Heritage Financial Corporation (HFWA)
Return on equity (ROE)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 43,258 | 37,563 | 44,359 | 47,046 | 61,755 | 78,066 | 80,837 | 82,575 | 81,875 | 78,728 | 78,330 | 92,448 | 98,035 | 102,520 | 98,564 | 59,723 | 46,570 | 39,814 | 41,073 | 63,196 |
| Total stockholders’ equity | US$ in thousands | 863,527 | 874,514 | 850,507 | 847,580 | 853,261 | 813,546 | 819,733 | 826,082 | 797,893 | 776,702 | 805,366 | 821,449 | 854,432 | 848,404 | 855,984 | 827,151 | 820,439 | 803,129 | 793,652 | 798,438 |
| ROE | 5.01% | 4.30% | 5.22% | 5.55% | 7.24% | 9.60% | 9.86% | 10.00% | 10.26% | 10.14% | 9.73% | 11.25% | 11.47% | 12.08% | 11.51% | 7.22% | 5.68% | 4.96% | 5.18% | 7.91% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $43,258K ÷ $863,527K
= 5.01%
The return on equity (ROE) of Heritage Financial Corporation fluctuated over the period from March 31, 2020, to December 31, 2024. ROE started at 7.91% in March 2020 and experienced a decline reaching 4.96% by September 2020. However, it showed fluctuations with some periods of growth, peaking at 12.08% in September 2021. Thereafter, the ROE generally stayed within the range of 9%-11% until March 31, 2023, when it started to decline again. By December 31, 2024, the ROE had decreased to 5.01%.
Overall, Heritage Financial Corporation's ROE exhibited variations over time, indicating fluctuations in the company's profitability in relation to shareholders' equity. It is important for stakeholders to monitor these fluctuations and understand the underlying factors impacting the company's financial performance.