Heritage Financial Corporation

Heritage Financial Corporation

HFWA·NASDAQ

$26.69

-2.7%
Financial ServicesBanks - Regional

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 27, 2022, it had a network of 49 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.

At a Glance

Live Snapshot
Market Cap$907.39M
EPS1.9900
P/E Ratio13.41
Earnings Date07/23/2026
5.72%
Return on Invested Capital
88%
3Y-39.0%
5Y+8.0%
10Y-11.0%
7.33%
Return on Equity
46%
3Y-29.0%
5Y+29.0%
10Y-9.0%
0.97%
Return on Assets
59%
3Y-17.0%
5Y+38.0%
10Y-3.0%
Heritage Financial Corporation

Heritage Financial Corporation Management Team

HFWA · NASDAQ
MJ

Mr. Jeffrey J. Deuel

Advisory to the Chief Executive Officer

Compensation

$1,204,239

Born 1959(Age 67)
male
MB

Mr. Bryan D. McDonald

Chief Executive Officer, President & Director

Compensation

$797,831

Born 1972(Age 54)
male
MN

Mr. Nicholas M. Bley

Executive Vice President

Compensation

$373,233

Born 1974(Age 52)
male
MA

Mr. Anthony W. Chalfant

Executive Vice President & Chief Credit Officer

Compensation

$555,062

Born 1962(Age 64)
male
MD

Mr. Donald J. Hinson CPA

Executive Vice President & Chief Financial Officer

Compensation

$639,821

Born 1961(Age 65)
male
MB

Mr. Brian L. Vance

Independent Chairman

Compensation

$122,500

Born 1954(Age 72)
male
MK

Ms. Kaylene M. Lahn CPA

Senior Vice President & Corporate Secretary

Born 1972(Age 54)
female
hfwa

Heritage Financial Corporation Insider Positioning

HFWA · NASDAQ

During the last 12 months, insiders have purchased $440K and sold $246K worth of HFWA shares, resulting in $193K of net buying activity.

3 Months

Bought

0

0.00

Sold

716

19.70K

Net Activity

-20K

-$20K

3-6 Months

Bought

0

0.00

Sold

8.4K

226.72K

Net Activity

-227K

-$227K

6-9 Months

Bought

19.1K

426.44K

Sold

0

0.00

Net Activity

+426K

+$426K

9-12 Months

Bought

576

13.11K

Sold

0

0.00

Net Activity

+13K

+$13K

Top Buyers

1
MB

Mcdonald Bryan

Officer: President

19.1K shares1 transactions

$426K

2
CAE

Curran Amy E.

Officer: Evp Director Commercial Lend

576 shares1 transactions

$13K

Top Sellers

1
CT

Chalfant Tony

Officer: Evp Chief Credit Officer

4.7K shares1 transactions

$129K

2
WKA

Wilson Kelli Ann

Officer: Evp Chief Banking Officer

1.9K shares1 transactions

$50K

3
RFB

Rivera Frederick B

Director

1.8K shares1 transactions

$47K

4
RSC

Robison Sabrina C

Officer: Evp Chief Hr Officer

716 shares1 transactions

$20K

Insider Activity Analysis

Net Insider Sentiment

Bullish

Moderately bullish with $193K net buying. Insiders show cautious optimism through measured share purchases.

Buy/Sell Ratio

1.78:1

Positive buy/sell ratio. Buying exceeds or matches selling, indicating net positive insider sentiment.

Recent Trend (3 Months)

$20K

Heavy recent selling activity. Recent insider sales notably exceed purchases—may warrant investigation into company developments.

Insider Participation

Moderate Selling

4 insider sellers vs. 2 buyers. More insiders selling than buying suggests cautious or negative sentiment.

SEC Filings

HFWA - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2026

N/A

March 20, 2026
March 20, 2026
2026
DEF 14A

DEF 14A 2025

N/A

March 21, 2025
March 21, 2025
2025
DEF 14A

DEF 14A 2024

N/A

March 22, 2024
March 22, 2024
2024
DEF 14A

DEF 14A

N/A

March 22, 2023
March 22, 2023
 
DEF 14A

DEF 14A 2022

N/A

March 18, 2022
March 18, 2022
2022
DEF 14A

DEF 14A 2021

N/A

March 19, 2021
May 04, 2021
2021
DEF 14A

DEF 14A 2020

N/A

March 19, 2020
March 19, 2020
2020
DEF 14A

DEF 14A 2019

N/A

March 21, 2019
March 21, 2019
2019
DEF 14A

DEF 14A 2018

N/A

March 22, 2018
March 22, 2018
2018
DEF 14A

DEF 14A 2017

N/A

March 23, 2017
March 23, 2017
2017
Showing 1 to 10 of 29 filings