HFWA Q4 2023 Earnings — Heritage Financial Corporation Revenue & Financial Results | Market Cap Arena

HFWAHeritage Financial Corporation

$864M

Q4 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$71M-2.1% YoY

Gross Profit

$49M69.3% margin

Operating Income

$7M9.2% margin

Net Income

$6M8.8% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

-10.8%

Cash Flow

Operating Cash Flow

$31M

Free Cash Flow

$30M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$7.2B

Total Liabilities

$6.3B

Stockholders' Equity

$853M

Cash & Equivalents

$225M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$71M	$73M	-2.1%
Gross Profit	$49M	$68M	-27.8%
Operating Income	$7M	$28M	-76.4%
Net Income	$6M	$23M	-72.4%

Revenue Segments

Deposit Account

$5M58%

Credit and Debit Card

$4M42%