Heritage Financial (HFWA) Research & Development (2021 - 2025)

Heritage Financial's Research & Development history spans 5 years, with the latest figure at $3.7 million for Q4 2025.

  • For Q4 2025, Research & Development fell 8.43% year-over-year to $3.7 million; the TTM value through Dec 2025 reached $15.0 million, up 0.66%, while the annual FY2025 figure was $15.0 million, 0.66% up from the prior year.
  • Research & Development reached $3.7 million in Q4 2025 per HFWA's latest filing, down from $3.8 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $4.7 million in Q4 2021 to a low of $3.3 million in Q1 2024.
  • Average Research & Development over 5 years is $4.0 million, with a median of $4.0 million recorded in 2021.
  • Peak YoY movement for Research & Development: dropped 25.99% in 2022, then soared 34.97% in 2023.
  • A 5-year view of Research & Development shows it stood at $4.7 million in 2021, then dropped by 25.99% to $3.5 million in 2022, then soared by 34.97% to $4.7 million in 2023, then fell by 14.27% to $4.0 million in 2024, then decreased by 8.43% to $3.7 million in 2025.
  • Per Business Quant, the three most recent readings for HFWA's Research & Development are $3.7 million (Q4 2025), $3.8 million (Q3 2025), and $3.7 million (Q2 2025).