Heritage Financial Corporation
HFWA Financial Banks Regional
Heritage Financial Corporation’s revenue for fiscal 2025 (year ended December 2025) was $336.0 million, up 5.92% from fiscal 2024.
- Revenue
- +24.6%
- EPS
- −17.9%
- Free cash flow
- +0.66%
- Total debt
- −9.86%
Quarter to September 2026, against a year earlier
Follow HFWA
Alert me
Heritage Financial Corporation (HFWA) P/E ratio
As of 5 November 2026, Heritage Financial Corporation (HFWA) trades at a P/E ratio of 14.1×. Over the past ten years it has ranged from 6.5× (May 2023) to 28.5× (July 2018); the current reading is higher than 37% of that period. That is above the Banks Regional industry median of 12.0× and above the Financial sector median of 12.2×.
P/E ratio, daily
Embed this chart
Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 11.9× | (38.88%) |
| FY2024 | 19.4× | 61.81% |
| FY2023 | 12.0× | (7.87%) |
| FY2022 | 13.0× | 46.76% |
| FY2021 | 8.9× | (50.99%) |
| FY2020 | 18.1× | 17.89% |
| FY2019 | 15.4× | (22.89%) |
| FY2018 | 19.9× | (8.07%) |
| FY2017 | 21.7× | 8.90% |
| FY2016 | 19.9× | 32.19% |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Sep 2026 | 13.6× | (2.12%) |
| Jun 2026 | 13.9× | 10.71% |
| Mar 2026 | 12.6× | 5.69% |
| Dec 2025 | 11.9× | (17.46%) |
| 43 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| HBNC Horizon Bancorp (IN) compare | n/m |
| PFBC Preferred Bank compare | 9.4× |
| NBN Northeast Bancorp compare | 9.7× |
| MCB Metropolitan Bank Holding Corp. compare | 11.9× |
| UVSP Univest Corporation of Pennsylvania compare | 11.9× |
| FSBC Five Star Bancorp compare | 12.4× |
| CFFN Capitol Federal Financial compare | 13.1× |
| HFWA Heritage Financial Corporation | 14.1× |
| AMTB Amerant Bancorp Inc. compare | 17.3× |
| Banks Regional industry median | 12.0× |
| Financial sector median | 12.2× |
| Market median | 17.9× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)