Heritage Financial Corporation (HFWA)
| Market Cap | 1.14B +57.5% |
| Revenue (ttm) | 265.58M +20.2% |
| Net Income | 72.57M +41.1% |
| EPS | 2.04 +37.4% |
| Shares Out | 41.25M |
| PE Ratio | 13.60 |
| Forward PE | 10.91 |
| Dividend | $0.96 (3.47%) |
| Ex-Dividend Date | Jan 28, 2026 |
| Volume | 318,470 |
| Open | 27.30 |
| Previous Close | 27.34 |
| Day's Range | 26.49 - 28.77 |
| 52-Week Range | 21.32 - 28.98 |
| Beta | 0.48 |
| Analysts | Buy |
| Price Target | 31.00 (+11.91%) |
| Earnings Date | Apr 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]
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 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.
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...
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,...
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...
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...
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 ...
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.
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...
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.
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.
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 ...
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,...
Heritage Financial Corporation to Acquire Olympic Bancorp, Inc.
Strategic Expansion for Heritage Bank in the Puget Sound Region OLYMPIA, Wash. and PORT ORCHARD, Wash.
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...
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.
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...
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...
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...
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.
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...
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 ("...
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 ...
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...
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...
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...
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...