NYSE$OMF

OneMain Holdings Inc. · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported pretax income and net income increased compared to the prior year quarter, driven by strategic initiatives and favorable economic conditions.

OneMain Holdings, Inc. reported strong third quarter 2021 results, with pretax income of $376 million and net income of $288 million, compared to $341 million and $250 million, respectively, in the prior year quarter. Earnings per diluted share were $2.17, compared to $1.86 in the prior year quarter. The company also initiated the roll-out of BrightWay credit cards, expected to be the next driver of growth.

  • Diluted EPS was $2.17.
  • C&I adjusted diluted EPS was $2.37.
  • C&I managed receivables were $19.1 billion.
  • C&I net charge-off ratio was 3.52%.

Headline financials

Total Revenue

$1.03B

Previous: $935M+10.3%
EPS (adj)

$2.37

Previous: $2.19+8.2%
Consumer Loan Originations

$3.9B

Previous: $2.9B+34.5%
Free Cash Flow

$288M

Previous: $250M+15.2%
Net Income

$288M

Previous: $250M+15.2%
Operating Income

$326M

Previous: $210M+55.2%
Gross Profit

$760M

Previous: $661M+15.0%
Cash & Equivalents

$821M

Previous: $1.94B-57.8%
Total Assets

$22B

Previous: $21.9B+0.5%
Stock-Based Comp

$5M

Previous: $3M+66.7%

Revenue & EPS history

OneMain · Revenue · Quarterly

$1.03B

Q3 2021+10.3%vs Q3 2020
Beat estimate in 5 of 16 quarters(31%)
ActualEstimate

Revenue by segment

OneMain · $1.27B total across 1 segment · Q3 2021

  • Consumer & Insurance
    $1.27B

Forward guidance

The company expects to maintain a minimum quarterly dividend of $0.70 per share going forward.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

+1.6%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+0.2%

Avg return

30 days after

57%

31 / 54 earnings

Positive

+24.7%

Q2 2014

Best reaction

-38.0%

Q3 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.4%-4.9%-5.9%
Q4 2025-1.4%-2.3%-15.5%
Q3 2025+10.1%+9.2%+11.3%
Q2 2025+0.9%+0.4%+4.5%
Q1 2025-1.1%+0.4%+6.8%
Q4 2024-3.2%-1.1%-6.4%
Q3 2024+4.6%+5.6%+20.8%
Q2 2024-8.6%-16.5%-7.0%
Q1 2024-0.2%+0.7%-4.7%
Q4 2023-7.4%-2.1%+2.0%
Q3 2023-4.2%-3.5%+4.4%
Q2 2023-5.5%-5.3%-16.8%
Q1 2023-0.6%-0.6%-3.5%
Q4 2022+8.7%+7.3%-6.0%
Q3 2022+10.1%+18.6%+18.7%
Q2 2022-3.6%+0.0%-5.6%
Q1 2022+2.7%+6.8%-1.1%
Q4 2021-1.0%+2.8%-11.3%
Q3 2021-6.6%-8.6%-16.7%
Q2 2021+0.1%+1.1%-6.8%
Q1 2021+2.5%+4.2%+2.2%
Q4 2020+1.1%-4.4%-2.0%
Q3 2020-2.6%-7.6%+9.2%
Q2 2020+12.9%+13.9%+15.0%
Q1 2020+20.5%+17.9%+34.3%
Q4 2019+7.4%+9.5%-27.2%
Q3 2019+6.2%+11.5%+16.8%
Q2 2019+16.9%+14.0%-1.6%
Q1 2019-2.7%-1.6%-10.5%
Q4 2018+12.1%+13.1%+11.1%
Q3 2018+12.5%+7.8%+6.6%
Q2 2018-2.0%+5.5%+7.6%
Q1 2018+0.4%+1.0%+1.1%
Q4 2017+5.2%+4.2%-1.0%
Q3 2017+2.6%-0.4%-17.9%
Q2 2017+0.2%+2.4%+2.6%
Q1 2017+6.5%+5.1%+3.3%
Q4 2016+10.5%+16.4%+9.1%
Q3 2016-38.0%-28.8%-16.7%
Q2 2016+8.3%+4.2%+6.1%
Q1 2016+0.9%
Q4 2015-3.1%
Q3 2015-5.9%
Q2 2015-7.7%
Q1 2015-1.0%
Q4 2014+2.9%
Q3 2014+7.2%
Q2 2014+24.7%
Q1 2014-6.9%
Q2 2013+1.3%
Q1 2012+1.3%
Q4 2012+1.3%
Q4 2013-6.1%
Q3 2013+1.9%
Q1 2013
Q3 2012
Q2 2011
Q1 2011
Q2 2010
Q1 2010

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