Heritage Financial Corp /Wa/ (HFWA) Tax Rate (2010 - 2026)
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.
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 Comparison
Historic Data
| Date | Value |
|---|---|
| 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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "HFWA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=HFWA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();