Company research
HERITAGE FINANCIAL CORP /WA/
CIK 1046025Updated Nov 9, 2026
SecurityHFWA · NASDAQ · equity
HFWA price & chart
Loading TradingView…
NASDAQ:HFWA on TradingView ↗In the news
Heritage Financial Announces Earnings Release Date and Conference Call ↗
Seeking Alpha
Dividend Champion, Contender, And Challenger Highlights: Week Of November 15 ↗
Dividend Champion, Contender, And Challenger Highlights: Week November 1 ↗
Heritage Financial Corporation 2026 Q3 - Results - Earnings Call Presentation ↗
SEC disclosures
HERITAGE FINANCIAL CORP /WA/ files 8-K: Material Event ↗
Recent filings
10-Q filing
SCHEDULE 13G/A - filed by JENNISON ASSOCIATES LLC regarding HERITAGE FINANCIAL CORP /WA/
Results of Operations and Financial Condition · Regulation FD Disclosure · Other Events
Items 2.02, 7.01, 8.01, 9.01
SCHEDULE 13G - filed by DIMENSIONAL FUND ADVISORS LP regarding HERITAGE FINANCIAL CORP /WA/
10-Q filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 7,011,879,000Source | 7,153,363,000Source | 8,430,566,000Source | 7,070,641,000Source | 7,059,857,000Source | 8,498,404,000Source | 7,129,862,000Source | 7,091,283,000Source | 6,967,350,000Source | 7,106,278,000Source | 7,174,957,000Source | 6,980,100,000Source |
| Property, Plant and Equipment, NetUSD | 70,382,000Source | 72,500,000Source | 98,034,000Source | 71,111,000Source | 73,218,000Source | 100,509,000Source | 71,079,000Source | 74,092,000Source | 74,690,000Source | 71,580,000Source | 74,899,000Source | 76,930,000Source |
| GoodwillUSD | 240,939,000Source | 240,939,000Source | 279,029,000Source | 240,939,000Source | 240,939,000Source | 279,029,000Source | 240,939,000Source | 240,939,000Source | 240,939,000Source | 240,939,000Source | 240,939,000Source | 240,939,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | — | — | — | — | — | — | — | — | — | — | — | 7,227,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 245,491,000Source | 175,572,000Source | 204,375,000Source | 254,096,000Source | 113,757,000Source | 268,143,000Source | 248,660,000Source | 189,647,000Source | 233,089,000Source | 117,100,000Source | 224,973,000Source | 103,590,000Source |
| Operating Lease, Right-of-Use AssetUSD | — | — | — | — | — | — | — | — | 19,800,000Source | 22,400,000Source | 23,600,000Source | 22,700,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 6,107,815,000Source | 6,278,849,000Source | 7,320,874,000Source | 6,182,429,000Source | 6,209,350,000Source | 7,382,713,000Source | 6,248,347,000Source | 6,243,703,000Source | 6,045,846,000Source | 6,242,751,000Source | 6,321,696,000Source | 6,182,207,000Source |
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 529,949,000Source | 534,917,000Source | 707,889,000Source | 528,758,000Source | 541,294,000Source | 716,432,000Source | 532,124,000Source | 544,636,000Source | 531,100,000Source | 531,674,000Source | 549,748,000Source | 552,397,000Source |
| Retained Earnings (Accumulated Deficit)USD | 407,561,000Source | 383,127,000Source | 439,799,000Source | 396,643,000Source | 379,714,000Source | 432,255,000Source | 392,737,000Source | 373,629,000Source | 421,619,000Source | 387,097,000Source | 375,989,000Source | 345,346,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -33,446,000Source | -43,530,000Source | -37,996,000Source | -37,189,000Source | -70,501,000Source | -32,996,000Source | -43,346,000Source | -70,685,000Source | -31,215,000Source | -55,244,000Source | -72,476,000Source | -99,850,000Source |
| Stockholders' Equity Attributable to ParentUSD | 904,064,000Source | 874,514,000Source | 1,109,692,000Source | 888,212,000Source | 850,507,000Source | 1,115,691,000Source | 881,515,000Source | 847,580,000Source | 921,504,000Source | 863,527,000Source | 853,261,000Source | 797,893,000Source |
| Liabilities and EquityUSD | 7,011,879,000Source | 7,153,363,000Source | 8,430,566,000Source | 7,070,641,000Source | 7,059,857,000Source | 8,498,404,000Source | 7,129,862,000Source | 7,091,283,000Source | 6,967,350,000Source | 7,106,278,000Source | 7,174,957,000Source | 6,980,100,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Deferred Income Tax Expense (Benefit)USD | — | — | — | — | — | — | -11,353,000Source | 767,000Source | -17,939,000Source | -15,291,000Source | -13,204,000Source | 871,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 13,969,000Source | 19,253,000Source | 94,819,000Source | 64,483,000Source | 109,523,000Source | 94,456,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | 90,854,000Source | 79,181,000Source | 186,750,000Source | -85,903,000Source | -93,446,000Source | -1,207,779,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 1,303,000Source | 1,172,000Source | 9,156,000Source | 3,459,000Source | 10,376,000Source | 4,016,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | 960,000Source | 838,000Source | 5,517,000Source | 22,418,000Source | 6,974,000Source | 3,196,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -69,769,000Source | 33,126,000Source | -165,580,000Source | -86,453,000Source | 105,306,000Source | -506,379,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | — | — | — | 8,151,000Source | 8,158,000Source | 32,649,000Source | 31,776,000Source | 30,820,000Source | 29,491,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | 35,054,000Source | 131,560,000Source | 115,989,000Source | -107,873,000Source | 121,383,000Source | -1,619,702,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 245,491,000Source | 175,572,000Source | 204,375,000Source | 254,096,000Source | 268,143,000Source | 248,660,000Source | 233,089,000Source | 117,100,000Source | 224,973,000Source | 103,590,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 20,191,000Source | 23,744,000Source | 90,145,000Source | 112,222,000Source | 46,135,000Source | 7,709,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | — | 0Source | 2,692,000Source | 1,505,000Source | 2,974,000Source | 5,035,000Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | 284,000Source | 399,000Source | 2,957,000Source | 302,000Source | 2,058,000Source | 303,000Source | 1,174,000Source | 1,640,000Source | 2,434,000Source | 2,750,000Source |
| Bank Owned Life Insurance IncomeUSD | — | — | 1,008,000Source | 860,000Source | 1,485,000Source | 1,280,000Source | 1,119,000Source | 918,000Source | 4,378,000Source | 2,967,000Source | 2,934,000Source | 3,747,000Source |
| Debt and Equity Securities, Realized Gain (Loss)USD | — | — | — | — | — | — | 0Source | -3,887,000Source | -10,741,000Source | -22,742,000Source | -12,231,000Source | -256,000Source |
| Debt Securities, Available-for-sale, Realized Gain (Loss)USD | — | — | 0Source | -6,945,000Source | -217,000Source | -6,854,000Source | 0Source | -3,887,000Source | -10,741,000Source | -22,742,000Source | -12,231,000Source | -256,000Source |
| Debt Securities, Realized Gain (Loss)USD | — | — | 0Source | -6,945,000Source | -217,000Source | -6,854,000Source | 0Source | -3,887,000Source | -10,741,000Source | -22,742,000Source | -12,231,000Source | — |
| DepreciationUSD | — | — | — | — | — | — | — | — | 5,800,000Source | 6,567,000Source | 6,300,000Source | 5,400,000Source |
| Depreciation, Amortization and Accretion, NetUSD | — | — | — | — | — | — | -1,022,000Source | 447,000Source | 956,000Source | 1,591,000Source | 3,170,000Source | 341,000Source |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on DisposalUSD | — | — | — | — | — | — | — | — | 0Source | 0Source | 610,000Source | — |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | — | — | -1,563,000Source | -2,705,000Source | 844,000Source | -863,000Source | 820,000Source | 9,000Source | -1,508,000Source | -6,983,000Source | -4,736,000Source | — |
| Gain (Loss) on Sale of InvestmentsUSD | — | — | — | — | — | — | — | — | — | — | — | -256,000Source |
| Gain (Loss) on Sale of Mortgage LoansUSD | — | — | — | — | — | — | — | 0Source | 0Source | 26,000Source | 343,000Source | — |
| Gain (Loss) on Disposition of Other AssetsUSD | — | — | 0Source | 1,480,000Source | 0Source | 5,000Source | 0Source | 3,000Source | 8,000Source | 1,552,000Source | 2,000Source | 469,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | — | — | — | — | — | — | 0Source | 1,480,000Source | 0Source | — |
| Gain (Loss) on Sales of Loans, NetUSD | — | — | 0Source | 0Source | — | 0Source | — | 0Source | 0Source | 26,000Source | 343,000Source | 633,000Source |
| GoodwillUSD | — | — | 240,939,000Source | 240,939,000Source | 279,029,000Source | 240,939,000Source | 279,029,000Source | 240,939,000Source | 240,939,000Source | 240,939,000Source | 240,939,000Source | 240,939,000Source |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Income Tax Expense (Benefit)USD | — | — | 3,137,000Source | 1,643,000Source | 3,178,000Source | 2,244,000Source | 3,450,000Source | 2,248,000Source | 11,071,000Source | 9,001,000Source | 11,160,000Source | 17,561,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 19,169,000Source | 11,423,000Source | 17,546,000Source | 12,215,000Source | 18,947,000Source | 13,911,000Source | 67,532,000Source | 43,258,000Source | 61,755,000Source | 81,875,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 19,169,000Source | 11,423,000Source | 17,546,000Source | 12,215,000Source | 18,947,000Source | 13,911,000Source | 67,532,000Source | 43,258,000Source | 61,755,000Source | — |
| Other Interest and Dividend IncomeUSD | — | — | — | — | — | — | — | — | — | — | — | 9,067,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | — | — | — | — | — | — | 38,841,000Source | 31,270,000Source | 125,309,000Source | 130,488,000Source | 178,855,000Source | 181,487,000Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Provision for Loan, Lease, and Other LossesUSD | — | — | — | — | — | — | -1,030,000Source | 51,000Source | 1,968,000Source | 6,282,000Source | 4,280,000Source | -1,426,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | — | — | 1,775,000Source | 2,439,000Source | -921,000Source | 956,000Source | -1,030,000Source | 51,000Source | 1,968,000Source | 6,282,000Source | 4,280,000Source | — |
| Unrealized Gain (Loss) on DerivativesUSD | — | — | — | — | — | — | — | — | — | 0Source | 0Source | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 22,306,000Source | 13,066,000Source | 20,724,000Source | 14,459,000Source | 22,397,000Source | 16,159,000Source | 78,603,000Source | 52,259,000Source | 72,915,000Source | 99,436,000Source |
| Income Tax Expense (Benefit)USD | — | — | 3,137,000Source | 1,643,000Source | 3,178,000Source | 2,244,000Source | 3,450,000Source | 2,248,000Source | 11,071,000Source | 9,001,000Source | 11,160,000Source | 17,561,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 19,169,000Source | 11,423,000Source | 17,546,000Source | 12,215,000Source | 18,947,000Source | 13,911,000Source | 67,532,000Source | 43,258,000Source | 61,755,000Source | 81,875,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.56Source | 0.33Source | 0.42Source | 0.36Source | 0.49Source | 0.41Source | 1.99Source | 1.26Source | 1.76Source | 2.33Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.55Source | 0.33Source | 0.42Source | 0.36Source | 0.48Source | 0.4Source | 1.96Source | 1.24Source | 1.75Source | 2.31Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 33,953,810Source | 34,322,069Source | 41,079,781Source | 34,028,592Source | 38,683,375Source | 34,012,490Source | 33,996,149Source | 34,465,323Source | 35,022,247Source | 35,103,465Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 34,413,386Source | 34,658,674Source | 41,541,763Source | 34,446,710Source | 39,104,569Source | 34,506,238Source | 34,456,904Source | 34,899,036Source | 35,258,189Source | 35,463,896Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | 284,000Source | 399,000Source | 2,957,000Source | 302,000Source | 2,058,000Source | 303,000Source | 1,174,000Source | 1,640,000Source | 2,434,000Source | 2,750,000Source |
| Bank Owned Life Insurance IncomeUSD | — | — | 1,008,000Source | 860,000Source | 1,485,000Source | 1,280,000Source | 1,119,000Source | 918,000Source | 4,378,000Source | 2,967,000Source | 2,934,000Source | 3,747,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | 0.24Source | 0.23Source | 0.24Source | 0.24Source | 0.24Source | 0.24Source | 0.96Source | 0.92Source | 0.88Source | 0.84Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | 29,010,000Source | 24,292,000Source | 24,364,000Source | 16,690,000Source |
| Debt and Equity Securities, Realized Gain (Loss)USD | — | — | — | — | — | — | 0Source | -3,887,000Source | -10,741,000Source | -22,742,000Source | -12,231,000Source | -256,000Source |
| Debt Securities, Realized Gain (Loss)USD | — | — | 0Source | -6,945,000Source | -217,000Source | -6,854,000Source | 0Source | -3,887,000Source | -10,741,000Source | -22,742,000Source | -12,231,000Source | — |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | — | — | -1,563,000Source | -2,705,000Source | 844,000Source | -863,000Source | 820,000Source | 9,000Source | -1,508,000Source | -6,983,000Source | -4,736,000Source | — |
| Goodwill, Impairment LossUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | — | — | — | — | — | 78,603,000Source | — | — | — |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 59,310,000Source | 8,072,000Source |
| InterestExpenseOperatingUSD | — | — | 22,137,000Source | 26,859,000Source | 22,858,000Source | 23,517,000Source | 21,456,000Source | 23,676,000Source | 89,831,000Source | 100,348,000Source | — | — |
| Interest Expense, Securities Sold under Agreements to RepurchaseUSD | — | — | — | 0Source | — | — | — | — | 0Source | 0Source | 153,000Source | — |
| Interest Income (Expense), NetUSD | — | — | 57,371,000Source | 52,958,000Source | 74,816,000Source | 54,983,000Source | 69,219,000Source | 53,690,000Source | 224,405,000Source | 209,364,000Source | 225,155,000Source | 219,385,000Source |
| Interest Revenue (Expense), NetUSD | — | — | — | — | — | — | — | — | — | -273,927,000Source | — | — |
| Labor and Related ExpenseUSD | — | — | 26,082,000Source | 24,367,000Source | 35,769,000Source | 25,467,000Source | 33,972,000Source | 25,799,000Source | 104,023,000Source | 98,527,000Source | 100,083,000Source | 92,092,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 19,169,000Source | 11,423,000Source | 17,546,000Source | 12,215,000Source | 18,947,000Source | 13,911,000Source | 67,532,000Source | 43,258,000Source | 61,755,000Source | — |
| Other Interest and Dividend IncomeUSD | — | — | — | — | — | — | — | — | — | — | — | 9,067,000Source |
| Taxes, MiscellaneousUSD | — | — | — | — | — | — | — | — | — | — | — | 3,634,000Source |
Offerings
Registration 333-291538
Filing attachments
ex-4210kq425.htm · 10-K · 2026-02-27
EXHIBIT 4.2 DESCRIPTION OF COMMON STOCK AND PREFERRED STOCK General Heritage Financial Corporation's ("Heritage") authorized capital stock consists of: • 50,000,000 shares of common stock, no par value per share; and • 2,500,000 shares of preferred stock, no par value per share. As of December 31, 2025, there were 33,963,500 shares of our common stock outstanding, and no shares of our preferred stock outstanding. Heritage’s common stock is traded on Nasdaq Global Select Market under the sy…
Read attachment ↗