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HarborOne Bancorp (HarborOne Bancorp) Equity-to-Asset

: 0.10 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HarborOne Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $583.8 Mil. HarborOne Bancorp's Total Assets for the quarter that ended in Dec. 2023 was $5,667.9 Mil. Therefore, HarborOne Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.10.

The historical rank and industry rank for HarborOne Bancorp's Equity-to-Asset or its related term are showing as below:

HONE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.12   Max: 0.16
Current: 0.1

During the past 10 years, the highest Equity to Asset Ratio of HarborOne Bancorp was 0.16. The lowest was 0.09. And the median was 0.12.

HONE's Equity-to-Asset is ranked better than
59.21% of 1471 companies
in the Banks industry
Industry Median: 0.09 vs HONE: 0.10

HarborOne Bancorp Equity-to-Asset Historical Data

The historical data trend for HarborOne Bancorp's Equity-to-Asset 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
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.16 0.15 0.12 0.10

HarborOne Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 0.12 0.11 0.11 0.10 0.10

Competitive Comparison

For the Banks - Regional subindustry, HarborOne Bancorp's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HarborOne Bancorp Equity-to-Asset Distribution

For the Banks industry and Financial Services sector, HarborOne Bancorp's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where HarborOne Bancorp's Equity-to-Asset falls into.



HarborOne Bancorp Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

HarborOne Bancorp's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=583.759/5667.896
=0.10

HarborOne Bancorp's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=583.759/5667.896
=0.10

* 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) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


HarborOne Bancorp Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of HarborOne Bancorp's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


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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