HFWA Q2 2024 Earnings — Heritage Financial Corporation Revenue & Financial Results | Market Cap Arena

HFWAHeritage Financial Corporation

$864M

Q2 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$82M+5.8% YoY

Gross Profit

$55M67.3% margin

Operating Income

$16M19.5% margin

Net Income

$14M17.3% margin

EPS (Diluted)

$0.41

QoQ Revenue Growth

+14.5%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$6M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$7.1B

Total Liabilities

$6.2B

Stockholders' Equity

$851M

Cash & Equivalents

$114M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$77M	+5.8%
Gross Profit	$55M	$61M	-10.0%
Operating Income	$16M	$20M	-19.5%
Net Income	$14M	$17M	-16.0%

Revenue Segments

Deposit Account

$3M59%

Credit and Debit Card

$2M41%