OneMain Holdings (OMF) Tops Q3 EPS by 19c

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OneMain Holdings, Inc. Reports Third Quarter 2019 Results

October 28, 2019 4:30 PM EDT

3Q 2019 diluted EPS of $1.82

3Q 2019 C&I adjusted diluted EPS of $1.77

3Q 2019 C&I Ending Net Finance Receivables of $17.8 billion

3Q 2019 C&I Net Charge-Off ratio of 5.2%

EVANSVILLE, Ind.--(BUSINESS WIRE)-- OneMain Holdings, Inc. (NYSE: OMF) today reported pretax income of $297 million and net income of $248 million for the third quarter of 2019, compared to $199 million and $148 million, respectively, in the prior year quarter. Net income for the third quarter of 2019 included $22 million of discrete tax benefits.

Earnings per diluted share were $1.82 in the third quarter of... More