HarborOne reports $12M Q1 earnings amid fall in mortgage banking income

Nancy Lavin

05/02/2022

HARBORONE BANCORP INC. reported a $12.3 million first-quarter profit on April 28.

BROCKTON, Mass. – HarborOne Bancorp Inc. saw its quarterly profit cut by more than a third compared with a year ago amid major declines in mortgage banking income in the first quarter in 2022. The parent company for Harbor One Bank, which has eight branches in Rhode Island since it acquired Coastway Bancorp in 2018,…

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