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Jun 30, 2020
OneMain Q2 2020 Earnings Report
Reported diluted EPS of $0.66 and C&I adjusted diluted EPS of $0.80.
Key Takeaways
OneMain Holdings, Inc. reported a pretax income of $118 million and a net income of $89 million for the second quarter of 2020. Earnings per diluted share were $0.66. Originations totaled $2.0 billion.
Generated adjusted pretax income of $143 million for the Consumer and Insurance Segment.
Ending net finance receivables reached $17.7 billion.
Net charge-off ratio was 6.33%.
Declared dividend of $2.33 per share.
OneMain
OneMain
OneMain Revenue by Segment
Forward Guidance
The company expects to maintain a minimum quarterly dividend of $0.33 per share going forward.