SAN CARLOS, Calif., April 22, 2024 (GLOBE NEWSWIRE) -- Oportun (NASDAQ:OPRT) ("Oportun", or the "Company"), a mission-driven fintech, today announced the appointment of Scott Parker as a new independent director and Richard Tambor as an observer to Oportun's Board of Directors, each effective immediately. Tambor will stand for election to Oportun's Board of Directors at Oportun's 2024 annual shareholder meeting later this year. The appointments are in connection with a cooperation agreement (the "Agreement" ...

NEW YORK, April 9, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, plans to report its first quarter 2024 results before the market opens on Tuesday, April 30, 2024. The earnings release will be available on OneMain's investor relations website at http://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 publi ...

A Walmart Supercenter cart sits outside of the store on February 20, 2024, in Hallandale Beach, Florida.When markets get rocky, dividend-paying stocks can give investors' portfolios the cushioning they need to ride out volatile times.Finding the right dividend payers can be difficult, though. Investors can turn to the expertise of Wall Street analysts who can identify stocks with long-term growth potential and the ability to generate the solid cash flows needed to support continued dividends.Here are three ...

OneMain Holdings, Inc. (OMF) has completed its previously announced deal to acquire Foursight Capital LLC from Jefferies Financial Group Inc. (JEF) . As part of its efforts to expand into the automobile lending business, OMF announced the transaction in November 2023.Being an automobile finance company, Foursight purchases and services automobile retail installment contracts primarily made to near-prime borrowers across 38 states. The contracts are sourced through an extensive network of dealers.OneMain, wh ...

NEW YORK, April 1, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF) ("OneMain"), the leader in offering nonprime consumers responsible access to credit, announced today that it has completed its previously announced acquisition of Foursight Capital LLC ("Foursight"). Founded in 2012, Foursight is an automobile finance company that purchases and services automobile retail installment contracts primarily made to near-prime borrowers across the country. Contracts are sourced through an extensive network ...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb” (Good) of American Health and Life Insurance Company (AHLIC) and Triton Insurance Company (Triton) (both domiciled in Fort Worth, TX). Both companies are wholly owned subsidiaries of OneMain Holdings, Inc. (OneMain) [NYSE: OMF] (headquartered in Evansville, IN). The outlook of these Credit Ratings (ratings) is stable. The ratings of AHLIC reflect its balance shee ...

NEW YORK, March 7, 2024 /PRNewswire/ -- New research released today shows that students who took OneMain Financial's proprietary credit education course for high school students – Build: Credit Fundamentals – demonstrated significant improvement in understanding the importance of building and maintaining good credit, critical skills in successfully managing finances. "The Importance of Credit-Based Education for High School Students," developed by EVERFI from Blackbaud, the leader in powering social impact ...

NEW YORK, Feb. 13, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today announced the appointments of Jenny Osterhout as the company's Chief Financial Officer (CFO) and Micah Conrad as the company's Chief Operating Officer (COO), both effective March 31, 2024. Osterhout currently serves as the company's Chief Strategy Officer, and Conrad currently is the company's CFO. "Micah built a world class funding program and led discipl ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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 name ...

Micah Conrad I touched on it a little bit in the prepared remarks, but I can lay it out a little bit further. Second half originations this year were, as we showed, 10% below the second half of '22. So we're down 8% in the third quarter relative to the prior year period, down 13% in the fourth quarter. So it's, of course, due to our continued tightening and our pricing actions we've taken throughout the year. So what that results in is second half originations in 2023 So you can really see the impact there ...