Savings Institutions, Not Federally Chartered · SIC 6036

HERITAGE FINANCIAL CORP /WA/

HFWA

Watch

Latest revenue

$13.7M

as of 2026-03-31

Latest net income

$18.9M

as of 2026-03-31

Net margin

138.4%

as of 2026-03-31

Price · 5Y

+2.7% / yr 11.1 pts / yr vs S&P 500 14.1% total
Compare:

Live market

delayed ≤15 min
$27.18
0.15%
Market cap
$1.12B
Enterprise value
$1.12B
P/E (trailing)
16.6×
Forward P/E
P/B
Dividend yield
3.5%
52-wk high
$28.98
52-wk low
$21.32
Beta
Shares out
41.2M

5-year trend

About HFWA

Business description and risk factors will appear here once HFWA's latest filing is fully ingested.

Profitability

Net margin

20.1%

47.4%

Return on equity

7.3%

46.3%

Return on assets

1.0%

59.2%

Leverage

Debt / equity

6.56×

9.2%

Long-term debt / equity

0.02×

5.1%

Debt / assets

86.8%

1.2%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$13.7M+8.2%$18.9M+36.2%138.4%

Q4 2025

2025-12-31

$317.9M+7.1%$22.2M+86.4%7.0%

Q3 2025

2025-09-30

$3.6M+54.6%$19.2M+67.8%529.5%

Q2 2025

2025-06-30

$1.8M-18.4%$12.2M-13.7%681.3%

Q1 2025

2025-03-31

$12.7M-19.7%$13.9M+142.0%109.9%

Q4 2024

2024-12-31

$296.9M$11.9M4.0%

Q3 2024

2024-09-30

$2.3M-38.9%$11.4M-37.3%487.7%

Q2 2024

2024-06-30

$2.2M-17.2%$14.2M-16.0%644.5%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Savings Institutions, Not Federally Chartered · SIC 6036

No data yet for industry average

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Insider activity

Insider buying

$426.4K

Insider selling

$376.8K

Net activity

+$49.6K

Distinct insiders

5

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-05-01

Sabrina C Robison

EVP Chief HR Officer

Sale716$27.51$19.7K
2026-05-01

Sabrina C Robison

EVP Chief HR Officer

Sale4,724$27.61$130.4K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns HFWA

Institutional value

$490.0M

Total shares held

19.0M

Distinct holders

113

-59 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BlackRock, Inc.5.6M$144.6M+648.8K (+13.2%)Added
2JENNISON ASSOCIATES LLC3.2M$83.6M+106.3K (+3.4%)Added
3DIMENSIONAL FUND ADVISORS LP2.0M$50.9M-22.1K (-1.1%)Trimmed
4VANGUARD CAPITAL MANAGEMENT LLC1.8M$48.0MNew
5Boston Partners690.3K$18.0MNew
6VANGUARD PORTFOLIO MANAGEMENT LLC653.7K$17.0MNew
7Algebris (UK) Ltd518.4K$13.5M-523.0K (-50.2%)Trimmed
8Bank of New York Mellon Corp379.4K$9.9M+12.9K (+3.5%)Added
9HEARTLAND ADVISORS INC275.0K$7.2M+0 (+0.0%)No change
10VANGUARD FIDUCIARY TRUST CO266.9K$6.9MNew
11Invesco Ltd.255.3K$6.6M-9.3K (-3.5%)Trimmed
12ProShare Advisors LLC249.9K$6.5M-2.0K (-0.8%)Trimmed
13Nuveen, LLC235.0K$6.1M+423 (+0.2%)Added
14UBS Group AG226.5K$5.9M+120.0K (+112.6%)Added
15PRINCIPAL FINANCIAL GROUP INC199.6K$5.2M+410 (+0.2%)Added
16Russell Investments Group, Ltd.198.5K$5.2M+14.4K (+7.8%)Added
17KILEY JUERGENS WEALTH MANAGEMENT, LLC175.1K$4.6M-2.4K (-1.4%)Trimmed
18GREAT LAKES ADVISORS, LLC171.2K$4.5M+3.5K (+2.1%)Added
19Public Sector Pension Investment Board147.1K$3.8M+29.4K (+24.9%)Added
20DEPRINCE RACE & ZOLLO INC131.6K$3.4M+10.7K (+8.9%)Added

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once HFWA's latest filing finishes processing.