HFWA Heritage Financial Corp
Price (delayed)
$24.15
Market cap
$824.81M
P/E Ratio
22.16
Dividend/share
$0.93
EPS
$1.09
Enterprise value
$1.05B
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
Heritage Financial's debt has decreased by 23% QoQ and by 18% YoY
The equity has increased by 7% YoY and by 2.8% QoQ
The price to earnings (P/E) is 77% higher than the 5-year quarterly average of 12.5 and 47% higher than the last 4 quarters average of 15.1
HFWA's net income has dropped by 52% year-on-year and by 15% since the previous quarter
Key stats
What are the main financial stats of HFWA
Market
Valuations
Earnings
Shares outstanding
34.15M
Market cap
$824.81M
Enterprise value
$1.05B
Price to earnings (P/E)
22.16
Price to book (P/B)
0.95
Price to sales (P/S)
4.06
EV/EBIT
24.78
EV/EBITDA
22.76
EV/Sales
5.16
Revenue
$203.99M
Gross profit
$203.99M
Operating income
$42.51M
Net income
$37.56M
EBIT
$42.51M
EBITDA
$46.28M
Free cash flow
$71.17M
Per share
Balance sheet
Liquidity
EPS
$1.09
EPS diluted
$1.08
Free cash flow per share
$2.07
Book value per share
$25.35
Revenue per share
$5.94
TBVPS
$201.3
Total assets
$7.15B
Total liabilities
$6.28B
Debt
$403.99M
Equity
$874.51M
Working capital
N/A
Debt to equity
0.46
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.94
Margins
Efficiency
Dividend
EBITDA margin
22.7%
Gross margin
100%
Net margin
18.4%
Operating margin
20.8%
Return on assets
0.5%
Return on equity
4.4%
Return on invested capital
0.6%
Return on capital employed
N/A
Return on sales
20.8%
Dividend yield
3.85%
DPS
$0.93
Payout ratio
85.3%
HFWA stock price
How has the Heritage Financial stock price performed over time
Intraday
-0.33%
1 week
-0.41%
1 month
-2.27%
1 year
30.54%
YTD
-1.43%
QTD
-1.43%
Financial performance
How have Heritage Financial's revenue and profit performed over time
Revenue
$203.99M
Gross profit
$203.99M
Operating income
$42.51M
Net income
$37.56M
Gross margin
100%
Net margin
18.4%
The company's operating income has shrunk by 55% YoY and by 17% QoQ
HFWA's net income has dropped by 52% year-on-year and by 15% since the previous quarter
HFWA's operating margin is down by 43% year-on-year and by 13% since the previous quarter
Heritage Financial's net margin has decreased by 39% YoY and by 11% QoQ
Growth
What is Heritage Financial's growth rate over time
Valuation
What is Heritage Financial stock price valuation
P/E
22.16
P/B
0.95
P/S
4.06
EV/EBIT
24.78
EV/EBITDA
22.76
EV/Sales
5.16
The price to earnings (P/E) is 77% higher than the 5-year quarterly average of 12.5 and 47% higher than the last 4 quarters average of 15.1
The company's EPS has shrunk by 51% YoY and by 15% QoQ
The P/B is 19% higher than the last 4 quarters average of 0.8 but 5% lower than the 5-year quarterly average of 1.0
The equity has increased by 7% YoY and by 2.8% QoQ
The price to sales (P/S) is 27% higher than the last 4 quarters average of 3.2 and 19% higher than the 5-year quarterly average of 3.4
HFWA's revenue is down by 21% year-on-year and by 4.9% since the previous quarter
Efficiency
How efficient is Heritage Financial business performance
The ROA has shrunk by 55% YoY and by 17% QoQ
The ROE has plunged by 54% YoY and by 17% from the previous quarter
The company's return on invested capital has shrunk by 54% YoY and by 14% QoQ
The company's return on sales fell by 43% YoY and by 13% QoQ
Dividends
What is HFWA's dividend history
DPS
$0.93
Dividend yield
3.85%
Payout ratio
85.3%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Heritage Financial financials performed over time
The total assets is 14% more than the total liabilities
Heritage Financial's debt is 54% lower than its equity
The company's debt to equity fell by 25% QoQ and by 25% YoY
Heritage Financial's debt has decreased by 23% QoQ and by 18% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.