---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-005686"
form_type: "8-K"
ticker: null
cik: "0001769617"
company_name: "HarborOne Bancorp, Inc."
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:09:46.154482+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# HarborOne Bancorp Q1 net income $7.3M ($0.17 EPS), up from Q4 loss; dividend up 6.7%

## Summary
- Net income of $7.3M ($0.17 diluted EPS) vs Q4 net loss of $7.1M (adjusted net income $3.7M, $0.09).
- Net interest income $30.6M, down $3.8M YoY but up $0.9M linked quarter; NIM 2.25%.
- Loan growth $26.4M (2.2% annualized); nonperforming assets fell to $12.2M (0.21% of assets).
- Repurchased 558,900 shares for $5.8M; increased quarterly dividend by 6.7%.
- Negative provision for credit losses $168K; TCE ratio 8.92% (down from 9.33%).

## SEC filing metadata
- accession: 0001558370-24-005686
- form_type: 8-K
- cik: 0001769617
- company_name: HarborOne Bancorp, Inc.
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1769617/000155837024005686/0001558370-24-005686-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1769617/000155837024005686/hone-20240425x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-005686
- JSON: https://secwatch.observer/filing/0001558370-24-005686.json
- Plain text: https://secwatch.observer/filing/0001558370-24-005686.txt

## Key facts
- Earnings Releases
  HarborOne Bancorp, Inc. reported the first quarter of 2024 results: net income $7.3 million, EPS $0.17 per diluted share.
  - Period: the first quarter of 2024
  - Net income: $7.3 million
  - EPS: $0.17 per diluted share
  - Result: reported results
  source text: HarborOne Bancorp, Inc. (the “Company” or “HarborOne”) (NASDAQ: HONE), the holding company for HarborOne Bank (the “Bank”), announced net income of $7.3 million, or $0.17 per diluted share, for the first quarter of 2024, compared to a net loss of $7.1 million, or $0.17 per diluted share for the preceding quarter, and net income of $7.3 million, or $0.16 per diluted share for the same period last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1769617/000155837024005686/0001558370-24-005686-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.