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Heritage Financial HFWA Payment to Acquire Life Insurance Policy, Investing Activities

Payment to Acquire Life Insurance Policy, Investing Activities at other companies

Lakeland Financial logo
Lakeland FinancialLKFN
Enterprise Financial Services logo
Enterprise Financial ServicesEFSC
Customers Bancorp logo
Customers BancorpCUBI
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+56.8%
Enterprise value$946.38M+22.1%
P/E16.5×+1.6×
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:PaymentsToAcquireLifeInsurancePolicies.

The official record: Heritage Financial’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Heritage Financial's payment to acquire life insurance policy, investing activities?
Heritage Financial (HFWA) reported payment to acquire life insurance policy, investing activities of $39K in Q1 2026.
How has Heritage Financial's payment to acquire life insurance policy, investing activities changed year-over-year?
Heritage Financial's payment to acquire life insurance policy, investing activities decreased by 0.0% year-over-year, from $39K to $39K.
What does payment to acquire life insurance policy, investing activities mean?
Cash outflows related to the purchase or funding of Bank-Owned Life Insurance (BOLI) policies. These investments are often utilized by financial institutions as a tax-advantaged vehicle to offset the costs of employee benefit programs.