HarborOne Bancorp Management
Management criteria checks 3/4
HarborOne Bancorp's CEO is Joe Casey, appointed in May 2018, has a tenure of 6.75 years. total yearly compensation is $2.87M, comprised of 24.4% salary and 75.6% bonuses, including company stock and options. directly owns 1.03% of the company’s shares, worth $5.14M. The average tenure of the management team and the board of directors is 6.4 years and 8 years respectively.
Key information
Joe Casey
Chief executive officer
US$2.9m
Total compensation
| CEO salary percentage | 24.4% |
| CEO tenure | 6.8yrs |
| CEO ownership | 1.0% |
| Management average tenure | 6.4yrs |
| Board average tenure | 8yrs |
Recent management updates
Recent updates
HarborOne Bancorp (NASDAQ:HONE) Will Pay A Dividend Of $0.08
Dec 25
HarborOne Bancorp's (NASDAQ:HONE) Dividend Will Be $0.08
Oct 03HarborOne Bancorp (NASDAQ:HONE) Is Paying Out A Dividend Of $0.08
Jul 01HarborOne Bancorp's (NASDAQ:HONE) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 05HarborOne Bancorp (NASDAQ:HONE) Has Affirmed Its Dividend Of $0.075
Dec 26HarborOne Bancorp (NASDAQ:HONE) Is Due To Pay A Dividend Of $0.075
Oct 05HarborOne Bancorp (NASDAQ:HONE) Will Pay A Dividend Of $0.075
Jul 04Analysts Just Slashed Their HarborOne Bancorp, Inc. (NASDAQ:HONE) EPS Numbers
May 03HarborOne Bancorp's (NASDAQ:HONE) Dividend Will Be $0.075
Apr 02HarborOne declares $0.07 dividend
Sep 29HarborOne Bancorp announces shares buyback program
Sep 21HarborOne GAAP EPS of $0.21 misses by $0.01, revenue of $51.29M beats by $17.06M
Jul 26HarborOne declares $0.07 dividend
Jun 30HarborOne Bancorp (NASDAQ:HONE) Has Announced That It Will Be Increasing Its Dividend To US$0.07
Apr 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$27m |
| Sep 30 2024 | n/a | n/a | US$11m |
| Jun 30 2024 | n/a | n/a | US$16m |
| Mar 31 2024 | n/a | n/a | US$16m |
| Dec 31 2023 | US$3m | US$700k | US$16m |
| Sep 30 2023 | n/a | n/a | US$33m |
| Jun 30 2023 | n/a | n/a | US$38m |
| Mar 31 2023 | n/a | n/a | US$41m |
| Dec 31 2022 | US$3m | US$657k | US$46m |
| Sep 30 2022 | n/a | n/a | US$49m |
| Jun 30 2022 | n/a | n/a | US$47m |
| Mar 31 2022 | n/a | n/a | US$51m |
| Dec 31 2021 | US$2m | US$574k | US$59m |
| Sep 30 2021 | n/a | n/a | US$64m |
| Jun 30 2021 | n/a | n/a | US$63m |
| Mar 31 2021 | n/a | n/a | US$59m |
| Dec 31 2020 | US$1m | US$563k | US$45m |
| Sep 30 2020 | n/a | n/a | US$31m |
| Jun 30 2020 | n/a | n/a | US$27m |
| Mar 31 2020 | n/a | n/a | US$21m |
| Dec 31 2019 | US$1m | US$526k | US$18m |
| Sep 30 2019 | n/a | n/a | US$14m |
| Jun 30 2019 | n/a | n/a | US$13m |
| Mar 31 2019 | n/a | n/a | US$11m |
| Dec 31 2018 | US$1m | US$501k | US$11m |
Compensation vs Market: Joe's total compensation ($USD2.87M) is above average for companies of similar size in the US market ($USD2.14M).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
CEO
Joe Casey (63 yo)
6.8yrs
Tenure
US$2,873,564
Compensation
Mr. Joseph F. Casey, also known as Joe, has been the Chief Operating Officer at HarborOne Bancorp, Inc. since 2015. He serves as President and Chief Operating Officer at Harborone Northeast Bancorp, Inc. a...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.8yrs | US$2.87m | 1.03% $ 5.1m | |
| Executive VP | 5.3yrs | US$554.30k | 0.078% $ 390.8k | |
| EVP & Chief Banking Officer | 6.4yrs | US$528.12k | 0.099% $ 493.7k | |
| Executive VP & Chief Lending Officer | no data | US$688.24k | 0.21% $ 1.1m | |
| Executive VP & CFO | less than a year | no data | 0.057% $ 284.6k | |
| FVP & Interim Principal Accounting Officer | 1.4yrs | no data | 0.0019% $ 9.8k | |
| Senior VP & Chief Information Officer | no data | no data | 0.0070% $ 34.8k | |
| Branch Administration Officer | 14.8yrs | no data | no data | |
| Vice President of Compliance | no data | no data | no data | |
| Senior VP & Chief Marketing Officer | 11.1yrs | no data | 0.073% $ 367.5k | |
| Business Solutions and Development Officer | 10.6yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 3.1yrs | no data | 0.013% $ 66.0k |
6.4yrs
Average Tenure
56.5yo
Average Age
Experienced Management: HONE's management team is seasoned and experienced (6.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8yrs | US$2.87m | 1.03% $ 5.1m | |
| Independent Director | 7.9yrs | US$99.23k | 0.085% $ 423.8k | |
| Independent Director | 18.1yrs | US$114.60k | 0.34% $ 1.7m | |
| Independent Director | 38.1yrs | US$114.26k | 0.15% $ 753.8k | |
| Honorary Director | no data | no data | no data | |
| Honorary Director | 44.8yrs | no data | no data | |
| Independent Director | 6.1yrs | US$99.32k | 0.058% $ 290.6k | |
| Independent Director | 14.1yrs | US$103.58k | 0.15% $ 730.2k | |
| Independent Chairman of the Board | 10.1yrs | US$132.05k | 0.20% $ 980.1k | |
| Independent Director | 6.1yrs | US$99.32k | 0.058% $ 291.1k | |
| Independent Director | 4.3yrs | US$109.32k | 0.032% $ 160.0k | |
| Independent Director | 2.7yrs | US$99.23k | 0.021% $ 103.2k |
8.0yrs
Average Tenure
67yo
Average Age
Experienced Board: HONE's board of directors are considered experienced (8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 03:24 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/12/31 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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. 4 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 |
|---|---|
| David Bishop | D.A. Davidson & Co. |
| Jacob Civiello | Janney Montgomery Scott LLC |
| Mark Fitzgibbon | Piper Sandler Companies |