HFWA Q4 2022 Earnings — Heritage Financial Corporation Revenue & Financial Results | Market Cap Arena

HFWAHeritage Financial Corporation

$864M

Q4 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$73M+22.2% YoY

Gross Profit

$68M94.0% margin

Operating Income

$28M38.4% margin

Net Income

$23M31.1% margin

EPS (Diluted)

$0.64

QoQ Revenue Growth

+5.9%

Cash Flow

Operating Cash Flow

$32M

Free Cash Flow

$30M

Stock-Based Comp.

$998,000

Balance Sheet

Total Assets

$7.0B

Total Liabilities

$6.2B

Stockholders' Equity

$798M

Cash & Equivalents

$104M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$73M	$59M	+22.2%
Gross Profit	$68M	$63M	+8.8%
Operating Income	$28M	$24M	+14.7%
Net Income	$23M	$19M	+16.2%