Heritage Financial
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Heritage Financial's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 4% to $239,538,000. Profit margin reached 26%. Total operating expenses were $243,818,000.
Profit Margin
| 2014 | 131.84M | 21.01M | 15.94% |
|---|---|---|---|
| 2015 | 161.88M | 37.48M | 23.16% |
| 2016 | 164.12M | 38.91M | 23.71% |
| 2017 | 174.94M | 41.79M | 23.89% |
| 2018 | 218.61M | 53.05M | 24.27% |
| 2019 | 232.14M | 67.55M | 29.1% |
| 2020 | 238.22M | 46.57M | 19.55% |
| 2021 | 240.40M | 98.03M | 40.78% |
| 2022 | 248.97M | 81.87M | 32.88% |
| 2023 | 239.53M | 61.75M | 25.78% |
HFWA Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 239.53M | 248.97M | 240.40M | 238.22M | 232.14M | 218.61M | 174.94M | 164.12M | 161.88M | 131.84M |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 239.53M | 248.97M | 240.40M | 238.22M | 232.14M | 218.61M | 174.94M | 164.12M | 161.88M | 131.84M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 1.93M | 1.64M | 2.14M | 3.1M | 3.48M | 3.22M | 2.94M | 2.83M | 3.06M | 2.50M |
Total operating expenses | 243.81M | 37.77M | 38.26M | 34.56M | 33.36M | -154.31M | 27.71M | 26.35M | 102.26M | 99.37M |
Operating income | 72.91M | 99.43M | 120.50M | 53.18M | 81.04M | 64.29M | 60.14M | 52.72M | 51.30M | 27.91M |
Other income (expenses), net | 0 | 99.43M | 120.50M | -13.23M | 81.04M | 64.29M | -15.01M | 52.72M | -13.98M | -24.46M |
Income before tax | 72.91M | 99.43M | 120.50M | 53.18M | 81.04M | 64.29M | 60.14M | 52.72M | 51.30M | 27.91M |
Income tax expense | 11.16M | 17.56M | 22.47M | 6.61M | 13.48M | 11.23M | 18.35M | 13.80M | 13.81M | 6.90M |
Net income | 61.75M | 81.87M | 98.03M | 46.57M | 67.55M | 53.05M | 41.79M | 38.91M | 37.48M | 21.01M |
Earnings per share | ||||||||||
Basic EPS | 1.76 | 2.33 | 2.75 | 1.29 | 1.84 | 1.51 | 1.29 | 1.3 | 1.25 | 0.82 |
Diluted EPS | 1.75 | 2.31 | 2.73 | 1.29 | 1.83 | 1.5 | 1.29 | 1.3 | 1.25 | 0.82 |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |