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Heritage Financial (HFWA) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Heritage Financial Revenue Highlights

Latest Revenue (Y)

$303.13M

Latest Revenue (Q)

$81.65M

Main Segment (Y)

Deposit Account

Heritage Financial Revenue by Period

Heritage Financial Revenue by Year

DateRevenueChange
2023-12-31$303.13M21.75%
2022-12-31$248.98M3.57%
2021-12-31$240.40M0.91%
2020-12-31$238.23M2.62%
2019-12-31$232.14M6.19%
2018-12-31$218.61M24.96%
2017-12-31$174.94M6.59%
2016-12-31$164.13M1.38%
2015-12-31$161.89M22.78%
2014-12-31$131.85M71.41%
2013-12-31$76.92M7.17%
2012-12-31$71.77M-1.94%
2011-12-31$73.19M20.89%
2010-12-31$60.54M20.20%
2009-12-31$50.36M6.78%
2008-12-31$47.17M4.37%
2007-12-31$45.19M3.35%
2006-12-31$43.73M7.94%
2005-12-31$40.51M5.98%
2004-12-31$38.23M3.36%
2003-12-31$36.98M1.64%
2002-12-31$36.38M11.75%
2001-12-31$32.56M12.15%
2000-12-31$29.03M5.57%
1999-12-31$27.50M63.69%
1998-06-30$16.80M-

Heritage Financial generated $303.13M in revenue during NA 2023, up 21.75% compared to the previous quarter, and up 138.66% compared to the same period a year ago.

Heritage Financial Revenue by Quarter

DateRevenueChange
2024-09-30$81.65M-0.21%
2024-06-30$81.83M14.52%
2024-03-31$71.45M0.48%
2023-12-31$71.11M14.91%
2023-09-30$61.89M-1.93%
2023-06-30$63.10M-7.33%
2023-03-31$68.10M-2.28%
2022-12-31$69.69M4.42%
2022-09-30$66.74M16.95%
2022-06-30$57.06M2.85%
2022-03-31$55.48M-3.92%
2021-12-31$57.75M-3.12%
2021-09-30$59.61M-4.72%
2021-06-30$62.56M3.43%
2021-03-31$60.49M-5.10%
2020-12-31$63.74M10.11%
2020-09-30$57.89M-1.15%
2020-06-30$58.56M0.90%
2020-03-31$58.04M-0.15%
2019-12-31$58.13M-0.98%
2019-09-30$58.70M1.03%
2019-06-30$58.10M1.54%
2019-03-31$57.22M-4.21%
2018-12-31$59.73M0.94%
2018-09-30$59.18M15.32%
2018-06-30$51.32M6.06%
2018-03-31$48.38M4.69%
2017-12-31$46.22M6.53%
2017-09-30$43.38M-3.25%
2017-06-30$44.84M10.74%
2017-03-31$40.49M-1.81%
2016-12-31$41.24M-5.13%
2016-09-30$43.47M9.61%
2016-06-30$39.66M-0.22%
2016-03-31$39.75M-0.71%
2015-12-31$40.03M-3.50%
2015-09-30$41.48M5.42%
2015-06-30$39.35M-4.07%
2015-03-31$41.02M0.84%
2014-12-31$40.68M4.86%
2014-09-30$38.79M16.35%
2014-06-30$33.34M75.10%
2014-03-31$19.04M-5.10%
2013-12-31$20.06M-0.50%
2013-09-30$20.16M10.34%
2013-06-30$18.27M-0.79%
2013-03-31$18.42M5.79%
2012-12-31$17.41M-0.41%
2012-09-30$17.48M-4.33%
2012-06-30$18.27M-1.76%
2012-03-31$18.60M-4.06%
2011-12-31$19.39M6.77%
2011-09-30$18.16M-4.46%
2011-06-30$19.01M-0.35%
2011-03-31$19.07M-3.67%
2010-12-31$19.80M30.67%
2010-09-30$15.15M17.45%
2010-06-30$12.90M0.63%
2010-03-31$12.82M-1.42%
2009-12-31$13.01M2.94%
2009-09-30$12.63M0.21%
2009-06-30$12.61M4.06%
2009-03-31$12.12M0.24%
2008-12-31$12.09M-0.17%
2008-09-30$12.11M3.81%
2008-06-30$11.66M3.12%
2008-03-31$11.31M0.43%
2007-12-31$11.26M-

Heritage Financial generated $81.65M in revenue during Q3 2024, up -0.21% compared to the previous quarter, and up 129.39% compared to the same period a year ago.

Heritage Financial Revenue Breakdown

Heritage Financial Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23
Credit and Debit Card$8.34M
Deposit Account$10.97M

Heritage Financial's latest annual revenue breakdown by segment (product or service), as of Dec 23: Deposit Account (56.80%), and Credit and Debit Card (43.20%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23
Credit and Debit Card$2.13M$1.93M$1.84M$3.94M$2.27M$2.12M
Deposit Account$2.79M$2.82M$2.79M$5.43M$2.86M$2.68M

Heritage Financial's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Deposit Account (56.64%), and Credit and Debit Card (43.36%).

Heritage Financial Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
HTLFHeartland Financial USA$953.80M$272.41M
INDBIndependent Bank$795.73M$243.72M
HBNCHorizon Bancorp$324.30M$90.89M
HFWAHeritage Financial$303.13M$81.65M
GSBCGreat Southern Bancorp$46.29M$91.36M
HTBKHeritage Commerce$9.00K$2.24K

HFWA Revenue FAQ

What is Heritage Financial’s yearly revenue?

Heritage Financial's yearly revenue for 2023 was $303.13M, representing an increase of 21.75% compared to 2022. The company's yearly revenue for 2022 was $248.98M, representing an increase of 3.57% compared to 2021. HFWA's yearly revenue for 2021 was $240.4M, representing an increase of 0.91% compared to 2020.

What is Heritage Financial’s quarterly revenue?

Heritage Financial's quarterly revenue for Q3 2024 was $81.65M, a -0.21% decrease from the previous quarter (Q2 2024), and a 31.94% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $81.83M, a 14.52% increase from the previous quarter (Q1 2024), and a 29.67% increase year-over-year (Q2 2023). HFWA's quarterly revenue for Q1 2024 was $71.45M, a 0.48% increase from the previous quarter (Q4 2023), and a 4.92% increase year-over-year (Q1 2023).

What is Heritage Financial’s revenue growth rate?

Heritage Financial's revenue growth rate for the last 3 years (2021-2023) was 26.09%, and for the last 5 years (2019-2023) was 30.58%.

What are Heritage Financial’s revenue streams?

Heritage Financial's revenue streams in c 23 are Credit and Debit Card, and Deposit Account. Credit and Debit Card generated $8.34M in revenue, accounting 43.20% of the company's total revenue Deposit Account generated $10.97M in revenue, accounting 56.80% of the company's total revenue

What is Heritage Financial’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Heritage Financial was Deposit Account. This segment made a revenue of $10.97M, representing 56.80% of the company's total revenue.