Heritage Financial Corporation (HFWA): Price and Financial Metrics

HFWA POWR Grades

• HFWA scores best on the Sentiment dimension, with a Sentiment rank ahead of 64.37% of US stocks.
• The strongest trend for HFWA is in Growth, which has been heading down over the past 177 days.
• HFWA's current lowest rank is in the Growth metric (where it is better than 3.74% of US stocks).

HFWA Stock Summary

• HFWA's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 87.3% of US stocks.
• With a year-over-year growth in debt of 700.11%, HERITAGE FINANCIAL CORP's debt growth rate surpasses 98.4% 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 -67.97% -- higher than that of merely 8.31% of stocks in our set.
• Stocks that are quantitatively similar to HFWA, based on their financial statements, market capitalization, and price volatility, are UBFO, TSBK, NBHC, OPBK, and OFG.
• 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 2.2; this is 120% higher than that of the median Financial Services stock.
• Over the past 243 months, HFWA's price/earnings ratio has gone down 7.9.

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.