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Year three at other companies

Sound Financial Bancorp logo
Sound Financial BancorpSFBC
$92.96M+6.2%
OceanFirst Financial logo
OceanFirst FinancialOCFC
$927.26M+80.3%
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Bankwell Financial GroupBWFG
$269.85M+5.1%
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National Bank HoldingsNBHC
$1.16B+42.2%
Capital Bancorp logo
Capital BancorpCBNK
$528.07M+31.5%
Customers Bancorp logo
Customers BancorpCUBI
$1.99B+93.6%

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:FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear.

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 three?
Heritage Financial (HFWA) reported year three of $658.09M in Q2 2026.
How has Heritage Financial's year three changed year-over-year?
Heritage Financial's year three increased by 7.7% year-over-year, from $611.16M to $658.09M.
What is the long-term trend for Heritage Financial's year three?
Over 3 years (2022 to 2025), Heritage Financial's year three has grown at a 10.7% compound annual growth rate (CAGR), from $386.2M to $524.21M.
What does year three mean?
This represents the portion of the financing receivable portfolio scheduled to mature or be repaid during the third year. It helps investors project the bank's long-term asset duration and the timing of potential capital recycling. Monitoring these maturity buckets is vital for evaluating the bank's ability to manage interest rate risk and maintain a balanced maturity profile.

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