Heritage Financial Corporation (HFWA)

Currency in USD
27.53
-0.10(-0.36%)
Real-time Data·
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Fair Value
Day's Range
26.9727.61
52 wk Range
21.3231.25
Key Statistics
Prev. Close
27.63
Open
27.47
Day's Range
26.97-27.61
52 wk Range
21.32-31.25
Volume
200.37K
Average Volume (3m)
391.54K
1-Year Change
13.9487%
Book Value / Share
26.92
Fair Value
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Fair Value Upside
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HFWA Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
32.80
Upside
+19.14%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low P/E ratio relative to near-term earnings growth
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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Neutral
Technical Indicators
Neutral
Moving Averages
Sell

Analyst Ratings

3 Buy
3 Hold
0 Sell
Ratings:
6 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 32.80
(+19.14% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Brean Capital
Buy33.00+19.96%-UpgradeSep 22, 2026
Stephens
Hold32.00+16.32%30.00MaintainJul 28, 2026
Keefe, Bruyette & Woods
Hold32.00+16.32%31.00MaintainJul 27, 2026
DA Davidson
Buy34.00+23.59%32.00MaintainJul 24, 2026
Piper Sandler
Buy32.00+16.32%34.00MaintainApr 27, 2026

Heritage Financial Corporation Earnings Call Summary for Q2/2026

  • Heritage Financial Q2 2026 EPS of $0.57 beat estimates by 26.67%, but revenue of $84.13M missed forecasts by 2.51%.
  • Net interest margin rose to 3.99% from 3.96% prior quarter; strong credit quality with net charge-offs at just $234,000.
  • Deposits fell $210M due to seasonal outflows and non-core withdrawals; management expects mid-single-digit deposit growth in H2.
  • Q3 expenses guided at $64-65M with $6M merger costs; Q4 run rate expected at $56-57M as Kitsap integration completes in September.
  • Management forecasts continued margin expansion at moderate pace; mid-single-digit loan growth expected despite elevated prepayments.
Last Updated: 2026-07-23, 12:54 p/m
Read Full Transcript

Earnings

Latest Release
Jul 23, 2026
EPS / Forecast
0.57 / 0.45
Revenue / Forecast
84.13M / 86.3M
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.08%
Dividend Yield
3.62%
Industry Median 2.70%
Annualized payout
1.00
Paid quarterly
5-Years Growth
+3.71%
Growth Streak

HFWA Income Statement

Compare HFWA to Peers and Sector

Metrics to compare
HFWA
Peers
Sector
Relationship
P/E Ratio
14.5x11.7x9.3x
PEG Ratio
0.320.270.03
Price/Book
1.0x1.1x1.0x
Price / LTM Sales
3.8x3.4x2.9x
Upside (Analyst Target)
18.7%9.3%20.0%
Fair Value Upside
Unlock1.0%3.3%Unlock

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.

Sector
Financial
Employees
744

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
19.37M47.33%535.09M
Other Institutional Investors
14.08M34.41%389.05M
Public Companies & Retail Investors
7.47M18.25%206.35M
Total
40.92M100.00%1.13B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.14.20%5,811,114160,561
Jennison Associates LLC8.65%3,538,15997,759

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FAQ

What Is the Heritage Financial Co (HFWA) Stock Price Today?

The Heritage Financial Co stock price today is 27.53 USD.

What Stock Exchange Does Heritage Financial Co Trade On?

Heritage Financial Co is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Heritage Financial Co?

The stock symbol for Heritage Financial Co is "HFWA."

Does Heritage Financial Co Pay Dividends? What’s The Current Dividend Yield?

The Heritage Financial Co dividend yield is 3.62%.

What Is the Heritage Financial Co Market Cap?

As of today, Heritage Financial Co market cap is 1.13B USD.

What Is Heritage Financial Co's Earnings Per Share (TTM)?

The Heritage Financial Co EPS (TTM) is 2.08.

When Is the Next Heritage Financial Co Earnings Date?

Heritage Financial Co will release its next earnings report on Oct 22, 2026.

From a Technical Analysis Perspective, Is HFWA a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.

How Many Times Has Heritage Financial Co Stock Split?

Heritage Financial Co has split 1 times.

How Many Employees Does Heritage Financial Co Have?

Heritage Financial Co has 744 employees.

What is the current trading status of Heritage Financial Co (HFWA)?

As of Oct 01, 2026, Heritage Financial Co (HFWA) is trading at a price of 27.53 USD, with a previous close of 27.63 USD. The stock has fluctuated within a day range of 26.97 USD to 27.61 USD, while its 52-week range spans from 21.32 USD to 31.25 USD.

What Is Heritage Financial Co (HFWA) Price Target According to Analysts?

The average 12-month price target for Heritage Financial Co is 32.80 USD, with a high estimate of 34 USD and a low estimate of 31 USD. 3 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +19.14% Upside potential.
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