Heritage Financial (HFWA) Net Margin (2009 - 2026)
Heritage Financial (HFWA) reported Net Margin of 20.86% for Q2 2026, down 0.76 percentage points from 21.62% a year earlier and down 3.46 percentage points from the prior quarter.
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Analysis
Heritage Financial (HFWA) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Heritage Financial's Net Margin came in at 26.49%, up 4.59 percentage points year-over-year; for FY2025, it came in at 27.44%.
- Net Margin has a five-year change of +7.89 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 32.88% in FY2022 (-7.89 pp) and 40.78% in FY2021 (+21.23 pp).
- The Q2 2026 figure ranks as the lowest quarterly Net Margin since Q3 2024.
- Year over year, Net Margin gained in five of the last eight quarters, with an average year-over-year change of +3.65 percentage points.
- The high point for year-over-year Net Margin in five years was Q4 2025 (a gain of 12.61 percentage points); the low point was Q4 2023 (a drop of 20.06 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 24.32% (Q1 2026), 33.52% (Q4 2025) and 29.18% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 29.77% |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | 21.83% |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | 38.08% |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | 23.36% |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 32.48% |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 27.42% |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 26.08% |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | 246.71% |
| 10 | Heritage Financial | 1.15 Bn | 259.30 Mn | - | 21.64% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.64% |
| Jun 30, 2026 | 20.86% |
| Mar 31, 2026 | 24.32% |
| Dec 31, 2025 | 33.52% |
| Sep 30, 2025 | 29.18% |
| Jun 30, 2025 | 21.62% |
| Mar 31, 2025 | 24.15% |
| Dec 31, 2024 | 20.91% |
| Sep 30, 2024 | 20.85% |
| Jun 30, 2024 | 25.12% |
| Mar 31, 2024 | 11.82% |
| Dec 31, 2023 | 12.29% |
| Sep 30, 2023 | 29.44% |
| Jun 30, 2023 | 26.70% |
| Mar 31, 2023 | 30.04% |
| Dec 31, 2022 | 32.35% |
| Sep 30, 2022 | 31.45% |
| Jun 30, 2022 | 32.57% |
| Mar 31, 2022 | 35.61% |
| Dec 31, 2021 | 33.59% |
API Access
Heritage Financial Net Margin 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=net-margin&ticker=HFWA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=HFWA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();