Articles from OneMain Holdings, Inc.
OneMain Holdings, Inc. Reports Third Quarter 2023 Results
OneMain Holdings, Inc. (NYSEOMF), the leader in offering nonprime customers responsible access to credit, today reported pretax income of $246 million and net income of $194 million for the third quarter of 2023, compared to $246 million and $185 million, respectively, in the prior year quarter. Earnings per diluted share were $1.61 in the third quarter of 2023, compared to $1.49 in the prior year quarter.
By OneMain Holdings, Inc. · Via Business Wire · October 25, 2023
OneMain Holdings Announces Date of Third Quarter 2023 Earnings Release and Conference Call
OneMain Holdings, Inc. (NYSEOMF), the leader in offering nonprime customers responsible access to credit, plans to report its third quarter 2023 results before the market opens on Wednesday, October 25, 2023. The earnings release will be available on OneMain’s investor relations website at http://investor.onemainfinancial.com.
By OneMain Holdings, Inc. · Via Business Wire · October 4, 2023
OneMain Holdings to Present at Barclays Global Financial Services Conference
OneMain Holdings, Inc. (NYSEOMF), the leader in offering nonprime customers responsible access to credit, announced today that Doug Shulman, Chairman and CEO, and Micah Conrad, CFO, will present at the Barclays Global Financial Services Conference at 9:00 a.m. Eastern on Tuesday, September 12, 2023.
By OneMain Holdings, Inc. · Via Business Wire · September 6, 2023
OneMain Holdings, Inc. Reports Second Quarter 2023 Results
OneMain Holdings, Inc. (NYSEOMF), the leader in offering nonprime customers responsible access to credit, today reported pretax income of $138 million and net income of $103 million for the second quarter of 2023, compared to $278 million and $208 million, respectively, in the prior year quarter. Earnings per diluted share were $0.85 in the second quarter of 2023, compared to $1.67 in the prior year quarter.
By OneMain Holdings, Inc. · Via Business Wire · July 26, 2023
OneMain Holdings Announces Date of Second Quarter 2023 Earnings Release and Conference Call
OneMain Holdings, Inc. (NYSEOMF), the leader in offering nonprime customers responsible access to credit, plans to report its second quarter 2023 results before the market opens on Wednesday, July 26, 2023. The earnings release will be available on OneMain’s investor relations website at http://investor.onemainfinancial.com.
By OneMain Holdings, Inc. · Via Business Wire · July 7, 2023
OneMain Holdings, Inc. Announces Pricing of $500 Million Aggregate Principal Amount of Senior Notes Due 2029
OneMain Holdings, Inc. (NYSEOMF) (“OMH”) announced today that its direct, wholly-owned subsidiary OneMain Finance Corporation (“OMFC”) priced $500 million aggregate principal amount of its 9.00% senior notes due 2029 (the “2029 notes”) in connection with its previously announced registered 2029 notes offering.
By OneMain Holdings, Inc. · Via Business Wire · June 20, 2023
OneMain Holdings, Inc. Announces Proposed Offering of Senior Notes due 2029
OneMain Holdings, Inc. (NYSEOMF) (“OMH”) announced today that its direct, wholly-owned subsidiary OneMain Finance Corporation (“OMFC”) is proposing to offer $500 million aggregate principal amount of its senior notes due 2029 (the “2029 notes”), subject to market and other conditions. The 2029 notes will be guaranteed on an unsecured basis by OMH (the “guarantee”). There can be no assurance that the offering of the 2029 notes will be consummated.
By OneMain Holdings, Inc. · Via Business Wire · June 20, 2023
OneMain Holdings, Inc. Comments on Settlement with the Consumer Financial Protection Bureau
OneMain Holdings, Inc. (NYSEOMF) today commented on an agreement reached with the Consumer Financial Protection Bureau (CFPB) relating primarily to the handling of interest refunds for certain optional products that our customers purchased, but later canceled within the first 30 days.
By OneMain Holdings, Inc. · Via Business Wire · May 31, 2023
OneMain Holdings, Inc. Reports First Quarter 2023 Results
OneMain Holdings, Inc. (NYSEOMF), the leader in offering nonprime customers responsible access to credit, today reported pretax income of $235 million and net income of $179 million for the first quarter of 2023, compared to $399 million and $303 million, respectively, in the prior year quarter. Earnings per diluted share were $1.48 in the first quarter of 2023, compared to $2.38 in the prior year quarter.
By OneMain Holdings, Inc. · Via Business Wire · April 25, 2023
OneMain Holdings Announces Date of First Quarter 2023 Earnings Release and Conference Call
OneMain Holdings, Inc. (NYSEOMF), the leader in offering nonprime customers responsible access to credit, plans to report its first quarter 2023 results before the market opens on Tuesday, April 25, 2023. The earnings release will be available on OneMain’s investor relations website at http://investor.onemainfinancial.com.
By OneMain Holdings, Inc. · Via Business Wire · April 6, 2023
OneMain Holdings to Present at Credit Suisse 24th Annual Financial Services Forum
OneMain Holdings, Inc. (NYSEOMF), the leader in offering nonprime customers responsible access to credit, announced today that Doug Shulman, Chairman and CEO, and Micah Conrad, CFO, will present at the Credit Suisse 24th Annual Financial Services Forum at 9:25 a.m. Eastern on Tuesday, February 14.
By OneMain Holdings, Inc. · Via Business Wire · February 9, 2023
OneMain Holdings, Inc. Reports Fourth Quarter 2022 Results
OneMain Holdings, Inc. (NYSEOMF), the leader in offering nonprime customers responsible access to credit, today reported pretax income of $238 million and net income of $180 million for the fourth quarter of 2022, compared to $355 million and $262 million, respectively, in the prior year quarter. Earnings per diluted share were $1.48 in the fourth quarter of 2022, compared to $2.02 in the prior year quarter.
By OneMain Holdings, Inc. · Via Business Wire · February 7, 2023
OneMain Holdings Announces Date of Fourth Quarter 2022 Earnings Release and Conference Call
OneMain Holdings, Inc. (NYSEOMF), the leader in offering nonprime customers responsible access to credit, plans to report its fourth quarter 2022 results before the market opens on Tuesday, February 7, 2023. The earnings release will be available on OneMain’s investor relations website at http://investor.onemainfinancial.com.
By OneMain Holdings, Inc. · Via Business Wire · January 11, 2023
OneMain Holdings, Inc. Reports Third Quarter 2022 Results
OneMain Holdings, Inc. (NYSEOMF), the leader in offering nonprime customers responsible access to credit, today reported pretax income of $250 million and net income of $188 million for the third quarter of 2022, compared to $376 million and $288 million, respectively, in the prior year quarter. Earnings per diluted share were $1.52 in the third quarter of 2022, compared to $2.17 in the prior year quarter.
By OneMain Holdings, Inc. · Via Business Wire · October 26, 2022
OneMain Holdings Announces Date of Third Quarter 2022 Earnings Release and Conference Call
OneMain Holdings, Inc. (NYSEOMF), the leader in offering nonprime customers responsible access to credit, plans to report its third quarter 2022 results after the market closes on Wednesday, October 26, 2022. The earnings release will be available on OneMain’s investor relations website at http://investor.onemainfinancial.com.
By OneMain Holdings, Inc. · Via Business Wire · October 3, 2022
OneMain Holdings to Present at Barclays Global Financial Services Conference
OneMain Holdings, Inc. (NYSEOMF), the leader in offering nonprime customers responsible access to credit, announced today that Doug Shulman, Chairman and CEO, and Micah Conrad, CFO, will present at the Barclays Global Financial Services Conference at 9:45 a.m. Eastern on Monday, September 12.
By OneMain Holdings, Inc. · Via Business Wire · September 6, 2022
OneMain Holdings Announces Date of Second Quarter 2022 Earnings Release and Conference Call
OneMain Holdings, Inc. (NYSEOMF), the leader in offering nonprime customers responsible access to credit, plans to report its second quarter 2022 results after the market closes on Wednesday, July 27, 2022. The earnings release will be available on OneMain’s investor relations website at http://investor.onemainfinancial.com.
By OneMain Holdings, Inc. · Via Business Wire · July 5, 2022
OneMain Holdings, Inc. Announces Closing of $600 Million Social ABS Bond
OneMain Holdings, Inc. (NYSEOMF) (“OMH”), the leader in offering nonprime customers responsible access to credit, has closed its second Social Bond issuance, a $600 million ABS Bond, through its direct, wholly-owned subsidiary OneMain Finance Corporation (“OMFC”).
By OneMain Holdings, Inc. · Via Business Wire · May 3, 2022
OneMain Holdings, Inc. Reports First Quarter 2022 Results
OneMain Holdings, Inc. (NYSEOMF), the leader in offering nonprime customers responsible access to credit, today reported pretax income of $396 million and net income of $301 million for the first quarter of 2022, compared to $546 million and $413 million, respectively, in the prior year quarter. Earnings per diluted share were $2.36 in the first quarter of 2022, compared to $3.06 in the prior year quarter.
By OneMain Holdings, Inc. · Via Business Wire · April 28, 2022
OneMain Holdings Announces Date of First Quarter 2022 Earnings Release and Conference Call
OneMain Holdings, Inc. (NYSEOMF), the leader in offering nonprime customers responsible access to credit, plans to report its first quarter 2022 results after the market closes on Thursday, April 28, 2022. The earnings release will be available on OneMain’s investor relations website at http://investor.onemainfinancial.com.
By OneMain Holdings, Inc. · Via Business Wire · April 11, 2022
OneMain Holdings to Present at Credit Suisse 23rd Annual Financial Services Forum
OneMain Holdings, Inc. (NYSEOMF), the leader in offering nonprime customers responsible access to credit, announced today that Doug Shulman, Chairman and CEO, and Micah Conrad, CFO, will present at the Credit Suisse 23rd Annual Financial Services Forum at 12:10 p.m. Eastern on Thursday, February 17.
By OneMain Holdings, Inc. · Via Business Wire · February 14, 2022
OneMain Holdings, Inc. Reports Fourth Quarter 2021 Results
OneMain Holdings, Inc. (NYSEOMF), the leader in offering nonprime customers responsible access to credit, today reported pretax income of $355 million and net income of $262 million for the fourth quarter of 2021, compared to $476 million and $359 million, respectively, in the prior year quarter. Earnings per diluted share were $2.02 in the fourth quarter of 2021, compared to $2.67 in the prior year quarter.
By OneMain Holdings, Inc. · Via Business Wire · February 2, 2022
OneMain Holdings Announces Date of Fourth Quarter 2021 Earnings Release and Conference Call
OneMain Holdings, Inc. (NYSEOMF), the leader in offering nonprime customers responsible access to credit, plans to report its fourth quarter 2021 results after the market closes on Wednesday, February 2, 2022. The earnings release will be available on OneMain’s investor relations website at http://investor.onemainfinancial.com.
By OneMain Holdings, Inc. · Via Business Wire · January 20, 2022
OneMain Holdings Announces Increase in Share Repurchase Authorization
OneMain Holdings, Inc. (NYSEOMF) (the “Company”) announced today that its Board of Directors has increased the Company’s share repurchase authorization to $300 million from the previously announced $200 million.
By OneMain Holdings, Inc. · Via Business Wire · December 14, 2021
OneMain Holdings, Inc. Announces Pricing of Secondary Offering of Common Stock
OneMain Holdings, Inc. (NYSEOMF) (the “Company”) announced today the pricing of its previously-announced underwritten public offering of 10,010,208 shares of the Company’s common stock by an entity managed by affiliates of Apollo Global Management, Inc. (the “selling stockholder”). The 10,010,208 shares of common stock being sold in this offering represent approximately 7.6% of the Company’s outstanding common stock as of the close of business on October 15, 2021 and represent all of the shares held by the selling stockholder in the Company. The Company is not selling any shares and will not receive any proceeds from the proposed offering. The offering is expected to close on October 28, 2021, subject to satisfaction of customary closing conditions.
By OneMain Holdings, Inc. · Via Business Wire · October 26, 2021
OneMain Holdings, Inc. Announces Proposed Secondary Offering and Repurchase of Common Stock
OneMain Holdings, Inc. (NYSEOMF) (the “Company”) announced today the commencement of a proposed secondary public offering of 10,010,208 shares of the Company’s common stock by an entity managed by affiliates of Apollo Global Management, Inc. (the “selling stockholder”). The 10,010,208 shares of common stock to be sold in this offering represent approximately 7.6% of the Company’s outstanding common stock as of the close of business on October 15, 2021 and represent all of the shares held by the selling stockholder in the Company. The Company is not selling any shares and will not receive any proceeds from the proposed offering.
By OneMain Holdings, Inc. · Via Business Wire · October 26, 2021
OneMain Holdings, Inc. Reports Third Quarter 2021 Results
OneMain Holdings, Inc. (NYSEOMF), the country’s largest near-prime installment lender with a mission of improving the financial well-being of hardworking Americans, today reported pretax income of $376 million and net income of $288 million for the third quarter of 2021, compared to $341 million and $250 million, respectively, in the prior year quarter. Earnings per diluted share were $2.17 in the third quarter of 2021, compared to $1.86 in the prior year quarter.
By OneMain Holdings, Inc. · Via Business Wire · October 20, 2021
OneMain Holdings Announces Date of Third Quarter 2021 Earnings Release and Conference Call
OneMain Holdings, Inc. (NYSEOMF), the country’s largest near-prime installment lender with a mission of improving the financial well-being of hardworking Americans, plans to report its third quarter 2021 results after the market closes on Wednesday, October 20, 2021. The earnings release will be available on OneMain’s investor relations website at http://investor.onemainfinancial.com.
By OneMain Holdings, Inc. · Via Business Wire · September 30, 2021
OneMain Holdings to Present at Barclays Global Financial Services Conference
OneMain Holdings, Inc. (NYSEOMF), the country’s largest near-prime installment lender with a mission of improving the financial well-being of hardworking Americans, announced today that Doug Shulman, Chairman and CEO, and Micah Conrad, CFO, will present at the Barclays Global Financial Services Conference at 9:00 a.m. Eastern on Tuesday, September 14.
By OneMain Holdings, Inc. · Via Business Wire · September 9, 2021
OneMain Holdings, Inc. Announces Pricing of Upsized Secondary Offering of Common Stock
OneMain Holdings, Inc. (NYSEOMF) (the “Company”) announced today the pricing of its previously-announced underwritten public offering of 7.0 million shares of the Company’s common stock by an entity managed by affiliates of Apollo Global Management, Inc. (the “selling stockholder”). The offering has been upsized from 6.0 million to 7.0 million shares of Company common stock, which represents approximately 5.3% of the Company’s outstanding common stock as of the close of business on August 3, 2021. The Company is not selling any shares and will not receive any proceeds from the proposed offering. The offering is expected to close on August 16, 2021, subject to satisfaction of customary closing conditions.
By OneMain Holdings, Inc. · Via Business Wire · August 11, 2021
OneMain Holdings, Inc. Announces Proposed Secondary Offering
OneMain Holdings, Inc. (NYSEOMF) (the “Company”) announced today the commencement of a proposed secondary public offering of 6,000,000 shares of the Company’s common stock (the “base offering”) by an entity managed by affiliates of Apollo Global Management, Inc. (the “selling stockholder”). The 6,000,000 shares of common stock to be sold in this offering represents approximately 4.5% of the Company’s outstanding common stock as of the close of business on August 3, 2021. The Company is not selling any shares and will not receive any proceeds from the proposed offering.
By OneMain Holdings, Inc. · Via Business Wire · August 11, 2021
OneMain Holdings, Inc. Announces Pricing of Upsized $600 Million Aggregate Principal Amount of Senior Notes due 2028
OneMain Holdings, Inc. (NYSEOMF) (“OMH”) announced today that its direct, wholly-owned subsidiary OneMain Finance Corporation (“OMFC”) priced $600 million aggregate principal amount of its 3.875% senior notes due 2028 (the “2028 notes”) in connection with its previously announced registered 2028 notes offering. The size of the 2028 notes offering has been upsized from $500 million to $600 million.
By OneMain Holdings, Inc. · Via Business Wire · August 4, 2021
OneMain Holdings, Inc. Announces Proposed Offering of Senior Notes due 2028
OneMain Holdings, Inc. (NYSEOMF) (“OMH”) announced today that its direct, wholly-owned subsidiary OneMain Finance Corporation (“OMFC”) is proposing to offer $500 million aggregate principal amount of its senior notes due 2028 (the “2028 notes”), subject to market and other conditions. The 2028 notes will be guaranteed on an unsecured basis by OMH (the “guarantee”). There can be no assurance that the offering of the 2028 notes will be consummated.
By OneMain Holdings, Inc. · Via Business Wire · August 4, 2021
OneMain Holdings, Inc. Announces Pricing of Upsized Secondary Offering of Common Stock
OneMain Holdings, Inc. (NYSEOMF) (the “Company”) announced today the pricing of its previously-announced underwritten public offering of 9.5 million shares of the Company’s common stock (the “base offering”) by an entity managed by affiliates of Apollo Global Management, Inc. (the “selling stockholder”). The base offering has been upsized from 8.0 million to 9.5 million shares of Company common stock, which represents approximately 7% of the Company’s outstanding common stock as of July 15, 2021. The Company is not selling any shares and will not receive any proceeds from the proposed offering. The offering is expected to close on August 3, 2021, subject to satisfaction of customary closing conditions.
By OneMain Holdings, Inc. · Via Business Wire · July 29, 2021
OneMain Holdings, Inc. Announces Proposed Secondary Offering and Repurchase of Common Stock
OneMain Holdings, Inc. (NYSEOMF) (the “Company”) announced today the commencement of a proposed secondary public offering of 8,000,000 shares of the Company’s common stock (the “base offering”) by an entity managed by affiliates of Apollo Global Management, Inc. (the “selling stockholder”). The 8,000,000 shares of common stock to be sold in this offering represents approximately 6% of the Company’s outstanding common stock as of July 15, 2021. The Company is not selling any shares and will not receive any proceeds from the proposed offering.
By OneMain Holdings, Inc. · Via Business Wire · July 29, 2021
OneMain Holdings, Inc. Reports Second Quarter 2021 Results
OneMain Holdings, Inc. (NYSEOMF) today reported pretax income of $463 million and net income of $350 million for the second quarter of 2021, compared to $118 million and $89 million, respectively, in the prior year quarter. Earnings per diluted share were $2.60 in the second quarter of 2021, compared to $0.66 in the prior year quarter.
By OneMain Holdings, Inc. · Via Business Wire · July 21, 2021
OneMain Holdings Announces Date of Second Quarter 2021 Earnings Release and Conference Call
OneMain Holdings, Inc. (NYSEOMF) plans to report its second quarter 2021 results after the market closes on Wednesday, July 21, 2021. The earnings release will be available on OneMain’s investor relations website at http://investor.onemainfinancial.com.
By OneMain Holdings, Inc. · Via Business Wire · July 8, 2021
OneMain Holdings, Inc. Announces Closing of $750 Million Social Bond
OneMain Holdings, Inc. (NYSEOMF) (“OMH”), the country’s largest installment lender serving hardworking Americans with nonprime credit, announced today that its direct, wholly-owned subsidiary OneMain Finance Corporation (“OMFC”) has closed its inaugural Social Bond issuance with an aggregate principal amount of $750 million, the net proceeds of which are committed to serving credit-disadvantaged communities around the country.
By OneMain Holdings, Inc. · Via Business Wire · June 22, 2021
OneMain Holdings to Present at the Jefferies Virtual Consumer Conference
OneMain Holdings, Inc. (NYSEOMF) announced today that Micah Conrad, Chief Financial Officer, and Jenny Osterhout, Chief Strategy Officer, will present at the Jefferies Virtual Consumer Conference at 9:10 a.m. Eastern on Wednesday, June 23.
By OneMain Holdings, Inc. · Via Business Wire · June 18, 2021
OneMain Holdings, Inc. Announces Pricing of Upsized $750 Million Aggregate Principal Amount of Senior Notes due 2027
OneMain Holdings, Inc. (NYSEOMF) (“OMH”) announced today that its direct, wholly-owned subsidiary OneMain Finance Corporation (“OMFC”) priced $750 million aggregate principal amount of its 3.500% senior notes due 2027 (the “2027 notes”) in connection with its previously announced registered notes offering. The size of the notes offering has been upsized from $500 million to $750 million.
By OneMain Holdings, Inc. · Via Business Wire · June 15, 2021
OneMain Holdings, Inc. Announces Proposed Offering of Senior Notes due 2027
OneMain Holdings, Inc. (NYSEOMF) (“OMH”) announced today that its direct, wholly-owned subsidiary OneMain Finance Corporation (“OMFC”) is proposing to offer $500 million aggregate principal amount of its senior notes due 2027 (the “2027 notes”), subject to market and other conditions. The 2027 notes will be guaranteed on an unsecured basis by OMH (the “guarantee”). There can be no assurance that the offering of the 2027 notes will be consummated.
By OneMain Holdings, Inc. · Via Business Wire · June 15, 2021
OneMain Holdings to Present at Wells Fargo 2021 Virtual Financial Services Investor Conference
OneMain Holdings, Inc. (NYSEOMF) announced today that Doug Shulman, Chairman and CEO, and Micah Conrad, CFO, will present at the Wells Fargo Virtual Financial Services Conference at 10:40 a.m. Eastern Time on Thursday, May 20, 2021.
By OneMain Holdings, Inc. · Via Business Wire · May 14, 2021
OneMain Holdings, Inc. Announces Pricing of Secondary Offering of Common Stock
OneMain Holdings, Inc. (NYSEOMF) (the “Company”) announced today the pricing of its previously-announced proposed secondary public offering of 8,000,000 shares of the Company’s common stock by certain entities managed by affiliates of Apollo Global Management, Inc. and Värde Partners, Inc. (together, the “selling stockholders”) at a price to the public of $53.50 per share. The 8,000,000 shares of common stock to be sold in this offering represents approximately 5.9% of the Company’s outstanding common stock as of April 19, 2021. The Company is not selling any shares and will not receive any proceeds from the proposed offering. The offering is expected to close on May 4, 2021, subject to satisfaction of customary closing conditions.
By OneMain Holdings, Inc. · Via Business Wire · April 29, 2021
OneMain Holdings, Inc. Announces Proposed Secondary Offering of Common Stock
OneMain Holdings, Inc. (NYSEOMF) (the “Company”) announced today the commencement of a proposed secondary public offering of 8,000,000 shares of the Company’s common stock by certain entities managed by affiliates of Apollo Global Management, Inc. and Värde Partners, Inc. (together, the “selling stockholders”). The 8,000,000 shares of common stock to be sold in this offering represents approximately 5.9% of the Company’s outstanding common stock as of April 19, 2021. The Company is not selling any shares and will not receive any proceeds from the proposed offering.
By OneMain Holdings, Inc. · Via Business Wire · April 28, 2021
OneMain Holdings, Inc. Reports First Quarter 2021 Results
OneMain Holdings, Inc. (NYSEOMF) today reported pretax income of $546 million and net income of $413 million for the first quarter of 2021, compared to $43 million and $32 million, respectively, in the prior year quarter. Earnings per diluted share were $3.06 in the first quarter of 2021, compared to $0.24 in the prior year quarter.
By OneMain Holdings, Inc. · Via Business Wire · April 26, 2021
OneMain Holdings Announces Date of First Quarter 2021 Earnings Release and Conference Call
OneMain Holdings, Inc. (NYSEOMF) plans to report its first quarter 2021 results after the market closes on Monday, April 26, 2021. The earnings release will be available on OneMain’s investor relations website at http://investor.onemainfinancial.com.
By OneMain Holdings, Inc. · Via Business Wire · April 13, 2021