Market Capitalization (Millions $) |
6,524 |
Shares
Outstanding (Millions) |
120 |
Employees |
9,100 |
Revenues (TTM) (Millions $) |
2,475 |
Net Income (TTM) (Millions $) |
548 |
Cash Flow (TTM) (Millions $) |
-500 |
Capital Exp. (TTM) (Millions $) |
0 |
Onemain Holdings Inc
OneMain Holdings Inc. is an American financial services company that provides personal loans and other credit-related products to customers in the United States. The company is headquartered in Evansville, Indiana, and has over 1,500 branches across the United States. It was founded in 1912 as Springleaf Financial and was acquired by Fortress Investment Group LLC in 2010 before being rebranded as OneMain Holdings Inc. in 2015.
The primary focus of OneMain Holdings Inc. is to provide personal loans to customers who have limited access to traditional credit markets. The company offers secured and unsecured personal loans, which can be used for a variety of purposes including debt consolidation, home improvement, auto repair, and medical bills. Loan amounts range from $1,500 to $20,000, and loan terms range from 24 to 60 months. Interest rates vary depending on the borrower's credit history, with rates ranging from 18% to 35.99%. OneMain Holdings Inc. also offers other credit-related products, including credit insurance, debt protection, and credit monitoring.
OneMain Holdings Inc. has grown significantly over the years through a combination of organic growth and strategic acquisitions. In 2012, the company acquired American General Finance, which added over 1,300 branches to its network. In 2015, OneMain acquired Citigroup's OneMain Financial Services, which further expanded its presence in the United States. The company has also invested heavily in technology to improve its customer experience and streamline its operations.
In 2018, OneMain Holdings Inc. reported $4.9 billion in total revenue and $711 million in net income. The company has over 10,000 employees and is listed on the New York Stock Exchange under the ticker symbol OMF. OneMain Holdings Inc. has consistently received positive ratings from credit rating agencies, with Moody's rating the company Ba3 and Standard & Poor's rating it BB. The company has also received recognition for its corporate social responsibility efforts and was named one of the "World's Most Ethical Companies" by Ethisphere Institute in 2019.
Company Address: 601 N.W. Second Street Evansville 47708 IN
Company Phone Number: 424-8031 Stock Exchange / Ticker: NYSE OMF
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