OneMain Holdings, Inc. (OMF)


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April 23, 2024


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About the Company

OneMain Holdings, Inc. is an American financial services holding company headquartered in Evansville, Indiana, with central offices throughout the United States. The company wholly owns OneMain Finance Corporation and its subsidiaries, through which it operates in the consumer finance and insurance industries as OneMain Financial. Its business primarily focuses on providing personal loans and optional insurance products to customers with limited access to traditional lenders, such as banks and credit card companies. OneMain's roots stretch back to 1912 when it was founded by Alexander E. Duncan as Commercial Credit Company in Baltimore, Maryland. Through a series of mergers and acquisitions, Commercial Credit Company eventually became a subsidiary of Citigroup and was known as CitiFinancial. After the 2008 financial crisis, Citigroup reorganized its business, with the company regarding CitiFinancial as a noncore business that it renamed to OneMain Financial and sought to sell. Meanwhile, Interstate Finance Corporation was founded in Evansville in 1920 and experienced its own series of mergers and acquisitions until it became American General Finance, the consumer finance subsidiary of AIG. In November 2010, Fortress Investment Group purchased a majority stake in American General Finance and renamed it to Springleaf Financial the following year. In November 2015, Springleaf Financial acquired OneMain Financial, with OneMain becoming the surviving brand. As of December 2020, OneMain had approximately 1,500 branch offices in 44 states.

Sector

Finance

Industry

Personal Credit Institutions

Employees

10200

Exchange

NYSE

$4B

Total Revenue

10K

Employees

$6B

Market Capitalization

9.40

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $OMF News

OneMain (OMF) Closes Foursight Deal Amid Auto Expansion Move

24d ago, source: Hosted on MSN

OneMain Holdings, Inc. OMF has completed its previously announced deal to acquire Foursight Capital LLC from Jefferies ...

OneMain Holdings: Balancing Improved Earnings with Cautious Underwriting and Economic Challenges

9d ago, source:

OneMain Holdings (OMF – Research Report), the Financial sector company, was revisited by a Wall Street analyst today. Analyst Michael ...

KBRA Assigns Preliminary Ratings to OneMain Financial Issuance Trust 2024-1

4d ago, source:

KBRA assigns preliminary ratings to four classes of notes issued by OneMain Financial Issuance Trust 2024-1 ("OMFIT 2024-1"), a consumer loan asset-backed securities transaction. OMFIT 2024-1 will ...

13 Cheap High Dividend Stocks To Invest In Now

17d ago, source:

In this article, we will take a detailed look at the 13 Cheap High Dividend Stocks To Invest In Now. For a quick overview of ...

Analysts Estimate OneMain Holdings (OMF) to Report a Decline in Earnings: What to Look Out for

3d ago, source:

OneMain (OMF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Oportun Appoints Scott Parker to its Board of Directors in Cooperation with Findell Capital

3d ago, source:

Oportun (Nasdaq: OPRT) (“Oportun”, or the "Company"), a mission-driven fintech, today announced the appointment of Scott Parker as a new independent director and Richard Tambor as an observer to ...

Owner, CFO of Indy-based investment company charged in fraud case; more victims asked to come forward

on MSN ago, source:

Two people have been charged after Indiana officials say they guaranteed an elderly victim “life-changing” results on ...

OneMain Holdings Announces Date of First Quarter 2024 Earnings Release and Conference Call

17d ago, source:

OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, plans to report ...

Bill Miller’s Latest 13 Stock Picks

8d ago, source: InvestingChannel on MSN

In this piece, we will take a look at Bill Miller’s latest stock picks. If you want to skip our overview of Miller, his firm, ...

Sallie Mae declares $0.11 dividend

3d ago, source: Seeking Alpha on MSN

Sallie Mae (NASDAQ:SLM) declares $0.11/share quarterly dividend, in line with previous. Forward yield 2.06% Payable June 17; for shareholders of record June 6; ex-div June 6. See SLM Dividend ...

Old Mutual Limited Discloses Major Holdings in Mondi Plc

13d ago, source: South African Official News on MSN

Old Mutual Limited, a major insurance and financial services provider in South Africa, has disclosed its significant holdings in Mondi Plc, according to a recent public opening position filing with ...

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