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Heritage Financial HFWA Return on equity

Return on equity at other companies

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14.5%+3.8pp
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Lakeland FinancialLKFN
15.2%+1.8pp

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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Debt / equity-0.3×

Where this comes from

Calculated from Heritage Financial’s reported figures.

Based on trailing twelve months.

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 return on equity?
Heritage Financial (HFWA) reported return on equity of 7.3% in Q1 2026.
How has Heritage Financial's return on equity changed year-over-year?
Heritage Financial's return on equity increased by 22.2% year-over-year, from 5.9% to 7.3%.
What is the long-term trend for Heritage Financial's return on equity?
Over 5 years (2020 to 2025), Heritage Financial's return on equity has grown at a 5.8% compound annual growth rate (CAGR), from 5.7% to 7.6%.
What does return on equity mean?
Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.