Heritage Financial (HFWA) Operating Expenses (2010 - 2026)
Heritage Financial posted quarterly Operating Expenses of $56.6 million for Q1 2026, up 36.65% year-on-year from $41.4 million in Q1 2025, and up 36.32% on a QoQ basis from $41.5 million in Q4 2025.
Heritage Financial (HFWA) has 17 years of Operating Expenses data on file, last reported 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.
- Across five years, Operating Expenses topped out at $56.6 million in Q1 2026 and bottomed at $35.7 million in Q2 2022.
- The 5-year median for Operating Expenses is $41.0 million (2023), against an average of $41.1 million.
- The widest annual swing landed in 2024, when Operating Expenses slipped 7.45%; it then soared 36.65% in 2026.
- A 5-year view of Operating Expenses shows it stood at $40.4 million in 2022, then gained by 5.77% to $42.7 million in 2023, then fell by 7.45% to $39.5 million in 2024, then advanced by 4.91% to $41.5 million in 2025, then soared 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | -287,925.00 |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 7.75 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 11.90 Mn |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 2.55 Bn |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | -20.00 Mn |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 3.77 Bn |
| 10 | Heritage Financial | 1.05 Bn | 783.27 Mn | 2.98 Mn | 56.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 56.55 Mn |
| Dec 31, 2025 | 41.48 Mn |
| Sep 30, 2025 | 41.62 Mn |
| Jun 30, 2025 | 41.09 Mn |
| Mar 31, 2025 | 41.38 Mn |
| Dec 31, 2024 | 39.54 Mn |
| Sep 30, 2024 | 39.29 Mn |
| Jun 30, 2024 | 39.10 Mn |
| Mar 31, 2024 | 40.37 Mn |
| Dec 31, 2023 | 42.72 Mn |
| Sep 30, 2023 | 40.97 Mn |
| Jun 30, 2023 | 41.33 Mn |
| Mar 31, 2023 | 41.61 Mn |
| Dec 31, 2022 | 40.39 Mn |
| Sep 30, 2022 | 39.15 Mn |
| Jun 30, 2022 | 35.71 Mn |
| Mar 31, 2022 | 35.72 Mn |
| Dec 31, 2021 | 38.47 Mn |
| Sep 30, 2021 | 37.17 Mn |
| Jun 30, 2021 | 36.40 Mn |
| Mar 31, 2021 | 37.24 Mn |
| Dec 31, 2020 | 38.56 Mn |
| Sep 30, 2020 | 36.05 Mn |
| Jun 30, 2020 | 37.07 Mn |
| Mar 31, 2020 | 37.26 Mn |
| Dec 31, 2019 | 36.00 Mn |
| Sep 30, 2019 | 36.72 Mn |
| Jun 30, 2019 | 37.55 Mn |
| Mar 31, 2019 | 36.53 Mn |
| Dec 31, 2018 | 37.27 Mn |
| Sep 30, 2018 | 39.46 Mn |
| Jun 30, 2018 | 35.71 Mn |
| Mar 31, 2018 | 36.75 Mn |
| Dec 31, 2017 | 27.59 Mn |
| Sep 30, 2017 | 27.96 Mn |
| Jun 30, 2017 | 27.81 Mn |
| Mar 31, 2017 | 27.22 Mn |
| Dec 31, 2016 | 26.81 Mn |
| Sep 30, 2016 | 26.82 Mn |
| Jun 30, 2016 | 26.48 Mn |
| Mar 31, 2016 | 26.37 Mn |
| Dec 31, 2015 | 26.77 Mn |
| Sep 30, 2015 | 27.32 Mn |
| Jun 30, 2015 | 26.08 Mn |
| Mar 31, 2015 | 26.04 Mn |
| Dec 31, 2014 | 29.24 Mn |
| Sep 30, 2014 | 28.36 Mn |
| Jun 30, 2014 | 26.99 Mn |
| Mar 31, 2014 | 14.78 Mn |
| Dec 31, 2013 | 18.50 Mn |
| Sep 30, 2013 | 14.29 Mn |
| Jun 30, 2013 | 13.01 Mn |
| Mar 31, 2013 | 13.72 Mn |
| Dec 31, 2012 | 12.42 Mn |
| Sep 30, 2012 | 12.50 Mn |
| Jun 30, 2012 | 12.87 Mn |
| Mar 31, 2012 | 12.60 Mn |
| Dec 31, 2011 | 10.47 Mn |
| Sep 30, 2011 | 12.41 Mn |
| Jun 30, 2011 | 13.18 Mn |
| Mar 31, 2011 | 13.08 Mn |
| Dec 31, 2010 | 13.85 Mn |
| Sep 30, 2010 | 10.28 Mn |
| Jun 30, 2010 | 8.47 Mn |