← HERITAGE FINANCIAL CORP /WA/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $38.9m |
$41.8m
+7.38%
|
$53.1m
+26.96%
|
$67.6m
+27.33%
|
$46.6m
-31.07%
|
$98.0m
+110.51%
|
$81.9m
-16.48%
|
$61.8m
-24.57%
|
$43.3m
-29.95%
|
$67.5m
+56.11%
|
— | |
| Depreciation, Amortization and Accretion, Net | $12.7m | $10.7m | $9.8m | $8.2m | ($3.6m) | ($21.7m) | $341k | $3.2m | $1.6m | $956k | $3.5m | |
| Amortization of Intangible Assets | $1.4m | $1.3m | $3.8m | $4.0m | $3.5m | $3.1m | $2.8m | $2.4m | $1.6m | $1.2m | — | |
| Depreciation | $3.9m | $3.9m | $4.4m | $4.7m | $5.5m | $5.3m | $5.4m | $6.3m | $6.6m | $5.8m | ($2.1m) | |
| Deferred Income Tax Expense (Benefit) | $6.9m | $6.2m | $1.4m | $984k | ($8.6m) | $1.6m | $871k | ($13.2m) | ($15.3m) | ($17.9m) | ($29.9m) | |
| Share-based Payment Arrangement, Noncash Expense | $0 | — | — | — | — | — | — | — | — | — | $5.3m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | $655k | $160k | — | — | — | — | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | — | ($4.7m) | ($7.0m) | ($1.5m) | — | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | — | — | $4.4m | $469k | $2k | $1.6m | $8k | — | |
| Net Cash Provided by (Used in) Operating Activities | $54.0m |
$73.5m
+36.19%
|
$82.4m
+12.15%
|
$87.6m
+6.27%
|
$70.3m
-19.73%
|
$69.5m
-1.14%
|
$94.5m
+35.85%
|
$109.5m
+15.95%
|
$64.5m
-41.12%
|
$94.8m
+47.04%
|
$90.1m
-4.97%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | $75k | ($88k) | — | — | $0 | $1.5m | $0 | $217k | |
| Payments to Acquire Property, Plant, and Equipment | $6.7m | $3.1m | $23.3m | $13.0m | $7.0m | $3.0m | $4.0m | $10.4m | $3.5m | $9.2m | ($9.7m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $129.4m | $98.9m | $92.6m | $242.3m | $264.2m | $254.7m | $181.5m | $178.9m | $130.5m | $125.3m | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | $330k | $1.5m | $29k | ($256k) | ($12.2m) | ($22.7m) | ($10.7m) | — | |
| Debt Securities, Realized Gain (Loss) | — | — | — | — | — | — | — | ($12.2m) | ($22.7m) | ($10.7m) | — | |
| Gain (Loss) on Sale of Investments | $1.3m | $6k | $137k | $330k | $1.5m | $29k | ($256k) | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($252.9m) | ($241.4m) | ($101.6m) | ($120.4m) | ($538.5m) | $163.8m | ($1.2b) | ($93.4m) | ($85.9m) | $186.8m | $137.3m | |
| Cash flows from financing activities: | ||||||||||||
| Debt and Equity Securities, Realized Gain (Loss) | — | — | — | $330k | $1.5m | $29k | ($256k) | ($12.2m) | ($22.7m) | ($10.7m) | — | |
| Payments for Repurchase of Common Stock | $2.9m | $737k | $1.7m | $8.6m | $19.1m | $22.9m | $3.2m | $7.0m | $22.4m | $5.5m | — | |
| Payments of Ordinary Dividends, Common Stock | $21.6m | $18.3m | $25.8m | $30.9m | $28.9m | $28.9m | $29.5m | $30.8m | $31.8m | $32.6m | ($34.3m) | |
| Other Interest and Dividend Income | $280k | $710k | $1.6m | $1.9m | $703k | $1.6m | $9.1m | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $176.1m |
$167.2m
-5.06%
|
$78.1m
-53.29%
|
$99.5m
+27.39%
|
$983.0m
+888.21%
|
$746.7m
-24.04%
|
($506.4m)
-167.82%
|
$105.3m
+120.80%
|
($86.5m)
-182.10%
|
($165.6m)
-91.53%
|
($277.1m)
-67.37%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($730k) | — | — | $514.8m | $980.0m | ($1.6b) | $121.4m | ($107.9m) | $116.0m | $204.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $743.3m | $1.7b | $103.6m | $225.0m | $117.1m | $233.1m | $204.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | — | — | — | — | $36.1m | $27.3m | ($1.4m) | $4.3m | $6.3m | $2.0m | ($990k) | |
| Bank Owned Life Insurance Income | $1.5m | $1.4m | $1.8m | $2.2m | $4.3m | $2.5m | $3.7m | $2.9m | $3.0m | $4.4m | — | |
| Gain (Loss) on Sales of Loans, Net | $7.0m | $7.7m | $2.8m | $2.4m | $5.0m | $3.6m | $633k | $343k | $26k | $0 | — | |
| Proceeds from Stock Options Exercised | $540k | $164k | $133k | $58k | $122k | $0 | $0 | — | — | — | — | |
| Parent Company | $21.6m | $18.3m | $25.8m | $30.9m | $28.9m | $28.9m | $29.5m | $30.8m | $31.8m | $32.6m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $6.0m | $8.4m | $12.4m | $17.9m | $13.1m | $6.8m | $7.7m | $46.1m | $112.2m | $90.1m | — | |
| Income Taxes Paid, Net | $11.5m | $2.0m | $5.6m | $7.5m | $13.4m | $9.9m | $5.0m | $3.0m | $1.5m | $2.7m | — | |
| Additional Financial Items | ||||||||||||
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | — | — | — | — | — | $610k | $0 | $0 | — | |
| Gain (Loss) on Sale of Mortgage Loans | — | — | — | — | — | — | ($633k) | $343k | $26k | $0 | — | |
| Gains (Losses) on Sales of Credit Card Portfolio | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Goodwill | $119.0m | $119.0m | $240.9m | $240.9m | $240.9m | $240.9m | $240.9m | $240.9m | $240.9m | $240.9m | — | |
| Income Tax Expense (Benefit) | $13.8m | $18.4m | $11.0m | $13.5m | $6.6m | $22.5m | $17.6m | $11.2m | $9.0m | $11.1m | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | ($29.4m) | — | $4.3m | $6.3m | $2.0m | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | — | — | — | $0 | $0 | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.