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HarborOne Bancorp (HONE) Financials

HarborOne Bancorp logo
$11.52 +0.23 (+2.04%)
Closing price 05/2/2025 04:00 PM Eastern
Extended Trading
$11.52 0.00 (-0.03%)
As of 05/2/2025 04:09 PM Eastern
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Annual Income Statements for HarborOne Bancorp

Annual Income Statements for HarborOne Bancorp

This table shows HarborOne Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders
43 46 16 27
Consolidated Net Income / (Loss)
59 46 16 27
Net Income / (Loss) Continuing Operations
43 46 16 27
Total Pre-Tax Income
80 62 25 34
Total Revenue
216 206 169 173
Net Interest Income / (Expense)
270 149 127 126
Total Interest Income
144 172 244 271
Loans and Leases Interest Income
139 164 227 249
Investment Securities Interest Income
4.21 7.59 8.12 8.15
Other Interest Income
0.52 0.69 8.92 14
Total Interest Expense
13 23 117 146
Deposits Interest Expense
8.72 16 88 114
Long-Term Debt Interest Expense
2.10 2.10 2.78 0.00
Federal Funds Purchased and Securities Sold Interest Expense
1.71 5.22 26 32
Total Non-Interest Income
101 57 42 47
Service Charges on Deposit Accounts
18 20 21 22
Other Service Charges
2.82 14 13 12
Net Realized & Unrealized Capital Gains on Investments
62 21 5.72 9.92
Other Non-Interest Income
2.40 1.98 2.75 3.05
Provision for Credit Losses
-7.26 5.66 5.68 8.28
Total Non-Interest Expense
159 139 138 130
Salaries and Employee Benefits
102 83 74 74
Net Occupancy & Equipment Expense
29 29 29 29
Marketing Expense
3.64 3.92 3.71 3.33
Property & Liability Insurance Claims
1.34 1.45 3.49 4.35
Other Operating Expenses
22 21 18 20
Impairment Charge
0.00 0.00 11 0.00
Income Tax Expense
22 16 9.05 6.85
Basic Earnings per Share
$1.15 $0.98 $0.37 $0.66
Weighted Average Basic Shares Outstanding
50.75M 46.48M 43.22M 41.22M
Diluted Earnings per Share
$1.14 $0.97 $0.37 $0.66
Weighted Average Diluted Shares Outstanding
51.52M 47.12M 43.42M 41.47M
Weighted Average Basic & Diluted Shares Outstanding
51.37M 48.28M 45.24M 43.50M
Cash Dividends to Common per Share
$0.20 $0.28 $0.30 $0.32

Quarterly Income Statements for HarborOne Bancorp

This table shows HarborOne Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders
18 5.20 9.37 11 11 -15 6.63 12 9.22 -0.45
Consolidated Net Income / (Loss)
14 9.58 7.30 11 11 -13 7.30 12 9.22 -1.12
Net Income / (Loss) Continuing Operations
18 5.20 9.37 11 11 -15 6.63 12 9.22 -0.45
Total Pre-Tax Income
18 12 9.71 9.75 11 -5.26 9.74 9.51 4.29 11
Total Revenue
58 46 44 47 44 34 39 46 46 42
Net Interest Income / (Expense)
39 39 67 32 31 -2.84 61 31 32 1.08
Total Interest Income
45 52 56 61 63 64 67 68 69 68
Loans and Leases Interest Income
42 50 53 56 58 60 60 62 64 63
Investment Securities Interest Income
1.97 2.05 2.08 2.04 2.00 2.00 2.07 2.12 1.97 2.00
Other Interest Income
0.14 0.36 0.80 2.94 2.67 2.52 4.66 3.97 2.93 2.59
Total Interest Expense
5.22 13 22 21 26 49 36 27 30 52
Deposits Interest Expense
3.49 8.50 16 20 25 27 27 27 30 30
Total Non-Interest Income
14 9.90 8.69 13 12 8.90 11 12 11 14
Service Charges on Deposit Accounts
4.87 5.42 4.73 5.01 5.13 5.80 4.98 5.22 5.37 6.02
Other Service Charges
3.25 7.03 0.59 0.96 0.69 10 0.52 0.63 0.80 10
Net Realized & Unrealized Capital Gains on Investments
10 -6.51 2.22 0.00 0.00 3.50 2.01 -1.04 0.00 8.95
Other Non-Interest Income
0.50 0.50 2.19 0.51 0.53 -0.49 0.69 0.76 0.78 0.82
Provision for Credit Losses
0.67 2.11 1.87 3.28 -0.11 0.64 -0.17 0.62 5.90 1.93
Total Non-Interest Expense
34 35 32 32 32 43 32 33 32 33
Salaries and Employee Benefits
21 20 18 18 19 19 18 19 19 19
Net Occupancy & Equipment Expense
7.14 7.29 7.39 7.04 6.98 7.14 7.26 7.01 7.34 7.10
Marketing Expense
0.85 0.86 1.18 0.93 0.79 0.81 0.82 1.37 0.55 0.60
Other Operating Expenses
5.49 5.86 4.12 4.04 3.86 5.89 4.18 4.06 4.08 7.31
Income Tax Expense
4.68 2.76 2.42 2.28 2.51 1.85 2.44 2.21 0.37 1.83
Basic Earnings per Share
$0.30 $0.21 $0.16 $0.17 $0.20 ($0.16) $0.17 $0.18 $0.10 $0.21
Weighted Average Basic Shares Outstanding
45.83M 46.48M 44.86M 43.06M 42.88M 43.22M 41.91M 41.29M 40.98M 41.22M
Diluted Earnings per Share
$0.30 $0.21 $0.16 $0.17 $0.20 ($0.16) $0.17 $0.18 $0.10 $0.21
Weighted Average Diluted Shares Outstanding
46.42M 47.12M 45.28M 43.13M 42.98M 43.42M 42.13M 41.37M 41.34M 41.47M
Weighted Average Basic & Diluted Shares Outstanding
49.19M 48.28M 46.59M 46.55M 45.77M 45.24M 44.68M 44.41M 44.05M 43.50M

Annual Cash Flow Statements for HarborOne Bancorp

This table details how cash moves in and out of HarborOne Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents
-11 -97 129 3.72
Net Cash From Operating Activities
224 69 54 3.84
Net Cash From Continuing Operating Activities
224 69 54 3.84
Net Income / (Loss) Continuing Operations
59 46 16 27
Consolidated Net Income / (Loss)
59 46 16 27
Provision For Loan Losses
-7.26 5.66 5.68 8.28
Depreciation Expense
4.41 3.92 3.84 3.73
Amortization Expense
2.49 1.56 1.72 0.72
Non-Cash Adjustments to Reconcile Net Income
157 24 11 -20
Changes in Operating Assets and Liabilities, net
9.61 -11 16 -16
Net Cash From Investing Activities
-241 -952 -197 -77
Net Cash From Continuing Investing Activities
-241 -952 -197 -77
Purchase of Property, Leasehold Improvements and Equipment
-6.46 -2.27 -4.48 -1.24
Purchase of Investment Securities
-400 -922 -208 -118
Sale of Property, Leasehold Improvements and Equipment
0.00 0.69 0.87 1.48
Sale and/or Maturity of Investments
192 30 15 41
Other Investing Activities, net
-27 -58 0.00 0.00
Net Cash From Financing Activities
5.61 786 273 77
Net Cash From Continuing Financing Activities
5.61 786 273 77
Net Change in Deposits
176 507 198 163
Issuance of Debt
3.40 0.00 325 428
Repayment of Debt
-97 345 -192 -479
Repurchase of Common Equity
-69 -63 -45 -22
Payment of Dividends
-9.20 -12 -13 -13
Other Financing Activities, Net
1.37 9.44 -0.02 -0.20
Cash Income Taxes Paid
21 12 11 9.84

Quarterly Cash Flow Statements for HarborOne Bancorp

This table details how cash moves in and out of HarborOne Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Net Change in Cash & Equivalents
1.62 12 152 3.10 -6.07 -19 166 -158 -11 6.79
Net Cash From Operating Activities
32 16 9.67 32 28 -16 15 -40 25 3.49
Net Cash From Continuing Operating Activities
32 16 9.67 32 28 -16 15 -40 25 3.49
Net Income / (Loss) Continuing Operations
14 9.58 7.30 7.48 8.41 -7.11 7.30 7.30 3.92 8.89
Consolidated Net Income / (Loss)
14 9.58 7.30 7.48 8.41 -7.11 7.30 7.30 3.92 8.89
Provision For Loan Losses
0.67 2.11 1.87 3.28 -0.11 0.64 -0.17 0.62 5.90 1.93
Depreciation Expense
0.98 1.00 0.97 0.95 0.95 0.97 0.95 0.94 0.93 0.92
Amortization Expense
0.51 0.26 0.24 0.30 0.37 0.81 0.22 0.29 0.22 -0.01
Non-Cash Adjustments to Reconcile Net Income
11 5.75 6.23 -7.62 2.38 9.59 3.02 -25 17 -15
Changes in Operating Assets and Liabilities, net
5.53 -3.08 -6.94 28 16 -21 3.65 -24 -2.87 6.58
Net Cash From Investing Activities
-292 -358 -72 -79 -17 -30 -33 -38 -25 20
Net Cash From Continuing Investing Activities
-292 -358 -72 -79 -17 -30 -33 -38 -25 20
Purchase of Property, Leasehold Improvements and Equipment
-0.74 -0.93 -0.49 -2.13 -0.95 -0.92 -0.11 -0.22 -0.57 -0.34
Purchase of Investment Securities
-289 -359 -76 -75 -26 -31 -39 -63 -28 11
Sale and/or Maturity of Investments
-1.51 1.75 5.29 -1.38 9.96 0.95 5.47 24 3.58 8.54
Net Cash From Financing Activities
261 355 214 50 -18 27 184 -81 -10 -16
Net Cash From Continuing Financing Activities
261 355 214 50 -18 27 184 -81 -10 -16
Net Change in Deposits
35 306 52 46 122 -23 6.62 64 78 15
Issuance of Debt
- - 190 -15 80 70 317 110 -243 243
Repayment of Debt
240 55 -0.01 29 -209 -12 -131 -245 163 -266
Repurchase of Common Equity
-11 -5.26 -27 -5.81 -6.48 -5.79 -6.26 -6.09 -4.25 -4.94
Payment of Dividends
-3.49 -2.53 -3.44 -3.48 -3.47 -2.43 -3.50 -3.57 -3.53 -2.51
Other Financing Activities, Net
0.20 1.19 2.05 -0.51 -0.92 -0.64 1.49 -0.73 -0.33 -0.64
Cash Income Taxes Paid
3.40 3.65 1.13 3.87 2.50 3.47 2.10 2.27 2.87 2.60

Annual Balance Sheets for HarborOne Bancorp

This table presents HarborOne Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2021 2022 2023 2024
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets
4,553 5,360 5,668 5,753
Cash and Due from Banks
195 98 227 231
Trading Account Securities
394 321 310 284
Loans and Leases, Net of Allowance
3,562 4,504 4,702 4,796
Loans and Leases
3,608 4,550 4,750 4,852
Allowance for Loan and Lease Losses
45 45 48 56
Loans Held for Sale
3,608 19 20 37
Premises and Equipment, Net
51 49 49 46
Goodwill
70 70 59 59
Intangible Assets
3.16 2.27 1.52 0.76
Other Assets
233 296 299 299
Total Liabilities & Shareholders' Equity
4,553 5,360 5,668 5,753
Total Liabilities
3,874 4,743 5,084 5,178
Interest Bearing Deposits
3,683 4,189 4,387 4,551
Accrued Interest Payable
1.08 2.33 5.25 6.58
Long-Term Debt
90 50 568 517
Other Long-Term Liabilities
101 116 123 104
Commitments & Contingencies
0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
679 617 584 575
Total Preferred & Common Equity
679 617 584 575
Total Common Equity
679 617 584 575
Common Stock
471 484 487 490
Retained Earnings
326 356 360 374
Treasury Stock
-86 -148 -194 -215
Accumulated Other Comprehensive Income / (Loss)
-1.64 -47 -44 -50
Other Equity Adjustments
-29 -28 -26 -24

Quarterly Balance Sheets for HarborOne Bancorp

This table presents HarborOne Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024
Total Assets
4,988 5,573 5,659 5,664 5,862 5,787 5,776
Cash and Due from Banks
86 250 253 247 393 235 224
Trading Account Securities
320 323 312 291 311 289 296
Loans and Leases, Net of Allowance
4,153 4,576 4,650 4,675 4,729 4,790 4,825
Loans and Leases
4,197 4,623 4,698 4,723 4,777 4,839 4,880
Allowance for Loan and Lease Losses
45 47 48 48 48 49 54
Loans Held for Sale
19 4,590 21 18 16 42 28
Premises and Equipment, Net
49 49 49 49 48 47 47
Goodwill
70 70 70 70 59 59 59
Intangible Assets
2.46 2.08 1.89 1.70 1.33 1.14 0.95
Other Assets
289 290 303 314 305 324 294
Total Liabilities & Shareholders' Equity
4,988 5,573 5,659 5,664 5,862 5,787 5,776
Total Liabilities
4,376 4,973 5,064 5,080 5,285 5,210 5,192
Interest Bearing Deposits
3,883 4,242 4,287 4,410 4,394 4,458 4,536
Accrued Interest Payable
0.95 3.25 4.85 4.62 7.30 8.26 12
Long-Term Debt
50 200 639 510 754 619 539
Other Long-Term Liabilities
112 103 132 155 129 124 105
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
611 600 596 585 578 577 584
Total Preferred & Common Equity
611 600 596 585 578 577 584
Total Common Equity
611 600 596 585 578 577 584
Common Stock
481 484 485 486 488 489 490
Retained Earnings
350 360 365 370 364 368 368
Treasury Stock
-143 -176 -181 -188 -200 -206 -210
Accumulated Other Comprehensive Income / (Loss)
-49 -42 -46 -57 -49 -48 -39
Other Equity Adjustments
-28 -27 -27 -26 -25 -25 -24

Annual Metrics and Ratios for HarborOne Bancorp

This table displays calculated financial ratios and metrics derived from HarborOne Bancorp's official financial filings.

Metric 2021 2022 2023 2024
Period end date 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics
- - - -
Revenue Growth
-43.98% -4.63% -18.02% 2.04%
EBITDA Growth
-63.05% -6.15% -54.35% 26.16%
EBIT Growth
-65.09% -4.61% -59.30% 36.35%
NOPAT Growth
30.64% -22.09% -64.73% 70.47%
Net Income Growth
30.64% -22.09% -64.73% 70.47%
EPS Growth
39.02% -14.91% -61.86% 78.38%
Operating Cash Flow Growth
932.20% -69.28% -22.34% -92.82%
Free Cash Flow Firm Growth
-22.97% -240.51% 64.50% 204.58%
Invested Capital Growth
-12.54% 36.77% 9.53% -5.26%
Revenue Q/Q Growth
0.00% 0.00% -6.22% 4.29%
EBITDA Q/Q Growth
0.00% 0.00% -36.72% 65.29%
EBIT Q/Q Growth
0.00% 0.00% -42.17% 89.30%
NOPAT Q/Q Growth
0.00% 0.00% -50.93% 140.22%
Net Income Q/Q Growth
0.00% 0.00% -58.72% 79.82%
EPS Q/Q Growth
0.00% 0.00% -50.00% 127.59%
Operating Cash Flow Q/Q Growth
0.00% -37.57% -37.20% 124.42%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 598.29%
Invested Capital Q/Q Growth
0.00% 0.00% 5.28% -2.85%
Profitability Metrics
- - - -
EBITDA Margin
33.11% 32.58% 18.14% 22.43%
EBIT Margin
29.92% 29.92% 14.86% 19.85%
Profit (Net Income) Margin
27.05% 22.10% 9.51% 15.88%
Tax Burden Percent
72.74% 73.85% 63.99% 80.00%
Interest Burden Percent
124.32% 100.00% 100.00% 100.00%
Effective Tax Rate
27.26% 26.15% 36.01% 20.00%
Return on Invested Capital (ROIC)
7.10% 5.01% 1.46% 2.44%
ROIC Less NNEP Spread (ROIC-NNEP)
7.10% 5.01% 1.46% 2.44%
Return on Net Nonoperating Assets (RNNOA)
1.41% 2.03% 1.22% 2.29%
Return on Equity (ROE)
8.51% 7.03% 2.68% 4.73%
Cash Return on Invested Capital (CROIC)
20.48% -26.05% -7.64% 7.85%
Operating Return on Assets (OROA)
1.43% 1.25% 0.46% 0.60%
Return on Assets (ROA)
1.30% 0.92% 0.29% 0.48%
Return on Common Equity (ROCE)
8.51% 7.03% 2.68% 4.73%
Return on Equity Simple (ROE_SIMPLE)
8.61% 7.39% 2.75% 4.77%
Net Operating Profit after Tax (NOPAT)
59 46 16 27
NOPAT Margin
27.05% 22.10% 9.51% 15.88%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
62.12% 56.29% 62.78% 61.46%
Operating Expenses to Revenue
73.44% 67.33% 81.79% 75.35%
Earnings before Interest and Taxes (EBIT)
65 62 25 34
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
72 67 31 39
Valuation Ratios
- - - -
Price to Book Value (P/BV)
0.00 1.00 0.86 0.85
Price to Tangible Book Value (P/TBV)
0.00 1.14 0.96 0.95
Price to Revenue (P/Rev)
0.00 3.00 2.97 2.84
Price to Earnings (P/E)
0.00 13.57 31.25 17.90
Dividend Yield
0.00% 2.13% 2.55% 2.71%
Earnings Yield
0.00% 7.37% 3.20% 5.59%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.91 0.73 0.71
Enterprise Value to Revenue (EV/Rev)
0.00 4.63 4.99 4.50
Enterprise Value to EBITDA (EV/EBITDA)
0.00 14.22 27.49 20.05
Enterprise Value to EBIT (EV/EBIT)
0.00 15.48 33.57 22.66
Enterprise Value to NOPAT (EV/NOPAT)
0.00 20.96 52.47 28.32
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 13.87 15.76 202.11
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 8.81
Leverage & Solvency
- - - -
Debt to Equity
0.13 0.71 0.97 0.90
Long-Term Debt to Equity
0.13 0.08 0.97 0.90
Financial Leverage
0.20 0.40 0.84 0.94
Leverage Ratio
6.57 7.65 9.18 9.86
Compound Leverage Factor
8.17 7.65 9.18 9.86
Debt to Total Capital
11.68% 41.35% 49.34% 47.32%
Short-Term Debt to Total Capital
0.00% 36.60% 0.00% 0.00%
Long-Term Debt to Total Capital
11.68% 4.75% 49.34% 47.32%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
88.32% 58.65% 50.66% 52.68%
Debt to EBITDA
1.25 6.47 18.53 13.34
Net Debt to EBITDA
-1.46 5.01 11.12 7.37
Long-Term Debt to EBITDA
1.25 0.74 18.53 13.34
Debt to NOPAT
1.54 9.54 35.36 18.85
Net Debt to NOPAT
-1.79 7.39 21.22 10.42
Long-Term Debt to NOPAT
1.54 1.10 35.36 18.85
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - -
Cash Flow Metrics
- - - -
Free Cash Flow to Firm (FCFF)
169 -237 -84 88
Operating Cash Flow to CapEx
3,473.13% 4,360.70% 1,483.45% 0.00%
Free Cash Flow to Firm to Interest Expense
13.48 -10.34 -0.72 0.60
Operating Cash Flow to Interest Expense
17.91 3.00 0.46 0.03
Operating Cash Flow Less CapEx to Interest Expense
17.39 2.93 0.43 0.03
Efficiency Ratios
- - - -
Asset Turnover
0.05 0.04 0.03 0.03
Fixed Asset Turnover
4.31 4.13 3.46 3.63
Capital & Investment Metrics
- - - -
Invested Capital
769 1,052 1,152 1,092
Invested Capital Turnover
0.26 0.23 0.15 0.15
Increase / (Decrease) in Invested Capital
-110 283 100 -61
Enterprise Value (EV)
0.00 956 843 776
Market Capitalization
0.00 619 502 491
Book Value per Share
$12.00 $12.54 $12.76 $13.05
Tangible Book Value per Share
$10.71 $11.08 $11.43 $11.70
Total Capital
769 1,052 1,152 1,092
Total Debt
90 435 568 517
Total Long-Term Debt
90 50 568 517
Net Debt
-105 337 341 285
Capital Expenditures (CapEx)
6.46 1.58 3.61 -0.24
Net Nonoperating Expense (NNE)
0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)
90 435 568 517
Total Depreciation and Amortization (D&A)
6.90 5.49 5.56 4.45
Earnings Adjustments
- - - -
Adjusted Basic Earnings per Share
$1.15 $0.98 $0.37 $0.66
Adjusted Weighted Average Basic Shares Outstanding
50.75M 46.48M 43.22M 41.22M
Adjusted Diluted Earnings per Share
$1.14 $0.97 $0.37 $0.66
Adjusted Weighted Average Diluted Shares Outstanding
51.52M 47.12M 43.42M 41.47M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
51.37M 48.28M 45.24M 43.50M
Normalized Net Operating Profit after Tax (NOPAT)
59 46 23 27
Normalized NOPAT Margin
27.05% 22.10% 13.58% 15.88%
Pre Tax Income Margin
37.19% 29.92% 14.86% 19.85%
Debt Service Ratios
- - - -
EBIT to Interest Expense
5.17 2.69 0.21 0.24
NOPAT to Interest Expense
4.67 1.99 0.14 0.19
EBIT Less CapEx to Interest Expense
4.65 2.62 0.18 0.24
NOPAT Less CapEx to Interest Expense
4.16 1.92 0.11 0.19
Payout Ratios
- - - -
Dividend Payout Ratio
15.71% 26.73% 79.78% 47.83%
Augmented Payout Ratio
134.00% 163.88% 360.96% 126.45%

Quarterly Metrics and Ratios for HarborOne Bancorp

This table displays calculated financial ratios and metrics derived from HarborOne Bancorp's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Period end date 9/30/2022 12/31/2022 3/31/2023 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
13.62% 0.00% -19.64% -2.12% -24.39% -24.58% -12.11% -0.97% 4.87% 20.64%
EBITDA Growth
70.52% 0.00% -43.57% 14.49% -47.06% -175.57% -30.03% 6.81% -35.28% 199.54%
EBIT Growth
70.52% 0.00% -45.52% 14.49% -47.06% -206.30% -32.99% 6.81% -35.28% 171.15%
NOPAT Growth
12.23% 0.00% -40.52% -25.11% -38.86% -138.45% 0.04% -2.45% -53.35% 341.32%
Net Income Growth
12.23% 0.00% -40.52% 9.38% -18.99% -238.77% 0.04% 9.91% -17.24% 91.54%
EPS Growth
25.00% 0.00% -36.00% -19.05% -33.33% -176.19% 6.25% 5.88% -50.00% 231.25%
Operating Cash Flow Growth
0.00% -72.65% -34.07% 0.00% 0.00% -202.97% 54.93% 0.00% 0.00% 121.69%
Free Cash Flow Firm Growth
0.00% 0.00% 0.00% 38.68% 90.31% 0.00% 91.79% 109.74% 73.45% 166.89%
Invested Capital Growth
0.00% 0.00% 0.00% 61.49% 10.41% 9.53% 8.76% -3.06% 2.66% -5.26%
Revenue Q/Q Growth
21.61% -21.35% 0.00% 5.81% -6.06% -21.55% 0.00% 19.21% -0.51% -9.76%
EBITDA Q/Q Growth
124.07% -55.69% 0.00% -2.36% 3.60% -163.26% 0.00% 49.04% -37.23% -2.69%
EBIT Q/Q Growth
124.07% -61.18% 0.00% 8.64% 3.60% -177.95% 0.00% 73.16% -37.23% -14.30%
NOPAT Q/Q Growth
37.76% -30.39% 0.00% 2.49% 12.47% -143.78% 0.00% -0.05% -46.22% 126.48%
Net Income Q/Q Growth
37.76% -30.39% 0.00% 49.71% 2.03% -219.24% 0.00% 64.48% -23.18% -112.19%
EPS Q/Q Growth
42.86% -30.00% 0.00% 6.25% 17.65% -180.00% 0.00% 5.88% -44.44% 110.00%
Operating Cash Flow Q/Q Growth
0.00% -51.55% 0.00% 0.00% 0.00% -157.38% 0.00% 0.00% 0.00% -86.01%
Free Cash Flow Firm Q/Q Growth
-29.58% 100.00% 0.00% 62.01% 79.51% -9.71% 0.00% 145.05% -155.85% 376.42%
Invested Capital Q/Q Growth
29.69% 6.12% 0.00% 0.79% -11.34% 5.28% 0.00% -10.16% -6.11% -2.85%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
39.44% 22.22% 27.13% 25.04% 27.61% -22.27% 21.60% 27.00% 17.04% 18.37%
EBIT Margin
39.44% 19.46% 24.38% 25.04% 27.61% -27.43% 18.59% 27.00% 17.04% 16.18%
Profit (Net Income) Margin
23.71% 20.99% 16.53% 23.39% 25.41% -38.62% 18.82% 25.96% 20.05% -2.71%
Tax Burden Percent
74.63% 77.63% 75.13% 112.00% 102.08% 252.61% 74.94% 126.26% 215.01% -10.49%
Interest Burden Percent
80.57% 138.90% 90.25% 83.42% 90.14% 55.72% 135.07% 76.15% 54.73% 159.51%
Effective Tax Rate
25.37% 22.37% 24.87% 23.32% 22.96% 0.00% 25.06% 23.28% 8.53% 17.07%
Return on Invested Capital (ROIC)
0.00% 4.12% 0.00% 0.00% 0.00% -1.64% 0.00% 0.00% 0.00% 3.29%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 4.12% 0.00% 0.00% 0.00% -3.56% 0.00% 0.00% 0.00% 1.45%
Return on Net Nonoperating Assets (RNNOA)
0.00% 2.90% 0.00% 0.00% 0.00% -2.97% 0.00% 0.00% 0.00% 1.36%
Return on Equity (ROE)
0.00% 7.02% 0.00% 0.00% 0.00% -4.61% 0.00% 0.00% 0.00% 4.65%
Cash Return on Invested Capital (CROIC)
0.00% -22.55% 0.00% 0.00% 0.00% -7.64% 0.00% 0.00% 0.00% 7.85%
Operating Return on Assets (OROA)
0.00% 0.81% 0.00% 0.00% 0.00% -0.84% 0.00% 0.00% 0.00% 0.49%
Return on Assets (ROA)
0.00% 0.87% 0.00% 0.00% 0.00% -1.18% 0.00% 0.00% 0.00% -0.08%
Return on Common Equity (ROCE)
0.00% 7.02% 0.00% 0.00% 0.00% -4.61% 0.00% 0.00% 0.00% 4.65%
Return on Equity Simple (ROE_SIMPLE)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)
14 9.58 7.30 7.48 8.41 -3.68 7.30 7.30 3.92 8.89
NOPAT Margin
23.71% 20.99% 16.53% 16.02% 19.17% -10.70% 18.82% 15.78% 8.53% 21.41%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00% -0.88% -0.61% 1.91% 0.00% -0.75% -1.01% 1.85%
SG&A Expenses to Revenue
49.95% 61.93% 59.74% 56.06% 60.34% 78.90% 66.28% 59.15% 57.46% 63.96%
Operating Expenses to Revenue
59.41% 75.92% 71.39% 67.93% 72.65% 125.56% 81.84% 71.67% 70.13% 79.18%
Earnings before Interest and Taxes (EBIT)
23 8.88 11 12 12 -9.44 7.21 12 7.84 6.72
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
23 10 12 12 12 -7.66 8.38 12 7.84 7.63
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.00 1.00 0.00 0.00 0.00 0.86 0.00 0.00 0.00 0.85
Price to Tangible Book Value (P/TBV)
0.00 1.14 0.00 0.00 0.00 0.96 0.00 0.00 0.00 0.95
Price to Revenue (P/Rev)
0.00 3.00 0.00 0.00 0.00 2.97 0.00 0.00 0.00 2.84
Price to Earnings (P/E)
0.00 13.57 0.00 0.00 0.00 31.25 0.00 0.00 0.00 17.90
Dividend Yield
0.00% 2.13% 0.00% 0.00% 0.00% 2.55% 0.00% 0.00% 0.00% 2.71%
Earnings Yield
0.00% 7.37% 0.00% 0.00% 0.00% 3.20% 0.00% 0.00% 0.00% 5.59%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.91 0.00 0.00 0.00 0.73 0.00 0.00 0.00 0.71
Enterprise Value to Revenue (EV/Rev)
0.00 4.63 0.00 0.00 0.00 4.99 0.00 0.00 0.00 4.50
Enterprise Value to EBITDA (EV/EBITDA)
0.00 14.22 0.00 0.00 0.00 27.49 0.00 0.00 0.00 20.05
Enterprise Value to EBIT (EV/EBIT)
0.00 15.48 0.00 0.00 0.00 33.57 0.00 0.00 0.00 22.66
Enterprise Value to NOPAT (EV/NOPAT)
0.00 20.96 0.00 0.00 0.00 52.47 0.00 0.00 0.00 28.32
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 13.87 0.00 0.00 0.00 15.76 0.00 0.00 0.00 202.11
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.81
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.62 0.71 1.04 1.07 0.87 0.97 1.31 1.07 0.92 0.90
Long-Term Debt to Equity
0.08 0.08 0.33 1.07 0.87 0.97 1.31 1.07 0.92 0.90
Financial Leverage
0.62 0.71 1.04 0.64 0.74 0.84 1.17 1.07 0.90 0.94
Leverage Ratio
8.16 7.65 9.29 8.49 8.91 9.18 9.71 9.76 9.79 9.86
Compound Leverage Factor
6.57 10.62 8.39 7.09 8.03 5.12 13.12 7.43 5.36 15.72
Debt to Total Capital
38.33% 41.35% 51.03% 51.76% 46.58% 49.34% 56.63% 51.76% 48.00% 47.32%
Short-Term Debt to Total Capital
33.29% 36.60% 34.70% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
5.04% 4.75% 16.33% 51.76% 46.58% 49.34% 56.63% 51.76% 48.00% 47.32%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
61.67% 58.65% 48.97% 48.24% 53.42% 50.66% 43.37% 48.24% 52.00% 52.68%
Debt to EBITDA
0.00 6.47 0.00 0.00 0.00 18.53 0.00 0.00 0.00 13.34
Net Debt to EBITDA
0.00 5.01 0.00 0.00 0.00 11.12 0.00 0.00 0.00 7.37
Long-Term Debt to EBITDA
0.00 0.74 0.00 0.00 0.00 18.53 0.00 0.00 0.00 13.34
Debt to NOPAT
0.00 9.54 0.00 0.00 0.00 35.36 0.00 0.00 0.00 18.85
Net Debt to NOPAT
0.00 7.39 0.00 0.00 0.00 21.22 0.00 0.00 0.00 10.42
Long-Term Debt to NOPAT
0.00 1.10 0.00 0.00 0.00 35.36 0.00 0.00 0.00 18.85
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-978 0.00 -1,217 -463 -95 -104 -100 45 -25 70
Operating Cash Flow to CapEx
0.00% 1,678.82% 1,968.43% 0.00% 0.00% -38,276.19% 13,612.73% 0.00% 0.00% 1,028.61%
Free Cash Flow to Firm to Interest Expense
-187.13 0.00 -56.52 -22.47 -3.70 -2.11 -2.75 1.65 -0.84 1.33
Operating Cash Flow to Interest Expense
0.00 1.23 0.45 0.00 0.00 -0.33 0.41 0.00 0.00 0.07
Operating Cash Flow Less CapEx to Interest Expense
0.00 1.15 0.43 0.00 0.00 -0.33 0.41 0.00 0.00 0.06
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.00 0.04 0.00 0.00 0.00 0.03 0.00 0.00 0.00 0.03
Fixed Asset Turnover
0.00 4.13 0.00 0.00 0.00 3.46 0.00 0.00 0.00 3.63
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
991 1,052 1,225 1,234 1,094 1,152 1,332 1,197 1,124 1,092
Invested Capital Turnover
0.00 0.20 0.00 0.00 0.00 0.15 0.00 0.00 0.00 0.15
Increase / (Decrease) in Invested Capital
991 0.00 1,225 470 103 100 107 -38 29 -61
Enterprise Value (EV)
0.00 956 0.00 0.00 0.00 843 0.00 0.00 0.00 776
Market Capitalization
0.00 619 0.00 0.00 0.00 502 0.00 0.00 0.00 491
Book Value per Share
$12.19 $12.54 $12.42 $12.78 $12.56 $12.76 $12.77 $12.92 $13.16 $13.05
Tangible Book Value per Share
$10.75 $11.08 $10.94 $11.24 $11.02 $11.43 $11.44 $11.58 $11.80 $11.70
Total Capital
991 1,052 1,225 1,234 1,094 1,152 1,332 1,197 1,124 1,092
Total Debt
380 435 625 639 510 568 754 619 539 517
Total Long-Term Debt
50 50 200 639 510 568 754 619 539 517
Net Debt
294 337 375 386 263 341 361 384 315 285
Capital Expenditures (CapEx)
0.00 0.93 0.49 0.00 0.00 0.04 0.11 0.00 0.00 0.34
Net Nonoperating Expense (NNE)
0.00 0.00 0.00 -3.45 -2.73 9.61 0.00 -4.71 -5.30 10
Net Nonoperating Obligations (NNO)
380 435 625 639 510 568 754 619 539 517
Total Depreciation and Amortization (D&A)
0.00 1.26 1.21 0.00 0.00 1.78 1.17 0.00 0.00 0.91
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.30 $0.21 $0.16 $0.17 $0.20 ($0.16) $0.17 $0.18 $0.10 $0.21
Adjusted Weighted Average Basic Shares Outstanding
45.83M 46.48M 44.86M 43.06M 42.88M 43.22M 41.91M 41.29M 40.98M 41.22M
Adjusted Diluted Earnings per Share
$0.30 $0.21 $0.16 $0.17 $0.20 ($0.16) $0.17 $0.18 $0.10 $0.21
Adjusted Weighted Average Diluted Shares Outstanding
46.42M 47.12M 45.28M 43.13M 42.98M 43.42M 42.13M 41.37M 41.34M 41.47M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
49.19M 48.28M 46.59M 46.55M 45.77M 45.24M 44.68M 44.41M 44.05M 43.50M
Normalized Net Operating Profit after Tax (NOPAT)
14 9.58 7.30 7.48 8.41 -3.68 7.30 7.30 3.92 8.89
Normalized NOPAT Margin
23.71% 20.99% 16.53% 16.02% 19.17% -10.70% 18.82% 15.78% 8.53% 21.41%
Pre Tax Income Margin
31.77% 27.03% 22.01% 20.89% 24.89% -15.29% 25.11% 20.56% 9.32% 25.81%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
4.38 0.70 0.50 0.57 0.47 -0.19 0.20 0.46 0.26 0.13
NOPAT to Interest Expense
2.63 0.75 0.34 0.36 0.33 -0.07 0.20 0.27 0.13 0.17
EBIT Less CapEx to Interest Expense
0.00 0.62 0.48 0.00 0.00 -0.19 0.20 0.00 0.00 0.12
NOPAT Less CapEx to Interest Expense
0.00 0.68 0.32 0.00 0.00 -0.08 0.20 0.00 0.00 0.16
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 26.73% 0.00% 0.00% 0.00% 79.78% 0.00% 0.00% 0.00% 47.83%
Augmented Payout Ratio
0.00% 163.88% 0.00% 0.00% 0.00% 360.96% 0.00% 0.00% 0.00% 126.45%

Frequently Asked Questions About HarborOne Bancorp's Financials

When does HarborOne Bancorp's fiscal year end?

According to the most recent income statement we have on file, HarborOne Bancorp's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has HarborOne Bancorp's net income changed over the last 3 years?

HarborOne Bancorp's net income appears to be on a downward trend, with a most recent value of $27.41 million in 2024, falling from $58.52 million in 2021. The previous period was $16.08 million in 2023. View HarborOne Bancorp's forecast to see where analysts expect HarborOne Bancorp to go next.

How has HarborOne Bancorp revenue changed over the last 3 years?

Over the last 3 years, HarborOne Bancorp's total revenue changed from $216.32 million in 2021 to $172.57 million in 2024, a change of -20.2%.

How much debt does HarborOne Bancorp have?

HarborOne Bancorp's total liabilities were at $5.18 billion at the end of 2024, a 1.8% increase from 2023, and a 33.7% increase since 2021.

How much cash does HarborOne Bancorp have?

In the past 3 years, HarborOne Bancorp's cash and equivalents has ranged from $98.02 million in 2022 to $231.07 million in 2024, and is currently $231.07 million as of their latest financial filing in 2024.

How has HarborOne Bancorp's book value per share changed over the last 3 years?

Over the last 3 years, HarborOne Bancorp's book value per share changed from 12.00 in 2021 to 13.05 in 2024, a change of 8.8%.



This page (NASDAQ:HONE) was last updated on 5/4/2025 by MarketBeat.com Staff
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