Last checked Jul 22, 2026
Heritage Financial Corporation (NASDAQ: HFWA) — Olympia, Washington bank holding company for Heritage Bankhf-wa.comHeritage Financial Corporation (NASDAQ: HFWA) — Olympia, Washington bank holding company for Heritage Bank is not currently listed as private-equity-owned.
Ownership & Acquisition History
Heritage Financial Corporation is a publicly traded company (NASDAQ: HFWA) and is not controlled by a private equity firm or private equity fund.
Notes
- Heritage Financial Corporation’s Form 10-K states its common stock is traded on the Nasdaq Global Select Market under the symbol “HFWA,” indicating it is publicly traded rather than PE-controlled.
- The company’s 2026 proxy statement lists the largest >5% beneficial owners as institutions such as BlackRock (12.3%), Prudential (7.6%), Vanguard (6.5%), and Victory Capital (5.8%); no private equity sponsor is disclosed as a controlling owner, and no shareholder is shown with control.
- The Form 10-K states the company was incorporated in Washington in August 1997, supporting 1997 as the founding/formation year for the holding company.
- Company materials state Heritage Bank (the operating bank subsidiary) was founded in 1927 and is headquartered in Olympia, WA; however, the question asks about the company (Heritage Financial Corporation), which was incorporated in 1997.
- No evidence found in SEC filings reviewed that a PE sponsor owns or controls the company; ownership appears to be typical public-market institutional holdings.
Sources
- Heritage Financial Corp /WA/ Form 10-K (for year ended Dec. 31, 2024)
d18rn0p25nwr6d.cloudfront.net (SEC filing host) - Public-company status (Nasdaq: HFWA) and incorporation in August 1997 (formation/founding year).
- Heritage Financial Corporation Definitive Proxy Statement (filed Mar. 16, 2026)
U.S. Securities and Exchange Commission (SEC) - Lists >5% beneficial owners (BlackRock, Prudential, Vanguard, Victory Capital) with no PE sponsor controlling the company; also references Heritage Bank founded in 1927.
- Heritage Financial Corporation — Investor Relations homepage
Heritage Financial Corporation - Official company website and confirms the company is the holding company of Heritage Bank and that its stock trades under ticker HFWA.
- Heritage Bank — Our Company Story
Heritage Bank (Heritage Financial Corporation subsidiary site) - Background on Heritage Bank (founded 1927; headquartered in Olympia, WA) and relationship to Heritage Financial Corporation (subsidiary statement).
- Heritage Financial Corporation logo image (direct file)
Heritage Financial Corporation / Q4 CDN - Current company logo URL.
- https://www.sec.gov/Archives/edgar/data/1046025/000104602525000046/hfwa-20241231.htm
Web search - Consulted by the research agent
- https://www.hf-wa.com/resource/investor-faqs/default.aspx
Web search - Consulted by the research agent
- https://www.sec.gov/Archives/edgar/data/1046025/000162828026012703/hfwa-20251231.htm
Web search - Consulted by the research agent
- https://en.wikipedia.org/wiki/BHG_Financial
Web search - Consulted by the research agent
- https://www.getheritageloans.com/
Web search - Consulted by the research agent
- https://www.dnb.com/business-directory/company-profiles.heritage_financial_corporation.ce1b534ca74939ecaab0fc19053e01d3.html
Web search - Consulted by the research agent
- https://heritagefinancial.net/
Web search - Consulted by the research agent
Ownership FAQ
Is Heritage Financial Corporation (NASDAQ: HFWA) — Olympia, Washington bank holding company for Heritage Bank owned by private equity?
No. Heritage Financial Corporation (NASDAQ: HFWA) — Olympia, Washington bank holding company for Heritage Bank does not currently appear to be private-equity-owned.
Who owns Heritage Financial Corporation (NASDAQ: HFWA) — Olympia, Washington bank holding company for Heritage Bank?
Public company (NASDAQ: HFWA) with dispersed institutional/public shareholders; no private equity sponsor has controlling ownership.
When was Heritage Financial Corporation (NASDAQ: HFWA) — Olympia, Washington bank holding company for Heritage Bank last checked?
This page was last checked on Jul 22, 2026.