OneMain Holdings, Inc. reported a strong fourth quarter in 2019, with pretax income of $344 million and net income of $261 million, compared to $214 million and $168 million, respectively, in the prior year quarter. Earnings per diluted share were $1.91, compared to $1.24 in the prior year quarter. The company's Board of Directors approved a 32% increase in the regular quarterly dividend to $0.33 and declared a special dividend of $2.50 per share.
Q4 2019 diluted EPS of $1.91
Q4 2019 C&I adjusted diluted EPS of $1.96
Q4 2019 C&I Ending Net Finance Receivables of $18.4 billion
Q4 2019 C&I Net Charge-Off ratio of 5.71%
OneMain is focused on enhancing customer experience and optimizing profitability, which is expected to lead to greater shareholder value and capital generation.
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