HFWA

Heritage Financial Corporation NASDAQ

Financial Services ·Banks - Regional ·US · hf-wa.com

$27.00

Mkt Cap $917.9M

52w Low $21.32 74.2% of range 52w High $28.98

50d MA $26.41 200d MA $24.81

P/E (TTM) 13.9x

EV/EBITDA 10.0x

P/B 1.0x

Debt/Equity 0.1x

ROE 7.3%

P/FCF 9.4x

RSI (14) —

ATR (14) —

Beta 0.48

50d MA $26.41

200d MA $24.81

Avg Volume 311.4K

About

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 certific…

Recent Earnings

Date	Time	Est	Rptd	Surp	Base	Gap%	D1%	D2%	D3%	D4%	D5%	1M%	Guide ▲★
Apr 23, 2026	AMC	0.57	0.59	+3.5%	27.70	-0.6%	-4.4%	-1.3%	-0.4%	-1.8%	-0.6%	—	—
Jan 22, 2026	AMC	0.57	0.66	+15.8%	28.14	+0.7%	-5.5%	-6.4%	-7.6%	-10.4%	-9.5%	-3.7%	—
Oct 23, 2025	AMC	0.55	0.56	+2.4%	23.05	+0.7%	+0.3%	+0.3%	+1.3%	-2.1%	-2.6%	+1.1%	—
Jul 24, 2025	AMC	0.50	0.53	+6.7%	23.25	-0.1%	+0.8%	+1.0%	+0.5%	-2.2%	-3.1%	+3.7%	—
Apr 24, 2025	AMC	0.45	0.49	+8.5%	22.99	-1.1%	-1.7%	-1.0%	-0.2%	-0.7%	+0.2%	+2.7%	—
Jan 23, 2025	AMC	0.45	0.51	+13.3%	24.85	+0.4%	-0.8%	+2.8%	+1.6%	+2.5%	+2.9%	-2.8%	—
Oct 24, 2024	AMC	0.41	0.33	-19.5%	22.36	+1.0%	-0.1%	+2.7%	+2.8%	+3.4%	+2.8%	+19.8%	—
Jul 25, 2024	AMC	0.40	0.41	+2.5%	22.98	-0.8%	+0.6%	-1.8%	+0.8%	+0.8%	-1.0%	-1.0%	—
Apr 25, 2024	AMC	0.40	0.40	+0.4%	18.09	-0.6%	-1.2%	-2.4%	-1.9%	+0.9%	+4.1%	-0.6%	—
Jan 25, 2024	AMC	0.45	0.47	+3.7%	20.58	-0.5%	+0.0%	+0.6%	-1.5%	-2.1%	-7.1%	-11.8%	—
Oct 19, 2023	AMC	0.43	0.51	+18.6%	17.52	+0.5%	-3.8%	-5.3%	-8.7%	-8.8%	-5.9%	+2.1%	—
Jul 20, 2023	AMC	0.48	0.48	+0.0%	18.40	+0.9%	-4.8%	-1.0%	-0.8%	+2.0%	+0.2%	-5.5%	—

Recent Analyst Ratings

Date	Firm	Action	Grade	Target	Base	Open	Gap%	D1%	D2%	D3%	D4%	D5%
Apr 27	Piper Sandler	Maintains	Overweight → Overweight	—	$26.47	$26.47	+0.0%	+3.3%	+4.2%	+2.8%	+4.0%	+4.3%
Apr 2	Piper Sandler	Maintains	Overweight → Overweight	—	$26.15	$25.65	-1.9%	-0.2%	+1.2%	+2.0%	+4.8%	+6.5%
Feb 5	Piper Sandler	Maintains	Overweight → Overweight	—	$27.11	$27.28	+0.6%	+2.5%	+4.0%	+3.7%	+2.3%	+2.5%
Jan 26	Stephens & Co.	Maintains	Equal Weight → Equal Weight	—	$26.58	$26.56	-0.1%	-0.9%	-2.2%	-5.2%	-4.1%	-2.9%
Jan 23	DA Davidson	Maintains	Buy → Buy	—	$28.14	$28.35	+0.7%	-5.5%	-6.4%	-7.6%	-10.4%	-9.5%
Sep 29	DA Davidson	Maintains	Buy → Buy	—	$24.85	$25.00	+0.6%	-0.8%	-2.7%	-2.8%	-3.3%	-2.1%
Sep 29	Keefe, Bruyette & Woods	Maintains	Market Perform → Market Perform	—	$24.85	$25.00	+0.6%	-0.8%	-2.7%	-2.8%	-3.3%	-2.1%
Sep 26	DA Davidson	Maintains	Buy → Buy	—	$24.60	$24.83	+0.9%	+1.0%	+0.2%	-1.7%	-1.8%	-2.3%
Apr 28	Keefe, Bruyette & Woods	Maintains	Market Perform → Market Perform	—	$22.60	$22.58	-0.1%	+0.8%	+1.5%	+1.0%	+1.9%	+4.3%
Apr 28	Piper Sandler	Maintains	Overweight → Overweight	—	$22.60	$22.58	-0.1%	+0.8%	+1.5%	+1.0%	+1.9%	+4.3%
Oct 29	Stephens & Co.	Maintains	Equal Weight → Equal Weight	—	$22.97	$23.00	+0.1%	+0.1%	+0.6%	+0.1%	+1.0%	+1.1%
Oct 28	Piper Sandler	Maintains	Overweight → Overweight	—	$22.34	$22.67	+1.5%	+2.8%	+2.9%	+3.4%	+2.9%	+3.8%
Jul 29	Piper Sandler	Maintains	Overweight → Overweight	—	$23.12	$23.29	+0.7%	-2.4%	+0.2%	+0.2%	-1.6%	-2.6%
Jul 26	Keefe, Bruyette & Woods	Maintains	Market Perform → Market Perform	—	$22.98	$22.79	-0.8%	+0.6%	-1.8%	+0.8%	+0.8%	-1.0%
Jun 26	Keefe, Bruyette & Woods	Maintains	Market Perform → Market Perform	—	$16.84	$16.70	-0.8%	+2.0%	+3.8%	+7.1%	+6.3%	+6.2%
Mar 13	Stephens & Co.	Maintains	Equal Weight → Equal Weight	—	$18.84	$18.76	-0.4%	-0.1%	-3.0%	-2.4%	-5.1%	-4.5%
Jan 26	DA Davidson	Maintains	Buy → Buy	—	$20.58	$20.48	-0.5%	+0.0%	+0.6%	-1.5%	-2.1%	-7.1%
Jan 26	Keefe, Bruyette & Woods	Maintains	Market Perform → Market Perform	—	$20.58	$20.48	-0.5%	+0.0%	+0.6%	-1.5%	-2.1%	-7.1%
Jul 28	Stephens & Co.	Maintains	Equal Weight → Equal Weight	—	$18.43	$18.59	+0.9%	+1.8%	+1.8%	+0.4%	+1.8%	+3.4%
Apr 24	Piper Sandler	Maintains	Overweight → Overweight	—	$19.70	$18.88	-4.2%	-6.1%	-11.0%	-12.4%	-12.9%	-10.6%
Apr 24	Keefe, Bruyette & Woods	Downgrade	Outperform → Market Perform	—	$19.70	$18.88	-4.2%	-6.1%	-11.0%	-12.4%	-12.9%	-10.6%
Apr 6	Keefe, Bruyette & Woods	Maintains	Market Perform → Market Perform	—	$20.40	$20.40	+0.0%	+1.9%	+0.8%	-0.5%	-2.4%	-2.1%
Jun 29	DA Davidson	Upgrade	Neutral → Buy	—	$24.93	$25.23	+1.2%	+1.2%	+0.9%	+3.7%	+3.3%	+4.1%
Nov 12	DA Davidson	Downgrade	Buy → Neutral	—	$28.69	$27.66	-3.6%	-0.5%	-2.0%	-2.0%	-2.2%	-3.1%
Jul 26	Janney Capital	Downgrade	Buy → Neutral	—	$28.37	$27.21	-4.1%	-0.5%	-1.3%	-1.2%	+0.5%	-3.1%
Jul 26	Janney Montgomery Scott	Downgrade	Buy → Neutral	—	$28.37	$27.21	-4.1%	-0.5%	-1.3%	-1.2%	+0.5%	-3.1%
Apr 26	Sandler O'Neill	Downgrade	Buy → Hold	—	$30.70	$29.85	-2.8%	-0.9%	-0.2%	-1.4%	-1.3%	+0.3%
Apr 26	Piper Sandler	Downgrade	Buy → Hold	—	$30.70	$29.85	-2.8%	-0.9%	-0.2%	-1.4%	-1.3%	+0.3%
Mar 7	Stephens & Co.	Maintains	Equal Weight → Equal Weight	—	$31.58	$31.40	-0.6%	-2.5%	-2.7%	-0.3%	-0.8%	-0.5%
Jul 26	Keefe, Bruyette & Woods	Downgrade	Outperform → Market Perform	—	$36.60	$36.00	-1.6%	-0.4%	-1.6%	-4.6%	-4.2%	-2.3%
Jul 26	Keefe Bruyette & Woods	Downgrade	Outperform → Market Perform	—	$36.60	$36.00	-1.6%	-0.4%	-1.6%	-4.6%	-4.2%	-2.3%
May 2	Piper Sandler	Upgrade	Neutral → Overweight	—	$30.15	$31.85	+5.6%	+3.8%	+2.7%	+3.3%	+3.3%	+5.1%
May 2	PiperJaffray	Upgrade	Neutral → Overweight	—	$30.15	$31.85	+5.6%	+3.8%	+2.7%	+3.3%	+3.3%	+5.1%
Mar 12	Keefe Bruyette & Woods	Upgrade	Market Perform → Outperform	—	$31.20	$31.95	+2.4%	+3.2%	+3.0%	+1.6%	+2.2%	+3.0%
Mar 12	Keefe, Bruyette & Woods	Upgrade	Market Perform → Outperform	—	$31.20	$31.95	+2.4%	+3.2%	+3.0%	+1.6%	+2.2%	+3.0%
Nov 7	DA Davidson	Maintains	Buy → Buy	—	$31.50	$31.40	-0.3%	-2.5%	-4.9%	-6.2%	-6.5%	-5.7%
Oct 23	Keefe Bruyette & Woods	Downgrade	Outperform → Market Perform	—	$19.04	$18.55	-2.6%	-1.7%	-0.6%	-2.3%	-0.2%	-1.6%
Oct 23	Keefe, Bruyette & Woods	Downgrade	Outperform → Market Perform	—	$19.04	$18.55	-2.6%	-1.7%	-0.6%	-2.3%	-0.2%	-1.6%
Oct 5	Raymond James	Downgrade	Outperform → Market Perform	—	$18.79	$18.51	-1.5%	-0.5%	-2.8%	-1.2%	-1.6%	-2.1%
Oct 27	Keefe Bruyette & Woods	Maintains	Outperform → Outperform	—	$16.41	$16.23	-1.1%	+0.0%	+3.5%	+3.7%	+6.4%	+6.9%
Oct 27	Keefe, Bruyette & Woods	Maintains	Outperform → Outperform	—	$16.41	$16.23	-1.1%	+0.0%	+3.5%	+3.7%	+6.4%	+6.9%
Feb 28	FIG Partners	Upgrade	Market Perform → Outperform	—	$17.74	$17.80	+0.3%	-0.1%	-1.2%	+2.3%	+2.6%	+2.0%
Oct 25	Wunderlich Securities	Maintains	Buy → Buy	—	$16.28	$16.39	+0.7%	+0.1%	+0.8%	+0.3%	+0.7%	-0.9%
Oct 25	Wunderlich	Maintains	Buy → Buy	—	$16.28	$16.39	+0.7%	+0.1%	+0.8%	+0.3%	+0.7%	-0.9%
Oct 25	DA Davidson	Upgrade	Neutral → Buy	—	$16.28	$16.39	+0.7%	+0.1%	+0.8%	+0.3%	+0.7%	-0.9%
Oct 24	DA Davidson	Upgrade	Neutral → Buy	—	$15.89	$16.00	+0.7%	+2.5%	+2.5%	+3.3%	+2.8%	+3.1%
Aug 2	Wunderlich	Maintains	Buy → Buy	—	$15.91	$15.66	-1.6%	-1.1%	-0.7%	-0.9%	-1.6%	-1.4%
Aug 2	Wunderlich Securities	Maintains	Buy → Buy	—	$15.91	$15.66	-1.6%	-1.1%	-0.7%	-0.9%	-1.6%	-1.4%
Mar 14	FIG Partners	Maintains	Market Perform → Market Perform	—	$14.46	$14.50	+0.3%	+1.0%	+0.3%	-0.3%	+0.4%	+1.0%
Mar 13	Wunderlich	Maintains	Buy → Buy	—	$14.28	$14.33	+0.4%	+1.3%	+2.2%	+1.5%	+1.0%	+1.7%

Recent Filings

8-K · 8.01 !! High

Heritage Financial Corp -- 8-K 8.01: Material Event / Announcement

Heritage Financial Corp (HFWA) will distribute a dividend to shareholders of record as of May 6, 2026, with payment scheduled for May 20, 2026.

Apr 23

8-K

Unknown — 8-K Filing

HFWA's acquisition of Olympic appears complete based on pro forma financials, signaling the merged entity's scale and synergy potential, which investors should monitor for execution risks and integration costs impact on near-term earnings.

Apr 10

8-K · 8.01 !! High

Unknown — 8-K 8.01: Material Event / Announcement

HFWA experienced a cyber incident with uncertain financial impact and insurance recovery, creating near-term operational risk and potential material losses that investors should monitor closely.

Mar 23

8-K · 2.01 !!! Very High

Heritage Financial Corp -- 8-K 2.01: Acquisition Completed

Heritage Financial Corp completed its acquisition of Olympic Bank on January 31, 2026, expanding HFWA's asset base and market presence through the merger.

Feb 2

Data updated apr 25, 2026 1:21pm · Source: massive.com