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Heritage Financial Corporation (HFWA)

Nasdaq Financials Regional Banks S&P SmallCap 600
$28.39
-0.17 (-0.60%)
Close of Nov 06, 2026 · end-of-day data
Source: Heritage Financial Corporation's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Interest expense$6.01M$8.35M$12.41M$18.17M$13.32M$7.04M$8.07M$59.31M——
Pre-tax income$52.72M$60.15M$64.30M$81.05M$53.18M$120.51M$99.44M$72.92M$52.26M$78.60M
Income tax$13.80M$18.36M$11.24M$13.49M$6.61M$22.47M$17.56M$11.16M$9.00M$11.07M
Net income$38.92M$41.79M$53.06M$67.56M$46.57M$98.03M$81.88M$61.76M$43.26M$67.53M
EPS (basic)$1.30$1.39$1.49$1.84$1.29$2.75$2.33$1.76$1.26$1.99
EPS (diluted)$1.30$1.39$1.49$1.83$1.29$2.73$2.31$1.75$1.24$1.96
Diluted shares29.69M29.85M35.37M36.99M36.17M35.97M35.46M35.26M34.90M34.46M

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$103.75M$103.02M$161.91M$228.57M$743.32M$1.72B$103.59M$224.97M$117.10M$233.09M
Goodwill$119.03M$119.03M$240.94M$240.94M$240.94M$240.94M$240.94M$240.94M$240.94M$240.94M
Total assets$3.88B$4.11B$5.32B$5.55B$6.62B$7.43B$6.98B$7.17B$7.11B$6.97B
Total liabilities$3.40B$3.60B$4.56B$4.74B$5.79B$6.58B$6.18B$6.32B$6.24B$6.05B
Shareholders' equity$481.76M$508.31M$760.72M$809.31M$820.44M$854.43M$797.89M$853.26M$863.53M$921.50M

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$53.98M$73.51M$90.41M$92.49M$70.33M$69.53M$94.46M$109.52M$64.48M$94.82M
Capital expenditures$6.72M$3.06M$23.27M$13.04M$7.00M$3.02M$4.02M$10.38M$3.46M$9.16M
Free cash flow$47.26M$70.45M$67.15M$79.45M$63.33M$66.51M$90.44M$99.15M$61.02M$85.66M
Investing cash flow-$252.93M-$241.39M-$109.60M-$125.30M-$538.55M$163.76M-$1.21B-$93.45M-$85.90M$186.75M
Financing cash flow$176.05M$167.15M$78.08M$99.47M$982.97M$746.68M-$506.38M$105.31M-$86.45M-$165.58M
Dividends paid$21.57M$18.30M$25.79M$30.91M$28.86M$28.94M$29.49M$30.82M$31.78M$32.65M
Share buybacks$2.89M$737.00K$1.70M$8.64M$19.12M$22.89M$3.20M$6.97M$22.42M$5.52M
Stock-based compensation$0—————————
Depreciation & amortization$12.71M$10.70M$17.62M$14.11M-$3.61M-$21.74M$341.00K$3.17M$1.59M$956.00K

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.