HarborOne Bancorp Posts Q2 Profit Gain

HarborOne Bancorp (NASDAQ:HONE), a Massachusetts-based community-oriented bank holding company, released its second quarter results on July 24, 2025. The bank reported diluted earnings per share of $0.20 (GAAP), topping consensus forecasts of $0.19 GAAP EPS. Total revenue (GAAP) reached $45.44 million. The quarter showed steady improvement in profitability and margin, even as the bank manages funding mix and asset quality amid preparation for its merger with Eastern Bankshares. Overall, the period reflected incremental progress, with key profitability measures rising despite pockets of deposit and credit-related pressure. Source: Analyst estimates for the quarter provided by FactSet. HarborOne Bancorp is community-based and It serves customers throughout Eastern Massachusetts and Rhode Island. Its core business includes providing consumer and commercial banking services, with commercial real estate lending representing its largest loan product category. It supports customers through a network of 30 full-service branches, online services, and commercial lending offices in Massachusetts and Rhode Island.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool