HFWA Q1 2022 Earnings — Heritage Financial Corporation Revenue & Financial Results | Market Cap Arena

HFWAHeritage Financial Corporation

$864M

Q1 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$57M-8.5% YoY

Gross Profit

$59M103.4% margin

Operating Income

$23M40.9% margin

Net Income

$20M34.6% margin

EPS (Diluted)

$0.56

QoQ Revenue Growth

-3.9%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$10M

Stock-Based Comp.

$950,000

Balance Sheet

Total Assets

$7.5B

Total Liabilities

$6.7B

Stockholders' Equity

$821M

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$57M	$62M	-8.5%
Gross Profit	$59M	$68M	-12.7%
Operating Income	$23M	$30M	-23.3%
Net Income	$20M	$25M	-22.0%