HFWA Q2 2022 Earnings — Heritage Financial Corporation Revenue & Financial Results | Market Cap Arena

HFWAHeritage Financial Corporation

$864M

Q2 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$59M-8.6% YoY

Gross Profit

$58M99.2% margin

Operating Income

$23M38.4% margin

Net Income

$19M31.6% margin

EPS (Diluted)

$0.52

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

$23M

Free Cash Flow

$23M

Stock-Based Comp.

$843,000

Balance Sheet

Total Assets

$7.3B

Total Liabilities

$6.5B

Stockholders' Equity

$805M

Cash & Equivalents

$994M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$59M	$64M	-8.6%
Gross Profit	$58M	$77M	-23.9%
Operating Income	$23M	$40M	-43.8%
Net Income	$19M	$33M	-43.2%