Headquartered in Evansville, IN Fiscal year ends December NYSE: OMF onemainfinancial.com
OneMain Holdings, Inc. (NYSE: OMF) is a consumer finance company focused on providing responsible access to credit for nonprime consumers in the United States. The company offers personal loans (both secured and unsecured), auto finance loans originated through a network of auto dealerships, and credit cards. OneMain operates through more than 1,300 branch locations across 48 states as well as online and digital channels. The company also operates regulated insurance subsidiaries that provide credit insurance and related products. OneMain manages approximately $26.9 billion in receivables, including loans serviced for whole loan sale partners and auto finance loans originated by third parties. The company generates revenue primarily through interest income on its consumer loan portfolio, supplemented by insurance premiums, investment income, gains on finance receivable sales, and servicing fees. OneMain funds its lending operations through a combination of secured and unsecured debt in the capital markets, with approximately 52% of its $23.1 billion in principal debt being secured. Updated
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OneMain Holdings, Inc. (NYSE: OMF) is a consumer finance company focused on providing responsible access to credit for nonprime consumers in the United States. The company offers personal loans (both secured and unsecured), auto finance loans originated through a network of auto dealerships, and credit cards.
24/7 Wall St.'s 12-month price target for OMF is $69.93, rated Buy. The Wall Street consensus target is $68.50. OMF price prediction →
