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HarborOne Bancorp: Q3 Earnings Snapshot

HarborOne Bancorp: Q3 Earnings Snapshot

By AP News
Published - Oct 24, 2024, 08:29 AM ET
Last Updated - Dec 16, 2024, 06:01 PM EST

BROCKTON, Mass. (AP) — BROCKTON, Mass. (AP) — HarborOne Bancorp Inc. (HONE) on Thursday reported third-quarter net income of $3.9 million.

The Brockton, Massachusetts-based bank said it had earnings of 10 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share.

The bank holding company posted revenue of $79.6 million in the period. Its revenue net of interest expense was $42.5 million, which also fell short of Street forecasts.

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