HarborOne

Jul 25, 2023

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Jun 30, 2023

HarborOne Q2 2023 Earnings Report

Net income of $7.5 million, or $0.17 per diluted share, was announced for the second quarter of 2023.

Key Takeaways

HarborOne Bancorp reported a net income of $7.5 million, or $0.17 per diluted share, for Q2 2023. This compares to a net income of $7.3 million, or $0.16 per diluted share, for the prior quarter and $10.0 million, or $0.21 per diluted share, for the same period last year.

Loan growth of $75.6 million, or 1.6%, and deposit growth of $45.8 million, or 1.1%, on a linked-quarter basis.

Completed share repurchase program.

Received regulatory non-objection for sixth share repurchase program.

Branch closures and relocation completed, providing long-term expense savings.

Total Revenue

$32.1M

Previous year: $37.2M