Heritage Financial Corporation (HFWA): Price and Financial Metrics

HFWA POWR Grades

• HFWA scores best on the Stability dimension, with a Stability rank ahead of 86.82% of US stocks.
• HFWA's strongest trending metric is Value; it's been moving up over the last 48 weeks.
• HFWA ranks lowest in Sentiment; there it ranks in the 33rd percentile.

HFWA Stock Summary

• HFWA's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 87.01% of US stocks.
• With a year-over-year growth in debt of 49.3%, Heritage Financial Corp's debt growth rate surpasses 86.24% of about US stocks.
• In terms of twelve month growth in earnings before interest and taxes, Heritage Financial Corp is reporting a growth rate of 146.69%; that's higher than 85.48% of US stocks.
• If you're looking for stocks that are quantitatively similar to Heritage Financial Corp, a group of peers worth examining would be PMBC, NBHC, FFWM, CBTX, and UCBI.
• 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/earnings ratio is 9.1; this is 17.27% lower than that of the median Financial Services stock.
• Over the past 243 months, HFWA's price/sales ratio has gone up 0.3.
• Over the past 243 months, HFWA's price/sales ratio has gone up 0.3.

Below are key valuation metrics over time for HFWA.

HFWA Growth Metrics

• Its 4 year net cashflow from operations growth rate is now at 28.14%.
• Its 4 year revenue growth rate is now at 41.78%.
• Its 3 year net income to common stockholders growth rate is now at 64.46%.

HFWA's revenue has moved up $109,836,000 over the prior 70 months.

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
2021-06-30	266.268	27.833	98.564
2021-03-31	219.717	63.316	59.723
2020-12-31	202.12	70.331	46.57
2020-09-30	191.815	103.435	39.814
2020-06-30	194.892	122.795	41.073
2020-03-31	221.627	82.398	63.196

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 44.1% of graded US stocks.
• HFWA's asset turnover comes in at 0.039 -- ranking 191st of 437 Banking stocks.
• LBAI, USB, and STBA are the stocks whose asset turnover ratios are most correlated with HFWA.

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