Heritage Financial (HFWA) Operating Income (2022 - 2026)
Heritage Financial's (HFWA) quarterly Operating Income came in at -$55.3 million in Q1 2026, down 36.45% YoY from -$87.0 million in Q1 2025, and down 36.34% on a QoQ basis from -$40.5 million in Q4 2025.
Heritage Financial (HFWA) Operating Income (2022 - 2026) Analysis & Trends
Heritage Financial (HFWA) has 5 years of Operating Income data on file, last reported at -$55.3 million in Q1 2026.
- Quarterly Operating Income fell 36.45% year-over-year to -$55.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$176.7 million (down 13.53% YoY) and the FY2025 annual result came in at -$161.9 million, down 4.87% from the prior year.
- Operating Income eased to -$55.3 million in Q1 2026, from -$40.5 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of -$35.2 million in Q2 2022 to a low of -$55.3 million in Q1 2026.
- A 5-year average of -$40.6 million and a median of -$40.2 million in 2023 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2024 — Operating Income climbed 8.81% — and 2026, when it slumped 36.45%.
- Tracing HFWA's Operating Income over 5 years: stood at -$40.1 million in 2022, then fell by 6.12% to -$42.5 million in 2023, then grew by 8.81% to -$38.8 million in 2024, then dropped by 4.56% to -$40.5 million in 2025, then plunged by 36.34% to -$55.3 million in 2026.
- The last three Operating Income figures came in at -$55.3 million (Q1 2026), -$40.5 million (Q4 2025), and -$40.7 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | 2.95 Bn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | - |
| 10 | Heritage Financial | 1.19 Bn | 984.68 Mn | 1.36 Mn | -62.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -62.96 Mn |
| Mar 31, 2026 | -55.26 Mn |
| Dec 31, 2025 | -40.53 Mn |
| Sep 30, 2025 | -40.66 Mn |
| Jun 30, 2025 | -40.22 Mn |
| Mar 31, 2025 | -40.50 Mn |
| Dec 31, 2024 | -38.77 Mn |
| Sep 30, 2024 | -38.17 Mn |
| Jun 30, 2024 | -38.18 Mn |
| Mar 31, 2024 | -39.28 Mn |
| Dec 31, 2023 | -42.51 Mn |
| Sep 30, 2023 | -40.27 Mn |
| Jun 30, 2023 | -40.71 Mn |
| Mar 31, 2023 | -41.00 Mn |
| Dec 31, 2022 | -40.06 Mn |
| Sep 30, 2022 | -38.54 Mn |
| Jun 30, 2022 | -35.18 Mn |