This company has been acquired
HarborOne Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
HarborOne Bancorp has total assets of $5.6B and total equity of $580.1M. Total deposits are $4.5B, and total loans are $4.7B. It earns a Net Interest Margin of 2.3%. It has sufficient allowance for bad loans, which are currently at 0.7% of total loans. Cash and short-term investments are $203.1M.
Key information
9.7x
Asset to equity ratio
2.3%
Net interest margin
| Total deposits | US$4.49b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.7% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$203.05m |
Recent financial health updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: HONE's Assets to Equity ratio (9.7x) is low.
Allowance for Bad Loans: HONE has a sufficient allowance for bad loans (147%).
Low Risk Liabilities: 89% of HONE's liabilities are made up of primarily low risk sources of funding.
Loan Level: HONE has an appropriate level of Loans to Assets ratio (83%).
Low Risk Deposits: HONE's Loans to Deposits ratio (104%) is appropriate.
Level of Bad Loans: HONE has an appropriate level of bad loans (0.7%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/03 13:28 |
| End of Day Share Price | 2025/10/31 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
HarborOne Bancorp, Inc. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jacob Civiello | Brean Capital Historical (Janney Montgomery) |
| David Bishop | D.A. Davidson & Co. |
| Mark Fitzgibbon | Piper Sandler Companies |