HERITAGE FINANCIAL CORP /WA/
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Interest expense | — | — | $59.3M | $8.1M | $7.0M |
| Pretax income | $78.6M | $52.3M | $72.9M | $99.4M | $120.5M |
| Income tax expense | $11.1M | $9.0M | $11.2M | $17.6M | $22.5M |
| Net income | $67.5M | $43.3M | $61.8M | $81.9M | $98.0M |
| Balance Sheet | |||||
| Cash and equivalents | $233.1M | $117.1M | $225.0M | $103.6M | $1.7B |
| Total assets | $7.0B | $7.1B | $7.2B | $7.0B | $7.4B |
| Total liabilities | $6.0B | $6.2B | $6.3B | $6.2B | $6.6B |
| Stockholders' equity | $921.5M | $863.5M | $853.3M | $797.9M | $854.4M |
| Cash Flow Statement | |||||
| Cash from operations | $94.8M | $64.5M | $109.5M | $94.5M | $69.5M |
| Depreciation and amortization | $956,000 | $1.6M | $3.2M | $341,000 | $21.7M |
| Capital expenditure | $9.2M | $3.5M | $10.4M | $4.0M | $3.0M |
| Free cash flow | $85.7M | $61.0M | $99.1M | $90.4M | $66.5M |
| Dividends paid | $32.6M | $31.8M | $30.8M | $29.5M | $28.9M |
| Share repurchases | $5.5M | $22.4M | $7.0M | $3.2M | $22.9M |
| Impairments | — | — | — | $0 | $0 |
Shares outstanding 41.2M · Free float 94.1%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.