earnings
confidence high
sentiment negative
materiality 0.70
OneMain Q2 net income $71M ($0.59 EPS); C&I adjusted EPS $1.02; dividend $1.04
OneMain Holdings, Inc.
2024-Q2 EPS reported
$1.87
- GAAP net income $71M ($0.59 diluted EPS) vs $103M ($0.85) in Q2 2023.
- C&I adjusted diluted EPS $1.02 vs $1.01 year ago; C&I capital generation $136M vs $192M.
- Managed receivables $23.7B, up 11% YoY; originations $3.6B, down 4% from $3.7B.
- Net charge-offs 8.29% vs 7.60% a year ago; provision for losses $515M, up $36M.
- Declared $1.04 dividend payable Aug 16; repurchased 152k shares for $8M in Q2.