Heritage Financial (HFWA) Payout Ratio (2010 - 2026)
Heritage Financial's (HFWA) quarterly Payout Ratio came in at 0.56 in Q2 2026, down 15.93% on a YoY basis from 0.67 in Q2 2025, and up 31.06% quarter-over-quarter from 0.43 in Q1 2026.
Analysis
Heritage Financial (HFWA) Payout Ratio (2010 - 2026) Analysis & Trends
Heritage Financial (HFWA) has reported Payout Ratio for 17 consecutive years, with 0.56 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Payout Ratio fell 15.93% year-over-year to 0.56; the trailing twelve-month figure through Jun 2026 stood at 0.44 (down 32.09% YoY), and the FY2025 full-year result was 0.48, down 34.18% from the prior year.
- Payout Ratio improved to 0.56 in Q2 2026 per HFWA's latest filing, from 0.43 in the prior quarter.
- Across five years, Payout Ratio topped out at 1.4 in Q1 2024 and bottomed at 0.33 in Q4 2022.
- Historically, Payout Ratio has averaged 0.57 across 5 years, with a median of 0.44 in 2023.
- The sharpest annual moves came in 2023 and 2025: Payout Ratio surged 276.75% in 2023, then plunged 58.01% in 2025.
- Over 5 years, Payout Ratio stood at 0.33 in 2022, then soared by 276.75% to 1.23 in 2023, then slumped by 46.55% to 0.66 in 2024, then tumbled by 44.35% to 0.37 in 2025, then soared by 53.84% to 0.56 in 2026.
- According to Business Quant data, Payout Ratio over the past three periods registered 0.56, 0.43, and 0.37 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 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 |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - |
| 10 | Heritage Financial | 1.17 Bn | 967.43 Mn | 1.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.56 |
| Mar 31, 2026 | 0.43 |
| Dec 31, 2025 | 0.37 |
| Sep 30, 2025 | 0.43 |
| Jun 30, 2025 | 0.67 |
| Mar 31, 2025 | 0.59 |
| Dec 31, 2024 | 0.66 |
| Sep 30, 2024 | 0.69 |
| Jun 30, 2024 | 0.56 |
| Mar 31, 2024 | 1.40 |
| Dec 31, 2023 | 1.23 |
| Sep 30, 2023 | 0.42 |
| Jun 30, 2023 | 0.46 |
| Mar 31, 2023 | 0.38 |
| Dec 31, 2022 | 0.33 |
| Sep 30, 2022 | 0.35 |
| Jun 30, 2022 | 0.40 |
| Mar 31, 2022 | 0.37 |
| Dec 31, 2021 | 0.38 |
| Sep 30, 2021 | 0.35 |