HFWA RSI Chart
Last 7 days
5.6%
Last 30 days
3.9%
Last 90 days
3.6%
Trailing 12 Months
19.2%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 292.2M | 0 | 0 | 0 |
2023 | 245.5M | 263.9M | 276.2M | 284.5M |
2022 | 207.2M | 203.0M | 211.0M | 227.5M |
2021 | 215.4M | 217.4M | 217.9M | 212.8M |
2020 | 217.1M | 215.9M | 213.6M | 214.3M |
2019 | 210.0M | 218.5M | 218.8M | 217.8M |
2018 | 156.1M | 166.7M | 184.1M | 199.4M |
2017 | 139.1M | 140.6M | 142.7M | 147.7M |
2016 | 135.7M | 136.3M | 138.0M | 138.5M |
2015 | 137.7M | 141.7M | 140.2M | 135.7M |
2014 | 71.6M | 84.7M | 101.2M | 121.1M |
2013 | 68.6M | 68.1M | 69.6M | 71.4M |
2012 | 74.6M | 72.1M | 70.3M | 69.1M |
2011 | 64.2M | 71.3M | 75.3M | 74.1M |
2010 | 0 | 55.4M | 57.5M | 59.5M |
2009 | 0 | 0 | 0 | 53.3M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 01, 2024 | vance brian l | acquired | 55,200 | 18.26 | 3,023 | - |
May 01, 2024 | rivera frederick b | acquired | 55,200 | 18.26 | 3,023 | - |
May 01, 2024 | giacobbe gail b. | acquired | 55,200 | 18.26 | 3,023 | - |
May 01, 2024 | ellwanger kimberly t | acquired | 55,200 | 18.26 | 3,023 | - |
May 01, 2024 | gavin deborah j | acquired | 55,200 | 18.26 | 3,023 | - |
May 01, 2024 | lyon jeffrey s | acquired | 55,200 | 18.26 | 3,023 | - |
May 01, 2024 | charneski brian | acquired | 55,200 | 18.26 | 3,023 | - |
May 01, 2024 | dryer trevor d. | acquired | 55,200 | 18.26 | 3,023 | - |
May 01, 2024 | watson ann | acquired | 55,200 | 18.26 | 3,023 | - |
Mar 15, 2024 | wilson kelli ann | acquired | 32,036 | 18.38 | 1,743 | evp chief banking officer |
Which funds bought or sold HFWA recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 06, 2024 | Savant Capital, LLC | new | - | 222,540 | 222,540 | -% |
May 06, 2024 | TEACHER RETIREMENT SYSTEM OF TEXAS | sold off | -100 | -224,000 | - | -% |
May 06, 2024 | TEXAS PERMANENT SCHOOL FUND CORP | added | 1.32 | -52,564 | 592,345 | -% |
May 06, 2024 | NEW YORK LIFE INVESTMENT MANAGEMENT LLC | new | - | 378,435 | 378,435 | -% |
May 06, 2024 | Empowered Funds, LLC | added | 8.17 | -38,292 | 1,931,750 | 0.04% |
May 06, 2024 | Quantbot Technologies LP | new | - | 174,142 | 174,142 | 0.01% |
May 03, 2024 | OREGON PUBLIC EMPLOYEES RETIREMENT FUND | reduced | -8.8 | -37,911 | 180,909 | -% |
May 03, 2024 | GSA CAPITAL PARTNERS LLP | sold off | -100 | -1,010,000 | - | -% |
May 03, 2024 | SIGNATUREFD, LLC | unchanged | - | -126 | 1,222 | -% |
May 02, 2024 | JENNISON ASSOCIATES LLC | new | - | 14,611,700 | 14,611,700 | 0.01% |
Unveiling Heritage Financial Corp-WA's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Heritage Financial Corp-WA)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 550.7B | 174.7B | 10.94 | 3.15 | ||||
BAC | 296.0B | 127.4B | 11.83 | 2.15 | ||||
WFC | 210.0B | 85.8B | 11.19 | 2.45 | ||||
C | 118.3B | 125.0B | 14.8 | 0.95 | ||||
CFG | 16.2B | 10.4B | 11.31 | 1.55 | ||||
KEY | 14.1B | 8.1B | 16.12 | 1.73 | ||||
MID-CAP | ||||||||
CMA | 7.1B | 4.2B | 10.15 | 1.66 | ||||
ZION | 6.5B | 3.9B | 9.55 | 1.64 | ||||
ABCB | 3.4B | 1.3B | 12.7 | 2.67 | ||||
ASB | 3.3B | 1.8B | 20.77 | 1.64 | ||||
SMALL-CAP | ||||||||
AMNB | 497.6M | 120.2M | 19.02 | 4.14 | ||||
ALRS | 399.1M | 152.4M | 40.14 | 2.62 | ||||
AROW | 389.7M | 162.6M | 12.96 | 2.4 | ||||
ACNB | 273.7M | 96.6M | 8.64 | 2.83 | ||||
ASRV | 40.3M | 60.9M | -12.04 | 0.66 |
Heritage Financial Corp-WA News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 0.1% | 74.00 | 74.00 | 73.00 | 70.00 | 67.00 | 66.00 | 61.00 | 52.00 | 49.00 | 50.00 | 53.00 | 56.00 | 54.00 | 55.00 | 53.00 | 54.00 | 53.00 | 54.00 | 55.00 | 55.00 | 54.00 |
EBITDA Margin | -11.2% | 0.94* | 1.06* | 1.20* | 1.29* | 1.37* | 1.40* | 1.40* | 1.39* | 1.43* | 1.43* | 1.46* | 1.44* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -4.3% | 52.00 | 54.00 | 56.00 | 56.00 | 60.00 | 63.00 | 59.00 | 50.00 | 47.00 | 48.00 | 51.00 | 54.00 | 52.00 | 52.00 | 50.00 | 50.00 | 49.00 | 49.00 | 50.00 | 51.00 | 50.00 |
Income Taxes | 225.6% | 1.00 | 0.00 | 4.00 | 3.00 | 4.00 | 5.00 | 5.00 | 4.00 | 4.00 | 5.00 | 5.00 | 7.00 | 5.00 | 4.00 | 2.00 | -0.94 | 1.00 | 3.00 | 4.00 | 3.00 | 3.00 |
Earnings Before Taxes | 4.4% | 7.00 | 7.00 | 22.00 | 20.00 | 25.00 | 28.00 | 26.00 | 23.00 | 23.00 | 24.00 | 26.00 | 40.00 | 30.00 | 28.00 | 19.00 | -7.07 | 13.00 | 21.00 | 22.00 | 19.00 | 20.00 |
EBT Margin | -26.4% | 0.19* | 0.26* | 0.34* | 0.37* | 0.41* | 0.44* | 0.45* | 0.47* | 0.55* | 0.57* | 0.57* | 0.54* | - | - | - | - | - | - | - | - | - |
Net Income | -7.8% | 6.00 | 6.00 | 18.00 | 17.00 | 20.00 | 23.00 | 21.00 | 19.00 | 20.00 | 19.00 | 21.00 | 33.00 | 25.00 | 24.00 | 17.00 | -6.14 | 12.00 | 17.00 | 18.00 | 16.00 | 17.00 |
Net Income Margin | -25.8% | 0.16* | 0.22* | 0.28* | 0.31* | 0.34* | 0.36* | 0.37* | 0.39* | 0.45* | 0.46* | 0.47* | 0.45* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -59.8% | 12.00 | 30.00 | 27.00 | 23.00 | 19.00 | 30.00 | 27.00 | 23.00 | 10.00 | 18.00 | 20.00 | 19.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -1.2% | 7,091 | 7,175 | 7,151 | 7,115 | 7,237 | 6,980 | 7,200 | 7,316 | 7,484 | 7,432 | 7,259 | 7,106 | 7,028 | 6,615 | 6,686 | 6,562 | 5,587 | 5,553 | 5,515 | 5,377 | 5,342 |
Cash Equivalents | -15.7% | 190 | 225 | 221 | 108 | 301 | 104 | 407 | 994 | 1,577 | 1,723 | 1,635 | 1,265 | 934 | 743 | 576 | 415 | 163 | 229 | 237 | 139 | 111 |
Net PPE | -1.1% | 74.00 | 75.00 | 76.00 | 79.00 | 80.00 | 77.00 | 77.00 | 77.00 | 79.00 | 79.00 | 80.00 | 83.00 | 85.00 | 85.00 | 90.00 | 87.00 | 88.00 | 88.00 | 87.00 | 84.00 | 80.00 |
Goodwill | 0% | 241 | 241 | 241 | 241 | 241 | 241 | 241 | 241 | 241 | 241 | 241 | 241 | 241 | 241 | 241 | 241 | 241 | 241 | 241 | 241 | 241 |
Liabilities | -1.2% | 6,244 | 6,322 | 6,337 | 6,296 | 6,411 | 6,182 | 6,424 | 6,511 | 6,662 | 6,578 | 6,411 | 6,250 | 6,201 | 5,795 | 5,883 | 5,769 | 4,789 | 4,744 | 4,711 | 4,580 | 4,564 |
Shareholder's Equity | -0.7% | 848 | 853 | 814 | 820 | 826 | 798 | 777 | 805 | 821 | 854 | 848 | 856 | 827 | 820 | 803 | 794 | 798 | 809 | 804 | 797 | 778 |
Retained Earnings | -0.6% | 374 | 376 | 378 | 367 | 358 | 345 | 330 | 317 | 306 | 293 | 281 | 268 | 242 | 224 | 208 | 198 | 212 | 212 | 206 | 195 | 186 |
Shares Outstanding | -0.6% | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 35.00 | 36.00 | 36.00 | 36.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 559 | - | - | - | 870 | - | - | - | 887 | - | - | - | 707 | - | - | - | 1,073 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -58.3% | 12,899 | 30,959 | 31,101 | 24,066 | 23,397 | 32,016 | 28,535 | 22,977 | 10,928 | 18,877 | 20,883 | 20,689 | 9,081 | 27,998 | 3,606 | 24,420 | 14,307 | 35,595 | 19,808 | 15,775 | 21,312 |
Cashflow From Investing | 424.5% | 33,466 | -10,312 | 52,054 | -80,186 | -55,002 | -21,611 | -514,059 | -429,195 | -242,914 | -93,970 | 225,214 | 265,264 | -232,745 | 230,697 | 38,836 | -727,528 | -80,554 | -48,093 | -34,761 | 1,911 | -44,359 |
Cashflow From Financing | -405.0% | -81,691 | -16,177 | 28,970 | -136,983 | 229,496 | -314,139 | -101,207 | -176,449 | 85,416 | 163,646 | 123,709 | 44,664 | 414,658 | -91,615 | 118,725 | 955,270 | 592 | 4,098 | 112,631 | 10,434 | -27,693 |
Dividend Payments | 4.5% | 8,028 | 7,679 | 7,711 | 7,707 | 7,723 | 7,372 | 7,372 | 7,375 | 7,372 | 7,385 | 7,169 | 7,200 | 7,183 | 7,183 | 7,182 | 7,180 | 7,314 | 10,620 | 7,008 | 6,618 | 6,662 |
Buy Backs | 24372.0% | 6,118 | 25.00 | 2,571 | 1,751 | 2,627 | 20.00 | 2.00 | 522 | 2,652 | 1,491 | 20,641 | 70.00 | 687 | 14.00 | 7.00 | 38.00 | 19,060 | 1.00 | 6,954 | 879 | 802 |
Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
INTEREST INCOME: | |||
Interest and fees on loans | $ 217,284 | $ 174,275 | $ 189,832 |
Taxable interest on investment securities | 58,509 | 40,627 | 17,492 |
Nontaxable interest on investment securities | 1,854 | 3,488 | 3,899 |
Interest on interest earning deposits | 6,818 | 9,067 | 1,608 |
Total interest income | 284,465 | 227,457 | 212,831 |
INTEREST EXPENSE: | |||
Deposits | 39,350 | 6,772 | 6,160 |
Junior subordinated debentures | 2,074 | 1,156 | 742 |
Securities sold under agreement to repurchase | 153 | 138 | 140 |
Borrowings | 17,733 | 6 | 0 |
Total interest expense | 59,310 | 8,072 | 7,042 |
Net interest income | 225,155 | 219,385 | 205,789 |
Provision for (reversal of) credit losses | 4,280 | (1,426) | (29,372) |
Net interest income after provision for (reversal of) credit losses | 220,875 | 220,811 | 235,161 |
NONINTEREST INCOME: | |||
(Loss) gain on sale of investment securities, net | (12,231) | (256) | 29 |
Gain on sale of loans, net | 343 | 633 | 3,644 |
Interest rate swap fees | 230 | 402 | 661 |
Bank owned life insurance income | 2,934 | 3,747 | 2,520 |
Gain on sale of other assets, net | 2 | 469 | 4,405 |
Other income | 8,079 | 5,321 | 5,824 |
Total noninterest income | 18,663 | 29,591 | 34,615 |
NONINTEREST EXPENSE: | |||
Compensation and employee benefits | 100,083 | 92,092 | 88,765 |
Occupancy and equipment | 19,156 | 17,465 | 17,243 |
Data processing | 18,071 | 16,800 | 16,533 |
Marketing | 1,930 | 1,643 | 2,143 |
Professional services | 4,227 | 2,497 | 3,846 |
State/municipal business and use taxes | 4,059 | 3,634 | 3,884 |
Federal deposit insurance premium | 3,312 | 2,015 | 2,106 |
Amortization of intangible assets | 2,434 | 2,750 | 3,111 |
Other expense | 13,351 | 12,070 | 11,638 |
Total noninterest expense | 166,623 | 150,966 | 149,269 |
Income before income taxes | 72,915 | 99,436 | 120,507 |
Income tax expense | 11,160 | 17,561 | 22,472 |
Net income | $ 61,755 | $ 81,875 | $ 98,035 |
Basic earnings per common share (in dollars per share) | $ 1.76 | $ 2.33 | $ 2.75 |
Diluted earnings per common share (in dollars per share) | 1.75 | 2.31 | 2.73 |
Dividends declared per share (in dollars per share) | $ 0.88 | $ 0.84 | $ 0.81 |
Average number of basic shares outstanding (in shares) | 35,022,247 | 35,103,465 | 35,677,851 |
Average number of diluted shares outstanding (in shares) | 35,258,189 | 35,463,896 | 35,973,386 |
Service charges and other fees | |||
NONINTEREST INCOME: | |||
Service charges, other fees and card revenue | $ 10,966 | $ 10,390 | $ 9,207 |
Card revenue | |||
NONINTEREST INCOME: | |||
Service charges, other fees and card revenue | $ 8,340 | $ 8,885 | $ 8,325 |