HarborOne Bancorp, Inc. declares second quarter cash dividend

BROCKTON, Massachusetts, July 01, 2021– (COMMERCIAL THREAD) – HarborOne Bancorp, Inc. (the “Company” (NASDAQ: HONE), the holding company of HarborOne Bank, today announced that its board of directors has declared a quarterly cash dividend of $ 0.05 per share, payable in July 28 February 2021 to all shareholders of record at the close of business on July 14, 2021.

Forward-looking statements

Certain statements contained in this document constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as “believes”, “will”, “will”, “expects”, “draft”, “could”, “could”, ” “opportunities”, “anticipates”, “estimates”, “intends”, “plans”, “targets” and the like. These statements are based on the current beliefs and expectations of the management of the Company and are subject to significant risks and uncertainties. Actual results may differ materially from those stated in forward-looking statements due to many factors. Factors that could cause such differences include, but are not limited to, impacts n the effects and disruptions of the COVID-19 pandemic and the measures taken to contain its spread to our employees, customers, business operations, credit quality, financial condition, liquidity and results of operations; changes in general business and economic conditions on a national basis and in the local markets in which the Company operates; changes in customer behavior; the possibility that future credit losses, defaults and write-off rates will be higher than expected due to changes in economic assumptions or adverse economic developments; turmoil in capital and debt markets; changes in interest rates; decreases in the value of securities and other assets; declines in deposit levels requiring increased borrowing to finance loans and investments; competitive pressures from other financial institutions; operational risks, including, but not limited to, cybersecurity incidents, fraud, natural disasters and future pandemics; changes in regulations; reputational risks associated with the Company’s participation in the Paycheque Protection Program and other legislative and regulatory initiatives and programs related to the pandemic; changes in accounting standards and practices; the risk that goodwill and intangible assets recorded in our financial statements will be impaired; the risks associated with the implementation of acquisitions, divestitures and restructurings, including the risk that the acquisitions will not produce results at the levels or within the time frames initially foreseen; the risk that we may not be successful in implementing our business strategy; changes in the assumptions used to make these forward-looking statements; and the risk factors described in the Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”), which are available on the SEC website, www.sec.gov. If one or more of these risks materialize or if the underlying beliefs or assumptions prove to be incorrect, the actual results of HarborOne Bancorp, Inc. could differ materially from those discussed. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any obligation to publicly update or revise forward-looking statements to reflect changes in underlying assumptions or factors, new information, future events or other changes, except as required by law. .

About HarborOne Bancorp, Inc.

HarborOne Bancorp, Inc. is the holding company of HarborOne Bank, a Massachusetts chartered savings bank. HarborOne Bank serves the financial needs of consumers, businesses and municipalities in eastern Massachusetts and Rhode Island through a network of 27 full-service branches located in Massachusetts and Rhode Island, and a commercial loan office in each of Boston, Massachusetts and Providence, Rhode Island. The Bank also offers a range of educational services through “HarborOne U”, with courses in small business, financial literacy and personal enrichment at two campuses adjacent to our Brockton and Mansfield locations. HarborOne Mortgage, LLC, a subsidiary of HarborOne Bank, is a full-service mortgage lender with more than 30 offices in Massachusetts, Rhode Island, New Hampshire, Maine, and New Jersey and is licensed to lend in five other states .

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210701005124/en/


Linda Simmons, Executive Vice President, Chief Financial Officer (508) 895-1379

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