HFWA Q4 2024 Earnings — Heritage Financial Corporation Revenue & Financial Results | Market Cap Arena

HFWAHeritage Financial Corporation

$864M

Q4 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$82M+15.7% YoY

Gross Profit

$56M67.9% margin

Operating Income

$16M19.9% margin

Net Income

$12M14.5% margin

EPS (Diluted)

$0.35

QoQ Revenue Growth

+0.7%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

$20M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$7.1B

Total Liabilities

$6.2B

Stockholders' Equity

$864M

Cash & Equivalents

$117M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$71M	+15.7%
Gross Profit	$56M	$49M	+13.3%
Operating Income	$16M	$7M	+148.3%
Net Income	$12M	$6M	+91.4%

Revenue Segments

Deposit Account

$3M61%

Credit and Debit Card

$2M39%