By Stephen Nakrosis
Shares of HarborOne Bancorp were lower after the holding company for HarborOne Bank reported third-quarter results which missed some analysts' estimates.
Shortly before the closing bell Thursday, shares of HarborOne were down 14%, at $11.45.
Before the bell, HarborOne reported third-quarter earnings per share of 10 cents. Analysts were expecting earnings of 19 cents a share, according to FactSet.
In the year-ago period, the company reported earnings of 18 cents a share.
The company said third-quarter results include a credit-loss provision of $5.9 million, primarily as a result of a suburban office commercial real-estate credit.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
October 24, 2024 15:56 ET (19:56 GMT)
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