OneMain Holdings (OMF) Tops Q2 EPS by 59c

OneMain Holdings (NYSE: OMF) reported Q2 EPS of $0.80, $0.59 better than the analyst estimate of $0.21.

• 2Q 2020 diluted EPS of $0.66
• 2Q 2020 C&I adjusted diluted EPS of $0.80
• 2Q 2020 C&I Ending Net Finance Receivables of $17.7 billion
• 2Q 2020 C&I Net Charge-Off ratio of 6.33%
• Declares dividend of $2.33 per share

"We continued our focus on serving customers and supporting our team members and communities during this public health and economic crisis," said Doug Shulman, President and CEO of OneMain. "The core strengths of our business - sophisticated underwriting, hybrid operating model, and strong balance sheet – have enabled us to effectively navigate the uncertain market conditions and drive solid financial results. We are confident that the proven flexibility in our business model will continue to serve our customers well and drive significant value over the long-term."

For earnings history and earnings-related data on OneMain Holdings (OMF) click here.

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