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.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Community Narratives
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Expanding Loan Operations And Strategic Balance Sheet Management Set To Boost Earnings Growth
Heritage Financial Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$21.66 |
| 52 Week High | US$23.82 |
| 52 Week Low | US$15.50 |
| Beta | 0.53 |
| 11 Month Change | -5.83% |
| 3 Month Change | 26.15% |
| 1 Year Change | 33.79% |
| 33 Year Change | -15.65% |
| 5 Year Change | -17.36% |
| Change since IPO | 71.65% |
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 $0.22
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 20Shareholder Returns
| HFWA | US Banks | US Market | |
|---|---|---|---|
| 7D | -1.5% | 0.3% | 1.9% |
| 1Y | 33.8% | 43.1% | 32.8% |
Return vs Industry: HFWA underperformed the US Banks industry which returned 43.2% over the past year.
Return vs Market: HFWA exceeded the US Market which returned 30.2% over the past year.
Price Volatility
| HFWA volatility | |
|---|---|
| HFWA Average Weekly Movement | 4.9% |
| Banks Industry Average Movement | 4.8% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 14.9% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: HFWA has not had significant price volatility in the past 3 months.
Volatility Over Time: HFWA's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1927 | 748 | 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$760.30m |
| Earnings (TTM) | US$44.36m |
| Revenue (TTM) | US$214.40m |
16.8x
P/E Ratio0.9x
P/B RatioIs HFWA overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HFWA income statement (TTM) | |
|---|---|
| Revenue | US$214.40m |
| Cost of Revenue | US$0 |
| Gross Profit | US$214.40m |
| Other Expenses | US$170.04m |
| Earnings | US$44.36m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.29 |
| Gross Margin | 100.00% |
| Net Profit Margin | 20.69% |
| Debt/Equity Ratio | 64.5% |
How did HFWA perform over the long term?
See historical performance and comparison