Heritage Financial Cash Flow Statement
NASDAQ: HFWAFinanceBanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Heritage Financial free cash flow
In fiscal 2025, Heritage Financial generated $94.8 million of operating cash flow and spent $9.2 million on capital expenditures. That left free cash flow of $85.7 million, a free-cash-flow margin of 34.8% of revenue. Free cash flow was up 40.4% from the prior year's $61.0 million.
Heritage Financial returned $38.2 million to shareholders: $32.6 million in dividends and $5.5 million in share repurchases, equal to 45% of free cash flow. Free cash flow covered dividend payments 2.6 times.
Summary generated from market data by MetaCap's automated system. Methodology
Heritage Financial cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 67.53M | 43.26M | 61.76M | 81.88M | 98.03M | 46.57M | 67.56M | 53.06M | 41.79M | 38.92M |
| Net Income growth (YoY) | +56.11% | -29.95% | -24.57% | -16.48% | +110.51% | -31.07% | +27.33% | +26.96% | +7.38% | +3.81% |
| Depreciation & Amortization | 956.00K | 1.59M | 3.17M | 341.00K | -21.74M | -3.61M | 14.11M | 17.62M | 10.70M | 12.71M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — | — | 0 |
| Operating Cash Flow | 94.82M | 64.48M | 109.52M | 94.46M | 69.53M | 70.33M | 92.49M | 90.41M | 73.51M | 53.98M |
| Capital Expenditures | -9.16M | -3.46M | -10.38M | -4.02M | -3.02M | -7.00M | -13.04M | -23.27M | -3.06M | -6.72M |
| Investing Cash Flow | 186.75M | -85.90M | -93.45M | -1.21B | 163.76M | -538.55M | -125.30M | -109.60M | -241.39M | -252.93M |
| Dividends Paid | -32.65M | -31.78M | -30.82M | -29.49M | -28.94M | -28.86M | -30.91M | -25.79M | -18.30M | -21.57M |
| Share Repurchases | -5.52M | -22.42M | -6.97M | -3.20M | -22.89M | -19.12M | -8.64M | -1.70M | -737.00K | -2.89M |
| Debt Repaid | — | — | — | -50.05M | 0 | -64.00M | -445.80M | -663.45M | -750.45M | -581.30M |
| Financing Cash Flow | -165.58M | -86.45M | 105.31M | -506.38M | 746.68M | 982.97M | 99.47M | 78.08M | 167.15M | 176.05M |
| Net Change in Cash | 115.99M | -107.87M | 121.38M | -1.62B | 979.97M | 514.75M | 66.66M | 58.90M | -730.00K | -22.89M |
| Free Cash Flow | 85.66M | 61.02M | 99.15M | 90.44M | 66.51M | 63.33M | 79.45M | 67.15M | 70.45M | 47.26M |
This table shows 10 annual periods of Heritage Financial's cash flow statement, from FY 2025 back to FY 2016, across 12 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow HFWA's reporting calendar. What is a cash flow statement?