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Heritage Financial NasdaqGS:HFWA Stock Report

Last Price

US$18.68

Market Cap

US$657.7m

7D

-0.4%

1Y

11.5%

Updated

22 May, 2024

Data

Company Financials +

Heritage Financial Corporation

NasdaqGS:HFWA Stock Report

Market Cap: US$657.7m

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.

HFWA fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends4/6

Heritage Financial Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Heritage Financial
Historical stock prices
Current Share PriceUS$18.68
52 Week HighUS$22.55
52 Week LowUS$15.50
Beta0.56
1 Month Change3.09%
3 Month Change1.91%
1 Year Change11.46%
3 Year Change-34.39%
5 Year Change-36.20%
Change since IPO48.03%

Recent News & Updates

Recent updates

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

Heritage Financial (NASDAQ:HFWA) Has Affirmed Its Dividend Of US$0.21

Apr 25
Heritage Financial (NASDAQ:HFWA) Has Affirmed Its Dividend Of US$0.21

Heritage Financial (NASDAQ:HFWA) Will Pay A Dividend Of US$0.21

Feb 01
Heritage Financial (NASDAQ:HFWA) Will Pay A Dividend Of US$0.21

Heritage Financial's (NASDAQ:HFWA) Dividend Will Be US$0.20

Jul 25
Heritage Financial's (NASDAQ:HFWA) Dividend Will Be US$0.20

Is Heritage Financial Corporation (NASDAQ:HFWA) A Smart Pick For Income Investors?

Apr 17
Is Heritage Financial Corporation (NASDAQ:HFWA) A Smart Pick For Income Investors?

This Insider Has Just Sold Shares In Heritage Financial Corporation (NASDAQ:HFWA)

Mar 20
This Insider Has Just Sold Shares In Heritage Financial Corporation (NASDAQ:HFWA)

Have Insiders Been Buying Heritage Financial Corporation (NASDAQ:HFWA) Shares This Year?

Mar 02
Have Insiders Been Buying Heritage Financial Corporation (NASDAQ:HFWA) Shares This Year?

Income Investors Should Know That Heritage Financial Corporation (NASDAQ:HFWA) Goes Ex-Dividend Soon

Feb 04
Income Investors Should Know That Heritage Financial Corporation (NASDAQ:HFWA) Goes Ex-Dividend Soon

What Is The Ownership Structure Like For Heritage Financial Corporation (NASDAQ:HFWA)?

Feb 02
What Is The Ownership Structure Like For Heritage Financial Corporation (NASDAQ:HFWA)?

Shareholder Returns

HFWAUS BanksUS Market
7D-0.4%-1.4%-0.2%
1Y11.5%37.6%28.2%

Return vs Industry: HFWA underperformed the US Banks industry which returned 36.8% over the past year.

Return vs Market: HFWA underperformed the US Market which returned 27.7% over the past year.

Price Volatility

Is HFWA's price volatile compared to industry and market?
HFWA volatility
HFWA Average Weekly Movement4.0%
Banks Industry Average Movement3.9%
Market Average Movement5.9%
10% most volatile stocks in US Market16.0%
10% least volatile stocks in US Market2.8%

Stable Share Price: HFWA has not had significant price volatility in the past 3 months.

Volatility Over Time: HFWA's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1927782Jeff Deuelwww.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

How do Heritage Financial's earnings and revenue compare to its market cap?
HFWA fundamental statistics
Market capUS$657.72m
Earnings (TTM)US$47.05m
Revenue (TTM)US$220.50m

13.8x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HFWA income statement (TTM)
RevenueUS$220.50m
Cost of RevenueUS$0
Gross ProfitUS$220.50m
Other ExpensesUS$173.46m
EarningsUS$47.05m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.36
Gross Margin100.00%
Net Profit Margin21.34%
Debt/Equity Ratio64.7%

How did HFWA perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

66%

Payout Ratio
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