Heritage Financial Corp /Wa/ (HFWA) Interest Expense - Deposits (2010 - 2026)
Heritage Financial's Interest Expense - Deposits was $21.39 million in Q2 2026, up 6.2% from $20.15 million a year earlier and up 3.1% from the prior quarter.
Heritage Financial Corp /Wa/ (HFWA) Interest Expense - Deposits (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Heritage Financial's Interest Expense - Deposits was $81.84 million through Jun 30, 2026, up 2.5% year-over-year; for FY2025, it came in at $79.34 million, up 5.7% from FY2024.
- Interest Expense - Deposits has now increased for four consecutive years, with a five-year compound annual growth rate of 45.3% (FY2020 to FY2025).
- In earlier years, Interest Expense - Deposits was $75.07 million in FY2024 (+90.8%), $39.35 million in FY2023 (+481.1%), $6.77 million in FY2022 (+9.9%) and $6.16 million in FY2021 (-49.8%).
- The Q2 2026 figure marks the highest quarterly Interest Expense - Deposits in data going back to Q2 2010.
- Compared with a year earlier, Interest Expense - Deposits was higher in six of the last eight quarters, with growth averaging 18.5%.
- The best year-over-year quarter for Interest Expense - Deposits over five years was Q3 2023 (growth of 703.6%); the worst was Q3 2021 (a decline of 45.3%).
- Per Business Quant data, HFWA's Interest Expense - Deposits in the three quarters before Q2 2026 was $20.75 million (Q1 2026), $19.58 million (Q4 2025) and $20.12 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.39 Mn |
| Mar 31, 2026 | 20.75 Mn |
| Dec 31, 2025 | 19.58 Mn |
| Sep 30, 2025 | 20.12 Mn |
| Jun 30, 2025 | 20.15 Mn |
| Mar 31, 2025 | 19.49 Mn |
| Dec 31, 2024 | 19.97 Mn |
| Sep 30, 2024 | 20.26 Mn |
| Jun 30, 2024 | 18.45 Mn |
| Mar 31, 2024 | 16.39 Mn |
| Dec 31, 2023 | 14.34 Mn |
| Sep 30, 2023 | 11.88 Mn |
| Jun 30, 2023 | 8.61 Mn |
| Mar 31, 2023 | 4.53 Mn |
| Dec 31, 2022 | 2.46 Mn |
| Sep 30, 2022 | 1.48 Mn |
| Jun 30, 2022 | 1.41 Mn |
| Mar 31, 2022 | 1.42 Mn |
| Dec 31, 2021 | 1.46 Mn |
| Sep 30, 2021 | 1.44 Mn |
Heritage Financial Corp /Wa/ Interest Expense - Deposits API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=HFWA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "ticker": "HFWA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=HFWA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();