company background image
HFWA

Heritage Financial NasdaqGS:HFWA Stock Report

Last Price

US$26.47

Market Cap

US$929.2m

7D

-3.0%

1Y

2.1%

Updated

30 Sep, 2022

Data

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

HFWA Stock Overview

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.

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$26.47
52 Week HighUS$28.41
52 Week LowUS$20.95
Beta0.59
1 Month Change1.85%
3 Month Change2.44%
1 Year Change2.12%
3 Year Change-0.076%
5 Year Change-9.35%
Change since IPO109.76%

Recent News & Updates

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

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

The board of Heritage Financial Corporation ( NASDAQ:HFWA ) has announced that it will pay a dividend on the 17th of...

Jul 21

Heritage Financial declares $0.21 dividend

Heritage Financial (NASDAQ:HFWA) declares $0.21/share quarterly dividend, in line with previous. Forward yield 3.16% Payable Aug. 17; for shareholders of record Aug. 3; ex-div Aug. 2. See HFWA Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

HFWAUS BanksUS Market
7D-3.0%-3.2%-2.5%
1Y2.1%-26.1%-23.2%

Return vs Industry: HFWA exceeded the US Banks industry which returned -23.9% over the past year.

Return vs Market: HFWA exceeded the US Market which returned -21.5% over the past year.

Price Volatility

Is HFWA's price volatile compared to industry and market?
HFWA volatility
HFWA Average Weekly Movement3.0%
Banks Industry Average Movement3.4%
Market Average Movement6.9%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.8%

Stable Share Price: HFWA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: HFWA's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1927747Jeff Deuelhttps://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. The company 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. Its 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$929.20m
Earnings (TTM)US$78.33m
Revenue (TTM)US$241.87m

11.9x

P/E Ratio

1.2x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HFWA income statement (TTM)
RevenueUS$241.87m
Cost of RevenueUS$0
Gross ProfitUS$241.87m
Other ExpensesUS$163.54m
EarningsUS$78.33m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.23
Gross Margin100.00%
Net Profit Margin32.39%
Debt/Equity Ratio10.3%

How did HFWA perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

37%

Payout Ratio