Financial Services
Heritage Financial Corporation(HFWA)
Live Price
Offline$29.04
+0.76% today
1Y Change
+20.11%
Window
Jun 26, 2025 โ Jun 23, 2026
- Market Cap
- $940.00M
- Revenue Growth
- +5.9%
- EPS Growth
- +57.9%
- Dividend Yield
- 3.5%
Coverage: 248 bars ยท Jun 26, 2025 โ Jun 23, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Heritage Financial Corporation (HFWA) is a Financial Services stock with a market cap of $940.00M and listed on NASDAQ. The stock last traded around $29.04 and up 20.1% across the available one-year price window (Jun 26, 2025 โ Jun 23, 2026). Baseline metrics include revenue growth of +5.9%, EPS growth of +57.9%, a dividend yield of 3.5%. What stands out right now is revenue +5.9%, EPS +57.9%, free cash flow +40.4% with operating margin 23.7% and ROIC 1.0%. The dividend matters to the case here, with a current yield around 3.5%. Valuation is more restrained than many high-expectation growth names at P/E 14.7 and price/sales 2.6. Overall, the current profile looks closer to a income-oriented value setup than a generic broad-market placeholder. Stock Foundry combines HFWA price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Financial Services peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Above sector median
+5.9% vs +3.4% peer median
Operating Margin
Above sector median
+23.7% vs +4.7% peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on Apr 23, 2026, but the surprise data is still limited.
The operating story is still moving forward
Revenue is running at +5.9% and EPS at +57.9%, with operating margin around 23.7%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 3.5%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged -4.2% over the next 5 trading days and finished higher after 0 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 Apr 23, 2026 | โ | -4.4% | -0.6% | -2.0% |
2026 Jan 22, 2026 | +15.8% | -5.5% | -9.5% | +0.5% |
2025 Oct 23, 2025 | +2.4% | +0.3% | -2.6% | -3.2% |
Benchmark Edge
HFWA vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
HFWA
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
HFWA Max Drawdown
-16.56%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for HFWA and SPY.
Company Overview
Heritage Financial Corporation
NASDAQ Global Select
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. The company 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. Its 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. The company also originates loans that are guaranteed by the U.S. Small Business Administration; and offers trust services, as well as objective advice. As of January 27, 2022, it had a network of 49 banking offices located in Washington and Oregon. 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.
- Leadership
- Bryan D. McDonald
- IPO Date
- May 7, 1998
- Employees
- 757
- Street Address
- 201 Fifth Avenue SW
- Mailing
- Olympia, WA, 98501
- Region
- Olympia, WA, US
- Reporting Currency
- USD
- Investor Line
- 360 943 1500
- Last Updated
- Apr 29, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 14.7
- EV/EBITDA
- 10.3
- Price/Sales
- 2.6
- Price/Book
- 1.0
Growth
- Revenue
- +5.9%
- EPS
- +57.9%
- Free Cash Flow
- +40.4%
Profitability
- Gross Margin
- 74.8%
- Operating Margin
- 23.7%
- Net Margin
- 20.5%
- ROE
- 7.6%
- ROIC
- 1.0%
Balance Sheet
- Debt/Equity
- 0.04
- Current Ratio
- 339.27
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.