HFWA Company Profile and Key Details

Q: Who are the executives of HFWA?

Ms. Kaylene M. LahnSenior Vice President & Corporation Sec.Ms. Sabrina C. RobisonSenior Vice President & Chief HR OfficerMs. Cindy M. HuntleyExecutive Vice President & Chief Banking Officer of Heritage BankMr. Anthony ChalfantExecutive Vice President & Chief Credit OfficerMr. Brian L. VanceChairmanMs. Cindy M. HirmanExecutive Vice President & Chief Banking Officer of Heritage BankMr. Bryan D. McDonaldPres & Chief Operating Officer of Heritage BankMr. William K. GlasbyExecutive Vice President & Chief Technology OfficerMr. Matthew T. RayExecutive Vice President & Chief Lending OfficerMr. Jeffrey J. DeuelPres, Chief Executive Officer & DirectorMr. Donald J. Hinson CPAExecutive Vice President & Chief Financial OfficerMr. Anthony W. ChalfantExecutive Vice President & Chief Credit Officer

NASDAQ : HFWA

Heritage Financial

$27.61

0.43+1.58%

At Close 4:00 PM

75.94

B+ESG ScoreESG Rating

Profile Key Stats Analyst Ratings Ownership Ratios Financials Dividend & splits Sentiment Forecast

Price Chart

Stock Price Today

Heritage Financial Corporation (HFWA) stock declined over -1.92%, trading at $27.08 on NASDAQ, down from the previous close of $27.61. The stock opened at $27.71, fluctuating between $27.01 and $27.71 in the recent session.

Stock Snapshot

27.61

Prev. Close

920.65M

Market Cap

27.01

Day Low

13.27

P/E Ratio

2.04

EPS (TTM)

2.84

Cash Flow per Share

27.71

Open

34M

Number of Shares

27.705

Day High

98.18%

Free Float in %

24.45

Book Value

164.41K

Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing Date	Accepted Date

Annual Report (10-k)

Filing Date	Accepted Date

Stock Price History Chart

Date	Open	High	Low	Close	Volume
May 26, 2026	27.28	27.67	26.79	27.61	229.31K
May 22, 2026	27.30	27.39	27.07	27.18	173.31K
May 21, 2026	26.93	27.36	26.52	27.14	237.45K
May 20, 2026	26.57	27.22	26.39	27.17	276.95K
May 19, 2026	26.49	26.69	26.23	26.55	169.62K
May 18, 2026	26.11	26.65	25.84	26.63	205.55K
May 15, 2026	26.43	26.66	25.85	26.03	323.22K
May 14, 2026	26.37	26.77	26.37	26.48	200.94K
May 13, 2026	26.55	26.78	26.16	26.19	276.28K
May 12, 2026	26.94	27.00	26.14	26.75	261.99K
May 11, 2026	27.63	27.69	26.91	26.94	212.49K
May 08, 2026	27.44	27.60	27.25	27.52	187.2K
May 07, 2026	27.49	27.70	27.28	27.42	239.79K
May 06, 2026	27.39	27.64	27.27	27.46	202.03K
May 05, 2026	27.03	27.57	27.02	27.52	213.53K
May 04, 2026	27.36	27.60	26.97	27.00	244.75K
Apr 30, 2026	27.03	27.90	26.92	27.52	309.31K
Apr 29, 2026	27.63	27.63	26.88	27.21	317.59K
Apr 28, 2026	27.47	27.85	26.60	27.59	380.67K
Apr 27, 2026	26.47	27.40	26.44	27.34	329.89K

Contact Details

Olympia, WA 98501

United States

https://www.hf-wa.com 360 943 1500

About Company

Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States. The company accepts various deposit products, such as noninterest demand deposits, interest bearing demand deposits, money market accounts, savings accounts, personal checking accounts, and certificates of deposit. Its loan portfolio includes commercial and industrial loans, owner-occupied and non-owner occupied commercial real estate loans, one-to-four family residential loans, real estate construction and land development loans, consumer loans, commercial business loans, lines of credit, term equipment financing, and term real estate loans, as well as commercial business loans to a range of businesses in industries that include real estate and rental and leasing, healthcare, accommodation and food services, retail trade, and construction. The company also originates loans that are guaranteed by the U.S. Small Business Administration; and offers trust services, as well as objective advice. As of January 27, 2022, it had a network of 49 banking offices located in Washington and Oregon. The company was formerly known as Heritage Financial Corporation, M.H.C. and changed its name to Heritage Financial Corporation in 1998. Heritage Financial Corporation was founded in 1927 and is headquartered in Olympia, Washington.

Stock Peers

FCNCA

5.37+0.27%

First Citizens BancShares, Inc.$1,996.92 HIFS

1.75+0.61%

Hingham Institution for Savings$286.62 CATC

Cambridge Bancorp$220.00 BPOP

1.62+1.08%

Popular, Inc.$152.12 WTFC

1.52+1.01%

Wintrust Financial Corporation$151.41 BFC

-0.02-0.01%

Bank First Corporation$141.85 UMBF

3.18+2.42%

UMB Financial Corporation$134.39 BOKF

1.685+1.29%

BOK Financial Corporation$132.43 NBN

3.14+2.54%

Northeast Bank$126.64 CHCO

0.595+0.48%

City Holding Company$125.23

Company Overview

Heritage Financial Corporation (NASDAQ:HFWA) closed at $27.08 USD, losing -$0.53 (-1.92%) from the previous close of $27.61. The stock is currently mid-range between its 52-week high and low $21.32 and $28.98. With a market capitalization of about $920.65 million, Heritage Financial Corporation is classified as a small-cap and shows lower-than-market volatility (beta ~0.50). Key stats such as the average daily volume over the past year has been around 292.11 thousand shares, volume is running light vs its 52-week average. Headquartered in Olympia, WA, Heritage Financial Corporation operates in the Financial Services sector and the Banks - Regional industry. Led by CEO Bryan D. McDonald, the company employs approximately 757 people and listed since May 07, 1998. Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States.

Technical Performance

HFWA has shown sold momentum, gaining 3.24% over the past week and 13.01% over the past quarter, though year-to-date performance is up 5.07%. Short-term trend indicators are bearishly aligned (SMA20 -0.1%, SMA50 5.64%, SMA200 12.95%). The stock’s 14-day RSI is 54.03 (neutral), while the ATR of 0.89 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -5.42% below its high and over 38.16% above its low. Average 10-day trading volume of 215.37 thousand shares is below the 3-month average of 291.17 thousand, indicating normal recent market interest.

Valuation Metrics

Heritage Financial Corporation trades at a P/E ratio of 14.46, slightly below the S&P 500 average, with a price-to-sales ratio of 2.6 and a price-to-book ratio of 0.94 suggesting the stock is closer to book value. The P/FCF stands at 11.49, also below market averages.

Dividend & Fair Value

Heritage Financial Corporation last paid a dividend of 0.96 per share, this equals a trailing yield of roughly 4.22%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $27.41. This means the shares are trading near this model’s fair value.

Earnings & Analyst Outlook

Heritage Financial Corporation generated EPS of $1.96 over the past year. Five-year average earnings growth is 8.77%. The latest quarter delivered EPS of $0.59. The next quarter is forecast at $0.31. Next year's EPS is expected at -$13.15. Analyst sentiment is bullish. Analyst rating data shows there are 3 Strong Buy ratings, 3 Buy ratings, 2 Hold ratings, 0 Sell rating and 0 Strong Sell ratings. Price targets range from $35.00 to $28.00. The high target offers 26.77% upside. The low target suggests 1.41% downside. The mean target is $31.00. This offers 12.28% upside. Heritage Financial Corporation earnings surprise history is a consistent trend of beating forecasts. The quarter that ended April 23, 2026, missed forecasts by 3.51%. The prior quarter beat by 15.79%. Over the last six quarters, Apple has recorded several small beats. These include 13.33% in January 23, 2025.

Shareholding & Insider Activity

Heritage Financial Corporation has 33.95 million shares outstanding. The public float is 33.33 million shares, elevated short interest at 3.17% of float. This equals 896.86 thousand shares. The short ratio is 5.82 days. Institutional investors hold 88.42% of the float. Insiders own 1.59%. VANCE BRIAN L holds 92.36 thousand shares, Deuel Jeffrey J has 70.91 thousand shares and PICKERING ANTHONY has 48.08 thousand shares. Over the past six months, insider transactions show net selling. They sold 13.09 thousand shares across 4 transactions.

Financial & Profitability Overview

Over the trailing twelve months, Heritage Financial generated $303.13M in revenue, or $8.60 per share. Gross margin was 100.00%, operating margin 25.95%, and net profit margin 20.37%. Returns are modest, with ROA at 0.86% and ROE at 7.24%.
On valuation metrics, Heritage Financial trades at a P/E of 14.46, P/S of 2.60 and P/B of 0.94. The current ratio is 339.27 and quick ratio is 339.27. Operationally, the company’s inventory turnover is 0.00 and cash conversion cycle is 25.03 days. Debt-to-equity is 0.04, supported by a cash flow-to-debt ratio of 2.11.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2023, Heritage Financial posted revenue of $303.13M, down slightly from $248.98M in the prior quarter. Gross profit was $303.13M (margin 100.00%). Operating income was $78.66M (margin 25.9%). Net income was$61.76M (EPS $1.76).
The company ended the quarter with - $55.85M in cash and short-term investments, a total debt of $521.77M, and net debt of $296.79M. Total assets were $7.17B, with equity of $853.26M. Financials further reflected stability, with operating cash flow of $109.52M, free cash flow of $99.15M, and capital expenditures of - $10.38M.

Price Forecast & Outlook

Our AI price prediction model suggests that Heritage Financial Corporation stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected increase of 1.45%, with price expected at $28.01 by June 09, 2026, within a range of $27.46 to $28.54 3-Month Outlook: Projected rise of 36.73%, reaching $37.75 by August 24, 2026, with a range of $35.39 to $40.38. 1-Year Outlook: Projected gain of 12.97%, with price at $31.19 by May 26, 2027, within a range of $30.53 to $31.97.

Key Takeaways

Heritage Financial Corporation (NASDAQ:HFWA) shares are flat 5.07% year-to-date currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows Heritage Financial Corporation trading at a premium to the broader market with a P/E of 14.46. Analyst sentiment is bullish, with the majority of ratings in Overweight territory and a mean price target of $26.12, suggesting -5.4% downside. Our AI forecast model points to short-term strength (1.45% over two weeks), a medium-term rise (36.73% over three months), and a longer-term gain (12.97% over one year), with expected trading ranges indicating moderate volatility.

Frequently Asked Questions

What is the current Heritage Financial Corporation (HFWA) stock price?

Heritage Financial Corporation (NASDAQ: HFWA) stock price is $27.08 in the last trading session. During the trading session, HFWA stock reached the peak price of $27.71 while $27.01 was the lowest point it dropped to. The percentage change in HFWA stock occurred in the recent session was -1.92% while the dollar amount for the price change in HFWA stock was - $0.53.

HFWA's industry and sector of operation?

The NASDAQ listed HFWA is part of Banks - Regional industry that operates in the broader Financial Services sector. Heritage Financial Corporation designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Who are the executives of HFWA?

Ms. Kaylene M. Lahn
Senior Vice President & Corporation Sec.
Ms. Sabrina C. Robison
Senior Vice President & Chief HR Officer
Ms. Cindy M. Huntley
Executive Vice President & Chief Banking Officer of Heritage Bank
Mr. Anthony Chalfant
Executive Vice President & Chief Credit Officer
Mr. Brian L. Vance
Chairman
Ms. Cindy M. Hirman
Executive Vice President & Chief Banking Officer of Heritage Bank
Mr. Bryan D. McDonald
Pres & Chief Operating Officer of Heritage Bank
Mr. William K. Glasby
Executive Vice President & Chief Technology Officer
Mr. Matthew T. Ray
Executive Vice President & Chief Lending Officer
Mr. Jeffrey J. Deuel
Pres, Chief Executive Officer & Director
Mr. Donald J. Hinson CPA
Executive Vice President & Chief Financial Officer
Mr. Anthony W. Chalfant
Executive Vice President & Chief Credit Officer

How HFWA did perform over past 52-week?

HFWA's closing price is 29.5% higher than its 52-week low of $21.32 where as its distance from 52-week high of $28.98 is -4.73%.

How many employees does HFWA have?

Number of HFWA employees currently stands at 757.

Link for HFWA official website?

Official Website of HFWA is: https://www.hf-wa.com

How do I contact HFWA?

HFWA could be contacted at phone 360 943 1500 and can also be accessed through its website. HFWA operates from 201 Fifth Avenue SW, Olympia, WA 98501, United States.

How many shares of HFWA are traded daily?

HFWA stock volume for the day was 164.41K shares. The average number of HFWA shares traded daily for last 3 months was 292.11K.

What is the market cap of HFWA currently?

The market value of HFWA currently stands at $920.65M with its latest stock price at $27.08 and 34M of its shares outstanding.

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Employees	757
Beta	0.49
Sales or Revenue	$303.13M
5Y Sales Change%	0.301%
Fiscal Year Ends	December
Sector	Financial Services
Industry	Banks - Regional

HFWA Company Profile and Key Details

Heritage Financial

Price Chart

Stock Price Today

Stock Snapshot

Relevant Articles

SEC Fillings

Current Report (8-k)

Annual Report (10-k)

Stock Price History Chart

Contact Details

About Company

Company Information

Stock Peers

Company Overview

Technical Performance

Valuation Metrics

Dividend & Fair Value

Earnings & Analyst Outlook

Shareholding & Insider Activity

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Frequently Asked Questions

Technical Performance

Earnings & Analyst Outlook

Dividend & Fair Value

Company Overview

Shareholding & Insider Activity

Financial & Profitability Overview

Quarterly Financial Highlights

Valuation Metrics

Price Forecast & Outlook

Key Takeaways