Here's What Key Metrics Tell Us About HarborOne Bancorp (HONE) Q4 Earnings

Core Insights - HarborOne Bancorp (HONE) reported a revenue of $45.52 million for the quarter ended December 2024, reflecting a year-over-year increase of 17.9% and a surprise of +4.95% over the Zacks Consensus Estimate of $43.37 million [1] - The earnings per share (EPS) for the quarter was $0.20, compared to $0.09 in the same quarter last year, resulting in an EPS surprise of +11.11% against the consensus estimate of $0.18 [1] Financial Performance Metrics - The efficiency ratio for HarborOne Bancorp was reported at 71.8%, which is better than the four-analyst average estimate of 74.6% [4] - The net interest margin stood at 2.4%, slightly above the three-analyst average estimate of 2.3% [4] - Total noninterest income was $13.69 million, exceeding the average estimate of $11.43 million from four analysts [4] - Net interest income was reported at $31.83 million, which was below the three-analyst average estimate of $32.70 million [4] Stock Performance - Over the past month, shares of HarborOne Bancorp have returned +2%, outperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]