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Heritage Financial HFWA Transfers of premises and equipment classified as held for sale to prepaid expenses and other assets from premises and equipment, net

Transfers of premises and equipment classified as held for sale to prepaid expenses and other assets from premises and equipment, net at other companies

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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+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 hfwa:TransferOfPremisesAndEquipmentToPrepaidExpensesAndOtherAssetsHeldForSale.

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 transfers of premises and equipment classified as held for sale to prepaid expenses and other assets from premises and equipment, net?
Heritage Financial (HFWA) reported transfers of premises and equipment classified as held for sale to prepaid expenses and other assets from premises and equipment, net of $0 in Q1 2026.
How has Heritage Financial's transfers of premises and equipment classified as held for sale to prepaid expenses and other assets from premises and equipment, net changed year-over-year?
Heritage Financial's transfers of premises and equipment classified as held for sale to prepaid expenses and other assets from premises and equipment, net decreased by 100.0% year-over-year, from $93K to $0.
What does transfers of premises and equipment classified as held for sale to prepaid expenses and other assets from premises and equipment, net mean?
Captures the accounting reclassification of property and equipment assets that have been designated as held for sale and moved to prepaid expenses or other current assets. This transition indicates that the assets are no longer being used in core operations and are awaiting final disposal. It provides transparency into the management of non-performing or surplus physical assets.