•
Jun 30, 2021

OneMain Q2 2021 Earnings Report

OneMain Holdings reported second quarter 2021 results, with diluted EPS of $2.60 and C&I adjusted diluted EPS of $2.66.

Key Takeaways

OneMain Holdings, Inc. reported a strong second quarter in 2021, with pretax income of $463 million and net income of $350 million. Earnings per diluted share were $2.60, driven by strong demand in the core lending business and strategic investments in the company's future.

Diluted EPS was $2.60 for 2Q 2021.

C&I adjusted diluted EPS was $2.66 for 2Q 2021.

C&I managed receivables were $18.3 billion for 2Q 2021.

The company declared a dividend of $4.20 per share.

Total Revenue
$840M
Previous year: $806M
+4.2%
EPS
$2.66
Previous year: $0.8
+232.5%
Origination Volume
$3.8B
Previous year: $2B
+90.0%
Cash and Equivalents
$1.79B
Previous year: $2.74B
-34.8%
Total Assets
$22.4B
Previous year: $22.5B
-0.6%

OneMain

OneMain

OneMain Revenue by Segment

Forward Guidance

The company expects to maintain a minimum quarterly dividend of $0.70 per share going forward. Dividends above the minimum are evaluated by the Board of Directors every first and third quarters, consistent with prior quarters and the company's capital allocation strategy.