Heritage Financial Corporation (HFWA) Stock Analysis & Investment Frameworks
Heritage Financial Corporation (HFWA) stock analysis on Invetso. Review Heritage Financial Corporation’s key financial metrics, company overview and 10 institutional-grade investment frameworks including SWOT Analysis, Economic Moat, Porter’s Five Forces and the Invetso Quality Score.
Heritage Financial Corporation Company Overview
- Exchange: NASDAQ Global Select
- Sector: Financial Services
- Industry: Banks - Regional
- Country: US
Heritage Financial Corporation Key Financial Metrics
- Market Cap: $1.15B
- Revenue: $335.97M
- P/E Ratio: 17.1
- ROE: 7.32%
- ROIC: 3.01%
- Dividend Yield: 3.45%
About Heritage Financial Corporation
Heritage Financial Corporation operates as the parent company for Heritage Bank, providing a comprehensive range of financial services to individuals and small to mid-sized businesses throughout the United States. The company's deposit offerings include various checking accounts (both interest and non-interest bearing), money market accounts, savings accounts, and certificates of deposit. Its extensive lending portfolio encompasses commercial and industrial financing, real estate loans for both owner-occupied and investment properties, residential mortgages for single to four-family dwellings, and funding for construction and land development projects. Additionally, it extends consumer loans, lines of credit, equipment financing, and commercial business loans to a wide array of sectors such as real estate, leasing, healthcare, hospitality, retail, and construction. Heritage Financial also originates loans backed by the U.S. Small Business Administration and delivers trust services along with professional financial guidance. As of January 27, 2022, the corporation managed 49 banking locations situated across Washington and Oregon. Established in 1927 and headquartered in Olympia, Washington, the company adopted its current name in 1998, having previously operated as Heritage Financial Corporation, M.H.C.