Heritage Financial Corporation (HFWA): Price and Financial Metrics

HFWA POWR Grades

• HFWA scores best on the Momentum dimension, with a Momentum rank ahead of 92.69% of US stocks.
• HFWA's strongest trending metric is Growth; it's been moving up over the last 179 days.
• HFWA ranks lowest in Growth; there it ranks in the 13th percentile.

HFWA Stock Summary

• HFWA's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 88.83% of US stocks.
• Revenue growth over the past 12 months for HERITAGE FINANCIAL CORP comes in at -8.79%, a number that bests just 13.97% of the US stocks we're tracking.
• The volatility of HERITAGE FINANCIAL CORP's share price is greater than that of only 1.04% US stocks with at least 200 days of trading history.
• Stocks with similar financial metrics, market capitalization, and price volatility to HERITAGE FINANCIAL CORP are CASH, BHLB, HWC, UVSP, and IROQ.
• HFWA's SEC filings can be seen here. And to visit HERITAGE FINANCIAL CORP's official web site, go to www.hf-wa.com.

HFWA Valuation Summary

• HFWA's price/sales ratio is 3.9; this is 39.29% higher than that of the median Financial Services stock.
• HFWA's price/sales ratio has moved up 0.4 over the prior 243 months.

Below are key valuation metrics over time for HFWA.

HFWA Growth Metrics

Its year over year cash and equivalents growth rate is now at 68.76%.
• The 3 year price growth rate now stands at -16.38%.
• Its 2 year net cashflow from operations growth rate is now at -13.38%.

Over the past 15 months, HFWA's revenue has gone up $23,149,000.

The table below shows HFWA's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-06-30	242.866	73.665	78.33
2022-03-31	261.147	71.377	92.448
2021-12-31	269.776	69.53	98.035
2021-09-30	273.865	44.389	102.52
2021-06-30	266.268	27.833	98.564
2021-03-31	219.717	63.316	59.723

HFWA's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• HFWA has a Quality Grade of C, ranking ahead of 42.81% of graded US stocks.
• HFWA's asset turnover comes in at 0.039 -- ranking 191st of 428 Banking stocks.
• LBAI, STBA, and FDBC are the stocks whose asset turnover ratios are most correlated with HFWA.

The table below shows HFWA's key quality metrics over time.