OneMain Holdings (OMF) reported earnings on Mon 27 Apr 20 (a/h)

 

 

 

 

 

 

 

 

 

OneMain Holdings (OMF) came out with quarterly earnings of $0.33 per share, missing the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $1.37 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -52.86%. A quarter ago, it was expected that this consumer finance company would post earnings of $1.72 per share when it actually produced earnings of $1.96, delivering a surprise of 13.95%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

OneMain, which belongs to the Zacks Financial - Consumer Loans industry, posted revenues of $851 million for the quarter ended March 2020, surpassing the Zacks Consensus Estimate by 2.34%. This compares to year-ago revenues of $720 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

OneMain shares have lost about 54.8% since the beginning of the year versus the S&P 500's decline of -12.2%.

Earnings this week : April 27 - May 1, 20 (wk 18)

Monday (April 27)

• Morning: AMG AWI CHKP CMS CNXM CNX DORM LECO EGOV UMC
• Afternoon:  ARE AMKR APY AVT BRO CNI CATY CE CINF CGNX FIX CR FFIV HLIT HSTM HTLF PI IBTX JJSF LRN KDP NOV NXPI OGS OMF PKG PCH PPG PFG QTS SANM SSD STL TCT UHS WSBC

Tuesday (April 28)

• Morning: MMM ABB AB AXE BP CAT CNC CIGI CBSH GLW CMI DHI DTE ECL FCF FBC FELE HOG IQV IRDM MRK MSCI NEO NVS NUE PPBI PEP PFE PII ROK ROP SPGI SC SSTK SIRI LUV TROW TAL TEL TRU TPB UBS UMBF UPS WDR XRX YNDX ZBRA 
• Afternoon: AMD AKAM GOOG A CA APAM AGR BXMT BXP BYD CHRW CERN CYH CSGP DXCM EHC WIRE ENVA EEFT FEYE F HWC THG HELE HIW HOPE IRBT JNPR LSCC MASI MXIM MEDP MRCY MTH MKSI MDLZ MPWR MRC OI OKE PAYC RNST SIMO SBUX SYX TENB TX TRMK UIS WERN WW YUMC 

Wednesday (April 29)

• Morning:  APRN ALKS AMT  ANTM AZN ADP AVY AZZ BANC BKU BDC BA BSX EAT CADE CLS CVE GIB CLH CME CSTM CRTO DIN EPD FSS FDP GRMN GD GE HAS HUM LH LIVN MHO MKTX MAS MA NYCB NSC NOC NVT OSK OC PB ROL RES R SAIA ST SHW SLAB SITE SAH SPOT SUM UTHR VLO YUM
• Afternoon: AEGN AFL AGNC AGI ALGN ADM BHE BMRN BCOV CACI WHD CHDN CMPR CNMD CREE CCI CONE DRE EBAY FB GIL JBT KLIC MXL MSFT PPC PS PRI PTC QCOM RJF RYN SCI NOW TDOC TSLA TTEK RIG TRN TYL UCTT URI HCC

Thursday (April 30)

• Morning: FLWS ABMD AGIO AIMC MO AAL AIT ARW BAX TECH BC CWT CG CRAI CHD CI COLB CMCSA COP COR CFR DAN DOW DNKN ETN FCN GNRC GT HBI HGV HUBB IDXX IMAX IP ICE ICE JHG K KHC LNTH LAZ LKQ MMC MCD MTOR MGPI TAP MCO NLSN NVCR ONDK PH PATK PNR PRGO SNDR SITC SIX SO SPB SWK SYNH TPR TFX TPX TXT TRS TWTR UBSI VLY VC GRA WCC  RDS.A
• Afternoon: TWOU AEM ALEX ATUS AMZN AMGN AAPL ATR AJG ASGN TEAM BAND NTB BL BRKS BLDR COG CDNA CXP COLM CXO OFC CUZ CRY EGP EMN EIX LOCO EBS FTV FTAI FBHS FWRD GLPI GILD HP HTH HUBG LMAT MGM MTX MITK MOH NATI NTUS NCR NPTN OTEX PRAH PVG PTCT PSA RRC RMD SILK STAG SYK TNDM TRUP X V WDC ZEN

Friday (May 1) 

• Morning: ABBV AON APO BCPC CBOE CHTR CVX CLX CL EL XOM HRC HON HUN IMO ITT JCI LYB MMP MINI NWL PSX TRP TKR SLCA WPC WY WSC WETF

Earnings spotlight:

• Keurig Dr Pepper (NYSE:KDP) and F5 Networks (NASDAQ:FFIV) on April 27; 
• UPS (NYSE:UPS), 3M (NYSE:MMM), Alphabet, Southwest Airlines (NYSE:LUV), Ford (NYSE:F), Caterpillar (NYSE:CAT), AMD (NASDAQ:AMD), PepsiCo (NASDAQ:PEP), Starbucks (NASDAQ:SBUX) and Merck (NYSE:MRK) on April 28; 
• Microsoft (MSFT), eBay (NASDAQ:EBAY), Facebook, Yum Brands (NYSE:YUM), Boeing (NYSE:BA), Mastercard (NYSE:MA), General Electric (NYSE:GE) and Tesla (NASDAQ:TSLA) on April 29; 
• Amazon, Apple, Dunkin' Brands (NASDAQ:DNKN), Gilead Sciences (NASDAQ:GILD), Dow (NYSE:DOW), Cigna (NYSE:CI), McDonald's (NYSE:MCD), Altria (NYSE:MO), Twitter (NYSE:TWTR), Kraft Heinz (NASDAQ:KHC) and Visa (NYSE:V) on April 30; 
• Apollo Global Management (NYSE:APO), Chevron (NYSE:CVX), Clorox (NYSE:CLX), Exxon Mobil (NYSE:XOM), Phillips 66 (NYSE:PSX) and AbbVie (NYSE:ABBV) on May 1.

OneMain Holdings (OMF) reported earnings on Mon 28 Oct 19 (a/h)

** charts before earnings **

 

 

** charts after earnings **

 

 

 

 

 

 

OneMain Holdings beats by $0.19
Reports Q3 (Sep) earnings of $1.77 per share, excluding non-recurring items, $0.19 better than the S&P Capital IQ Consensus of $1.58.

OneMain Holdings (OMF) reported earnings on Mon 29 July 2019 (a/h)

 

OneMain Holdings (OMF) came out with quarterly earnings of $1.62 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.18 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this consumer finance company would post earnings of $1.32 per share when it actually produced earnings of $1.37, delivering a surprise of 3.79%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

OneMain, which belongs to the Zacks Financial - Consumer Loans industry, posted revenues of $762 million for the quarter ended June 2019, surpassing the Zacks Consensus Estimate by 2.55%. This compares to year-ago revenues of $685 million. The company has topped consensus revenue estimates two times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

OneMain shares have added about 48.1% since the beginning of the year versus the S&P 500's gain of 20.7%.

Earnings this week : July 29 - Aug 2, 19 (wk 31)

Monday (July 29)

• Morning: CTB ONDK SNY TSEM
• Afternoon: ACGL AKS AMH AMKR APPF APTS ARE AROC BRX BYND CGNX CHGG CVCO DISH EHC ELVT FRAC HLIT HTLF ILMN INST JBT JJSF LEG MDR MEDP NBIX NBR NGHC NOV NPO NTR NXPI OFC OGS OMF PCH PI PKI QTS RE RGA RIG RMBS RNG SANM SBAC SCI SSB SSD SSNC TACO TBI TEX TREX TRTX TXRH VNO VRNS WCN 

Tuesday (July 30)

• Morning:  AER AGCO AME AOS ARCC BEN BERY CEQP CIGI CMCO CMI CNX CNXM COP CVLT DHI DORM DSX ECL EME EQM ETN EXLS FDP FMS GEO GLT GLW GPN GRUB GTX HCA HUBB HUD HUN I INCY IPGP IR IRWD IT LDOS LGND LLY LPT MA MCRN MGLN MLM MMC MMYT MO MRK MYE NEO NRZ PAG PEG PG R RL SF SHOO SIRI SLCA SNE SQNS SR ST SXC TRS TX UAA VIVO VSH WAB WAT WCG WDR WYND XRX ZBRA
• Afternoon: AAPL ACHC ADSW AKAM ALL AMD AMGN APAM ARCB ASH ATEN ATRC AX AXS BEAT BLKB BXP BYD CACC CCS CDAY CHRW CINF CNO COHR CRY CSLT DENN DLR EA EGHT ENPH EQR EXP EXR FCPT FEYE FMC FTSI GILD GNW GRPN HA HR HUBG HURN HVT HY IMAX INVH IRWD KAI KBR KL LDL LNDC LSCC MC MDLZ MDU MGRC MKSI MOH MRCY MSTR MX MXIM NANO NATI NCR NR NUVA OKE PAYC PSA QGEN QUAD REXR RPAI RRD RTEC RXN SIMO SOI STAG SYKE SYX TCS TENB TRUP TTOO TWOU TX UDR UIS UMBF UNM VNOM VRSK WES WIRE YUMC ZEN

Wednesday (July 31)

• Morning: ACCO ADP AMCX AMRN AMT APO APTV ARES ASC BDC BG BHGE BLMN BTU CBZ CDW CG CHD CIM CLH CME CRL CRTO D DAN DIN EAF ECA EPD ETR EXTR FCAU FOE FSS GE GIB GLDD GRMN HEP HES HPP HSC HUM ICL JCI JHG KFRC LFUS LHX LIVN MCO MDC MGPI MTOR NI NLSN NYCB ORBC RDWR SAIA SBH SITE SMG SO SPG SPOT SPR SSYS STNG STRA TAP TGI TKR TMHC TNC TPB UTHR WLTW WNC
• Afternoon: ACAD AEGN AGI ALSN AM AMED APA AR ATR ATUS AVB AWK AYX BAND BLDP BOOT CAKE CASA CBL CCRN CF CHDN CHEF CMPR CNMD CONE CRUS CTSH CW CXO DRE DXCM EGOV EPR EQC EQIX ES ETH EVTC EXEL EZPW FICO FIT FIVN FLS FORM FOXF GDI GHL H HABT HCC HCP HI HOLX INN INOV IRTC KAMN KGC KTOS KW LADR LMNX LNC LPI LPSN LRCX LSI MAA MANT MASI MCK MEOH MET MOD MPWR MTDR MUSA MYRG NEXA NLS NLY OI OLN OR OXY PDM PGRE PK PPC PRAH PRU PS QCOM QLYS RBBN RDN RGR ROG RPT SIGI SKT SKY SKYW SLF SPWR SRI SWIR TDOC THG TIVO TRMB TRQ TS TSLX TTEK TTMI TWLO TYL UCTT VAC VAL VICI VNDA VRTX VVV WDC WELL WHD WLL WMB WRI WTI WTS ZNGA 

Thursday (Aug 1)

• Morning: AAON AAWW ABC ABMD ACOR ADM AGIO AKRX ALE AMCR ARW ASIX AVP BCE BCPC BLD BLL BPL BPMC BR BSIG CBRE CI CIR CLVS CLX CNHI CNQ CNSL CRAI CROX CRS CWT DD DEA DLPH DNKN EEX EIGI EXC GIL GLOG GM GNRC GPOR HBI HFC HGV HII HRI ICE IDA IDCC IDXX IGT INGR INSM IRM ITGR K KEM MAC MD MIXT MMP MPC MPLX MPW MSCI MT NMRK NNN NTCT NTLA NVT OSK PBF PBFX PBH PENN PGTI PH PRFT PWR RDS.A RFP RGEN ROLL RPD SABR SFM SHOP SNDR SPAR SPGI SRCL STAR STFC STOR SUM TFX TGP THS TNK TRI TRP TWI UFS VZ W WCC WEX WING WLH WMS WRK XEL XHR XYL YETI YUM ZEUS
• Afternoon: ANET APHA BZH WIFI CC CBPX DLB EBS EOG ETSY FSLR FLR FTNT GDDY GLUU GPRO TUSK PINS QRVO RDFN SQ SVMK OLED ZIXI

Friday (Aug 2) 

• Morning: ARNC XRAY CVX XOM RACE HRC NWL MGI QSR STX  

Notable earnings reports:

• NXP Semiconductors (NASDAQ:NXPI) and Beyond Meat (NASDAQ:BYND ) on July 29;
• Apple (NASDAQ:AAPL), Merck (NYSE:MRK), Pfizer (NYSE:PFE), Procter & Gamble (NYSE:PG), Altria (NYSE:MO), Electronic Arts (NASDAQ:EA), MasterCard (NYSE:MA), Mondelez International (NASDAQ:MDLZ), AMD (NASDAQ:AMD), FireEye (NASDAQ:FEYE ), ConocoPhillips (NYSE:COP) and Under Armour (UA, UAA) on July 30;
• General Electric (NYSE:GE ), Humana (NYSE:HUM), Qualcomm (NASDAQ:QCOM), Fitbit (NYSE:FIT), Spotify (NYSE:SPOT), Western Digital (NASDAQ:WDC) and Cirrus Logic (NASDAQ:CRUS ) on July 31;
• General Motors (NYSE:GM), U.S. Steel (NYSE:X), Kraft Heinz (NASDAQ:KHC), Shopify (NYSE:SHOP), Etsy (NASDAQ:ETSY), Wayfair (NYSE:W), Yum Brands (NYSE:YUM), Square (NYSE:SQ), GoPro (NASDAQ:GPRO) and Universal Display (NASDAQ:OLED) on August 1; 
• Chevron (NYSE:CVX), Exxon Mobil (NYSE:XOM), Newell Brands (NASDAQ:NWL) and Seagate Technology (NASDAQ:STX) on August 2.

OneMain Holdings (OMF) reported earnings on Mon 11 Feb 2019 (a/h)

** charts before earnings **

** charts after earnings **

 

OneMain Holdings beats by $0.06, reports revs in-line; initiates dividend

• Reports Q4 (Dec) earnings of $1.39 per share, excluding non-recurring items, $0.06 better than the S&P Capital IQ Consensus of $1.33; revenues rose 10.4% year/year to $882 mln vs the $873.37 mln S&P Capital IQ Consensus.  
• OneMain's Board of Directors approved the initiation of a quarterly dividend of $0.25 per share, with the dividend to be paid on March 15, 2019 to shareholders of record as of the close of business on February 26, 2019.

Earnings this week : Feb. 11 - 15, 2019 (wk 7)

Earnings confirmed to report this week:

Monday (Feb 11)

• Morning: CNA DO GPRE KMPR L MCY MDP MPAA NSP QSR
• Afternoon: AMBR, AMKR ACB BHF BRS BRX BRKR CHGG CMP ROAD DCP ELVT RE FARM FMC RAMP MIME MOH MGI LABL NWE OHI OMF PYX RNG VRNS VECO VNO 

Mon pm/Tue am (vol): https://finviz.com/screener.ashx?v=211&t=AMBR,AMKR,ACB,BHF,BRS,BRX,BRKR,CHGG,CMP,ROAD,DCP,ELVT,RE,FARM,FMC,RAMP,MIME,MOH,MGI,LABL,NWE,OHI,OMF,PYX,RNG,VRNS,VECO,VNO,AYR,ARCC,FIS,HUN,IPGP,JLL,MLM,MDSO,TAP,NNN,NP,NRZ,OMC,ONDK,SABR,SHOP,STE,TOWR,UAA,USFD,WEC,WELL&ta=0&o=-volume

Tuesday (Feb 12)

• Morning: AYR ARCC FIS HUN IPGP JLL MLM MDSO TAP NNN NP NRZ OMC ONDK SABR SHOP STE TOWR UAA USFD WEC WELL 
• Afternoon: ACGL AIZ AKAM AQ ATVI AVLR BFAM BXMT CNO CRAY CSOD DEI DENN EXEL GRPN HUBS IRTC JCOM KRNT LSCC MPWR OXY QLYS QUOT REXR RPAI RRR SHO SPSC TRIP TWLO UDR UIS

Tue pm/Wed am (vol):  https://finviz.com/screener.ashx?v=211&ta=0&o=-volume&t=ACGL,AIZ,AKAM,AQ,ATVI,AVLR,BFAM,BXMT,CNO,CRAY,CSOD,DEI,DENN,EXEL,GRPN,HUBS,IRTC,JCOM,KRNT,LSCC,MPWR,OXY,QLYS,QUOT,REXR,RPAI,RRR,SHO,SPSC,TRIP,TWLO,UDR,UIS,AB,ACCO,BABY,BKI,CAMT,CBM,CBRE,CBZ,CEVA,CFX,CIGI,CIM,CRL,CRTO,CVE,DBD,DISH,ECOM,FLIR,FUN,GLPI,GOLD,GPN,HLT,IPG,IRWD,KELY-A,LAD,LPX,LXFT,NVMI,TECK,TEVA,TMHC,WH

Wednesday (Feb 13)

• Morning: AB ACCO BABY BKI CAMT CBM CBRE CBZ CEVA CFX CIGI CIM CRL CRTO CVE DBD DISH ECOM FLIR FUN GLPI GOLD GPN HLT IPG IRWD KELY.A LAD LPX LXFT NVMI TECK TEVA TMHC WH 
• Afternoon: AIG AKR AMGP ANDE AR ARES ARI ASGN BAND BCOV BKD CF CHEF CPA CRY CSCO CTL CTRE CXP DIOD DVA EQC EQIX FCPT FNF FOSL FR FRT H HCP HR IFF IVC KAI KGC LPI MFC MGM MRO NGVT NLY NPO NTAP NUS OII OIS PGRE PPC PRSP PS PXD QDEL QTWO REG RYAM SKT SLF SNBR SPWR STAG SVMK SWIR TCO TCX TRUP TSE VNDA WCN WMB YELP

Thursday (Feb 14)

• Morning: AAN AEE AER AGIO ALE ALKS ARCH AVP AZN BAM BCOR BGCP BLMN BWA CBB CCEP CME COWN CYBR DGX DNOW DUK EEX EPAM EQM EQT FAF GEO GLOG GNRC GOOS GTLS HII HPP INCY IQV IRM KO LECO MANU MGP MTRN NICE NSIT PATK PBF PBFX PDS POOL PPL R SIX SMI SMP SON STFC STNG THS TPX TRP TRTN TRU TU VMC WLH WM WSO WST YETI ZBRA ZTS
• Afternoon: AEM AIRG AMAT AMN ANET AUY BL CBS CC CGC CGNX CPS CVA ELLI GLOB HTA INVH  LOGM  MERC MRC MX NVDA PDFS RDFN RWT SPXC SSNC TLND TNET TREX TRUE VICI WES WGP WRE XPO 

Friday (Feb 15)

• Morning: ABR AXL CHH CPSI DAN DE TSX:ENB FTS MCO NWL PEP POR SXT TYPE WBC YNDX ZEUS

-=OneMain Holdings (OMF) reported earnings on Wed 14 Feb 2018 (a/h)

OneMain Holdings misses by $0.16, reports revs in-line 

• Reports Q4 (Dec) earnings of $0.89 per share, excluding non-recurring items, $0.16 worse than the Capital IQ Consensus of $1.05; revenues rose 11.9% year/year to $799 mln vs the $798.7 mln Capital IQ Consensus.
• Yield was 23.8% in the fourth quarter of 2017, down from 24.3% in the prior year quarter, primarily reflecting the impact of a larger proportion of Direct Auto loans in the portfolio, which carry lower average interest rates but higher expected unit profitability.
• Provision for loan losses was $245 million in the fourth quarter of 2017, up from $242 million in the prior year quarter.

=OneMain Holdings (OMF) : secondary offering of 7.5 mln shares

OneMain Holdings commences secondary offering of 7.5 mln shares of common stock by selling stockholder -- affiliate of Fortress Investment Group (FIG) 

=OneMain Holdings, Inc. (NYSE: OMF) : sale off the table

• OneMain (OMF) sale off the table
• The company announced today the commencement of a public offering of 10,000,000 shares of its common stock by Springleaf Financial Holdings, an entity owned primarily by a private equity fund managed by an affiliate of Fortress Investment Group (FIG).

Nov 7:
Shares of OneMain Holdings, Inc. (NYSE: OMF) plunged as new disclosure suggests that it backed away from an earlier decision to put itself up for sale. Language in its financial filings suggests that a sale of the business was considered, but is now off the table.


OneMain Holdings stock jumped on Oct. 9 when the Wall Street Journal broke the news that the company was in talks to sell itself, reporting that it was in "advanced discussions with a number of interested parties."

The read-through is that OneMain Holdings considered putting itself up for sale, but is no longer entertaining the option for reasons that were not disclosed.
It could have been as simple as the buyer's inability to locate attractive financing, or as troublesome as concerns over OneMain Holding's underlying loan performance.

=OneMain (OMF) putting itself up for sale

NEW YORK, Oct 8 (Reuters) - The subprime lender OneMain Holdings Inc has put itself up for sale and is running an auction to solicit takeover bids, according to a person familiar with the matter.

The consumer credit firm, which makes car loans and other personal loans, was a unit of a Citigroup Inc subsidiary until SpringLeaf Holdings Inc bought it for more than $4 billion in 2015.

The Wall Street Journal first reported the talks on Sunday, citing anonymous sources and saying there are a number of interested parties, including rival lenders and private-equity firms.

Representatives for OneMain did not immediately reply to a request for comment.

Citigroup's former consumer lending arm, CitiFinancial, renamed itself OneMain in 2011 in the wake of the financial crisis.

OneMain has provided loans and other credit products to more than 10 million customers in 44 states, its website says.

=OneMain (OMF) reported earnings on Mon 13 Feb 2017 (a/h)

• OneMain meets 4Q profit forecasts

EVANSVILLE, Ind. (AP) _ OneMain Holdings Inc. (OMF) on Monday reported fourth-quarter net income of $27 million, after reporting a loss in the same period a year earlier.

The Evansville, Indiana-based company said it had profit of 20 cents per share. Earnings, adjusted for non-recurring costs, came to 80 cents per share.

The results matched Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was also for earnings of 80 cents per share.

The consumer finance company posted revenue of $915 million in the period. Its adjusted revenue was $567 million, which did not meet Street forecasts. Six analysts surveyed by Zacks expected $653.1 million.

For the year, the company reported net income of $215 million, or $1.59 per share, swinging to a profit in the period. Revenue was reported as $2.25 billion.

OneMain shares have risen 10 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $24.41, a rise of 29 percent in the last 12 months.

=OneMain Holdings (OMF) reported earnings on Mon 7 Nov 2016 (a/h)

EVANSVILLE, Ind.--OneMain Holdings, Inc. (OMF) today reported income before provision for income taxes of $33 million and net income of $25 million, or $0.19 per diluted share for the third quarter of 2016, compared to a loss of $0.10 per diluted share in the prior year.

Jay Levine, President and CEO of OneMain Holdings, Inc. said, “Our third quarter results reflect the progress we have made on our strategic priorities and the integration of OneMain. In fact, our Consumer and Insurance segment adjusted earnings per diluted share more than doubled from last year.”

Levine added, “We continued to grow receivables, manage credit risk, further strengthen our liquidity and balance sheet, and realize synergies from the acquisition of OneMain. We also accomplished the significant task of combining the two branch networks under a single brand, which will further enhance our name recognition and our ability to offer competitive products to our customers.”

Consumer and Insurance Segment

Consumer and Insurance income before provision for income taxes on a Segment Accounting Basis was $179 million for the third quarter of 2016. Consumer and Insurance adjusted earnings per diluted share was $0.90* for the third quarter of 2016 versus $0.36* for the prior year quarter. Excluding certain acquisition-related transaction and integration expenses of $17 million, Consumer and Insurance adjusted pretax earnings were $196 million* and Consumer and Insurance adjusted net income was $122 million* for the third quarter of 2016.

Consumer and Insurance net finance receivables reached $13.5 billion at September 30, 2016, and Consumer and Insurance net finance receivables per branch totaled $7.4 million at September 30, 2016.

Consumer and Insurance net interest income was $636 million in the third quarter of 2016. Consumer and Insurance yield was 24.51% and risk adjusted yield, which represents yield less net charge-off ratio, was 18.28% in the third quarter of 2016.

The net charge-off ratio was 6.23% in the third quarter of 2016.

Springleaf Holdings (LEAF) changed its name to OneMain Holdings (OMF)

• The company was formerly known as Springleaf Holdings (LEAF) and changed its name to OneMain Holdings (OMF) in November 2015.  
• In March 2015, Indiana financial services company Springleaf entered into an agreement to acquire Baltimore-based personal lender OneMain Financial from Citigroup for $4.25 billion.

    

In 1920, Interstate Finance Corporation was founded in Evansville, Indiana to underwrite sales of Inland Motor Truck vehicles. After several acquisitions, the company became a part of AIG Group in 2001 and was later purchased by Fortress Investment Group (FIG) in 2010. In 2011, the name was changed to Springleaf Financial Services, and in 2015, the company took the OneMain Financial name after the acquisition of OneMain from Citi.