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Year four at other companies

Sound Financial Bancorp logo
Sound Financial BancorpSFBC
$70.14M-61.4%
OceanFirst Financial logo
OceanFirst FinancialOCFC
$994.72M-48.1%
Bankwell Financial Group logo
Bankwell Financial GroupBWFG
$193.24M-78.2%
National Bank Holdings logo
National Bank HoldingsNBHC
$734.49M-57.0%
Capital Bancorp logo
Capital BancorpCBNK
$301.62M-31.2%
Customers Bancorp logo
Customers BancorpCUBI
$721.85M-78.2%

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:FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear.

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 four?
Heritage Financial (HFWA) reported year four of $598.45M in Q2 2026.
How has Heritage Financial's year four changed year-over-year?
Heritage Financial's year four decreased by 27.9% year-over-year, from $830.05M to $598.45M.
What is the long-term trend for Heritage Financial's year four?
Over 3 years (2022 to 2025), Heritage Financial's year four has grown at a 12.2% compound annual growth rate (CAGR), from $543.91M to $768.86M.
What does year four mean?
This represents the portion of the financing receivable portfolio scheduled to mature or be repaid during the fourth year. It provides insight into the long-term composition of the loan book and the bank's exposure to extended credit cycles. This metric is used by analysts to assess the bank's structural liquidity and the stability of its long-term revenue streams.

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