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State at other companies

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Lakeland FinancialLKFN

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:DeferredStateAndLocalIncomeTaxExpenseBenefit.

The official record: Heritage Financial’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Heritage Financial's state?
Heritage Financial (HFWA) reported state of -$66K in Q4 2025.
How has Heritage Financial's state changed year-over-year?
Heritage Financial's state increased by 15.4% year-over-year, from -$78K to -$66K.
What is the long-term trend for Heritage Financial's state?
Over 2 years (2023 to 2025), Heritage Financial's state has grown at a 58.6% compound annual growth rate (CAGR), from -$105K to -$264K.
What does state mean?
Measures the impact of temporary differences between financial reporting and state tax reporting that will result in taxable or deductible amounts in future years. This metric helps investors understand the long-term state tax obligations or deferred benefits of the entity.