Heritage Financial Corporation (HFWA)
NASDAQ: HFWA · Real-Time Price · USD
28.39
-0.17 (-0.60%)
Nov 6, 2026, 4:00 PM EST - Market closed
Heritage Financial Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 187.07 | 233.09 | 117.1 | 224.97 | 103.59 | 1,713 |
Investment Securities | 259.36 | 394.21 | 423.74 | 476.42 | 584.87 | 528.9 |
Trading Asset Securities | - | 14.43 | 23.87 | 23.2 | 30.11 | 15.22 |
Mortgage-Backed Securities | 1,342 | 1,050 | 1,231 | 1,605 | 1,704 | 865.13 |
Total Investments | 1,601 | 1,459 | 1,679 | 2,104 | 2,319 | 1,409 |
Gross Loans | 5,881 | 4,795 | 4,813 | 4,349 | 4,063 | 3,828 |
Allowance for Loan Losses | -61.34 | -52.58 | -52.47 | -48 | -42.99 | -42.36 |
Other Adjustments to Gross Loans | - | -11.85 | -11.21 | -12.99 | -12.52 | -11.89 |
Net Loans | 5,820 | 4,731 | 4,750 | 4,288 | 4,008 | 3,773 |
Property, Plant & Equipment | 98.3 | 94.49 | 93.98 | 98.5 | 99.63 | 106.97 |
Goodwill | 279.03 | 240.94 | 240.94 | 240.94 | 240.94 | 240.94 |
Other Intangible Assets | 44.33 | 1.98 | 3.15 | 4.79 | 7.23 | 9.98 |
Loans Held for Sale | - | - | - | - | - | 1.48 |
Accrued Interest Receivable | 24.29 | 19.28 | 19.48 | 19.52 | 18.55 | 14.66 |
Restricted Cash | - | - | - | - | - | 9.8 |
Other Current Assets | 305.35 | - | - | 64.48 | 51.88 | 24.08 |
Other Long-Term Assets | 147.6 | 182.87 | 181.68 | 125.66 | 122.25 | 120.54 |
Total Assets | 8,518 | 6,967 | 7,106 | 7,175 | 6,980 | 7,432 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accrued Expenses | 102.71 | 38.96 | 93.12 | 142.33 | 131.85 | 93.05 |
Interest Bearing Deposits | 5,220 | 3,879 | 3,579 | 3,623 | 3,704 | 3,950 |
Institutional Deposits | - | 443.6 | 450.8 | 260.9 | 103.7 | 100 |
Non-Interest Bearing Deposits | 1,967 | 1,598 | 1,655 | 1,716 | 2,099 | 2,344 |
Total Deposits | 7,187 | 5,920 | 5,685 | 5,600 | 5,907 | 6,394 |
Short-Term Borrowings | 121.9 | 34.43 | 406.87 | 523.2 | 76.7 | 66.13 |
Current Portion of Leases | - | 4.85 | - | - | - | - |
Accrued Interest Payable | - | 0.15 | 0.21 | 0.25 | 0.07 | 0.07 |
Other Current Liabilities | - | - | - | - | 17.42 | - |
Long-Term Leases | - | 17.54 | 24.9 | 25.5 | 24.4 | 28.8 |
Trust Preferred Securities | 22.57 | 22.35 | 22.06 | 21.77 | 21.47 | 21.18 |
Other Long-Term Liabilities | - | 7.37 | 10.98 | 8.78 | 2.87 | -25.54 |
Total Liabilities | 7,434 | 6,046 | 6,243 | 6,322 | 6,182 | 6,578 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 698.92 | 531.1 | 531.67 | 549.75 | 552.4 | 551.8 |
Retained Earnings | 448.18 | 421.62 | 387.1 | 375.99 | 345.35 | 293.24 |
Comprehensive Income & Other | -63.27 | -31.22 | -55.24 | -72.48 | -99.85 | 9.4 |
Shareholders' Equity | 1,084 | 921.5 | 863.53 | 853.26 | 797.89 | 854.43 |
Total Liabilities & Equity | 8,518 | 6,967 | 7,106 | 7,175 | 6,980 | 7,432 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 144.47 | 79.17 | 453.83 | 570.46 | 122.58 | 116.11 |
Net Cash (Debt) | 42.6 | 168.36 | -312.86 | -322.29 | 11.12 | 1,613 |
Net Cash Growth | -50.01% | - | - | - | -99.31% | 151.53% |
Net Cash Per Share | 1.09 | 4.89 | -8.96 | -9.14 | 0.31 | 44.83 |
Filing Date Shares Outstanding | 40.58 | 41.13 | 33.99 | 34.91 | 35.11 | 35.11 |
Total Common Shares Outstanding | 40.58 | 33.96 | 33.99 | 34.91 | 35.11 | 35.11 |
Book Value Per Share | 26.71 | 27.13 | 25.40 | 24.44 | 22.73 | 24.34 |
Tangible Book Value | 760.46 | 678.59 | 619.44 | 607.53 | 549.73 | 603.52 |
Tangible Book Value Per Share | 18.74 | 19.98 | 18.22 | 17.40 | 15.66 | 17.19 |