Heritage Financial (HFWA) reported $57.59 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 18.4%. EPS of $0.49 for the same period compares to $0.40 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $61.1 million, representing a surprise of -5.74%. The company delivered an EPS surprise of +6.52%, with the consensus EPS estimate being $0.46.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Heritage Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Interest Margin: 3.4% versus 3.4% estimated by three analysts on average.
- Efficiency Ratio: 71.9% versus 67.6% estimated by three analysts on average.
- Total Nonperforming Assets: $4.44 million versus the two-analyst average estimate of $7.35 million.
- Total Nonaccrual Loans: $4.44 million versus the two-analyst average estimate of $7.35 million.
- Average Balance - Total interest earning assets: $6.33 billion versus $6.35 billion estimated by two analysts on average.
- Net charge-offs (recoveries) on loans to average loans receivable, net: 0% versus 0.1% estimated by two analysts on average.
- Total Noninterest Income: $3.90 million versus $7.39 million estimated by three analysts on average.
- Net Interest Income: $53.69 million versus $53.70 million estimated by three analysts on average.
View all Key Company Metrics for Heritage Financial here>>>
Shares of Heritage Financial have returned -4.9% over the past month versus the Zacks S&P 500 composite's -5.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Heritage Financial Corporation (HFWA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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