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Heritage Financial HFWA Net cash paid related to branch divestiture

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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$1.23B+59.5%
Enterprise value$1.19B+52.6%
P/E15.8×+0.2×
P/S4.2×+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 hfwa:NetCashPaidRelatedToBranchDivestiture.

The source filing: Heritage Financial’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 2:11 PM EST
Fiscal year
FY2025
Accession
0001628280-26-012703
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Proceeds from bank owned life insurance death benefit5021,15720
Proceeds from surrender of bank owned life insurance13,55429,790
Capital contributions to tax credit partnerships(63,346)(26,688)(38,248)
Net cash paid related to branch divestiture(13,826)
Net cash provided (used) by investing activities186,750(85,903)(93,446)
Cash flows from financing activities:
Net increase (decrease) in deposits235,58684,741(310,303)
Proceeds from borrowings536,4001,458,7431,889,700

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Heritage Financial's net cash paid related to branch divestiture?
Heritage Financial (HFWA) reported net cash paid related to branch divestiture of $0 in Q4 2025.
What does net cash paid related to branch divestiture mean?
Captures the net cash impact resulting from the sale or closure of bank branch locations. This includes proceeds from asset sales offset by costs associated with the divestiture process, such as severance or lease termination fees. It serves as an indicator of the company's strategic footprint optimization and restructuring efforts.

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