HFWA Stock Overview
Operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
My Notes
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Loan Growth And Repriced CDs Expected To Improve Future Profitability
Heritage Financial Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$24.37 |
| 52 Week High | US$27.58 |
| 52 Week Low | US$16.55 |
| Beta | 0.55 |
| 1 Month Change | -8.04% |
| 3 Month Change | 10.57% |
| 1 Year Change | 13.35% |
| 3 Year Change | 1.37% |
| 5 Year Change | -13.52% |
| Change since IPO | 93.12% |
Recent News & Updates
Recent updates
Heritage Financial Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Oct 27
Heritage Financial's (NASDAQ:HFWA) Dividend Will Be Increased To $0.23
Jan 28Heritage Financial's (NASDAQ:HFWA) Dividend Will Be Increased To $0.22
Apr 25Heritage Financial's (NASDAQ:HFWA) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 31Heritage Financial declares $0.21 dividend
Oct 20Heritage Financial's (NASDAQ:HFWA) Dividend Will Be $0.21
Jul 24Heritage Financial declares $0.21 dividend
Jul 21Heritage Financial (NASDAQ:HFWA) Has Affirmed Its Dividend Of US$0.21
Apr 25Heritage Financial (NASDAQ:HFWA) Will Pay A Dividend Of US$0.21
Feb 01Shareholder Returns
| HFWA | US Banks | US Market | |
|---|---|---|---|
| 7D | -6.9% | -3.4% | -2.4% |
| 1Y | 13.3% | 29.1% | 23.4% |
Return vs Industry: HFWA underperformed the US Banks industry which returned 29.1% over the past year.
Return vs Market: HFWA underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| HFWA volatility | |
|---|---|
| HFWA Average Weekly Movement | 5.8% |
| Banks Industry Average Movement | 5.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: HFWA has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: HFWA's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1927 | 749 | Jeff Deuel | www.hf-wa.com |
Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals 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’s loan portfolio includes commercial and industrial loans, owner-occupied and non-owner occupied commercial real estate loans, one-to-four family residential loans, real estate construction and land development loans, consumer loans, commercial business loans, lines of credit, term equipment financing, and term real estate loans, as well as commercial business loans to a range of businesses in industries that include real estate and rental and leasing, healthcare, accommodation and food services, retail trade, and construction.
Heritage Financial Corporation Fundamentals Summary
| HFWA fundamental statistics | |
|---|---|
| Market cap | US$832.32m |
| Earnings (TTM) | US$37.56m |
| Revenue (TTM) | US$203.99m |
22.2x
P/E Ratio1.0x
P/B RatioIs HFWA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HFWA income statement (TTM) | |
|---|---|
| Revenue | US$203.99m |
| Cost of Revenue | US$0 |
| Gross Profit | US$203.99m |
| Other Expenses | US$166.42m |
| Earnings | US$37.56m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.10 |
| Gross Margin | 100.00% |
| Net Profit Margin | 18.41% |
| Debt/Equity Ratio | 48.2% |
How did HFWA perform over the long term?
See historical performance and comparisonDividends
3.8%
Current Dividend Yield84%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:45 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Heritage Financial Corporation is covered by 9 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.
| Analyst | Institution |
|---|---|
| Jeffrey Rulis | D.A. Davidson & Co. |
| Timothy Coffey | Janney Montgomery Scott LLC |
| Christopher McGratty | Keefe, Bruyette, & Woods |