HONE News & Events

Eastern Bankshares (EBC) and HarborOne Bancorp (HONE) jointly announced they have received all the necessary regulatory approvals to complete their proposed merger, which was previously announced on April 24. Eastern and HarborOne expect the Merger to close on or about November 1.

Reports Q2 NII 33.215M vs $31.350M last year. "I'm pleased to report our steady financial improvement in the second quarter," commented Joseph F. Casey, President and CEO, "including net interest margin expansion, improved core returns on assets and equity, and continued management of expenses." He continued: "While we look forward to a successful merger with Eastern, the HarborOne team remains focused on continuing to provide superior service and a seamless transition to our customers, communities and employees."