HarborOne Bancorp Financials

HONE Stock  USD 10.57  0.18  1.67%   
Based on the analysis of HarborOne Bancorp's profitability, liquidity, and operating efficiency, HarborOne Bancorp is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. At present, HarborOne Bancorp's Accounts Payable is projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 6 B, whereas Short and Long Term Debt Total is forecasted to decline to about 387.9 M. Key indicators impacting HarborOne Bancorp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.0960.101
Notably Down
Slightly volatile
Return On Assets0.00410.0048
Fairly Down
Slightly volatile
Return On Equity0.03280.0477
Way Down
Slightly volatile
Debt Equity Ratio0.990.8983
Significantly Up
Slightly volatile
Operating Income275.8 M262.6 M
Sufficiently Up
Slightly volatile
Current Ratio36.0437.9413
Notably Down
Pretty Stable
The financial analysis of HarborOne Bancorp is a critical element in measuring its lifeblood. Investors should not minimize HarborOne Bancorp's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

24.67 Million

  
Understanding current and past HarborOne Bancorp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of HarborOne Bancorp's financial statements are interrelated, with each one affecting the others. For example, an increase in HarborOne Bancorp's assets may result in an increase in income on the income statement.
Please note, the presentation of HarborOne Bancorp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, HarborOne Bancorp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of HarborOne Bancorp's management manipulating its earnings.

HarborOne Bancorp Stock Summary

HarborOne Bancorp competes with Independent Bank, Richmond Mutual, Berkshire Hills, Southern Missouri, and IF Bancorp. 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 was founded in 1917 and is based in Brockton, Massachusetts. Harborone Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 635 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS41165Y1001
CUSIP41165Y100 41165F101
LocationMassachusetts; U.S.A
Business Address770 Oak Street,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.harboronebancorp.com
Phone508 895 1000
CurrencyUSD - US Dollar

HarborOne Bancorp Key Financial Ratios

HarborOne Bancorp Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets4.5B4.6B5.4B5.7B5.8B4.3B
Other Current Liab(36.3M)973K(387.3M)1.9B(6.6M)(6.2M)
Other Liab39.1M22.7M101.6M49.0M56.4M45.8M
Net Tangible Assets590.0M622.1M606.3M544.9M626.6M445.5M
Net Debt(22.7M)(104.8M)336.9M341.1M(44.1M)(41.9M)
Retained Earnings277.3M325.7M356.4M359.7M373.9M292.9M
Accounts Payable1.3M1.1M2.3M5.3M6.6M6.9M
Cash205.9M194.7M98.0M227.4M44.1M41.9M
Other Assets3.6B3.4B4.5B348K5.4B3.4B
Long Term Debt148.1M89.9M50.0M265.5M304.6M160.9M
Net Receivables11.9M10.6M15.1M18.2M18.4M11.6M
Inventory(218.3M)(206.3M)(113.2M)20.7M18.6M19.6M
Other Current Assets218.3M206.3M113.2M245.9M221.3M210.2M
Total Liab3.8B3.9B4.7B5.1B5.2B3.8B
Short Long Term Debt35M0.0385M303M212M159.7M
Total Current Assets494.2M599.4M414.3M245.5M249.5M237.0M
Short Term Debt35M3.1M385M303M348.5M365.9M
Intangible Assets29.2M41.4M50.4M47.6M757K719.2K

HarborOne Bancorp Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense28.5M12.5M22.9M117.0M145.8M153.0M
Total Revenue248.9M226.3M204.9M163.4M271.4M179.3M
Gross Profit248.9M226.3M2.4M163.4M271.4M158.6M
Operating Income58.0M80.5M84.7M26.8M262.6M275.8M
Ebit42.4M64.6M51.8M16.0M18.4M17.5M
Ebitda48.0M70.2M56.6M20.6M23.7M41.8M
Income Before Tax58.0M80.5M61.7M25.1M34.3M33.5M
Net Income44.8M58.5M45.6M16.1M27.4M24.7M
Income Tax Expense13.2M21.9M16.1M9.0M6.9M8.8M
Tax Provision13.2M21.9M16.1M10.0M6.9M9.7M
Net Interest Income120.1M131.4M149.0M136.8M125.7M115.3M
Interest Income148.6M143.9M171.9M231.8M271.4M161.7M

HarborOne Bancorp Key Cash Accounts

202020212022202320242025 (projected)
Investments(318.9M)(128.7M)(952.0M)(525.1M)(76.7M)(80.5M)
Change In Cash(5.7M)(11.2M)(96.7M)129.3M(18.5M)(17.6M)
Net Borrowings(165.8M)(205.0M)(93.4M)345.0M396.7M416.5M
Free Cash Flow(32.7M)217.8M66.6M49.0M13.5M12.9M
Depreciation5.7M5.6M4.8M4.6M4.5M4.8M
Other Non Cash Items(77.4M)137.2M20.1M14.3M(14.3M)(13.6M)
Capital Expenditures5.7M6.5M2.3M4.5M1.2M1.2M
Net Income44.8M58.5M45.6M16.1M27.4M24.7M
End Period Cash Flow205.9M194.7M98.0M227.4M15.8M15.0M
Change To Netincome(56.5M)(75.8M)150.4M29.7M34.2M35.9M

HarborOne Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining HarborOne Bancorp's current stock value. Our valuation model uses many indicators to compare HarborOne Bancorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across HarborOne Bancorp competition to find correlations between indicators driving HarborOne Bancorp's intrinsic value. More Info.
HarborOne Bancorp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.10  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for HarborOne Bancorp is roughly  9.85 . At present, HarborOne Bancorp's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value HarborOne Bancorp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

HarborOne Bancorp Systematic Risk

HarborOne Bancorp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. HarborOne Bancorp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on HarborOne Bancorp correlated with the market. If Beta is less than 0 HarborOne Bancorp generally moves in the opposite direction as compared to the market. If HarborOne Bancorp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one HarborOne Bancorp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of HarborOne Bancorp is generally in the same direction as the market. If Beta > 1 HarborOne Bancorp moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in HarborOne Bancorp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various HarborOne Bancorp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of HarborOne Bancorp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.22

At present, HarborOne Bancorp's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

HarborOne Bancorp March 21, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of HarborOne Bancorp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of HarborOne Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of HarborOne Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing HarborOne Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build HarborOne Bancorp's daily price indicators and compare them against related drivers.

Complementary Tools for HarborOne Stock analysis

When running HarborOne Bancorp's price analysis, check to measure HarborOne Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HarborOne Bancorp is operating at the current time. Most of HarborOne Bancorp's value examination focuses on studying past and present price action to predict the probability of HarborOne Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HarborOne Bancorp's price. Additionally, you may evaluate how the addition of HarborOne Bancorp to your portfolios can decrease your overall portfolio volatility.
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