Earnings Summary

HERITAGE FINANCIAL CORP’s revenue jumped 22.74% since last year same period to $68.1Mn in the Q1 2023. On a quarterly growth basis, HERITAGE FINANCIAL CORP has generated -2.28% fall in its revenue since last 3-months.

HERITAGE FINANCIAL CORP’s net profit jumped 3.54% since last year same period to $20.46Mn in the Q1 2023. On a quarterly growth basis, HERITAGE FINANCIAL CORP has generated -9.26% fall in its net profits since last 3-months.

HERITAGE FINANCIAL CORP’s net profit margin fell -15.64% since last year same period to 30.04% in the Q1 2023. On a quarterly growth basis, HERITAGE FINANCIAL CORP has generated -7.14% fall in its net profit margins since last 3-months.

HERITAGE FINANCIAL CORP’s price-to-earnings ratio after this Q1 2023 earnings stands at 7.15.

HERITAGE FINANCIAL CORP’s earning per share (EPS) estimates for the current quarter stand at 0.64 - a 25.49% jump from last quarter’s estimates.

HERITAGE FINANCIAL CORP’s earning per share (EPS) estimates for the current year stand at 0.64.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. HERITAGE FINANCIAL CORP’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. HERITAGE FINANCIAL CORP’s return on equity (ROE) stands at 0.1.

HERITAGE FINANCIAL CORP declared 0.22 dividend per share during the earnings announcement for Q1 2023.