Heritage Financial Corporation (HFWA): Price and Financial Metrics

HFWA POWR Grades

• Momentum is the dimension where HFWA ranks best; there it ranks ahead of 81.87% of US stocks.
• HFWA's strongest trending metric is Quality; it's been moving down over the last 177 days.
• HFWA ranks lowest in Quality; there it ranks in the 18th percentile.

HFWA Stock Summary

• The capital turnover (annual revenue relative to shareholder's equity) for HFWA is 0.31 -- better than only 24.01% of US stocks.
• HFWA's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 88.47% of US stocks.
• As for revenue growth, note that HFWA's revenue has grown -7.18% over the past 12 months; that beats the revenue growth of merely 17.13% of US companies in our set.
• Stocks with similar financial metrics, market capitalization, and price volatility to HERITAGE FINANCIAL CORP are CASH, PCB, HMNF, UBFO, and FDBC.
• 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 3.1; this is 210% higher than that of the median Financial Services stock.
• Over the past 243 months, HFWA's price/sales ratio has gone down 1.

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.