Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | $38.9M | $41.8M | $53.1M | $67.6M | $46.6M | $98.0M | $81.9M | $61.8M | $43.3M | $67.5M |
| EPS (diluted) | $1.30 | $1.39 | $1.49 | $1.83 | $1.29 | $2.73 | $2.31 | $1.75 | $1.24 | $1.96 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $54.0M | $73.5M | $90.4M | $92.5M | $70.3M | $69.5M | $94.5M | $110M | $64.5M | $94.8M |
| Capital expenditures | $6.72M | $3.06M | $23.3M | $13.0M | $7.00M | $3.02M | $4.02M | $10.4M | $3.46M | $9.16M |
| Free cash flow | $47.3M | $70.5M | $67.1M | $79.4M | $63.3M | $66.5M | $90.4M | $99.1M | $61.0M | $85.7M |
| Share buybacks | $2.89M | $737K | $1.70M | $8.64M | $19.1M | $22.9M | $3.20M | $6.97M | $22.4M | $5.52M |
| Dividends paid | $21.6M | $18.3M | $25.8M | $30.9M | $28.9M | $28.9M | $29.5M | $30.8M | $31.8M | $32.6M |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $104M | $103M | $162M | $229M | $743M | $1.72B | $104M | $225M | $117M | $233M |
| Total assets | $3.88B | $4.11B | $5.32B | $5.55B | $6.62B | $7.43B | $6.98B | $7.17B | $7.11B | $6.97B |
| Total liabilities | $3.40B | $3.60B | $4.56B | $4.74B | $5.79B | $6.58B | $6.18B | $6.32B | $6.24B | $6.05B |
| Shareholders' equity | $482M | $508M | $761M | $809M | $820M | $854M | $798M | $853M | $864M | $922M |
| Retained earnings | $125M | $149M | $176M | $212M | $224M | $293M | $345M | $376M | $387M | $422M |
| Shares (wtd avg diluted) | 29.7M | 29.8M | 35.4M | 37.0M | 36.2M | 36.0M | 35.5M | 35.3M | 34.9M | 34.5M |
Every figure is extracted from HERITAGE FINANCIAL CORP /WA/’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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