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Heritage Financial HFWA Net Interest Income

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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$1.19B+55.2%
Enterprise value$946.38M+20.5%
P/E16.5×+1.5×
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:InterestIncomeExpenseNet.

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 interest income?
Heritage Financial (HFWA) reported net interest income of $69.22M in Q1 2026.
How has Heritage Financial's net interest income changed year-over-year?
Heritage Financial's net interest income increased by 28.9% year-over-year, from $53.69M to $69.22M.
What is the long-term trend for Heritage Financial's net interest income?
Over 4 years (2021 to 2025), Heritage Financial's net interest income has grown at a 2.2% compound annual growth rate (CAGR), from $205.79M to $224.41M.
What does net interest income mean?
The difference between the interest income generated from loans and investment securities and the interest expense paid on deposits and other borrowings. This is the primary driver of a bank's core profitability and reflects the spread earned on the bank's interest-earning assets. It is a fundamental measure of the bank's ability to price its products effectively relative to its cost of funds.