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OneMain Holdings, Inc. reports news centered on consumer finance for nonprime customers, including personal loans, auto finance loans, credit cards, optional insurance products and digital and branch-based customer service. Company updates commonly address managed receivables, revenue and earnings trends, credit performance, operating expense, and results for its Consumer and Insurance segment.
Recurring announcements also cover quarterly earnings releases and conference calls, dividend declarations, stock repurchase activity, debt financing, balance sheet management and financial-services conference presentations. The company frames its operating updates around loan growth, underwriting discipline, customer access to credit and capital returns.
OneMain Holdings (NYSE: OMF), a leading nonprime consumer credit provider, reported strong Q2 2025 financial results with net income of $167 million and diluted EPS of $1.40, significantly up from $71 million and $0.59 in Q2 2024. The company's Consumer and Insurance segment showed robust performance with adjusted earnings per share of $1.45.
Key highlights include managed receivables growth of 7% to $25.2 billion, consumer loan originations up 9% to $3.9 billion, and total revenue increase of 10% to $1.5 billion. The company declared a quarterly dividend of $1.04 per share and repurchased 460,000 shares for $21 million. Credit metrics showed improvement with net charge-offs decreasing to 7.19% from 8.29% year-over-year.
Figure Technology Solutions and Figure Markets have announced their merger to revolutionize global capital markets through blockchain technology. The unified company will operate as Figure Technology Solutions, combining a consumer credit marketplace with a blockchain-native asset exchange.
The merged entity commands 75% market share in Real World Asset (RWA) tokenization, targeting a $130 billion revenue opportunity. Led by CEO Michael Tannenbaum, the company has demonstrated strong financial performance with $339 million in 2024 adjusted net revenue, 60%+ growth, and 30%+ Adjusted EBITDA margins. Figure has funded over $16 billion in loans and processed more than $50 billion in blockchain transactions.
The merger, expected to close in summer 2025, follows significant milestones including a $355 million securitization receiving S&P's first blockchain-based AAA rating and a strategic partnership with Sixth Street committing $2 billion in liquidity.
OneMain Holdings (NYSE: OMF), a leading provider of nonprime consumer credit solutions, has scheduled its second quarter 2025 earnings release for Friday, July 25, 2025, before market opening.
The company will host a conference call at 9:00 a.m. Eastern to discuss the results. Investors can access the call by dialing 800-579-2568 (U.S.) or 785-424-1222 (international) with conference ID 67083. A live audio webcast will be available through the investor relations website, with a replay accessible after the event.
OneMain Holdings reported strong Q1 2025 financial results, with net income reaching $213 million and diluted EPS of $1.78, up from $155 million and $1.29 in the prior year. The company declared a quarterly dividend of $1.04 per share.
Key highlights include:
- Managed receivables grew 12% to $24.6 billion
- Consumer loan originations increased 20% to $3.0 billion
- Total revenue rose 10% to $1.5 billion
- Interest income up 11% to $1.3 billion
The Consumer and Insurance segment showed improved performance with adjusted net income of $207 million. Credit metrics demonstrated strength with lower delinquency ratios: 30+ days at 5.16% and 90+ days at 2.38%. The company maintains strong liquidity with $627 million in cash and cash equivalents, plus $1.1 billion in undrawn committed capacity.
OneMain Holdings (NYSE: OMF), a leading provider of nonprime consumer credit solutions, has scheduled its first quarter 2025 earnings release for Tuesday, April 29, 2025, before market opening.
The company will host a conference call at 9:00 a.m. Eastern on the same day to discuss results, outlook, and related matters. Investors and the public can access the call by dialing 800-451-7724 (U.S.) or 785-424-1116 (international) with conference ID 93264, or through a live audio webcast on the investor relations website. A replay will be available on the website after the event.
AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of 'bbb' (Good) for OneMain Holdings' (NYSE: OMF) insurance subsidiaries - American Health and Life Insurance Company (AHLIC) and Triton Insurance Company.
Both subsidiaries demonstrate very strong balance sheet strength, strong operating performance, neutral business profile, and appropriate enterprise risk management. They maintain the strongest level of risk-adjusted capitalization according to Best's Capital Adequacy Ratio (BCAR). However, the ratings reflect drag from parent company OneMain due to its considerable financial leverage.
While both companies continued paying dividends in 2024 while managing target capital levels, AM Best notes potential financial constraints on dividends that may impact future risk-adjusted capitalization.
OneMain Financial, a leader in nonprime customer credit services, has announced the election of Andrew D. Macdonald to its Board of Directors, effective immediately. Macdonald currently serves as CEO of Consilio , a global legal technology solutions provider.
Macdonald brings extensive experience in technology and business growth, having previously served as President and CEO of First Advantage from 2003 to 2011, and President of Occupational Health Services at First American Financial He also led Employee Health Programs as President and CEO from 1990 to 2002.
Doug Shulman, Chairman and CEO of OneMain, highlighted Macdonald's track record in identifying revenue opportunities and leveraging technology and data science to drive business performance. Macdonald holds a Finance degree from Emory University's Goizueta Business School.
OneMain Holdings (NYSE: OMF), a leading provider of nonprime consumer credit solutions, has announced that Chairman and CEO Doug Shulman will be presenting at the Bank of America Securities 2025 Financial Services Conference. The presentation is scheduled for Wednesday, February 12, at 11:20 a.m. Eastern.
The company will provide public access to the live audio webcast through the Investor Relations section of OneMain's website at http://investor.onemainfinancial.com.
OneMain Holdings (NYSE: OMF) reported its Q4 2024 financial results, showing a decrease in earnings compared to the previous year. The company posted Q4 net income of $126 million ($1.05 per diluted share), down from $165 million ($1.38 per diluted share) in Q4 2023. For the full year 2024, net income was $509 million ($4.24 per share), compared to $641 million ($5.32 per share) in 2023.
Key highlights include managed receivables reaching $24.7 billion (up 11% YoY), consumer loan originations of $3.5 billion (up 16% YoY), and total revenue of $1.5 billion (up 9% YoY). The company declared a quarterly dividend of $1.04 per share and repurchased approximately 75,000 shares for $3 million during the quarter.
Credit trends showed improvement with the 30+ days delinquency ratio at 5.76% compared to 6.16% in the previous year, while operating expenses increased 10% to $422 million.
OneMain Holdings (NYSE: OMF), a leading provider of nonprime consumer credit services, has announced it will release its fourth quarter 2024 financial results before market opening on Friday, January 31, 2025.
The company will host a conference call at 9:00 a.m. Eastern to discuss the results, outlook, and related matters. Investors and the public can participate by dialing 800-451-7724 (U.S.) or 785-424-1116 (international) using conference ID 60408, or via webcast through the investor relations website. A replay will be available on the company's website after the event.