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Heritage Financial HFWA Payment to Acquire Life Insurance Policy, Investing Activities

Payment to Acquire Life Insurance Policy, Investing Activities at other companies

Columbia Banking Systems logo
Columbia Banking SystemsCOLB
$0-100%
Lakeland Financial logo
Lakeland FinancialLKFN
$53K-74.9%
Enterprise Financial Services logo
Enterprise Financial ServicesEFSC
$0-100%
Customers Bancorp logo
Customers BancorpCUBI
$0-100%
Five Star Bancorp logo
Five Star BancorpFSBC
$4.36M+17.5%
NB Bancorp, Inc. logo
NB Bancorp, Inc.NBBK

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$1.19B+56.8%
Enterprise value$946.38M+22.1%
P/E16.5×+1.6×
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 us-gaap:PaymentsToAcquireLifeInsurancePolicies.

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 payment to acquire life insurance policy, investing activities?
Heritage Financial (HFWA) reported payment to acquire life insurance policy, investing activities of $39K in Q1 2026.
How has Heritage Financial's payment to acquire life insurance policy, investing activities changed year-over-year?
Heritage Financial's payment to acquire life insurance policy, investing activities decreased by 0.0% year-over-year, from $39K to $39K.
What does payment to acquire life insurance policy, investing activities mean?
Reflects the cash outflows associated with the purchase of new bank-owned life insurance (BOLI) policies or the payment of premiums on existing policies. This represents a strategic allocation of capital into tax-advantaged assets intended to provide long-term financial stability and offset future benefit obligations. It indicates the bank's commitment to long-term balance sheet management.