Heritage Financial's earnings per share without non-recurring items for the
three
months ended in Mar. 2026 was $0.59.
Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was $2.34.
During the past 12 months, Heritage Financial's average earnings per share (NRI) Growth Rate was 62.30% per year.
During the past 3 years, the average earnings per share (NRI) Growth Rate was -0.90% per year.
During the past 5 years, the average earnings per share (NRI) Growth Rate was 0.70% per year.
During the past 10 years, the average earnings per share (NRI) Growth Rate was 4.30% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.
The historical rank and industry rank for Heritage Financial's EPS without NRI or its related term are showing as below:
HFWA'
s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -40.2 Med: 13.7 Max: 41.5
Current: -0.9
During the past 13 years, Heritage Financial's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 41.50% per year. The lowest was -40.20% per year. And the median was 13.70% per year.
HFWA's 3-Year EPS without NRI Growth Rate is ranked worse than 72.79% of 1415
companies
in the Banks industry
Industry Median: 7.2
vs HFWA: -0.90
Heritage Financial's EPS (Basic) for the
three
months ended in Mar. 2026 was $0.49.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.07.
Heritage Financial (NAS:HFWA) EPS without NRI Explanation
EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Heritage Financial EPS without NRI Related Terms
Heritage Financial EPS without NRI Historical Data
* Premium members only.
The historical data trend for Heritage Financial's EPS without NRI can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HFWA vs OSBC, UVSP, MCB: EPS without NRI Comparison
For the Banks - Regional subindustry, Heritage Financial's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Heritage Financial PE Ratio without NRI vs Banks Industry
For the Banks industry and Financial Services sector, Heritage Financial's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Heritage Financial's PE Ratio without NRI falls into.
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.
EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.34
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Heritage Financial (HFWA) has a EPS without NRI of $2.34 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Heritage Financial and its competitors. According to the industry distribution chart, Heritage Financial ranks #1030 out of 1415 companies in the Banks industry, placing it in the top 72.8%.
Is Heritage Financial's EPS without NRI too high?
Heritage Financial's current EPS without NRI is $2.34. The Banks industry median EPS without NRI is 7.20. Heritage Financial's value of $2.34 is 67.5% below this industry median. Based on the distribution chart, Heritage Financial ranks #1030 out of 1415 companies in the Banks industry, which is below the industry midpoint. Overall, Heritage Financial has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heritage Financial's EPS without NRI compare to OSBC and UVSP?
According to the Banks industry distribution chart, Heritage Financial ranks #1030 out of 1415 companies for EPS without NRI. This places Heritage Financial in the lower half of its industry. The industry median EPS without NRI is 7.20. Heritage Financial's value of $2.34 is 67.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Banks company?
The median EPS without NRI among Banks companies is 7.20, based on 1,415 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heritage Financial's current EPS without NRI of $2.34 is 67.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Heritage Financial and its competitors. For the Banks industry, the median EPS without NRI is 7.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heritage Financial's current EPS without NRI is $2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heritage Financial stock overvalued right now?
Based on GuruFocus' analysis, Heritage Financial (HFWA) is currently considered Fairly Valued. The stock's GF Value™ is $27.32, compared to a current price of $29.70 — trading 8.7% above its estimated fair value. The current EPS without NRI is $2.34 and 67.5% below the Banks industry median of 7.20. Heritage Financial's overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Heritage Financial (HFWA), the current EPS without NRI is $2.34 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Heritage Financial (HFWA) Overvalued in 2026?
Based on GuruFocus' analysis, Heritage Financial stock appears to be overvalued.
The current stock price of $29.70 is trading 8.7% above its estimated GF Value™ of $27.32.
GuruFocus considers Heritage Financial to be Fairly Valued.
Key valuation signals for HFWA:
EPS without NRI: $2.34
GF Value™: $27.32 vs. price of $29.70 (8.7% above fair value)
Industry Position: 67.5% below the Banks median (#1030 of 1415)
No single metric tells the full story. See the HFWA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 attracts deposits from the general public. It accepts various deposit products, such as non-interest demand accounts, money market accounts, savings accounts, and certificates of deposit. Besides, the Bank also makes real estate construction loans, land development loans, and consumer loans, and originates first mortgage loans on residential properties mainly located in its market area. Geographically, all the business activity functions through the region of the United States.
63GF Score
Get the complete analysis for HFWA
EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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