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Company Analysis

Heritage Financial Corporation HFWA

A comprehensive view of key metrics, scores, and financial health for Heritage Financial Corporation

Overview of Heritage Financial Corporation

HFWA NMS
Financial Services Banks - Regional Small Cap
Heritage Financial Corporation (HFWA), is a Small Cap company, in the Banks - Regional industry, last closed at $24.89, about 9.3% undervalued vs fair value, +4.6% 1Y return, placing in the top 25% of its sector.
$24.89
-0.80%
As of March 13, 2026
Previous close • Vol 90d: 31.8%
52-Week Range
Market Cap
$1.02B
Enterprise Value
$1.01B
Overall Score
Scores locked

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Top Beats
No strong beats yet

Quick Facts

Website https://www.hf-wa.com
HQ Olympia, WA
Employees 742
Fiscal year Dec 31

Next Events

No upcoming events available.

Fair Value Snapshot

Bear Base Bull
$15
$27
$51
Current: $24.89 +9% vs base

Engine Room Money Flow™

Small Cap

Financial Services - Where revenue goes and how value is created

Flow Steps
Interest Income
$309.7M
8.9%%
Interest Expense
$89.8M
Net Interest Income
$209.4M
-7%%
Total Revenue
$336.0M
54.9%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Financial Services

Quality & Reliability Indicators

Return on Equity
5.0%
Poor

Net Income / Equity - key bank profitability metric

Locked Metric
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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$38.2M
88.2% of Net Income

Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
2
Active Leaks
0/2
Improving
0
High Impact
1
Critical
Locked Leak
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Moat Analysis Bank Specialized

Competitive Advantage Assessment

Evaluating Heritage Financial Corporation's durable competitive advantages across 6 defense dimensions

Overall Moat Strength
51
/100
Moderate
Scores based on quantitative metrics and qualitative factors

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Deposit Franchise

Developing
38
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For informational purposes only. Not investment advice.

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

Banks (Regional & Diversified) vs Industry Peers 91% Coverage
Trade-Off Triangle Visualization A ternary plot showing HFWA's balance between Growth (32.4%), Profitability (41.2%), and Safety (26.4%). Growth 32% Safety 26% Profitability 41%

Click axes to expand details. Marker shows current allocation.

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Growth

29th percentile vs peers
29
Key Signals
Rev Growth YoY 54.9% 47p Revenue CAGR 3Y 10.5% 23p Asset Growth YoY -2.0% 12p
Strengths

No notable strengths identified for this axis.

Risks
  • Asset Growth Yoy in bottom 20% of peers (-2.0%)
  • Growth below peer median (percentile: 29)

Profitability

37th percentile vs peers
37
Key Signals
Strengths
Risks
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Safety

23th percentile vs peers
24
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Heritage Financial Corporation.

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Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$27.20
- - -
+9.3% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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