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HFWA HERITAGE FINANCIAL CORP /WA/

Trailing twelve months to 2026-06-30 · as filed 2026-08-07, not restated
Financials

Scale

Market cap
$1.2bn
Revenue TTM
$294m
Net income TTM
$78m
Free cash flow
$80m
Composite score
45.3
Sector rank
#1937

Valuation

P / E
15.0
EV / EBITDA
EV / sales
3.3
FCF yield
6.88%
Earnings yield vs 10-yr
1.94pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
26.5%
EBITDA margin
ROE
7.0%
ROIC
Revenue growth
30.2%

Insider activity, last 90 days

Net open-market
$-0.73m
Buyers
0
Sellers
5

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

Results of Operations Net Income Comparison of the quarter ended June 30, 2026 to the comparable quarter in the prior year Net income increased $5.3 million, or 43.6%, to $17.5 million, or $0.42 per diluted common share, for the three months ended June 30, 2026, compared to $12.2 million, or $0.36 per diluted common share, for the same period in 2025. The increase in net income was due primarily to a $19.8 million increase in net interest income and a $7.8 million increase in noninterest income. Net interest income increased primarily due to an increase in average interest earning assets, which increased substantially as a result of the Merger. …HERITAGE FINANCIAL CORP /WA/, 10-Q, period ended 2026-06-30, filed 2026-08-07

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