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Heritage Financial HFWA Number of operating segments

Number of operating segments at other companies

Mercantile Bank Corporation logo
Mercantile Bank CorporationMBWM
200%
Enterprise Financial Services logo
Enterprise Financial ServicesEFSC
Five Star Bancorp logo
Five Star BancorpFSBC

Other financials

Income statement

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Revenue$77.9M+35.3%
Net income$18.9M+36.2%
EPS (diluted)$0.48+20.0%

Balance sheet

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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

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Operating cash flow$14.0M-27.4%
CapEx$1.3M+11.2%
Free cash flow$12.7M-29.9%

Valuation

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Market cap$1.19B+55.2%
Enterprise value$946.38M+20.5%
P/E16.5×+1.5×
P/S4.5×+1.1×

Profitability

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Net margin27.2%+4.5pp
FCF margin30.1%+0.4pp

Returns & leverage

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Return on equity7.3%+1.3pp
Debt / equity-0.3×

Where this comes from

Reported directly by Heritage Financial in its filing.

Tagged under the XBRL concept us-gaap:NumberOfOperatingSegments.

The official record: Heritage Financial’s 10-K, filed February 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Heritage Financial's number of operating segments?
Heritage Financial (HFWA) reported number of operating segments of 0.3 in Q4 2025.
How has Heritage Financial's number of operating segments changed year-over-year?
Heritage Financial's number of operating segments decreased by 0.0% year-over-year, from 0.3 to 0.3.
What is the long-term trend for Heritage Financial's number of operating segments?
Over 2 years (2023 to 2025), Heritage Financial's number of operating segments has grown at a 0.0% compound annual growth rate (CAGR), from 1 to 1.
What does number of operating segments mean?
The count of distinct business units or divisions for which the company reports separate financial information. This metric provides insight into the complexity of the organization's business model and its internal management structure.