Heritage Financial Corporation (HFWA)

NASDAQ: HFWA · Real-Time Price · USD
27.70
+0.36 (1.32%)
Apr 23, 2026, 4:00 PM EDT - Market closed
Market Cap1.14B +57.5%
Revenue (ttm)265.58M +20.2%
Net Income72.57M +41.1%
EPS2.04 +37.4%
Shares Out 41.25M
PE Ratio13.60
Forward PE10.91
Dividend$0.96 (3.47%)
Ex-Dividend DateJan 28, 2026
Volume318,470
Open27.30
Previous Close27.34
Day's Range26.49 - 28.77
52-Week Range21.32 - 28.98
Beta0.48
AnalystsBuy
Price Target31.00 (+11.91%)
Earnings DateApr 23, 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]

Sector Financials
Founded 1927
Employees 760
Stock Exchange NASDAQ
Ticker Symbol HFWA
Full Company Profile

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 Statements

Analyst Summary

According to 4 analysts, the average rating for HFWA stock is "Buy." The 12-month stock price target is $31.0, which is an increase of 11.91% from the latest price.

Price Target
$31.0
(11.91% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 day ago - PRNewsWire

Heritage Financial Announces Earnings Release Date and Conference Call

OLYMPIA, Wash., March 25, 2026 /PRNewswire/ -- Heritage Financial Corporation (Nasdaq: HFWA) (the "Company" or "Heritage") anticipates issuing its first quarter earnings release on Thursday, April 23,...

4 weeks ago - PRNewsWire

Massachusetts-Based Heritage Financial Joins Savant Wealth Management

ROCKFORD, Ill.--(BUSINESS WIRE)--Savant Wealth Management, a fee-only registered investment adviser (RIA), announced it has partnered with Heritage Financial, a Massachusetts-based wealth management f...

7 weeks ago - Business Wire

Heritage Financial Corporation Announces Completion of Acquisition of Olympic Bancorp, Inc.

OLYMPIA, Wash., Feb. 2, 2026 /PRNewswire/ -- Heritage Financial Corporation ("Heritage") (Nasdaq: HFWA) announced that effective January 31, 2026, it completed its previously announced merger (the "Me...

2 months ago - PRNewsWire

Heritage Financial Announces Fourth Quarter and Annual 2025 Results

Fourth Quarter 2025 Highlights Net income was $22.2 million, or $0.65 per diluted share, compared to $19.2 million, or $0.55 per diluted share, for the third quarter of 2025. Return on average assets ...

3 months ago - PRNewsWire

Heritage Financial Corporation Declares Quarterly Dividend

OLYMPIA, Wash., Jan. 16, 2026 /PRNewswire/ -- Heritage Financial Corporation ("Heritage") (Nasdaq: HFWA) announced today that the Board of Directors declared a quarterly cash dividend.

3 months ago - PRNewsWire

Heritage Financial Corporation Receives Regulatory Approval to Acquire Olympic Bancorp, Inc.

OLYMPIA, Wash., Dec. 29, 2025 /PRNewswire/ -- Heritage Financial Corporation ("Heritage") (Nasdaq: HFWA) announced today that it has received all regulatory approvals required to complete the previous...

4 months ago - PRNewsWire

Heritage Financial Corporation Appoints Scott T. Allan to its Board of Directors

OLYMPIA, Wash. , Dec. 19, 2025 /PRNewswire/ -- Heritage Financial Corporation ("Heritage") (Nasdaq: HFWA) is pleased to announce the appointment of Scott T.

4 months ago - PRNewsWire

Heritage Financial Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Heritage Financial Corporation - HFWA

NEW YORK CITY and NEW ORLEANS , Dec. 3, 2025 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

5 months ago - PRNewsWire

Heritage Financial Announces Third Quarter 2025 Results and Declares Regular Cash Dividend of $0.24 Per Share

Third Quarter 2025 Highlights Net income was $19.2 million, or $0.55 per diluted share, compared to $12.2 million, or $0.36 per diluted share, for the second quarter of 2025. Deposits increased $73.1 ...

6 months ago - PRNewsWire

HERITAGE FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Heritage Financial Corporation - HFWA

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Olympic Bancorp,...

7 months ago - Business Wire

Heritage Financial Corporation to Acquire Olympic Bancorp, Inc.

Strategic Expansion for Heritage Bank in the Puget Sound Region OLYMPIA, Wash. and PORT ORCHARD, Wash.

7 months ago - PRNewsWire

HERITAGE FINANCIAL ANNOUNCES SECOND QUARTER 2025 RESULTS AND DECLARES REGULAR CASH DIVIDEND OF $0.24 PER SHARE

Second Quarter 2025 Highlights Net income was $12.2 million, or $0.36 per diluted share, compared to $13.9 million, or $0.40 per diluted share, for the first quarter of 2025. Results included a pre-ta...

9 months ago - PRNewsWire

Heritage Financial Names Bryan D. McDonald President and CEO and Appoints Him to the Board of Directors

OLYMPIA, Wash. , May 6, 2025 /PRNewswire/ -- Heritage Financial Corporation (Nasdaq: HFWA) ("Company"), parent company of Heritage Bank ("Bank"), announced today that Bryan D.

1 year ago - PRNewsWire

HERITAGE FINANCIAL ANNOUNCES FIRST QUARTER 2025 RESULTS AND DECLARES REGULAR CASH DIVIDEND OF $0.24 PER SHARE

First Quarter 2025 Highlights Net income was $13.9 million, or $0.40 per diluted share, compared to $11.9 million, or $0.34 per diluted share, for the fourth quarter of 2024.  Results included a pre-t...

1 year ago - PRNewsWire

Heritage Bank Expands Into the Spokane, Washington, Market

OLYMPIA, Wash. , Jan. 27, 2025 /PRNewswire/ -- Heritage Bank ("Heritage" or "bank"), a wholly-owned subsidiary of Heritage Financial Corporation (Nasdaq: HFWA), is pleased to announce its expansion in...

1 year ago - PRNewsWire

HERITAGE FINANCIAL ANNOUNCES FOURTH QUARTER AND ANNUAL 2024 RESULTS AND DECLARES REGULAR CASH DIVIDEND OF $0.24 PER SHARE

Fourth Quarter 2024 Highlights Net income was $11.9 million, or $0.34 per diluted share, compared to $11.4 million, or $0.33 per diluted share, for the third quarter of 2024. Results included a pre-ta...

1 year ago - PRNewsWire

Heritage Financial Corporation Appoints Karen R. Saunders to its Board of Directors

OLYMPIA, Wash. , Dec. 19, 2024 /PRNewswire/ -- Heritage Financial Corporation ("Heritage") (Nasdaq: HFWA) is pleased to announce the appointment of Karen R.

1 year ago - PRNewsWire

HERITAGE FINANCIAL ANNOUNCES THIRD QUARTER 2024 RESULTS AND DECLARES REGULAR CASH DIVIDEND OF $0.23 PER SHARE

Third Quarter 2024 Highlights Net income was $11.4 million, or $0.33 per diluted share, compared to $14.2 million, or $0.41 per diluted share, for the second quarter of 2024. Results include a pre-tax...

1 year ago - PRNewsWire

Nicholas Bley Named Chief Operating Officer at Heritage Bank

OLYMPIA, Wash. , Oct. 23, 2024 /PRNewswire/ -- Heritage Financial Corporation (Nasdaq: HFWA) (the "Company" or "Heritage"), the parent company of Heritage Bank (the "Bank"), announces that Nicholas ("...

1 year ago - PRNewsWire

HERITAGE FINANCIAL ANNOUNCES SECOND QUARTER 2024 RESULTS AND DECLARES REGULAR CASH DIVIDEND

Second Quarter 2024 Highlights Net income was $14.2 million, or $0.41 per diluted share, for the second quarter compared to $5.7 million, or $0.16 per diluted share, for the first quarter. The second ...

1 year ago - PRNewsWire

Heritage Financial Announces CEO Succession Plan

Retiring Chief Executive Jeff Deuel Remains CEO of Heritage Financial Corporation until May 2025; Bryan McDonald Named President and CEO of Heritage Bank and President of Heritage Financial Corporatio...

1 year ago - PRNewsWire

HERITAGE FINANCIAL ANNOUNCES FIRST QUARTER 2024 RESULTS AND DECLARES REGULAR CASH DIVIDEND

Net income was $5.7 million, or $0.16 per diluted share, for the first quarter of 2024 compared to $6.2 million, or $0.18 per diluted share, for the fourth quarter of 2023. Significant items in the fi...

2 years ago - PRNewsWire

Heritage Financial Corporation Announces that Director Eric K. Chan Resigned from the Board of Directors

OLYMPIA, Wash. , Feb. 7, 2024 /PRNewswire/ -- Heritage Financial Corporation ("Company") (Nasdaq: HFWA), the holding company for Heritage Bank ("Bank"), announced that on February 6, 2024 Director Eri...

2 years ago - PRNewsWire

HERITAGE FINANCIAL ANNOUNCES FOURTH QUARTER AND ANNUAL 2023 RESULTS AND DECLARES REGULAR CASH DIVIDEND

Net income was $6.2 million, or $0.18 per diluted share, for the fourth quarter of 2023 compared to $18.2 million, or $0.51 per diluted share, for the third quarter of 2023. Significant items in the f...

2 years ago - PRNewsWire