What is Heritage Finl Corp Wash's earnings per share (EPS)?

Heritage Finl Corp Wash (HFWA) reported diluted earnings per share of $1.96 for fiscal year 2025. This represents a 58.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Heritage Finl Corp Wash Financials

HFWA

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Heritage Finl Corp Wash (HFWA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 39/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Heritage Finl Corp Wash's revenue grew a modest 1.5% year-over-year to $314.2M. This slow but positive growth earns a score of 36/100.

Leverage

Heritage Finl Corp Wash has elevated debt relative to equity (D/E of 6.56), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Cash Flow

Heritage Finl Corp Wash converts 27.3% of revenue into free cash flow ($85.7M). This strong cash generation earns a score of 93/100.

Returns

Heritage Finl Corp Wash generates a 7.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 27/100. This is up from 5.0% the prior year.

Piotroski F-Score Neutral

6/9

Heritage Finl Corp Wash passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.40x

For every $1 of reported earnings, Heritage Finl Corp Wash generates $1.40 in operating cash flow ($94.8M OCF vs $67.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$314.2M

YoY+1.5%

5Y CAGR+8.0%

10Y CAGR+8.8%

Heritage Finl Corp Wash generated $314.2M in revenue in fiscal year 2025. This represents an increase of 1.5% from the prior year.

EBITDA

N/A

Net Income

$67.5M

YoY+56.1%

5Y CAGR+7.7%

10Y CAGR+6.1%

Heritage Finl Corp Wash reported $67.5M in net income in fiscal year 2025. This represents an increase of 56.1% from the prior year.

EPS (Diluted)

$1.96

YoY+58.1%

5Y CAGR+8.7%

10Y CAGR+4.6%

Heritage Finl Corp Wash earned $1.96 per diluted share (EPS) in fiscal year 2025. This represents an increase of 58.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$85.7M

YoY+40.4%

5Y CAGR+6.2%

10Y CAGR+5.6%

Heritage Finl Corp Wash generated $85.7M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 40.4% from the prior year.

Cash & Debt

$233.1M

YoY+99.1%

5Y CAGR-20.7%

10Y CAGR+6.3%

Heritage Finl Corp Wash held $233.1M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

$0.96

YoY+4.3%

5Y CAGR+3.7%

10Y CAGR+6.1%

Heritage Finl Corp Wash paid $0.96 per share in dividends in fiscal year 2025. This represents an increase of 4.3% from the prior year.

Shares Outstanding

34M

YoY-0.1%

5Y CAGR-1.1%

10Y CAGR+1.3%

Heritage Finl Corp Wash had 34M shares outstanding in fiscal year 2025. This represents a decrease of 0.1% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

21.5%

YoY+7.5pp

5Y CAGR-0.2pp

10Y CAGR-6.1pp

Heritage Finl Corp Wash's net profit margin was 21.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 7.5 percentage points from the prior year.

Return on Equity

7.3%

YoY+2.3pp

5Y CAGR+1.7pp

10Y CAGR-0.6pp

Heritage Finl Corp Wash's ROE was 7.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 2.3 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$5.5M

YoY-75.4%

5Y CAGR-22.0%

10Y CAGR-3.3%

Heritage Finl Corp Wash spent $5.5M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 75.4% from the prior year.

Capital Expenditures

$9.2M

YoY+164.7%

5Y CAGR+5.5%

10Y CAGR+17.5%

Heritage Finl Corp Wash invested $9.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 164.7% from the prior year.

HFWA Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$314.2M+1.5%	$309.7M+8.9%	$284.5M+25.1%	$227.5M+6.9%	$212.8M-0.7%	$214.3M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$89.8M-10.5%	$100.3M+69.2%	$59.3M+634.8%	$8.1M+14.6%	$7.0M-47.1%	$13.3M
Income Tax	$11.1M+23.0%	$9.0M-19.3%	$11.2M-36.5%	$17.6M-21.9%	$22.5M+240.0%	$6.6M
Net Income	$67.5M+56.1%	$43.3M-30.0%	$61.8M-24.6%	$81.9M-16.5%	$98.0M+110.5%	$46.6M
EPS (Diluted)	$1.96+58.1%	$1.24-29.1%	$1.75-24.2%	$2.31-15.4%	$2.73+111.6%	$1.29

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$78.9M-0.8%	$79.5M+1.3%	$78.5M+1.5%	$77.4M-2.0%	$79.0M-1.1%	$79.8M+4.2%	$76.6M+3.0%	$74.4M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$20.5M-7.4%	$22.1M-5.9%	$23.5M-0.7%	$23.7M-6.0%	$25.2M-6.2%	$26.9M+5.5%	$25.5M+11.6%	$22.8M
Income Tax	$3.4M+9.7%	$3.1M+39.8%	$2.2M-0.2%	$2.2M-48.9%	$4.4M+167.9%	$1.6M-10.5%	$1.8M+63.9%	$1.1M
Net Income	$22.2M+16.0%	$19.2M+56.9%	$12.2M-12.2%	$13.9M+16.6%	$11.9M+4.4%	$11.4M-19.3%	$14.2M+146.3%	$5.7M
EPS (Diluted)	N/A	$0.55+52.8%	$0.36-10.0%	$0.40	N/A	$0.33-19.5%	$0.41+156.2%	$0.16

HFWA Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$7.0B-2.0%	$7.1B-1.0%	$7.2B+2.8%	$7.0B-6.1%	$7.4B+12.4%	$6.6B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$233.1M+99.1%	$117.1M-47.9%	$225.0M+117.2%	$103.6M-94.0%	$1.7B+131.8%	$743.3M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$240.9M0.0%	$240.9M0.0%	$240.9M0.0%	$240.9M0.0%	$240.9M0.0%	$240.9M
Total Liabilities	$6.0B-3.2%	$6.2B-1.2%	$6.3B+2.3%	$6.2B-6.0%	$6.6B+13.5%	$5.8B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$921.5M+6.7%	$863.5M+1.2%	$853.3M+6.9%	$797.9M-6.6%	$854.4M+4.1%	$820.4M
Retained Earnings	$421.6M+8.9%	$387.1M+3.0%	$376.0M+8.9%	$345.3M+17.8%	$293.2M+30.7%	$224.4M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$7.0B-0.6%	$7.0B-0.8%	$7.1B-0.8%	$7.1B+0.3%	$7.1B-0.7%	$7.2B+1.3%	$7.1B-0.4%	$7.1B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$233.1M-5.1%	$245.5M-3.4%	$254.1M+2.2%	$248.7M+112.3%	$117.1M-33.3%	$175.6M+54.3%	$113.8M-40.0%	$189.6M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$240.9M0.0%	$240.9M0.0%	$240.9M0.0%	$240.9M0.0%	$240.9M0.0%	$240.9M0.0%	$240.9M0.0%	$240.9M
Total Liabilities	$6.0B-1.0%	$6.1B-1.2%	$6.2B-1.1%	$6.2B+0.1%	$6.2B-0.6%	$6.3B+1.1%	$6.2B-0.6%	$6.2B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$921.5M+1.9%	$904.1M+1.8%	$888.2M+0.8%	$881.5M+2.1%	$863.5M-1.3%	$874.5M+2.8%	$850.5M+0.3%	$847.6M
Retained Earnings	$421.6M+3.4%	$407.6M+2.8%	$396.6M+1.0%	$392.7M+1.5%	$387.1M+1.0%	$383.1M+0.9%	$379.7M+1.6%	$373.6M

HFWA Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$94.8M+47.0%	$64.5M-41.1%	$109.5M+16.0%	$94.5M+35.8%	$69.5M-1.1%	$70.3M
Capital Expenditures	$9.2M+164.7%	$3.5M-66.7%	$10.4M+158.4%	$4.0M+33.1%	$3.0M-56.9%	$7.0M
Free Cash Flow	$85.7M+40.4%	$61.0M-38.5%	$99.1M+9.6%	$90.4M+36.0%	$66.5M+5.0%	$63.3M
Investing Cash Flow	$186.8M+317.4%	-$85.9M+8.1%	-$93.4M+92.3%	-$1.2B-837.5%	$163.8M+130.4%	-$538.5M
Financing Cash Flow	-$165.6M-91.5%	-$86.5M-182.1%	$105.3M+120.8%	-$506.4M-167.8%	$746.7M-24.0%	$983.0M
Dividends Paid	$32.6M+2.7%	$31.8M+3.1%	$30.8M+4.5%	$29.5M+1.9%	$28.9M+0.3%	$28.9M
Share Buybacks	$5.5M-75.4%	$22.4M+221.5%	$7.0M+118.2%	$3.2M-86.0%	$22.9M+19.7%	$19.1M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$28.0M+11.6%	$25.1M+11.3%	$22.5M+16.9%	$19.3M-6.6%	$20.6M-14.7%	$24.2M+256.0%	$6.8M-47.4%	$12.9M
Capital Expenditures	$5.7M+741.9%	$678K-57.6%	$1.6M+36.3%	$1.2M+46.1%	$802K-14.8%	$941K+14.3%	$823K-7.8%	$893K
Free Cash Flow	$22.3M-8.7%	$24.4M+16.6%	$20.9M+15.7%	$18.1M-8.8%	$19.8M-14.7%	$23.2M+289.3%	$6.0M-50.3%	$12.0M
Investing Cash Flow	$23.1M-13.4%	$26.6M-53.9%	$57.8M-26.9%	$79.2M+280.0%	-$44.0M-102.2%	-$21.8M+59.4%	-$53.6M-260.2%	$33.5M
Financing Cash Flow	-$63.5M-5.2%	-$60.3M+19.5%	-$74.9M-326.2%	$33.1M+194.4%	-$35.1M-159.1%	$59.4M+304.4%	-$29.1M+64.4%	-$81.7M
Dividends Paid	$8.2M0.0%	$8.1M-0.5%	$8.2M+0.4%	$8.2M+3.9%	$7.9M-0.8%	$7.9M-0.7%	$8.0M-0.6%	$8.0M
Share Buybacks	$44K+83.3%	$24K-99.5%	$4.6M+450.2%	$838K-80.8%	$4.4M-42.0%	$7.5M+70.9%	$4.4M-28.0%	$6.1M

HFWA Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	21.5%+7.5pp	14.0%-7.7pp	21.7%-14.3pp	36.0%-10.1pp	46.1%+24.3pp	21.7%
Return on Equity	7.3%+2.3pp	5.0%-2.2pp	7.2%-3.0pp	10.3%-1.2pp	11.5%+5.8pp	5.7%
Return on Assets	1.0%+0.4pp	0.6%-0.2pp	0.9%-0.3pp	1.2%-0.1pp	1.3%+0.6pp	0.7%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	6.56-0.7	7.23-0.2	7.41-0.3	7.75+0.0	7.70+0.6	7.06
FCF Margin	27.3%+7.6pp	19.7%-15.1pp	34.8%-4.9pp	39.8%+8.5pp	31.3%+1.7pp	29.5%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	28.2%+4.1pp	24.1%+8.6pp	15.6%-2.4pp	18.0%+2.9pp	15.1%+0.8pp	14.3%-4.2pp	18.5%+10.8pp	7.7%
Return on Equity	2.4%+0.3pp	2.1%+0.7pp	1.4%-0.2pp	1.6%+0.2pp	1.4%+0.1pp	1.3%-0.3pp	1.7%+1.0pp	0.7%
Return on Assets	0.3%+0.1pp	0.3%+0.1pp	0.2%-0.0pp	0.2%+0.0pp	0.2%0.0pp	0.2%-0.0pp	0.2%+0.1pp	0.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	6.56-0.2	6.76-0.2	6.96-0.1	7.09-0.1	7.23+0.0	7.18-0.1	7.30-0.1	7.37
FCF Margin	28.2%-2.4pp	30.7%+4.0pp	26.6%+3.3pp	23.4%-1.7pp	25.1%-4.0pp	29.1%+21.3pp	7.8%-8.4pp	16.2%

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Frequently Asked Questions

What is Heritage Finl Corp Wash's annual revenue?

Heritage Finl Corp Wash (HFWA) reported $314.2M in total revenue for fiscal year 2025. This represents a 1.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Heritage Finl Corp Wash's revenue growing?

Heritage Finl Corp Wash (HFWA) revenue grew by 1.5% year-over-year, from $309.7M to $314.2M in fiscal year 2025.

Is Heritage Finl Corp Wash profitable?

Yes, Heritage Finl Corp Wash (HFWA) reported a net income of $67.5M in fiscal year 2025, with a net profit margin of 21.5%.

What is Heritage Finl Corp Wash's net profit margin?

Heritage Finl Corp Wash (HFWA) had a net profit margin of 21.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Heritage Finl Corp Wash pay dividends?

Yes, Heritage Finl Corp Wash (HFWA) paid $0.96 per share in dividends during fiscal year 2025.

What is Heritage Finl Corp Wash's return on equity (ROE)?

Heritage Finl Corp Wash (HFWA) has a return on equity of 7.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Heritage Finl Corp Wash's free cash flow?

Heritage Finl Corp Wash (HFWA) generated $85.7M in free cash flow during fiscal year 2025. This represents a 40.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Heritage Finl Corp Wash's operating cash flow?

Heritage Finl Corp Wash (HFWA) generated $94.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Heritage Finl Corp Wash's total assets?

Heritage Finl Corp Wash (HFWA) had $7.0B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Heritage Finl Corp Wash's capital expenditures?

Heritage Finl Corp Wash (HFWA) invested $9.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Heritage Finl Corp Wash buy back shares?

Yes, Heritage Finl Corp Wash (HFWA) spent $5.5M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Heritage Finl Corp Wash have outstanding?

Heritage Finl Corp Wash (HFWA) had 34M shares outstanding as of fiscal year 2025.

What is Heritage Finl Corp Wash's debt-to-equity ratio?

Heritage Finl Corp Wash (HFWA) had a debt-to-equity ratio of 6.56 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Heritage Finl Corp Wash's return on assets (ROA)?

Heritage Finl Corp Wash (HFWA) had a return on assets of 1.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Heritage Finl Corp Wash's Piotroski F-Score?

Heritage Finl Corp Wash (HFWA) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Heritage Finl Corp Wash's earnings high quality?

Heritage Finl Corp Wash (HFWA) has an earnings quality ratio of 1.40x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Heritage Finl Corp Wash?

Heritage Finl Corp Wash (HFWA) scores 39 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.