HarborOne Bancorp, Inc.
harboronebancorp.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q2 FY2025 10-Q, filed Aug 5, 2025. Its latest SEC filing is a SCHEDULE 13G/A from Jan 21, 2026.
10-Q for Q2 FY2025, filed Aug 5, 2025
The sections below describe the company as of the FY2024 annual report.
What Did They Do?
Provides deposit accounts and loans to individuals, families, businesses and municipalities, and originates residential mortgages for home buyers and homeowners.
10-K for FY2024, filed Mar 6, 2025HarborOne Bank is a state-chartered trust company that was originally established in 1917 as a state-chartered credit union. The Bank…View ↗
HarborOne Bank. The Bank provides financial services to individuals, families, small and mid-size businesses and municipalities throughout…View ↗
Loans to consumers. Our loans to consumers consists of real estate loans comprised of residential mortgages and home equity loans and…View ↗
How Did They Make Money?
The bank earns interest on loans and investments, offset by interest paid on deposits and borrowings; it also collects account fees monthly and fees when transactions or services are completed.
10-K for FY2024, filed Mar 6, 2025Like other financial institutions, we are subject to interest rate risk. Our primary source of income is net interest income, which is the…View ↗
Revenue from deposit account-related fees, including general service fees charged for deposit account maintenance and activity and…View ↗
The Company recognizes revenue that is transactional in nature and such revenue is earned at a point in time. Revenue that is recognized at…View ↗
$271.4M
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10-K for FY2024, filed Mar 6, 2025
$271.4M ↗
Who Were Their Customers?
Individuals, families, businesses and municipalities use HarborOne Bank online and through its branches; home buyers and homeowners get residential mortgages through HarborOne Mortgage.
10-K for FY2024, filed Mar 6, 2025HarborOne Bank is a state-chartered trust company that was originally established in 1917 as a state-chartered credit union. The Bank…View ↗
Loans to consumers. Our loans to consumers consists of real estate loans comprised of residential mortgages and home equity loans and…View ↗
HarborOne Mortgage, LLC, a wholly owned subsidiary of the Bank, is a residential mortgage company headquartered in New Hampshire that…View ↗
Did Revenues Turn Into Profits?
Yes. It kept 10 cents of every revenue dollar as net income in FY2024 and turned 1 cent into free cash flow.
How Were They Changing?
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Nov 3, 2025
Eastern completed its acquisition of HarborOne
HarborOne and HarborOne Bank merged into Eastern and Eastern Bank; Eastern plans to merge HarborOne Mortgage into Eastern Bank.
Sources
8-K, filed Nov 3, 2025
On November 1, 2025, Eastern Bankshares, Inc. (“Eastern”), the holding company for Eastern Bank, completed its acquisition of HarborOne…View ↗
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Oct 28, 2025
HarborOne set its Nasdaq delisting ahead of the merger
The last trading day for HarborOne common stock was set for October 31, 2025.
Sources
8-K, filed Oct 28, 2025
On October 28, 2025, HarborOne Bancorp, Inc. (“HarborOne”) filed a Form 25, Notification of Removal From Listing and/or Registration Under…View ↗
Grew. Revenue grew 83% in 4 years, from $148.6M in FY2020 to $271.4M in FY2024, about 16% a year.
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