HFWAHeritage Financial Corporation

$864M

Q2 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$64M+3.3% YoY

Gross Profit

$77M119.0% margin

Operating Income

$40M62.4% margin

Net Income

$33M50.9% margin

EPS (Diluted)

$0.90

QoQ Revenue Growth

+3.0%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

$19M

Stock-Based Comp.

$926,000

Balance Sheet

Total Assets

$7.1B

Total Liabilities

$6.2B

Stockholders' Equity

$856M

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$64M	$62M	+3.3%
Gross Profit	$77M	$30M	+155.2%
Operating Income	$40M	-$7M	+667.5%
Net Income	$33M	-$6M	+632.7%

HFWA Q2 2021 Earnings — Heritage Financial Corporation Revenue & Financial Results | Market Cap Arena