HONE
Company Description
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, residential mortgages, and consumer loans, including indirect automobile lease loans. The company also originates, sells, and services residential mortgage loans. In addition, it provides a range of educational services, such as classes on small business, financial literacy, and personal enrichment. As of December 31, 2021, the company operated through a network of 30 full-service branches located in Massachusetts and Rhode Island, as well as commercial lending offices in each of Boston, Massachusetts, and Providence, Rhode Island. It also had administrative offices in Brockton, Massachusetts, as well as 5 ATM locations in Massachusetts. The company was founded in 1917 and is based in Brockton, Massachusetts.
Track Record
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 313.70M | 283.37M | 225.48M | 237.06M | 275.55M | 207.97M | 158.20M | 136.59M | 130.46M | 96.86M | 74.43M |
| Net Income | 27.41M | 16.08M | 45.59M | 58.52M | 44.79M | 18.27M | 11.39M | 10.38M | 5.93M | 5.77M | 2.57M |
| EPS | 0.66 | 0.37 | 0.98 | 1.15 | 0.82 | 0.33 | 0.20 | 0.18 | 0.10 | 0.10 | 0.04 |
| Free Cash Flow | 2.60M | 49.03M | 66.63M | 217.84M | (32.69M) | (40.56M) | 55.62M | 40.69M | (6.45M) | 27.87M | N/A |
| FCF / Share | 0.06 | 1.13 | 1.43 | 4.29 | -0.60 | -0.73 | 0.98 | 0.73 | -0.11 | 0.48 | N/A |
| Operating CF | 3.84M | 53.51M | 68.90M | 224.29M | (26.95M) | (36.13M) | 61.16M | 43.88M | (4.32M) | 29.36M | N/A |
| Total Assets | 5.75B | 5.67B | 5.36B | 4.55B | 4.48B | 4.06B | 3.65B | 2.68B | 2.45B | 2.16B | N/A |
| Total Debt | 516.55M | 568.46M | 434.96M | 89.87M | 183.13M | 388.04M | 553.74M | 290.37M | 275.12M | 249.60M | N/A |
| Cash & Equiv | 231.07M | 227.35M | 98.02M | 194.72M | 205.87M | 211.62M | 105.52M | 80.79M | 50.22M | 40.65M | N/A |
| Book Value | 575.01M | 583.76M | 616.98M | 679.26M | 696.31M | 665.79M | 357.57M | 343.48M | 329.38M | 190.69M | N/A |
| Return on Equity | 0.05 | 0.03 | 0.07 | 0.09 | 0.06 | 0.03 | 0.03 | 0.03 | 0.02 | 0.03 | N/A |
| Metric | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 76.69M | 73.06M | 80.02M | 78.42M | 78.67M | 76.58M | 73.03M | 73.84M | 72.72M | 63.78M | 60.92M | 57.86M |
| Net Income | 8.06M | 5.50M | 8.89M | 3.92M | 7.30M | 7.30M | (7.11M) | 8.41M | 7.48M | 7.30M | 9.58M | 13.76M |
| EPS | 0.20 | 0.14 | 0.22 | 0.10 | 0.18 | 0.17 | -0.17 | 0.20 | 0.17 | 0.16 | 0.21 | 0.30 |
| Free Cash Flow | (5.13M) | 23.15M | 3.15M | 24.35M | (39.76M) | 14.86M | (16.99M) | 27.07M | 29.77M | 9.17M | 14.68M | 31.49M |
| FCF / Share | -0.13 | 0.57 | 0.08 | 0.59 | -0.96 | 0.35 | -0.40 | 0.63 | 0.69 | 0.20 | 0.32 | 0.69 |
| Operating CF | (4.99M) | 23.36M | 3.49M | 24.92M | (39.54M) | 14.97M | (16.08M) | 28.02M | 31.90M | 9.66M | 15.61M | 32.23M |
| Total Assets | 5.61B | 5.70B | 5.75B | 5.78B | 5.79B | 5.86B | 5.67B | 5.66B | 5.66B | 5.57B | 5.36B | 4.99B |
| Total Debt | 439.65M | 399.55M | 516.55M | 539.36M | 619.37M | 754.38M | 568.46M | 509.85M | 638.92M | 624.98M | 434.96M | 379.94M |
| Cash & Equiv | 203.05M | 230.49M | 231.07M | 224.28M | 235.06M | 393.44M | 227.35M | 246.78M | 252.85M | 249.75M | 98.02M | 85.95M |
| Book Value | 580.15M | 575.97M | 575.01M | 584.20M | 577.33M | 577.68M | 583.76M | 584.63M | 595.53M | 599.79M | 616.98M | 611.37M |
| Return on Equity | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | -0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 |