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Sep 30, 2023

OneMain Q3 2023 Earnings Report

OneMain reported pretax income of $246 million and net income of $194 million, with diluted EPS of $1.61.

Key Takeaways

OneMain Holdings, Inc. reported a net income of $194 million for the third quarter of 2023, compared to $185 million in the prior year quarter. Earnings per diluted share were $1.61, up from $1.49 in the prior year quarter. Managed receivables increased by 7% year-over-year to $21.9 billion, while personal loan originations decreased by 8% to $3.3 billion.

3Q 2023 Diluted EPS of $1.61

3Q 2023 C&I adjusted diluted EPS of $1.57

3Q 2023 Managed receivables of $21.9 billion

Declared quarterly dividend of $1.00 per share

Total Revenue
$901M
Previous year: $895M
+0.7%
EPS
$1.57
Previous year: $1.51
+4.0%
Origination Volume
$3.3B
Previous year: $3.6B
-8.3%
Cash and Equivalents
$1.2B
Previous year: $536M
+123.9%
Total Assets
$24.1B
Previous year: $22.3B
+8.1%

OneMain

OneMain

OneMain Revenue by Segment