NYSE:OMF

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

Retrieved on: 
Monday, April 22, 2024
Agreement, Social, Fintech, Good, Development, Risk management, Environment, Tambor, SAN, Management

Tambor will stand for election to Oportun's Board of Directors at Oportun's 2024 annual shareholder meeting later this year.

Key Points: 
  • Tambor will stand for election to Oportun's Board of Directors at Oportun's 2024 annual shareholder meeting later this year.
  • The appointments are in connection with a cooperation agreement (the "Agreement") the Company has entered into with Findell Capital Management LLC (together, with certain of its affiliates “Findell”).
  • Findell is an investment firm that owns approximately 7.7% of Oportun’s outstanding common shares.
  • A complete copy of the Agreement will be filed on Form 8-K with the U.S. Securities and Exchange Commission.

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

Retrieved on: 
Tuesday, April 9, 2024
OMF

NEW YORK, April 9, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, plans to report its first quarter 2024 results before the market opens on Tuesday, April 30, 2024.

Key Points: 
  • NEW YORK, April 9, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, plans to report its first quarter 2024 results before the market opens on Tuesday, April 30, 2024.
  • The earnings release will be available on OneMain's investor relations website at http://investor.onemainfinancial.com .
  • A conference call to discuss the company's results, outlook and related matters will be held that morning at 9:00 a.m. Eastern.
  • For those unable to listen to the live broadcast, a replay will be available on our website after the event.

New Research Confirms Positive Impact of OneMain's BUILD Credit Education

Retrieved on: 
Thursday, March 7, 2024
Entrepreneurship, Education, Curriculum, Importance, School, Knowledge, Research, Student, Nursing

The Importance of Credit-Based Education for High School Students ," developed by EVERFI from Blackbaud, the leader in powering social impact through education, details the impact that Build has had on students since its inception in August 2022.

Key Points: 
  • The Importance of Credit-Based Education for High School Students ," developed by EVERFI from Blackbaud, the leader in powering social impact through education, details the impact that Build has had on students since its inception in August 2022.
  • The research, which followed the progress of 17,000 high schoolers who took the course, shows that OneMain's Build course has used evidence-based approaches to improve credit knowledge for high school students nationwide.
  • Build is designed to help high school students develop healthy credit habits early and understand topics such as growing and managing credit and addressing issues and inaccuracies in their credit record.
  • OneMain also offers the Credit Worthy Family Resource Center and is funding $300,000 in scholarships for students participating in Credit Worthy by OneMain.

OneMain Holdings to Present at 2024 RBC Capital Markets Global Financial Institutions Conference

Retrieved on: 
Tuesday, February 27, 2024
OMF, Conference

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, announced today that Doug Shulman, Chairman and CEO, will present at the 2024 RBC Capital Markets Global Financial Institutions Conference at 8:40 a.m. Eastern on Tuesday, March 5.

Key Points: 
  • NEW YORK, Feb. 27, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, announced today that Doug Shulman, Chairman and CEO, will present at the 2024 RBC Capital Markets Global Financial Institutions Conference at 8:40 a.m. Eastern on Tuesday, March 5.

OneMain Holdings to Present at Bank of America Securities 2024 Financial Services Conference

Retrieved on: 
Tuesday, February 13, 2024
Bank, OMF, Conference

NEW YORK, Feb. 13, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, announced today that Doug Shulman, Chairman and CEO, will present at the Bank of America Securities 2024 Financial Services Conference at 4:40 p.m. Eastern on Tuesday, February 20.

Key Points: 
  • NEW YORK, Feb. 13, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, announced today that Doug Shulman, Chairman and CEO, will present at the Bank of America Securities 2024 Financial Services Conference at 4:40 p.m. Eastern on Tuesday, February 20.

OneMain Holdings Announces Appointments of Jenny Osterhout as Chief Financial Officer and Micah Conrad as Chief Operating Officer

Retrieved on: 
Tuesday, February 13, 2024
CFO, BNY Mellon, OMF, Growth, Senior advisor, Citigroup, McKinsey & Company, Financial management, Head, Management

NEW YORK, Feb. 13, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today announced the appointments of Jenny Osterhout as the company's Chief Financial Officer (CFO) and Micah Conrad as the company's Chief Operating Officer (COO), both effective March 31, 2024.

Key Points: 
  • NEW YORK, Feb. 13, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today announced the appointments of Jenny Osterhout as the company's Chief Financial Officer (CFO) and Micah Conrad as the company's Chief Operating Officer (COO), both effective March 31, 2024.
  • Osterhout currently serves as the company's Chief Strategy Officer, and Conrad currently is the company's CFO.
  • "Micah built a world class funding program and led disciplined financial management of OneMain during a period of growth and outstanding shareholder returns," said Doug Shulman, OneMain's Chairman and Chief Executive Officer.
  • Osterhout joined OneMain in January 2020 and has served as Chief Strategy Officer since November 2020.

OneMain Holdings Announces Date of Fourth Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Wednesday, January 17, 2024
OMF

NEW YORK, Jan. 17, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, plans to report its fourth quarter 2023 results before the market opens on Wednesday, February 7, 2024.

Key Points: 
  • NEW YORK, Jan. 17, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, plans to report its fourth quarter 2023 results before the market opens on Wednesday, February 7, 2024.
  • The earnings release will be available on OneMain's investor relations website at http://investor.onemainfinancial.com .
  • A conference call to discuss the company's results, outlook and related matters will be held that morning at 9:00 a.m. Eastern.
  • For those unable to listen to the live broadcast, a replay will be available on our website after the event.

OneMain to Host an Investor Day on December 6, 2023

Retrieved on: 
Monday, November 27, 2023
OMF, Webcast, NYSE

NEW YORK, Nov. 27, 2023 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime customers responsible access to credit, will host an Investor Day on Wednesday, Dec. 6, 2023, in New York City.

Key Points: 
  • NEW YORK, Nov. 27, 2023 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime customers responsible access to credit, will host an Investor Day on Wednesday, Dec. 6, 2023, in New York City.
  • The event will feature presentations from Doug Shulman, the company's Chairman and CEO, and other members of the company's executive management team.
  • Presentations will begin at approximately 1:00 p.m. Eastern time and the event will conclude around 3:30 p.m. Eastern time.
  • A live video webcast of the event will be available through the Investor Relations section of the OneMain website.

OneMain Holdings, Inc. to Acquire Foursight Capital LLC

Retrieved on: 
Tuesday, November 21, 2023
Acquisition, NYSE, Foursight theatre, LLP, OMF, Jefferies Group, Covington & Burling, Jefferies Financial Group, Partnership, JEF, Bank, Financial services, OneMain Financial, Jefferies

NEW YORK, Nov. 21, 2023 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF) ("OneMain"), the leader in offering nonprime customers responsible access to credit, and Jefferies Financial Group Inc. (NYSE: JEF) ("Jefferies") today announced they have reached a definitive agreement under which OneMain will acquire Foursight Capital LLC ("Foursight") from Jefferies for $115 million in cash.

Key Points: 
  • NEW YORK, Nov. 21, 2023 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF) ("OneMain"), the leader in offering nonprime customers responsible access to credit, and Jefferies Financial Group Inc. (NYSE: JEF) ("Jefferies") today announced they have reached a definitive agreement under which OneMain will acquire Foursight Capital LLC ("Foursight") from Jefferies for $115 million in cash.
  • As part of the transaction, OneMain will acquire Foursight's approximately $900 million loan portfolio.
  • Jefferies LLC is serving as exclusive financial advisor and Morgan Lewis & Bockius LLP is serving as legal counsel to Jefferies.
  • Barclays Capital, Inc. is serving as exclusive financial advisor and Covington & Burling LLP is serving as legal counsel to OneMain.

OneMain Holdings, Inc. Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, October 25, 2023
Banking, Professional Services, Finance, Environment, C&I, Growth, Sale, GAAP, OneMain Financial, NYSE, OMF, Video game, Bank, Pharmaceutical industry

Earnings per diluted share were $1.61 in the third quarter of 2023, compared to $1.49 in the prior year quarter.

Key Points: 
  • Earnings per diluted share were $1.61 in the third quarter of 2023, compared to $1.49 in the prior year quarter.
  • Adjusted earnings per diluted share were $1.57 for the third quarter of 2023, compared to $1.49 in the prior year quarter.
  • C&I capital generation was $232 million for the third quarter 2023, compared to $280 million in the prior year quarter.
  • Personal loan originations totaled $3.3 billion in the third quarter of 2023, down 8% from $3.6 billion in the prior year quarter.