Heritage Financial Corporation (HFWA)

Return on equity (ROE)

Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 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
Net income (ttm) US$ in thousands 57,223 49,477 51,421 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
Total stockholders’ equity US$ in thousands 904,064 888,212 881,515 863,527 874,514 850,507 847,580 853,261 813,546 819,733 826,082 797,893 776,702 805,366 821,449 854,432 848,404 855,984 827,151 820,439
ROE 6.33% 5.57% 5.83% 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%

September 30, 2025 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $57,223K ÷ $904,064K
= 6.33%