Heritage Financial Corporation (NASDAQ:HFWA) — Market Cap & Net Worth

$1.02 Billion USD  · Rank #9007

Market Cap & Net Worth: Heritage Financial Corporation (HFWA)

Heritage Financial Corporation (NASDAQ:HFWA) has a market capitalization of $1.02 Billion ($1.02 Billion) as of May 4, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #9007 globally and #2412 in its home market, demonstrating a -0.32% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Heritage Financial Corporation's stock price $27.61 by its total outstanding shares 41131100 (41.13 Million). Analyse HFWA cash generation efficiency to see how efficiently the company converts income to cash.

Heritage Financial Corporation Market Cap History: 2015 to 2026

Heritage Financial Corporation's market capitalization history from 2015 to 2026. Data shows growth from $572.25 Million to $1.14 Billion (6.72% CAGR).

Index Memberships

Heritage Financial Corporation is a constituent of 2 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
NASDAQ Composite
IXIC
$38.77 Trillion 0.00% #926 of 3165
S&P Small-Cap 600 Index
SML
$1.54 Trillion 0.06% #466 of 602

Weight: Heritage Financial Corporation's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Heritage Financial Corporation Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Heritage Financial Corporation's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

2.90x

Heritage Financial Corporation's market cap is 2.90 times its annual revenue

Industry average: 1.01x Higher than industry average

Latest Price to Earnings (P/E) Ratio

14.40x

Heritage Financial Corporation's market cap is 14.40 times its annual earnings

Industry average: 4.82x Higher than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $814.31 Million $170.13 Million $38.92 Million 4.79x 20.92x
2017 $995.76 Million $183.29 Million $41.79 Million 5.43x 23.83x
2018 $982.50 Million $231.02 Million $53.06 Million 4.25x 18.52x
2019 $959.28 Million $250.31 Million $67.56 Million 3.83x 14.20x
2020 $824.37 Million $251.55 Million $46.57 Million 3.28x 17.70x
2021 $889.33 Million $247.45 Million $98.03 Million 3.59x 9.07x
2022 $1.15 Billion $257.05 Million $81.88 Million 4.47x 14.05x
2023 $840.88 Million $303.13 Million $61.76 Million 2.77x 13.62x
2024 $1.01 Billion $317.19 Million $43.26 Million 3.18x 23.30x
2025 $972.75 Million $335.97 Million $67.53 Million 2.90x 14.40x

Competitor Companies of HFWA by Market Capitalization

Companies near Heritage Financial Corporation in the global market cap rankings as of May 4, 2026.

Key companies related to Heritage Financial Corporation by market ranking:

  • HDFC Bank Limited (F:HDFA): Ranked #179 globally with a market cap of $128.33 Billion USD ( €109.77 Billion EUR).
  • China Merchants Bank Co Ltd (SHG:600036): Ranked #204 globally with a market cap of $115.52 Billion USD ( CN¥789.47 Billion CNY).
  • UNICREDIT S.P.A. ADR (F:CRIP): Ranked #207 globally with a market cap of $112.81 Billion USD ( €96.49 Billion EUR).
  • DBS GROUP ADR/4 SD 1 (F:DEV): Ranked #219 globally with a market cap of $109.87 Billion USD ( €93.97 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#179 HDFC Bank Limited F:HDFA $128.33 Billion €21.40
#204 China Merchants Bank Co Ltd SHG:600036 $115.52 Billion CN¥38.27
#207 UNICREDIT S.P.A. ADR F:CRIP $112.81 Billion €32.20
#219 DBS GROUP ADR/4 SD 1 F:DEV $109.87 Billion €152.00

Heritage Financial Corporation Historical Marketcap From 2015 to 2026

Between 2015 and today, Heritage Financial Corporation's market cap moved from $572.25 Million to $ 1.14 Billion, with a yearly change of 6.72%.

Year Market Cap Change (%)
2026 $1.14 Billion +16.74%
2025 $972.75 Million -3.47%
2024 $1.01 Billion +19.84%
2023 $840.88 Million -26.89%
2022 $1.15 Billion +29.33%
2021 $889.33 Million +7.88%
2020 $824.37 Million -14.06%
2019 $959.28 Million -2.36%
2018 $982.50 Million -1.33%
2017 $995.76 Million +22.28%
2016 $814.31 Million +42.30%
2015 $572.25 Million --

End of Day Market Cap According to Different Sources

On May 3rd, 2026 the market cap of Heritage Financial Corporation was reported to be:

Source Market Cap
Yahoo Finance $1.02 Billion USD
MoneyControl $1.02 Billion USD
MarketWatch $1.02 Billion USD
marketcap.company $1.02 Billion USD
Reuters $1.02 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Heritage Financial Corporation

NASDAQ:HFWA USA Banks - Regional
Market Cap
$1.14 Billion
Market Cap Rank
#9007 Global
#2412 in USA
Share Price
$27.61
Change (1 day)
+0.33%
52-Week Range
$21.47 - $28.38
All Time High
$31.15
About

Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and its owners in the United States. It accepts various deposit products, such as noninterest demand deposits, interest bearing demand deposits, money market accounts, savings accounts, personal checking accounts, and certificates of d… Read more