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HFWA - Heritage Financial Corp.

Financials

Price History

About

Industry

Banks - Regional

Employees

728

Headquarters

United States


Company Overview

Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and its owners in the United States. It 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. The company also offers commercial business loans, including lines of credit, term equipment financing and term owner-occupied, and non-owner occupied CRE loans; real estate construction and land development loans, as well as residential construction loans, and commercial and multifamily construction loans; residential real estate loans; and originate loans that are guaranteed by the U.S. SBA, and secured and unsecured consumer loans and lines of credit. In addition, it provides investment advice, online banking, online statements, mobile banking with mobile deposit, Visa debit cards, and access. 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.

Price

$26.00

52-Week Range

$20 $29

Dividend Yield

3.69%

Dividend Score

B

Dividend

Yield 3.69%
Annual $0.96
Payout 49%
5Y Avg 3.84%

Valuation

P/E (TTM) 13.5
Fwd P/E 8.9
P/B 0.96
PEG N/A

Profitability

Profit Margin 27.7%
Op Margin 39.8%
ROE 7.6%
ROA 1.0%

Financial Health

Current Ratio N/A
Quick Ratio N/A
Debt/Equity N/A

Cash Flow

Free CF N/A
Op CF $95M
Total Cash $248M

Analyst Consensus

None

5 analysts

Target: $31 $30 - $35
+20.8% implied

Dividend Growth

Most Recent Annual Growth

4.35%

3-Year Avg Growth

4.55%

5-Year Avg Growth

3.72%

Annual Dividends

Year-over-Year Growth

Recent Dividend History

Ex-Dividend Date Amount
Jan 28, 2026 $0.2400
Nov 05, 2025 $0.2400
Aug 06, 2025 $0.2400
May 07, 2025 $0.2400
Feb 06, 2025 $0.2400
Nov 06, 2024 $0.2300
Aug 07, 2024 $0.2300
May 07, 2024 $0.2300
Feb 07, 2024 $0.2300
Oct 31, 2023 $0.2200
Aug 01, 2023 $0.2200
May 03, 2023 $0.2200
Feb 07, 2023 $0.2200
Nov 01, 2022 $0.2100
Aug 02, 2022 $0.2100
May 03, 2022 $0.2100
Feb 08, 2022 $0.2100
Nov 02, 2021 $0.2100
Aug 03, 2021 $0.2000
May 04, 2021 $0.2000

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