HarborOne Bancorp Past Earnings Performance
Past criteria checks 0/6
HarborOne Bancorp's earnings have been declining at an average annual rate of -5.1%, while the Banks industry saw earnings growing at 7% annually. Revenues have been declining at an average rate of 3% per year. HarborOne Bancorp's return on equity is 2%, and it has net margins of 7.2%.
Key information
-5.1%
Earnings growth rate
-0.8%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | -3.0% |
| Return on equity | 2.0% |
| Net Margin | 7.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance 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 03Revenue & Expenses Breakdown
How HarborOne Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 159 | 11 | 114 | 0 |
| 30 Jun 24 | 165 | 16 | 114 | 0 |
| 31 Mar 24 | 164 | 16 | 113 | 0 |
| 31 Dec 23 | 163 | 16 | 113 | 0 |
| 30 Sep 23 | 172 | 33 | 114 | 0 |
| 30 Jun 23 | 183 | 38 | 117 | 0 |
| 31 Mar 23 | 190 | 41 | 121 | 0 |
| 31 Dec 22 | 201 | 46 | 124 | 0 |
| 30 Sep 22 | 208 | 49 | 128 | 0 |
| 30 Jun 22 | 212 | 47 | 132 | 0 |
| 31 Mar 22 | 222 | 51 | 136 | 0 |
| 31 Dec 21 | 239 | 59 | 142 | 0 |
| 30 Sep 21 | 247 | 64 | 143 | 0 |
| 30 Jun 21 | 253 | 63 | 148 | 0 |
| 31 Mar 21 | 252 | 59 | 150 | 0 |
| 31 Dec 20 | 224 | 45 | 143 | 0 |
| 30 Sep 20 | 207 | 31 | 141 | 0 |
| 30 Jun 20 | 189 | 27 | 133 | 0 |
| 31 Mar 20 | 172 | 21 | 127 | 0 |
| 31 Dec 19 | 164 | 18 | 124 | 0 |
| 30 Sep 19 | 157 | 14 | 118 | 0 |
| 30 Jun 19 | 147 | 13 | 110 | 0 |
| 31 Mar 19 | 139 | 11 | 104 | 0 |
| 31 Dec 18 | 134 | 11 | 99 | 0 |
| 30 Sep 18 | 129 | 13 | 96 | 0 |
| 30 Jun 18 | 128 | 10 | 97 | 0 |
| 31 Mar 18 | 127 | 10 | 96 | 0 |
| 31 Dec 17 | 125 | 10 | 93 | 0 |
| 30 Sep 17 | 128 | 12 | 93 | 0 |
| 30 Jun 17 | 130 | 12 | 93 | 0 |
| 31 Mar 17 | 128 | 9 | 92 | 0 |
| 31 Dec 16 | 124 | 6 | 92 | 0 |
| 30 Sep 16 | 116 | 5 | 88 | 0 |
| 30 Jun 16 | 109 | 3 | 84 | 0 |
| 31 Mar 16 | 95 | 5 | 74 | 0 |
| 31 Dec 15 | 86 | 6 | 65 | 0 |
| 31 Dec 14 | 58 | 3 | 46 | 0 |
Quality Earnings: HONE has a large one-off loss of $10.8M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: HONE's current net profit margins (7.2%) are lower than last year (19%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HONE's earnings have declined by 5.1% per year over the past 5 years.
Accelerating Growth: HONE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HONE had negative earnings growth (-65.2%) over the past year, making it difficult to compare to the Banks industry average (-11.7%).
Return on Equity
High ROE: HONE's Return on Equity (2%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 08:14 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| 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 here.
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 .
Analyst Sources
HarborOne Bancorp, Inc. is covered by 6 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 |