secwatch.observer — SEC 8-K summary
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Issuer:     OneMain Holdings, Inc. (OMF)
CIK:        0001584207
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0001584207-23-000021
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneMain Q2 net income $103M ($0.85 EPS) vs $208M prior year; dividend $1.00/share
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- Net income $103M, down from $208M YoY; diluted EPS $0.85 vs $1.67.
- C&I adjusted diluted EPS $1.01; C&I capital generation $192M vs $273M YoY.
- Managed receivables $21.4B (+6% YoY); personal loan yield 22.2% vs 23.1%.
- Provision for finance receivable losses $479M, up $141M YoY; net charge-offs 7.60% vs 5.96%.
- Declared quarterly dividend $1.00/share payable Aug 11, 2023; repurchased 169k shares for $7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1584207/000158420723000021/0001584207-23-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1584207/000158420723000021/omf-20230726.htm
  HTML page:      https://secwatch.observer/filing/0001584207-23-000021

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