Heritage Financial
HFWA
Market cap $799M

22.76 USD

-0.64

2.74%

At close Jun 13, 4:00 PM EDT

After hours

22.76

+0.00

0.00%

1 day

-2.74%

5 days

-3.03%

1 month

-5.99%

3 months

-2.07%

6 months

-13.03%

Year to date

-5.36%

1 year

33.49%

5 years

24.37%

10 years

29.69%

About: Heritage Financial Corp is a bank holding company. The company through its subsidiary provides commercial lending and deposit relationships with small businesses and their owners in its market areas and attracts deposits from the general public. It accepts various deposit products, such as noninterest demand accounts, money market accounts, savings accounts, and certificates of deposit. Besides, the Bank also makes real estate construction loans, land development loans, and consumer loans, and originates first mortgage loans on residential properties mainly located in its market area. Geographically, all the business activity functions through the region of the United States.

Employees: 761

Financials Banks - Regional

0

Funds holding %

of 7,296 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

286% more call options, than puts

Call options by funds: $27K | Put options by funds: $7K

76% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 17

6% more funds holding

Funds holding: 170 [Q4 2024] → 180 (+10) [Q1 2025]

2.84% more ownership

Funds ownership: 81.14% [Q4 2024] → 83.98% (+2.84%) [Q1 2025]

2% more capital invested

Capital invested by funds: $679M [Q4 2024] → $694M (+$15.5M) [Q1 2025]

17% less repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 64

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Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$26

14%

upside

Avg. target

$29

25%

upside

High target

$31

36%

upside

2 analyst ratings

1 positive

50%

1 neutral

50%

0 negative

0%

Piper Sandler Matthew Clark	36%upside $31	Overweight Maintained	28 Apr 2025
Keefe, Bruyette & Woods Kelly Motta	14%upside $26	Market Perform Maintained	28 Apr 2025

See Analyst Rankings

Financial journalist opinion

Heritage Financial: Positioned For Accretive Growth

Heritage Financial is well-positioned for growth in the Pacific Northwest, leveraging a strong capital base and potential for M&A-driven expansion. The bank boasts a low-cost, stable deposit base and excellent credit quality, supporting above-peer profitability and resilience. Management succession is smooth, with no expected strategic shifts; capital will focus on organic growth and acquisitions rather than buybacks.

Heritage Financial: Positioned For Accretive Growth

Heritage Financial Names Bryan D. McDonald President and CEO and Appoints Him to the Board of Directors

OLYMPIA, Wash. , May 6, 2025 /PRNewswire/ -- Heritage Financial Corporation (Nasdaq: HFWA) ("Company"), parent company of Heritage Bank ("Bank"), announced today that Bryan D.

Heritage Financial Names Bryan D. McDonald President and CEO and Appoints Him to the Board of Directors

Heritage Financial Q1: Still Sitting On The Sidelines

Despite a 39.8% stock increase, I maintain a "Hold" rating on Heritage Financial Corporation shares due to high uninsured deposit exposure and mediocre asset quality. Q1 2025 showed revenue and earnings growth, but fell short of analysts' expectations, causing a 1.5% drop in share price. Heritage Financial's balance sheet shows rising deposits and reduced debt, but office asset exposure and high vacancy rates are concerning.

Heritage Financial Q1: Still Sitting On The Sidelines

Heritage Financial Corporation (HFWA) Q1 2025 Earnings Conference Call Transcript

Heritage Financial Corporation (NASDAQ:HFWA ) Q1 2025 Earnings Conference Call April 24, 2025 1:00 PM ET Company Participants Bryan McDonald - CEO, Heritage Bank Don Hinson - CFO Tony Chalfant - Chief Credit Officer Jeffery Deuel - CEO, Heritage Financial Conference Call Participants Jeff Rulis - D.A. Davidson Jackson Laurent - Stephens Kelly Motta - KBW Adam Butler - Piper Sandler Operator Hello, everyone, and a warm welcome to the Heritage Financial Q1 Earnings Call.

Heritage Financial Corporation (HFWA) Q1 2025 Earnings Conference Call Transcript

Zacks Investment Research

Heritage Financial (HFWA) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Although the revenue and EPS for Heritage Financial (HFWA) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Heritage Financial (HFWA) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Zacks Investment Research

Heritage Financial (HFWA) Q1 Earnings Top Estimates

Heritage Financial (HFWA) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.40 per share a year ago.

Heritage Financial (HFWA) Q1 Earnings Top Estimates

HERITAGE FINANCIAL ANNOUNCES FIRST QUARTER 2025 RESULTS AND DECLARES REGULAR CASH DIVIDEND OF $0.24 PER SHARE

First Quarter 2025 Highlights Net income was $13.9 million, or $0.40 per diluted share, compared to $11.9 million, or $0.34 per diluted share, for the fourth quarter of 2024. Results included a pre-tax loss on sale of securities of $3.9 million resulting in a negative impact of $0.09 per diluted share, which is the same impact as for the fourth quarter of 2024.

HERITAGE FINANCIAL ANNOUNCES FIRST QUARTER 2025 RESULTS AND DECLARES REGULAR CASH DIVIDEND OF $0.24 PER SHARE

Zacks Investment Research

This is Why Heritage Financial (HFWA) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Heritage Financial (HFWA) have what it takes?

This is Why Heritage Financial (HFWA) is a Great Dividend Stock

Zacks Investment Research

Heritage Financial (HFWA) Could Be a Great Choice

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Heritage Financial (HFWA) have what it takes?

Heritage Financial (HFWA) Could Be a Great Choice

Heritage Financial Announces Earnings Release Date and Conference Call

OLYMPIA, Wash. , March 27, 2025 /PRNewswire/ -- Heritage Financial Corporation (Nasdaq: HFWA) (the "Company" or "Heritage") anticipates issuing its first quarter earnings release on Thursday, April 24, 2025 before the market opens.

Heritage Financial Announces Earnings Release Date and Conference Call

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