HFWA Heritage Financial Corp

  1. Stocks
  2. Financial Services
  3. NASDAQ: HFWA

Price (delayed)

$18.63

Market cap

$650.3M

P/E Ratio

10.59

Dividend/share

$0.89

EPS

$1.76

Enterprise value

$947.1M

Heritage Financial Corporation is an Olympia-based bank holding company with Heritage Bank, a full-service commercial bank, as its sole wholly-owned banking subsidiary. Heritage Bank has a branching network of 61 ...

Highlights
The equity has increased by 7% YoY and by 4.9% QoQ
The price to earnings (P/E) is 19% higher than the last 4 quarters average of 8.9 but 15% lower than the 5-year quarterly average of 12.5
HFWA's net income is down by 25% year-on-year and by 21% since the previous quarter
The company's EPS fell by 24% YoY and by 21% QoQ
Sector: Financial Services
Industry: Banks - Regional
Peers: COLB BANR SHBI BWFG

Key stats

What are the main financial stats of HFWA
Market
Shares outstanding
34.91M
Market cap
$650.3M
Enterprise value
$947.1M
Valuations
Price to earnings (P/E)
10.59
Price to book (P/B)
0.76
Price to sales (P/S)
2.72
EV/EBIT
12.99
EV/EBITDA
12.06
EV/Sales
3.95
Earnings
Revenue
$239.54M
EBIT
$72.92M
EBITDA
$78.52M
Free cash flow
$99.23M
Per share
EPS
$1.76
Free cash flow per share
$2.83
Book value per share
$24.45
Revenue per share
$6.84
TBVPS
$197.85
Balance sheet
Total assets
$7.17B
Total liabilities
$6.32B
Debt
$521.77M
Equity
$853.26M
Working capital
N/A
Liquidity
Debt to equity
0.61
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
3.78
Margins
EBITDA margin
32.8%
Gross margin
100%
Net margin
25.8%
Operating margin
30.4%
Efficiency
Return on assets
0.9%
Return on equity
7.5%
Return on invested capital
1%
Return on capital employed
N/A
Return on sales
30.4%
Dividend
Dividend yield
4.78%
DPS
$0.89
Payout ratio
50.6%

HFWA stock price

How has the Heritage Financial stock price performed over time
Intraday
2.81%
1 week
8.82%
1 month
1.8%
1 year
-5.43%
YTD
-12.9%
QTD
-3.92%

Financial performance

How have Heritage Financial's revenue and profit performed over time
Revenue
$239.54M
Gross profit
$239.54M
Operating income
$72.92M
Net income
$61.76M
Gross margin
100%
Net margin
25.8%
The company's operating income fell by 27% YoY and by 23% QoQ
HFWA's net income is down by 25% year-on-year and by 21% since the previous quarter
HFWA's operating margin is down by 23% year-on-year and by 16% since the previous quarter
Heritage Financial's net margin has decreased by 21% YoY and by 15% QoQ

Growth

What is Heritage Financial's growth rate over time

Valuation

What is Heritage Financial stock price valuation
HFWA P/E details
P/E
10.59
P/B
0.76
P/S
2.72
EV/EBIT
12.99
EV/EBITDA
12.06
EV/Sales
3.95
The company's EPS fell by 24% YoY and by 21% QoQ
The price to earnings (P/E) is 19% higher than the last 4 quarters average of 8.9 but 15% lower than the 5-year quarterly average of 12.5
The P/B is 24% lower than the 5-year quarterly average of 1.0 and 5% lower than the last 4 quarters average of 0.8
The equity has increased by 7% YoY and by 4.9% QoQ
The price to sales (P/S) is 24% lower than the 5-year quarterly average of 3.6 but 4.6% higher than the last 4 quarters average of 2.6
HFWA's revenue is down by 7% since the previous quarter and by 4.3% year-on-year

Efficiency

How efficient is Heritage Financial business performance
The company's return on invested capital fell by 38% YoY and by 23% QoQ
The ROE has contracted by 26% YoY and by 22% from the previous quarter
The company's return on sales fell by 23% YoY and by 16% QoQ
The ROA fell by 18% QoQ and by 18% YoY

Dividends

What is HFWA's dividend history
Dividend details
DPS
$0.89
Dividend yield
4.78%
Payout ratio
50.6%
Recent dividends

Financial health

How did Heritage Financial financials performed over time
The total assets is 13% more than the total liabilities
The total assets has grown by 2.8% YoY
HFWA's total liabilities is up by 2.3% year-on-year
Heritage Financial's debt is 39% lower than its equity
The equity has increased by 7% YoY and by 4.9% QoQ
Heritage Financial's debt has increased by 5% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.