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Eastern Bankshares Completes Acquisition of HarborOne Bancorp

Story Highlights
  • Eastern Bankshares completed the acquisition of HarborOne Bancorp on November 1, 2025.
  • The merger strengthens Eastern’s market position, with most HarborOne shareholders opting for stock.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Eastern Bankshares Completes Acquisition of HarborOne Bancorp

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The latest update is out from HarborOne Bancorp ( (HONE) ).

On November 1, 2025, Eastern Bankshares, Inc. completed its acquisition of HarborOne Bancorp, Inc. and its subsidiaries, marking a significant consolidation in the banking industry. The merger, initially agreed upon in April 2025, resulted in Eastern Bank as the surviving entity, with HarborOne Mortgage continuing as a subsidiary until its integration into Eastern Bank in February 2026. The merger consideration allowed HarborOne shareholders to choose between stock or cash, with the majority opting for stock. This strategic move is expected to enhance Eastern’s market presence and operational capabilities.

The most recent analyst rating on (HONE) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on HarborOne Bancorp stock, see the HONE Stock Forecast page.

Spark’s Take on HONE Stock

According to Spark, TipRanks’ AI Analyst, HONE is a Neutral.

HarborOne Bancorp’s overall stock score is driven by its stable financial position and operational efficiency, despite some profitability concerns. Technical analysis shows mixed signals, with some potential for upward momentum. The valuation is moderate, offering a reasonable dividend yield but not indicating significant undervaluation. The absence of earnings call data and corporate events limits additional insights.

To see Spark’s full report on HONE stock, click here.

More about HarborOne Bancorp

HarborOne Bancorp, Inc. operates in the financial services industry, primarily offering banking and mortgage services through its subsidiaries, HarborOne Bank and HarborOne Mortgage, LLC.

Average Trading Volume: 381,580

Technical Sentiment Signal: Buy

Current Market Cap: $522.2M

For an in-depth examination of HONE stock, go to TipRanks’ Overview page.

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