NASDAQ: HFWA
Heritage Financial Corp Stock

$28.08+0.16 (+0.57%)
Updated Jun 22, 2026
HFWA Price
$28.08
Fair Value Price
$27.73
Market Cap
$1.16B
52 Week Low
$21.32
52 Week High
$29.29
P/E
13.57x
P/B
1.04x
P/S
3.79x
PEG
2.78x
Dividend Yield
3.42%
Revenue
$265.58M
Earnings
$72.57M
Gross Margin
100%
Operating Margin
31.95%
Profit Margin
27.3%
Debt to Equity
6.62
Operating Cash Flow
$90M
Beta
0.72
Next Earnings
Jul 23, 2026
Ex-Dividend
N/A
Next Dividend
N/A

HFWA Overview

Heritage Financial Corporation operates as the parent company for Heritage Bank, providing a comprehensive range of financial services to individuals and small to mid-sized businesses throughout the United States. The company's deposit offerings include various checking accounts (both interest and non-interest bearing), money market accounts, savings accounts, and certificates of deposit. Its extensive lending portfolio encompasses commercial and industrial financing, real estate loans for both owner-occupied and investment properties, residential mortgages for single to four-family dwellings, and funding for construction and land development projects. Additionally, it extends consumer loans, lines of credit, equipment financing, and commercial business loans to a wide array of sectors such as real estate, leasing, healthcare, hospitality, retail, and construction. Heritage Financial also originates loans backed by the U.S. Small Business Administration and delivers trust services along with professional financial guidance. As of January 27, 2022, the corporation managed 49 banking locations situated across Washington and Oregon. Established in 1927 and headquartered in Olympia, Washington, the company adopted its current name in 1998, having previously operated as Heritage Financial Corporation, M.H.C.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine HFWA's potential to beat the market

CHold
  • Stocks with a Zen Rating of Hold (C) had an average return of +7.53% per year. Learn More

Zen Rating Component Grades

C
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Bank

Industry Rating
D
HFWA
Ranked
#149 of 283

Top Ranked Stocks in Industry

Name / TickerPriceZen Rating
$97.28B
$29.56B
$71.45B
View Top Bank Stocks

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HFWA News

Overview

Due Diligence Score

Industry Average (37)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how HFWA scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

HFWA ($28.08) is overvalued by 1.26% relative to our estimate of its Fair Value price of $27.73 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
HFWA ($28.08) is not significantly undervalued (1.26%) relative to our estimate of its Fair Value price of $27.73 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
HFWA ($28.08) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more HFWA due diligence checks available for Premium users.

Valuation

HFWA fair value

Fair Value of HFWA stock based on Discounted Cash Flow (DCF)

Price
$28.08
Fair Value
$27.73
Overvalued by
1.26%
HFWA ($28.08) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
HFWA ($28.08) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
HFWA ($28.08) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

HFWA price to earnings (PE)

For valuing profitable companies with steady earnings

Company
13.57x
Industry
14.16x
Market
7.94x
HFWA is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
HFWA is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation

HFWA price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
1.04x
Industry
1.28x
HFWA is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

HFWA price to earnings growth (PEG)

For valuing profitable companies with growth potential

HFWA is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

HFWA's financial health

Profit margin

Revenue
$78.9M
Net Income
$18.9M
Profit Margin
24%
HFWA's Earnings (EBIT) of $84.84M... subscribe to Premium to read more.
Interest Coverage Financials
HFWA's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$8.5B
Liabilities
$7.4B
Debt to equity
6.62
HFWA's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
HFWA's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$14.0M
Investing
$90.9M
Financing
-$69.8M
HFWA's operating cash flow ($89.54M)... subscribe to Premium to read more.
Debt Coverage Financials

HFWA vs Bank Stocks

TickerZen RatingMarket Cap1d %P/EP/B
HFWAC$1.16B+0.57%13.57x1.04x
MCBB$1.17B+1.51%11.57x1.24x
UVSPC$1.17B+1.15%12.57x1.23x
OSBCC$1.14B+0.87%12.76x1.27x
HBTB$1.11B+0.59%13.98x1.48x

Heritage Financial Stock FAQ

What is Heritage Financial's quote symbol?

(NASDAQ: HFWA) Heritage Financial trades on the NASDAQ under the ticker symbol HFWA. Heritage Financial stock quotes can also be displayed as NASDAQ: HFWA.

If you're new to stock investing, here's how to buy Heritage Financial stock.

What is the 52 week high and low for Heritage Financial (NASDAQ: HFWA)?

(NASDAQ: HFWA) Heritage Financial's 52-week high was $29.29, and its 52-week low was $21.32. It is currently -4.13% from its 52-week high and 31.71% from its 52-week low.

How much is Heritage Financial stock worth today?

(NASDAQ: HFWA) Heritage Financial currently has 41,218,817 outstanding shares. With Heritage Financial stock trading at $28.08 per share, the total value of Heritage Financial stock (market capitalization) is $1.16B.

Heritage Financial stock was originally listed at a price of $15.69 in May 7, 1998. If you had invested in Heritage Financial stock at $15.69, your return over the last 28 years would have been 78.97%, for an annualized return of 2.1% (not including any dividends or dividend reinvestments).

How much is Heritage Financial's stock price per share?

(NASDAQ: HFWA) Heritage Financial stock price per share is $28.08 today (as of Jun 22, 2026).

What is Heritage Financial's Market Cap?

(NASDAQ: HFWA) Heritage Financial's market cap is $1.16B, as of Jun 23, 2026.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Heritage Financial's market cap is calculated by multiplying HFWA's current stock price of $28.08 by HFWA's total outstanding shares of 41,218,817.
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