Welcome to our dedicated page for Onemain Hldgs news (Ticker: OMF), a resource for investors and traders seeking the latest updates and insights on Onemain Hldgs stock.
OneMain Holdings Inc (OMF) delivers personal loan solutions and nonprime consumer credit through its nationwide branch system and digital platforms. This news hub provides investors and industry observers with timely updates on corporate developments, financial performance, and strategic initiatives shaping the consumer finance sector.
Access comprehensive coverage of OMF's earnings reports, regulatory filings, and operational milestones. Our curated collection includes updates on loan portfolio management, credit risk strategies, and expansion efforts like the company's entry into auto lending through strategic acquisitions.
Monitor critical announcements including dividend declarations, leadership changes, and compliance updates. The resource serves as both historical archive and current awareness tool, enabling users to track emerging patterns in nonprime lending markets and corporate decision-making.
Bookmark this page for streamlined access to OneMain Holdings' official communications and third-party analysis. Check regularly for updates reflecting the company's evolving position in consumer finance and its responses to regulatory changes in the lending sector.
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.
Figure Technology Solutions has appointed Macrina Kgil as Chief Financial Officer. The company recently achieved $1.5 billion in quarterly originations, record revenue, 80% year-over-year growth, and 150% EBITDA growth. The growth is attributed to their liquid lending marketplace, Figure Connect, diversified product suite, and growing network of embedded lending partners.
Kgil brings extensive experience from previous roles at Flow, OneMain Holdings (NYSE: OMF), and Blockchain.com. At OneMain, she managed the company's acquisition from Citigroup and led its IPO. She holds an engineering degree from Seoul National University and is a founding member of the F Suite. This appointment follows Figure's spin-off as a stand-alone company and the recent appointment of Ron Chillemi as Chief Legal Officer.
OneMain Holdings (NYSE: OMF) reported third quarter 2024 results with net income of $157 million and earnings per diluted share of $1.31, down from $194 million and $1.61 in the prior year quarter. The company's managed receivables grew 11% to $24.3 billion, with consumer loan originations up 13% to $3.7 billion. Total revenue increased 8% to $1.5 billion. The company declared a quarterly dividend of $1.04 per share and repurchased 420,000 shares for $19 million. The Consumer and Insurance segment reported adjusted pretax income of $202 million and adjusted net income of $151 million.
OneMain Holdings, Inc. (NYSE: OMF), a leader in nonprime consumer lending, has announced its plans to release third quarter 2024 earnings. The company will report results before the market opens on Wednesday, October 30, 2024. The earnings release will be available on OneMain's investor relations website.
A conference call to discuss the results, outlook, and related matters is scheduled for 9:00 a.m. Eastern on the same day. The public can participate by dialing 800-343-1703 (U.S. domestic) or 785-424-1116 (international) using conference ID 14920. Alternatively, a live audio webcast will be available through the investor relations website. For those unable to attend, a replay will be accessible on the company's website after the event.
OneMain Holdings, a leader in nonprime consumer credit, announced that Chairman and CEO Doug Shulman will present at the Barclays 22nd Annual Global Financial Services Conference. The presentation is scheduled for Tuesday, September 10 at 9:45 a.m. Eastern.
Investors and the public can access a live audio webcast of the presentation through the Investor Relations section of OneMain's website. This event provides an opportunity for stakeholders to gain insights into OneMain's strategies and performance directly from its top executive.
OneMain Holdings, trading under the ticker OMF on the NYSE, specializes in offering responsible credit access to nonprime consumers, playing a important role in the financial services sector.
