Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to businesses and individuals in the United States. The company accepts various deposit products, such as noninterest demand accounts, interest bearing demand deposits, money market accounts, savings accounts, personal checking accounts, and certificates of deposit. Its loan portfolio includes commercial and industrial loans, owner-occupied and non-owner occupied commercial real estate loans, one-to-four family residential loans, real estate construction and land development loans, consumer loans, business loans, lines of credit, term equipment financing, and term real estate loans, as well as commercial loans focuses on real estate related industries and businesses in agricultural, healthcare, legal, and other professions. The company also originates loans that are guaranteed by the U.S. Small Business Administration; and offers trust services through trust powers, as well as objective advice. As of December 31, 2018, the company had a network of 64 branches located in Washington and Oregon. The company was formerly known as Heritage Financial Corporation, M.H.C. and changed its name to Heritage Financial Corporation in 1998. Heritage Financial Corporation was founded in 1994 and is headquartered in Olympia, Washington.
Industry, Sector and Symbol
Industry Savings institutions, except federal
Sub-IndustryRegional Banks
SectorFinance
Phone360-943-1500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$231.02 million
Profitability
Miscellaneous
Employees859
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable
Heritage Financial (NASDAQ:HFWA) Frequently Asked Questions
What is Heritage Financial's stock symbol?
Heritage Financial trades on the NASDAQ under the ticker symbol "HFWA."
How often does Heritage Financial pay dividends? What is the dividend yield for Heritage Financial?
Heritage Financial announced a quarterly dividend on Friday, January 25th. Investors of record on Thursday, February 7th will be paid a dividend of $0.18 per share on Thursday, February 21st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date is Wednesday, February 6th. This is a positive change from Heritage Financial's previous quarterly dividend of $0.17. View Heritage Financial's Dividend History.
How were Heritage Financial's earnings last quarter?
Heritage Financial Corp (NASDAQ:HFWA) released its quarterly earnings data on Thursday, January, 24th. The financial services provider reported $0.47 EPS for the quarter, missing the Zacks' consensus estimate of $0.50 by $0.03. The financial services provider had revenue of $59.73 million for the quarter, compared to analyst estimates of $59.40 million. Heritage Financial had a net margin of 22.94% and a return on equity of 8.82%. View Heritage Financial's Earnings History.
When is Heritage Financial's next earnings date?
What price target have analysts set for HFWA?
3 analysts have issued twelve-month price objectives for Heritage Financial's stock. Their forecasts range from $35.00 to $36.00. On average, they expect Heritage Financial's stock price to reach $35.50 in the next year. This suggests a possible upside of 18.1% from the stock's current price. View Analyst Price Targets for Heritage Financial.
What is the consensus analysts' recommendation for Heritage Financial?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Heritage Financial in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Heritage Financial.
Has Heritage Financial been receiving favorable news coverage?
Media headlines about HFWA stock have been trending negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Heritage Financial earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.
Who are some of Heritage Financial's key competitors?
Some companies that are related to Heritage Financial include Berkshire Hills Bancorp (BHLB), Beneficial Bancorp (BNCL), United Financial Bancorp (UBNK), United Community Financial (UCFC), PCSB Financial (PCSB), Home Bancorp (HBCP), Southern Missouri Bancorp (SMBC), Greene County Bancorp (GCBC), Timberland Bancorp (TSBK), FS Bancorp (FSBW), ESSA Bancorp (ESSA), First Northwest BanCorp (FNWB), Entegra Financial (ENFC), Prudential Bancorp (PBIP) and Rhinebeck Bancorp (RBKB).
What other stocks do shareholders of Heritage Financial own?
Who are Heritage Financial's key executives?
Heritage Financial's management team includes the folowing people:
- Mr. Brian L. Vance, CEO & Director (Age 65)
- Mr. Jeffrey J. Deuel, Pres (Age 60)
- Mr. Donald J. Hinson CPA, Exec. VP & CFO (Age 58)
- Mr. Bryan D. McDonald, Exec. VP & COO (Age 47)
- William K. Glasby, Exec. VP & Chief Technology Officer
Who are Heritage Financial's major shareholders?
Heritage Financial's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.18%), Dimensional Fund Advisors LP (4.69%), Bank of New York Mellon Corp (1.73%), Northern Trust Corp (1.65%), Thomson Horstmann & Bryant Inc. (1.12%) and Jennison Associates LLC (1.05%). Company insiders that own Heritage Financial stock include Anthony Pickering, Brian Charneski, Brian L Vance, David A Spurling, Donald Hinson, John A Clees and Lisa Banner. View Institutional Ownership Trends for Heritage Financial.
Which major investors are selling Heritage Financial stock?
HFWA stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, First Trust Advisors LP, AlphaOne Investment Services LLC, Thomson Horstmann & Bryant Inc., California Public Employees Retirement System, Barclays PLC, MetLife Investment Advisors LLC and TD Asset Management Inc.. Company insiders that have sold Heritage Financial company stock in the last year include Brian L Vance, David A Spurling, Donald Hinson, John A Clees and Lisa Banner. View Insider Buying and Selling for Heritage Financial.
Which major investors are buying Heritage Financial stock?
HFWA stock was acquired by a variety of institutional investors in the last quarter, including Jennison Associates LLC, BlackRock Inc., Millennium Management LLC, Geode Capital Management LLC, Geode Capital Management LLC, Employees Retirement System of Texas, Bank of America Corp DE and Principal Financial Group Inc.. View Insider Buying and Selling for Heritage Financial.
How do I buy shares of Heritage Financial?
Shares of HFWA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Heritage Financial's stock price today?
One share of HFWA stock can currently be purchased for approximately $30.05.
How big of a company is Heritage Financial?
Heritage Financial has a market capitalization of $1.11 billion and generates $231.02 million in revenue each year. The financial services provider earns $53.06 million in net income (profit) each year or $1.76 on an earnings per share basis. Heritage Financial employs 859 workers across the globe.
What is Heritage Financial's official website?
How can I contact Heritage Financial?
Heritage Financial's mailing address is 201 FIFTH AVENUE S.W., OLYMPIA WA, 98501. The financial services provider can be reached via phone at 360-943-1500 or via email at [email protected]
MarketBeat Community Rating for Heritage Financial (NASDAQ HFWA)
MarketBeat's community ratings are surveys of what our community members think about Heritage Financial and other stocks. Vote "Outperform" if you believe HFWA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HFWA will underperform the S&P 500 over the long term. You may vote once every thirty days.
