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HarborOne Bancorp Inc (HONE)

Upturn stock ratingUpturn stock rating
$11.68
Last Close (24-hour delay)
Profit since last BUY1.39%
upturn advisory
Consider higher Upturn Star rating
BUY since 40 days
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  • SELL Advisory (Loss)​
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Upturn Advisory Summary

06/30/2025: HONE (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

4 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $13.33

1 Year Target Price $13.33

Analysts Price Target For last 52 week
$13.33Target price
Low$8.89
Current$11.68
high$13.69

Analysis of Past Performance

Type Stock
Historic Profit 0.63%
Avg. Invested days 38
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 499.86M USD
Price to earnings Ratio 18.41
1Y Target Price 13.33
Price to earnings Ratio 18.41
1Y Target Price 13.33
Volume (30-day avg) 4
Beta 0.61
52 Weeks Range 8.89 - 13.69
Updated Date 06/30/2025
52 Weeks Range 8.89 - 13.69
Updated Date 06/30/2025
Dividends yield (FY) 3.10%
Basic EPS (TTM) 0.63

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 15.73%
Operating Margin (TTM) 20.46%

Management Effectiveness

Return on Assets (TTM) 0.44%
Return on Equity (TTM) 4.44%

Valuation

Trailing PE 18.41
Forward PE 16.58
Enterprise Value 659969216
Price to Sales(TTM) 3.07
Enterprise Value 659969216
Price to Sales(TTM) 3.07
Enterprise Value to Revenue 5.36
Enterprise Value to EBITDA -
Shares Outstanding 43091000
Shares Floating 34851522
Shares Outstanding 43091000
Shares Floating 34851522
Percent Insiders 13.06
Percent Institutions 59.6

Analyst Ratings

Rating 2
Target Price 13.33
Buy -
Strong Buy 1
Buy -
Strong Buy 1
Hold 3
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

HarborOne Bancorp Inc

stock logo

Company Overview

overview logo History and Background

HarborOne Bancorp, Inc. was founded in 1917 as Brockton Credit Union. It converted to a savings bank in 1993 and became HarborOne Bank. In 2016, the company reorganized into a mutual holding company structure, leading to its initial public offering (IPO) and becoming HarborOne Bancorp, Inc.

business area logo Core Business Areas

  • Commercial Banking: Provides commercial loans, lines of credit, commercial real estate financing, and treasury management services to businesses of various sizes.
  • Retail Banking: Offers deposit accounts (checking, savings, money market), residential mortgages, consumer loans, and financial advisory services to individuals and families.
  • Insurance Services: HarborOne Insurance Agency, LLC, provides insurance products and services to both individuals and businesses

leadership logo Leadership and Structure

The company is led by a Board of Directors and a senior management team. James W. Blake is the current CEO. The organizational structure includes departments for commercial banking, retail banking, finance, risk management, and operations.

Top Products and Market Share

overview logo Key Offerings

  • Commercial Real Estate Loans: Offerings provide funding for the acquisition, construction, or refinancing of commercial properties. Market share data is difficult to obtain, but HarborOne operates in a competitive market with regional and national banks. Competitors include Bank of America, Santander, and Eastern Bank.
  • Residential Mortgages: Offers a variety of mortgage products including fixed-rate, adjustable-rate, and government-backed loans. They compete with national lenders like Rocket Mortgage, local banks, and credit unions. Market share fluctuates.
  • Deposit Accounts: Includes checking, savings, and money market accounts. Market share is regional, and competition includes larger banks and credit unions.

Market Dynamics

industry overview logo Industry Overview

The banking industry is highly regulated and competitive. Factors influencing the industry include interest rate changes, economic conditions, regulatory requirements, and technological advancements.

Positioning

HarborOne is positioned as a community-focused bank with a strong presence in Massachusetts and Rhode Island. Its competitive advantages include its local expertise, personalized customer service, and community involvement.

Total Addressable Market (TAM)

The TAM for banking services in Massachusetts and Rhode Island is substantial, encompassing individuals, small businesses, and larger corporations. HarborOne is positioned to capture a portion of this TAM through its community focus and diversified product offerings.

Upturn SWOT Analysis

Strengths

  • Strong presence in Massachusetts and Rhode Island
  • Community-focused approach
  • Diversified product offerings
  • Experienced management team
  • Solid financial performance

Weaknesses

  • Limited geographic diversification
  • Smaller size compared to larger national banks
  • Dependence on local economy
  • Higher cost structure compared to larger banks

Opportunities

  • Expansion into new markets within the region
  • Increased adoption of digital banking technologies
  • Acquisition of smaller banks or credit unions
  • Growth in commercial lending
  • Cross-selling opportunities

Threats

  • Increased competition from national banks and online lenders
  • Rising interest rates
  • Economic downturn
  • Regulatory changes
  • Cybersecurity threats

Competitors and Market Share

competitor logo Key Competitors

  • Bank of America (BAC)
  • Santander (SAN)
  • Eastern Bankshares, Inc. (EBC)

Competitive Landscape

HarborOne faces intense competition from larger national banks and regional players. Its advantages include local market knowledge and personalized customer service. Its disadvantages include limited geographic diversification and smaller scale.

Growth Trajectory and Initiatives

Historical Growth: Check the company's investor relations website or financial news sources for growth trends.

Future Projections: Future Projections are based on analyst estimates for the company.

Recent Initiatives: HarborOne has focused on expanding its commercial lending business, investing in digital banking technologies, and strengthening its community relationships.

Summary

HarborOne is a community-focused bank with a strong presence in Massachusetts and Rhode Island. Its strengths include its local expertise and diversified product offerings. It faces challenges from larger competitors and economic uncertainties. Growth will depend on expanding its commercial lending business and adapting to digital banking trends.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Financial News Sources
  • Analyst Reports

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share data is estimates based on publicly available information and may not be precise. Investment decisions should be made after consulting with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About HarborOne Bancorp Inc

Exchange NASDAQ
Headquaters Brockton, MA, United States
IPO Launch date 2016-06-30
President, CEO & Director Mr. Joseph F. Casey
Sector Financial Services
Industry Banks - Regional
Full time employees 516
Full time employees 516

HarborOne Bancorp, Inc. provides financial services to individuals, families, small and mid-size businesses, and municipalities. The company operates in two segments, HarborOne Bank and HarborOne Mortgage. It offers deposit products that include checking, NOW, money market, savings, and sweep accounts, and term certificate of deposit accounts; and lending products comprise commercial real estate, commercial and Industrial, commercial construction, residential mortgages, home equity, and auto loans and personal lines of credit. The company also provides various educational services, such as free digital content, webinars, and recordings for small business and personal financial education under the HarborOne U name. The company operates through service branches and commercial lending offices in each of Boston, Massachusetts and Providence, and Rhode Island, as well as administrative office in Brockton and ATM locations in Massachusetts. HarborOne Bancorp, Inc. was founded in 1917 and is headquartered in Brockton, Massachusetts.