HFWA (Heritage Financial) Moat Score: 4/10 (As of Jun. 29, 2026)


HFWA Heritage Financial Corp HFWA
63 GF Score
Price $29.41
GF Value $27.21
Valuation Fairly Valued
! 4 Warning Signs
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What is Heritage Financial Moat Score?

Heritage Financial HFWA -0.47% 63 Moat Score is 4 as of Jun. 29, 2026. GuruFocus rates HFWA with a GF Score™ of 63/100 and a GF Value™ of $27.21 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,614 Banks companies, Heritage Financial ranks better than 86.25% on this metric.

Heritage Financial has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

Heritage Financial has Narrow Moat: Heritage Financial Corp has a modest moat due to its regional market leadership and customer loyalty. However, it lacks significant network effects, intellectual property, or regulatory barriers that would strengthen its position further.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Heritage Financial might have Narrow Moat - Discernible but modest moat.

Heritage Financial  (NAS:HFWA) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Heritage Financial Moat Score Related Terms

HFWA vs OSBC, UVSP, MCB: Moat Score Comparison

For the Banks - Regional subindustry, Heritage Financial's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Banks Industry

For the Banks industry and Financial Services sector, Heritage Financial's Moat Score distribution charts can be found below:

* The bar in red indicates where Heritage Financial's Moat Score falls into.


HFWA
63GF Score
Heritage Financial Corp HFWA
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 4 mean?
Heritage Financial (HFWA) has a Moat Score of 4 as of Jun. 29, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Heritage Financial ranks #222 out of 1614 companies in the Banks industry, placing it in the top 13.8%.
Is Heritage Financial's Moat Score too high?
Heritage Financial's current Moat Score is 4. Based on the distribution chart, Heritage Financial ranks #222 out of 1614 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. 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 Moat Score compare to OSBC and UVSP?
According to the Banks industry distribution chart, Heritage Financial ranks #222 out of 1614 companies for Moat Score. This places Heritage Financial in the top 14% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Banks company?
A good Moat Score depends on the Banks industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Heritage Financial's current Moat Score is 4. 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 $27.21, compared to a current price of $29.41 — trading 8.1% above its estimated fair value. The current Moat Score is 4. Heritage Financial's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Heritage Financial (HFWA), the current Moat Score is 4 as of Jun. 29, 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 $29.41 is trading 8.1% above its estimated GF Value™ of $27.21. GuruFocus considers Heritage Financial to be Fairly Valued.

Key valuation signals for HFWA:

  • Moat Score: 4
  • GF Value™: $27.21 vs. price of $29.41 (8.1% above fair value)
  • GF Score™: 63/100 with 4 warning signs

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 Business Description

Address 201 Fifth Avenue SW, Olympia, WA, USA, 98501
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

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$29.41
Price
$27.21
GF Value