earnings
confidence high
sentiment negative
materiality 0.75
OneMain Q3 net income falls to $188M from $288M; diluted EPS $1.52 vs $2.17
OneMain Holdings, Inc.
2022-Q3 EPS reported
$5.57
- Net income $188M, pretax income $250M; diluted EPS $1.52, down from $2.17 YoY.
- C&I adjusted diluted EPS $1.51; managed receivables $20.5B, up 7% YoY.
- Net charge-off ratio 5.89% vs 3.52% YoY; provision for losses $420M, up $196M.
- Declared quarterly dividend $0.95/share, payable Nov 14, 2022 to holders of record Nov 7.
- Repurchased 1.2M shares for $42M in Q3 2022.