With a more favourable environment, HERITAGE FINANCIAL improves to Slightly Positive
HERITAGE FINANCIAL (US), a company active in the Money Center Banks industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date May 4, 2021, the closing price was USD 28.42 and its potential was estimated at USD 34.40.Heritage Financial is a bank holding company. The company is primarily engaged in the business of planning, directing, and coordinating the business activities of its wholly owned subsidiary, Heritage Bank (the Bank). The company's business consists primarily of commercial lending and deposit relationships with small and medium sized businesses and their owners in its market areas, and accepting deposits from the general public. The company also makes real estate construction and land development loans and consumer loans. The Bank also originates for sale or investment purposes one-to-four family residential loans on residential properties located primarily in the company's market.
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