Now?
Does Heritage Financial (HFWA) have what it takes to be a top stock pick for momentum investors? Let's find out.
Heritage Financial (HFWA) Q3 Earnings and Revenues Top Estimates
Heritage Financial (HFWA) delivered earnings and revenue surprises of 18% and 8.64%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
HERITAGE FINANCIAL ANNOUNCES THIRD QUARTER 2022 RESULTS AND DECLARES REGULAR CASH DIVIDEND
Net income was $21.0 million, or $0.59 per diluted share, for the third quarter of 2022 compared to $18.6 million, or $0.52 per diluted share, for the second quarter of 2022 and $20.6 million, or $0.5...
These 3 Dividend Stocks Are Built Different
In a washed out market that is poised to pop, this payer could fly.
Best Momentum Stocks to Buy for July 26th
HFWA, CTBI, and TFII made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 26, 2022.
Heritage Financial (HFWA) Surpasses Q2 Earnings and Revenue Estimates
Heritage Financial (HFWA) delivered earnings and revenue surprises of 15.56% and 1.48%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
HERITAGE FINANCIAL ANNOUNCES SECOND QUARTER 2022 RESULTS AND DECLARES REGULAR CASH DIVIDEND
Net income was $18.6 million, or $0.52 per diluted share, for the second quarter of 2022 compared to $19.8 million, or $0.56 per diluted share, for the first quarter of 2022 and $32.7 million, or $0.9...
Heritage Financial (HFWA) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
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.
McDonald's To $278? Analysts Just Raised Their Price Targets On These 5 Stocks
Investor sentiment has suffered dramatically due to the recent market downturn brought on by rising inflation, the Fed's aggressive policy and concerns about the impending economic recession. The S&P ...
Heritage Bank announces new commercial and relationship banking teams in Vancouver, Washington; Portland and Eugene, Oregon
OLYMPIA, Wash. , June 1, 2022 /PRNewswire/ -- Heritage Bank, a subsidiary of Heritage Financial Corporation (Nasdaq: HFWA), is pleased to announce the addition of new commercial and relationship banki...
Heritage Financial (HFWA) Beats Q1 Earnings and Revenue Estimates
Heritage Financial (HFWA) delivered earnings and revenue surprises of 43.59% and 3.32%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
HERITAGE FINANCIAL ANNOUNCES FIRST QUARTER 2022 RESULTS AND DECLARES REGULAR CASH DIVIDEND
Net income was $19.8 million, or $0.56 per diluted share, for the first quarter of 2022 compared to $19.4 million, or $0.55 per diluted share, for the fourth quarter of 2021 and $25.3 million, or $0.7...
Earnings Preview: Heritage Financial (HFWA) Q1 Earnings Expected to Decline
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.
Heritage Financial (HFWA) Beats Q4 Earnings and Revenue Estimates
Heritage Financial (HFWA) delivered earnings and revenue surprises of 19.57% and 0.83%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
HERITAGE FINANCIAL ANNOUNCES FOURTH QUARTER AND ANNUAL 2021 RESULTS AND DECLARES REGULAR CASH DIVIDEND
OLYMPIA, Wash., Jan. 27, 2022 /PRNewswire/ -- Heritage Financial Corporation (NASDAQ GS: HFWA) (the "Company" or "Heritage"), the parent company of Heritage Bank ("Bank"), today reported net income of...
Analysts Estimate Heritage Financial (HFWA) to Report a Decline in Earnings: What to Look Out for
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.
Heritage Financial Corporation Appoints Trevor Dryer and Gail Giacobbe to its Board of Directors
OLYMPIA, Wash., Nov. 9, 2021 /PRNewswire/ -- Heritage Financial Corporation ("Heritage") (NASDAQ: HFWA), is pleased to announce the appointment of Trevor Dryer and Gail Giacobbe to its Board of Direct...
Heritage Financial Announces Third Quarter 2021 Results And Declares Regular Cash Dividend
OLYMPIA, Wash., Oct. 21, 2021 /PRNewswire/ -- Heritage Financial Corporation (NASDAQ GS: HFWA) (the "Company" or "Heritage"), the parent company of Heritage Bank ("Bank"), today reported that the Comp...