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Dec 31, 2024
OneMain Q4 2024 Earnings Report
Reported a net income of $126 million and EPS of $1.05.
Key Takeaways
OneMain Holdings, Inc. reported a net income of $126 million for the fourth quarter of 2024, compared to $165 million in the prior year quarter. Earnings per diluted share were $1.05, compared to $1.38 in the prior year quarter. Consumer loan originations totaled $3.5 billion, up 16% from the prior year quarter.
Diluted EPS was $1.05 for Q4 2024.
C&I adjusted diluted EPS was $1.16 for Q4 2024.
Managed receivables reached $24.7 billion.
A quarterly dividend of $1.04 per share was declared.
Revenue by Segment
Forward Guidance
OneMain anticipates continued improvement in credit trends, positioning the company for improved profitability moving forward. Focus remains on driving profitable growth and maximizing shareholder value.
Positive Outlook
- Continued improvement in credit trends
- Positioning for improved profitability
- Focus on driving profitable growth
- Maximizing shareholder value
- Positive trends in originations
Challenges Ahead
- Adverse changes and volatility in general economic conditions
- Increased levels of unemployment and personal bankruptcies
- Current inflationary environment affecting customers
- Potential failures in information or security systems
- Geopolitical risks
Historical Earnings Impact
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Avg. Return Before/After Earnings
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