Heritage Financial (HFWA) Rent Expense (2010 - 2026)
Heritage Financial's (HFWA) quarterly Rent Expense came in at $5.3 million in Q1 2026, up 8.2% YoY from $4.9 million in Q1 2025, and up 19.78% on a QoQ basis from $4.4 million in Q4 2025.
Heritage Financial (HFWA) Rent Expense (2010 - 2026) Analysis & Trends
Heritage Financial (HFWA) has 17 years of Rent Expense data on file, last reported at $5.3 million in Q1 2026.
- Quarterly Rent Expense rose 8.2% year-over-year to $5.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $19.3 million (changed 0.01% YoY) and the FY2025 annual result came in at $18.9 million, down 2.12% from the prior year.
- Rent Expense advanced to $5.3 million in Q1 2026, from $4.4 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $5.3 million in Q1 2026 to a low of $4.2 million in Q2 2022.
- A 5-year average of $4.7 million and a median of $4.8 million in 2024 frame the typical range for Rent Expense.
- Annual changes were most pronounced in 2023 — Rent Expense grew 12.95% — and 2025, when it decreased 6.16%.
- Tracing HFWA's Rent Expense over 5 years: stood at $4.5 million in 2022, then grew by 5.35% to $4.8 million in 2023, then declined by 0.88% to $4.7 million in 2024, then retreated by 6.16% to $4.4 million in 2025, then gained by 19.78% to $5.3 million in 2026.
- The last three Rent Expense figures came in at $5.3 million (Q1 2026), $4.4 million (Q4 2025), and $4.7 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 154.00 Mn |
| 10 | Heritage Financial | 1.20 Bn | 991.46 Mn | 1.36 Mn | 6.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.01 Mn |
| Jun 30, 2026 | 6.01 Mn |
| Mar 31, 2026 | 5.33 Mn |
| Mar 31, 2026 | 5.33 Mn |
| Dec 31, 2025 | 4.45 Mn |
| Dec 31, 2025 | 4.45 Mn |
| Sep 30, 2025 | 4.67 Mn |
| Sep 30, 2025 | 4.67 Mn |
| Jun 30, 2025 | 4.84 Mn |
| Jun 30, 2025 | 4.84 Mn |
| Mar 31, 2025 | 4.93 Mn |
| Mar 31, 2025 | 4.93 Mn |
| Dec 31, 2024 | 4.74 Mn |
| Dec 31, 2024 | 4.74 Mn |
| Sep 30, 2024 | 4.85 Mn |
| Sep 30, 2024 | 4.85 Mn |
| Jun 30, 2024 | 4.77 Mn |
| Jun 30, 2024 | 4.77 Mn |
| Mar 31, 2024 | 4.93 Mn |
| Mar 31, 2024 | 4.93 Mn |