HFWAFinancial Services · Banks - RegionalThe 6 Wall Street analysts covering Heritage Financial Corp. (Washington) hold a median 12-month price target of $33 — +15.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 36 of 100 as at 31 Oct 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.
Consensus tells you what everyone already believes. The model scores Heritage Financial Corp. (Washington) on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Growth (79): Sales and profits are climbing, and climbing faster than before.
Accruals (15): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.
Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on HFWA, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +15.9% from it.
Of the 20 most recent actions, 3 moved their price target up and 1 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 28 July 2026 | Stephens & Co. | Maintains | Equal-Weight | $30 → $32 |
| 27 July 2026 | Keefe, Bruyette & Woods | Maintains | Market Perform | $31 → $32 |
| 25 July 2026 | DA Davidson | Maintains | Buy | — |
| 24 July 2026 | DA Davidson | Maintains | Buy | $32 → $34 |
| 27 Apr 2026 | Piper Sandler | Maintains | Overweight | $34 → $32 |
| 27 Apr 2026 | Piper Sandler | Maintains | Overweight | — |
| 2 Apr 2026 | Piper Sandler | Maintains | Overweight | — |
| 5 Feb 2026 | Piper Sandler | Maintains | Overweight | — |
| 26 Jan 2026 | Stephens & Co. | Maintains | Equal-Weight | — |
| 23 Jan 2026 | DA Davidson | Maintains | Buy | — |
| 29 Sept 2025 | DA Davidson | Maintains | Buy | — |
| 29 Sept 2025 | Keefe, Bruyette & Woods | Maintains | Market Perform | — |
| 26 Sept 2025 | DA Davidson | Maintains | Buy | — |
| 28 Apr 2025 | Keefe, Bruyette & Woods | Maintains | Market Perform | — |
| 28 Apr 2025 | Piper Sandler | Maintains | Overweight | — |
| 29 Oct 2024 | Stephens & Co. | Maintains | Equal-Weight | — |
| 28 Oct 2024 | Piper Sandler | Maintains | Overweight | — |
| 29 July 2024 | Piper Sandler | Maintains | Overweight | — |
| 26 July 2024 | Keefe, Bruyette & Woods | Maintains | Market Perform | — |
| 26 June 2024 | Keefe, Bruyette & Woods | Maintains | Market Perform | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
HFWA appears in the Radar on the weeks it earns a place.
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 30 Oct 2026, Heritage Financial Corp. (Washington) returned +31.4% against +12.4% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 47% of US stocks
Cheaper than 32% of US stocks
Cheaper than 68% of US stocks
Higher than 79% of US stocks
Higher than 34% of US stocks
Higher than 87% of US stocks
Higher than 85% of US stocks
Higher than 58% of US stocks
Higher than 49% of US stocks
Higher than 89% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Heritage Financial Corp. (Washington) has a market value of $1.2B and an enterprise value of $1.1B.
Revenue in the twelve months to 30 June 2026: $294.1M. The latest quarter grew 31.8% year on year.
Net income over the same four quarters: $77.9M, a 26.5% net margin.
Diluted earnings per share, trailing twelve months: $2.10.
Free cash flow in the twelve months to 30 June 2026: $80.4M.
Heritage Financial Corp. (Washington) spent $11.1M on share buybacks and $34.3M on dividends in the twelve months to 30 June 2026.
Trailing P/E: 14.2×; forward P/E: 10.9× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 3.51%, paying out 46% of earnings.
Heritage Financial Corp. (Washington) employs 978 people — $301K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
| Company | Market cap | TKN rank |
|---|---|---|
| HFWAHeritage Financial Corp. (Washington) | $1.2B | 36 |
| MCBMetropolitan Bank Holding Corp. | $1.2B | 74 |
| AMTBAmerant Bancorp, Inc. | $1.2B | 69 |
| UVSPUnivest Financial Corp. | $1.1B | 72 |
| OSBCOld Second Bancorp, Inc. | $1.2B | 82 |
| CFFNCapitol Federal Financial, Inc. | $1.1B | 77 |
| CTBICommunity Trust Bancorp, Inc. (Kentucky) | $1.2B | 69 |
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Heritage Financial Corp. (Washington) — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Heritage Financial completed the Kitsap Bank systems conversion in late September. Third-quarter loan balances grew by $133 million.
Why it matters — The systems conversion and loan growth are relevant operating updates for investors following HFWA.
Heritage Financial Corporation announced that Pat Casey will become Executive Vice President and Chief Information Officer of Heritage Bank and Heritage, effective November 2, 2026.
Why it matters — The appointment marks a leadership change in information technology at Heritage Bank and its parent company.
Heritage Financial reported third-quarter loan and deposit growth, an expanding net interest margin, and completion of its Kitsap Bank systems conversion. It also disclosed higher non-accrual loans, primarily tied to commercial and industrial relationships.
Why it matters — The update highlights operating progress alongside credit-quality developments that HFWA watchers may wish to monitor.
Heritage Financial Corporation held its Q3 2026 earnings call on October 22, 2026. The excerpt lists company executives and participating analysts but provides no discussion of results or outlook.
Why it matters — HFWA watchers can note the call and its participants, though the excerpt contains no financial details or management commentary.
Heritage Financial reported Q3 earnings for the quarter ended September 2026. The item highlights comparing key metrics with Wall Street estimates and year-ago values but provides no specific figures or results.
Why it matters — HFWA watchers may find the comparison of key operating metrics useful for assessing the quarter’s performance.
The 6 Wall Street analysts covering Heritage Financial Corp. (Washington) have a median 12-month price target of $33, with estimates ranging from $31 to $34. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 6 analysts covering Heritage Financial Corp. (Washington), 3 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Heritage Financial Corp. (Washington) 36 out of 100 across roughly 4,600 US stocks as at 31 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 31 Oct 2026, Heritage Financial Corp. (Washington) ranks 36 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Growth (79 of 100).
No one can know that. What the data says: the median 12-month target from 6 analysts implies +15.9% from the last close, and Ticker Nerd's factor model ranks Heritage Financial Corp. (Washington) 36 out of 100 as at 31 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Heritage Financial Corp. (Washington) publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for HFWA are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $31 to $34 over the next 12 months.
Heritage Financial Corp. (Washington) returned +31.4% over the 12 months to 30 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
Heritage Financial Corporation is a bank holding company headquartered in Olympia, Washington. Through its wholly owned subsidiary, Heritage Bank, the company provides a broad range of banking and financial services to small and medium-sized businesses, business owners, and individual customers across the Pacific Northwest.
The most recent item we track (The Motley Fool, 30 Oct 2026): "Heritage Financial: 3 Key Takeaways for Long-Term Investors". Heritage Financial completed the Kitsap Bank systems conversion in late September. Third-quarter loan balances grew by $133 million.
Heritage Financial Corporation is a bank holding company headquartered in Olympia, Washington. Through its wholly owned subsidiary, Heritage Bank, the company provides a broad range of banking and financial services to small and medium-sized businesses, business owners, and individual customers across the Pacific Northwest. Its services include commercial lending, residential real estate financing, construction and land development lending, consumer lending, and deposit products such as checking, savings, money market accounts, and certificates of deposit. Heritage Financial Corporation also supports relationship-based banking for local communities through full-service branches and treasury-oriented solutions. The company plays a regional role in commercial banking by serving clients with everyday banking needs as well as more specialized credit and deposit requirements.
CEO Mr. Bryan D. McDonald · 978 employees · United States · https://www.hf-wa.com
