HarborOne Bancorp, Inc. (HONE)

HarborOne Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	248.45	249.11	227.25	163.65	139.17	141.66
Interest Income on Investments	18.14	22.3	17.04	8.28	4.73	6.9
Total Interest Income	266.59	271.41	244.29	171.93	143.9	148.56
Interest Paid on Deposits	115.55	114.1	88.32	15.63	8.72	22.79
Interest Paid on Borrowings	22.64	31.65	28.69	7.31	3.8	5.7
Total Interest Expense	138.19	145.76	117.02	22.94	12.53	28.49
Net Interest Income	128.4	125.65	127.27	148.99	131.37	120.07
Net Interest Income Growth (YoY)	4.64%	-1.27%	-14.57%	13.41%	9.41%	10.09%
Mortgage Banking Activities	9.22	9.45	9.1	9.95	15.83	15.17
Gain (Loss) on Sale of Assets	-	1.81	-	-	-	-
Gain (Loss) on Sale of Investments	-	-1.04	-	-	0.24	2.53
Other Non-Interest Income	1.38	2.24	1.68	11.73	4.89	1.49
Total Non-Interest Income	46.37	46.92	41.85	57.31	100.69	138.68
Non-Interest Income Growth (YoY)	7.43%	12.10%	-26.97%	-43.08%	-27.40%	130.77%
Revenues Before Loan Losses	174.77	172.57	169.13	206.3	232.06	258.75
Provision for Loan Losses	9.95	8.28	5.68	5.66	-7.26	34.82
Revenue	164.82	164.29	163.45	200.64	239.31	223.93
Revenue Growth (YoY)	-0.04%	0.52%	-18.54%	-16.16%	6.87%	36.20%
Salaries and Employee Benefits	69.78	69.06	69.75	76.05	94.31	99.35
Occupancy Expenses	15.1	15.54	15.52	16.33	19.65	17.84
Federal Deposit Insurance	4.16	4.35	3.49	1.45	1.34	1.18
Selling, General & Administrative	28.17	28.46	28.19	31.48	27.9	25.75
Other Non-Interest Expense	13.15	12.62	10.64	13.59	14.96	21.81
Total Non-Interest Expense	130.36	130.04	127.56	138.91	157.77	165.92
EBT Excluding Unusual Items	34.46	34.26	35.89	61.73	81.55	58.01
Other Unusual Items	-	-	-	-	-1.1	-
Pretax Income	32.76	34.26	25.13	61.73	80.45	58.01
Income Tax Expense	6.39	6.85	9.05	16.14	21.94	13.22
Net Income	26.37	27.41	16.08	45.59	58.52	44.79
Net Income to Common	26.37	27.41	16.08	45.59	58.52	44.79
Net Income Growth	65.87%	70.47%	-64.73%	-22.09%	30.64%	145.19%
Basic Shares Outstanding	40	41	43	46	51	54
Diluted Shares Outstanding	41	41	43	47	52	54
Shares Change (YoY)	-3.35%	-4.49%	-7.85%	-8.55%	-5.15%	-2.53%
EPS (Basic)	0.65	0.66	0.37	0.98	1.15	0.82
EPS (Diluted)	0.65	0.66	0.37	0.97	1.14	0.82
EPS Growth	71.76%	78.38%	-61.86%	-14.91%	39.02%	150.16%
Dividend Per Share	0.340	0.320	0.300	0.280	0.200	0.090
Dividend Growth	9.68%	6.67%	7.14%	40.00%	122.22%	-
Effective Tax Rate	19.50%	20.00%	36.01%	26.15%	27.27%	22.78%

Updated Mar 6, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q