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Year one at other companies

Sound Financial Bancorp logo
Sound Financial BancorpSFBC
$49.13M-46.1%
OceanFirst Financial logo
OceanFirst FinancialOCFC
$919.79M+92.0%
Bankwell Financial Group logo
Bankwell Financial GroupBWFG
$403.78M+27.1%
National Bank Holdings logo
National Bank HoldingsNBHC
$1.26B+275%
Capital Bancorp logo
Capital BancorpCBNK
$354.15M+22.2%
Customers Bancorp logo
Customers BancorpCUBI
$2.36B+14.9%

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:FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear.

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 year one?
Heritage Financial (HFWA) reported year one of $242.05M in Q2 2026.
How has Heritage Financial's year one changed year-over-year?
Heritage Financial's year one increased by 9.1% year-over-year, from $221.83M to $242.05M.
What is the long-term trend for Heritage Financial's year one?
Over 3 years (2022 to 2025), Heritage Financial's year one has grown at a -8.6% compound annual growth rate (CAGR), from $796.96M to $608.28M.
What does year one mean?
This represents the portion of the financing receivable portfolio scheduled to mature or be repaid within the first year. It provides a clear view of the short-term liquidity profile and the expected cash inflows from the bank's lending activities. Analyzing this helps investors understand the bank's asset-liability management and the velocity of its loan portfolio turnover.

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