secwatch.observer — SEC 8-K summary
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Issuer:     OneMain Holdings, Inc. (OMF)
CIK:        0001584207
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001584207-24-000019
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneMain Q2 net income $71M ($0.59 EPS); C&I adjusted EPS $1.02; dividend $1.04
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1584207/000158420724000019/0001584207-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1584207/000158420724000019/omf-20240731.htm
  HTML page:      https://secwatch.observer/filing/0001584207-24-000019

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