Filing Flows › Heritage Financial (HFWA) › How it makes money
How Heritage Financial (HFWA) makes money
Heritage Financial (HFWA) made $86.5M of revenue in the third quarter 2026 (Q3 2026), +32% from a year earlier. Net interest income brought in $77.3M (89%); Noninterest income brought in $9.3M (11%). Of every dollar of revenue, 26¢ was left as operating profit, 22¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Net interest income | $77.3M | 89.3% | +3% | +35% |
| Noninterest income | $9.3M | 10.7% | -0.6% | +11% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $86.5M | 100.0% |
| Operating profit | $22.3M | 25.8% |
| Income tax | $3.6M | 4.1% |
| Net earnings | $18.7M | 21.6% |
| Operating cash flow | $30.5M | 35.2% |
| Free cash flow | $28.4M | 32.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $86.5M | +32% |
From Heritage Financial's 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does Heritage Financial make money?
Heritage Financial (HFWA) made $86.5M of revenue in the third quarter 2026 (Q3 2026), +32% from a year earlier. Net interest income brought in $77.3M (89%); Noninterest income brought in $9.3M (11%). Of every dollar of revenue, 26¢ was left as operating profit, 22¢ was left as net earnings.
What is Heritage Financial's biggest business?
Net interest income: $77.3M in the third quarter 2026, 89% of revenue, +35% from a year earlier.
What is Heritage Financial's profit margin?
Net earnings were $18.7M, 21.6% of revenue, in the third quarter 2026; the operating margin was 25.8%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.