HFWA Heritage Financial Corp

Price (delayed)

$22.6

Market cap

$768.19M

P/E Ratio

17.94

Dividend/share

$0.93

EPS

$1.26

Enterprise value

$1.06B

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 22% YoY
HFWA's net income is down by 30% year-on-year but it is up by 15% since the previous quarter
The company's EPS fell by 28% YoY but it rose by 16% QoQ
The price to earnings (P/E) is 39% higher than the 5-year quarterly average of 12.9 and 6% higher than the last 4 quarters average of 17.0

Key stats

What are the main financial stats of HFWA
Market
Shares outstanding
33.99M
Market cap
$768.19M
Enterprise value
$1.06B
Valuations
Price to earnings (P/E)
17.94
Price to book (P/B)
0.89
Price to sales (P/S)
3.7
EV/EBIT
20.21
EV/EBITDA
19.03
EV/Sales
5.02
Earnings
Revenue
$210.56M
Gross profit
$210.56M
Operating income
$52.26M
Net income
$43.26M
EBIT
$52.26M
EBITDA
$55.49M
Free cash flow
$61.11M
Per share
EPS
$1.26
EPS diluted
$1.24
Free cash flow per share
$1.77
Book value per share
$25.28
Revenue per share
$6.11
TBVPS
$199.1
Balance sheet
Total assets
$7.11B
Total liabilities
$6.24B
Debt
$405.06M
Equity
$863.53M
Working capital
N/A
Liquidity
Debt to equity
0.47
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.19
Margins
EBITDA margin
26.4%
Gross margin
100%
Net margin
20.5%
Operating margin
24.8%
Efficiency
Return on assets
0.6%
Return on equity
5%
Return on invested capital
0.7%
Return on capital employed
N/A
Return on sales
24.8%
Dividend
Dividend yield
4.12%
DPS
$0.93
Payout ratio
73.8%

HFWA stock price

How has the Heritage Financial stock price performed over time
Intraday
-1.7%
1 week
3.43%
1 month
-6.42%
1 year
24.93%
YTD
-7.76%
QTD
-7.11%

Financial performance

How have Heritage Financial's revenue and profit performed over time
Revenue
$210.56M
Gross profit
$210.56M
Operating income
$52.26M
Net income
$43.26M
Gross margin
100%
Net margin
20.5%
HFWA's net income is down by 30% year-on-year but it is up by 15% since the previous quarter
The company's operating income fell by 28% YoY but it rose by 23% QoQ
Heritage Financial's net margin has decreased by 21% YoY but it has increased by 11% QoQ
HFWA's operating margin is up by 19% since the previous quarter but it is down by 18% year-on-year

Growth

What is Heritage Financial's growth rate over time

Valuation

What is Heritage Financial stock price valuation
P/E
17.94
P/B
0.89
P/S
3.7
EV/EBIT
20.21
EV/EBITDA
19.03
EV/Sales
5.02
The price to earnings (P/E) is 39% higher than the 5-year quarterly average of 12.9 and 6% higher than the last 4 quarters average of 17.0
The company's EPS fell by 28% YoY but it rose by 16% QoQ
The P/B is 11% higher than the last 4 quarters average of 0.8 but 11% lower than the 5-year quarterly average of 1.0
HFWA's revenue is down by 12% year-on-year but it is up by 3.2% since the previous quarter
The price to sales (P/S) is 9% higher than the 5-year quarterly average of 3.4 and 9% higher than the last 4 quarters average of 3.4

Efficiency

How efficient is Heritage Financial business performance
The ROE has contracted by 33% YoY but it has grown by 14% from the previous quarter
The ROA fell by 33% YoY but it rose by 20% QoQ
The company's return on invested capital fell by 30% YoY but it rose by 17% QoQ
The company's return on sales rose by 19% QoQ but it fell by 18% YoY

Dividends

What is HFWA's dividend history
DPS
$0.93
Dividend yield
4.12%
Payout ratio
73.8%
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 53% lower than its equity
The company's debt to equity fell by 23% YoY but it rose by 2.2% QoQ
Heritage Financial's debt has decreased by 22% YoY

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