Heritage Financial Corporation (HFWA): Price and Financial Metrics

HFWA POWR Grades

• HFWA scores best on the Stability dimension, with a Stability rank ahead of 63.55% of US stocks.
• HFWA's strongest trending metric is Growth; it's been moving down over the last 177 days.
• HFWA ranks lowest in Growth; there it ranks in the 3rd percentile.

HFWA Stock Summary

• Equity multiplier, or assets relative to shareholders' equity, comes in at 8.74 for HERITAGE FINANCIAL CORP; that's greater than it is for 87.37% of US stocks.
• With a year-over-year growth in debt of 700.11%, HERITAGE FINANCIAL CORP's debt growth rate surpasses 98.53% of about US stocks.
• Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for HFWA comes in at -60.08% -- higher than that of merely 7.64% of stocks in our set.
• If you're looking for stocks that are quantitatively similar to HERITAGE FINANCIAL CORP, a group of peers worth examining would be TSBK, FDBC, OFG, BHLB, and BOKF.
• Visit HFWA's SEC page to see the company's official filings. To visit the company's web site, go to www.hf-wa.com.

HFWA Valuation Summary

• In comparison to the median Financial Services stock, HFWA's EV/EBIT ratio is 16.96% lower, now standing at 9.3.
• Over the past 243 months, HFWA's price/sales ratio has gone down 1.6.

Below are key valuation metrics over time for HFWA.

HFWA Growth Metrics

Its 5 year price growth rate is now at -27.97%.
• The 3 year revenue growth rate now stands at 17.35%.
• The year over year revenue growth rate now stands at 18.86%.

Over the past 34 months, HFWA's revenue has gone up $28,775,000.

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
2022-12-31	250.402	94.456	81.875
2022-09-30	244.905	81.317	78.728
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

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.