Heritage Financial (HFWA) Financial Services Fees (2016 - 2020)
Heritage Financial's (HFWA) quarterly Financial Services Fees came in at $3.6 million in Q2 2020, down 25.7% on a YoY basis from $4.8 million in Q3 2019, and down 17.73% quarter-over-quarter from $4.4 million in Q1 2020.
Analysis
Heritage Financial (HFWA) Financial Services Fees (2016 - 2020) Analysis & Trends
Heritage Financial (HFWA) has reported Financial Services Fees for 5 consecutive years, with $3.6 million the latest figure, recorded in Q2 2020.
- For the quarter ending Q2 2020, Financial Services Fees fell 25.7% year-over-year to $3.6 million; the trailing twelve-month figure through Jun 2020 stood at $17.4 million (down 8.05% YoY), and the FY2021 full-year result was $17.6 million, up 8.44% from the prior year.
- Financial Services Fees slipped to $3.6 million in Q2 2020 per HFWA's latest filing, from $4.4 million in the prior quarter.
- Across five years, Financial Services Fees topped out at $14.4 million in Q4 2016 and bottomed at $3.6 million in Q2 2020.
- Historically, Financial Services Fees has averaged $6.7 million across 5 years, with a median of $4.7 million in 2018.
- The sharpest annual moves came in 2017 and 2018: Financial Services Fees sank 67.98% in 2017, then climbed 5.57% in 2018.
- Over 5 years, Financial Services Fees stood at $14.4 million in 2016, then slumped by 67.98% to $4.6 million in 2017, then climbed by 5.57% to $4.9 million in 2018, then dropped by 5.13% to $4.6 million in 2019, then slipped by 21.79% to $3.6 million in 2020.
- According to Business Quant data, Financial Services Fees over the past three periods registered $3.6 million, $4.4 million, and $4.6 million for Q2 2020, Q1 2020, and Q4 2019 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - |
| 10 | Heritage Financial | 1.17 Bn | 967.43 Mn | 1.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2020 | 3.60 Mn |
| Mar 31, 2020 | 4.38 Mn |
| Dec 31, 2019 | 4.60 Mn |
| Sep 30, 2019 | 4.78 Mn |
| Jun 30, 2019 | 4.85 Mn |
| Mar 31, 2019 | 4.49 Mn |
| Dec 31, 2018 | 4.85 Mn |
| Sep 30, 2018 | 14.06 Mn |
| Jun 30, 2018 | 4.70 Mn |
| Mar 31, 2018 | 4.54 Mn |
| Dec 31, 2017 | 4.60 Mn |
| Sep 30, 2017 | 13.41 Mn |
| Dec 31, 2016 | 14.35 Mn |