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Mar 31, 2021
OneMain Q1 2021 Earnings Report
Reported strong financial results driven by improving economic conditions and strategic business focus.
Key Takeaways
OneMain Holdings, Inc. reported a significant increase in net income for the first quarter of 2021, driven by an improving economic environment and strategic initiatives. The company also announced a dividend increase and a share repurchase program.
Diluted EPS reached $3.06.
C&I adjusted diluted EPS was $3.37.
C&I ending net finance receivables totaled $17.6 billion.
The company raised its minimum quarterly dividend by 56% to $0.70 per share.
OneMain
OneMain
Forward Guidance
OneMain expects increasing demand for its products as the economy continues to accelerate and as it advances key strategic initiatives.