Heritage Financial (HFWA) Service Charges (2010 - 2023)

Heritage Financial (HFWA) has reported Service Charges for 14 consecutive years, with $2.6 million the latest figure, recorded in Q1 2023.

• For the quarter ending Q1 2023, Service Charges rose 6.06% year-over-year to $2.6 million; the trailing twelve-month figure through Mar 2023 stood at $7.9 million (up 3.07% YoY), and the FY2022 full-year result was $10.4 million, up 12.85% from the prior year.
• Service Charges rose to $2.6 million in Q1 2023 per HFWA's latest filing, from $151000.0 in the prior quarter.
• Across five years, Service Charges topped out at $4.8 million in Q3 2019 and bottomed at -$9.1 million in Q4 2019.
• Historically, Service Charges has averaged $1.7 million across 5 years, with a median of $2.4 million in 2021.
• The sharpest annual moves came in 2020 and 2022: Service Charges jumped 110.18% in 2020, then tumbled 77.76% in 2022.
• Over 5 years, Service Charges stood at -$9.1 million in 2019, then jumped by 110.18% to $928000.0 in 2020, then retreated by 26.83% to $679000.0 in 2021, then sank by 77.76% to $151000.0 in 2022, then jumped by 1637.75% to $2.6 million in 2023.
• According to Business Quant data, Service Charges over the past three periods registered $2.6 million, $151000.0, and $2.7 million for Q1 2023, Q4 2022, and Q3 2022 respectively.