Heritage Financial (HFWA) Operating Income (2022 - 2026)

Heritage Financial posted quarterly Operating Income of -$53.6 million for Q1 2026, down 33.97% year-on-year from -$81.1 million in Q1 2025, and down 38.32% on a QoQ basis from -$38.7 million in Q4 2025.

Heritage Financial (HFWA) has 5 years of Operating Income data on file, last reported at -$53.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 33.97% year-over-year to -$53.6 million; the trailing twelve-month figure through Mar 2026 stood at -$170.6 million (down 14.28% YoY), and the FY2025 full-year result was -$154.8 million, down 4.6% from the prior year.
  • Operating Income for Q1 2026 stood at -$53.6 million, down from -$38.7 million in the prior quarter.
  • Across five years, Operating Income topped out at -$33.9 million in Q2 2022 and bottomed at -$53.6 million in Q1 2026.
  • The 5-year median for Operating Income is -$38.8 million (2023), against an average of -$39.1 million.
  • The widest annual swing landed in 2024, when Operating Income rose 11.04%; it then slumped 33.97% in 2026.
  • A 5-year view of Operating Income shows it stood at -$39.0 million in 2022, then rose by 0.27% to -$38.9 million in 2023, then grew by 11.04% to -$34.6 million in 2024, then fell by 12.05% to -$38.7 million in 2025, then slumped by 38.32% to -$53.6 million in 2026.
  • The last three Operating Income figures came in at -$53.6 million (Q1 2026), -$38.7 million (Q4 2025), and -$38.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Bank Of Chile 90,891.20 Bn 90,891.20 Bn - 748,885.00
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 - -
6 Landmark Bancorp 164.67 Bn 164.64 Bn - -
7 Deutsche Bank Aktiengesellschaft 161.63 Bn -151,939.28 Bn - -
8 KB Financial 150.02 Bn 142.15 Bn - 832.02 Mn
9 Pnc Financial Services 88.79 Bn 88.84 Bn - -
10 Heritage Financial 1.05 Bn 783.27 Mn 2.98 Mn -53.57 Mn

Historic Data

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DateValue
Mar 31, 2026 -53.57 Mn
Dec 31, 2025 -38.73 Mn
Sep 30, 2025 -38.85 Mn
Jun 30, 2025 -39.41 Mn
Mar 31, 2025 -39.99 Mn
Dec 31, 2024 -34.56 Mn
Sep 30, 2024 -37.28 Mn
Jun 30, 2024 -37.41 Mn
Mar 31, 2024 -38.74 Mn
Dec 31, 2023 -38.85 Mn
Sep 30, 2023 -38.50 Mn
Jun 30, 2023 -39.64 Mn
Mar 31, 2023 -40.01 Mn
Dec 31, 2022 -38.96 Mn
Sep 30, 2022 -37.14 Mn
Jun 30, 2022 -33.91 Mn