Heritage Financial Corporation (HFWA)

NASDAQ: HFWA · Real-Time Price · USD
24.14
-0.07 (-0.29%)
Dec 5, 2025, 4:00 PM EST - Market closed
-0.29%
Market Cap 819.72M
Revenue (ttm) 232.88M
Net Income (ttm) 57.22M
Shares Out 33.96M
EPS (ttm) 1.65
PE Ratio 14.63
Forward PE 10.30
Dividend $0.96 (3.98%)
Ex-Dividend Date Nov 5, 2025
Volume 108,129
Open 24.11
Previous Close 24.21
Day's Range 23.94 - 24.25
52-Week Range 19.84 - 26.65
Beta 0.52
Analysts Buy
Price Target 29.33 (+21.5%)
Earnings Date Jan 22, 2026

About HFWA

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-... [Read more]

Sector Financials
Founded 1927
Employees 761
Stock Exchange NASDAQ
Ticker Symbol HFWA
Full Company Profile

Financial Performance

In 2024, Heritage Financial's revenue was $210.56 million, a decrease of -12.10% compared to the previous year's $239.54 million. Earnings were $43.26 million, a decrease of -29.95%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for HFWA stock is "Buy." The 12-month stock price target is $29.33, which is an increase of 21.50% from the latest price.

Price Target
$29.33
(21.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Heritage Financial Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, LLC Investigates Heritage Financial Corporation - HFWA

NEW YORK CITY and NEW ORLEANS , Dec. 3, 2025 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

2 days ago - PRNewsWire

Community Banks' Margins Expanding, Credit Quality Holding Up For Now

Community bank margins have expanded as the benefit from fixed-rate assets repricing has overshadowed modest increases in funding costs. Most regional and community banks, in a variety of geographies,...

7 days ago - Seeking Alpha

Meet 33 Ideal "Safer" November Small/MidCap Value DiviBuys Of The S&P600

The S&P 600 Small/MidCap index offers high-yield dividend opportunities, with 33 out of 53 top-yielding stocks meeting both the 'safer' and IDEAL dividend Dogcatcher criteria. Top ten S&P600 dividend ...

10 days ago - Seeking Alpha

Heritage Financial Corporation (HFWA) Q3 2025 Earnings Call Transcript

Heritage Financial Corporation (NASDAQ:HFWA) Q3 2025 Earnings Call October 23, 2025 1:00 PM EDT Company Participants Bryan McDonald - CEO, President & Director Donald Hinson - Executive VP & CFO Tony...

6 weeks ago - Seeking Alpha

Heritage Financial Announces Third Quarter 2025 Results and Declares Regular Cash Dividend of $0.24 Per Share

Third Quarter 2025 Highlights Net income was $19.2 million, or $0.55 per diluted share, compared to $12.2 million, or $0.36 per diluted share, for the second quarter of 2025. Deposits increased $73.1 ...

6 weeks ago - PRNewsWire

Meet 22 Ideal "Safer" October Small Cap DiviDogs Of The S&P600

YCharts recently began posting the entire collection of Standard and Poors Indexes: 500 Large-Caps; 400 Mid-Caps; 600 Small-Caps. This article provides an October update to the S&P600 Small-Cap Top 40...

6 weeks ago - Seeking Alpha

Heritage Financial Announces Earnings Release Date and Conference Call

OLYMPIA, Wash. , Oct. 2, 2025 /PRNewswire/ -- Heritage Financial Corporation (Nasdaq: HFWA) (the "Company" or "Heritage") anticipates issuing its third quarter earnings release on Thursday, October 23...

2 months ago - PRNewsWire

HERITAGE FINANCIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Heritage Financial Corporation - HFWA

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Olympic Bancorp,...

2 months ago - Business Wire

Heritage Financial Corporation (HFWA) M&A Call Transcript

Heritage Financial Corporation (NASDAQ:HFWA) M&A Call September 26, 2025 1:00 PM EDT Company Participants Bryan McDonald - CEO, President & Director Donald Hinson - Executive VP & CFO Conference Call...

2 months ago - Seeking Alpha

Heritage Financial Corporation to Acquire Olympic Bancorp, Inc.

Strategic Expansion for Heritage Bank in the Puget Sound Region OLYMPIA, Wash. and PORT ORCHARD, Wash.

2 months ago - PRNewsWire

Heritage Financial Corporation (HFWA) Q2 2025 Earnings Call Transcript

Heritage Financial Corporation (NASDAQ:HFWA) Q2 2025 Earnings Conference Call July 24, 2025 1:00 PM ET Company Participants Anthony W. Chalfant - Executive VP & Chief Credit Officer Bryan D.

4 months ago - Seeking Alpha

HERITAGE FINANCIAL ANNOUNCES SECOND QUARTER 2025 RESULTS AND DECLARES REGULAR CASH DIVIDEND OF $0.24 PER SHARE

Second Quarter 2025 Highlights Net income was $12.2 million, or $0.36 per diluted share, compared to $13.9 million, or $0.40 per diluted share, for the first quarter of 2025. Results included a pre-ta...

4 months ago - PRNewsWire

Heritage Financial: Positioned For Accretive Growth

Heritage Financial is well-positioned for growth in the Pacific Northwest, leveraging a strong capital base and potential for M&A-driven expansion. The bank boasts a low-cost, stable deposit base and ...

7 months ago - Seeking Alpha

Heritage Financial Names Bryan D. McDonald President and CEO and Appoints Him to the Board of Directors

OLYMPIA, Wash. , May 6, 2025 /PRNewswire/ -- Heritage Financial Corporation (Nasdaq: HFWA) ("Company"), parent company of Heritage Bank ("Bank"), announced today that Bryan D.

7 months ago - PRNewsWire

Heritage Financial Q1: Still Sitting On The Sidelines

Despite a 39.8% stock increase, I maintain a "Hold" rating on Heritage Financial Corporation shares due to high uninsured deposit exposure and mediocre asset quality. Q1 2025 showed revenue and earnin...

8 months ago - Seeking Alpha

Heritage Financial Corporation (HFWA) Q1 2025 Earnings Conference Call Transcript

Heritage Financial Corporation (NASDAQ:HFWA) Q1 2025 Earnings Conference Call April 24, 2025 1:00 PM ET Company Participants Bryan McDonald - CEO, Heritage Bank Don Hinson - CFO Tony Chalfant - Chief...

8 months ago - Seeking Alpha

HERITAGE FINANCIAL ANNOUNCES FIRST QUARTER 2025 RESULTS AND DECLARES REGULAR CASH DIVIDEND OF $0.24 PER SHARE

First Quarter 2025 Highlights Net income was $13.9 million, or $0.40 per diluted share, compared to $11.9 million, or $0.34 per diluted share, for the fourth quarter of 2024.  Results included a pre-t...

8 months ago - PRNewsWire

16 Upcoming Dividend Increases

Sixteen companies are boosting their dividends, with an average increase of 8.2%, signaling financial health and stability, particularly among regional banks. My investment strategy focuses on compani...

11 months ago - Seeking Alpha

Heritage Bank Expands Into the Spokane, Washington, Market

OLYMPIA, Wash. , Jan. 27, 2025 /PRNewswire/ -- Heritage Bank ("Heritage" or "bank"), a wholly-owned subsidiary of Heritage Financial Corporation (Nasdaq: HFWA), is pleased to announce its expansion in...

11 months ago - PRNewsWire

Heritage Financial Corporation (HFWA) Q4 2024 Earnings Call Transcript

Heritage Financial Corporation (NASDAQ:HFWA) Q4 2024 Earnings Conference Call January 23, 2024 1:00 PM ET Corporate Participants Jeff Deuel - Chief Executive Officer, Heritage Financial Tony Chalfant...

11 months ago - Seeking Alpha

HERITAGE FINANCIAL ANNOUNCES FOURTH QUARTER AND ANNUAL 2024 RESULTS AND DECLARES REGULAR CASH DIVIDEND OF $0.24 PER SHARE

Fourth Quarter 2024 Highlights Net income was $11.9 million, or $0.34 per diluted share, compared to $11.4 million, or $0.33 per diluted share, for the third quarter of 2024. Results included a pre-ta...

11 months ago - PRNewsWire

Heritage Financial Corporation Appoints Karen R. Saunders to its Board of Directors

OLYMPIA, Wash. , Dec. 19, 2024 /PRNewswire/ -- Heritage Financial Corporation ("Heritage") (Nasdaq: HFWA) is pleased to announce the appointment of Karen R.

1 year ago - PRNewsWire

Heritage Financial Corporation (HFWA) Q3 2024 Earnings Call Transcript

Heritage Financial Corporation (HFWA) Q3 2024 Earnings Call Transcript

1 year ago - Seeking Alpha

HERITAGE FINANCIAL ANNOUNCES THIRD QUARTER 2024 RESULTS AND DECLARES REGULAR CASH DIVIDEND OF $0.23 PER SHARE

Third Quarter 2024 Highlights Net income was $11.4 million, or $0.33 per diluted share, compared to $14.2 million, or $0.41 per diluted share, for the second quarter of 2024. Results include a pre-tax...

1 year ago - PRNewsWire

Nicholas Bley Named Chief Operating Officer at Heritage Bank

OLYMPIA, Wash. , Oct. 23, 2024 /PRNewswire/ -- Heritage Financial Corporation (Nasdaq: HFWA) (the "Company" or "Heritage"), the parent company of Heritage Bank (the "Bank"), announces that Nicholas ("...

1 year ago - PRNewsWire