Heritage Financial (HFWA) Rent Expense (2010 - 2026)
Heritage Financial (HFWA) posted Rent Expense of $5.3 million for Q1 2026, up 19.78% on a QoQ basis from $4.4 million in Q4 2025, and up 8.2% year-over-year from $4.9 million in Q1 2025.
Heritage Financial (HFWA) Rent Expense (2010 - 2026) Analysis & Trends
Heritage Financial's Rent Expense history runs 17 years deep, the most recent figure standing at $5.3 million for 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 was $5.3 million for Q1 2026 at Heritage Financial, up from $4.4 million in the prior quarter.
- Across five years, Rent Expense topped out at $5.3 million in Q1 2026 and bottomed at $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 gained 12.95% — and 2025, when it declined 6.16%.
- Heritage Financial's Rent Expense stood at $4.5 million in 2022, then rose by 5.35% to $4.8 million in 2023, then retreated by 0.88% to $4.7 million in 2024, then slipped by 6.16% to $4.4 million in 2025, then climbed by 19.78% to $5.3 million in 2026.
- Business Quant data shows HFWA's Rent Expense at $5.3 million in Q1 2026, $4.4 million in Q4 2025, and $4.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 | - |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 | - |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn | - |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - | 634,000.00 |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 1.45 Mn |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - | 262.00 Mn |
| 10 | Heritage Financial | 1.17 Bn | 903.58 Mn | 1.29 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 |