OneMain Holdings, Inc. Stock News

OneMain Financial offers a 7.9% dividend yield and has stable income potential despite economic risks and recent market volatility. The company's net interest income grew to $2.8 billion, but increased loan loss provisions and operating expenses led to a decline in net income. Strong cash flow from operations supports the dividend, with $1.95 billion generated, easily covering the $373 million ...

NEW YORK--(BUSINESS WIRE)--Figure Technology Solutions (“Figure”), a technology platform powering a more efficient and liquid marketplace for financial products, today announced that Macrina Kgil, a seasoned finance executive, joined as Chief Financial Officer. “Macrina is the perfect fit for Figure, given her industry expertise and deep background in public markets and public company finance f...

Every month we screen for potential dividend growth opportunities, which can provide some new potential ideas that could otherwise slip by. While we look for more consistent dividend growers with relatively higher yields, we also include safety in terms of earnings stability or growth potential in the screening process. We look at five of those that screen the highest based on yield, and this m...

Dublin, Nov. 07, 2024 (GLOBE NEWSWIRE) -- The "Payday Loans Market Report 2024" has been added to ResearchAndMarkets.com's offering. The payday loans market size has grown strongly in recent years, from $35.47 billion in 2023 to $35.47 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth during the historic period can be attributed to factors such as increased financial i...

OneMain delivered solid Q3 results as credit fears largely did not come to fruition. Its tighter standards and shrinking back book are helping to decelerate loan losses growth, creating a path to profit growth. With an 8% dividend yield, some buybacks, and an 8.6x multiple, OMF is attractive.

OneMain Holdings, Inc. (OMF) Q3 2024 Earnings Call Transcript

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 , Oct. 30, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today reported pretax income of...

OneMain Financial remains a Buy due to its resilience in subprime lending, despite a challenging 2024. The company's strategic moves, including the acquisition of Foursight Capital and the rollout of BrightWay credit cards, position it for future growth. Lower delinquency rates and active portfolio management have helped OneMain navigate economic stress, with positive earnings and increased div...