Heritage Historical Income Statement

HFWA Stock  USD 26.17  0.11  0.42%   
Historical analysis of Heritage Financial income statement accounts such as Selling General Administrative of 108.6 M or Selling And Marketing Expenses of 1.6 M can show how well Heritage Financial performed in making a profits. Evaluating Heritage Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Heritage Financial's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Heritage Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Heritage Financial is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For information on how to trade Heritage Stock refer to our How to Trade Heritage Stock guide.

About Heritage Income Statement Analysis

Heritage Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Heritage Financial shareholders. The income statement also shows Heritage investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Heritage Financial Income Statement Chart

At present, Heritage Financial's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 108.6 M, whereas Depreciation And Amortization is forecasted to decline to about 5.2 M.

Total Revenue

Total revenue comprises all receipts Heritage Financial generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most accounts from Heritage Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Heritage Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For information on how to trade Heritage Stock refer to our How to Trade Heritage Stock guide.At present, Heritage Financial's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 108.6 M, whereas Depreciation And Amortization is forecasted to decline to about 5.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense7.0M8.1M59.3M62.3M
Depreciation And Amortization8.4M8.2M5.6M5.2M

Heritage Financial income statement Correlations

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-0.180.53-0.120.480.330.090.310.36-0.040.480.780.110.150.750.620.260.110.540.65-0.93-0.350.93
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0.61-0.120.60.560.330.460.390.370.480.550.380.450.32-0.080.410.370.270.270.230.220.06-0.18
0.350.480.980.560.730.670.90.910.661.00.90.820.60.380.510.870.630.90.86-0.38-0.620.37
0.160.330.750.330.730.940.880.860.820.730.550.820.370.230.620.840.850.670.63-0.27-0.190.26
0.320.090.670.460.670.940.830.80.880.670.40.880.390.070.470.830.80.60.570.04-0.120.1
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0.250.360.870.370.910.860.81.00.810.920.710.940.560.30.410.990.810.890.82-0.28-0.630.27
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0.140.110.580.270.630.850.80.860.810.930.630.360.810.310.20.380.80.50.42-0.14-0.310.05
0.090.540.860.270.90.670.60.850.890.520.90.840.80.640.320.420.880.50.98-0.38-0.730.47
0.050.650.830.230.860.630.570.780.820.440.860.860.730.60.410.480.810.420.98-0.44-0.680.62
0.18-0.93-0.430.22-0.38-0.270.04-0.24-0.280.09-0.38-0.680.030.0-0.75-0.51-0.15-0.14-0.38-0.440.31-0.8
-0.06-0.35-0.510.06-0.62-0.19-0.12-0.59-0.63-0.29-0.63-0.59-0.53-0.42-0.410.14-0.61-0.31-0.73-0.680.31-0.31
-0.170.930.42-0.180.370.260.10.230.27-0.030.370.670.10.090.750.510.210.050.470.62-0.8-0.31
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Heritage Financial Account Relationship Matchups

Heritage Financial income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization8.7M9.0M8.4M8.2M5.6M5.2M
Interest Expense18.2M13.3M7.0M8.1M59.3M62.3M
Selling General Administrative101.3M89.9M90.9M94.1M103.4M108.6M
Selling And Marketing Expenses3.5M3.1M2.1M1.6M1.9M1.6M
Total Revenue232.1M238.2M240.4M249.0M239.5M251.5M
Ebit90.5M87K93.5M94.4M72.9M76.6M
Ebitda99.2M9.1M101.9M102.5M78.5M39.8M
Income Before Tax81.0M53.2M120.5M99.4M72.9M76.6M
Net Income67.6M46.6M98.0M81.9M61.8M64.8M
Income Tax Expense13.5M6.6M22.5M17.6M11.2M8.2M
Gross Profit232.1M238.2M240.4M249.0M239.5M251.5M
Other Operating Expenses168.9M198.6M127.0M157.6M243.8M256.0M
Operating Income81.0M53.2M120.5M99.4M72.9M37.2M
Total Operating Expenses33.4M34.6M38.3M37.8M243.8M256.0M
Total Other Income Expense Net81.0M(13.2M)11.6M(19.5M)72.9M76.6M
Net Income Applicable To Common Shares67.6M46.6M98.0M81.9M94.2M98.9M
Net Income From Continuing Ops67.6M46.6M98.0M81.9M61.8M49.6M
Tax Provision13.5M6.6M22.5M17.6M11.2M14.9M
Net Interest Income199.7M201.0M205.8M219.4M225.2M193.1M
Interest Income217.9M214.3M212.8M227.5M284.5M208.9M
Reconciled Depreciation12.2M(87K)3.1M2.8M5.6M5.6M

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When determining whether Heritage Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Heritage Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Heritage Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Heritage Financial Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For information on how to trade Heritage Stock refer to our How to Trade Heritage Stock guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Financial. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.35)
Dividend Share
0.91
Earnings Share
1.07
Revenue Per Share
5.885
Quarterly Revenue Growth
(0.17)
The market value of Heritage Financial is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Financial's value that differs from its market value or its book value, called intrinsic value, which is Heritage Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Financial's market value can be influenced by many factors that don't directly affect Heritage Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heritage Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.