secwatch.observer — SEC 8-K summary
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Issuer:     OneMain Holdings, Inc. (OMF)
CIK:        0001584207
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0001584207-22-000011
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneMain Q1 2022 diluted EPS $2.36 (down 23% YoY); originations +30%; dividend $0.95; redeems $600M notes
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- Net income $301M vs $413M YoY; diluted EPS $2.36 vs $3.06; C&I adjusted EPS $2.35 vs $3.37.
- Originations rose 30% to $3.0B; managed receivables up 11% to $19.5B; net charge-off ratio 5.58% vs 4.67% YoY.
- Declared quarterly dividend $0.95/share, payable May 13, 2022, record May 9, 2022.
- Repurchased 2.3M shares for $110M during Q1 2022.
- Redemption of all $600M 8.875% Senior Notes due 2025 at 104.438% plus accrued interest, effective June 1, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1584207/000158420722000011/0001584207-22-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1584207/000158420722000011/omf-20220426.htm
  HTML page:      https://secwatch.observer/filing/0001584207-22-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer