OneMain Financial (OMF) Tops Q1 EPS by $1.22

OneMain Financial (NYSE: OMF) reported Q1 EPS of $3.37, $1.22 better than the analyst estimate of $2.15.

• 1Q 2021 Diluted EPS of $3.06
• 1Q 2021 C&I adjusted diluted EPS of $3.37
• 1Q 2021 C&I ending net finance receivables of $17.6 billion
• 1Q 2021 C&I net charge-off ratio of 4.67%
• Raises minimum quarterly dividend 56% to $0.70 per share
• Announces $150 million share repurchase program

"Our strong financial results in the first quarter reflect the improving economic environment as well as our focus on the core drivers of our business," said Doug Shulman, Chairman and CEO of OneMain. "We expect to see increasing demand for our products as the economy continues to accelerate and as we advance key strategic initiatives that help our customers improve their financial well-being."

For earnings history and earnings-related data on OneMain Financial (OMF) click here.

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