Heritage Financial Corporation (HFWA)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total net revenue | $m | 238 | 240 | 249 | 244 | 217 | 246 | 249 | - |
| Operating profit | $m | 78 | 47 | ||||||
| Net profit | $m | 47 | 98 | 82 | 62 | 43 | 68 | 78 | 69 |
| EPS reported | $ | 1.96 | 2.11 | ||||||
| Operating cashflow per share | $ | 2.79 | 2.26 | ||||||
| Capex per share | $ | 0.27 | 0.16 | ||||||
| FCF per share | $ | 2.52 | 2.10 | ||||||
| Free cash flow | $m | 86 | 84 | ||||||
| Net debt | $m | -618 | 86 | ||||||
| Book value equity | $m | 922 | 1,110 | ||||||
| Book value per share | $ | 26.78 | 27.49 | ||||||
| Number of shares | m | 34.41 | 40.36 | ||||||
| DPS (TTM paid) | $ | 0.96 | 0.97 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 12.07 | 13.35 | ||||||
| P/B LTM | x | 0.87 | 0.72 | ||||||
| P/S LTM | x | 3.26 | 3.22 | ||||||
| P/FCF LTM | x | 9.38 | 9.59 | ||||||
| EV/EBITDA LTM | x | 9.96 | 16.24 | ||||||
| EV/Sales LTM | x | 2.36 | 3.90 | ||||||
| Earnings Yield LTM | % | +8.29% | +7.49% | ||||||
| FCF Yield | % | +10.67% | +10.42% | ||||||
| Quality | |||||||||
| ROE | % | +7.33% | +7.69% | ||||||
| ROIC | % | +5.72% | +0.48% | ||||||
| Operating margin | % | +23.15% | +14.03% | ||||||
| Gross margin | % | +72.43% | +74.64% | ||||||
| FCF/Sales | % | +25.50% | +24.90% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +58.06% | +70.16% | ||||||
| Sales Growth YoY | % | +13.51% | +14.98% | ||||||
| Net Income Growth YoY | % | +56.11% | +80.08% | ||||||
| FCF Growth | % | +40.38% | +37.20% | ||||||
| Operating Profit Growth | % | +48.85% | -9.74% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +4.07% | +3.26% | ||||||
| Dividend Growth | % | +4.35% | +5.43% | ||||||
| Payout Ratio | % | +48.42% | +43.90% | ||||||
| FCF/Debt | x | 2.02 | 0.44 | ||||||
| Net Debt/EBITDA | x | -0.13 | 1.77 | ||||||
| EBIT/Net interest | x | 0.87 | 0.54 | ||||||
| Net debt/market cap | % | +5.27% | +15.40% | ||||||
| Net debt/Equity | x | -0.67 | 0.08 | ||||||
| Gross debt/equity | x | 0.05 | 0.17 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Heritage Financial Corporation operates as the parent company for Heritage Bank, providing a comprehensive range of financial services to individuals and small to mid-sized businesses throughout the United States. The company's deposit offerings include various checking accounts (both interest and non-interest bearing), money market accounts, savings accounts, and certificates of deposit. Its extensive lending portfolio encompasses commercial and industrial financing, real estate loans for both owner-occupied and investment properties, residential mortgages for single to four-family dwellings, and funding for construction and land development projects. Additionally, it extends consumer loans, lines of credit, equipment financing, and commercial business loans to a wide array of sectors such as real estate, leasing, healthcare, hospitality, retail, and construction. Heritage Financial also originates loans backed by the U.S. Small Business Administration and delivers trust services along with professional financial guidance. As of January 27, 2022, the corporation managed 49 banking locations situated across Washington and Oregon. Established in 1927 and headquartered in Olympia, Washington, the company adopted its current name in 1998, having previously operated as Heritage Financial Corporation, M.H.C.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Heritage Financial Corporation (HFWA)
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Heritage Financial Corporation operates as the parent company for Heritage Bank, providing a comprehensive range of financial services to individuals and small to mid-sized businesses throughout the United States. The company's deposit offerings include various checking accounts (both interest and non-interest bearing), money market accounts, savings accounts, and certificates of deposit. Its extensive lending portfolio encompasses commercial and industrial financing, real estate loans for both owner-occupied and investment properties, residential mortgages for single to four-family dwellings, and funding for construction and land development projects. Additionally, it extends consumer loans, lines of credit, equipment financing, and commercial business loans to a wide array of sectors such as real estate, leasing, healthcare, hospitality, retail, and construction. Heritage Financial also originates loans backed by the U.S. Small Business Administration and delivers trust services along with professional financial guidance. As of January 27, 2022, the corporation managed 49 banking locations situated across Washington and Oregon. Established in 1927 and headquartered in Olympia, Washington, the company adopted its current name in 1998, having previously operated as Heritage Financial Corporation, M.H.C.
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