secwatch.observer — SEC 8-K summary
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Issuer:     OneMain Holdings, Inc. (OMF)
CIK:        0001584207
Form:       8-K
Filed at:   2023-04-25T23:59:59+00:00
Accession:  0001584207-23-000014
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneMain Q1 diluted EPS $1.48 vs $2.38 YoY; net charge-offs rise to 7.72%
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- Diluted EPS $1.48, down from $2.38 in prior year; net income $179M vs $303M.
- Managed receivables $20.6B, up 6% YoY; personal loan originations $2.8B, down 5%.
- Net charge-offs 7.72% (annualized) vs 5.58% prior year; provision for losses $385M, up $148M.
- Declared quarterly dividend $1.00 per share, payable May 12, 2023 to holders of record May 5, 2023.
- Repurchased 683k shares for $27M in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1584207/000158420723000014/0001584207-23-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1584207/000158420723000014/omf-20230425.htm
  HTML page:      https://secwatch.observer/filing/0001584207-23-000014

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