Heritage Financial Corp (HFWA) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 28, 2020
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Heritage Financial Corp (HFWA, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Heritage Financial Corp is a bank holding company. The company through its subsidiary provides commercial lending and deposit relationships with small businesses and their owners in its market areas and attracting deposits from the general public. Heritage Financial Corp has a market cap of $852.500 million; its shares were traded at around $23.28 with a P/E ratio of 12.69 and P/S ratio of 3.69. The dividend yield of Heritage Financial Corp stocks is 3.27%. GuruFocus has detected 1 severe warning sign with Heritage Financial Corp. .

For the last quarter Heritage Financial Corp reported a revenue of $58.1 million, compared with the revenue of $59.73 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $232.1 million, an increase of 6.2% from last year. For the complete 30-year financial data, please go here.. For the last five years Heritage Financial Corp had an average revenue growth rate of 11.5% a year.

The reported diluted earnings per share was $1.83 for the year, an increase of 22.8% from previous year. Over the last five years Heritage Financial Corp had an EPS growth rate of 14.1% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Heritage Financial Corp has the cash and cash equivalents of $228.6 million, compared with $161.9 million in the previous year. The long term debt was $20.6 million, compared with $20.3 million in the previous year. Heritage Financial Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $23.28, Heritage Financial Corp is traded at 13% premium to its historical median P/S valuation band of $20.61. The P/S ratio of the stock is 3.69, while the historical median P/S ratio is 3.26. The stock lost 24.52% during the past 12 months.

For the complete 20-year historical financial data of HFWA, click here.