Heritage Financial Corp HFWA

Morningstar Rating

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

HFWA is trading at a 577% premium.
Price
$21.32
Fair Value
$96.13
Uncertainty
Very High
1-Star Price
$14.76
5-Star Price
$93.46
Economic Moat
Znzn
Capital Allocation

News

Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
16.37
Price/Sales
3.45
Dividend Yield (Trailing)
4.26%
Dividend Yield (Forward)
4.26%
Total Yield
6.04%

Company Profile

Heritage Financial Corp is a bank holding company. The company through its subsidiary provides commercial lending and deposit relationships with small businesses and their owners in its market areas and attracts deposits from the general public. It accepts various deposit products, such as noninterest demand accounts, money market accounts, savings accounts, and certificates of deposit. Besides, the Bank also makes real estate construction loans, land development loans, and consumer loans, and originates first mortgage loans on residential properties mainly located in its market area. Geographically, all the business activity functions through the region of the United States.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Small Value
Total Number of Employees
748

Comparables

Valuation

Metric
HFWA
NBBK
WSBF
Price/Earnings (Normalized)
16.3719.6723.54
Price/Book Value
0.870.990.83
Price/Sales
3.454.682.20
Price/Cash Flow
9.1920.25
Price/Earnings
HFWA
NBBK
WSBF

Financial Strength

Metric
HFWA
NBBK
WSBF
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
HFWA
NBBK
WSBF
Return on Assets (Normalized)
0.68%0.29%0.54%
Return on Equity (Normalized)
5.75%2.12%3.37%
Return on Invested Capital (Normalized)
Return on Assets
HFWA
NBBK
WSBF

Banks - Regional Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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PNC
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U.S. Bancorp
USB
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Itau Unibanco Holding SA ADR
ITUB
CtzvzhlrzFpwq$61.8 Bil
Truist Financial Corp
TFC
FjtcymbBtcvh$56.9 Bil
Mizuho Financial Group Inc ADR
MFG
BxkszfvftQmns$49.2 Bil
Lloyds Banking Group PLC ADR
LYG
StcszdnrFplbbk$49.0 Bil
NatWest Group PLC ADR
NWG
WxmhgvynGty$38.5 Bil
Deutsche Bank AG
DB
FmjFql$33.9 Bil

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