OneMain Holdings, Inc. shows modest revenue growth and stable margins despite higher credit loss provisions and increased operating expenses. The company enjoys robust loan growth and improved credit trends, but delinquencies warrant caution. OMF's stock appears expensive relative to its valuation metrics, with technical indicators suggesting potential downside risks.
NEW YORK , Feb. 6, 2025 /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 Bank of America Securities 2025 Financial Services Conference at 11:20 a.m. Eastern on Wednesday, February 12.
OneMain Holdings, Inc. (NYSE:OMF ) Q4 2024 Earnings Conference Call January 31, 2025 9:00 AM ET Company Participants Peter Poillon - Head of Investor Relations Doug Shulman - Chairman and Chief Executive Officer Jenny Osterhout - Executive Vice President and Chief Financial Officer Conference Call Participants Terry Ma - Barclays Moshe Orenbuch - TD Cowen Mark DeVries - Deutsche Bank John Hecht...
OneMain Holdings, Inc.'s shares have performed well, but slower credit loss improvement and in-line quarterly results have led to a pullback. The company reported $1.16 EPS, slightly beating estimates, with revenue up 9% to $1.5 billion, but higher credit loss provisions impacted earnings. Improved credit quality due to tighter underwriting, with delinquency rates showing signs of improvement a...
4 Q 2024 Diluted EPS of $1.05 4 Q 2024 C&I adjusted diluted EPS of $1.16 4 Q 2024 Managed receivables of $24.7 billion Declared quarterly dividend of $1.04 per share NEW YORK , Jan. 31, 2025 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today reported pretax income of $164 million and net income of $126 million for th...
NEW YORK , Jan. 10, 2025 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, plans to report its fourth quarter 2024 results before the market opens on Friday, January 31, 2025. The earnings release will be available on OneMain's investor relations website at http://investor.onemainfinancial.com.
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to four classes of notes issued by OneMain Direct Auto Receivables Trust 2025-1 (“ODART 2025-1”), an auto loan ABS transaction. ODART 2025-1 will issue four classes of notes totaling $500.0 million. The preliminary ratings reflect initial credit enhancement levels ranging from 30.25% for the Class A notes to 3.26%...
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 ...
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