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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/E15.6×0.0×
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:FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear.

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 itemTerm Loans Amortized Cost Basis by Origination Year / 2026Term Loans Amortized Cost Basis by Origination Year / 2025Term Loans Amortized Cost Basis by Origination Year / 2024Term Loans Amortized Cost Basis by Origination Year / 2023Term Loans Amortized Cost Basis by Origination Year / 2022Term Loans Amortized Cost Basis by Origination Year / PriorRevolving LoansRevolving Loans Converted(1)Loans Receivable
Pass5013,7321,1671,7543,43315,880185,0161,420212,903
SS227952942843321,232
Total5013,7321,1671,9813,52816,174185,3001,752214,135
Loans receivable
Pass241,266716,578646,123561,185888,8922,101,036350,77511,3345,517,189
SM681,0098,81313,5386,26380,66114,534222125,108
SS7151,4263,15723,72213,44851,97310,671332105,444
Total$242,049$719,013$658,093$598,445$908,603$2,233,670$375,980$11,888$5,747,741

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Heritage Financial's prior?
Heritage Financial (HFWA) reported prior of $2.23B in Q2 2026.
How has Heritage Financial's prior changed year-over-year?
Heritage Financial's prior increased by 41.9% year-over-year, from $1.57B to $2.23B.
What is the long-term trend for Heritage Financial's prior?
Over 3 years (2022 to 2025), Heritage Financial's prior has grown at a 11.4% compound annual growth rate (CAGR), from $1.03B to $1.43B.
What does prior mean?
This metric captures the balance of financing receivables from prior periods that remain outstanding or have been reclassified. It helps analysts track the historical performance and persistence of legacy loan assets. Understanding these balances is critical for evaluating the bank's long-term asset quality and historical underwriting success.

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