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Why HarborOne Bancorp's Stock Is Rising This Week


Shares of the Massachusetts community bank HarborOne Bancorp (NASDAQ: HONE) rose this week after the company reported its third-quarter earnings results for the year.

According to data provided by S&P Global Market Intelligence, shares traded 11.3% higher on the week as of 2:40 p.m. ET Thursday.

The nearly $5 billion asset bank reported diluted earnings per share of $0.30 on total revenue of about $53.5 million. Both numbers beat analyst estimates for the quarter.

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Source Fool.com

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