Heritage Financial (HFWA) Operating Expenses (2010 - 2026)

Heritage Financial has reported Operating Expenses for 17 years, with the latest figure at $56.6 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 36.65% year-over-year to $56.6 million; the trailing twelve-month figure through Mar 2026 stood at $180.7 million (up 13.45% YoY), and the FY2025 full-year result was $165.6 million, up 4.59% from the prior year.
• Operating Expenses for Q1 2026 stood at $56.6 million, up from $41.5 million in the prior quarter.
• The five-year high for Operating Expenses was $56.6 million in Q1 2026, with the low at $35.7 million in Q2 2022.
• Historically, Operating Expenses has averaged $41.1 million across 5 years, with a median of $41.0 million in 2023.
• Annual changes were most pronounced in 2024 — Operating Expenses slipped 7.45% — and 2026, when it soared 36.65%.
• Heritage Financial's Operating Expenses stood at $40.4 million in 2022, then rose by 5.77% to $42.7 million in 2023, then declined by 7.45% to $39.5 million in 2024, then gained by 4.91% to $41.5 million in 2025, then surged by 36.32% to $56.6 million in 2026.
• The last three Operating Expenses figures came in at $56.6 million (Q1 2026), $41.5 million (Q4 2025), and $41.6 million (Q3 2025), per Business Quant data.