Heritage Financial (HFWA) Tax Rate (2010 - 2026)

Heritage Financial has reported Tax Rate for 17 years, with the latest figure 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.
• The five-year high for Tax Rate was 26.96% in Q4 2024, with the low at 5.23% in Q4 2023.
• Historically, Tax Rate has averaged 15.52% across 5 years, with a median of 15.4% in 2026.
• Annual changes were most pronounced in 2023 — Tax Rate slumped 1393 bps — and 2024, when it jumped 2173 bps.
• Heritage Financial's Tax Rate stood at 19.17% in 2022, then sank by 73 bps to 5.23% in 2023, then surged by 415 bps to 26.96% in 2024, then tumbled by 50 bps to 13.4% in 2025, then gained 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.