Bryan McDonald - Heritage Financial Chief Lending Officer and Executive VP

HFWA Stock  USD 26.45  0.35  1.31%   

EVP

Mr. Bryan Mcdonald is Executive Vice President, Chief Lending Officer, Chief Operating Officer of Heritage Bank, a subsidiary of the Company. Mr. McDonald became Executive Vice President and Chief Lending Officer of Heritage Bank upon completion of the Washington Banking Merger effective on May 1, 2014. Mr. McDonald had served as President and Chief Executive Officer of Whidbey Island Bank since January 1, 2012. Mr. McDonald joined Whidbey Island Bank in 2006 as Commercial Banking Manager and he served as Senior Vice President and Chief Operating Officer of Whidbey Island Bank from April 1, 2010 until his promotion to Executive Vice President on August 26, 2010. Mr. McDonald was serving in the banking industry since 1994, including regional commercial lending management roles with Washington Mutual and Peoples Bank since 2018.
Age 52
Tenure 6 years
Address 201 Fifth Avenue SW, Olympia, WA, United States, 98501
Phone360 943 1500
Webhttps://www.hf-wa.com
McDonald holds a Bachelor and Master’s Degree in Business Administration from Washington State University.

Heritage Financial Management Efficiency

The current year's Return On Tangible Assets is expected to grow to 0.01. The current year's Return On Capital Employed is expected to grow 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 603.6 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.
Heritage Financial currently holds 21.77 M in liabilities with Debt to Equity (D/E) ratio of 0.04, which may suggest the company is not taking enough advantage from borrowing. Note, when we think about Heritage Financial's use of debt, we should always consider it together with its cash and equity.
Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States. Heritage Financial Corporation was founded in 1927 and is headquartered in Olympia, Washington. Heritage Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 790 people. Heritage Financial (HFWA) is traded on NASDAQ Exchange in USA. It is located in 201 Fifth Avenue SW, Olympia, WA, United States, 98501 and employs 749 people. Heritage Financial is listed under Regional Banks category by Fama And French industry classification.

Management Performance

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
Jeffrey Deuel, Executive VP and President of Heritage Bank and COO of Heritage Bank
Kaylene Lahn, Senior Secretary
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
Sabrina Robison, Senior Officer
Kaylene CPA, Senior Secretary
Matthew Ray, Executive Officer
Nicholas Bley, Executive President

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.

Also Currently Popular

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 closely tied 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Regional Banks space 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
(0.35)
Dividend Share
0.91
Earnings Share
1.08
Revenue Per Share
5.885
Quarterly Revenue Growth
(0.17)
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.