HFWA PE Ratio & Valuation, Is HFWA Overvalued
Heritage Financial Corp (HFWA) is currently in the "Fair zone" with a forward PE ratio of 13.05, compared to its five-year average of 11.95. Its fair price, according to relative valuation, is between $21.02 and $26.69, with a current price of $26.10, indicating it is fairly valued. While its P/B ratio is higher than historical averages and its FCF yield is lower, its P/S ratio of 2.85 is 15.08% above the industry average, which is deemed unsustainable despite robust revenue growth.
Port Orchard rethinks waterfront revival plan as Kitsap Bank charts a new path - Puget Sound Business Journal
The merger between Kitsap Bank and Heritage Bank has significantly impacted Port Orchard's waterfront redevelopment plans, forcing the fast-growing city to reconsider its strategy. Kitsap Bank's planned headquarters project, which was central to the waterfront revival, has been scrapped following the acquisition. This development leaves Port Orchard to chart a new path for the area.
Heritage Financial Corp Stock: Regional Banking Stability in the Pacific Northwest
Heritage Financial Corp (ISIN: US4272661071) operates as a community-focused bank primarily in Washington, offering steady dividend potential through a conservative lending approach. The company focuses on relationship-driven services including commercial lending, consumer banking, and wealth management, aiming for long-term value and regional stability. Its core business model emphasizes asset quality and diversified loan portfolios, benefiting from Pacific Northwest growth and appealing to North American investors for its dividend consistency and regional diversification.
Heritage Financial Corp Stock: Regional Banking Stability in the Pacific Northwest
Heritage Financial Corp operates as a community-focused bank in the Pacific Northwest, providing commercial lending, consumer banking, and wealth management services. The company's conservative lending approach, regional expertise, and focus on local economies position it as a stable investment for those seeking dividend consistency and diversification in their North American portfolios. Key drivers include interest rate environments and regional economic strength, though risks such as interest rate volatility and credit quality in commercial real estate loans require monitoring.
Vanguard disaggregates holdings; Heritage Financial (HFWA) shows 0 shares
Vanguard has filed an amended Schedule 13G/A for Heritage Financial (HFWA), reporting 0 shares and 0% beneficial ownership. This change is due to an internal realignment on January 12, 2026, where certain Vanguard subsidiaries will now report beneficial ownership separately. The filing clarifies that this is an administrative reclassification, not an indication of purchases or sales of shares.
Heritage Financial Corporation (NASDAQ:HFWA) Given Consensus Recommendation of "Moderate Buy" by Brokerages
Heritage Financial Corporation (NASDAQ:HFWA) has received a consensus "Moderate Buy" rating from brokerages, with an average 1-year price target of $31.25. The company recently beat Q4 EPS estimates and pays a quarterly dividend of $0.24, yielding approximately 3.8%. Despite some insider selling, institutional investors hold a significant portion of its stock, and several analysts have raised their price targets.
Two California banks clear shareholder vote for planned merger
Shareholders of CVB Financial (NASDAQ: CVBF) and Heritage Commerce Corp (NASDAQ: HTBK) have both approved the proposed merger of Heritage into CVB. The transaction is still subject to regulatory approvals and remaining closing conditions, but the parties anticipate consummating the merger in the second quarter of 2026. This shareholder approval marks a significant step forward in the merger process, which was initially announced in December 2025.
Heritage Financial Corp stock faces pressure amid regional bank sector slowdown and deposit competit
Heritage Financial Corp (HF) is facing pressure due to a regional bank sector slowdown and intense deposit competition in Q1 2026, amid sustained high interest rates. While the company maintains strong loan quality and a conservative financial stance, investors are scrutinizing its deposit dynamics and net interest margin outlook. Its strong community ties in the Pacific Northwest and valuation at a discount to larger regionals offer a defensive play for US investors.
Heritage Financial Corporation to Release Q1 Earnings on April 23, 2026
Heritage Financial Corporation (HFWA) is scheduled to release its Q1 earnings on April 23, 2026, before market open, followed by a conference call at 10:00 a.m. Pacific Time. The company emphasizes transparency by providing registration details for the call and ensuring replay availability until May 7, 2026. Analyst ratings indicate a "Moderate Buy" for HFWA, with price targets recently raised by Piper Sandler and Stephens due to its strong deposit franchise, growth prospects, and expanding net interest margin.
Heritage Financial to report Q1 results before market on April 23
Heritage Financial (NASDAQ: HFWA) is scheduled to release its first-quarter earnings on April 23, 2026, before the market opens, and will hold a conference call the same day at 10:00 a.m. PT / 1:00 p.m. ET. Investors can register to receive dial-in details for the call, which will also have a replay available until May 7, 2026. The company operates Heritage Bank in Washington, Oregon, and Idaho.
Heritage Financial Moves Above Key Level, Signals Trend Shift
Heritage Financial (NASDAQ:HFWA) operates regional banking services and has recently shown price movement, institutional participation, and steady financial performance. The company's diverse offerings include commercial lending, consumer banking, mortgage services, and treasury management, with a balanced capital structure supporting its operations. This article signals a potential trend shift for HFWA as it moves above a key level.
Heritage Financial detects employee file-share breach; investigation underway
Heritage Financial (HFWA) reported a cybersecurity incident involving an internal employee file share server. The breach potentially led to the exfiltration of files containing personal information, though customer accounts and operations remain unaffected. The company has initiated its incident response plan, engaged forensic and legal advisors, and notified relevant authorities.
Cyber incident at Heritage Financial (NASDAQ: HFWA) under review
Heritage Financial Corporation (NASDAQ: HFWA) reported a cybersecurity incident involving an internal file share server where files potentially containing personal information were exfiltrated. The company states that customer accounts, customer systems, and operations were not impacted, and business continues normally. Heritage Financial has launched an investigation with external experts, notified regulators, law enforcement, and its cyber insurance carrier, and currently does not believe the incident is material to its financial condition.
Heritage Financial (HFWA) president exercises 4,991 stock units and withholds shares for tax
Heritage Financial Corp.'s President, Bryan McDonald, reported the exercise of 4,991 restricted stock units and performance share units on March 16, 2026, at a value of $24.89 per share. Following these exercises, 939 shares were withheld for tax obligations, leaving McDonald with 35,115 directly held shares. This transaction is a routine equity award activity under the company’s omnibus equity plans.
[Form 4] HERITAGE FINANCIAL CORP /WA/ Insider Trading Activity
This article details an insider trading activity filing (Form 4) for Heritage Financial Corp (HFWA). Tony Chalfant, EVP and Chief Credit Officer, exercised equity awards, converting derivative awards into 3,128 shares of common stock at $24.89 per share. After tax withholdings, Chalfant directly holds 22,415 shares, categorizing these transactions as routine equity compensation vesting.
Heritage Financial (HFWA) EVP exercises 4,038 RSUs, 744 shares for taxes
Heritage Financial (HFWA) EVP Sabrina C. Robison exercised 4,038 restricted stock units (RSUs) into common stock at $24.89 per share and had 744 shares withheld for tax obligations. Following these transactions, she directly owns 33,647 shares. This activity represents routine vesting and settlement under the company's 2023 and 2024 Omnibus Equity Plans, not open-market buying or selling.
Heritage Financial (HFWA) EVP exercises RSUs and retains more shares
Heritage Financial Corp EVP and Chief Banking Officer Kelli Ann Wilson recently exercised restricted stock units (RSUs), acquiring 3,818 shares of Common Stock at $24.89 per share on March 16, 2026. After a tax-related withholding of 719 shares, Wilson now directly holds 6,877 shares of Heritage Financial Common Stock. The Form 4 filing indicates these transactions were part of RSU grants under the company's Omnibus Equity Plans, with no open-market sales.
Heritage Financial (HFWA) EVP exercises RSUs, holds 12,908 common shares
Heritage Financial Corp (HFWA) Executive Vice President William Glasby exercised 5,291 restricted stock units (RSUs) into common shares on March 16, 2026, at a reference price of $24.89 per share. After 1,338 shares were withheld for tax obligations, Glasby now directly holds 12,908 common shares. This transaction reflects routine equity-based compensation under the company's omnibus equity plans.
Heritage Financial Stock Crosses 200-Day Moving Average
Heritage Financial Corporation's stock has crossed above its 200-day moving average, a bullish technical signal that suggests a potential uptrend and increased investor confidence. This follows strong Q4 earnings in January that beat analyst estimates. Analysts will be monitoring whether the stock can sustain this momentum.
Victory Capital Management Inc. Increases Stock Position in Heritage Financial Corporation $HFWA
Victory Capital Management Inc. significantly increased its stake in Heritage Financial Corporation by 9.2% in the third quarter, acquiring 220,273 additional shares. This brings their total holdings to 2,626,334 shares, representing approximately 7.74% of the company, valued at about $63.53 million. The financial services provider reported strong Q3 earnings, beating analyst expectations with $0.66 EPS versus $0.57 anticipated, along with a consistent quarterly dividend of $0.24.
Heritage Financial Corp. Experiences Revision in Its Stock Evaluation Amid Competitive Banking Landscape
Heritage Financial Corp., a regional bank, has undergone a valuation adjustment, showing a 8.17% stock return over the past year, which trails the S&P 500. Its current price is $26.35, with a P/E ratio of 15 and a price-to-book value of 0.86, indicating competitive positioning within the regional banking sector compared to peers like Banc of California, Inc. and Dime Community Bancshares, Inc.
Heritage Financial Corporation (NASDAQ:HFWA) Short Interest Up 25.2% in February
Heritage Financial Corporation (NASDAQ:HFWA) experienced a significant 25.2% increase in short interest during February, reaching 1,652,864 shares, representing about 5.0% of its stock. This rise in bearish sentiment is noted despite the company beating quarterly EPS expectations and offering a quarterly dividend. Corporate insiders have also been selling shares, further influencing market perception.
Heritage Bank to Acquire Kitsap Bank in $177M All-Stock Merger
Heritage Financial Corp., parent company of Heritage Bank, plans to acquire Olympic Bancorp Inc., the holding company of Kitsap Bank, in an all-stock transaction valued at nearly $177 million. The deal, expected to finalize in the first quarter of 2026, will see Olympic shareholders receive 45 shares of Heritage common stock for each Olympic share. This merger is projected to increase Heritage's total assets to $8.8 billion, boost profitability, and result in approximately 18% earnings-per-share accretion.
Heritage Financial Corporation (NASDAQ:HFWA) Given Consensus Recommendation of "Hold" by Analysts
Analysts have issued a consensus "Hold" rating for Heritage Financial Corporation (NASDAQ:HFWA), with an average 1-year price target of $31.25. The company recently exceeded Q4 earnings expectations, reporting an EPS of $0.66 against an anticipated $0.57, and is forecasted to achieve approximately $2.09 EPS for the current fiscal year. Despite recent insider share sales, institutional ownership remains high at 78.3%, and the company offers a quarterly dividend with an annualized yield of about 3.7%.
Heritage Financial (HFWA) EVP awarded new PSU and RSU grants
Heritage Financial (HFWA) Executive Vice President and Chief Credit Officer, Tony Chalfant, was granted 2,757 Performance Share Units (PSUs) and 2,757 Restricted Stock Units (RSUs) on February 25, 2026. The PSUs have a three-year cliff vesting schedule ending March 15, 2029, while the RSUs vest ratably over three years, with final vesting also on March 15, 2029. These equity awards are part of his compensation and are detailed in a recent SEC Form 4 filing.
HFWA Stock News Today | Earnings, Events & Price Alerts
This page provides a collection of recent news and events related to Heritage Financial Corporation (HFWA), including details on its Q4 2025 earnings, net interest margin increase, dividend declaration, and upcoming earnings release date. It also mentions broader industry outlooks that could affect the company.
Heritage Financial (HFWA) EVP granted 5,355 restricted stock units
Heritage Financial Corp.'s EVP Director of Commercial Lending, Amy E. Curran, was granted 5,355 restricted stock units (RSUs) on February 25, 2026, as equity compensation. These RSUs will vest ratably over three years, with the final vesting date set for March 15, 2029. This grant is a form of stock-based compensation aimed at aligning executive incentives with shareholder interests, rather than an open-market stock purchase.
[Form 4] HERITAGE FINANCIAL CORP /WA/ Insider Trading Activity
HERITAGE FINANCIAL CORP /WA/ (HFWA) reported an insider trading activity where EVP and Chief Risk Officer Thomas J. Henning was granted 5,225 Restricted Stock Units (RSUs) on February 25, 2026. The RSUs were valued at a reference price of $27.54 per unit, with no cash payment from Henning, and will vest ratably over three years, concluding on March 15, 2029. Following this transaction, Thomas J. Henning directly holds 5,225 RSUs as part of his executive compensation.
Heritage Financial (HFWA) grants stock and performance units to EVP
Heritage Financial Corp.'s EVP Chief Lending Officer, Matthew T. Ray, has been granted 2,755 Performance Share Units and 2,755 Restricted Stock Units on February 25, 2026. These equity-based compensation awards, valued at a reference price of $27.54 per unit, are designed for retention and performance alignment, with vesting scheduled for March 15, 2029. The performance units have a three-year cliff vesting schedule, while the restricted stock units vest ratably over three years.
[Form 4] HERITAGE FINANCIAL CORP /WA/ Insider Trading Activity
Heritage Financial Corp.'s EVP and COO, Nicholas M. Bley, reported receiving equity-based awards, including 3,021 restricted stock units and 3,021 performance share units, valued at $27.54 per share. These awards, granted on February 25, 2026, are part of his compensation and have a $0.00 exercise price. The restricted stock units vest ratably over three years, while the performance share units have a three-year cliff vesting schedule, both finalizing on March 15, 2029.
Heritage Financial (HFWA) grants CFO 2026 PSU and RSU awards
Heritage Financial Corp.'s EVP and Chief Financial Officer, Donald Hinson, was granted 3,269 Performance Share Units (PSUs) and 3,269 Restricted Stock Units (RSUs) on February 25, 2026. Both awards were valued at $27.54 per unit. The PSUs have a three-year cliff vesting schedule, maturing on March 15, 2029, while the RSUs vest ratably over three years, with final vesting also on March 15, 2029.
HERITAGE FINANCIAL CORP /WA/ SEC 10-K Report
Heritage Financial Corporation has released its annual Form 10-K report, highlighting a robust financial performance with a 56.1% increase in net income to $67.5 million and diluted EPS of $1.96. The company completed the acquisition of Olympic Bancorp, Inc., enhancing its market share in Washington, and strategically repositioned its investment portfolio. Heritage Financial aims for continued expansion through strategic acquisitions and organic growth in the Pacific Northwest while managing market, credit, and regulatory risks.
Zacks Industry Outlook Highlights ServisFirst Bancshares, WSFS Financial and Heritage Financial
The Zacks Savings and Loan industry is poised for growth due to falling interest rates, which are expected to boost loan demand and stabilize funding costs. Despite some credit quality concerns, digitization and strategic balance sheet management are supporting key players like ServisFirst Bancshares, WSFS Financial, and Heritage Financial. These companies are highlighted for their strong financial performance, asset growth, and positive earnings outlooks.
Zacks Industry Outlook Highlights ServisFirst Bancshares, WSFS Financial and Heritage Financial
The Zacks Savings and Loan industry is poised for solid prospects due to falling interest rates, easing lending standards, and increasing digitization. Companies like ServisFirst Bancshares, WSFS Financial, and Heritage Financial are highlighted as strong investment opportunities. The industry's current Zacks Industry Rank of #29 signifies outperformance potential, despite its recent underperformance compared to the broader Finance sector and S&P 500.
Zacks Industry Outlook Features ServisFirst Bancshares, WSFS Financial, and Heritage Financial
Zacks Equity Research highlights ServisFirst Bancshares (SFBS), WSFS Financial (WSFS), and Heritage Financial (HFWA) as attractive investment opportunities within the Savings & Loan sector. The sector is benefiting from declining interest rates, relaxed lending criteria, and ongoing digital transformation, leading to increased net interest income and stabilizing funding costs. Despite some credit quality concerns, the lower interest rate environment is expected to support borrower repayment, positioning these companies for continued success.
HFWA SEC Filings - Heritage Finl Corp Wash 10-K, 10-Q, 8-K Forms
This page provides access to Heritage Financial Corporation's (HFWA) SEC filings, including annual 10-K reports, quarterly 10-Q statements, and 8-K material event disclosures. It highlights recent filings detailing insider purchases, quarterly earnings, dividend declarations, and merger agreements such as the acquisition of Olympic Bancorp, Inc. and Kitsap Bank. The platform aims to assist investors in reviewing the company's financial condition, capital, risk profile, and corporate actions with AI-powered summaries.
Heritage Financial Corporation stock hits 52-week high at 28.59 USD
Heritage Financial Corporation's stock reached a 52-week high of $28.59, reflecting strong financial performance and investor confidence. The company recently completed a merger with Olympic Bancorp and reported better-than-expected Q4 2025 earnings, leading analysts to raise price targets. Heritage Financial appears slightly undervalued according to some analyses.
Heritage Financial Corporation stock hits 52-week high at 28.59 USD
Heritage Financial Corporation's stock reached a 52-week high of $28.59 USD, reflecting strong investor confidence with significant returns over the past year. The company recently completed a merger with Olympic Bancorp and reported better-than-expected Q4 2025 earnings, leading analysts to raise price targets. InvestingPro analysis suggests the stock is slightly undervalued despite its recent surge.
SHAREHOLDER INQUIRY: Halper Sadeh LLC Probes HFWA, FSFG, TIPT for Shareholder Interests
Halper Sadeh LLC is investigating Heritage Financial Corporation (HFWA), First Savings Financial Group (FSFG), and Tiptree Inc. (TIPT) for potential violations of federal securities laws and breaches of fiduciary duties related to their recent transactions. The law firm is offering free consultations to shareholders concerned about their rights and options. This investigation comes amidst recent positive financial reports and dividend announcements from Heritage Financial Corporation, as well as analyst upgrades.
Heritage Financial Corporation (NASDAQ:HFWA) Given Consensus Recommendation of "Hold" by Brokerages
Heritage Financial Corporation (NASDAQ:HFWA) has received a consensus "Hold" rating from six brokerages, with an average 12-month target price of $31.25. The company recently surpassed earnings expectations, posting $0.66 EPS against an estimated $0.57, and announced a quarterly dividend of $0.24. Recent insider transactions show sales by a director and an EVP, though hedge funds have actively adjusted their holdings, with institutional investors owning 78.30% of the stock.
Heritage financial director Rivera sells $47k in shares
Heritage Financial Corp director Frederick B. Rivera sold 1,800 shares of common stock for approximately $47,349 on February 3, 2026. This transaction follows the company's merger with Olympic Bancorp, Inc. and strong Q4 2025 earnings, which have led analysts to raise price targets for HFWA.
How Heritage Financial Corporation (HFWA) Affects Rotational Strategy Timing
This article analyzes Heritage Financial Corporation (HFWA) using AI models from Stock Traders Daily, focusing on how its current market signals impact rotational strategy timing. It highlights neutral near-term readings, strong mid-term sentiment, and elevated downside risk due to a lack of long-term support signals. The report also details institutional trading strategies, including position, momentum, and risk-hedging strategies, along with multi-timeframe signal analysis for HFWA.
Heritage Financial (HFWA) completes all-stock merger with Olympic Bancorp and Kitsap Bank
Heritage Financial Corporation (HFWA) has completed its all-stock merger with Olympic Bancorp, Inc., with Olympic merging into Heritage Financial and its subsidiary Kitsap Bank merging into Heritage Bank. Under the agreement, Olympic shareholders received 45.0 shares of Heritage Financial common stock for each Olympic share. This strategic acquisition expands Heritage's banking franchise, and the company plans to file audited financial statements and pro forma information in a subsequent amendment.
Heritage Financial Corporation Completes Acquisition of Olympic Bancorp Inc.
Heritage Financial Corporation has completed its acquisition of Olympic Bancorp, Inc., integrating the latter's operations and Kitsap Bank into its existing framework. This strategic move, announced on February 2, 2026, expands Heritage Financial's market presence in Washington state and aims to strengthen its position in the regional banking sector.
Heritage Financial Corporation Announces Completion of Acquisition of Olympic Bancorp, Inc.
Heritage Financial Corporation (Nasdaq: HFWA) has announced the completion of its merger with Olympic Bancorp, Inc., effective January 31, 2026. As a result, Kitsap Bank has merged into Heritage Bank, and Olympic shareholders will receive 45.0 shares of Heritage's common stock for each Olympic share. Heritage will issue a total of 7,167,600 shares of its common stock for the transaction.
Kitsap Bank branches join Heritage as 7,167,600 new shares issued
Heritage Financial Corporation (HFWA) has successfully completed its merger with Olympic Bancorp, Inc., effective January 31, 2026. This acquisition involves Heritage issuing 7,167,600 shares of its common stock and integrating Kitsap Bank's branches into Heritage Bank, expanding its network across Washington, Oregon, and Idaho. Olympic shareholders will receive 45.0 shares of Heritage common stock for each of their shares.
Heritage Financial Corporation Announces Completion of Acquisition of Olympic Bancorp, Inc.
Heritage Financial Corporation (Nasdaq: HFWA) announced the completion of its acquisition of Olympic Bancorp, Inc., and the merger of Kitsap Bank into Heritage Bank, effective January 31, 2026. Heritage will issue approximately 7.17 million shares of its common stock to Olympic shareholders as part of the transaction. This acquisition expands Heritage Bank's presence in Washington, Oregon, and Idaho, welcoming Kitsap Bank's customers and employees.
Heritage Financial Corporation completed the acquisition of Olympic Bancorp, Inc. from a group of shareholders.
Heritage Financial Corporation has successfully acquired Olympic Bancorp, Inc. for approximately $180 million through an all-stock deal. The merger, which was approved by both companies' boards and shareholders, involved Olympic shareholders receiving 45.0 shares of Heritage common stock for each Olympic share. This acquisition was finalized on January 31, 2026, after receiving all necessary regulatory approvals.
Heritage Financial EVP Wilson sells $50k in stock
Heritage Financial Corp's EVP Chief Banking Officer, Kelli Ann Wilson, sold 1,900 shares of company stock for over $50,000 on January 26, 2026. This transaction leaves Wilson with 3,778 directly owned shares. The sale follows a strong fourth quarter for 2025, where Heritage Financial surpassed earnings and revenue expectations, leading analysts to raise price targets for the stock.
Heritage Financial EVP Wilson sells $50k in stock By Investing.com
Kelli Ann Wilson, EVP Chief Banking Officer at Heritage Financial Corp, sold 1,900 shares of common stock for over $50,000 on January 26, 2026. This transaction leaves Wilson with 3,778 directly owned shares. The sale follows Heritage Financial's strong Q4 2025 earnings which surpassed market expectations, leading several analysts to raise their price targets for the company.
