Heritage Financial (HFWA) Tax Rate (2010 - 2026)
Heritage Financial posted quarterly Tax Rate of 15.4% for Q1 2026, up 149.0% year-on-year from 6.19% in Q1 2025, and up 14.92% on a QoQ basis from 13.4% in Q4 2025.
Heritage Financial (HFWA) has 17 years of Tax Rate data on file, last reported at 15.4% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 149.0% year-over-year to 15.4%; the trailing twelve-month figure through Mar 2026 stood at 14.47% (down 199.0% YoY), and the FY2025 full-year result was 14.08%, down 314.0% from the prior year.
- Tax Rate for Q1 2026 stood at 15.4%, up from 13.4% in the prior quarter.
- Across five years, Tax Rate topped out at 26.96% in Q4 2024 and bottomed at 5.23% in Q4 2023.
- The 5-year median for Tax Rate is 15.4% (2026), against an average of 15.52%.
- The widest annual swing landed in 2023, when Tax Rate plunged 1393 bps; it then jumped 2173 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 19.17% in 2022, then plunged by 73 bps to 5.23% in 2023, then soared by 415 bps to 26.96% in 2024, then slumped by 50 bps to 13.4% in 2025, then advanced by 15 bps to 15.4% in 2026.
- The last three Tax Rate figures came in at 15.4% (Q1 2026), 13.4% (Q4 2025), and 14.06% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 19.21 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 19.83 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 28.76 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 0.05 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 18.98 |
| 10 | Heritage Financial | 1.05 Bn | 783.27 Mn | 2.98 Mn | 15.40 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.40 |
| Mar 31, 2026 | 15.40 |
| Dec 31, 2025 | 13.40 |
| Dec 31, 2025 | 13.40 |
| Sep 30, 2025 | 14.06 |
| Sep 30, 2025 | 14.06 |
| Jun 30, 2025 | 15.52 |
| Jun 30, 2025 | 15.52 |
| Mar 31, 2025 | 13.91 |
| Mar 31, 2025 | 13.91 |
| Dec 31, 2024 | 26.96 |
| Dec 31, 2024 | 26.96 |
| Sep 30, 2024 | 12.57 |
| Sep 30, 2024 | 12.57 |
| Jun 30, 2024 | 11.48 |
| Jun 30, 2024 | 11.48 |
| Mar 31, 2024 | 16.31 |
| Mar 31, 2024 | 16.31 |
| Dec 31, 2023 | 5.23 |
| Dec 31, 2023 | 5.23 |
| Sep 30, 2023 | 16.42 |
| Sep 30, 2023 | 16.42 |
| Jun 30, 2023 | 15.22 |
| Jun 30, 2023 | 15.22 |
| Mar 31, 2023 | 17.08 |
| Mar 31, 2023 | 17.08 |
| Dec 31, 2022 | 19.17 |
| Dec 31, 2022 | 19.17 |
| Sep 30, 2022 | 18.16 |
| Sep 30, 2022 | 18.16 |
| Jun 30, 2022 | 17.63 |
| Jun 30, 2022 | 17.63 |
| Mar 31, 2022 | 15.35 |
| Mar 31, 2022 | 15.35 |
| Dec 31, 2021 | 20.24 |
| Dec 31, 2021 | 20.24 |
| Sep 30, 2021 | 19.53 |
| Sep 30, 2021 | 19.53 |
| Jun 30, 2021 | 18.56 |
| Jun 30, 2021 | 18.56 |
| Mar 31, 2021 | 16.76 |
| Mar 31, 2021 | 16.76 |
| Dec 31, 2020 | 15.64 |
| Dec 31, 2020 | 15.64 |
| Sep 30, 2020 | 12.96 |
| Sep 30, 2020 | 12.96 |
| Jun 30, 2020 | 13.23 |
| Jun 30, 2020 | 13.23 |
| Mar 31, 2020 | 5.90 |
| Mar 31, 2020 | 5.90 |
| Dec 31, 2019 | 16.75 |
| Dec 31, 2019 | 16.75 |
| Sep 30, 2019 | 16.83 |
| Sep 30, 2019 | 16.83 |
| Jun 30, 2019 | 16.69 |
| Jun 30, 2019 | 16.69 |
| Mar 31, 2019 | 16.29 |
| Mar 31, 2019 | 16.29 |
| Dec 31, 2018 | 22.02 |
| Dec 31, 2018 | 22.02 |
| Sep 30, 2018 | 16.87 |
| Sep 30, 2018 | 16.87 |
| Jun 30, 2018 | 14.45 |
| Jun 30, 2018 | 14.45 |
| Mar 31, 2018 | 13.34 |
| Mar 31, 2018 | 13.34 |
| Dec 31, 2017 | 42.04 |
| Dec 31, 2017 | 42.04 |
| Sep 30, 2017 | 26.96 |
| Sep 30, 2017 | 26.96 |
| Jun 30, 2017 | 25.62 |
| Jun 30, 2017 | 25.62 |
| Mar 31, 2017 | 24.90 |
| Mar 31, 2017 | 24.90 |
| Dec 31, 2016 | 25.36 |
| Dec 31, 2016 | 25.36 |
| Sep 30, 2016 | 27.18 |
| Sep 30, 2016 | 27.18 |
| Jun 30, 2016 | 26.27 |
| Jun 30, 2016 | 26.27 |
| Mar 31, 2016 | 25.74 |
| Mar 31, 2016 | 25.74 |
| Dec 31, 2015 | 21.80 |
| Dec 31, 2015 | 21.80 |
| Sep 30, 2015 | 28.69 |
| Sep 30, 2015 | 28.69 |
| Jun 30, 2015 | 27.79 |
| Jun 30, 2015 | 27.79 |
| Mar 31, 2015 | 29.00 |
| Mar 31, 2015 | 29.00 |
| Dec 31, 2014 | 15.47 |
| Dec 31, 2014 | 15.47 |
| Sep 30, 2014 | 28.12 |
| Sep 30, 2014 | 28.12 |
| Jun 30, 2014 | 27.13 |
| Jun 30, 2014 | 27.13 |
| Mar 31, 2014 | 33.27 |
| Mar 31, 2014 | 33.27 |
| Dec 31, 2013 | 37.88 |
| Dec 31, 2013 | 37.88 |
| Sep 30, 2013 | 31.46 |
| Sep 30, 2013 | 31.46 |
| Jun 30, 2013 | 32.45 |
| Jun 30, 2013 | 32.45 |
| Mar 31, 2013 | 32.01 |
| Mar 31, 2013 | 32.01 |
| Dec 31, 2012 | 30.56 |
| Dec 31, 2012 | 30.56 |
| Sep 30, 2012 | 31.38 |
| Sep 30, 2012 | 31.38 |
| Jun 30, 2012 | 33.25 |
| Jun 30, 2012 | 33.25 |
| Mar 31, 2012 | 31.78 |
| Mar 31, 2012 | 31.78 |
| Dec 31, 2011 | 31.42 |
| Dec 31, 2011 | 31.42 |
| Sep 30, 2011 | 27.63 |
| Sep 30, 2011 | 27.63 |
| Jun 30, 2011 | 27.02 |
| Jun 30, 2011 | 27.02 |
| Mar 31, 2011 | 27.17 |
| Mar 31, 2011 | 27.17 |
| Dec 31, 2010 | 39.91 |
| Dec 31, 2010 | 39.91 |
| Sep 30, 2010 | 33.40 |
| Sep 30, 2010 | 33.40 |
| Jun 30, 2010 | 12.21 |
| Jun 30, 2010 | 12.21 |