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Compared to Estimates, Heritage Financial (HFWA) Q1 Earnings: A Look at Key Metrics
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For the quarter ended March 2026, Heritage Financial (HFWA - Free Report) reported revenue of $77.92 million, up 35.3% over the same period last year. EPS came in at $0.59, compared to $0.49 in the year-ago quarter.
The reported revenue represents a surprise of -3.08% over the Zacks Consensus Estimate of $80.39 million. With the consensus EPS estimate being $0.57, the EPS surprise was +3.87%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Heritage Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency Ratio: 72.6% compared to the 65% average estimate based on four analysts.
Net Interest Margin: 4% compared to the 3.8% average estimate based on four analysts.
Total Nonperforming Assets: $15.78 million versus $20.2 million estimated by three analysts on average.
Average Balance - Total interest earning assets: $7.09 billion versus $7.29 billion estimated by three analysts on average.
Net charge-offs (recoveries) on loans to average loans receivable, net: 0% versus 0.1% estimated by three analysts on average.
Total Nonaccrual Loans: $14.96 million versus the two-analyst average estimate of $21.29 million.
Total Noninterest Income: $8.7 million compared to the $9.89 million average estimate based on four analysts.
Net Interest Income: $69.22 million compared to the $70.39 million average estimate based on four analysts.
Shares of Heritage Financial have returned +6.9% over the past month versus the Zacks S&P 500 composite's +9.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Compared to Estimates, Heritage Financial (HFWA) Q1 Earnings: A Look at Key Metrics
For the quarter ended March 2026, Heritage Financial (HFWA - Free Report) reported revenue of $77.92 million, up 35.3% over the same period last year. EPS came in at $0.59, compared to $0.49 in the year-ago quarter.
The reported revenue represents a surprise of -3.08% over the Zacks Consensus Estimate of $80.39 million. With the consensus EPS estimate being $0.57, the EPS surprise was +3.87%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Heritage Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Heritage Financial here>>>
Shares of Heritage Financial have returned +6.9% over the past month versus the Zacks S&P 500 composite's +9.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.