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Heritage Financial HFWA Tax Credit, Investment, Amortization Cash Flow

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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 hfwa:TaxCreditInvestmentAmortizationCashFlow.

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 tax credit, investment, amortization cash flow?
Heritage Financial (HFWA) reported tax credit, investment, amortization cash flow of $5.9M in Q1 2026.
How has Heritage Financial's tax credit, investment, amortization cash flow changed year-over-year?
Heritage Financial's tax credit, investment, amortization cash flow decreased by 0.7% year-over-year, from $5.94M to $5.9M.
What does tax credit, investment, amortization cash flow mean?
Represents the cash flow impact associated with the amortization of investments in tax credit programs, such as low-income housing or renewable energy projects. It reflects the realization of tax benefits that reduce the company's effective tax rate. This metric is essential for understanding how the bank utilizes tax-advantaged investments to optimize its tax position.