Heritage Financial (HFWA) Interest Coverage Ratio (2010 - 2026)
Heritage Financial (HFWA) reported Interest Coverage Ratio of 2.5 for Q1 2026, down 47.83% on a YoY basis from 4.79 in Q1 2025, and down 32.16% quarter-over-quarter from 1.89 in Q4 2025.
Heritage Financial (HFWA) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Heritage Financial has reported Interest Coverage Ratio for 17 years, with the latest figure at 2.5 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 47.83% year-over-year to 2.5; the trailing twelve-month figure through Mar 2026 stood at 1.95 (down 32.01% YoY), and the FY2025 full-year result was 1.72, down 16.85% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 2.5, down from 1.89 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 15.14 in Q1 2022, with the low at 20.36 in Q3 2022.
- Historically, Interest Coverage Ratio has averaged 3.93 across 5 years, with a median of 1.89 in 2025.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio sank 224.32% — and 2023, when it jumped 89.41%.
- Heritage Financial's Interest Coverage Ratio stood at 13.37 in 2022, then soared by 85.75% to 1.91 in 2023, then climbed by 28.01% to 1.37 in 2024, then slumped by 37.71% to 1.89 in 2025, then tumbled by 32.16% to 2.5 in 2026.
- The last three Interest Coverage Ratio figures came in at 2.5 (Q1 2026), 1.89 (Q4 2025), and 1.76 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -1.52 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 2.53 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 2.21 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 0.04 |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Heritage Financial | 1.12 Bn | 852.90 Mn | 2.98 Mn | -2.50 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.50 |
| Dec 31, 2025 | -1.89 |
| Sep 30, 2025 | -1.76 |
| Jun 30, 2025 | -1.68 |
| Mar 31, 2025 | -1.69 |
| Dec 31, 2024 | -1.37 |
| Sep 30, 2024 | -1.39 |
| Jun 30, 2024 | -1.47 |
| Mar 31, 2024 | -1.70 |
| Dec 31, 2023 | -1.91 |
| Sep 30, 2023 | -2.16 |
| Jun 30, 2023 | -2.78 |
| Mar 31, 2023 | -5.86 |
| Dec 31, 2022 | -13.37 |
| Sep 30, 2022 | -20.36 |
| Jun 30, 2022 | -20.13 |
| Mar 31, 2022 | 15.14 |
| Dec 31, 2021 | 15.48 |
| Sep 30, 2021 | 16.38 |
| Jun 30, 2021 | 24.01 |