Heritage Financial Corporation
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Bryan D. McDonald
- Full Time Employees
- 755
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 201 Fifth Avenue SW Olympia WA United States of America 98501
- IPO Date
- May 7, 1998
- CIK
- 0001046025
- Website
- hf-wa.com
- Similar Companies
- Business
- Heritage Financial Corporation operates as the holding company for Heritage Bank, a Washington state-chartered full-service commercial bank providing a broad range of financial solutions. Its core products and services include 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; commercial business loans; lines of credit; term equipment financing; and term real estate financing. The company also offers deposit products, treasury management, and wealth management services targeting small and medium-sized businesses, professionals, real estate developers, and consumers primarily in Washington, Oregon, and Idaho. Heritage Bank operates under a community banking model with a focus on relationship-based banking service. Founded in 1927 and headquartered in Olympia, Washington, Heritage Financial Corporation has expanded its geographic footprint and market presence through strategic acquisitions over the years. The most significant recent transaction is the acquisition of Olympic Bancorp, Inc., completed in 2025, valued at approximately $176.6 million. This transaction expands Heritage’s presence in the Puget Sound region, making it the second largest bank serving the Kitsap Olympic Peninsulas with an estimated 14% combined market deposit share. The acquisition is expected to contribute significantly to earnings growth and operational efficiencies. Post-merger, Olympic shareholders will hold about 17.4% equity in the combined entity, reflecting the strategic importance of this transaction. The deal marks a return to merger-and-acquisition activity for Heritage after a period of seven years. Heritage Financial Corporation focuses on comprehensive banking and financial services including business banking, wealth management, and treasury management. It services markets in the Northwestern United States, particularly in Washington, Oregon, and Idaho. Operating primarily through Heritage Bank and its subsidiaries, the company continues its strategic growth by integrating locally focused banking services with enhanced financial product offerings. The company emphasizes personalized service and long-term client relationships within its regional community banking framework.
Company News
BlackRock Inc. Purchases Shares of 5,811,114 Heritage Financial Corporation $HFWA
469,403 Shares in Heritage Financial Corporation $HFWA Purchased by Algebris UK Ltd.
Dividend Champion, Contender, And Challenger Highlights: Week August 16
Heritage Financial Corporation (HFWA) Q2 2026 Earnings Call Transcript
Heritage Financial Q2 Earnings Call Highlights
Compared to Estimates, Heritage Financial (HFWA) Q2 Earnings: A Look at Key Metrics
Heritage Financial (HFWA) Surpasses Q2 Earnings Estimates
Heritage Financial Announces Second Quarter 2026 Results and Declares Regular Cash Dividend of $0.25 Per Share
What This Heritage Financial Insider Move Signals With the Stock Up 20%
Heritage Financial Announces Earnings Release Date and Conference Call
Heritage Financial Announces Earnings Release Date and Conference Call
Heritage Financial Corporation (HFWA) Shareholder/Analyst Call Prepared Remarks Transcript
Heritage Financial Corporation (HFWA) Q1 2026 Earnings Call Transcript
Compared to Estimates, Heritage Financial (HFWA) Q1 Earnings: A Look at Key Metrics
Heritage Financial (HFWA) Q1 Earnings Surpass Estimates
Heritage Financial Announces First Quarter 2026 Results and Declares Regular Cash Dividend of $0.24 Per Share
Deprince Race & Zollo Inc. Purchases 50,353 Shares of Heritage Financial Corporation $HFWA
Heritage Financial Announces Earnings Release Date and Conference Call
Brokerages Set Heritage Financial Corporation (NASDAQ:HFWA) Price Target at $31.25
Massachusetts-Based Heritage Financial Joins Savant Wealth Management