Heritage Financial Corporation

NasdaqGS:HFWA Stock Report

Market Cap: US$796.7m

Heritage Financial Future Growth

Future criteria checks 4/6

Heritage Financial is forecast to grow earnings and revenue by 22.1% and 12% per annum respectively while EPS is expected to grow by 22.4% per annum.

Key information

22.1%

Earnings growth rate

22.4%

EPS growth rate

Banks earnings growth7.9%
Revenue growth rate12.0%
Future return on equityn/a
Analyst coverage

Good

Last updated01 May 2025

Recent future growth updates

Heritage Financial Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Oct 27
Heritage Financial Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Recent updates

Heritage Financial Q1: Still Sitting On The Sidelines

Apr 24

Heritage Financial Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Oct 27
Heritage Financial Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
author-image

Expanding Loan Operations And Strategic Balance Sheet Management Set To Boost Earnings Growth

Sep 24 Heritage Financial's strategic focus on expanding loans and deposits aims to boost its asset base and net interest income.

Heritage Financial's (NASDAQ:HFWA) Dividend Will Be Increased To $0.23

Jan 28
Heritage Financial's (NASDAQ:HFWA) Dividend Will Be Increased To $0.23

Heritage Financial's (NASDAQ:HFWA) Dividend Will Be Increased To $0.22

Apr 25
Heritage Financial's (NASDAQ:HFWA) Dividend Will Be Increased To $0.22

Heritage Financial's (NASDAQ:HFWA) Shareholders Will Receive A Bigger Dividend Than Last Year

Jan 31
Heritage Financial's (NASDAQ:HFWA) Shareholders Will Receive A Bigger Dividend Than Last Year

Heritage Financial declares $0.21 dividend

Oct 20

Heritage Financial's (NASDAQ:HFWA) Dividend Will Be $0.21

Jul 24
Heritage Financial's (NASDAQ:HFWA) Dividend Will Be $0.21

Heritage Financial declares $0.21 dividend

Jul 21

Earnings and Revenue Growth Forecasts

NasdaqGS:HFWA - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202627577N/AN/A5
12/31/202525567N/AN/A5
3/31/202522151N/AN/AN/A
12/31/2024211436164N/A
9/30/2024204387175N/A
6/30/2024214447582N/A
3/31/2024221479299N/A
12/31/20232406299110N/A
9/30/202325978100111N/A
6/30/202326181100108N/A
3/31/20232578399107N/A
12/31/2022250829094N/A
9/30/2022244797881N/A
6/30/2022242787174N/A
3/31/2022261926871N/A
12/31/2021270986770N/A
9/30/20212711037679N/A
6/30/2021264995461N/A
3/31/2021217605965N/A
12/31/2020202476370N/A
9/30/2020192406978N/A
6/30/2020195418694N/A
3/31/2020221637285N/A
12/31/2019228687992N/A
9/30/2019230677284N/A
6/30/2019230647790N/A
3/31/2019223607295N/A
12/31/201821353N/A90N/A
9/30/201820046N/A75N/A
6/30/201818441N/A59N/A
3/31/201817841N/A61N/A
12/31/201717141N/A74N/A
9/30/201716641N/A70N/A
6/30/201716542N/A74N/A
3/31/201716039N/A62N/A
12/31/201615939N/A54N/A
9/30/201615738N/A56N/A
6/30/201615437N/A57N/A
3/31/201615436N/A64N/A
12/31/201515437N/A51N/A
9/30/201515335N/A59N/A
6/30/201515233N/A63N/A
3/31/201514728N/A46N/A
12/31/201412721N/A51N/A
9/30/201410914N/A36N/A
6/30/20149011N/A25N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HFWA's forecast earnings growth (22.1% per year) is above the savings rate (2.8%).

Earnings vs Market: HFWA's earnings (22.1% per year) are forecast to grow faster than the US market (13.9% per year).

High Growth Earnings: HFWA's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HFWA's revenue (12% per year) is forecast to grow faster than the US market (8.4% per year).

High Growth Revenue: HFWA's revenue (12% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if HFWA's Return on Equity is forecast to be high in 3 years time

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/07 07:18
End of Day Share Price 2025/05/07 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Heritage Financial Corporation is covered by 10 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey RulisD.A. Davidson & Co.
null nullD.A. Davidson & Co.
Timothy CoffeyJanney Montgomery Scott LLC