OneMain Holdings (OMF) Misses Q1 EPS by 65c

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OneMain Holdings, Inc. Reports First Quarter 2020 Results

April 27, 2020 4:30 PM EDT

1Q 2020 diluted EPS of $0.24
1Q 2020 C&I adjusted diluted EPS of $0.33
1Q 2020 C&I Ending Net Finance Receivables of $18.3 billion
1Q 2020 C&I Net Charge-Off ratio of 6.46%

EVANSVILLE, Ind.--(BUSINESS WIRE)-- OneMain Holdings, Inc. (NYSE: OMF) today reported pretax income of $43 million and net income of $32 million for the first quarter of 2020, compared to $202 million and $152 million, respectively, in the prior year quarter. Earnings per diluted share were $0.24 in the first quarter of 2020, compared to $1.11 in the prior year quarter.

On April 27, 2020, OneMain's Board... More