NASDAQ$HONE
HarborOne Bancorp Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Reported net income of $11.9 million and EPS of $0.22, marking the best quarterly financial performance in HarborOne's history.
HarborOne Bancorp, Inc. reported a strong third quarter with net income topping $11.8 million, driven by historic levels of residential real estate mortgage originations and commercial loan growth.
- Net income reached $11.9 million, with EPS at $0.22.
- Return on average assets was 1.09%, and return on average equity was 6.90%.
- Net interest margin expanded by 9 basis points to 3.09%.
- Commercial loan growth was $104.3 million, a 5.3% increase.
Headline financials
Revenue & EPS history
HarborOne · Revenue · Quarterly
$75.6M
Revenue by segment
HarborOne · $5.99M total across 4 segments · Q4 2021
- Deposit Account Fees$4.78M—79.9%
- Other Income$589K—9.8%
- Bank-Owned Life Insurance Income$506K—8.5%
- Income on Retirement Plan Annuities$109K—1.8%
Forward guidance
The company expects interest rates to remain low and the economic environment to continue to be volatile as the impact of the COVID-19 pandemic is realized.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 6 quarterly earnings reports
+0.0%
Avg return
Earnings day
-3.0%
Avg return
5 days after
-1.7%
Avg return
30 days after
56%
20 / 36 earnings
Positive
+10.4%
Q1 2020
Best reaction
-13.3%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2025 | — | — | — | |
| Q2 2025 | -2.1% | -2.0% | +3.2% | |
| Q1 2025 | +1.9% | +0.9% | +0.8% | |
| Q4 2024 | -3.5% | -3.1% | -3.8% | |
| Q3 2024 | -13.3% | -8.6% | -1.1% | |
| Q2 2024 | +3.0% | +1.6% | -0.7% | |
| Q1 2024 | +2.1% | +0.9% | +5.2% | |
| Q4 2023 | -9.7% | -10.8% | -15.8% | |
| Q3 2023 | +4.6% | — | — | |
| Q2 2023 | +2.6% | — | — | |
| Q1 2023 | -0.5% | — | — | |
| Q4 2022 | -3.5% | — | — | |
| Q3 2022 | +7.1% | — | — | |
| Q2 2022 | +1.0% | — | — | |
| Q1 2022 | +0.5% | — | — | |
| Q4 2021 | -2.5% | — | — | |
| Q3 2021 | -2.4% | — | — | |
| Q2 2021 | -3.2% | — | — | |
| Q1 2021 | -2.3% | — | — | |
| Q4 2020 | +4.0% | — | — | |
| Q3 2020 | -2.4% | — | — | |
| Q2 2020 | +8.0% | — | — | |
| Q1 2020 | +10.4% | — | — | |
| Q4 2019 | -0.4% | — | — | |
| Q3 2019 | +2.3% | — | — | |
| Q2 2019 | +1.2% | — | — | |
| Q1 2019 | +0.0% | — | — | |
| Q4 2018 | -4.3% | — | — | |
| Q3 2018 | +3.3% | — | — | |
| Q2 2018 | +0.9% | — | — | |
| Q1 2018 | +3.2% | — | — | |
| Q4 2017 | -3.7% | — | — | |
| Q3 2017 | +0.3% | — | — | |
| Q2 2017 | +0.3% | — | — | |
| Q1 2017 | +3.1% | — | — | |
| Q4 2016 | -6.3% | — | — | |
| Q3 2016 | +1.6% | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — |
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