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Lakeland FinancialLKFN
$26.48M+31.8%

Other financials

Income statement

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Revenue$77.9M+35.3%
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+29.3%
Enterprise value$946.38M-2.5%
P/E16.5×-1.5×
P/S4.5×+0.4×

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:NetIncomeLoss.

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 net income?
Heritage Financial (HFWA) reported net income of $18.95M in Q1 2026.
How has Heritage Financial's net income changed year-over-year?
Heritage Financial's net income increased by 36.2% year-over-year, from $13.91M to $18.95M.
What is the long-term trend for Heritage Financial's net income?
Over 4 years (2021 to 2025), Heritage Financial's net income has grown at a -8.9% compound annual growth rate (CAGR), from $98.04M to $67.53M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.