HarborOne Bancorp Inc
HarborOne Bancorp, Inc. provides financial services to individuals, families, small and mid-size businesses, and municipalities. The company operates in two segments, HarborOne Bank and HarborOne Mortgage. It offers deposit products that include checking, NOW, money market, savings, and sweep accounts, and term certificate of deposit accounts; and lending products comprise commercial real estate,… Read more
HarborOne Bancorp Inc (HONE) - Total Assets
Latest total assets as of June 2025: $5.61 Billion USD
Based on the latest financial reports, HarborOne Bancorp Inc (HONE) holds total assets worth $5.61 Billion USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
HarborOne Bancorp Inc - Total Assets Trend (2014–2024)
This chart illustrates how HarborOne Bancorp Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
HarborOne Bancorp Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
HarborOne Bancorp Inc's total assets of $5.61 Billion consist of 8.9% current assets and 91.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.0% |
| Accounts Receivable | $18.39 Million | 0.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $45.26 Million | 0.8% |
| Goodwill | $59.04 Million | 1.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how HarborOne Bancorp Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: HarborOne Bancorp Inc's current assets represent 8.9% of total assets in 2024, a decrease from 10.1% in 2014.
- Cash Position: Cash and equivalents constituted 4.0% of total assets in 2024, up from 2.6% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 1.0% of total assets.
HarborOne Bancorp Inc Competitors by Total Assets
Key competitors of HarborOne Bancorp Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
HarborOne Bancorp Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - HarborOne Bancorp Inc generates 0.05x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, HarborOne Bancorp Inc generates $ 0.48 in net profit.
HarborOne Bancorp Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.10 | 0.12 | 0.12 |
| Quick Ratio | 0.10 | 0.11 | 0.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-4.03 Billion | $ -3.94 Billion | $ -3.03 Billion |
HarborOne Bancorp Inc - Advanced Valuation Insights
This section examines the relationship between HarborOne Bancorp Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.90 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 1.5% |
| Total Assets | $5.75 Billion |
| Market Capitalization | $396.28 Million USD |
Valuation Analysis
Below Book Valuation: The market values HarborOne Bancorp Inc's assets below their book value (0.07 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: HarborOne Bancorp Inc's assets grew by 1.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for HarborOne Bancorp Inc (2014–2024)
The table below shows the annual total assets of HarborOne Bancorp Inc from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $5.75 Billion | +1.50% |
| 2023-12-31 | $5.67 Billion | +5.75% |
| 2022-12-31 | $5.36 Billion | +17.70% |
| 2021-12-31 | $4.55 Billion | +1.56% |
| 2020-12-31 | $4.48 Billion | +10.46% |
| 2019-12-31 | $4.06 Billion | +11.11% |
| 2018-12-31 | $3.65 Billion | +36.06% |
| 2017-12-31 | $2.68 Billion | +9.66% |
| 2016-12-31 | $2.45 Billion | +13.18% |
| 2015-12-31 | $2.16 Billion | +5.94% |
| 2014-12-31 | $2.04 Billion | -- |