Heritage Financial (HFWA) to Release Quarterly Earnings on Thursday

22 Apr 2026, 02:22 by Jessica Moore · The Cerbat Gem

Heritage Financial (NASDAQ:HFWA – Get Free Report) is expected to release its Q1 2026 results before the market opens on Thursday, April 23rd. Analysts expect Heritage Financial to post earnings of $0.31 per share and revenue of $80.3120 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, April 23, 2026 at 1:00 PM ET.

Heritage Financial (NASDAQ:HFWA – Get Free Report) last released its earnings results on Thursday, January 22nd. The financial services provider reported $0.66 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.09. Heritage Financial had a return on equity of 8.61% and a net margin of 20.10%.The company had revenue of $66.35 million during the quarter, compared to analyst estimates of $65.95 million. On average, analysts expect Heritage Financial to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Heritage Financial Trading Down 1.6%

NASDAQ HFWA opened at $27.13 on Wednesday. Heritage Financial has a 1-year low of $21.32 and a 1-year high of $28.98. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.05. The stock has a 50-day moving average of $26.48 and a 200-day moving average of $25.00. The firm has a market cap of $1.12 billion, a PE ratio of 13.84 and a beta of 0.49.

Insider Buying and Selling at Heritage Financial

In other Heritage Financial news, Director Frederick B. Rivera sold 1,800 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $26.31, for a total transaction of $47,358.00. Following the completion of the transaction, the director owned 4,972 shares of the company’s stock, valued at $130,813.32. This represents a 26.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Kelli Ann Wilson sold 1,900 shares of the company’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $26.48, for a total value of $50,312.00. Following the transaction, the executive vice president directly owned 3,778 shares of the company’s stock, valued at $100,041.44. The trade was a 33.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 8,368 shares of company stock valued at $226,740 in the last 90 days. Insiders own 1.49% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of HFWA. Wellington Management Group LLP bought a new position in Heritage Financial during the 3rd quarter valued at approximately $11,210,000. Jane Street Group LLC raised its position in Heritage Financial by 437.3% during the 1st quarter. Jane Street Group LLC now owns 107,482 shares of the financial services provider’s stock valued at $2,615,000 after purchasing an additional 87,479 shares during the last quarter. Two Sigma Investments LP raised its position in Heritage Financial by 40.2% during the 3rd quarter. Two Sigma Investments LP now owns 256,567 shares of the financial services provider’s stock valued at $6,206,000 after purchasing an additional 73,586 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Heritage Financial by 38.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 189,644 shares of the financial services provider’s stock valued at $4,485,000 after purchasing an additional 52,913 shares during the last quarter. Finally, State Street Corp grew its holdings in shares of Heritage Financial by 3.2% during the 4th quarter. State Street Corp now owns 1,573,458 shares of the financial services provider’s stock worth $37,212,000 after acquiring an additional 48,765 shares during the period. Institutional investors own 78.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on HFWA. Wall Street Zen raised Heritage Financial from a “sell” rating to a “hold” rating in a research note on Saturday, April 4th. Weiss Ratings raised Heritage Financial from a “hold (c)” rating to a “buy (b-)” rating in a research note on Monday, March 2nd. Piper Sandler lowered their target price on Heritage Financial from $35.00 to $34.00 and set an “overweight” rating for the company in a research note on Thursday, April 2nd. Stephens boosted their target price on Heritage Financial from $28.00 to $30.00 and gave the company an “equal weight” rating in a research note on Monday, January 26th. Finally, DA Davidson boosted their target price on Heritage Financial from $29.00 to $32.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $31.00.

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Heritage Financial Company Profile

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Heritage Financial Corporation (NASDAQ:HFWA) is a bank holding company headquartered in Spokane, Washington. Through its primary subsidiary, Heritage Bank, the company provides a comprehensive range of banking and financial services to both individual and commercial clients. Heritage Bank’s offerings encompass deposit products, lending solutions, treasury and cash management services, mortgage banking, and wealth management, positioning the organization as a full-service community bank.