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Heritage Financial HFWA Amortization of capitalized software and acquired intangible assets

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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$1.21B+57.9%
Enterprise value$1.17B+51.1%
P/E15.5×0.0×
P/S4.1×+0.7×

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 us-gaap:AmortizationOfIntangibleAssets.

The source filing: Heritage Financial’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 11:44 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054673
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
State/municipal business and use taxes1,8011,2053,4752,425
Federal deposit insurance premium8818101,9181,622
Other real estate owned, net4448
Amortization of intangible assets2,9573025,015605
Other expense5,2643,3379,4226,694
Total noninterest expense64,32441,085120,87582,468
Income before income taxes20,72414,45943,12130,618
Income tax expense3,1782,2446,6284,492

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Heritage Financial's amortization of capitalized software and acquired intangible assets?
Heritage Financial (HFWA) reported amortization of capitalized software and acquired intangible assets of $2.96M in Q2 2026.
How has Heritage Financial's amortization of capitalized software and acquired intangible assets changed year-over-year?
Heritage Financial's amortization of capitalized software and acquired intangible assets increased by 879.1% year-over-year, from $302K to $2.96M.
What is the long-term trend for Heritage Financial's amortization of capitalized software and acquired intangible assets?
Over 4 years (2021 to 2025), Heritage Financial's amortization of capitalized software and acquired intangible assets has grown at a -21.6% compound annual growth rate (CAGR), from $3.11M to $1.17M.
What does amortization of capitalized software and acquired intangible assets mean?
Amortization of capitalized software and acquired intangible assets

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