Heritage Financial (HFWA) EBIT (2010 - 2026)
Heritage Financial's (HFWA) quarterly EBIT came in at -$63.0 million in Q2 2026, down 56.55% on a YoY basis from -$144.9 million in Q2 2025, and down 13.93% quarter-over-quarter from -$55.3 million in Q1 2026.
Analysis
Heritage Financial (HFWA) EBIT (2010 - 2026) Analysis & Trends
Heritage Financial (HFWA) has reported EBIT for 17 consecutive years, with -$63.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBIT fell 56.55% year-over-year to -$63.0 million; the trailing twelve-month figure through Jun 2026 stood at -$199.4 million (down 26.49% YoY), and the FY2025 full-year result was -$161.9 million, down 4.87% from the prior year.
- EBIT fell to -$63.0 million in Q2 2026 per HFWA's latest filing, from -$55.3 million in the prior quarter.
- Across five years, EBIT topped out at $25.0 million in Q1 2022 and bottomed at -$63.0 million in Q2 2026.
- Historically, EBIT has averaged -$38.2 million across 5 years, with a median of -$40.2 million in 2023.
- The sharpest annual moves came in 2023 and 2024: EBIT sank 264.07% in 2023, then grew 8.81% in 2024.
- Over 5 years, EBIT stood at -$40.1 million in 2022, then decreased by 6.12% to -$42.5 million in 2023, then rose by 8.81% to -$38.8 million in 2024, then fell by 4.56% to -$40.5 million in 2025, then plunged by 55.33% to -$63.0 million in 2026.
- According to Business Quant data, EBIT over the past three periods registered -$63.0 million, -$55.3 million, and -$40.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | 40.42 Bn |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 4.16 Bn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 2.19 Bn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 1.89 Bn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 2.23 Bn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 1.67 Bn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 1.19 Bn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | -1.52 Bn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 1.46 Bn |
| 10 | Heritage Financial | 1.17 Bn | 967.43 Mn | 1.36 Mn | -62.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -62.96 Mn |
| Mar 31, 2026 | -55.26 Mn |
| Dec 31, 2025 | -40.53 Mn |
| Sep 30, 2025 | -40.66 Mn |
| Jun 30, 2025 | -40.22 Mn |
| Mar 31, 2025 | -40.50 Mn |
| Dec 31, 2024 | -38.77 Mn |
| Sep 30, 2024 | -38.17 Mn |
| Jun 30, 2024 | -38.18 Mn |
| Mar 31, 2024 | -39.28 Mn |
| Dec 31, 2023 | -42.51 Mn |
| Sep 30, 2023 | -40.27 Mn |
| Jun 30, 2023 | -40.71 Mn |
| Mar 31, 2023 | -41.00 Mn |
| Dec 31, 2022 | -40.06 Mn |
| Sep 30, 2022 | -38.54 Mn |
| Jun 30, 2022 | -35.18 Mn |
| Mar 31, 2022 | 24.99 Mn |
| Dec 31, 2021 | 26.00 Mn |
| Sep 30, 2021 | 27.25 Mn |