earnings
confidence high
sentiment negative
materiality 0.75
OneMain Q2 diluted EPS falls to $1.68 from $2.60; credit losses rise, dividend maintained at $0.95
OneMain Holdings, Inc.
2022-Q2 EPS reported
$4.04
- Diluted EPS $1.68 (GAAP); C&I adjusted EPS $1.87; net income $209M vs $350M prior year.
- Declares quarterly dividend $0.95/share, payable Aug 12 to holders of record Aug 8.
- Repurchased 2.1M shares for $94M during Q2 2022.
- C&I managed receivables $20.1B (+10% YoY); personal loan originations $3.9B (+2%).
- Provision for finance receivable losses $338M (+$208M YoY); net charge-offs 5.96% vs 4.41%.