HFWA:NSD-Heritage Financial Corporation (USD)

COMMON STOCK | Banks-Regional | NYE

Last Closing Price

USD 24.28

Change

+0.26 (+1.08)%

Market Cap

USD 0.87B

Volume

0.15M

Avg Analyst Target

N/A

Avg User Target

USD
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States. The company accepts various deposit products, such as noninterest demand deposits, interest bearing demand deposits, money market accounts, savings accounts, personal checking accounts, and certificates of deposit. Its loan portfolio includes commercial and industrial loans, owner-occupied and non-owner occupied commercial real estate loans, one-to-four family residential loans, real estate construction and land development loans, consumer loans, commercial business loans, lines of credit, term equipment financing, and term real estate loans, as well as commercial business loans to a range of businesses in industries that include real estate and rental and leasing, healthcare, accommodation and food services, retail trade, and construction. The company also originates loans that are guaranteed by the U.S. Small Business Administration; and offers trust services, as well as objective advice. As of January 07, 2021, it had a network of 61 banking offices located in Washington and Oregon. The company was formerly known as Heritage Financial Corporation, M.H.C. and changed its name to Heritage Financial Corporation in 1998. Heritage Financial Corporation was founded in 1927 and is headquartered in Olympia, Washington.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-08-03 )

Largest Industry Peers for Banks-Regional

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
HDB HDFC Bank Limited

+1.39 (+1.96%)

USD130.01B 176.65 N/A
USB-PH U.S. Bancorp

-0.01 (-0.04%)

USD103.83B 5.40 N/A
USB-PP U.S. Bancorp

-0.11 (-0.39%)

USD87.50B 5.97 N/A
USB U.S. Bancorp

+0.76 (+1.38%)

USD82.37B 11.90 N/A
USB-PO U.S. Bancorp

N/A

USD81.31B 8.27 N/A
USB-PM U.S. Bancorp

-0.02 (-0.08%)

USD78.13B 5.55 N/A
PNC The PNC Financial Services Gro..

+4.56 (+2.51%)

USD77.50B 13.83 N/A
IBN ICICI Bank Limited

+0.40 (+2.17%)

USD64.38B 24.08 N/A
PNC-PQ The PNC Financial Services Gro..

N/A

USD58.78B 2.14 N/A
BSBR Banco Santander (Brasil) S.A

-0.03 (-0.38%)

USD57.94B 10.81 N/A

ETFs Containing HFWA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Banks-Regional)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 3.81% 44% F 37% F
Dividend Return 2.57% 69% D+ 67% D+
Total Return 6.37% 45% F 38% F
Trailing 12 Months  
Capital Gain 31.81% 50% F 56% F
Dividend Return 4.34% 40% F 62% D-
Total Return 36.16% 53% F 58% F
Trailing 5 Years  
Capital Gain 40.59% 65% D 59% F
Dividend Return 20.96% 79% C+ 73% C
Total Return 61.55% 71% C- 61% D-
Average Annual (5 Year Horizon)  
Capital Gain 5.36% 67% D+ 43% F
Dividend Return 2.67% 61% D- 67% D+
Total Return 8.03% 71% C- 45% F
Risk Return Profile  
Volatility (Standard Deviation) 29.65% 47% F 60% D-
Risk Adjusted Return 27.09% 65% D 42% F
Market Capitalization 0.87B 18% F 48% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Banks-Regional)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 8.95 65% D 80% B-
Price/Book Ratio 1.02 68% D+ 74% C
Price / Cash Flow Ratio N/A N/A N/A N/A N/A
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 11.95% 51% F 64% D
Return on Invested Capital 24.49% 94% A 93% A
Return on Assets 1.44% 82% B- 37% F
Debt to Equity Ratio 2.55% 98% A+ 92% A-
Technical Ratios  
Short Ratio 4.69 23% F 17% F
Short Percent 2.89% 26% F 52% F
Beta 0.78 88% B+ 71% C-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

No discussions yet

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.