Heritage Financial Corporation (HFWA): Price and Financial Metrics

HFWA POWR Grades

• HFWA scores best on the Momentum dimension, with a Momentum rank ahead of 91.82% of US stocks.
• HFWA's strongest trending metric is Growth; it's been moving down over the last 163 days.
• HFWA ranks lowest in Growth; there it ranks in the 15th percentile.

HFWA Stock Summary

• Equity multiplier, or assets relative to shareholders' equity, comes in at 8.36 for Heritage Financial Corp; that's greater than it is for 87.72% of US stocks.
• Over the past twelve months, HFWA has reported earnings growth of 173.98%, putting it ahead of 87.51% of US stocks in our set.
• As for revenue growth, note that HFWA's revenue has grown 42.78% over the past 12 months; that beats the revenue growth of 82.21% of US companies 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 SFST, FDBC, RNST, CBTX, and NBHC.
• 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

• 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 2 year cash and equivalents growth rate is now at 25.02%.
• Its year over year net cashflow from operations growth rate is now at -23.16%.
• Its 3 year price growth rate is now at 73.06%.

Over the past 15 months, HFWA's revenue has gone up $78,973,000.

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
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
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

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.