Income Statement - HERITAGE FINANCIAL CORP /WA/ (HFWA)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 335.97 | 317.19 | 303.13 | 257.05 | 247.45 | 251.55 | 250.31 | 231.02 | 183.29 | 170.13 | 168.01 | 137.53 | 80.64 | 76.30 | 79.77 | 69.05 | 62.01 | 65.77 | 70.96 | 63.19 |
| Cost of revenue | 92.61 | 106.63 | 63.59 | 6.65 | -22.33 | 49.43 | 22.48 | 17.54 | 12.57 | 10.94 | 10.49 | 10.28 | 7.40 | 6.55 | 21.01 | 20.50 | 31.04 | 26.03 | 26.58 | 20.19 |
| Gross profit | 243.36 | 210.56 | 239.54 | 250.40 | 269.78 | 202.12 | 227.83 | 213.48 | 170.72 | 159.19 | 157.52 | 127.25 | 73.25 | 69.75 | 58.76 | 48.55 | 30.97 | 39.75 | 44.38 | 43.01 |
| Total operating expenses | 165.57 | 158.30 | 166.62 | 150.97 | 149.27 | 148.94 | 146.79 | 149.19 | 110.58 | 106.47 | 106.21 | 99.33 | 59.08 | 50.31 | 49.61 | 28.76 | 30.90 | 30.42 | 28.29 | 27.08 |
| Operating income | 77.79 | 52.26 | 72.92 | 99.44 | 120.51 | 53.18 | 81.05 | 64.30 | 60.15 | 52.72 | 51.31 | 27.92 | 14.17 | 19.44 | 9.15 | 19.79 | 0.08 | 9.33 | 16.10 | 15.92 |
| Non-operating income (net) | 0.81 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income before tax | 78.60 | 52.26 | 72.92 | 99.44 | 120.51 | 53.18 | 81.05 | 64.30 | 60.15 | 52.72 | 51.31 | 27.92 | 14.17 | 19.44 | 9.15 | 19.79 | 0.08 | 9.33 | 16.10 | 15.92 |
| Income tax expense | 11.07 | 9.00 | 11.16 | 17.56 | 22.47 | 6.61 | 13.49 | 11.24 | 18.36 | 13.80 | 13.82 | 6.91 | 4.59 | 6.18 | 2.63 | 6.44 | -0.50 | 2.98 | 5.39 | 5.38 |
| Net income | 67.53 | 43.26 | 61.76 | 81.88 | 98.04 | 46.57 | 67.56 | 53.06 | 41.79 | 38.92 | 37.49 | 21.01 | 9.58 | 13.26 | 6.52 | 13.35 | 0.58 | 6.35 | 10.71 | 10.55 |
Show Quarterly Income Statement
Income Statement - HERITAGE FINANCIAL CORP /WA/ (HFWA)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 99.37 | 86.85 | 87.83 | 80.02 | 81.27 | 82.25 | 81.65 | 81.83 | 71.45 | 71.12 | 79.74 | 77.35 | 74.92 | 72.61 | 68.56 | 58.75 | 57.13 | 59.43 | 61.27 | 64.31 | 62.44 | 65.96 | 60.77 | 62.24 | 62.57 | 62.95 | 63.34 | 62.78 | 61.24 | 63.33 | 62.66 | 54.24 | 50.80 | 48.61 | 45.72 | 46.75 | 42.21 | 42.76 | 44.98 | 41.17 | 41.23 | 41.52 | 43.03 | 40.87 | 42.59 | 42.34 | 40.51 | 34.77 | 19.91 | 20.97 | 21.12 | 19.19 | 19.37 | 18.40 | 18.56 | 19.43 | 19.86 | 20.75 | 19.16 | 20.11 | 20.40 | 21.92 | 17.37 | 14.85 | 15.00 | 15.54 | 15.41 | 15.58 | 15.48 | 16.13 | 16.44 | 16.25 | 16.95 | 17.69 | 18.46 | 17.86 | 16.96 | 16.87 | 16.85 | 15.33 | 14.14 |
| Cost of revenue | 20.43 | 20.50 | 23.91 | 24.47 | 23.73 | 26.38 | 29.30 | 26.74 | 24.22 | 21.82 | 16.97 | 16.16 | 8.65 | 4.32 | 3.77 | 0.48 | -1.93 | -3.36 | -1.49 | -12.24 | -5.25 | -0.91 | 5.62 | 32.24 | 12.48 | 6.39 | 5.11 | 6.05 | 4.94 | 4.76 | 4.55 | 4.68 | 3.56 | 3.73 | 3.22 | 3.04 | 2.58 | 2.69 | 3.00 | 2.63 | 2.61 | 2.61 | 2.40 | 2.71 | 2.78 | 4.51 | 2.32 | 2.12 | 1.33 | 1.33 | 2.03 | 2.23 | 1.80 | 1.68 | 1.88 | 1.80 | 1.19 | 4.68 | 4.84 | 5.23 | 6.27 | 5.01 | 4.46 | 5.10 | 5.93 | 7.48 | 7.43 | 7.51 | 8.61 | 8.64 | 6.10 | 5.30 | 6.00 | 6.67 | 7.00 | 6.71 | 6.21 | 5.90 | 5.53 | 4.73 | 4.03 |
| Gross profit | 78.94 | 66.35 | 63.92 | 55.54 | 57.54 | 55.87 | 52.36 | 55.09 | 47.24 | 49.30 | 62.77 | 61.20 | 66.28 | 68.28 | 64.79 | 58.27 | 59.06 | 62.78 | 62.76 | 76.55 | 67.69 | 66.87 | 55.16 | 30.00 | 50.09 | 56.57 | 58.24 | 56.73 | 56.30 | 58.57 | 58.11 | 49.57 | 47.23 | 44.88 | 42.50 | 43.71 | 39.63 | 40.06 | 41.98 | 38.54 | 38.61 | 38.91 | 40.63 | 38.16 | 39.81 | 37.83 | 38.20 | 32.65 | 18.58 | 19.64 | 19.09 | 16.97 | 17.56 | 16.71 | 16.68 | 17.63 | 18.68 | 16.07 | 14.32 | 14.88 | 14.13 | 16.91 | 12.91 | 9.75 | 9.07 | 8.06 | 7.98 | 8.07 | 6.87 | 7.50 | 10.35 | 10.95 | 10.95 | 11.02 | 11.46 | 11.15 | 10.75 | 10.97 | 11.32 | 10.60 | 10.12 |
| Total operating expenses | 56.55 | 41.48 | 41.62 | 41.09 | 41.38 | 39.54 | 39.29 | 39.10 | 40.37 | 42.72 | 40.97 | 41.33 | 41.61 | 40.39 | 39.15 | 35.71 | 35.72 | 38.47 | 37.17 | 36.40 | 37.24 | 38.56 | 36.05 | 37.07 | 37.26 | 36.00 | 36.72 | 37.55 | 36.53 | 37.35 | 39.46 | 35.71 | 36.75 | 27.59 | 27.96 | 27.81 | 27.22 | 26.81 | 26.82 | 26.48 | 26.37 | 26.77 | 27.32 | 26.08 | 26.04 | 29.24 | 28.36 | 26.96 | 14.77 | 18.49 | 14.29 | 12.98 | 13.32 | 12.34 | 12.50 | 12.85 | 12.56 | 12.82 | 11.79 | 12.57 | 13.08 | 2.46 | 9.85 | 8.47 | 8.08 | 7.38 | 7.61 | 8.03 | 7.88 | 7.90 | 7.26 | 8.29 | 6.97 | 6.90 | 7.03 | 7.18 | 7.19 | 7.00 | 6.98 | 6.82 | 6.29 |
| Operating income | 22.40 | 24.87 | 22.31 | 14.46 | 16.16 | 16.33 | 13.07 | 16.00 | 6.87 | 6.58 | 21.80 | 19.87 | 24.67 | 27.89 | 25.65 | 22.56 | 23.34 | 24.32 | 25.59 | 40.15 | 30.45 | 28.31 | 19.11 | -7.08 | 12.83 | 20.57 | 21.52 | 19.19 | 19.77 | 21.23 | 18.65 | 13.86 | 10.49 | 17.29 | 14.55 | 15.90 | 12.41 | 13.26 | 15.16 | 12.06 | 12.24 | 12.14 | 13.31 | 12.08 | 13.77 | 8.58 | 9.83 | 5.69 | 3.81 | 1.14 | 4.80 | 3.98 | 4.24 | 4.37 | 4.17 | 4.79 | 6.11 | 3.25 | 2.54 | 2.31 | 1.05 | 14.45 | 3.07 | 1.28 | 1.00 | 0.68 | 0.37 | 0.04 | -1.02 | -0.41 | 3.09 | 2.67 | 3.98 | 4.12 | 4.43 | 3.98 | 3.57 | 3.97 | 4.34 | 3.79 | 3.83 |
| Non-operating income (net) | 0.00 | 0.81 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income before tax | 22.40 | 25.68 | 22.31 | 14.46 | 16.16 | 16.33 | 13.07 | 16.00 | 6.87 | 6.58 | 21.80 | 19.87 | 24.67 | 27.89 | 25.65 | 22.56 | 23.34 | 24.32 | 25.59 | 40.15 | 30.45 | 28.31 | 19.11 | -7.08 | 12.83 | 20.57 | 21.52 | 19.19 | 19.77 | 21.23 | 18.65 | 13.86 | 10.49 | 17.29 | 14.55 | 15.90 | 12.41 | 13.26 | 15.16 | 12.06 | 12.24 | 12.14 | 13.31 | 12.08 | 13.77 | 8.58 | 9.83 | 5.69 | 3.81 | 1.14 | 4.80 | 3.98 | 4.24 | 4.37 | 4.17 | 4.79 | 6.11 | 3.25 | 2.54 | 2.31 | 1.05 | 14.45 | 3.07 | 1.28 | 1.00 | 0.68 | 0.37 | 0.04 | -1.02 | -0.41 | 3.09 | 2.67 | 3.98 | 4.12 | 4.43 | 3.98 | 3.57 | 3.97 | 4.34 | 3.79 | 3.83 |
| Income tax expense | 3.45 | 3.44 | 3.14 | 2.24 | 2.25 | 4.40 | 1.64 | 1.84 | 1.12 | 0.34 | 3.58 | 3.03 | 4.21 | 5.35 | 4.66 | 3.98 | 3.58 | 4.92 | 5.00 | 7.45 | 5.10 | 4.43 | 2.48 | -0.94 | 0.64 | 3.45 | 3.62 | 3.20 | 3.22 | 4.62 | 3.15 | 2.00 | 1.40 | 7.27 | 3.92 | 4.08 | 3.09 | 3.36 | 4.12 | 3.17 | 3.15 | 2.65 | 3.82 | 3.36 | 3.99 | 1.33 | 2.77 | 1.54 | 1.27 | 0.43 | 1.51 | 1.29 | 1.36 | 1.34 | 1.31 | 1.59 | 1.94 | 1.02 | 0.70 | 0.62 | 0.29 | 4.69 | 1.02 | 0.42 | 0.30 | -0.09 | 0.06 | -0.05 | -0.42 | -0.21 | 1.01 | 0.86 | 1.32 | 1.35 | 1.50 | 1.35 | 1.19 | 1.41 | 1.45 | 1.25 | 1.27 |
| Net income | 18.95 | 22.24 | 19.17 | 12.22 | 13.91 | 11.93 | 11.42 | 14.16 | 5.75 | 6.23 | 18.22 | 16.85 | 20.46 | 22.54 | 20.99 | 18.58 | 19.76 | 19.40 | 20.59 | 32.70 | 25.34 | 23.88 | 16.64 | -6.14 | 12.19 | 17.13 | 17.90 | 15.98 | 16.55 | 16.61 | 15.50 | 11.86 | 9.09 | 10.02 | 10.62 | 11.83 | 9.32 | 9.89 | 11.04 | 8.90 | 9.09 | 9.49 | 9.49 | 8.73 | 9.78 | 7.26 | 7.07 | 4.15 | 2.54 | 0.71 | 3.29 | 2.69 | 2.89 | 3.03 | 2.86 | 3.19 | 4.17 | 2.23 | 1.84 | 1.69 | 0.76 | 9.76 | 2.04 | 0.86 | 0.70 | 0.77 | 0.31 | 0.09 | -0.59 | -0.19 | 2.08 | 1.80 | 2.66 | 2.78 | 2.93 | 2.63 | 2.37 | 2.56 | 2.89 | 2.54 | 2.56 |