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Heritage Financial HFWA Card revenue — Service charges, other fees and card revenue

Other product segments

Service charges and other fees
$3.59M+22.5%

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Other financials

Income statement

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Revenue$84.1M+48.9%
Net income$17.5M+43.6%
EPS (diluted)$0.42+16.7%

Balance sheet

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Cash & equivalents$204.4M-19.6%
Total debt$166.3M-36.8%
Total equity$1.1B+24.9%
Total assets$8.4B+19.2%

Cash flow

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Operating cash flow$23.1M+2.5%
CapEx$2.0M+24.7%
Free cash flow$21.1M+0.9%

Valuation

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Market cap$1.21B+59.5%
Enterprise value$1.17B+52.6%
P/E15.6×+0.2×
P/S4.1×+0.8×

Profitability

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Net margin26.5%+4.6pp
FCF margin27.3%-9.0pp

Returns & leverage

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Return on equity7.8%+2.1pp
Debt / equity0.1×-0.1×

Where this comes from

Reported directly by Heritage Financial in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Heritage Financial’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 11:44 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054673
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net interest income after (reversal of) provision for credit losses75,73754,027145,986107,666
NONINTEREST INCOME:
Service charges and other fees3,5922,9326,9595,907
Card revenue2,5952,0084,6983,741
Loss on sale of investment securities, net(217)(6,854)(217)(10,741)
Interest rate swap fees319319
Bank owned life insurance income1,4851,2802,6042,198
Gain on sale of other assets, net58

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Heritage Financial's card revenue — service charges, other fees and card revenue?
Heritage Financial (HFWA) reported card revenue — service charges, other fees and card revenue of $2.6M in Q2 2026.
How has Heritage Financial's card revenue — service charges, other fees and card revenue changed year-over-year?
Heritage Financial's card revenue — service charges, other fees and card revenue increased by 29.2% year-over-year, from $2.01M to $2.6M.
What is the long-term trend for Heritage Financial's card revenue — service charges, other fees and card revenue?
Over 4 years (2021 to 2025), Heritage Financial's card revenue — service charges, other fees and card revenue has grown at a -1.8% compound annual growth rate (CAGR), from $8.33M to $7.74M.
What does card revenue — service charges, other fees and card revenue mean?
This metric represents the aggregate non-interest income generated from banking service charges, account maintenance fees, and card-related transaction processing. It reflects the bank's ability to monetize customer relationships through recurring fee-based services rather than traditional interest-based lending activities. Monitoring this stream helps assess the diversification of revenue and the stability of non-interest income sources within the institution's retail and commercial banking operations.

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