Heritage Financial Balance Sheet Health
Financial Health criteria checks 6/6
Heritage Financial has total assets of $7.1B and total equity of $847.6M. Total deposits are $5.5B, and total loans are $4.4B. It earns a Net Interest Margin of 3.6%. It has sufficient allowance for bad loans, which are currently at 0.1% of total loans. Cash and short-term investments are $189.6M.
Key information
8.4x
Asset to equity ratio
3.6%
Net interest margin
Total deposits | US$5.53b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.1% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$189.65m |
Recent financial health updates
No updates
Recent updates
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 01Heritage Financial's (NASDAQ:HFWA) Dividend Will Be US$0.20
Jul 25Is Heritage Financial Corporation (NASDAQ:HFWA) A Smart Pick For Income Investors?
Apr 17This Insider Has Just Sold Shares In Heritage Financial Corporation (NASDAQ:HFWA)
Mar 20Have Insiders Been Buying Heritage Financial Corporation (NASDAQ:HFWA) Shares This Year?
Mar 02Income Investors Should Know That Heritage Financial Corporation (NASDAQ:HFWA) Goes Ex-Dividend Soon
Feb 04What Is The Ownership Structure Like For Heritage Financial Corporation (NASDAQ:HFWA)?
Feb 02Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: HFWA's Assets to Equity ratio (8.4x) is low.
Allowance for Bad Loans: HFWA has a sufficient allowance for bad loans (833%).
Low Risk Liabilities: 89% of HFWA's liabilities are made up of primarily low risk sources of funding.
Loan Level: HFWA has an appropriate level of Loans to Assets ratio (62%).
Low Risk Deposits: HFWA's Loans to Deposits ratio (79%) is appropriate.
Level of Bad Loans: HFWA has an appropriate level of bad loans (0.1%).