Flagstar Bank N.A. (FLG) vs Heritage Financial (HFWA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Heritage Financial (HFWA) has outperformed Flagstar Bank N.A. (FLG) over the past year, gaining 15.5% versus a loss of 5.1%. Over five years, HFWA leads with a +11.2% price change compared with -72.7% for FLG. Flagstar Bank N.A. is the larger company by market cap ($4.71 billion vs $1.13 billion), about 4.2 times the size.
On valuation, Flagstar Bank N.A. trades at a lower forward P/E (9.4x vs 10.5x for Heritage Financial). Heritage Financial offers the higher dividend yield (3.48% vs 0.35%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FLG | HFWA |
|---|---|---|
| Share price | $11.35 | $27.57 |
| Market cap | $4.71B | $1.13B |
| 1-day change | +0.44% | +1.21% |
| YTD return | -9.85% | +16.58% |
| 1-year return | -5.10% | +15.45% |
| 5-year return | -72.68% | +11.17% |
| P/E ratio (TTM) | 378.33 | 13.13 |
| Forward P/E | 9.36 | 10.46 |
| EPS (TTM) | $0.03 | $2.10 |
| Dividend yield | 0.35% | 3.48% |
| Annual dividend | $0.04 | $0.96 |
| Revenue (latest FY) | $2.06B | — |
| Revenue growth (YoY) | -19.20% | — |
| Net income (latest FY) | $-177.00M | — |
| Net margin | -8.58% | — |
| 52-week high | $15.44 | $31.25 |
| 52-week low | $10.57 | $21.32 |
| Distance from 52-week high | -26.49% | -11.78% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +38.85% | +17.52% |
| Average volume | 4.62M | 404.22K |
| Shares outstanding | 415.09M | 40.92M |
| Employees | 5,631 | 976 |
| Sector | Finance | Finance |
| Industry | Banks | Banks |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Flagstar Bank N.A. is about 4.2 times larger than Heritage Financial by market value ($4.71B vs $1.13B).
- HFWA has outperformed FLG by 20.6 percentage points over the past year.
- Flagstar Bank N.A. trades at a higher earnings multiple (378.3x vs 13.1x trailing P/E).
- Heritage Financial offers a meaningfully higher dividend yield (3.48% vs 0.35%).
About Flagstar Bank N.A.
FLG stock →Flagstar Bank, National Association provides banking products and services in the United States. The company's deposit products include interest-bearing checking and money market, savings, and non-interest-bearing accounts, as well as certificates of deposit.
Finance · Banks · 5,631 employees
About Heritage Financial
HFWA stock →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 deposit.
Finance · Banks · 976 employees
FLG vs HFWA FAQ
Which is bigger, Flagstar Bank N.A. or Heritage Financial?
Flagstar Bank N.A. (FLG) is larger, with a market capitalization of $4.71B compared with $1.13B for Heritage Financial (HFWA).
Which stock has performed better over the past year, FLG or HFWA?
HFWA returned +15.45% over the past 12 months, compared with -5.10% for FLG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FLG or HFWA?
HFWA has the lower trailing P/E at 13.1, versus 378.3 for FLG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Flagstar Bank N.A. or Heritage Financial?
Heritage Financial has the higher yield at 3.48%, compared with 0.35% for Flagstar Bank N.A..
Are Flagstar Bank N.A. and Heritage Financial in the same industry?
Yes. Both are classified in the Banks industry within the Finance sector.