Heritage Financial Corporation (HFWA): Price and Financial Metrics

HFWA POWR Grades

• HFWA scores best on the Momentum dimension, with a Momentum rank ahead of 89.62% of US stocks.
• HFWA's strongest trending metric is Stability; it's been moving down over the last 179 days.
• HFWA's current lowest rank is in the Growth metric (where it is better than 3.11% of US stocks).

HFWA Stock Summary

• Equity multiplier, or assets relative to shareholders' equity, comes in at 8.51 for Heritage Financial Corp; that's greater than it is for 88.07% of US stocks.
• In terms of twelve month growth in earnings before interest and taxes, Heritage Financial Corp is reporting a growth rate of 126.6%; that's higher than 84.17% of US stocks.
• In terms of volatility of its share price, HFWA is more volatile than only 5.08% of stocks we're observing.
• If you're looking for stocks that are quantitatively similar to Heritage Financial Corp, a group of peers worth examining would be RNST, CATC, CASH, CBTX, and TIG.
• 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 3 year price growth rate is now at 73.06%.
• Its 4 year price growth rate is now at 5.38%.
• Its year over year price growth rate is now at 51.77%.

HFWA's revenue has moved up $47,230,000 over the prior 34 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
2021-12-31	269.776	69.53	98.035
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

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.