HarborOne Bank Saw Second Quarter Earnings Fall 30 Percent
Brockton-based HarborOne Bank saw year-over-year earnings drop 30 percent as mortgage banking income fell by almost 50 percent in the second quarter.
Personnel File – No.289
From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.
HarborOne Increases Quarterly Dividend
The parent company of HarborOne Bank plans to increase its quarterly shareholder dividend by 40 percent, the bank said in a statement last week.
HarborOne Sees Earnings Increase 30 Percent
HarborOne saw fourth quarter earnings drop about 28 percent year-over-year as mortgage demand declined, but the Brockton-based bank still saw full-year earnings increase by 30 percent.
Mass. Banks See Improvements in Credit Quality in Q1
Local banks continued to reduce the provision for loan losses in the first quarter in a sign that pandemic-related credit concerns continue to stabilize.
Harbor One Saw Record Earnings in the Fourth Quarter
HarborOne Bank had record earnings per share in the fourth quarter as its mortgage company had more than $800 million in loan closings.
Mortgage Activity Drives Q3 Earnings at MA Stock Banks
Massachusetts’ stock banks have continued to see positive earnings during the pandemic, with the third quarter giving at least one local bank the best quarter in its history.
HarborOne Declares First Dividend Since Going Public
HarborOne Bancorp will pay its first shareholder dividend in July, a year after going fully public.
Mortgages Help Drive HarborOne’s Performance
An increase in mortgage originations helped drive HarborOne Bank’s performance in the first quarter.
HarborOne Sees Loan Growth in 2019
HarborOne Bank reported net income of $18.3 million for the year 2019 after completing its conversion to a stock holding company.
HarborOne Bancorp’s Shares Fall Following Acquisition
HarborOne Bancorp’s stock is down more than $2 since it announced the acquisition of Warwick, Rhode Island-based Coastway Bancorp on March 14.
HarborOne Begins Public Presence With Nasdaq Appearance
HarborOne Bank marked its first day as a publicly traded company with President and CEO James W. Blake ringing the opening bell on the floor of Nasdaq Global Select Market yesterday, a day after the Initial Purchase Offering was completed.
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