Heritage Bank

Heritage Bank has been creating financial solutions for the needs of our neighbors since 1927. We are known as the "quality bank"​ because our staff works together as a team, focused on building lasting relationships to help customers reach their financial goals. We are dedicated to exceeding customers'​ expectations. Combine this with a devoted focus on giving back to the communities through contributions and staff volunteer efforts, and you have exactly what customers and communities deserve from their local bank. At Heritage Bank, you'll receive the personal attention you deserve. YOUR SUCCESS IS OUR VISION.

Olympia, US
Size (employees)
760 (est)+6%
Heritage Bank was founded in 1927 and is headquartered in Olympia, US

Heritage Bank Office Locations

Heritage Bank has an office in Olympia
Olympia, US (HQ)
201 5th Ave Sw

Heritage Bank Data and Metrics

Heritage Bank Financial Metrics

Heritage Bank's revenue was reported to be $170.1 m in 2016
Numbers are in $, USD

Revenue (Y, 2016)

170.1 m

Revenue growth (Y, 2015 - Y, 2016), %


Gross profit (Y, 2016)

164.1 m

Gross profit margin (Y, 2016), %


Net income (Y, 2016)

38.9 m

EBIT (Y, 2016)

127.6 m

Market capitalization (26-May-2017)

713.7 m

Closing share price (26-May-2017)


Cash (31-Dec-2016)

103.7 m
Heritage Bank's current market capitalization is $713.7 m.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015Y, 2016


71.4 m121.1 m135.7 m170.1 m

Revenue growth, %


Cost of goods sold

6.1 m6 m

Gross profit

129.6 m164.1 m

Gross profit Margin, %


Operating expense total

106.2 m106.5 m


125.2 m127.6 m

EBIT margin, %


Pre tax profit

51.3 m52.7 m

Income tax expense

13.8 m13.8 m

Net Income

9.6 m21 m37.5 m38.9 m
Numbers are in $, USDFY, 2013FY, 2015FY, 2016


126.6 m103.7 m

Accounts Receivable

10.5 m10.9 m



61.9 m63.9 m


119 m119 m

Total Assets

3.7 b3.9 b

Accounts Payable

Retained Earnings

108 m125.3 m

Total Equity

470 m481.8 m

Financial Leverage

7.8 x8.1 x
Numbers are in $, USDFY, 2013FY, 2015FY, 2016

Net Income

9.6 m37.5 m38.9 m

Depreciation and Amortization

2.1 m1.4 m

Accounts Receivable

5.5 m


Accounts Payable

Cash From Operating Activities

51.4 m54 m

Purchases of PP&E

(292.3 m)(274.4 m)

Cash From Investing Activities

(216.6 m)(252.9 m)

Cash From Financing Activities

170.2 m176.1 m

Interest Paid

6.3 m6 m

Income Taxes Paid

15.3 m11.5 m
Numbers are in $, USDY, 2016


237.3 k

Financial Leverage

8.1 x

Heritage Bank Market Value History

Heritage Bank Online and Social Media Presence

Heritage Bank News and Updates

Heritage Bank Company Life and Culture

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