HarborOne Bancorp, Inc. operates as the holding company for HarborOne Bank that provides financial services to individuals, families, small and mid-size businesses, and municipalities. The company operates in two segments, HarborOne Bank and HarborOne Mortgage. Its primary deposit products include checking, money market, savings, and term certificate of deposit accounts; and lending products comprise commercial real estate, commercial and industrial, commercial construction, one-to four-family residential real estate, second mortgages and equity lines of credit, residential construction, and auto and other consumer loans. The company, through HarborOne Mortgage, LLC, originates, sells, and services residential mortgage loans. It also provides a range of educational services through HarborOne U, such as classes on small business, financial literacy, and personal enrichment. As of December 31, 2020, the company operated 26 full-service branches located in Massachusetts and Rhode Island, as well as a commercial lending office in each of Boston, Massachusetts, and Providence, Rhode Island. It also operates administrative offices in Brockton, Massachusetts, as well as 5 ATM locations in Massachusetts; and maintains 39 offices in Massachusetts, Rhode Island, New Hampshire, Maine, New Jersey, and Florida. The company was founded in 1917 and is based in Brockton, Massachusetts.
IPO Year: 2016
Exchange: NASDAQ
Website: harborone.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/12/2023 | Neutral | Seaport Research Partners | |
| 4/6/2023 | Mkt Perform | Raymond James | |
| 10/20/2022 | $14.00 | Buy → Neutral | Compass Point |
| 3/18/2022 | $15.50 | Neutral → Underweight | Piper Sandler |
HarborOne Bancorp, Inc. (the "Company" or "HarborOne") (NASDAQ:HONE), the holding company for HarborOne Bank (the "Bank"), announced net income of $3.9 million, or $0.10 per diluted share, for the third quarter of 2024, compared to a net income of $7.3 million, or $0.18 per diluted share for the preceding quarter, and net income of $8.4 million, or $0.20 per diluted share for the same period last year. Net income for the nine months ended September 30, 2024 was $18.5 million, or $0.45 per diluted share, compared to $23.2 million, or $0.53 per diluted share for the same period in 2023. The third quarter of 2024 includes a credit loss provision of $5.9 million, primarily as a result of a subu
HarborOne Bancorp, Inc. (the "Company") (NASDAQ:HONE), the holding company of HarborOne Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share, to be paid on October 28, 2024 to all shareholders of record as of the close of business on October 14, 2024. Forward Looking Statements Certain statements herein constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as "believes," "will
HarborOne Bancorp, Inc. (the "Company" or "HarborOne") (NASDAQ:HONE), the holding company for HarborOne Bank (the "Bank"), announced net income of $7.3 million, or $0.18 per diluted share, for the second quarter of 2024, compared to a net income of $7.3 million, or $0.17 per diluted share for the preceding quarter, and net income of $7.5 million, or $0.17 per diluted share for the same period last year. Net income for the six months ended June 30, 2024 was $14.6 million, or $0.35 per diluted share, compared to $14.8 million, or $0.33 per diluted share for the same period in 2023. Selected Financial Highlights: Loan growth of $62.5 million, or 5.2% annualized; client deposit growth of $
HarborOne Bancorp, Inc. (the "Company") (NASDAQ:HONE), the holding company of HarborOne Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share, to be paid on July 24, 2024 to all shareholders of record as of the close of business on July 10, 2024. Forward Looking Statements Certain statements herein constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as "believes," "will," "
College scholarships totaling $100,000 awarded to 20 students from MA and RI HarborOne Bank announced today that it has awarded $100,000 in ONECommunity scholarship grants to 20 college-bound students from Massachusetts and Rhode Island. Each recipient will receive a $5,000 scholarship paid directly to the college or university they will be attending in the fall of 2024. Since inception, the ONECommunity Scholarship Program has awarded $900,000 in college scholarships to local high school seniors demonstrating an outstanding commitment to educational excellence and their local community. "We are honored to support and invest in the higher education goals of these remarkable young peop
HarborOne Bancorp, Inc. (the "Company") (NASDAQ:HONE) announced today that its Board of Directors has adopted a share repurchase program. Under the share repurchase program, which has received regulatory approval, the Company may repurchase up to 2,222,568 shares of its common stock, or approximately 5% of the Company's current issued and outstanding shares, for an aggregate repurchase price not to exceed $20 million. Repurchases under this program may be made in open market transactions, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission. The timing and actual number of shares repurchased will depend on a variety
HarborOne Bancorp, Inc. (the "Company" or "HarborOne") (NASDAQ:HONE), the holding company for HarborOne Bank (the "Bank"), announced net income of $7.3 million, or $0.17 per diluted share, for the first quarter of 2024, compared to a net loss of $7.1 million, or $0.17 per diluted share for the preceding quarter, and net income of $7.3 million, or $0.16 per diluted share for the same period last year. Excluding the HarborOne Mortgage, LLC ("HarborOne Mortgage") goodwill impairment charge of $10.8 million recorded in the fourth quarter of 2023, included in noninterest expense, net income and diluted earnings per share for the quarter ended December 31, 2023 were $3.7 million and $0.09, respec
HarborOne Bancorp, Inc. today announced the appointment of Stephen W. Finocchio as Executive Vice President and Chief Financial Officer, HarborOne Bancorp, Inc. and HarborOne Bank. Finocchio will oversee all Finance areas, including Accounting, Reporting, Treasury, and Investor Relations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240328828676/en/Stephen W. Finocchio (Photo: Business Wire) Finocchio joins HarborOne Bank with over 20 years of experience in treasury, capital management, and strategic planning, with particular focus on leading strategic and innovative initiatives in financial services and banking. "Stephen's
HarborOne Bancorp, Inc. (the "Company") (NASDAQ:HONE), the holding company of HarborOne Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share, which represents an increase of $0.005 per share, or 6.7%, compared to its most recent dividend paid on January 18, 2024. The dividend will be paid on April 24, 2024 to all shareholders of record as of the close of business on April 10, 2024. "We are very pleased to provide a 6.7% increase to the quarterly cash dividend payment on the Company's common stock from $0.075 to $0.08 commencing in the first quarter of 2024," said Joseph F. Casey, President and Chief Executive Officer of the Company. "
HarborOne Bancorp, Inc. (the "Company") (NASDAQ:HONE), announced today that the Company's 2024 annual meeting of shareholders (the "Annual Meeting") will be held on May 15, 2024 at 10:00 a.m. local time, at Goodwin Procter LLP, 100 Northern Avenue, Boston, Massachusetts. Shareholders of record of the Company's common stock as of the close of business on March 18, 2024 are entitled to vote at the Annual Meeting. Additional information regarding the Annual Meeting will be provided in the Company's proxy statement. About HarborOne Bancorp, Inc. HarborOne Bancorp, Inc. is the holding company for HarborOne Bank, a Massachusetts-chartered trust company. HarborOne Bank serves the financial nee
HarborOne Bancorp, Inc. (the "Company" or "HarborOne") (NASDAQ:HONE), the holding company for HarborOne Bank (the "Bank"), announced net income of $3.9 million, or $0.10 per diluted share, for the third quarter of 2024, compared to a net income of $7.3 million, or $0.18 per diluted share for the preceding quarter, and net income of $8.4 million, or $0.20 per diluted share for the same period last year. Net income for the nine months ended September 30, 2024 was $18.5 million, or $0.45 per diluted share, compared to $23.2 million, or $0.53 per diluted share for the same period in 2023. The third quarter of 2024 includes a credit loss provision of $5.9 million, primarily as a result of a subu
HarborOne Bancorp, Inc. (the "Company") (NASDAQ:HONE), the holding company of HarborOne Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share, to be paid on October 28, 2024 to all shareholders of record as of the close of business on October 14, 2024. Forward Looking Statements Certain statements herein constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as "believes," "will
HarborOne Bancorp, Inc. (the "Company" or "HarborOne") (NASDAQ:HONE), the holding company for HarborOne Bank (the "Bank"), announced net income of $7.3 million, or $0.18 per diluted share, for the second quarter of 2024, compared to a net income of $7.3 million, or $0.17 per diluted share for the preceding quarter, and net income of $7.5 million, or $0.17 per diluted share for the same period last year. Net income for the six months ended June 30, 2024 was $14.6 million, or $0.35 per diluted share, compared to $14.8 million, or $0.33 per diluted share for the same period in 2023. Selected Financial Highlights: Loan growth of $62.5 million, or 5.2% annualized; client deposit growth of $
HarborOne Bancorp, Inc. (the "Company") (NASDAQ:HONE), the holding company of HarborOne Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share, to be paid on July 24, 2024 to all shareholders of record as of the close of business on July 10, 2024. Forward Looking Statements Certain statements herein constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as "believes," "will," "
HarborOne Bancorp, Inc. (the "Company" or "HarborOne") (NASDAQ:HONE), the holding company for HarborOne Bank (the "Bank"), announced net income of $7.3 million, or $0.17 per diluted share, for the first quarter of 2024, compared to a net loss of $7.1 million, or $0.17 per diluted share for the preceding quarter, and net income of $7.3 million, or $0.16 per diluted share for the same period last year. Excluding the HarborOne Mortgage, LLC ("HarborOne Mortgage") goodwill impairment charge of $10.8 million recorded in the fourth quarter of 2023, included in noninterest expense, net income and diluted earnings per share for the quarter ended December 31, 2023 were $3.7 million and $0.09, respec
HarborOne Bancorp, Inc. (the "Company") (NASDAQ:HONE), the holding company of HarborOne Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share, which represents an increase of $0.005 per share, or 6.7%, compared to its most recent dividend paid on January 18, 2024. The dividend will be paid on April 24, 2024 to all shareholders of record as of the close of business on April 10, 2024. "We are very pleased to provide a 6.7% increase to the quarterly cash dividend payment on the Company's common stock from $0.075 to $0.08 commencing in the first quarter of 2024," said Joseph F. Casey, President and Chief Executive Officer of the Company. "
HarborOne Bancorp, Inc. (the "Company" or "HarborOne") (NASDAQ:HONE), the holding company for HarborOne Bank (the "Bank"), announced net income of $16.1 million, or $0.37 per diluted share, for the year ended December 31, 2023, a decrease of $29.5 million, or 64.7%, compared to net income of $45.6 million, or $0.97 per diluted share, for the year ended December 31, 2022. For the fourth quarter of 2023, the Company reported a net loss of $7.1 million, or $0.17 per diluted share, compared to net income of $8.4 million, or $0.20 per diluted share, for the preceding quarter and net income of $9.6 million, or $0.21 per diluted share, for the same period last year. The results for the quarter a
HarborOne Bancorp, Inc. (the "Company") (NASDAQ:HONE), the holding company of HarborOne Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.075 per share, to be paid on January 18, 2024 to all shareholders of record as of the close of business on January 4, 2024. Forward Looking Statements Certain statements herein constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as "believes," "wi
HarborOne Bancorp, Inc. (the "Company" or "HarborOne") (NASDAQ:HONE), the holding company for HarborOne Bank (the "Bank"), announced net income of $8.4 million, or $0.20 per diluted share, for the third quarter of 2023, compared to net income of $7.5 million, or $0.17 per diluted share, for the preceding quarter and net income of $13.8 million, or $0.30 per diluted share, for the same period last year. Selected Financial Highlights: Deposit growth, excluding brokered deposits, of $160.5 million, or 4.0%, on a linked-quarter basis. Reduced noninterest expense 7.5% as compared to the prior year third quarter. Loan growth of $24.7 million, or 0.5%, on a linked-quarter basis. Comm
HarborOne Bancorp, Inc. (the "Company") (NASDAQ:HONE), the holding company of HarborOne Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.075 per share, to be paid on October 30, 2023 to all shareholders of record as of the close of business on October 16, 2023. Forward Looking Statements Certain statements herein constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as "believes," "w
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8-K - HarborOne Bancorp, Inc. (0001769617) (Filer)
8-K - HarborOne Bancorp, Inc. (0001769617) (Filer)
HarborOne Bancorp, Inc. today announced the appointment of Stephen W. Finocchio as Executive Vice President and Chief Financial Officer, HarborOne Bancorp, Inc. and HarborOne Bank. Finocchio will oversee all Finance areas, including Accounting, Reporting, Treasury, and Investor Relations. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240328828676/en/Stephen W. Finocchio (Photo: Business Wire) Finocchio joins HarborOne Bank with over 20 years of experience in treasury, capital management, and strategic planning, with particular focus on leading strategic and innovative initiatives in financial services and banking. "Stephen's
The Board of Directors of HarborOne Bancorp, Inc. (the "Company") (NASDAQ:HONE), parent company of HarborOne Bank (the "Bank"), today announced that James W. Blake will retire as Chief Executive Officer effective May 18, 2022. Joseph F. Casey, currently President and Chief Operating Officer, will continue to hold the title of President, and will assume the role of CEO on May 19, 2022. Mr. Blake and Mr. Casey will continue to serve on the Boards of both the Company and the Bank. Mr. Blake is a fifty-year veteran of the community banking industry. He joined HarborOne Bank – then known as Brockton Credit Union – in 1993, and he has served as CEO since 1995. During his tenure, Mr. Blake has ov
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Seaport Research Partners initiated coverage of HarborOne Bancorp with a rating of Neutral
Raymond James initiated coverage of HarborOne Bancorp with a rating of Mkt Perform
Compass Point downgraded HarborOne Bancorp from Buy to Neutral and set a new price target of $14.00
Piper Sandler downgraded HarborOne Bancorp from Neutral to Underweight and set a new price target of $15.50
DA Davidson upgraded HarborOne Bancorp from Neutral to Buy and set a new price target of $15.00
DA Davidson upgraded HarborOne Bancorp from Neutral to Buy
Piper Sandler resumed coverage of HarborOne Bancorp with a rating of Neutral and set a new price target of $12.00
Piper Sandler downgraded HarborOne Bancorp from Overweight to Neutral and set a new price target of $12.00
HarborOne Bancorp (NASDAQ:HONE) reported quarterly earnings of $0.18 per share which beat the analyst consensus estimate of $0.17 by 5.88 percent. This is a 5.88 percent increase over earnings of $0.17 per share from the same period last year. The company reported quarterly sales of $31.35 million which beat the analyst consensus estimate of $30.78 million by 1.85 percent. This is a 2.34 percent decrease over sales of $32.10 million the same period last year.
HarborOne Bancorp (NASDAQ:HONE) reported quarterly earnings of $0.17 per share which beat the analyst consensus estimate of $0.11 by 54.55 percent. This is a 6.25 percent increase over earnings of $0.16 per share from the same period last year. The company reported quarterly sales of $30.58 million which beat the analyst consensus estimate of $29.25 million by 4.55 percent. This is a 11.09 percent decrease over sales of $34.40 million the same period last year.
HarborOne Bancorp, Inc. (the "Company") (NASDAQ:HONE), the holding company of HarborOne Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share, which represents an increase of $0.005 per share, or 6.7%, compared to its most recent dividend paid on January 18, 2024. The dividend will be paid on April 24, 2024 to all shareholders of record as of the close of business on April 10, 2024."We are very pleased to provide a 6.7% increase to the quarterly cash dividend payment on the Company's common stock from $0.075 to $0.08 commencing in the first quarter of 2024," said Joseph F. Casey, President and Chief Executive Officer of the Company. "The
HarborOne Bancorp (NASDAQ:HONE) reported quarterly losses of $(0.17) per share which missed the analyst consensus estimate of $0.15 by 213.33 percent. The company reported quarterly sales of $29.69 million which missed the analyst consensus estimate of $30.24 million by 1.80 percent. This is a 24.23 percent decrease over sales of $39.19 million the same period last year.
By the end of today, January 18, 2024, HarborOne Bancorp (NASDAQ:HONE) is set to deliver a dividend payout of $0.07 per share, equating to an annualized dividend yield of 2.52%. The company's dividend payout went ex-dividend on January 03, 2024, so only the investors that owned the stock prior to the ex-dividend date will receive this payout. HarborOne Bancorp Recent Dividend Payouts table { width: 100%; border-collapse: collapse; font-family: Arial, sans-serif; font-size: 14px; } th, td { padding: 8px; text-align: left; } th { background-color: #293a5a;
Tuesday marks the last chance for investors to receive the next dividend payout from HarborOne Bancorp (NASDAQ:HONE). What's Happening The company announced on Thursday that it would pay shareholders a quarterly dividend of 7.5 cents per share. On Wednesday, HarborOne Bancorp will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 7.5 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own HONE as of the end of Tuesday's session are eligible to receive the 7.5 c
HarborOne Bancorp (NASDAQ:HONE) reported quarterly earnings of $0.20 per share. This is a 33.33 percent decrease over earnings of $0.30 per share from the same period last year. The company reported quarterly sales of $31.08 million which missed the analyst consensus estimate of $36.70 million by 15.31 percent. This is a 20.98 percent decrease over sales of $39.33 million the same period last year.
Upgrades RBC Capital upgraded the previous rating for Equinox Gold Corp (AMEX:EQX) from Underperform to Sector Perform. In the second quarter, Equinox Gold showed an EPS of $0.02, compared to $0.16 from the year-ago quarter. The stock has a 52-week-high of $5.84 and a 52-week-low of $2.36. At the end of the last trading period, Equinox Gold closed at $4.75. According to B. Riley Securities, the prior rating for Bicycle Therapeutics PLC (NASDAQ:BCYC) was changed from Neutral to Buy. Bicycle Therapeutics earned $1.41 in the second quarter, compared to $0.90 in the year-ago quarter. The current stock performance of Bicycle Therapeutics shows a 52-week-high of $33.40 and a 52-week-low of $18.