What is Heritage Financial's provision for credit losses?

Heritage Financial (HFWA) reported provision for credit losses of $820K in Q1 2026.

How has Heritage Financial's provision for credit losses changed year-over-year?

Heritage Financial's provision for credit losses increased by 9011.1% year-over-year, from $9K to $820K.

What is the long-term trend for Heritage Financial's provision for credit losses?

Over 2 years (2021 to 2024), Heritage Financial's provision for credit losses has grown at a -49.4% compound annual growth rate (CAGR), from $27.3M to -$6.98M.

Heritage Financial HFWA Provision for Credit Losses

Provision for Credit Losses at other companies

WaFd, Inc.WAFD

$4M+45.5%

Lakeland FinancialLKFN

——

NB Bancorp, Inc.NBBK

——

Customers BancorpCUBI

——

Huntington BancsharesHBAN

——

Other financials

Income statement

See full

Revenue$77.9M+35.3%

Net income$18.9M+36.2%

EPS (diluted)$0.48+20.0%

Balance sheet

See full

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

See full

Operating cash flow$14.0M-27.4%

CapEx$1.3M+11.2%

Free cash flow$12.7M-29.9%

Valuation

See full

Market cap$1.19B+56.8%

Enterprise value$946.38M+22.1%

P/E16.5×+1.6×

P/S4.5×+1.1×

Profitability

See full

Net margin27.2%+4.5pp

FCF margin30.1%+0.4pp

Returns & leverage

See full

Return on equity7.3%+1.3pp

Debt / equity0×-0.3×

Where this comes from

Reported directly by Heritage Financial in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal.

The official record: Heritage Financial’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

Ask your AI about Heritage Financial's provision for credit losses.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Heritage Financial's provision for credit losses?: Heritage Financial (HFWA) reported provision for credit losses of $820K in Q1 2026.
How has Heritage Financial's provision for credit losses changed year-over-year?: Heritage Financial's provision for credit losses increased by 9011.1% year-over-year, from $9K to $820K.
What is the long-term trend for Heritage Financial's provision for credit losses?: Over 2 years (2021 to 2024), Heritage Financial's provision for credit losses has grown at a -49.4% compound annual growth rate (CAGR), from $27.3M to -$6.98M.