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Heritage Financial HFWA Capital contributions to low-income tax housing tax credit partnership

Capital contributions to low-income tax housing tax credit partnership at other companies

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-$9.37M-1.6%
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Other financials

Income statement

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Revenue$77.9M+35.3%
Net income$18.9M+36.2%
EPS (diluted)$0.48+20.0%

Balance sheet

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Cash & equivalents$268.1M+7.8%
Total debt$20.0M-92.4%
Total equity$1.1B+26.6%
Total assets$8.5B+19.2%

Cash flow

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Operating cash flow$14.0M-27.4%
CapEx$1.3M+11.2%
Free cash flow$12.7M-29.9%

Valuation

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Market cap$1.21B+56.8%
Enterprise value$959.16M+22.1%
P/E16.6×+1.7×
P/S4.5×+1.1×

Profitability

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Net margin27.2%+4.5pp
FCF margin30.1%+0.4pp

Returns & leverage

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Return on equity7.3%+1.3pp
Debt / equity-0.3×

Where this comes from

Reported directly by Heritage Financial in its filing.

Tagged under the XBRL concept hfwa:CapitalContributionsToLowIncomeTaxHousingTaxCreditPartnership.

The official record: Heritage Financial’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Heritage Financial's capital contributions to low-income tax housing tax credit partnership?
Heritage Financial (HFWA) reported capital contributions to low-income tax housing tax credit partnership of $2.42M in Q1 2026.
How has Heritage Financial's capital contributions to low-income tax housing tax credit partnership changed year-over-year?
Heritage Financial's capital contributions to low-income tax housing tax credit partnership decreased by 92.7% year-over-year, from $33M to $2.42M.
What is the long-term trend for Heritage Financial's capital contributions to low-income tax housing tax credit partnership?
Over 3 years (2021 to 2025), Heritage Financial's capital contributions to low-income tax housing tax credit partnership has grown at a 14.8% compound annual growth rate (CAGR), from $41.91M to $63.35M.
What does capital contributions to low-income tax housing tax credit partnership mean?
Reflects cash outflows directed toward partnerships or funds focused on low-income housing tax credit projects. These investments are often made to earn tax credits that reduce the company's overall tax liability. This activity highlights the bank's commitment to community development and its strategy for tax-efficient capital allocation.