Heritage Financial (HFWA) Rent Expense (2010 - 2026)
Heritage Financial (HFWA) reported Rent Expense of $5.3 million for Q1 2026, up 8.2% on a YoY basis from $4.9 million in Q1 2025, and up 19.78% quarter-over-quarter from $4.4 million in Q4 2025.
Heritage Financial (HFWA) Rent Expense (2010 - 2026) Analysis & Trends
Heritage Financial has reported Rent Expense for 17 years, with the latest figure at $5.3 million in Q1 2026.
- For the quarter ending Q1 2026, Rent Expense rose 8.2% year-over-year to $5.3 million; the trailing twelve-month figure through Mar 2026 stood at $19.3 million (changed 0.01% YoY), and the FY2025 full-year result was $18.9 million, down 2.12% from the prior year.
- Rent Expense for Q1 2026 stood at $5.3 million, up from $4.4 million in the prior quarter.
- The five-year high for Rent Expense was $5.3 million in Q1 2026, with the low at $4.2 million in Q2 2022.
- Historically, Rent Expense has averaged $4.7 million across 5 years, with a median of $4.8 million in 2024.
- Annual changes were most pronounced in 2023 — Rent Expense grew 12.95% — and 2025, when it decreased 6.16%.
- Heritage Financial's Rent Expense 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 634,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.45 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Heritage Financial | 1.12 Bn | 852.90 Mn | 2.98 Mn | 5.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 4.78 Mn |
| Dec 31, 2023 | 4.78 Mn |