HarborOne Historical Income Statement

HONE Stock  USD 12.88  0.04  0.31%   
Historical analysis of HarborOne Bancorp income statement accounts such as Selling General Administrative of 82.7 M or Selling And Marketing Expenses of 3.5 M can show how well HarborOne Bancorp performed in making a profits. Evaluating HarborOne Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of HarborOne Bancorp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining HarborOne Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether HarborOne Bancorp is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HarborOne Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade HarborOne Stock refer to our How to Trade HarborOne Stock guide.

About HarborOne Income Statement Analysis

HarborOne Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to HarborOne Bancorp shareholders. The income statement also shows HarborOne investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

HarborOne Bancorp Income Statement Chart

At present, HarborOne Bancorp's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 82.7 M, whereas Gross Profit is forecasted to decline to about 144.7 M.

Total Revenue

Total revenue comprises all receipts HarborOne Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of HarborOne Bancorp minus its cost of goods sold. It is profit before HarborOne Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from HarborOne Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into HarborOne Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HarborOne Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade HarborOne Stock refer to our How to Trade HarborOne Stock guide.At present, HarborOne Bancorp's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 82.7 M, whereas Gross Profit is forecasted to decline to about 144.7 M.
 2021 2022 2023 2024 (projected)
Interest Expense12.5M22.9M117.0M122.9M
Depreciation And Amortization5.6M4.8M4.6M4.7M

HarborOne Bancorp income statement Correlations

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HarborOne Bancorp Account Relationship Matchups

HarborOne Bancorp income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization6.7M5.7M5.6M4.8M4.6M4.7M
Interest Expense45.7M28.5M12.5M22.9M117.0M122.9M
Selling General Administrative87.8M106.8M103.3M84.7M77.4M82.7M
Selling And Marketing Expenses3.7M3.4M3.6M3.9M3.7M3.5M
Total Revenue164.3M248.9M226.3M204.9M163.4M167.4M
Gross Profit164.3M248.9M226.3M2.4M163.4M144.7M
Other Operating Expenses141.6M190.9M145.9M212.6M113.4M99.8M
Operating Income22.7M58.0M80.5M84.7M26.8M45.3M
Net Income From Continuing Ops18.3M44.8M58.5M45.6M32.8M26.0M
Ebit22.7M42.4M64.6M51.8M16.0M15.2M
Ebitda29.4M48.0M70.2M56.6M20.6M19.6M
Total Operating Expenses(141.6M)(190.9M)(145.9M)10.0M113.4M119.1M
Income Before Tax22.7M58.0M80.5M61.7M25.1M33.1M
Total Other Income Expense Net22.7M(23.0M)(17.0M)(15.0M)(1.7M)(1.7M)
Net Income Applicable To Common Shares18.3M44.8M58.5M45.6M52.4M55.0M
Net Income18.3M44.8M58.5M45.6M16.1M24.1M
Income Tax Expense4.4M13.2M21.9M16.1M9.0M9.0M
Tax Provision4.4M13.2M21.9M16.1M10.0M9.9M
Net Interest Income109.1M120.1M131.4M149.0M136.8M112.8M
Interest Income154.8M148.6M143.9M171.9M231.8M146.5M
Reconciled Depreciation6.8M5.7M5.6M4.8M4.6M5.4M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether HarborOne Bancorp is a strong investment it is important to analyze HarborOne Bancorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact HarborOne Bancorp's future performance. For an informed investment choice regarding HarborOne Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HarborOne Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade HarborOne Stock refer to our How to Trade HarborOne Stock guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HarborOne Bancorp. If investors know HarborOne will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HarborOne Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.51)
Dividend Share
0.315
Earnings Share
0.29
Revenue Per Share
3.816
Quarterly Revenue Growth
(0.15)
The market value of HarborOne Bancorp is measured differently than its book value, which is the value of HarborOne that is recorded on the company's balance sheet. Investors also form their own opinion of HarborOne Bancorp's value that differs from its market value or its book value, called intrinsic value, which is HarborOne Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HarborOne Bancorp's market value can be influenced by many factors that don't directly affect HarborOne Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HarborOne Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if HarborOne Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HarborOne Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.