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Dec 31, 2021
HarborOne Q4 2021 Earnings Report
HarborOne's financial results for Q4 2021 were announced.
Key Takeaways
HarborOne Bancorp, Inc. reported a net income of $12.6 million, or $0.25 per diluted share, for the fourth quarter of 2021, slightly up from the preceding quarter but down compared to the same quarter in 2020.
Net income for Q4 2021 was $12.6 million, or $0.25 per diluted share.
Net interest and dividend income was $34.0 million for Q4 2021, up 3.8% year-over-year.
Total noninterest income decreased by 48.2% compared to Q4 2020, mainly due to a decrease in mortgage banking income.
Recorded a reversal of provision for loan losses of $1.4 million for the quarter ended December 31, 2021.
Revenue by Segment
Historical Earnings Impact
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Avg. Return Before/After Earnings
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