Heritage Financial (HFWA)
Runs Heritage Bank, lending to small and mid-sized businesses across Washington, Oregon, and Idaho.
$28.22
After-hours close−0.02 (−0.07%)
At close$28.24(+0.86%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 80 | 71 | 71 | 82 | 82 | 82 | 81 | 80 | 88 | 87 | 99 | 62 |
| Cost of revenue | 17 | 22 | 24 | 27 | 29 | 26 | 24 | 24 | 24 | 21 | 20 | 20 |
| Gross profit | 63 | 49 | 47 | 55 | 52 | 56 | 58 | 56 | 64 | 66 | 79 | 42 |
| 41 | 43 | 40 | 39 | 39 | 40 | 41 | 41 | 42 | 41 | 57 | 64 | |
| 26 | 26 | 26 | 26 | 25 | 25 | 27 | 27 | 27 | 40 | 40 | 53 | |
| Selling & marketing | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 26 | 26 | 26 | 25 | 25 | 25 | 27 | 26 | 27 | 40 | 39 | 53 |
| Other expenses | 15 | 16 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 1 | 17 | 11 |
| Operating income | 22 | 7 | 7 | 16 | 13 | 16 | 16 | 14 | 22 | 25 | 22 | −22 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 43 | |
| Interest income | 73 | 74 | 74 | 77 | 80 | 79 | 77 | 79 | 80 | 79 | 91 | 98 |
| Interest expense | 18 | 20 | 23 | 25 | 27 | 25 | 24 | 24 | 22 | 21 | 21 | 23 |
| Income before tax | 22 | 7 | 7 | 16 | 13 | 16 | 16 | 14 | 22 | 26 | 22 | 21 |
| Income tax expense | 4 | 0 | 1 | 2 | 2 | 4 | 2 | 2 | 3 | 3 | 3 | 3 |
| Net income from continuing operations | 18 | 6 | 6 | 14 | 11 | 12 | 14 | 12 | 19 | 22 | 19 | 18 |
| Net income | 18 | 6 | 6 | 14 | 11 | 12 | 14 | 12 | 19 | 22 | 19 | 18 |
| EPS, basic | $0.52 | $0.18 | $0.17 | $0.41 | $0.33 | $0.35 | $0.41 | $0.36 | $0.56 | $0.65 | $0.49 | $0.42 |
| EPS, diluted | $0.51 | $0.18 | $0.16 | $0.41 | $0.33 | $0.35 | $0.40 | $0.35 | $0.56 | $0.65 | $0.48 | $0.42 |
| Weighted average shares, basic | 35 | 35 | 35 | 35 | 34 | 34 | 34 | 34 | 34 | 34 | 39 | 40 |
| Weighted average shares, diluted | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 34 | 34 | 39 | 40 |
| EBITDA | 23 | 8 | 8 | 17 | 14 | 17 | 17 | 15 | 23 | 25 | 23 | −22 |
| Depreciation & amortization | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 0 | 0 | 0 | 1 | 0 |
| EBIT | 22 | 7 | 7 | 16 | 13 | 16 | 16 | 14 | 22 | 25 | 22 | −22 |