Heritage Financial (HFWA) Interest Coverage Ratio (2010 - 2026)
Heritage Financial's (HFWA) quarterly Interest Coverage Ratio came in at 2.75 in Q2 2026, down 61.07% on a YoY basis from 7.07 in Q2 2025, and down 6.95% quarter-over-quarter from 2.58 in Q1 2026.
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Heritage Financial (HFWA) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Heritage Financial (HFWA) has reported Interest Coverage Ratio for 17 consecutive years, with 2.75 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio fell 61.07% year-over-year to 2.75; the trailing twelve-month figure through Jun 2026 stood at 2.29 (down 44.38% YoY), and the FY2025 full-year result was 1.8, down 17.14% from the prior year.
- Interest Coverage Ratio declined to 2.75 in Q2 2026 per HFWA's latest filing, from 2.58 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 15.14 in Q1 2022 and bottomed at 21.13 in Q3 2022.
- Historically, Interest Coverage Ratio has averaged 4.03 across 5 years, with a median of 2.03 in 2025.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio tumbled 229.02% in 2022, then jumped 89.32% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 13.75 in 2022, then surged by 84.83% to 2.08 in 2023, then gained by 26.21% to 1.54 in 2024, then decreased by 28.51% to 1.98 in 2025, then slumped by 39.32% to 2.75 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 2.75, 2.58, and 1.98 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | 0.09 |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 1.77 |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 1.90 |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 2.28 |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 1.67 |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 1.83 |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 2.52 |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | -1.27 |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 1.80 |
| 10 | Heritage Financial | 1.17 Bn | 967.43 Mn | 1.36 Mn | -2.75 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.75 |
| Mar 31, 2026 | -2.58 |
| Dec 31, 2025 | -1.98 |
| Sep 30, 2025 | -1.84 |
| Jun 30, 2025 | -1.71 |
| Mar 31, 2025 | -1.71 |
| Dec 31, 2024 | -1.54 |
| Sep 30, 2024 | -1.42 |
| Jun 30, 2024 | -1.50 |
| Mar 31, 2024 | -1.72 |
| Dec 31, 2023 | -2.08 |
| Sep 30, 2023 | -2.26 |
| Jun 30, 2023 | -2.86 |
| Mar 31, 2023 | -6.01 |
| Dec 31, 2022 | -13.75 |
| Sep 30, 2022 | -21.13 |
| Jun 30, 2022 | -20.89 |
| Mar 31, 2022 | 15.14 |
| Dec 31, 2021 | 15.48 |
| Sep 30, 2021 | 16.38 |