Heritage Financial HFWA
NASDAQ HFWA
$29.15 +0.63 (+2.21%)
At close: Oct 23, 2026 · 4:00 PM EDT

Heritage Financial Corp /Wa/ (HFWA) Tax Rate (2010 - 2026)

Updated

Heritage Financial (HFWA) recorded Tax Rate of 15.33% in Q2 2026, down 0.18 percentage points from 15.52% a year earlier and down 0.07 percentage points from the prior quarter.

Analysis

Heritage Financial Corp /Wa/ (HFWA) Tax Rate (2010 - 2026) Analysis & Trends

On a TTM basis, Heritage Financial's Tax Rate came in at 14.50% as of Jun 30, 2026, down 3.06 percentage points year-over-year; for FY2025, it came in at 14.08%, down 3.14 percentage points from FY2024.

  • Annual Tax Rate has a five-year change of +1.66 percentage points (FY2020 to FY2025).
  • Across earlier years, Tax Rate came in at 17.22% in FY2024 (+1.92 pp), 15.31% in FY2023 (-2.36 pp), 17.66% in FY2022 (-0.99 pp) and 18.65% in FY2021 (+6.22 pp).
  • Quarterly Tax Rate has ranged from 5.23% in Q4 2023 to 26.96% in Q4 2024 over the past five years.
  • On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of +1.10 percentage points.
  • Peak year-over-year performance for Tax Rate in the last five years was a gain of 21.73 percentage points in Q4 2024, against a drop of 13.93 percentage points in Q4 2023 at the low end.
  • Per Business Quant, the preceding three quarters came in at 15.40% (Q1 2026), 13.40% (Q4 2025) and 14.06% (Q3 2025).
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 15.33%
Mar 31, 2026 15.40%
Dec 31, 2025 13.40%
Sep 30, 2025 14.06%
Jun 30, 2025 15.52%
Mar 31, 2025 13.91%
Dec 31, 2024 26.96%
Sep 30, 2024 12.57%
Jun 30, 2024 11.48%
Mar 31, 2024 16.31%
Dec 31, 2023 5.23%
Sep 30, 2023 16.42%
Jun 30, 2023 15.22%
Mar 31, 2023 17.08%
Dec 31, 2022 19.17%
Sep 30, 2022 18.16%
Jun 30, 2022 17.63%
Mar 31, 2022 15.35%
Dec 31, 2021 20.24%
Sep 30, 2021 19.53%
API Access

Heritage Financial Corp /Wa/ Tax Rate API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=tax-rate&ticker=HFWA&period=max&api_key=YOUR_API_KEY