HFWA Heritage Financial Corp

Price (delayed)

$24.26

Market cap

$872.91M

P/E Ratio

14.7

Dividend/share

$0.8

EPS

$1.65

Enterprise value

-$3.95M

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 price to earnings (P/E) is 22% lower than the 5-year quarterly average of 18.7 and 16% lower than the last 4 quarters average of 17.4
The gross profit has grown by 9% from the previous quarter
The company's EPS rose by 28% QoQ but it fell by 4.6% YoY
HFWA's net income is up by 28% since the previous quarter but it is down by 5% year-on-year
Heritage Financial's debt has surged by 77% YoY

Key stats

What are the main financial stats of HFWA
Market
Shares outstanding
35.98M
Market cap
$872.91M
Enterprise value
-$3.95M
Valuations
Price to earnings (P/E)
14.7
Price to book (P/B)
1.05
Price to sales (P/S)
3.97
EV/EBIT
-0.06
EV/EBITDA
-0.06
EV/Sales
-0.02
Earnings
Revenue
$219.72M
EBIT
$70.8M
EBITDA
$61.71M
Free cash flow
$57.81M
Per share
EPS
$1.65
Free cash flow per share
$1.61
Book value per share
$23.03
Revenue per share
$6.12
TBVPS
$188.58
Balance sheet
Total assets
$7.03B
Total liabilities
$6.2B
Debt
$57.46M
Equity
$827.15M
Working capital
N/A
Liquidity
Debt to equity
0.07
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
-14.21
Margins
EBITDA margin
28.1%
Gross margin
100%
Net margin
27.2%
Operating margin
32.2%
Efficiency
Return on assets
0.9%
Return on equity
7.4%
Return on invested capital
1.2%
Return on capital employed
N/A
Return on sales
32.2%
Dividend
Dividend yield
3.3%
DPS
$0.8
Payout ratio
48.5%

HFWA stock price

How has the Heritage Financial stock price performed over time
Intraday
1.17%
1 week
0.71%
1 month
1.25%
1 year
25.83%
YTD
3.72%
QTD
-3.04%

Financial performance

How have Heritage Financial's revenue and profit performed over time
Revenue
$219.72M
Gross profit
$219.72M
Operating income
$70.8M
Net income
$59.72M
Gross margin
100%
Net margin
27.2%
The company's operating income rose by 33% QoQ but it fell by 4.5% YoY
HFWA's net income is up by 28% since the previous quarter but it is down by 5% year-on-year
HFWA's operating margin is up by 22% since the previous quarter but it is down by 3.6% year-on-year
Heritage Financial's net margin has increased by 18% QoQ but it has decreased by 4.6% YoY

Growth

What is Heritage Financial's growth rate over time

Valuation

What is Heritage Financial stock price valuation
P/E
14.7
P/B
1.05
P/S
3.97
EV/EBIT
-0.06
EV/EBITDA
-0.06
EV/Sales
-0.02
The company's EPS rose by 28% QoQ but it fell by 4.6% YoY
The price to earnings (P/E) is 22% lower than the 5-year quarterly average of 18.7 and 16% lower than the last 4 quarters average of 17.4
The P/B is 26% lower than the 5-year quarterly average of 1.4 but 4% higher than the last 4 quarters average of 1.0
The equity has increased by 3.6% YoY
The price to sales (P/S) is 17% lower than the 5-year quarterly average of 4.7 and 2% lower than the last 4 quarters average of 4.0
HFWA's revenue is up by 9% since the previous quarter

Efficiency

How efficient is Heritage Financial business performance
The company's return on invested capital rose by 33% QoQ but it fell by 14% YoY
The ROA rose by 29% QoQ but it fell by 18% YoY
The ROE has grown by 28% from the previous quarter but it has contracted by 6% YoY
The company's return on sales rose by 22% QoQ but it fell by 3.6% YoY

Dividends

What is HFWA's dividend history
DPS
$0.8
Dividend yield
3.3%
Payout ratio
48.5%
Recent dividends

Financial health

How did Heritage Financial financials performed over time
The total assets is 13% more than the total liabilities
HFWA's total liabilities is up by 29% year-on-year and by 7% since the previous quarter
The total assets has grown by 26% YoY and by 6% from the previous quarter
Heritage Financial's debt is 93% lower than its equity
Heritage Financial's debt has surged by 77% YoY
The company's debt to equity has surged by 75% YoY

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