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Harborone Bancorp Inc   (NASDAQ: HONE)
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $12.1000 $-0.22 -1.786%
Day's High: $12.38 Week Perf: -7.21 %
Day's Low: $ 12.07 30 Day Perf: -10.96 %
Volume (M): 583,000 52 Wk High: $ 14.29
Volume (M$): $ 7,054 52 Wk Avg: $13.33
Open: $12.32 52 Wk Low: $12.07



 Market Capitalization (Millions $) 485
 Shares Outstanding (Millions) 40
 Employees 1,100
 Revenues (TTM) (Millions $) 165
 Net Income (TTM) (Millions $) 26
 Cash Flow (TTM) (Millions $) -32
 Capital Exp. (TTM) (Millions $) 1

Business Description


HarborOne Bancorp Inc. is a financial holding company headquartered in Brockton, Massachusetts, that operates through its wholly-owned subsidiary, HarborOne Bank. The company was founded in 1917 and has grown to be one of the largest community banks in New England, with over $4.9 billion in assets and 24 branches in Massachusetts, Rhode Island, New Hampshire, and Maine.

HarborOne Bank provides a comprehensive range of personal and business banking products and services, including checking accounts, savings accounts, money market accounts, certificates of deposit (CDs), loans, mortgages, credit cards, online and mobile banking, and wealth management services. The bank caters to small and medium-sized businesses, nonprofit organizations, government entities, and individual consumers.

The company prides itself on being customer-centric and community-focused in all its operations. HarborOne Bank supports local charities and community organizations through its HarborOne Foundation, which has donated millions of dollars to local causes over the years. The bank also partners with local businesses and entrepreneurs to foster community development and economic growth.

HarborOne Bancorp Inc. is a publicly-traded company listed on the NASDAQ stock exchange under the ticker symbol "HONE." The company has a strong financial track record, with consistent revenue growth and profitability over the years. It is led by a team of experienced banking professionals who are committed to delivering value to shareholders, customers, and the community alike.

In recent years, HarborOne Bancorp Inc. has undergone significant strategic initiatives to expand its footprint and enhance its offerings. In 2019, the company completed its merger with Merrimack Valley Credit Union, which added four new branches in Massachusetts and New Hampshire and extended its reach into new markets. The company has also invested heavily in technology and innovation to improve its digital banking capabilities, streamline its operations, and enhance the customer experience.

Overall, HarborOne Bancorp Inc. is a well-respected and established financial institution that has built a strong reputation in New England through its commitment to customer service, community engagement, and sound business practices.


   Company Address: 770 Oak Street Brockton 2301 MA
   Company Phone Number: 895-1000   Stock Exchange / Ticker: NASDAQ HONE


   

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Dividend

HarborOne Bancorp: Navigating Market Challenges with Resilience and Rewards

Published Mon, Oct 2 2023 12:00 PM UTC



BROCKTON, Mass. - HarborOne Bancorp, Inc. (NASDAQ: HONE), the holding company of HarborOne Bank, is making waves in the financial industry with its recent announcement. The company s Board of Directors has declared a quarterly cash dividend of $0.075 per share, to be paid on October 30, 2023. Shareholders of record as of October 16, 2023, will be eligible to receiv...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) 18.62
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 2.95
Price to Sales (Expected) -
Price to Book 0.84
PEG (TTM) 0.28

Financial Strength Current
Quick Ratio -
Working Capital Ratio 0.01
Leverage Ratio (MRQ) 8.67
Total Debt to Equity 0.76
Interest Coverage (TTM) 1.27
Debt Coverage (TTM) 0.37

Per Share Current
Earnings (TTM) 0.65 $
Revenues (TTM) 4.11 $
Cash Flow (TTM) -
Cash -
Book Value 14.46 $
Dividend (TTM) 0.34 $

Efficiency Current
Revenue per Employee (TTM) 149,835
Net Income per Employee (TTM) 23,972
Receivable Turnover Ratio (TTM) -
Inventory Turnover Ratio (TTM) -
Asset Turnover Ratio (TTM) 0.03

Profitability Ratios Current
Gross Margin (MRQ) 96.41 %
Operating Margin (MRQ) 23.78 %
Net Margin (MRQ) 18.03 %
Net Cash Flow Margin (MRQ) -61.39 %
Effective Tax Rate (TTM) 19.5 %

Management Effectiveness Current
Return On Assets (TTM) 0.47 %
Return On Investment (TTM) 0.78 %
Return On Equity (TTM) 4.56 %
Dividend Yield 3.21 %
Pay out Ratio (TTM) 52.31 %



Harborone Bancorp Inc's Segments
HarborOne Bank    16.51 % of total Revenue
HarborOne Mortgage    11.27 % of total Revenue
Eliminations    -0.44 % of total Revenue





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