Heritage Financial HFWA
NASDAQ HFWA
$28.41 +0.04 (+0.14%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Heritage Financial's (HFWA) quarterly Operating Income came in at -$63.0 million in Q2 2026, down 56.55% on a YoY basis from -$144.9 million in Q2 2025, and down 13.93% quarter-over-quarter from -$55.3 million in Q1 2026.

Analysis

Heritage Financial (HFWA) Operating Income (2022 - 2026) Analysis & Trends

Heritage Financial (HFWA) has reported Operating Income for 5 consecutive years, with -$63.0 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Income fell 56.55% year-over-year to -$63.0 million; the trailing twelve-month figure through Jun 2026 stood at -$199.4 million (down 26.49% YoY), and the FY2025 full-year result was -$161.9 million, down 4.87% from the prior year.
  • Operating Income fell to -$63.0 million in Q2 2026 per HFWA's latest filing, from -$55.3 million in the prior quarter.
  • Across five years, Operating Income topped out at -$35.2 million in Q2 2022 and bottomed at -$63.0 million in Q2 2026.
  • Historically, Operating Income has averaged -$41.9 million across 5 years, with a median of -$40.3 million in 2023.
  • The sharpest annual moves came in 2024 and 2026: Operating Income grew 8.81% in 2024, then tumbled 56.55% in 2026.
  • Over 5 years, Operating Income stood at -$40.1 million in 2022, then decreased by 6.12% to -$42.5 million in 2023, then rose by 8.81% to -$38.8 million in 2024, then fell by 4.56% to -$40.5 million in 2025, then plunged by 55.33% to -$63.0 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered -$63.0 million, -$55.3 million, and -$40.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Banco Santander Chile 948.96 Bn 948.96 Bn - 40.42 Bn
2 Truist Financial 61.64 Bn 61.64 Bn - -
3 Fifth Third Bancorp 49.62 Bn 25.89 Bn - -
4 M&T Bank 34.88 Bn 34.88 Bn - -
5 Huntington Bancshares 33.82 Bn 29.29 Bn - -
6 Citizens Financial 29.46 Bn 29.46 Bn - -
7 Regions Financial 25.57 Bn 25.57 Bn - -
8 First Citizens Bancshares 25.00 Bn 24.48 Bn 29.00 Mn -1.52 Bn
9 Keycorp 23.27 Bn -24.42 Bn - -
10 Heritage Financial 1.17 Bn 967.43 Mn 1.36 Mn -62.96 Mn
Historic Data

Historic Data

Download Data
DateValue
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