Heritage Financial Corporation

HFWA · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$317$303$257$247
% Growth4.6%17.9%3.9%
Cost of Goods Sold$107$64$7-$22
Gross Profit$211$240$250$270
% Margin66.4%79%97.4%109%
R&D Expenses$0$0$0$0
G&A Expenses$102$103$94$91
SG&A Expenses$103$105$96$93
Sales & Mktg Exp.$1$2$2$2
Other Operating Expenses$56$61$55$56
Operating Expenses$158$167$151$149
Operating Income$52$73$99$121
% Margin16.5%24.1%38.7%48.7%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$52$73$99$121
Tax Expense$9$11$18$22
Net Income$43$62$82$98
% Margin13.6%20.4%31.9%39.6%
EPS1.261.762.332.75
% Growth-28.4%-24.5%-15.3%
EPS Diluted1.241.752.312.73
Weighted Avg Shares Out34353536
Weighted Avg Shares Out Dil35353536
Supplemental Information
Interest Income$310$284$227$213
Interest Expense$100$59$8$7
Depreciation & Amortization$3$6$3-$19
EBITDA$55$79$103$102
% Margin17.5%25.9%39.9%41.2%
Heritage Financial Corporation (HFWA) Financial Statements & Key Stats | AlphaPilot