HarborOne Bancorp Inc

NASDAQ HONE

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HarborOne Bancorp Inc Payables Turnover 5 year CAGR for the quarter ending June 30, 2023

HarborOne Bancorp Inc Payables Turnover 5 year CAGR is NA for the quarter ending June 30, 2023. Payables turnover measures the efficiency with which a company manages its accounts payable. It is calculated by dividing the cost of revenue by the accounts payable. This ratio indicates how quickly a company pays off its obligations to suppliers and vendors. A higher turnover suggests that the company is efficiently managing its accounts payable, while a lower ratio may indicate a slower payment process or potential liquidity issues. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

HarborOne Bancorp Inc Payables Turnover for the quarter ending March 31, 2022 was 87.85, a 14,655.55% change year over year.
HarborOne Bancorp Inc Payables Turnover for the quarter ending March 31, 2021 was 0.60, a 59.53% change year over year.
HarborOne Bancorp Inc Payables Turnover for the quarter ending March 31, 2020 was 0.37, a 0.24% change year over year.

NASDAQ: HONE

HarborOne Bancorp Inc

CEO	Mr. Joseph F. Casey
IPO Date	June 30, 2016
Location	United States
Headquarters	770 Oak Street, Brockton, MA, United States, 02301
Employees	533
Sector	Financial Services
Industry	Banks - regional

Description

HarborOne Bancorp, Inc. operates as the holding company for HarborOne Bank that provides financial services to individuals, families, small and mid-size businesses, and municipalities. The company operates in two segments, HarborOne Bank and HarborOne Mortgage. Its primary deposit products include checking, money market, savings, and term certificate of deposit accounts; and primary lending products comprise commercial real estate, commercial, residential mortgages, home equity, and consumer loans. The company also originates, sells, and services residential mortgage loans. In addition, it provides various educational services, such as free digital content, webinars, and recordings for small business and personal financial education under the HarborOne U name. The company operates through a network of full-service branches located in Massachusetts and Rhode Island, as well as commercial lending offices in each of Boston, Massachusetts, and Providence, Rhode Island, as well as administrative offices in Brockton, Massachusetts, as well as ATM locations in Massachusetts. HarborOne Bancorp, Inc. was founded in 1917 and is headquartered in Brockton, Massachusetts.

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