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.

Company Growth (employees)
Type
Public
HQ
Olympia, US
Founded
1927
Size (employees)
760 (est)
Website
hf-wa.com
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 Financials and Metrics

Heritage Bank Financials

Heritage Bank's revenue was reported to be $170.1 m in FY, 2016 which is a 25% increase from the previous period.
USD

Revenue (FY, 2016)

170.1 m

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

25%

Gross profit (FY, 2016)

164.1 m

Gross profit margin (FY, 2016), %

96%

Net income (FY, 2016)

38.9 m

EBIT (FY, 2016)

127.6 m

Market capitalization (13-Nov-2017)

883.8 m
Heritage Bank's current market capitalization is $883.8 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

71.4 m121.1 m135.7 m170.1 m

Revenue growth, %

70%12%25%

Cost of goods sold

6.1 m6 m

Gross profit

129.6 m164.1 m
USDFY, 2015FY, 2016

Cash

126.6 m103.7 m

Accounts Receivable

10.5 m101.7 m

PP&E

61.9 m63.9 m

Goodwill

119 m119 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017
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

Cash From Operating Activities

51.4 m54 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

6.7 m13.8 m9.8 m18.5 m28 m9.1 m18 m

Accounts Receivable

5.7 m5.2 m9.3 m10 m10.1 m
Show all financial metrics

Heritage Bank Operating Metrics

Heritage Bank's Total Loans Issued was reported to be $2.7 b in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

666763

Total Loans Issued

$2.22 b$2.26 b$2.32 b$2.38 b$2.37 b$2.43 b$2.5 b$2.55 b$2.61 b$2.63 b$2.72 b

Non-accrual Loans

$11.57 m$9.91 m$9.67 m$12.35 m$13.86 m$11.54 m$10.91 m$10.88 m$10.97 m
Show all operating metrics

Heritage Bank Market Value History

Heritage Bank's Web-traffic and Trends

Heritage Bank Online and Social Media Presence

Heritage Bank Company Life and Culture

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