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Jun 30, 2022

OneMain Q2 2022 Earnings Report

Reported strong results driven by robust loan demand and strategic initiatives.

Key Takeaways

OneMain Holdings, Inc. reported pretax income of $280 million and net income of $209 million for the second quarter of 2022. Earnings per diluted share were $1.68 in the second quarter of 2022.

Diluted EPS of $1.68 for Q2 2022.

C&I adjusted diluted EPS of $1.87 for Q2 2022.

C&I managed receivables of $20.1 billion for Q2 2022.

Declared quarterly dividend of $0.95 per share.

Total Revenue
$887M
Previous year: $840M
+5.6%
EPS
$1.87
Previous year: $2.66
-29.7%
Origination Volume
$3.9B
Previous year: $3.8B
+2.6%
Cash and Equivalents
$526M
Previous year: $1.79B
-70.6%
Total Assets
$22.2B
Previous year: $22.4B
-0.8%

OneMain

OneMain

OneMain Revenue by Segment

Forward Guidance

OneMain continues to closely monitor the macroeconomic environment and the effects of inflation on its customer base and are prepared to dynamically adjust its underwriting, as needed.