Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
271.41M | 163.44M | 204.91M | 226.32M | 248.94M | Gross Profit |
271.41M | 163.44M | 2.38M | 226.32M | 248.94M | EBIT |
262.64M | 26.79M | 84.67M | 80.45M | 58.01M | EBITDA |
0.00 | 20.63M | 56.60M | 70.24M | 48.05M | Net Income Common Stockholders |
27.41M | 16.08M | 45.59M | 58.52M | 44.79M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
231.07M | 227.35M | 399.17M | 588.75M | 482.37M | Total Assets |
5.75B | 5.67B | 5.36B | 4.55B | 4.48B | Total Debt |
516.55M | 568.46M | 434.96M | 89.87M | 183.13M | Net Debt |
-44.09M | 341.11M | 336.94M | -104.85M | -22.74M | Total Liabilities |
5.18B | 5.08B | 4.74B | 3.87B | 3.79B | Stockholders Equity |
575.01M | 583.76M | 616.98M | 679.26M | 696.31M |
Cash Flow | Free Cash Flow | |||
13.54M | 49.03M | 66.63M | 217.84M | -32.69M | Operating Cash Flow |
13.54M | 53.51M | 68.90M | 224.29M | -26.95M | Investing Cash Flow |
1.12M | -196.71M | -952.02M | -241.05M | -318.85M | Financing Cash Flow |
-33.15M | 272.54M | 786.42M | 5.61M | 340.06M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
77 Outperform | $420.31M | 9.80 | 15.17% | 1.28% | 6.99% | 12.46% | |
74 Outperform | $464.24M | 9.39 | 9.27% | 3.47% | 15.26% | 160.27% | |
67 Neutral | $406.76M | 13.75 | 7.61% | 4.48% | 16.37% | 0.52% | |
66 Neutral | $486.86M | 18.12 | 4.44% | 2.83% | 5.42% | 67.14% | |
63 Neutral | $12.46B | 9.56 | 8.14% | 17044.64% | 12.63% | -4.25% | |
61 Neutral | $452.66M | 31.13 | 4.21% | ― | 60.34% | -63.03% | |
49 Neutral | $413.58M | ― | -9.34% | 1.00% | 6.75% | 62.30% |
On April 24, 2025, Eastern Bankshares, Inc. and HarborOne Bancorp, Inc. announced a definitive merger agreement, where HarborOne will merge into Eastern in a stock and cash transaction valued at approximately $490 million. This merger aims to solidify Eastern’s position in Greater Boston and expand its reach into Rhode Island, with anticipated benefits including 16% earnings per share accretion and enhanced customer offerings. The merger, expected to close in the fourth quarter of 2025, is subject to regulatory approvals and HarborOne shareholder approval. The transaction is seen as a strategic fit with shared values and a focus on customer-centric banking, promising to deliver sustained value to shareholders.
Spark’s Take on HONE Stock
According to Spark, TipRanks’ AI Analyst, HONE is a Neutral.
HarborOne Bancorp has demonstrated strong financial growth with excellent revenue expansion and a stable balance sheet, thanks to no debt and increased net income. However, the stock faces challenges with bearish technical indicators and cash flow consistency. Valuation metrics are favorable, with a reasonable P/E ratio and a solid dividend yield. The company’s recent significant income growth adds a positive outlook, though technical weaknesses remain a concern.
To see Spark’s full report on HONE stock, click here.
On April 24, 2025, HarborOne Bancorp, Inc. reported a net income of $5.5 million for the first quarter of 2025, a 38.1% decrease from the previous quarter. This decline was primarily due to a reduction in mortgage banking income. Despite the decrease in net income, the company saw improvements in its net interest margin and an increase in deposits. The quarter also featured a 12.5% increase in the quarterly dividend and share repurchases, reflecting a strategic focus on shareholder value. The company faced challenges with a decline in noninterest income and a decrease in loan balances, but managed to improve its loans-to-deposits ratio and reduce borrowing costs.
Spark’s Take on HONE Stock
According to Spark, TipRanks’ AI Analyst, HONE is a Neutral.
HarborOne Bancorp has demonstrated strong financial growth with excellent revenue expansion and a stable balance sheet, thanks to no debt and increased net income. However, the stock faces challenges with bearish technical indicators and cash flow consistency. Valuation metrics are favorable, with a reasonable P/E ratio and a solid dividend yield. The company’s recent significant income growth adds a positive outlook, though technical weaknesses remain a concern.
To see Spark’s full report on HONE stock, click here.