HFWA Q3 2024 Earnings — Heritage Financial Corporation Revenue & Financial Results | Market Cap Arena

HFWAHeritage Financial Corporation

$864M

Q3 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$82M+2.4% YoY

Gross Profit

$52M64.1% margin

Operating Income

$13M16.0% margin

Net Income

$11M14.0% margin

EPS (Diluted)

$0.33

QoQ Revenue Growth

-0.2%

Cash Flow

Operating Cash Flow

$24M

Free Cash Flow

$23M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$7.2B

Total Liabilities

$6.3B

Stockholders' Equity

$875M

Cash & Equivalents

$176M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$80M	+2.4%
Gross Profit	$52M	$63M	-16.6%
Operating Income	$13M	$22M	-40.1%
Net Income	$11M	$18M	-37.3%

Revenue Segments

Deposit Account

$3M57%

Credit and Debit Card

$2M43%