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OneMain (OMF) - 2024 Q3 - Quarterly Results
2024-10-30 10:32
Exhibit 99.1 ONEMAIN HOLDINGS, INC. REPORTS THIRD QUARTER 2024 RESULTS – 3Q 2024 Diluted EPS of $1.31 – 3Q 2024 C&I adjusted diluted EPS of $1.26 – 3Q 2024 Managed receivables of $24.3 billion – Declared quarterly dividend of $1.04 per share – Repurchased 420 thousand shares for $19 million in 3Q New York, NY, October 30, 2024 - OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today reported pretax income of $207 million and net income of $157 milli ...
Rate Cuts To Boost OneMain Financial
Seeking Alpha· 2024-10-21 12:18
OneMain Holdings (NYSE: OMF ) is a stock I've covered twice before. The first article was my inaugural piece for Seeking Alpha, in which I went over the business model and why OMF was a leaderMy articles are written with a mind to owning a stock for years, not trying to predict price movements in a few months. I don't do target prices; I do valuations.I first entered investing in 2020 as an individual value investor, keen to understand the fundamentals of businesses and buy their shares at attractive prices ...
OneMain Holdings Announces Date of Third Quarter 2024 Earnings Release and Conference Call
Prnewswire· 2024-10-08 21:00
NEW YORK, Oct. 8, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, plans to report its third quarter 2024 results before the market opens on Wednesday, October 30, 2024. The earnings release will be available on OneMain's investor relations website at https://investor.onemainfinancial.com/. A conference call to discuss the company's results, outlook and related matters will be held that morning at 9:00 a.m. Eastern. The general ...
OneMain Holdings to Present at Barclays Global Financial Services Conference
Prnewswire· 2024-09-03 20:30
NEW YORK, Sept. 3, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, announced today that Doug Shulman, Chairman and CEO, will present at the Barclays 22nd Annual Global Financial Services Conference at 9:45 a.m. Eastern on Tuesday, September 10. Webcast Information The general public is invited to listen to the live audio webcast through the Investor Relations section of OneMain's website at http://investor.onemainfinancial.com. ...
OneMain Financial: Stock Still A Buy Despite Economic Weakness
Seeking Alpha· 2024-08-07 14:44
Brett_Hondow Introduction Consumer lender OneMain Financial (NYSE:OMF) announced its second quarter earnings last week. The lender beat earnings expectations and grew revenue, but a twoday sell-off ensued as investors have concerns about the health of the economy. With a 15% drop in share prices last week, and having covered both the company's bonds and shares in the past, I wanted to take a fresh look at the situation. Second Quarter Earnings With an assist from higher interest rates, OneMain saw interest ...
OneMain (OMF) - 2024 Q2 - Quarterly Report
2024-08-01 12:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-36129 (OneMain Holdings, Inc.) 001-06155 (OneMain Finance Corporation) ONEMAIN HOLDINGS, INC. ONEMAIN FINANCE CORPORATION (Exact ...
OneMain (OMF) - 2024 Q2 - Earnings Call Presentation
2024-07-31 17:50
| --- | --- | --- | --- | |----------------------------|-------|-------|-------| | | | | | | | | | | | 2Q24 | | | | | | | | | | | | | | | | | | | | | | | | | Financial Results | | | | | | | | | | | | | | | NYSE: OMF \| July 31, 2024 | | | | | | | | | | | | | | | | | | | | | | | | Important Information The following slides are part of a presentation by OneMain Holdings, Inc. (the "Company") in connection with reporting quarterly financial results and are intended to be viewed as part of that presentation. No ...
OneMain (OMF) - 2024 Q2 - Earnings Call Transcript
2024-07-31 17:45
OneMain Holdings, Inc. (NYSE:OMF) Q2 2024 Earnings Conference Call July 31, 2024 9:00 AM ET Company Participants Peter Poillon - Head, IR Doug Shulman - Chairman & CEO Jenny Osterhout - CFO Conference Call Participants Terry Ma - Barclays Moshe Orenbuch - TD Cowen Michael Kaye - Wells Fargo Rick Shane - JPMorgan Mihir Bhatia - Bank of America John Rowan - Janney Vincent Caintic - BTIG Mark DeVries - Deutsche Bank David Scharf - Citizens JMP Operator Please standby we're about to begin. Welcome to the OneMai ...
OneMain Holdings (OMF) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-31 12:56
OneMain Holdings (OMF) came out with quarterly earnings of $1.02 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $1.01 per share a year ago. These figures are adjusted for non-recurring items. What's Next for OneMain? OneMain, which belongs to the Zacks Financial - Consumer Loans industry, posted revenues of $922 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 0.36%. This compares to year-ago revenues of $873 million. The c ...
OneMain (OMF) - 2024 Q2 - Quarterly Results
2024-07-31 10:46
Exhibit 99.1 New York, NY, July 31, 2024 - OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today reported pretax income of $92 million and net income of $71 million for the second quarter of 2024, compared to $138 million and $103 million, respectively, in the prior year quarter. Earnings per diluted share were $0.59 in the second quarter of 2024, compared to $0.85 in the prior year quarter. During the quarter, the Company repurchased approximately ...