STOCK TITAN

HarborOne Bancorp Inc. - HONE STOCK NEWS

Welcome to our dedicated news page for HarborOne Bancorp (Ticker: HONE), a resource for investors and traders seeking the latest updates and insights on HarborOne Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect HarborOne Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of HarborOne Bancorp's position in the market.

Rhea-AI Summary
HarborOne Bancorp, Inc. reported net income of $7.3 million, or $0.17 per diluted share, for the first quarter of 2024, compared to a net loss of $7.1 million for the preceding quarter. Strong asset quality was highlighted, with nonperforming loans decreasing to 0.25%. Noninterest income increased by 20.6%, while noninterest expenses decreased by 26.5%. The company returned $9.2 million to shareholders through dividends and stock buybacks.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
HarborOne Bancorp, Inc. appoints Stephen W. Finocchio as Executive Vice President and CFO, bringing over 20 years of experience in treasury and strategic planning. Finocchio's expertise in driving growth and innovation in financial institutions adds value to HarborOne's leadership team.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.81%
Tags
none
-
Rhea-AI Summary
HarborOne Bancorp, Inc. (NASDAQ: HONE) announces a 6.7% increase in quarterly cash dividend to $0.08 per share, reflecting confidence in current and projected earnings. The dividend will be paid on April 24, 2024, to shareholders of record as of April 10, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.33%
Tags
dividends earnings
Rhea-AI Summary
HarborOne Bancorp, Inc. (HONE) schedules its 2024 annual meeting of shareholders for May 15, 2024, at 10:00 a.m. local time in Boston, Massachusetts. Shareholders as of March 18, 2024, are eligible to vote at the meeting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.19%
Tags
none
-
Rhea-AI Summary
HarborOne Bancorp, Inc. (NASDAQ: HONE) reported a net income of $16.1 million for the year ended December 31, 2023, a decrease of 64.7% compared to the previous year. The fourth quarter of 2023 saw a net loss of $7.1 million. The results were impacted by the full impairment of goodwill at Harbor One Mortgage, LLC. Excluding the impairment charge, net income for the year was $26.9 million. The company also experienced deposit and loan growth, reduced noninterest expense, and share repurchases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.97%
Tags
-
Rhea-AI Summary
HarborOne Bancorp, Inc. (HONE) declares a quarterly cash dividend of $0.075 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.59%
Tags
dividends earnings
Rhea-AI Summary
HarborOne Bancorp, Inc. announces net income of $8.4 million for Q3 2023, compared to $7.5 million for Q2 2023 and $13.8 million for Q3 2022. Deposit growth of $160.5 million, reduced noninterest expense by 7.5%, and loan growth of $24.7 million. Commenced sixth share repurchase program. Net interest income decreased, noninterest income decreased by $1.1 million, and noninterest expenses were flat. Nonperforming assets decreased to $18.8 million. Total assets remained flat at $5.66 billion. Loans increased by $24.7 million and total deposits increased to $4.41 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.69%
Tags
-
Rhea-AI Summary
HarborOne awarded $12,500 to two small business entrepreneurs in their 8th annual Pitch Contest. Bee Balm Company won first place and $10,000 to increase capacity and donate 5% of profits to charities. Stack House won second place and $2,500 to provide sustainable careers. HarborOne supports small businesses through their business banking services and resources.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.64%
Tags
none
-
Rhea-AI Summary
HarborOne Bancorp declares quarterly cash dividend of $0.075 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.89%
Tags
dividends earnings
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.75%
Tags
HarborOne Bancorp Inc.

Nasdaq:HONE

HONE Rankings

HONE Stock Data

434.97M
36.75M
12.64%
56.1%
0.85%
Commercial Banking
Finance and Insurance
Link
US
Boston

About HONE

harborone bank is the largest state-chartered cooperative bank in new england with $2.1 billion in assets. for nearly 100 years harborone’s mission has not wavered…total commitment to our customers, our communities, and our colleagues. today, we serve 11 communities throughout southeastern massachusetts with the very best in personal and small business banking products and services delivered through 14 full service branches and state of the art online and mobile banking tools. our mortgage and consumer lending businesses extend throughout eastern massachusetts and northern rhode island, as does our commercial lending business. our commercial lending team is comprised of seasoned veterans who specialize in meeting the needs of today’s business leaders who need “big bank” services with the local bank feel. loans, lines of credit, cash management services, and commercial real estate are our areas of expertise. committed to the growth and success of our communities, harborone u provide