Brian Vance - Heritage Financial Chairman
| HFWA Stock | USD 18.71 0.37 1.94% |
Chairman
Mr. Brian L. Vance is Executive Chairman of the Board of the Company. He is the Chief Executive Officer of Heritage. A CEO Transition announcement was made on July 9, 2018 in connection with Heritage succession planning. Prior to the succession announcement, Mr. Vance was President and Chief Executive Officer of Heritage and Chief Executive Officer of Heritage Bank, positions he has held since 2006 and 2003, respectively. He served as President and Chief Executive Officer of Heritage Bank from 2003 until September 2012, when Jeffrey J. Deuel was promoted to President. Mr. Vance served as President and Chief Operating Officer of Heritage Bank from 1998 until 2003. Mr. Vance joined Heritage Bank in 1996 as its Executive Vice President and Chief Credit Officer. Prior to joining Heritage Bank, Mr. Vance was employed for 24 years with West One Bank, a bank with offices in Idaho, Utah, Oregon and Washington. Prior to leaving West One, he was Senior Vice President and Regional Manager of Banking Operations for the south Puget Sound region. Mr. Vance serves as a director of the Pacific Bankers Management Institute and the Community Foundation of South Puget Sound. He also serves on the Western Independent Bankers Advisory Committee. He is the past President of the Washington Financial League and formerly served as a trustee for the South Puget Sound Community College. Mr. Vances experience with the financial services industry, which includes credit administration, management and strategic forecasting, brings valuable management and financial analysis skills to the Board. since 2019.
| Age | 70 |
| Tenure | 5 years |
| Address | 201 Fifth Avenue SW, Olympia, WA, United States, 98501 |
| Phone | 360 943 1500 |
| Web | https://www.hf-wa.com |
Brian Vance Latest Insider Activity
Tracking and analyzing the buying and selling activities of Brian Vance against Heritage Financial stock is an integral part of due diligence when investing in Heritage Financial. Brian Vance insider activity provides valuable insight into whether Heritage Financial is net buyers or sellers over its current business cycle. Note, Heritage Financial insiders must abide by specific rules, including filing SEC forms every time they buy or sell Heritage Financial'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Brian Vance over a year ago Exercise or conversion by Brian Vance of 1808 shares of Heritage Financial subject to Rule 16b-3 |
Heritage Financial Management Efficiency
At present, Heritage Financial's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.01, whereas Return On Capital Employed is forecasted to decline to 0.02. At present, Heritage Financial's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 7.3 B, whereas Total Current Assets are forecasted to decline to about 232.3 M. Heritage Financial's management efficiency ratios could be used to measure how well Heritage Financial manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 1 records | CHAIRMAN Age | ||
| Dana Stonestreet | HomeTrust Bancshares | 70 | |
Management Performance
| Return On Equity | 0.0562 | |||
| Return On Asset | 0.0066 |
Heritage Financial Leadership Team
Elected by the shareholders, the Heritage Financial's board of directors comprises two types of representatives: Heritage Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Heritage. The board's role is to monitor Heritage Financial's management team and ensure that shareholders' interests are well served. Heritage Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Heritage Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Anthony Chalfant, Executive Officer | ||
| Donald CPA, Executive CFO | ||
| Sabrina Robison, Senior Officer | ||
| Jeffrey Deuel, Executive VP and President of Heritage Bank and COO of Heritage Bank | ||
| Kaylene Lahn, Senior Secretary | ||
| Matthew Ray, Executive Officer | ||
| Bryan McDonald, Chief Lending Officer and Executive VP | ||
| Cindy Hirman, Executive Bank | ||
| Brian Vance, CEO and President Executive Director, Vice Chairman of Central Valley Bank, CEO of Heritage Bank and CEO of Central Valley Bank | ||
| Cindy Huntley, Ex Bank | ||
| William Glasby, Executive CTO |
Heritage Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Heritage Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0562 | |||
| Return On Asset | 0.0066 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.17 % | |||
| Current Valuation | 981.24 M | |||
| Shares Outstanding | 34.69 M | |||
| Shares Owned By Insiders | 1.88 % | |||
| Shares Owned By Institutions | 82.66 % | |||
| Number Of Shares Shorted | 541.66 K | |||
| Price To Earning | 19.94 X |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Heritage Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Heritage Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Heritage Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Heritage Financial Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. For information on how to trade Heritage Stock refer to our How to Trade Heritage Stock guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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When running Heritage Financial's price analysis, check to measure Heritage Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Heritage Financial is operating at the current time. Most of Heritage Financial's value examination focuses on studying past and present price action to predict the probability of Heritage Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heritage Financial's price. Additionally, you may evaluate how the addition of Heritage Financial to your portfolios can decrease your overall portfolio volatility.
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Is Heritage Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Financial. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Dividend Share 0.89 | Earnings Share 1.33 | Revenue Per Share 6.309 | Quarterly Revenue Growth (0.29) |
The market value of Heritage Financial is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Financial's value that differs from its market value or its book value, called intrinsic value, which is Heritage Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Financial's market value can be influenced by many factors that don't directly affect Heritage Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heritage Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.