Heritage Financial (HFWA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Heritage Financial (HFWA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Heritage Financial is well-positioned for growth in the Pacific Northwest, leveraging a strong capital base and potential for M&A-driven expansion. The bank boasts a low-cost, stable deposit base and excellent credit quality, supporting above-peer profitability and resilience. Management succession is smooth, with no expected strategic shifts; capital will focus on organic growth and acquisitions rather than buybacks.
Despite a 39.8% stock increase, I maintain a "Hold" rating on Heritage Financial Corporation shares due to high uninsured deposit exposure and mediocre asset quality. Q1 2025 showed revenue and earnings growth, but fell short of analysts' expectations, causing a 1.5% drop in share price. Heritage Financial's balance sheet shows rising deposits and reduced debt, but office asset exposure and high vacancy rates are concerning.
Heritage Financial Corporation (NASDAQ:HFWA ) Q1 2025 Earnings Conference Call April 24, 2025 1:00 PM ET Company Participants Bryan McDonald - CEO, Heritage Bank Don Hinson - CFO Tony Chalfant - Chief Credit Officer Jeffery Deuel - CEO, Heritage Financial Conference Call Participants Jeff Rulis - D.A. Davidson Jackson Laurent - Stephens Kelly Motta - KBW Adam Butler - Piper Sandler Operator Hello, everyone, and a warm welcome to the Heritage Financial Q1 Earnings Call.
Although the revenue and EPS for Heritage Financial (HFWA) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Heritage Financial (HFWA) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.40 per share a year ago.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Heritage Financial (HFWA) have what it takes?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Heritage Financial (HFWA) have what it takes?
VLY, NNGRY and HFWA made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 24, 2025.
Heritage Financial (HFWA) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Heritage Financial (HFWA) have what it takes?