HONE (HONE)
HarborOne Bancorp, Inc.
NASDAQ:HONEFinancial Services · Banks - Regional
Mkt Cap-
Float37.08M
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$313.7M
Net Income$27.41M
Total Assets$5.75B
Free Cash Flow$2.6M
Debt & Equity
Debt 47%
Equity 53%
Total Debt$516.55M
Total Equity$575.01M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in HONE's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$5.75B
Liabilities$5.18B
Accounts Receivable$18.39M
Accounts Payable$6.58M
Inventory$0
PP&E (Net)$46.25M
Goodwill$59.04M
Intangible Assets$45.26M
Income Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Revenue | $313.7M | $283.37M | $225.48M | $237.06M | $275.55M | $207.97M | $158.2M | $136.59M | $130.46M | $96.86M | $74.43M |
| YoY Growth | 10.7% | 25.7% | -4.9% | -14.0% | 32.5% | 31.5% | 15.8% | 4.7% | 34.7% | 30.1% | - |
| Cost of Revenue | $154.03M | $122.7M | $28.6M | $5.27M | $63.31M | $50.47M | $30.61M | $18.35M | $17.93M | $15.83M | $18.47M |
| Gross Profit | $159.66M | $160.67M | $196.87M | $231.79M | $212.25M | $157.5M | $127.6M | $118.24M | $112.52M | $81.03M | $55.96M |
| Gross Margin | 50.9% | 56.7% | 87.3% | 97.8% | 77.0% | 75.7% | 80.7% | 86.6% | 86.3% | 83.7% | 75.2% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $81.7M | $81.11M | $88.63M | $106.91M | $110.19M | $93.46M | $77.49M | $72.92M | $74.42M | $50.25M | $33.01M |
| Other | $43.71M | $54.43M | $46.51M | $44.43M | $44.05M | $41.36M | $35.9M | $28.26M | $28.87M | $22.45M | $19.03M |
| Total Operating Expenses | $125.41M | $135.55M | $135.14M | $151.34M | $154.24M | $134.83M | $113.39M | $101.18M | $103.3M | $72.7M | $52.04M |
| Operating Income (EBIT) | $34.26M | $25.13M | $61.73M | $80.45M | $58.01M | $22.68M | $14.21M | $17.05M | $9.23M | $8.33M | $3.92M |
| Operating Margin | 10.9% | 8.9% | 27.4% | 33.9% | 21.1% | 10.9% | 9.0% | 12.5% | 7.1% | 8.6% | 5.3% |
| Interest Expense | $145.76M | $117.02M | $22.94M | $12.53M | $28.49M | $45.72M | $26.78M | $15.94M | $13.76M | $14.57M | $15.88M |
| Interest Income | $271.41M | $244.29M | $171.93M | $143.9M | $148.56M | $154.78M | $115.71M | $90.28M | $74.76M | $66.8M | $61.08M |
| Other Income (Expense) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $34.26M | $25.13M | $61.73M | $80.45M | $58.01M | $22.68M | $14.21M | $17.05M | $9.23M | $8.33M | $3.92M |
| Income Tax Expense | $6.85M | $9.05M | $16.14M | $21.93M | $13.22M | $4.41M | $2.81M | $6.67M | $3.3M | $2.56M | $1.35M |
| Net Income | $27.41M | $16.08M | $45.59M | $58.52M | $44.79M | $18.27M | $11.39M | $10.38M | $5.93M | $5.77M | $2.57M |
| Net Income Margin | 8.7% | 5.7% | 20.2% | 24.7% | 16.3% | 8.8% | 7.2% | 7.6% | 4.5% | 6.0% | 3.5% |
| Supplementary Data | |||||||||||
| EPS | 0.66 | 0.37 | 0.98 | 1.15 | 0.82 | 0.33 | 0.20 | 0.18 | 0.10 | 0.10 | 0.04 |
| Diluted EPS | 0.66 | 0.37 | 0.97 | 1.14 | 0.82 | 0.33 | 0.20 | 0.18 | 0.10 | 0.10 | 0.04 |
| Weighted Average OS | 41.22M | 43.22M | 46.48M | 50.75M | 54.31M | 55.73M | 56.69M | 56.07M | 57.67M | 57.67M | 57.67M |
| EBITDA | $38.75M | $29.73M | $66.55M | $86.07M | $63.69M | $29.41M | $18.15M | $20.09M | $11.94M | $11.18M | $6.67M |
| EBITDA Margin | 12.4% | 10.5% | 29.5% | 36.3% | 23.1% | 14.1% | 11.5% | 14.7% | 9.1% | 11.5% | 9.0% |
Balance Sheet
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $231.07M | $227.35M | $98.02M | $194.72M | $205.87M | $211.62M | $105.52M | $80.79M | $50.22M | $40.65M | $52.98M |
| Short-Term Investments | $263.9M | $290.15M | $301.15M | $394.04M | $276.5M | $239.47M | $209.29M | $170.85M | $136.47M | $128.54M | $148.01M |
| Cash and Short-Term Investments | $494.98M | $517.5M | $399.17M | $588.75M | $482.37M | $451.09M | $314.81M | $251.64M | $186.68M | $169.19M | $201M |
| Accounts Receivable | $18.39M | $18.17M | $15.14M | $10.62M | $11.87M | $9.81M | $10M | $6.54M | $5.6M | $4.92M | $4.49M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $513.37M | $535.67M | $414.31M | $599.38M | $494.24M | $460.9M | $324.81M | $258.19M | $192.29M | $174.11M | $205.49M |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $46.25M | $48.75M | $49.05M | $50.74M | $49.58M | $47.95M | $57.05M | $24.49M | $24.19M | $24.61M | $25.23M |
| Goodwill | $59.04M | $59.04M | $69.8M | $69.8M | $69.8M | $69.8M | $78.47M | $13.5M | $13.37M | $13.37M | $3.19M |
| Intangible Assets | $45.26M | $47.63M | $50.41M | $41.43M | $29.2M | $23.18M | $22.22M | $21.09M | $20.55M | $13.27M | $2.31M |
| Long-Term Investments | $4.85B | $4.74B | $4.54B | $3.61B | $3.65B | $3.29B | $3.05B | $2.28B | $2.12B | $1.86B | $1.71B |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $6.03M | $6.73M | $843K | $610K | $0 | $3.72M |
| Other Long-Term Assets | $236.42M | $234.64M | $233.06M | $183.17M | $192.93M | $158.09M | $112.21M | $84M | $81.23M | $81.03M | $88.14M |
| Total Long-Term Assets | $5.24B | $5.13B | $4.95B | $3.95B | $3.99B | $3.6B | $3.33B | $2.43B | $2.26B | $1.99B | $1.84B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $5.75B | $5.67B | $5.36B | $4.55B | $4.48B | $4.06B | $3.65B | $2.68B | $2.45B | $2.16B | $2.04B |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $6.58M | $5.25M | $2.33M | $1.08M | $1.26M | $1.67M | $1.61M | $518K | $545K | $546K | $576K |
| Short-Term Debt | $212M | $303M | $385M | $0 | $35M | $183M | $290M | $44M | $80M | $0 | $70M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $4.55B | $4.39B | $4.19B | $3.68B | $3.51B | $2.94B | $2.69B | $2.01B | $1.8B | $1.69B | $1.5B |
| Total Current Liabilities | $4.77B | $4.7B | $4.58B | $3.68B | $3.54B | $3.13B | $2.98B | $2.06B | $1.89B | $1.69B | $1.57B |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $304.56M | $265.46M | $49.96M | $89.87M | $148.13M | $205.04M | $263.74M | $246.37M | $195.12M | $249.6M | $259.6M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $989K | $0 |
| Other Long-Term Liabilities | $104.24M | $123.02M | $115.78M | $100.54M | $96.7M | $60.55M | $55.14M | $36.81M | $38.51M | $30.11M | $28.13M |
| Total Long-Term Liabilities | $408.79M | $388.48M | $165.75M | $190.41M | $244.83M | $265.58M | $318.88M | $283.18M | $233.63M | $280.7M | $287.73M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $5.18B | $5.08B | $4.74B | $3.87B | $3.79B | $3.39B | $3.3B | $2.34B | $2.12B | $1.97B | $1.86B |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $598K | $598K | $596K | $585K | $584K | $584K | $327K | $327K | $321K | $0 | $0 |
| Retained Earnings | $373.86M | $359.66M | $356.44M | $325.7M | $277.31M | $237.36M | $219.09M | $207.59M | $197.21M | $191.28M | $183.88M |
| Comprehensive Income & Other | -$49.9M | -$43.62M | -$47.08M | -$1.64M | $2.19M | $1.48M | -$2.36M | -$528K | -$1.29M | -$592K | -$417K |
| Other Stockholders' Equity | $200.55M | $223.5M | $259.94M | $352.98M | $418.42M | $427.85M | $138.16M | $135.57M | $131.85M | -$592K | -$417K |
| Total Equity | $575.01M | $583.76M | $616.98M | $679.26M | $696.31M | $665.79M | $357.57M | $343.48M | $329.38M | $190.69M | $183.46M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $5.75B | $5.67B | $5.36B | $4.55B | $4.48B | $4.06B | $3.65B | $2.68B | $2.45B | $2.16B | $2.04B |
| Supplementary Data | |||||||||||
| Total Debt | $516.55M | $568.46M | $434.96M | $89.87M | $183.13M | $388.04M | $553.74M | $290.37M | $275.12M | $249.6M | $329.6M |
| Net Debt | $285.48M | $341.11M | $336.94M | -$104.85M | -$22.74M | $176.42M | $448.21M | $209.57M | $224.9M | $208.95M | $276.62M |
Cash Flow Statement
| Period | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Operating Activities | |||||||||||
| Net Income | $27.41M | $16.08M | $45.59M | $58.52M | $44.79M | $18.27M | $11.39M | $10.38M | $5.93M | $5.77M | $2.57M |
| Depreciation & Amortization | $4.49M | $4.6M | $4.82M | $5.62M | $5.68M | $6.74M | $3.95M | $3.03M | $2.71M | $2.85M | $2.75M |
| Deferred Income Tax | -$5.05M | -$1.78M | $3.16M | $6.43M | -$3.61M | -$556K | -$1.14M | -$698K | -$1.26M | $1.14M | $431K |
| Stock-Based Compensation | $4.74M | $4.67M | $6.58M | $6.95M | $5.78M | $7.5M | $5.69M | $3.24M | $951K | $0 | $0 |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$16.31M | $15.61M | -$11.38M | $9.61M | -$2.14M | -$7.66M | $11.93M | $22.61M | -$17.54M | $15.97M | $3.18M |
| Total Working Capital Change | -$16.31M | $15.61M | -$11.38M | $9.61M | -$2.14M | -$7.66M | $11.93M | $22.61M | -$17.54M | $15.97M | $3.18M |
| Other Non-Cash Items | -$11.44M | $14.33M | $20.12M | $137.17M | -$77.45M | -$60.42M | $29.3M | $5.31M | $4.88M | $3.63M | $9.73M |
| Net Cash from Operating | $3.84M | $53.51M | $68.9M | $224.29M | -$26.95M | -$36.13M | $61.16M | $43.88M | -$4.32M | $29.36M | $18.67M |
| Investing Activities | |||||||||||
| Capital Expenditures | -$1.24M | -$4.48M | -$2.27M | -$6.46M | -$5.74M | -$4.43M | -$5.54M | -$3.19M | -$2.14M | -$1.49M | -$1.25M |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $99K | -$73.99M | $0 | $0 | -$18.62M | $0 |
| Purchases of Investments | -$15.63M | -$4.61M | -$36.05M | -$316.75M | -$191.56M | -$109.29M | -$67.69M | -$59.22M | -$43.71M | -$52.63M | -$102.63M |
| Sales of Investments | $37.44M | $21.57M | $43.43M | $188.02M | $183.38M | $103.3M | $28.69M | $25.37M | $49.75M | $65.92M | $88.92M |
| Other Investing Activities | -$97.27M | -$209.2M | -$957.13M | -$105.87M | -$304.93M | -$218.51M | -$97.37M | -$200.41M | -$258.29M | -$72.76M | -$101.09M |
| Net Cash from Investing | -$76.7M | -$196.71M | -$952.02M | -$241.05M | -$318.85M | -$228.83M | -$215.9M | -$237.44M | -$254.39M | -$79.56M | -$116.05M |
| Financing Activities | |||||||||||
| Debt Repaid | -$39.09M | -$214.79M | $40.04M | $58.39M | $57.03M | $58.8M | -$15.54M | -$51.25M | $54.48M | $83.66M | $35M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $304.06M | $0 | $0 | $140.53M | $0 | $0 |
| Common Stock Repurchases | -$21.55M | -$45.21M | -$62.52M | -$69.22M | -$15.92M | -$721K | -$1.27M | -$280K | $0 | $0 | $0 |
| Dividends Paid | -$13.11M | -$12.83M | -$12.19M | -$9.2M | -$3.26M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $163.14M | $197.78M | $516.17M | $177.4M | $564.27M | $233.52M | $194.19M | $209.17M | $102.22M | $191.54M | $85.03M |
| Net Cash from Financing | $76.58M | $272.54M | $786.42M | $5.61M | $340.06M | $371.06M | $179.47M | $224.14M | $268.27M | $37.88M | $75.03M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $3.72M | $129.33M | -$96.7M | -$11.15M | -$5.75M | $106.09M | $24.73M | $30.58M | $9.56M | -$12.33M | -$22.36M |
| Supplementary Data | |||||||||||
| Operating Cash Flow | $3.84M | $53.51M | $68.9M | $224.29M | -$26.95M | -$36.13M | $61.16M | $43.88M | -$4.32M | $29.36M | $18.67M |
| Capital Expenditure | -$1.24M | -$4.48M | -$2.27M | -$6.46M | -$5.74M | -$4.43M | -$5.54M | -$3.19M | -$2.14M | -$1.49M | -$1.25M |
| Free Cash Flow | $2.6M | $49.03M | $66.63M | $217.84M | -$32.69M | -$40.56M | $55.62M | $40.69M | -$6.45M | $27.87M | $17.41M |
| Cash at Beginning | $227.35M | $98.02M | $194.72M | $205.87M | $211.62M | $105.52M | $80.79M | $50.22M | $40.65M | $52.98M | $75.34M |
| Cash at End | $231.07M | $227.35M | $98.02M | $194.72M | $205.87M | $211.62M | $105.52M | $80.79M | $50.22M | $40.65M | $52.98M |