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Heritage Financial HFWA Sale of investments

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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$1.2B+57.4%
Enterprise value$1.17B+50.7%
P/E15.5×0.0×
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:ProceedsFromSaleOfAvailableForSaleSecuritiesDebt.

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 itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Proceeds from bank owned life insurance death benefit759502
Proceeds from surrender of bank owned life insurance5,091
Purchases of Federal Home Loan Bank stock(28,610)(13,795)
Proceeds from sales of investment securities available for sale231,633141,682
Proceeds from redemption of Federal Home Loan Bank stock22,11919,226
Proceeds from sales of premises and equipment52
Capital contributions to tax credit partnerships(4,062)(34,213)
Net cash received from acquisition155,167

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Heritage Financial's sale of investments?
Heritage Financial (HFWA) reported sale of investments of $38.13M in Q2 2026.
How has Heritage Financial's sale of investments changed year-over-year?
Heritage Financial's sale of investments decreased by 55.0% year-over-year, from $84.71M to $38.13M.
What is the long-term trend for Heritage Financial's sale of investments?
Over 2 years (2022 to 2024), Heritage Financial's sale of investments has grown at a 200.1% compound annual growth rate (CAGR), from $30.39M to $273.63M.
What does sale of investments mean?
Captures the total cash proceeds received from the sale of debt securities classified as available-for-sale. This metric provides insight into the bank's active management of its investment portfolio to realize gains or rebalance its asset mix.

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