How many employees does Heritage Financial Corporation have?

Heritage Financial Corporation reported 723 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 27, 2026. That is down 1.4% from a year earlier.

What is Heritage Financial Corporation's revenue per employee?

Heritage Financial Corporation brought in $336M of revenue in fiscal Dec 2025, which is $465K per employee. That ranks 135 of 182 companies we track in Banks - Regional, where the median is $558K.

Where do these numbers come from?

Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

Company data

Heritage Financial Corporation employees and revenue per employee

HFWA · Banks - Regional · $1.12B market cap

Heritage Financial Corporation had 723 employees at the end of fiscal Dec 2025, down 1.4% from a year earlier. Revenue for the year was $336M, up 5.9% from a year earlier, or $465K per employee. Revenue held up or grew while headcount stayed flat or fell.

Employees

723

-1.4% YoY

Revenue

$336M

+5.9% YoY

Revenue / employee

$465K

Peer median $558K

Rank in industry

135 of 182

Banks - Regional

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016

Hover a year for the numbers.

HFWA employees and revenue by fiscal year
Year ending	Employees	Revenue	Per employee	Staff YoY	Revenue YoY
Dec 2025	723	$336M	$465K	-1.4%	+5.9%
Dec 2024	733	$317M	$433K	-4.1%	+4.6%
Dec 2023	764	$303M	$397K	-3.7%	+17.9%
Dec 2022	793	$257M	$324K	+9.1%	+3.9%
Dec 2021	727	$247M	$340K	-9.6%	-1.6%
Dec 2020	804	$252M	$313K	-9.0%	+0.5%
Dec 2019	884	$250M	$283K	+2.9%	+8.3%
Dec 2018	859	$231M	$269K	+16.9%	+26.0%
Dec 2017	735	$183M	$249K	-3.3%	+7.7%
Dec 2016	760	$170M	$224K	—	—

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years

Revenue per employee, last six fiscal years

Heritage Financial Corporation against similar companies

The closest industry peers by revenue, from Banks - Regional.

Company	Employees	Revenue	Revenue / employee	Shape
KRNY Kearny Financial Corp.	502	$347M	$692K	Leaner
SHBI Shore Bancshares, Inc.	595	$343M	$576K	Efficient growth
ORRF Orrstown Financial Services, Inc.	627	$354M	$564K	Efficient growth
NEWT NewtekOne, Inc.	572	$322M	$563K	Leaner
HFWA Heritage Financial Corporation	723	$336M	$465K	Leaner
MPB Mid Penn Bancorp, Inc.	705	$327M	$464K	Hiring ahead
ALRS Alerus Financial Corporation	864	$328M	$379K	Contracting
THFF First Financial Corporation	946	$326M	$345K	Efficient growth
GSBC Great Southern Bancorp, Inc.	1,075	$343M	$319K	Contracting

Every Financial Services company

Questions about Heritage Financial Corporation

How many employees does Heritage Financial Corporation have?: Heritage Financial Corporation reported 723 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 27, 2026. That is down 1.4% from a year earlier.
What is Heritage Financial Corporation's revenue per employee?: Heritage Financial Corporation brought in $336M of revenue in fiscal Dec 2025, which is $465K per employee. That ranks 135 of 182 companies we track in Banks - Regional, where the median is $558K.
Where do these numbers come from?: Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Source: employee counts and revenue as stated in Heritage Financial Corporation's annual reports (Form 10-K), latest filed February 27, 2026. This is data, not a recommendation to buy or sell HFWA.