Heritage Financial Corporation
HFWA · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $317,185 | $303,128 | $257,048 | $247,446 |
| % Growth | 4.6% | 17.9% | 3.9% | – |
| Cost of Goods Sold | $106,630 | $63,590 | $6,646 | -$22,330 |
| Gross Profit | $210,555 | $239,538 | $250,402 | $269,776 |
| % Margin | 66.4% | 79% | 97.4% | 109% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $101,787 | $103,395 | $94,107 | $90,871 |
| SG&A Expenses | $102,775 | $105,325 | $95,750 | $93,014 |
| Sales & Mktg Exp. | $988 | $1,930 | $1,643 | $2,143 |
| Other Operating Expenses | $55,521 | $61,298 | $55,216 | $56,255 |
| Operating Expenses | $158,296 | $166,623 | $150,966 | $149,269 |
| Operating Income | $52,259 | $72,915 | $99,436 | $120,507 |
| % Margin | 16.5% | 24.1% | 38.7% | 48.7% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $52,259 | $72,915 | $99,436 | $120,507 |
| Tax Expense | $9,001 | $11,160 | $17,561 | $22,472 |
| Net Income | $43,258 | $61,755 | $81,875 | $98,035 |
| % Margin | 13.6% | 20.4% | 31.9% | 39.6% |
| EPS | 1.26 | 1.76 | 2.33 | 2.75 |
| % Growth | -28.4% | -24.5% | -15.3% | – |
| EPS Diluted | 1.24 | 1.75 | 2.31 | 2.73 |
| Weighted Avg Shares Out | 34,465 | 35,481 | 35,103 | 35,678 |
| Weighted Avg Shares Out Dil | 34,899 | 35,258 | 35,464 | 35,973 |
| Supplemental Information | – | – | – | – |
| Interest Income | $309,712 | $284,465 | $227,457 | $212,831 |
| Interest Expense | $100,348 | $59,310 | $8,072 | $7,042 |
| Depreciation & Amortization | $3,231 | $5,604 | $3,091 | -$18,628 |
| EBITDA | $55,490 | $78,519 | $102,527 | $101,879 |
| % Margin | 17.5% | 25.9% | 39.9% | 41.2% |