Financial Snapshot

Revenue
$203.9M
TTM
Gross Margin
Net Earnings
$11.41M
TTM
Current Assets
Current Liabilities
$44.02M
Q3 2024
Current Ratio
Total Assets
$5.776B
Q3 2024
Total Liabilities
$5.192B
Q3 2024
Book Value
$584.2M
Q3 2024
Cash
Q3 2024
P/E
50.04
Nov 29, 2024 EST
Free Cash Flow
-$17.52M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue $244.3M $171.9M $143.9M $148.6M $154.8M $115.7M
YoY Change 42.09% 19.48% -3.14% -4.02% 33.77%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue $244.3M $171.9M $143.9M $148.6M $154.8M $115.7M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.800M $3.900M $4.400M $4.000M $4.400M $3.200M $3.000M $2.800M $2.800M $2.700M
YoY Change -2.56% -11.36% 10.0% -9.09% 37.5% 6.67% 7.14% 0.0% 3.7%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Interest Expense $117.0M $22.94M $12.53M $28.49M $45.72M $26.78M
YoY Change 410.01% 83.19% -56.04% -37.68% 70.74%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Pretax Income $25.13M $61.73M $80.45M $58.01M $22.68M $14.21M $17.10M $9.200M $8.300M $3.900M
YoY Change -59.3% -23.27% 38.69% 155.82% 59.61% -16.92% 85.87% 10.84% 112.82% -7.14%
Income Tax $9.048M $16.14M $21.94M $13.22M $4.408M $2.813M $6.400M $3.300M $2.600M $1.400M
% Of Pretax Income 36.01% 26.15% 27.26% 22.78% 19.44% 19.8% 37.43% 35.87% 31.33% 35.9%
Net Earnings $16.08M $45.59M $58.52M $44.79M $18.27M $11.39M $10.40M $5.900M $5.800M $2.600M
YoY Change -64.73% -22.09% 30.64% 145.19% 60.33% 9.56% 76.27% 1.72% 123.08% -63.38%
Net Earnings / Revenue 6.58% 26.52% 40.67% 30.15% 11.8% 9.85%
Basic Earnings Per Share $0.37 $0.98 $1.15 $0.82 $0.33 $0.20
Diluted Earnings Per Share $0.37 $967.5K $1.14 $0.82 $0.33 $0.20 $185.4K $102.3K $107.2K $48.06K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $71.65M $75.95M $50.70M $49.60M $48.00M $57.00M $24.50M $24.20M $24.60M $25.20M
YoY Change -5.66% 49.79% 2.22% 3.33% -15.79% 132.65% 1.24% -1.63% -2.38%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $31.25M $28.50M $18.10M $23.30M $19.40M $19.70M $13.30M $12.70M $11.60M $27.80M
YoY Change 9.63% 57.47% -22.32% 20.1% -1.52% 48.12% 4.72% 9.48% -58.27%
Total Long-Term Assets
YoY Change
Total Assets $5.668B $5.360B $4.553B $4.484B $4.059B $3.653B $2.685B $2.448B $2.163B $2.042B
YoY Change
Accounts Payable $14.12M $11.86M $9.500M $9.000M $7.700M $6.200M $5.700M $5.600M $5.000M $4.100M
YoY Change 19.06% 24.86% 5.56% 16.88% 24.19% 8.77% 1.79% 12.0% 21.95%
Accrued Expenses $24.50M $28.60M $28.40M
YoY Change -14.34% 0.7%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $38.62M $40.46M $9.500M $9.000M $7.700M $6.200M $5.700M $5.600M $5.000M $4.100M
YoY Change -4.55% 325.92% 5.56% 16.88% 24.19% 8.77% 1.79% 12.0% 21.95%
Long-Term Debt $0.00 $34.29M $34.20M $34.00M $33.90M $33.80M $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% 0.25% 0.59% 0.29% 0.3%
Other Long-Term Liabilities $128.3M $118.1M $92.10M $89.00M $54.50M $50.60M $31.60M $33.50M $25.60M $24.60M
YoY Change 8.6% 28.24% 3.48% 63.3% 7.71% 60.13% -5.67% 30.86% 4.07%
Total Long-Term Liabilities $128.3M $152.4M $126.3M $123.0M $88.40M $84.40M $31.60M $33.50M $25.60M $24.60M
YoY Change -15.83% 20.66% 2.68% 39.14% 4.74% 167.09% -5.67% 30.86% 4.07%
Total Liabilities $5.084B $4.743B $3.874B $3.787B $3.393B $3.296B $2.341B $2.119B $1.973B $1.858B
YoY Change 7.2% 22.42% 2.29% 11.62% 2.96% 40.75% 10.5% 7.42% 6.14%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Basic Shares Outstanding 43.22M 46.48M 50.75M 54.31M 55.73M 56.69M
Diluted Shares Outstanding 43.42M 47.12M 51.52M 54.32M 55.73M 56.69M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $570.91 Million

About HarborOne Bancorp, Inc.

HarborOne Bancorp, Inc. is a bank holding company, which engages in the ownership of all the outstanding stock of HarborOne Bank, a state-chartered trust company. The company is headquartered in Brockton, Massachusetts and currently employs 529 full-time employees. The company went IPO on 2016-06-30. Its segments include HarborOne Bank and HarborOne Mortgage. The Bank segment provides consumer and business banking products and services to individuals, businesses and municipalities. Consumer products include loan and deposit products, and business banking products include loans for working capital, inventory and general corporate use, commercial real estate construction loans, and deposit accounts. The HarborOne Mortgage segment consists of originating residential mortgage loans primarily for sale in the secondary market and the servicing of those loans. The company provides a variety of financial services to individuals and businesses through its 30 full-service bank branches, and a commercial lending office in each of Boston and Providence. The company also provides a range of educational services through HarborOne U, with digital content, webinars, and recordings for small business and personal financial education.

Industry: State Commercial Banks Peers: Amalgamated Financial Corp. Atlantic Capital Bancshares, Inc. Bank First Corp CROSSFIRST BANKSHARES, INC. FIRST MID BANCSHARES, INC. HERITAGE COMMERCE CORP HILLS BANCORPORATION PNC FINANCIAL SERVICES GROUP, INC. REPUBLIC BANCORP INC /KY/ UNIVEST FINANCIAL Corp