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Sep 30, 2022
HarborOne Q3 2022 Earnings Report
Net income increased due to expanded margin and net interest income expansion.
Key Takeaways
HarborOne Bancorp, Inc. reported a net income of $13.8 million, or $0.30 per basic and diluted share, for the third quarter of 2022. The company's net interest income also increased by $12.4 million, or 12.7%.
Net income increased $3.8 million, or 37.8%.
Return on average assets was 1.14%, and return on average equity was 8.76%.
Loan growth of $285.4 million, or 7.3%.
Total deposit growth $35.2 million, or 0.91% and core deposit growth of $22.9 million, or 0.70%.
Forward Guidance
This document does not contain forward guidance.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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