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HarborOne Bancorp (HarborOne Bancorp) Cash Flow from Operations

: $53.5 Mil (TTM As of Dec. 2023)
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Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Dec. 2023, HarborOne Bancorp's Net Income From Continuing Operations was $-7.1 Mil. Its Depreciation, Depletion and Amortization was $1.2 Mil. Its Change In Working Capital was $-21.0 Mil. Its cash flow from deferred tax was $0.0 Mil. Its Cash from Discontinued Operating Activities was $0.0 Mil. Its Asset Impairment Charge was $0.0 Mil. Its Stock Based Compensation was $1.2 Mil. And its Cash Flow from Others was $9.7 Mil. In all, HarborOne Bancorp's Cash Flow from Operations for the three months ended in Dec. 2023 was $-16.1 Mil.


HarborOne Bancorp Cash Flow from Operations Historical Data

The historical data trend for HarborOne Bancorp's Cash Flow from Operations can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

HarborOne Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Flow from Operations
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -36.13 -26.95 224.30 68.90 53.51

HarborOne Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash Flow from Operations Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.61 9.67 31.90 28.02 -16.08

HarborOne Bancorp Cash Flow from Operations Calculation

Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

HarborOne Bancorp's Cash Flow from Operations for the fiscal year that ended in Dec. 2023 is calculated as:

HarborOne Bancorp's Cash Flow from Operations for the quarter that ended in Dec. 2023 is:


Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $53.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


HarborOne Bancorp  (NAS:HONE) Cash Flow from Operations Explanation

For companies reported in indirect method, cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

HarborOne Bancorp's net income from continuing operations for the three months ended in Dec. 2023 was $-7.1 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
The term depreciation is used when discussing man made tangible assets
The term depletion is used when discussing natural tangible assets
The term amortization is used when discussing intangible assets

HarborOne Bancorp's depreciation, depletion and amortization for the three months ended in Dec. 2023 was $1.2 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

HarborOne Bancorp's change in working capital for the three months ended in Dec. 2023 was $-21.0 Mil. It means HarborOne Bancorp's working capital declined by $21.0 Mil from Sep. 2023 to Dec. 2023 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

HarborOne Bancorp's cash flow from deferred tax for the three months ended in Dec. 2023 was $0.0 Mil.

5. Cash from Discontinued Operating Activities:
Net cash from all of the entity's discontinued operating activities.

HarborOne Bancorp's cash from discontinued operating Activities for the three months ended in Dec. 2023 was $0.0 Mil.

6. Asset Impairment Charge:
It is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

HarborOne Bancorp's asset impairment charge for the three months ended in Dec. 2023 was $0.0 Mil.

7. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

HarborOne Bancorp's stock based compensation for the three months ended in Dec. 2023 was $1.2 Mil.

8. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

HarborOne Bancorp's cash flow from others for the three months ended in Dec. 2023 was $9.7 Mil.


HarborOne Bancorp Cash Flow from Operations Related Terms

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HarborOne Bancorp (HarborOne Bancorp) Business Description

Traded in Other Exchanges
Address
770 Oak Street, Brockton, MA, USA, 02301
HarborOne Bancorp Inc is a bank holding company. The company is engaged in providing financial services like accepting deposits, lending loans, online and mobile banking, cash management, credit cards, money market accounts, and wealth management. The Company has two reportable segments: HarborOne Bank and HarborOne Mortgage. The bank provides financial services to individuals and businesses online and through its 24 full-service branches located in Massachusetts and Rhode Island, one limited-service branch, and a commercial lending office in each of Boston, Massachusetts and Providence, Rhode Island.
Executives
Joseph F Casey officer: President & COO C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Michael James Sullivan director, officer: Chairman of the Board C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Linda Simmons officer: Senior V.P., CFO 6 VALLEY DRIVE, SOUTH DARTMOUTH MA 02748
Brent W. Grable officer: SVP, CHIEF INFORMATION OFFICER HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Susan Bugnacki Stewart officer: CHIEF HUMAN RESOURCES OFFICER C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Gordon Jezard director C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Joseph E. Mcquade officer: Chief Enterprise Risk Officer C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCTON MA 02301
Anne H. Margulies director C/O HENRY SCHEIN, INC., 135 DURYEA ROAD, MELVILLE NY 11747
James W. Blake director, officer: CEO & Secretary C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
David E. Tryder officer: Senior V. P. - CMO C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Barry R. Koretz director C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Andreana Santangelo director C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Kevin M. Hamel officer: Chief Information Officer C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Inez Friedman-boyce officer: General Counsel C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Mark T Langone officer: SVP-Chief Enterprise Risk Off

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