HFWA Q1 2025 Earnings — Heritage Financial Corporation Revenue & Financial Results | Market Cap Arena

HFWAHeritage Financial Corporation

$864M

Q1 2025 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$81M+13.7% YoY

Gross Profit

$58M70.8% margin

Operating Income

$16M19.9% margin

Net Income

$14M17.1% margin

EPS (Diluted)

$0.40

QoQ Revenue Growth

-1.2%

Cash Flow

Operating Cash Flow

$19M

Free Cash Flow

$18M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$7.1B

Total Liabilities

$6.2B

Stockholders' Equity

$882M

Cash & Equivalents

$249M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$81M	$71M	+13.7%
Gross Profit	$58M	$47M	+21.8%
Operating Income	$16M	$7M	+135.3%
Net Income	$14M	$6M	+142.0%

Revenue Segments

Deposit Account

$3M63%

Credit and Debit Card

$2M37%