# Happen, Inc. (HAPN)

- Sector: Financials · Industry: Banks Regional
- SEC CIK: 0001409970 ([filings on EDGAR](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001409970))
- Full page: https://inspectstocks.com/stocks/hapn
- Data as of: price 2026-09-28; newest filing used 2026-07-30; latest fiscal period ended 2026-06-30

## Grade

**B** on the balance-sheet rubric used for lenders, 4 of 5 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | passed | $195.6M |  |
| Earnings growing overall | failed | $195.6M | $289.7M |
| Earnings growing recently | passed | $195.6M | $135.7M |
| Earns well on its assets | passed | 1.6% |  |
| Book value per share growing | passed | $12.80 | $11.19 |

Business quality (the + / − mark): 5 of 8 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | passed | 18.7% |  |
| Healthy profit margin | passed | 18.7% |  |
| Good return on equity | failed | 13.0% |  |
| Debt under control | passed | 0.01 |  |
| Turns sales into cash | failed | -282.2% |  |
| Earns a wide spread on lending | passed | 5.8% |  |
| Runs the bank efficiently | failed | 68.2% |  |
| Credit losses well covered | passed | 7.9% |  |

How the grade works: the letter counts failed checks (none → A, one → B, two → C, three → D, four or more → F). It is built from SEC filings only — the share price never enters it — and describes the business, not whether the stock is worth buying.

## Key figures

In US dollars, as filed.

| Measure | Value |
| --- | --- |
| Revenue, trailing twelve months | $1B |
| Net income, trailing twelve months | $195.6M |
| Free cash flow, trailing twelve months | -$3B |
| Net margin | 18.7% |
| Return on equity | 13.0% |
| Debt to equity | 0.01 |
| Diluted EPS, trailing twelve months | $1.66 |
| Share price | $14.90 |
| Market value | $1.7B |
| Price / earnings | 9.0x |
| Price / sales | 1.6x |

## More on this company

- [Overview](https://inspectstocks.com/stocks/hapn)
- [Financial statements](https://inspectstocks.com/stocks/hapn/financials)
- [Competitors](https://inspectstocks.com/stocks/hapn/peers)
- [Earnings](https://inspectstocks.com/stocks/hapn/earnings)

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Source: InspectStocks, built from the company’s own SEC filings. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.