Heritage Financial Corporation HFWA | NASDAQ

Dividends

Company Overview:

Market Cap: $1.15B
Trailing PE: 14.1x
FWD PE *: 11.3x
Payout Ratio (TTM): 33.8%
52-Week Range: $21.32 - $31.25

* Forward PE is based on street estimates.

10 Year HFWA Performance Metrics:

Total Return (with DRIP): 87.5% (6.49% CAGR)
Total Return (no DRIP): 72.9% (5.63% CAGR)
Share Price: 33.0% (2.89% CAGR)
Yield on Cost (with DRIP): 6.63%
Total Invested: $10,000
Total Value (with DRIP): $18,748
Total Return $ (with DRIP): $8,748
Dividend Increase: 84.6% (6.49% CAGR)
Dividend Yield (FWD): 3.54% ($1.00)
HFWA 10-yr Total Return ($10K invested)
1M 3M 6M YTD 1Y 3Y 5Y 10Y
HFWA Share Price
1M 3M 6M YTD 1Y 3Y 5Y 10Y All
HFWA Price CAGR:1Y: 27.30%2Y: 3.74%5Y: 1.75%10Y: 2.89%
HFWA Dividend Charts
HFWA - Dividends
HFWA Dividend CAGR:1Y: 4.17%2Y: 4.26%5Y: 3.55%10Y: -3.84%
HFWA - Dividend Payout Ratio
HFWA Dividend Payout Ratio CAGR:1Y: 27.98%2Y: -11.40%5Y: 9.34%10Y: 5.27%
HFWA - Dividend to Free Cash Flow Ratio
HFWA Dividend to FCF Ratio CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
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HFWA - Chart 1
HFWA - Chart 2
HFWA - Chart 3

HFWA Financials: Earnings, Revenue, Cash Flow, Ebitda, Cash/Debt, Shares Float, etc:

Revenue
HFWA Revenue CAGR:1Y: 66.59%2Y: 15.77%5Y: 12.92%10Y: 9.67%
Earnings Per Share (EPS)
HFWA EPS CAGR:1Y: -16.36%2Y: 18.07%5Y: -4.53%10Y: 2.20%
Net Income
HFWA Net Income CAGR:1Y: -2.34%2Y: 28.02%5Y: -1.89%10Y: 5.42%
EBITDA
HFWA EBITDA CAGR:1Y: 99.79%2Y: 82.73%5Y: 15.61%10Y: 9.30%
Free Cash Flow
HFWA Free Cash Flow CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Free Cash Flow / Share
HFWA Free Cash Flow / Share CAGR:1Y: 4.06%2Y: 5.08%5Y: 5.40%10Y: 8.46%
Operating Income
HFWA Operating Income CAGR:1Y: -0.10%2Y: 30.59%5Y: -2.73%10Y: 3.93%
Gross Profit
HFWA Gross Profit CAGR:1Y: 31.79%2Y: 26.85%5Y: 7.16%10Y: 6.84%
Shares Outstanding
HFWA Shares Outstanding CAGR:1Y: 19.76%2Y: 9.05%5Y: 2.78%10Y: 3.33%
Share Buybacks
HFWA Share Buybacks CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Stock-Based Comp
HFWA Stock-Based Comp CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Expenses
HFWA Expenses CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Revenue vs Net Income
EPS vs FCF / Share
EPS vs PE Ratio
FCF vs FCF / Share
FCF vs Stock Based Comp
Cash & Debt
Revenue by Segment
HFWA Revenue CAGR:1Y: 66.59%2Y: 15.77%5Y: 12.92%10Y: 9.67%

Revenue, EPS, Net Income & Ebitda - Estimates VS Actual:

REVENUE: Actual + Estimates
HFWA Actual Revenue CAGR:1Y: 66.59%2Y: 15.77%5Y: 12.92%10Y: 9.67%
EPS: Actual + Estimates
HFWA Actual EPS CAGR:1Y: -16.36%2Y: 18.07%5Y: -4.53%10Y: 2.20%
NET INCOME: Actual + Estimates
HFWA Actual Net Income CAGR:1Y: -2.34%2Y: 28.02%5Y: -1.89%10Y: 5.42%
EBITDA: Actual + Estimates
HFWA Actual EBITDA CAGR:1Y: 99.79%2Y: 82.73%5Y: 15.61%10Y: 9.30%

Ratios, Profit Margins & Return on Capital:

Net Profit Margin
HFWA Net Profit Margin CAGR:1Y: -21.63%2Y: 10.56%5Y: -13.12%10Y: -3.88%
Gross Profit Margin
HFWA Gross Profit Margin CAGR:1Y: 5.76%2Y: 9.56%5Y: -5.10%10Y: -2.58%
Price to Earnings
HFWA Price to Earnings CAGR:1Y: 39.05%2Y: -4.17%5Y: 6.36%10Y: 2.21%
Price To Sales Ratio
HFWA Price To Sales Ratio CAGR:1Y: 9.99%2Y: 6.02%5Y: -7.57%10Y: -1.74%
Return on Capital Employed
HFWA Return on Capital Employed CAGR:1Y: -4.62%2Y: 42.76%5Y: 7.27%10Y: 16.53%
Return on Invested Capital
HFWA Return on Invested Capital CAGR:1Y: -15.30%2Y: 49.98%5Y: -9.00%10Y: -3.79%

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HFWA Dividends Info:

Annual Dividend: $1
Forward Yield: 3.54%
Ex-Dividend Date: 2026-11-04
Lifetime Dividends / Share: $17.43

Projected Future Returns & Dividends for HFWA

Based on past 10-year performance, here are HFWA growth metrics:

Share price CAGR of +2.89%
Dividend CAGR of -3.85%

Using HFWA CAGR metrics, we can estimate that your initial $10000 investment, over the next 10 years, should grow as follows:

HFWA (DRIP)HFWA - No DRIP
Current Price$28.26$28.26
Start Shares353.86353.86
Start Value$10,000$10,000
  
After 10 years:
Final Share Count461.19353.86
Dividends Payment$0.17$0.17
Annual Dividends$311$239
Yield on cost3.11%2.39%
Share Price$37.58$37.58
Total Dividends$3,427$2,985
Final Value$17,333$16,283

Estimated Future Value + Dividends - HFWA

NOTE: Above numbers are our estimate based on HFWA's Dividend and Price CAGR over past 10 years. These numbers should only be considered as "potential future returns"! DRIP assumes reinvesting dividends; No-DRIP assumes collecting dividends as cash.

We cannot guarantee that your actual returns will meet these estimates.

Company Info

Heritage Financial Corporation (HFWA) had its IPO on 1998-05-07, and is traded on NASDAQ stock exchange.

Heritage Financial Corporation operates as the parent company for Heritage Bank, providing a comprehensive range of financial services to individuals and small to mid-sized businesses throughout the United States. The company's deposit offerings include various checking accounts (both interest and non-interest bearing), money market accounts, savings accounts, and certificates of deposit. Its extensive lending portfolio encompasses commercial and industrial financing, real estate loans for both owner-occupied and investment properties, residential mortgages for single to four-family dwellings, and funding for construction and land development projects. Additionally, it extends consumer loans, lines of credit, equipment financing, and commercial business loans to a wide array of sectors such as real estate, leasing, healthcare, hospitality, retail, and construction. Heritage Financial also originates loans backed by the U.S. Small Business Administration and delivers trust services along with professional financial guidance. As of January 27, 2022, the corporation managed 49 banking locations situated across Washington and Oregon. Established in 1927 and headquartered in Olympia, Washington, the company adopted its current name in 1998, having previously operated as Heritage Financial Corporation, M.H.C.

HFWA website: https://www.hf-wa.com


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DCF Model — HFWA

Value from:
Pay up to today
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vs current price $28.26
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Cash flow & implied price by year

FCF is negative or missing for this company (common for banks) — the model discounts EPS instead.

EPS is negative or missing for this company — Simple mode uses free cash flow per share instead.

Free cash flow today
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grows for the next years
Then mature
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every future dollar counted back to today
Pile of today-dollars
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÷ shares
Implied price path
YearFCFImplied price
Sensitivity — fair value: growth ↓ × target return →