secwatch.observer — SEC 8-K summary
======================================

Issuer:     OneMain Holdings, Inc. (OMF)
CIK:        0001584207
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0001584207-24-000012
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneMain Q1 EPS $1.29; raises dividend 4% to $1.04 per share
-----------------------------------------------------------

- GAAP diluted EPS $1.29 vs $1.48 prior year; adjusted EPS $1.45 vs $1.46.
- Revenue $1.4B up 7% YoY; managed receivables $22.0B, up 6% from $20.6B.
- Declared quarterly dividend $1.04/share (4% increase); payable May 17, 2024.
- Net charge-off ratio 8.58% vs 7.72% prior year; provision $431M (+$46M).
- Incurred $27M restructuring charge; repurchased 109k shares for $5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1584207/000158420724000012/0001584207-24-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1584207/000158420724000012/omf-20240430.htm
  HTML page:      https://secwatch.observer/filing/0001584207-24-000012

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