OneMain Holdings, Inc. (OMF)


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April 12, 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

8.68

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

14d ago, source: Hosted on MSN

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

OneMain Holdings, Inc. Completes Acquisition of Foursight Capital LLC

15d ago, source:

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

OneMain Holdings

4d ago, source: Forbes

OneMain Holdings, Inc. is a consumer finance company, which provides origination, underwriting and servicing of personal loans, primarily to non-prime customers. It operates through the following ...

OneMain Holdings Inc OMF

4d ago, source: Morningstar

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

OneMain Holdings Inc OMF

5d ago, source: Morningstar

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings ...

OneMain Holdings, Inc. Completes Acquisition of Foursight Capital LLC

15d ago, source: Wane

NEW YORK, April 1, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF) ("OneMain"), the leader in offering nonprime consumers responsible access to credit, announced today that it has ...

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