Heritage Financial Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Net Income	-	43.26	61.76	81.88	98.04
Depreciation & Amortization	-	3.23	5.6	3.09	-18.63
Gain (Loss) on Sale of Assets	-	-1.48	-0.61	-0.4	-4.44
Gain (Loss) on Sale of Investments	-	22.74	12.23	0.19	-0.38
Provision for Credit Losses	-	6.28	4.28	-1.43	-29.37
Net Decrease (Increase) in Loans Originated / Sold - Operating	-	0.03	0.34	2.11	7.1
Other Operating Activities	-	-13.89	21.94	5.86	17.2
Operating Cash Flow	-	64.48	109.52	94.46	69.53
Operating Cash Flow Growth	-	-41.12%	15.95%	35.85%	-1.14%
Capital Expenditures	-	-3.46	-10.38	-4.02	-3.02
Sale of Property, Plant and Equipment	-	7.54	0.08	2.21	10.62
Investment in Securities	-	379.54	207.97	-981.72	-531.51
Divestitures	-	-	-13.83	-	-
Net Decrease (Increase) in Loans Originated / Sold - Investing	-	-464.59	-280.66	-225.15	699.11
Other Investing Activities	-	-4.94	3.37	0.9	-11.44
Investing Cash Flow	-	-85.9	-93.45	-1,208	163.76
Short-Term Debt Issued	-	1,459	1,890	50.05	15.16
Total Debt Issued	-	1,459	1,890	50.05	15.16
Short-Term Debt Repaid	-	-1,576	-1,436	-54.29	-
Total Debt Repaid	-	-1,576	-1,436	-54.29	-
Net Debt Issued (Repaid)	-	-117	453.4	-4.24	15.16
Repurchase of Common Stock	-	-22.42	-6.97	-3.2	-22.89
Common Dividends Paid	-	-31.78	-30.82	-29.49	-28.94
Net Increase (Decrease) in Deposit Accounts	-	84.74	-310.3	-469.45	783.35
Financing Cash Flow	-	-86.45	105.31	-506.38	746.68
Net Cash Flow	-	-107.87	121.38	-1,620	979.97
Free Cash Flow	-	61.02	99.15	90.44	66.51
Free Cash Flow Growth	-	-38.45%	9.63%	35.98%	5.02%
Free Cash Flow Margin	-	28.98%	41.39%	36.12%	24.65%
Free Cash Flow Per Share	-	1.75	2.81	2.55	1.85
Cash Interest Paid	-	112.22	46.14	7.71	6.79
Cash Income Tax Paid	-	1.51	2.97	5.04	9.89

Updated Jan 22, 2026. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

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