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Heritage Financial Corp HFWA

Morningstar Rating
$17.55 +0.21 (1.21%)
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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 22% discount.
Price
$17.27
Fair Value
$15.11
Uncertainty
Very High
1-Star Price
$44.90
5-Star Price
$65.37
Economic Moat
Pnxy
Capital Allocation
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News

Trading Information

Previous Close Price
$17.34
Day Range
$17.3517.71
52-Week Range
$14.8522.55
Bid/Ask
$7.02 / $17.46
Market Cap
$608.20 Mil
Volume/Avg
150,280 / 178,236

Key Statistics

Price/Earnings (Normalized)
9.54
Price/Sales
2.54
Dividend Yield (Trailing)
5.07%
Dividend Yield (Forward)
5.07%
Total Yield
6.23%

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
799

Comparables

Valuation

Metric
HFWA
HAFC
BMRC
Price/Earnings (Normalized)
9.545.5712.23
Price/Book Value
0.720.630.56
Price/Sales
2.541.772.32
Price/Cash Flow
5.655.076.50
Price/Earnings
HFWA
HAFC
BMRC

Financial Strength

Metric
HFWA
HAFC
BMRC
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
HFWA
HAFC
BMRC
Return on Assets (Normalized)
0.91%1.05%0.53%
Return on Equity (Normalized)
7.89%11.66%5.02%
Return on Invested Capital (Normalized)
Return on Assets
HFWA
HAFC
BMRC
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Banks - Regional Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BNPQY
BNP Paribas ADRDdclcmvscTprl$79.4 Bil
ISNPY
Intesa Sanpaolo ADRZwssztxrcfJwpj$64.0 Bil
USB
U.S. BancorpFxzdgbrxjHxmwh$61.5 Bil
PNC
PNC Financial Services Group IncGqsrcdymYrtdfmr$58.9 Bil
ITUB
Itau Unibanco Holding SA ADRPfsqlzhqHblls$54.8 Bil
MFG
Mizuho Financial Group Inc ADRGkjykhrcVwjs$48.8 Bil
TFC
Truist Financial CorpJntqwwvwXcxdvkv$47.7 Bil
LYG
Lloyds Banking Group PLC ADRWqfvdpqlSlcdq$39.7 Bil
DB
Deutsche Bank AGLcwQwl$31.5 Bil
NWG
NatWest Group PLC ADRCbxtdXxyl$29.5 Bil

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