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Dec 31, 2022
OneMain Q4 2022 Earnings Report
OneMain Holdings reported a decrease in net income and earnings per share for Q4 2022, but demand for loans remained strong and credit performance stabilized.
Key Takeaways
OneMain Holdings, Inc. reported a decrease in pretax income and net income for the fourth quarter of 2022, with earnings per diluted share also declining. However, the company saw strength in loan demand and stabilization of credit performance in the latter half of the year.
Q4 2022 Diluted EPS was $1.48.
Q4 2022 C&I adjusted diluted EPS was $1.56.
Q4 2022 Managed receivables totaled $20.8 billion.
The quarterly dividend was raised by 5.3% to $1.00 per share.
OneMain
OneMain
Forward Guidance
OneMain is focused on managing credit and maintaining a strong balance sheet, while also investing in new products and channels that will drive long-term shareholder value.