Heritage Financial Corporation (HFWA) Stock

About Heritage Financial Corporation

Heritage Financial Corporation is led by CEO Bryan D. McDonald, publicly traded since 1998.

Heritage Financial Corporation (HFWA) stock trades at $29.15 with a market capitalization of $1.19B. The stock is valued at a price-to-earnings (P/E) ratio of 13.27, price-to-book of 1.01, price-to-sales of 3.45. Over the past 52 weeks the stock has ranged between $21.32 and $31.25, and currently trades 6.7% below its 52-week high. It pays a dividend yielding 3.55%.

On profitability, Heritage Financial Corporation generates a return on equity (ROE) of 7.69%, return on capital employed of 0.57%, an operating margin of 23.21%, a net profit margin of 23.17%.

Heritage Financial Corporation by the numbers, 2016–2025

Between 2016 and 2025 Heritage Financial Corporation reported revenue of $170.0M rising to $336.0M, a change of +97.6% across 10 years. Compounded, revenue has grown 5.9% a year over five years, 9.3% over three, 6.0% over the last twelve months. Net profit rose to $68.0M.

Operating margin went from 31.0% in 2016 to 23.1% in 2025, a fall of 7.8 percentage points. The most recent net margin is 23.17%. On a trailing twelve-month basis to Jun '26, revenue is $336.0M and net profit $78.0M.

Borrowings fell from $121.0M to $42.0M, cash from operations was $95.0M in the latest year, positive in 10 of the last 10.

Return on equity has averaged 8.3% over five years, and was 7.4% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Heritage Financial Corporation (HFWA) — frequently asked questions