Heritage Financial Corporation
HFWAFinancial ServicesNASDAQBanks - Regional
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Daily timeframeHeritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and its owners in the United States. Valued at $1.12B, HFWA is a small-cap name in its sector. It accepts various deposit products, such as noninterest demand deposits, interest bearing demand deposits, money market accounts, savings accounts, personal checking accounts, and certificates of deposit.
Market Cap
$1.12B
Beta
0.50
P/E (TTM)
13.36
P/E (Fwd)
9.75
EPS (TTM)
$2.04
EPS (Fwd)
$2.79
ROE
7.3%
ROA
0.9%
Cash
$284.8M
Total Debt
$59.0M
Free CF
—
52W Change
19.1%
Annual Financials
Cash vs Debt
The balance sheet looks solid with $284.8M in cash comfortably exceeding the $59.0M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. ROE of 7.3% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 0.9% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $249.0M (2022) to $246.1M (2025).
HFWA's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. With cash comfortably exceeding debt, HFWA has financial flexibility that may help navigate uncertain periods. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Heritage Financial Corporation's trajectory.