OneMain Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter Ended June 30, 2021
July 20, 2021
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OneMain Holdings, Inc. announced unaudited consolidated earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced interest income of USD 1,071 million compared to USD 1,077 million a year ago. Net income was USD 350 million compared to USD 89 million a year ago. Diluted earnings per share was USD 2.60 compared to USD 0.66 a year ago.
For the half year, the company reported interest income of USD 2,130 million compared to USD 2,184 million a year ago. Net income was USD 763million compared to USD 121 million a year ago. Diluted earnings per share was USD 5.67 compared to USD 0.9 a year ago.
OneMain Holdings, Inc. is a financial service holding company. The Company provides personal loan products; offers credit cards; offers optional credit insurance and other; offers a customer-focused financial wellness program, and acquisitions and dispositions of assets and businesses. It provides origination, underwriting, and servicing of personal loans, primarily to nonprime customers. In addition, the Company offers two credit cards, BrightWay and BrightWay+, through a third-party bank partner. The Company offers optional credit insurance products, such as credit life insurance, which provides for payment to the lender of the finance receivable in the event of the borrowerâs death; credit disability insurance, which provides scheduled monthly loan payments to the lender during borrowerâs disability due to illness or injury, and credit involuntary unemployment insurance, which provides scheduled monthly loan payments to the lender during borrowerâs involuntary unemployment.
ONEMAIN HOLDINGS, INC. 
