The financials
Heritage Financial Corporation by the numbers
Heritage Financial Corporation (HFWA) reported revenue of $91M in Q1 2026 (quarter ended March 31, 2026), up 17% from the same quarter a year earlier. That came with net income of $19M (21% of revenue). For the full year FY2025, revenue was $314M (+1.5% year on year) and net income $68M. Its largest product in 2026-Q2 was Deposit Account at $3.6M, 58% of the disclosed total, just ahead of Credit And Debit Card at 42%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $91M | $77M | +17% |
| Net income | $19M | $14M | +36% |
| Diluted EPS | $0.48 | $0.40 | +20% |
| Product | Revenue | Share |
|---|---|---|
| Deposit Account | $3.6M | 58% |
| Credit And Debit Card | $2.6M | 42% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $6.2M (+13%)
Credit And Debit Card grew +29% year on yearDeposit Account +23% year on year
Segment Latestquarter on quarteryear on year
- Deposit Account$3.6M$3.6MQoQ +6.7%year on year +23%+6.7%+23%
- Credit And Debit Card$2.6M$2.6MQoQ +23%year on year +29%+23%+29%