Heritage Financial Corporation (HFWA)
Company Info
| ISIN | US42722X1063 |
|---|---|
| CUSIP | 42722X106 |
| Sector | Financial Services |
| Industry | Banks - Regional |
Highlights
| Market Cap | $785.82M |
|---|---|
| EPS (TTM) | $1.26 |
| PE Ratio | 18.08 |
| PEG Ratio | 2.13 |
| Total Revenue (TTM) | $286.29M |
| Gross Profit (TTM) | $286.29M |
| EBITDA (TTM) | $21.17M |
| Year Range | $14.76 - $23.56 |
| Target Price | $24.20 |
| Short % | 1.79% |
| Short Ratio | 2.39 |
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Heritage Financial Corporation, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Heritage Financial Corporation had a return of 7.93% year-to-date (YTD) and 44.44% in the last 12 months. Over the past 10 years, Heritage Financial Corporation had an annualized return of 6.64%, while the S&P 500 had an annualized return of 11.17%, indicating that Heritage Financial Corporation did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.93% | 19.55% |
| 1 month | 1.60% | 1.45% |
| 6 months | 24.60% | 8.95% |
| 1 year | 44.44% | 31.70% |
| 5 years (annualized) | -0.40% | 13.79% |
| 10 years (annualized) | 6.64% | 11.17% |
Monthly Returns
The table below presents the monthly returns of HFWA, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -5.80% | -7.79% | 5.67% | -8.51% | 3.45% | -0.55% | 28.51% | -0.33% | 7.93% | ||||
| 2023 | -6.89% | -1.57% | -23.22% | -17.71% | -5.90% | -1.10% | 16.02% | -7.12% | -5.28% | 1.11% | 9.53% | 20.03% | -26.89% |
| 2022 | -0.74% | 8.98% | -4.42% | -3.35% | 8.69% | -3.60% | 3.42% | 0.68% | 1.85% | 27.28% | -1.73% | -6.87% | 29.33% |
| 2021 | 0.90% | 10.62% | 9.08% | -0.50% | 3.96% | -13.75% | -3.32% | 6.09% | 0.20% | -2.59% | -4.89% | 4.31% | 7.88% |
| 2020 | -8.90% | -9.37% | -13.76% | 0.25% | -4.16% | 5.26% | -5.43% | 6.56% | -7.77% | 13.98% | 12.07% | 0.52% | -14.06% |
| 2019 | 4.24% | 6.87% | -8.44% | 0.43% | -6.64% | 5.12% | -3.45% | -7.56% | 2.98% | 2.11% | 0.85% | 2.61% | -2.37% |
| 2018 | 0.00% | -2.92% | 2.86% | -2.94% | 8.76% | 8.40% | 0.57% | 4.00% | -3.17% | -6.91% | 7.75% | -15.01% | -1.34% |
| 2017 | -0.97% | -1.50% | -1.00% | 6.67% | -9.20% | 11.11% | 2.64% | -3.40% | 12.81% | 3.39% | 7.50% | -5.38% | 22.26% |
| 2016 | -3.87% | -3.09% | 0.75% | 5.01% | -0.39% | -3.72% | -0.68% | 6.56% | -2.87% | 2.51% | 25.61% | 13.69% | 42.21% |
| 2015 | -11.57% | 4.48% | 5.46% | -0.59% | 1.89% | 4.44% | -0.95% | 0.73% | 6.21% | -2.13% | 7.49% | -3.78% | 10.57% |
| 2014 | -0.41% | 4.60% | -4.57% | -4.08% | -2.54% | 2.16% | -1.12% | 3.40% | -3.18% | 10.80% | -2.18% | 3.66% | 5.60% |
| 2013 | -3.81% | -1.46% | 4.69% | -3.79% | -0.45% | 6.08% | 8.46% | -3.80% | 2.65% | 3.93% | 7.15% | -0.58% | 19.55% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of HFWA is 77, placing it in the top 23% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Heritage Financial Corporation (HFWA) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Heritage Financial Corporation granted a 4.08% dividend yield in the last twelve months. The annual payout for that period amounted to $0.91 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.91 | $0.88 | $0.84 | $0.81 | $0.80 | $0.74 | $0.72 | $0.60 | $0.71 | $0.52 | $0.48 | $0.40 |
Dividend yield | 4.08% | 4.11% | 2.74% | 3.31% | 3.42% | 2.61% | 2.41% | 1.96% | 2.75% | 2.74% | 2.75% | 2.36% |
Monthly Dividends
The table displays the monthly dividend distributions for Heritage Financial Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.23 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.23 | $0.00 | $0.69 | |||
| 2023 | $0.00 | $0.22 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.22 | $0.00 | $0.22 | $0.00 | $0.00 | $0.88 |
| 2022 | $0.00 | $0.21 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.21 | $0.00 | $0.84 |
| 2021 | $0.00 | $0.20 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.21 | $0.00 | $0.81 |
| 2020 | $0.00 | $0.20 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.20 | $0.00 | $0.80 |
| 2019 | $0.00 | $0.18 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.19 | $0.00 | $0.74 |
| 2018 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.27 | $0.00 | $0.72 |
| 2017 | $0.00 | $0.12 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.23 | $0.00 | $0.60 |
| 2016 | $0.00 | $0.11 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.37 | $0.00 | $0.71 |
| 2015 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.21 | $0.00 | $0.52 |
| 2014 | $0.00 | $0.08 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.24 | $0.00 | $0.48 |
| 2013 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.08 | $0.00 | $0.40 |
Dividend Yield & Payout
Dividend Yield
Payout Ratio
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Heritage Financial Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Heritage Financial Corporation was 65.15%, occurring on Mar 9, 2009. Recovery took 1934 trading sessions.
The current Heritage Financial Corporation drawdown is 29.16%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -65.15% | Apr 5, 2006 | 691 | Mar 9, 2009 | 1934 | Nov 14, 2016 | 2625 |
| -55.53% | Jul 24, 2018 | 455 | May 13, 2020 | 621 | Oct 28, 2022 | 1076 |
| -54.34% | Nov 8, 2022 | 128 | May 12, 2023 | — | — | — |
| -52.96% | Apr 17, 1998 | 506 | Apr 17, 2000 | 494 | Apr 24, 2002 | 1000 |
| -22.89% | Apr 4, 2003 | 309 | Jun 25, 2004 | 303 | Sep 26, 2005 | 612 |
Volatility
Volatility Chart
The current Heritage Financial Corporation volatility is 8.63%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Financials
Financial Performance
Valuation
The Valuation section provides an assessment of the market value of Heritage Financial Corporation compared to its peers in the Banks - Regional industry.
PE Ratio
The chart displays the price to earnings (P/E) ratio for HFWA in comparison to other companies of the Banks - Regional industry. Currently, HFWA has a PE value of 18.1. This PE ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.
PEG Ratio
The chart displays the price to earnings to growth (PEG) ratio for HFWA in comparison to other companies of the Banks - Regional industry. Currently, HFWA has a PEG value of 2.1. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.
Historical P/E Ratio Chart
The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Heritage Financial Corporation.
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Income Statement
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