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Heritage Financial Corporation (HFWA)

US · Financial Services · Banks - Regional

$28.39-0.60%
Last close · 2026-11-06

Latest quarter · ended 2026-09-30

Revenue
$109.4M
Revenue YoY
+24.6%
Net profit
$18.7M
Profit YoY
-2.3%
EPS
$0.55
EPS estimate
$0.57
Net margin
17.1%

EPS came in at 0.55 against a street estimate of 0.57 — a miss of 3.5%.

Key statistics

Market cap
$1.16B
P/E
14.2
Forward P/E
12.3
P/B
1.08
Book value
$26.71
EPS (TTM)
$2.01
Dividend yield
1.68%
52-week high
$30.72
52-week low
$20.59
50-day MA
$28.26
200-day MA
$27.86
Beta
0.51

Analyst view

Analysts rate Heritage Financial Corporation a buy (3 buy, 3 hold, 0 sell out of 6) with an average price target of $32.60.

From the latest earnings call · 2026-10-22

MIXED Heritage Financial delivered strong loan, deposit and margin growth, but rising nonaccruals, higher criticized loans, funding-cost pressure and an EPS miss temper the outlook. Q3 FY26 No geographic performance breakdown was discussed. Analysts focused on liquidity, credit deterioration, expenses, loan-growth visibility, deposit competition and buybacks. Management emphasized manageable losses, strong production and cautious capital deployment. 2026-10-22…

Full summary in the app.

Shareholding

Insiders
1.41%
Institutions
83.63%

Largest institutional holders

FundStake
BlackRock Inc14.32%
Jennison Associates LLC8.72%
Victory Capital Management Inc.5.82%
Dimensional Fund Advisors, Inc.5.04%
State Street Corp4.89%
Vanguard Capital Management, LLC4.52%
AllianceBernstein L.P.2.80%
Geode Capital Management, LLC2.72%

Recent filings & reports

DocumentDate
Results announced · Q4 2026
HEADLINE NUMBERS • Third-quarter 2026 net income was $18.7 million, or $0.46 per diluted share, versus $17.5 million and $0.42 in the second quarter
2026-10-22
Quarterly report · Q2 2026
HERITAGE FINANCIAL CORPORATION (HFWA) – FORM 10-Q SUMMARY For Quarter Ended June 30, 2026 --- HEADLINE NUMBERS • Total Assets: $8,430,566 thousand
2026-08-07
Results announced · Q3 2026
HERITAGE FINANCIAL CORPORATION - Q2 2026 EARNINGS SUMMARY --- HEADLINE NUMBERS • Net income: $17.5 million for Q2 2026 vs. $18.9 million in Q1 2026
2026-07-23
Quarterly report · Q1 2026
HERITAGE FINANCIAL CORPORATION – Q1 2026 FORM 10-Q SUMMARY --- HEADLINE NUMBERS • Total assets: $8,498,404 thousand (March 31, 2026) vs. $6,967,350
2026-05-08
Shareholder vote results · Q2 2026
HERITAGE FINANCIAL CORPORATION – FORM 8-K SUMMARY HEADLINE NUMBERS • Outstanding shares: 41,131,100 common shares • Shareholder meeting attendance:
2026-05-08
Results announced · Q2 2026
HERITAGE FINANCIAL CORPORATION - Q1 2026 RESULTS SUMMARY HEADLINE NUMBERS • Net income: $18.9 million ($0.48 per diluted share) vs. $22.2 million ($
2026-04-23
Company announcement · Q1 2026
HERITAGE FINANCIAL CORPORATION - FORM 8-K SUMMARY HEADLINE NUMBERS • Company: Heritage Financial Corporation (HFWA), traded on Nasdaq • Headquarters
2026-03-23
Proxy statement · Q1 2026
HERITAGE FINANCIAL CORPORATION PROXY SUMMARY WHAT SHAREHOLDERS ARE VOTING ON • Proposal 1: Election of eleven directors to each serve a one-year ter
2026-03-20

Readable in the app.

Corporate actions

ActionDetailDate
Dividend$0.25 / share
ex-date Nov 4, 2026 · pay Nov 18, 2026
2026-11-04
Dividend$0.25 / share
ex-date Aug 5, 2026 · pay Aug 19, 2026
2026-08-05
Dividend$0.24 / share
ex-date May 6, 2026 · pay May 20, 2026
2026-05-06
Dividend$0.24 / share
ex-date Jan 28, 2026 · pay Feb 11, 2026
2026-01-28
Dividend$0.24 / share
ex-date Nov 5, 2025 · pay Nov 19, 2025
2025-11-05

Deals & corporate news

AnnouncementDate
Completed acquisition of Olympic Bancorp, Inc. effective January 31, 2026
Heritage Financial Corporation completed its acquisition of Olympic Bancorp, Inc. on January 31, 2026. Under the deal terms finalized in September 2025, each Olympic shareholder received 45
2026-02-02
Shareholder approval obtained for merger with Olympic Bancorp
Heritage Financial Corporation shareholders voted on January 21, 2026 to approve a merger with Olympic Bancorp, Inc. The key voting results: 27.1 million shares (99.75%) voted FOR the merger
2026-01-22
Regulatory approvals received for merger with Olympic Bancorp
Heritage Financial Corporation announced on December 29, 2025, that it has received all required regulatory approvals for its merger with Olympic Bancorp, Inc. The Federal Deposit Insurance
2025-12-30

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Data updated 2026-11-07.