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Mar 31, 2022

OneMain Q1 2022 Earnings Report

Reported a strong start to the year with robust demand for core loan products, bolstered by new offerings.

Key Takeaways

OneMain Holdings, Inc. reported pretax income of $396 million and net income of $301 million for the first quarter of 2022. Earnings per diluted share were $2.36 in the first quarter of 2022.

Diluted EPS of $2.36 for 1Q 2022.

C&I adjusted diluted EPS of $2.35 for 1Q 2022.

C&I managed receivables of $19.5 billion for 1Q 2022.

Declared quarterly dividend of $0.95 per share.

Total Revenue
$870M
Previous year: $825M
+5.5%
EPS
$2.35
Previous year: $3.37
-30.3%
Origination Volume
$2.96B
Previous year: $2.3B
+28.7%
Cash and Equivalents
$640M
Previous year: $1.3B
-50.8%
Total Assets
$21.8B
Previous year: $21.3B
+2.5%

OneMain

OneMain

OneMain Revenue by Segment

Forward Guidance

We continue to feel great about our growth prospects in 2022 and beyond.