HFWA FY2025 SEC EDGAR DEF 14A #131 of 136 in industry

Heritage Financial Corp /wa/ CEO pay ratio

The CEO earned $1.3M in FY2025 against median worker pay of $336,370 · Depository Institutions.

Depository Institutions peers All rankings
State
WA
Filing date
2026-03-20
Industry
Depository Institutions
Industry rank
#131/136

Data updated August 2026

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CEO-to-worker pay ratio
4:1
Below Average (Scale: 0–1000:1)
CEO pay
$1.3M
Median worker
$336,370

Answer first

Heritage Financial Corp /wa/'s FY2025 CEO total of $1.3M ranks #1203 of 1,423 complete filings; its 4:1 pay ratio ranks #1367. Dollar rank is not ratio rank.

According to the same FY2025 complete-filing cohort used on the rankings boards (CEO total, median worker, and ratio all present). Median worker pay is $336,370. Industry placement uses the FY2025 SIC-60 peer cohort (# 131 of 136, 4th percentile - among the lower quartile of industry peers by pay ratio). Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Depository Institutions companies.

Dollar rank
#1203
$1.3M of 1,423 FY2025
Ratio rank
#1367
4:1 of 1,423
Industry pct
4th
among the lower quartile of industry peers by pay ratio

How Heritage Financial Corp /wa/ ranks nationally

Heritage Financial Corp /wa/ CEO pay vs. every FY2025 complete filing

Total CEO compensation, the full national distribution, this company marked

$1,345,480 15th percentile higher than 15% of 1,423 companies

$0–$2,500,000: 304 companies (21%). This entry sits in this band. $2,500,000–$5,000,000: 182 companies (13%). Above this entry. $5,000,000–$7,500,000: 208 companies (15%). Above this entry. $7,500,000–$10,000,000: 192 companies (13%). Above this entry. $10,000,000–$12,500,000: 139 companies (10%). Above this entry. $12,500,000–$15,000,000: 91 companies (6%). Above this entry. $15,000,000–$17,500,000: 88 companies (6%). Above this entry. $17,500,000–$20,000,000: 54 companies (4%). Above this entry. $20,000,000–$22,500,000: 24 companies (2%). Above this entry. $22,500,000–$25,000,000: 34 companies (2%). Above this entry. $25,000,000–$27,500,000: 24 companies (2%). Above this entry. $27,500,000–$30,000,000: 16 companies (1%). Above this entry. $30,000,000–$32,500,000: 10 companies (1%). Above this entry. $32,500,000–$35,000,000: 7 companies (0%). Above this entry. $35,000,000–$37,500,000: 9 companies (1%). Above this entry. $37,500,000–$40,000,000: 6 companies (0%). Above this entry. $40,000,000–$42,500,000: 1 companies (0%). Above this entry. $42,500,000–$45,000,000: 1 companies (0%). Above this entry. $45,000,000–$47,500,000: 6 companies (0%). Above this entry. $47,500,000–$50,000,000: 27 companies (2%). Above this entry. This company $0 $50M+ every complete-filing company, bucketed by value

Each bar is a $2500K-wide band; taller bars hold more companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source SEC DEF 14A Section 953(b) disclosures, PlainCEOPay extract · FY2025

Heritage Financial Corp /wa/ vs. Depository Institutions peers

CEO total pay ($1.3M) against pay ratio (4:1) for Heritage Financial Corp /wa/ (marked) and its 5 closest same-industry peers, against the Depository Institutions industry median on both axes.

Pay + gap both highContained pay, wide gapHigh pay, contained gapBelow peer norms on both44537.1818116.81591696.52365276.23138855.92.1:112.7:123.2:133.8:144.4:1CEO total payPay ratio (CEO : median worker)Heritage Financial Corp /wa/, CEO total pay: 1345480 · Pay ratio (CEO : median worker): 4:1Heritage Financial Corp /wa/Wintrust Financial Corp, CEO total pay: 325792 · Pay ratio (CEO : median worker): 4:1Wintrust Financial Corp1st Source Corp, CEO total pay: 2190564 · Pay ratio (CEO : median worker): 4:11st Source CorpCommunity Trust Bancorp Inc /ky/, CEO total pay: 185188 · Pay ratio (CEO : median worker): 4:1Community Trust Bancorp Inc /ky/Texas Capital Bancshares Inc/tx, CEO total pay: 784315 · Pay ratio (CEO : median worker): 5:1Texas Capital Bancshares Inc/txMvb Financial Corp, CEO total pay: 404300 · Pay ratio (CEO : median worker): 5:1Mvb Financial Corp
Heritage Financial Corp /wa/ vs. Depository Institutions peers, plotted against the industry's $3.0M median CEO total and 43:1 median pay ratio.

Ratio bands among Depository Institutions peers

Exclusive CEO-to-median-worker bands across 124 complete latest-FY filings in SIC 60. Segments sum to the peer set, not this company's compensation pillar.

CEO Compensation Breakdown, FY2025

A component-level pay breakdown is not reported in Heritage Financial Corp /wa/'s structured SEC pay-ratio disclosure. See our methodology →

Filing-year trail · Heritage Financial Corp /wa/

Complete DEF 14A pay-ratio filings for this CIK across FY2022–2025. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).

Latest ratio
4:1
FY2025
vs prior FY
-5:1
from FY2024 9:1
CEO $ YoY
-17%
$1.3M latest
Filings shown
3
FY2022–2025
Heritage Financial Corp /wa/ CEO total compensation, median worker pay, and pay ratio by fiscal year from SEC EDGAR DEF 14A.
FY CEO pay Δ pay Median worker Pay ratio Δ ratio
2022 $1.6M - $823,316 2:1 -
2024 $1.6M -1% $181,133 9:1 +7:1
2025 $1.3M -17% $336,370 4:1 -5:1

Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 1046025, FY2022–2025. Adjacent-year deltas only.

Industry Comparison - Depository Institutions

This Company's Ratio
4:1
Industry Median Ratio
43:1
Industry Median CEO Pay
$3.0M
This CEO's Pay
$1.3M
Companies in Industry
136
vs. Industry Median
Below
#131 of 136 by pay ratio in this industry View all companies in Depository Institutions →

Heritage Financial Corp /wa/: near-parity Item 402(u) ratio

Heritage Financial Corp /wa/'s FY2025 ratio 4:1 ranks #131 of 136 Depository Institutions filers (4th percentile). the CEO earned 4× the median employee ($336,370) in FY2025.

At $336,370 median worker pay, the FLOOR stamp is near pay-parity territory under LIGHT CEO total.

CEO Total Pay

$1.3M

FY2025 Summary Compensation, below median

Pay Ratio

4:1

Below typical

Heritage Financial Corp /wa/ in the lower Depository Institutions third

Heritage Financial Corp /wa/'s FY2025 ratio 4:1 ranks #131 of 136 Depository Institutions filers (4th percentile). The structured pay-ratio disclosure reports the total without line-item components. Depository Institutions (SIC 60) median ratio is 43:1 across 136 FY2025 filers; Heritage Financial Corp /wa/'s $1.3M CEO total is at or below the $3.0M industry median CEO pay.

Dollar rank #1203 and ratio rank #1367 split - treat 4:1 as a disclosure, not a fairness score. Open Depository Institutions peers.

Key Data, FY2025

Total Compensation
$1.3M
Median Employee Pay
$336,370
Pay Ratio
4:1
Filing Date
2026-03-20

Company Info

Ticker
HFWA
CIK
1046025
Industry
Depository Institutions
SIC Code
6036
State
WA
View SEC filings →
SEC EDGAR DEF 14A for CIK 1046025, FY2025. Informational only, not investment advice. Verify on EDGAR.

Read our methodology - how this data is sourced, computed, and verified. Heritage Financial Corp /wa/'s FY2025 ratio 4:1 ranks #131 of 136 Depository Institutions filers (4th percentile).

Read with Heritage Financial Corp /wa/

ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps FLOOR · LIGHT · ELITE-MED.

Carter Bankshares, Inc. · LIGHT

ABS(ceo_total_comp) peer at $1.4M (Δ $15K heavier vs Heritage Financial Corp /wa/); FLOOR · PAR-MED vs this page's FLOOR · LIGHT · ELITE-MED.
Hudson Technologies Inc /ny · LIGHT

ABS(ceo_total_comp) peer at $1.4M (Δ $19K heavier vs Heritage Financial Corp /wa/); MODEST · PAR-MED vs this page's FLOOR · LIGHT · ELITE-MED.
Genie Energy Ltd. · LIGHT

ABS(ceo_total_comp) peer at $1.4M (Δ $26K heavier vs Heritage Financial Corp /wa/); MODEST · PAR-MED vs this page's FLOOR · LIGHT · ELITE-MED.
Clover Health Investments, Corp. /de · LIGHT

ABS(ceo_total_comp) peer at $1.3M (Δ $26K lighter vs Heritage Financial Corp /wa/); FLOOR · ELITE-MED vs this page's FLOOR · LIGHT · ELITE-MED.
Wintrust Financial Corp (SIC 60 pole)

Wintrust Financial Corp stamps FLOOR · MICRO nearest in-SIC by ABS(pay_ratio) to Heritage Financial Corp /wa/'s FLOOR filing.
National dual ranks · #1203/#1367

Heritage Financial Corp /wa/'s FY2025 package sits #1203 by CEO dollars and #1367 by ratio under LIGHT · FLOOR.
Ratio primer · FLOOR

Heritage Financial Corp /wa/'s FLOOR stamp sits in the lower Item 402(u) band - start with how the ratio is disclosed before comparing peers.
Data sourced from SEC EDGAR DEF 14A for Heritage Financial Corp /wa/ (CIK 1046025), FY2025. See our methodology. Aggregated by PlainCEOPay as of August 2026.

Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.