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HERITAGE FINANCIAL CORP /WA/

HFWA

$28.57 ▼ -0.62 (-2.14%) at close

18 Visible periods

34 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Good

Bullish

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Analytical Summary

HERITAGE FINANCIAL CORP /WA/ shows strong fundamentals with top-quartile Profit Margin (%) and Operating Margin (%). The company's metrics support a bullish outlook for growth-oriented investors.

Market Cap $971.3M

Dividend Yield 3.36%

Revenue Growth 13.5% ↗

Op. Margin 31.9% ↗

ROIC None

FCF / Share None

Trailing P/E 14.4x

Price / Book 1.1x

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Nov 5, 2026.

18-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$246.14M

↑ +13.5% —

Net Income Profit after all expenses

$67.53M

↑ +56.1% —

Operating Margin Operating profit as % of sales

31.9%

↑ +32.5% 88th

trending_up

Bullish Indicators

Operating Margin (%)Operating Margin (%) is in the top quartile
Profit Margin (%)Profit Margin (%) is in the top quartile

warning

Bearish Risks

No bearish risks detected.

Health Breakdown

Profitability ↓

Returns ↓

Dividend History

Dividend / share · sourced from SEC filings

$0.96 Latest / share

+4.3% YoY

+24.0% 12-yr CAGR

$0.09

FY 2014

$0.11

FY 2015

$0.12

FY 2016

$0.13

FY 2017

$0.15

FY 2018

$0.19

FY 2019

$0.20

FY 2020

$0.20

FY 2021

$0.84

FY 2022

$0.88

FY 2023

$0.92

FY 2024

$0.96

FY 2025

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue Growth YoY (%)	13.5% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+125%)	-11.1% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-284%)	-2.1% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-135%)	3.6% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-41%)	0.9% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-85%)	2.6% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-56%)	6.2% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: At sector avg	25.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+316%)	6.6% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+10%)	1.4% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-77%)	22.7% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+279%)	70.5% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1075%)	7.7% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+28%)	-2.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-133%)	1.3% Caution Caution Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-79%)	44.2% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+637%)	—	—
EPS Growth YoY (%)	57.9% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-28.4% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-24.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-15.3% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	113.2% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-29.9% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	23.5% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	7.2% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	6.9% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	4.0% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	52.4% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	34.4% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-29.9% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	107.1% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-60.0% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	—	—
Net Income Growth YoY (%)	56.1% Excellent ↑ Excellent Improving Year-over-year change in net income	-30.0% Weak ↓ Weak Declining Year-over-year change in net income	-24.6% Weak ↓ Weak Declining Year-over-year change in net income	-16.5% Weak ↓ Weak Declining Year-over-year change in net income	110.5% Excellent ↑ Excellent Improving Year-over-year change in net income	-31.1% Weak ↓ Weak Declining Year-over-year change in net income	27.3% Excellent ↑ Excellent Improving Year-over-year change in net income	27.0% Excellent ↓ Excellent Declining Year-over-year change in net income	7.4% Fair ↓ Fair Declining Year-over-year change in net income	3.8% Caution ↓ Caution Declining Year-over-year change in net income	78.4% Excellent ↑ Excellent Improving Year-over-year change in net income	119.5% Excellent ↑ Excellent Improving Year-over-year change in net income	-27.8% Weak ↓ Weak Declining Year-over-year change in net income	103.5% Excellent ↓ Excellent Declining Year-over-year change in net income	-51.2% Weak Weak Year-over-year change in net income	2198.5% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Revenue CAGR 3Y (%)	-0.4% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-3.4% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	0.8% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	2.4% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	3.2% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	10.8% Good → Good Stable Compound annual revenue growth over 3 years	12.3% Good ↓ Good Declining Compound annual revenue growth over 3 years	10.5% Good ↓ Good Declining Compound annual revenue growth over 3 years	9.9% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	28.5% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	31.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	21.6% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	2.2% Caution Caution Compound annual revenue growth over 3 years	12.7% Good Good Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	0.7% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-1.4% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	2.2% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	7.3% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	7.9% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	8.0% Good ↓ Good Declining Compound annual revenue growth over 5 years	12.0% Good ↓ Good Declining Compound annual revenue growth over 5 years	23.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	19.5% Excellent → Excellent Stable Compound annual revenue growth over 5 years	17.5% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	17.5% Excellent Excellent Compound annual revenue growth over 5 years	21.3% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	-5.1% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-22.9% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	10.9% Good ↑ Good Improving Compound annual EPS growth over 3 years	8.2% Fair ↓ Fair Declining Compound annual EPS growth over 3 years	22.7% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	-2.5% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	12.3% Good ↓ Good Declining Compound annual EPS growth over 3 years	6.0% Fair ↓ Fair Declining Compound annual EPS growth over 3 years	19.2% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	28.7% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	12.8% Good ↑ Good Improving Compound annual EPS growth over 3 years	25.0% Excellent Excellent Compound annual EPS growth over 3 years	-16.6% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Operating Margin (%) (%)	31.9% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+28%)	24.1% Good ↓ Good Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	29.9% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+20%)	39.9% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+60%)	50.1% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+101%)	22.3% Good Good Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-11%)	—	—	—	—	—	—	—	—	—	—	—	—
Effective Tax Rate (%) (%)	14.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	17.2% Good → Good Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	15.3% Good ↓ Good Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	17.7% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	18.6% Good Good Actual taxes paid relative to pre-tax income Optimal: 15-25%	12.4% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—	—	—	—	—	—
Profit Margin (%) (%)	27.4% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+25%)	19.9% Good ↓ Good Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-9%)	25.3% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+15%)	32.9% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+49%)	40.8% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+85%)	19.5% Good ↓ Good Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-11%)	29.1% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+32%)	24.3% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+10%)	23.9% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+9%)	23.7% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+8%)	23.2% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+5%)	15.9% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-28%)	12.4% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-44%)	18.5% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-16%)	8.9% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-60%)	18.5% Good Good Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-16%)	1.2% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-95%)	—
FCF Margin (%) (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF / Net Income (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Return on Invested Capital (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Capital (%) (%)	1.0% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	0.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	0.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	1.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	1.3% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	0.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	1.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	1.0% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	1.0% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	1.0% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	1.0% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	0.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	0.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	1.0% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	0.5% Weak Weak Operating profit relative to total assets Optimal: > 10%	1.0% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	7.3% Caution → Caution Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-39%)	5.0% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-58%)	7.2% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-40%)	10.3% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-14%)	11.5% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	5.7% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-53%)	8.3% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-30%)	7.0% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-42%)	8.2% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-31%)	8.1% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-33%)	8.0% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-34%)	4.6% Weak → Weak Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-61%)	4.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-63%)	6.7% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-44%)	3.2% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-73%)	6.6% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-45%)	0.4% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-97%)	—

⚖️ Is the balance sheet risky? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Interest Coverage (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Debt (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt / EBITDA (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue per Share (USD)	$7.24	$6.29	$6.96	$7.09	$6.74	$6.61	$6.32	$6.21	$5.88	$5.53	$5.43	$5.19	$5.00	$4.76	$4.75	$6.51	$6.41	—
Basic EPS, GAAP (USD)	$1.99	$1.26	$1.76	$2.33	$2.75	$1.29	$1.84	$1.49	$1.39	$1.30	$1.25	$0.82	$0.61	$0.87	$0.42	$1.05	$-0.10	—
Free Cash Flow per Share (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividend per Share (USD)	$0.96	$0.92	$0.88	$0.84	$0.20	$0.20	$0.19	$0.15	$0.13	$0.12	$0.11	$0.09	$0.18	$0.80	$0.38	—	—	—
Book Value per Share (USD)	$27.13	$25.40	$24.44	$22.73	$24.34	$22.85	$22.10	$20.77	$16.98	$16.08	$15.68	$15.02	$13.31	$13.16	$13.10	$12.99	$20.24	—
Tangible Book Value per Share (USD)	$20.04	$18.32	$17.54	$15.86	$17.19	$15.77	$15.07	$13.63	$12.80	$11.86	$11.41	$10.73	$11.40	$12.23	$12.16	$12.03	$20.24	—
Basic Weighted Avg Shares (shares)	34.00M	34.47M	35.02M	35.10M	35.68M	36.01M	36.76M	35.19M	29.76M	29.68M	29.79M	25.43M	15.48M	15.08M	15.43M	11.12M	7.83M	—
Dividend Payout Ratio (%)	48.2% Good ↓ Good Declining Dividends paid as a percentage of earnings Optimal: 30-60%	73.0% Caution ↑ Caution Improving Dividends paid as a percentage of earnings Optimal: 30-60%	50.0% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	36.1% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	7.3% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	15.5% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	10.3% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	10.1% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	9.4% Excellent → Excellent Stable Dividends paid as a percentage of earnings Optimal: 30-60%	9.2% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	8.8% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	11.0% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	29.5% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	92.0% Weak Weak Dividends paid as a percentage of earnings Optimal: 30-60%	90.5% Weak Weak Dividends paid as a percentage of earnings Optimal: 30-60%	—	—	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Working Capital (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity (USD)	$921.50M	$863.53M	$853.26M	$797.89M	$854.43M	$820.44M	$809.31M	$760.72M	$508.31M	$481.76M	$469.97M	$454.51M	$215.76M	$198.94M	$202.52M	$202.28M	$158.50M	$113.15M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Sales/Revenue/Turnover (USD)	$246.14M	$216.84M	$243.82M	$248.98M	$240.40M	$238.23M	$232.14M	$218.61M	$174.94M	$164.12M	$161.89M	$131.89M	$77.36M	$71.85M	$73.28M	$72.37M	$50.18M	—
Depreciation Expense (USD)	$5.80M	$6.60M	$6.30M	$5.40M	$5.30M	$5.50M	$4.70M	$4.40M	$3.90M	$3.90M	$4.00M	$3.50M	$2.30M	$2.10M	$1.90M	—	—	—
Net Income, GAAP (USD)	$67.53M	$43.26M	$61.76M	$81.88M	$98.03M	$46.57M	$67.56M	$53.06M	$41.79M	$38.92M	$37.49M	$21.01M	$9.57M	$13.26M	$6.52M	$13.35M	$581.00K	—
Operating Cash Flow (USD)	$94.82M	$64.48M	$109.52M	$94.46M	$69.53M	$70.33M	$92.49M	$82.45M	$73.51M	$53.98M	$51.40M	$51.34M	$30.90M	$27.88M	$20.87M	$27.07M	$9.87M	—

🏛️ Sector-Specific 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Net Interest Margin (approx.) (%)	3.2%	2.9%	3.1%	3.1%	2.8%	3.0%	3.6%	3.5%	3.4%	3.4%	3.6%	3.3%	4.1%	4.8%	4.9%	3.7%	—	—
Efficiency Ratio (%) (%)	67.3%	73.0%	68.3%	60.6%	62.1%	62.5%	63.2%	68.2%	63.2%	64.9%	65.6%	75.3%	76.9%	70.1%	67.8%	56.1%	61.2%	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 4 days ago 18 years · 68 quarters

HERITAGE FINANCIAL CORP /WA/

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