Welcome to our dedicated page for Harborone Bancorp news (Ticker: HONE), a resource for investors and traders seeking the latest updates and insights on Harborone Bancorp stock.
HarborOne Bancorp, Inc. (HONE) news coverage on this page centers on the company’s role as a regional bank holding company and its subsequent acquisition by Eastern Bankshares, Inc. As disclosed in joint press releases and SEC filings, HarborOne was the holding company for HarborOne Bank, a Massachusetts-chartered trust company, and HarborOne Mortgage, LLC. News items document how HarborOne served consumers, businesses, and municipalities in Eastern Massachusetts and Rhode Island, as well as mortgage customers throughout New England and other states.
Much of the recent HONE news flow relates to the merger process with Eastern Bankshares, Inc. Articles describe the April 24, 2025 definitive merger agreement, shareholder approval of the merger at HarborOne’s August 20, 2025 special meeting, receipt of regulatory approvals, and the steps leading to closing. Press releases and Form 8-K disclosures outline the stock-and-cash consideration structure, the election and proration mechanics, and the final completion of the merger effective November 1, 2025.
Investors reviewing historical HONE news will also find quarterly earnings announcements and dividend declarations from HarborOne Bancorp, Inc. These releases discuss net income, net interest margin, noninterest income driven in part by HarborOne Mortgage, noninterest expenses, and asset quality metrics. They also note Board decisions on quarterly cash dividends and describe factors affecting loan and deposit trends.
This news page is useful for understanding how HarborOne’s commercial banking, mortgage lending, and educational initiatives such as HarborOne U evolved leading up to its combination with Eastern Bankshares, Inc. By reading through the archived press releases and related regulatory disclosures, users can trace the timeline from standalone operations to the final delisting of HONE from the Nasdaq Global Select Market and the integration of HarborOne into Eastern’s broader banking platform.
HarborOne Bancorp, the holding company of HarborOne Bank, has declared a cash dividend of $0.08 per share for the second quarter of 2024.
The dividend will be paid on July 24, 2024, to shareholders of record as of July 10, 2024. The company trades under the stock symbol 'HONE' on NASDAQ.
HarborOne Bank has announced the recipients of its 2024 ONECommunity Scholarships, awarding a total of $100,000 to 20 students from Massachusetts and Rhode Island. Each recipient will receive a $5,000 scholarship, which will be paid directly to the college or university they will attend in the fall of 2024. This initiative is part of HarborOne Bank's long-term commitment, started in 2016, to support college affordability and invest in educational opportunities. To date, the ONECommunity Scholarship Program has granted $900,000 in scholarships. The bank plans to invest a total of $1 million over a 10-year period aimed at fostering educational excellence and community involvement among high school seniors.
HarborOne Bancorp announced a share repurchase program approved by its Board of Directors, allowing the company to buy back up to 2,222,568 shares, approximately 5% of its outstanding shares, for a total of up to $20 million.
The repurchases can be made in open market transactions under a trading plan consistent with SEC Rule 10b5-1. The program, ending May 28, 2025, gives flexibility regarding the timing and number of shares repurchased based on price, market conditions, and other corporate priorities. The company is not obligated to purchase a specific number of shares, and the program can be suspended or terminated at any time without prior notice.
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