HarborOne Bancorp, Inc.: directors' dealings · United States · SEC (Form 4)

About HarborOne Bancorp, Inc.

HarborOne Bancorp, Inc. (ticker: HONE) is a U.S.-listed banking company traded on the NASDAQ Global Select Market in the United States. The company is the holding company for HarborOne Bank, a regional banking franchise focused on deposit gathering, lending, and financial services for consumers, small businesses, and local commercial clients. HarborOne is headquartered in Brockton, Massachusetts, which anchors the group in the Greater Boston/New England banking market. From a historical perspective, HarborOne combines a long local heritage with a more modern public-company structure. The underlying bank traces its origins to 1917, reflecting more than a century of community banking in its core markets. HarborOne Bancorp itself was formed in 2016 as a bank holding company, giving the group a formal listed structure and SEC reporting profile. For investors following U.S. regional banks, that matters: the company regularly files Form 10-K, 10-Q, 8-K and insider-related disclosures, making it a relatively transparent name from a governance and filings standpoint. HarborOne’s core business lines include commercial lending, commercial real estate lending, residential mortgage activity through HarborOne Mortgage, consumer banking, and deposit products. The bank also provides services tailored to business clients, such as cash management and credit solutions for small and medium-sized enterprises. A notable differentiator is “HarborOne U,” the bank’s financial education initiative, which offers digital content, webinars, and recordings aimed at small business and personal finance education. This reinforces HarborOne’s community-bank image and supports customer engagement beyond pure transaction banking. Competitively, HarborOne operates in a crowded and highly regulated U.S. banking environment. It faces competition from larger regional banks, community banks, credit unions, and national institutions with broader product sets and deeper balance-sheet capacity. Its competitive edge is less about scale and more about local franchise strength: long-standing relationships, proximity to customers, and familiarity with the Massachusetts and New England market. The company’s footprint is primarily centered in Massachusetts and the broader Boston-area market, which gives it a focused regional identity rather than a national platform. Recent strategic news is material. In April 2025, HarborOne announced a definitive merger agreement with Eastern Bankshares, Inc., a transaction that could significantly reshape the company’s equity story and long-term standalone profile. Recent quarterly results in 2025 also indicated improved sequential profitability in certain periods, though the business remains sensitive to net interest margin trends, credit costs, and the rate environment. For international investors, HarborOne Bancorp is best viewed as a New England regional bank with a long operating history, a community-oriented product mix, and a potentially changing strategic trajectory due to the announced merger.