Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 14.12 as of 2026-10-06T15:02:59.003Z.
Consensus retrieved: 2026-10-06T12:20:33.215Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-10-06T15:02:59.003Z.
Quote observation: 2026-10-06T15:00:36.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 7590af645aea2f49478ec48bd21c0b25b0047927c505fb7017260fdb59b3f774
Forward PE Ratio (14.12) = Dated Quote Price ($27.83) / Consensus Forward EPS ($1.97)
FORWARD PE RATIO
14.12
SECTOR MEDIAN · FINANCIAL SERVICES
11.20
median of 319 covered companies
CURRENT VS SECTOR MEDIAN
+26.07%
vs the sector median at left
Heritage Financial Corporation
Market Cap
$1.15B
Forward PE Ratio
14.12
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Heritage Financial Corporation (HFWA) | $1.15B | 14.12 |
| Jefferson Capital, Inc. Common Stock (JCAP)vs › | $1.22B | 6.68 |
| International General Insurance Holdings Ltd. (IGIC)vs › | $1.07B | 10.25 |
| Capitol Federal Financial, Inc. (CFFN)vs › | $1.06B | 11.04 |
| Five Star Bancorp (FSBC)vs › | $1.05B | 12.46 |
| Northeast Bank (NBN)vs › | $1.05B | 8.66 |
| Oaktree Specialty Lending Corporation (OCSL)vs › | $1.04B | 8.69 |
| Mercantile Bank Corporation (MBWM)vs › | $1.03B | 10.72 |
| Esquire Financial Holdings, Inc. (ESQ)vs › | $1.02B | 17.06 |
| CNB Financial Corporation (CCNEP)vs › | $1.02B | 6.93 |
Trailing P/E
13.2
reported TTM EPS
Forward P/E
14.1
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $1.97 implies -6.6% EPS decline vs the reported trailing $2.11.
At the dated quote price of $27.83, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $1.97 | $1.89 – $2.12 | 5 | 14.1x |
| 2027-12-31 | $2.63 | $2.43 – $2.85 | 5 | 10.6x |
| 2028-12-31 | $2.83 | $2.70 – $2.97 | 2 | 9.8x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
