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Heritage Financial HFWA Investment Program, Proportional Amortization Method, Applied, Amortization Expense

Investment Program, Proportional Amortization Method, Applied, Amortization Expense at other companies

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Five Star BancorpFSBC
$602K+70.1%

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:AmortizationMethodQualifiedAffordableHousingProjectInvestmentsAmortization.

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 investment program, proportional amortization method, applied, amortization expense?
Heritage Financial (HFWA) reported investment program, proportional amortization method, applied, amortization expense of $5.9M in Q1 2026.
How has Heritage Financial's investment program, proportional amortization method, applied, amortization expense changed year-over-year?
Heritage Financial's investment program, proportional amortization method, applied, amortization expense decreased by 0.0% year-over-year, from $5.9M to $5.9M.
What is the long-term trend for Heritage Financial's investment program, proportional amortization method, applied, amortization expense?
Over 4 years (2021 to 2025), Heritage Financial's investment program, proportional amortization method, applied, amortization expense has grown at a 26.5% compound annual growth rate (CAGR), from $9.7M to $24.8M.
What does investment program, proportional amortization method, applied, amortization expense mean?
Represents the amortization expense recognized for investments in affordable housing projects using the proportional amortization method. This reflects the systematic write-down of the investment cost over the period the company receives tax credits and other benefits.