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Heritage Financial HFWA Sales & Marketing

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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$1.21B+57.9%
Enterprise value$1.17B+51.1%
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:MarketingExpense.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Compensation and employee benefits35,76925,46769,74151,266
Occupancy and equipment6,0144,84011,3449,766
Data processing10,2183,66615,3117,563
Marketing437336820671
Professional services9391,1223,7811,856
State/municipal business and use taxes1,8011,2053,4752,425
Federal deposit insurance premium8818101,9181,622
Other real estate owned, net4448

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Heritage Financial's sales & marketing?
Heritage Financial (HFWA) reported sales & marketing of $437K in Q2 2026.
How has Heritage Financial's sales & marketing changed year-over-year?
Heritage Financial's sales & marketing increased by 30.1% year-over-year, from $336K to $437K.
What is the long-term trend for Heritage Financial's sales & marketing?
Over 4 years (2021 to 2025), Heritage Financial's sales & marketing has grown at a -12.6% compound annual growth rate (CAGR), from $2.14M to $1.25M.
What does sales & marketing mean?
Costs of selling products and services including sales force compensation, commissions, marketing campaigns, trade shows, and customer acquisition expenses.

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