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Heritage Financial Corporation

HFWA· NASDAQ
$30.01+0.94%
2026-08-03

Financials

Valuation Metrics

Heritage Financial Corporation's Market Cap is $1.24B. At end of 2025 it was $796M. Ranked #2368 of 3,111 in US market (top 76%), #947 of 1,445 on NASDAQ (top 66%), #163 of 249 in Banks (top 65%) by Market Cap.

Investment Metrics(as of 2026-08-03)

MetricValue
Size
Market Cap$1.24B
Revenue$354M
Net Income$73M
Total Assets$8.50B
Net Assets$1.12B
Employees728
Value
P/E17.05x
P/B1.11x
PEG0.47x
P/S3.49x
EV/EBITDA13.71x
FCF Yield6.49%
Profitability
ROE6.50%
ROA0.85%
Op. Margin23.73%
Revenue Growth22.27%
Earnings Growth36.20%
Financial Health
Debt Ratio661.72%
Total Debt$42M
FCF$80M
Cash$98M
Current Ratio339.27x
Net Debt/EBITDA-0.65x
Dividend
Div. Yield2.64%
Div. Growth4.28%
Payout Ratio48.98%
Performance
1Y Return39.82%
1M Return1.04%
From 52W High-3.97%
1Y MDD-14.76%
Trading
Volume381,173 shares
Trading Value$11M
Per Share
EPS$1.96
BPS$27.13

Company Info

CEO Mr. Bryan D. McDonald
Employees 728
HQ Olympia, United States

Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and its owners 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 also offers commercial business loans, including lines of credit, term equipment financing and term owner-occupied, and non-owner occupied CRE loans; real estate construction and land development loans, as well as residential construction loans, and commercial and multifamily construction loans; residential real estate loans; and originate loans that are guaranteed by the U.S. SBA, and secured and unsecured consumer loans and lines of credit. In addition, it provides investment advice, online banking, online statements, mobile banking with mobile deposit, Visa debit cards, and access. The company was formerly known as Heritage Financial Corporation, M.H.C. and changed its name to Heritage Financial Corporation in 1998. Heritage Financial Corporation was founded in 1927 and is headquartered in Olympia, Washington.