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?
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?
Heritage Financial Corporation (NASDAQ:HFWA ) Q4 2024 Earnings Conference Call January 23, 2024 1:00 PM ET Corporate Participants Jeff Deuel - Chief Executive Officer, Heritage Financial Tony Chalfant - Chief Credit Officer Bryan McDonald - Chief Executive Officer, Heritage Bank Jennifer Nino - Chief Accounting Officer Conference Call Participants Jeff Rulis - D.A. Davidson Liam Coohill - Raymond James Kelly Motta - KBW Operator Hello, everyone, and a warm welcome to Heritage Financial Q4 and Year-End Earnings Call.
Although the revenue and EPS for Heritage Financial (HFWA) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.