Company Information

  

Address: 770 OAK STREET  
City: BROCKTON 
State: MA 
Zip Code: 02301 
Telephone: 508-895-1000 

Description of Business

Primary SIC Code: 6022
(As filed with the SEC)  

HarborOne Bancorp, Inc. (hereafter referred to as "we", "our", "us", "HarborOne Bancorp" or the "Company") is a Massachusetts corporation that was formed in 2016 as part of the reorganization of HarborOne Bank ("HarborOne Bank" or the "Bank") into a two-tier mutual holding company structure with a mid-tier stock holding company. The Company sold 14,454,396 shares of common stock at $10.00 per share, including 1,187,188 shares purchased by the Company's Employee Stock Ownership Plan ("ESOP"). In addition, the Company issued 17,281,034 shares to HarborOne Mutual Bancshares, the Company's mutual holding company parent (the "MHC") and 385,450 shares to The HarborOne Foundation (the "Foundation"), a charitable foundation that was formed in connection with the stock offering and is dedicated to supporting charitable organizations operating in the Bank's local community. A total of 32,120,880 shares of common stock were outstanding following the completion of the stock offering.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20180.31NA56.97
12/20170.33NA58.06
06/2017-0.25NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.07Total Liab/Total Assets0.87
Net Inc/Total Assets0.00Total Liab/Inv Cap0.89
Net Inc/Inv Cap0.00Total Liab/Comm Equity15.92
Pretax Inc/Net Sales0.12Interest Coverage Ratio4.43
Net Inc/Net Sales0.07Curr Debt/Equity0.13
Cash Flow/Net Sales0.30LTD/EquityNA
SG&A/NetSales0.76Total Debt/Equity0.13
Asset Utilization   Liquidity  
Net Receivables Turnover23.84Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E5.74  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 36.03 37.96 38.04 36.21
Cost of Goods Sold 3.52 3.15 2.81 2.57
Selling & Admin Exps 27.60 29.69 28.44 26.88
Operating Income NA NA NA NA
Interest Exp 1.04 1.23 1.33 1.13
Pretax Income 3.07 3.13 4.54 5.17
Other Income NA NA NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 2.25 1.59 2.84 3.21

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 349.12 314.05 325.04 324.41
Receivables - Total 6.64 6.55 5.96 5.72
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 25.01 25.25 25.36 25.27
Total Assets 2,735.58 2,684.92 2,659.46 2,632.07
Liabilities        
Accounts Payable 0.42 0.52 0.55 0.49
Debt in Current Liabilities 0.00 44.00 10.00 30.00
Total Current Liabilities NA NA NA NA
Long-Term Debt NA NA NA NA
Total Liabilities 2,390.72 2,341.44 2,318.86 2,295.44
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.33 0.33 0.33 0.32
Retained Earnings 209.95 207.59 206.00 203.16
Treasury Stock -0.74 -0.28 NA NA
Total Stockholders' Equity 344.86 343.48 340.60 336.64
Total Liabilities and Stockholders' Equity 2,735.58 2,684.92 2,659.46 2,632.07

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 28.71 40.88 7.08 -34.54
Net Cash Provided by Investing Activities -51.29 -78.50 -35.36 -26.51
Net Cash Provided by Financing Activities 49.10 23.60 21.49 60.25

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2015102.175.77--
12/2016141.865.93--
12/2017144.8210.380.33
Growth Rates19.0534.14--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18736,11718.75




Report Date : 7/16/2018

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