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OneMain Holdings Inc - OMF STOCK NEWS

Welcome to our dedicated news page for OneMain Holdings (Ticker: OMF), a resource for investors and traders seeking the latest updates and insights on OneMain Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect OneMain Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of OneMain Holdings's position in the market.

Rhea-AI Summary
OneMain Holdings, Inc. (OMF) is set to announce its first quarter 2024 results on April 30, 2024. The company, known for providing credit access to nonprime consumers, will hold a conference call to discuss the results and outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
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Rhea-AI Summary
OneMain Holdings, Inc. (OMF) has successfully acquired Foursight Capital , a leading automobile finance company specializing in near-prime borrowers, enhancing OneMain's presence in the auto lending market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.68%
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Rhea-AI Summary
OneMain Financial's Build: Credit Fundamentals Program Shows Significant Improvement in High School Students' Credit Knowledge
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
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Rhea-AI Summary
OneMain Holdings, Inc. (OMF) CEO Doug Shulman to present at 2024 RBC Capital Markets Global Financial Institutions Conference. The live webcast will be available to the public.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.6%
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conferences
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Rhea-AI Summary
OneMain Holdings, Inc. (OMF) CEO to present at Bank of America Securities 2024 Financial Services Conference. The event will take place on February 20, 2024, at 4:40 p.m. Eastern time. The public can access the live webcast through OneMain's Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.33%
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conferences
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Rhea-AI Summary
OneMain Holdings, Inc. (OMF) appoints Jenny Osterhout as CFO and Micah Conrad as COO, effective March 31, 2024. Osterhout, previously Chief Strategy Officer, brings extensive finance and strategy experience from BNY Mellon and McKinsey. Conrad, current CFO, succeeds Rajive Chadha as COO. Chadha to transition to Senior Advisor role.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.89%
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none
Rhea-AI Summary
OneMain Holdings, Inc. (OMF) reported a pretax income of $220 million and net income of $165 million for the fourth quarter of 2023, with diluted EPS of $1.38. The company also declared a quarterly dividend of $1.00 per share and repurchased 531 thousand shares for $20 million in 4Q. However, the net income for the full year of 2023 decreased to $641 million from $872 million in 2022, with diluted EPS dropping to $5.32 from $7.01 in the prior year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.42%
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Rhea-AI Summary
Jefferies Financial Group Inc. (JEF) announced the sale of OpNet S.p.A's operations to Wind Tre S.p.A., a subsidiary of CK Hutchison Group Telecom Holdings Ltd., for €485 million. The consideration will be in cash and CKHGT notes, with OpNet retaining majority ownership in other telecom companies, resulting in approximately €320 million in final value to Jefferies. Jefferies will reclassify remaining legacy investments as 'Other investments' in its Asset Management reportable segment in fiscal 2024. The company expects to operate the core business of HomeFed, a real estate development company, and liquidate certain peripheral assets. The sale is subject to regulatory approvals and is anticipated to close in the second or third quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.21%
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Rhea-AI Summary
OneMain Holdings, Inc. (OMF) is set to report its fourth-quarter 2023 results on February 7, 2024. The company, a leader in providing nonprime consumers with responsible access to credit, will host a conference call to discuss the results, outlook, and related matters. The earnings release and conference call details will be available on OneMain's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.02%
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Rhea-AI Summary
OneMain Financial (NYSE: OMF) will host its 2023 Investor Day to discuss its competitive strengths, differentiated business model, and disciplined strategy to substantially expand its addressable market, drive profitable growth, and sustain strong capital generation. The company's executives will highlight the evolution of the business, including its unique advantages, line of sight to significant capital generation growth, and strong returns to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
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OneMain Holdings Inc

NYSE:OMF

OMF Rankings

OMF Stock Data

5.60B
118.99M
0.42%
81.47%
3.22%
Credit Card Issuing
Finance and Insurance
Link
US
Evansville

About OMF

onemain provides personal loans with one on one, local service at branches nationwide. with roots in lending that date back to 1912, we have been helping people achieve their goals and dreams for generations. our personalized loan solutions offer customers a simple and straightforward loan application, fixed rates, fixed payments, clear terms and multiple payment options.