Heritage Financial (HFWA) Tax Provisions (2010 - 2026)
Heritage Financial (HFWA) reported Tax Provisions of $3.4 million for Q1 2026, up 53.47% on a YoY basis from $2.2 million in Q1 2025, and little changed quarter-over-quarter from $3.4 million in Q4 2025.
Heritage Financial (HFWA) Tax Provisions (2010 - 2026) Analysis & Trends
Heritage Financial has reported Tax Provisions for 17 years, with the latest figure at $3.4 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 53.47% year-over-year to $3.4 million; the trailing twelve-month figure through Mar 2026 stood at $12.3 million (up 21.17% YoY), and the FY2025 full-year result was $11.1 million, up 23.0% from the prior year.
- Tax Provisions for Q1 2026 stood at $3.4 million, roughly flat from $3.4 million in the prior quarter.
- The five-year high for Tax Provisions was $5.3 million in Q4 2022, with the low at $344000.0 in Q4 2023.
- Historically, Tax Provisions has averaged $3.1 million across 5 years, with a median of $3.4 million in 2025.
- Annual changes were most pronounced in 2023 — Tax Provisions slumped 93.56% — and 2024, when it jumped 1179.65%.
- Heritage Financial's Tax Provisions stood at $5.3 million in 2022, then tumbled by 93.56% to $344000.0 in 2023, then jumped by 1179.65% to $4.4 million in 2024, then retreated by 21.81% to $3.4 million in 2025, then gained by 0.23% to $3.4 million in 2026.
- The last three Tax Provisions figures came in at $3.4 million (Q1 2026), $3.4 million (Q4 2025), and $3.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -78,154.00 |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -633.64 Mn |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 1.03 Mn |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.25 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -709.14 Mn |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 391.52 Mn |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Heritage Financial | 1.12 Bn | 852.90 Mn | 2.98 Mn | 3.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.45 Mn |
| Dec 31, 2025 | 3.44 Mn |
| Sep 30, 2025 | 3.14 Mn |
| Jun 30, 2025 | 2.24 Mn |
| Mar 31, 2025 | 2.25 Mn |
| Dec 31, 2024 | 4.40 Mn |
| Sep 30, 2024 | 1.64 Mn |
| Jun 30, 2024 | 1.84 Mn |
| Mar 31, 2024 | 1.12 Mn |
| Dec 31, 2023 | 344,000.00 |
| Sep 30, 2023 | 3.58 Mn |
| Jun 30, 2023 | 3.03 Mn |
| Mar 31, 2023 | 4.21 Mn |
| Dec 31, 2022 | 5.35 Mn |
| Sep 30, 2022 | 4.66 Mn |
| Jun 30, 2022 | 3.98 Mn |
| Mar 31, 2022 | 3.58 Mn |
| Dec 31, 2021 | 4.92 Mn |
| Sep 30, 2021 | 5.00 Mn |
| Jun 30, 2021 | 7.45 Mn |