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home / news releases / OMF - OneMain Holdings: Why The Stock Is Now Better Than The Bonds

OMF - OneMain Holdings: Why The Stock Is Now Better Than The Bonds

OneMain Holdings Inc.

2024-04-30 13:15:42 ET

Summary

  • OneMain Holdings reported earnings and revenue that missed expectations, but the stock remains near a 52-week-high.
  • The company saw a decline in net interest income and a softening of loan demand in the first quarter.
  • Delinquencies and charge-offs are a concern, but OMF has sufficient allowances for losses and sources of liquidity.

OneMain Holdings Q1 Earnings

Earlier today, consumer lender OneMain Holdings, Inc. ( OMF ) announced their first quarter earnings . The company reported earnings that missed expectations , along with revenue that came in a little lighter than expected. Despite the misses in earnings per share and revenue, the stock held up in premarket trading and continues to hover near a 52-week-high....

For further details see:

OneMain Holdings: Why The Stock Is Now Better Than The Bonds
Stock Information
Company Name: OneMain Holdings Inc.
Stock Symbol: OMF
Market: NYSE
Website: omf.com
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