Earnings release
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OneMain Financial . News Release OneMain Holdings , Inc. Reports Third Quarter 2021 Results 10/20/2021 • 3Q 2021 Diluted EPS of $ 2.17 • 3Q 2021 C & I adjusted diluted EPS of $ 2.37 • 3Q 2021 C & I managed receivables of $ 19.1 billion • 3Q 2021 C & I net charge - off ratio of 3.52 % • Declared quarterly dividend of $ 0.70 per share • Repurchased 2.4 million shares for $ 141 million in 3Q NEW YORK -- ( BUSINESS WIRE ) -- OneMain Holdings , Inc. ( NYSE : OMF ) , the country's largest near - prime installment lender with a mission of improving the financial well - being of hardworking Americans , today reported pretax income of $ 376 million and net income of $ 288 million for the third quarter of 2021 , compared to $ 341 million and $ 250 million , respectively , in the prior year quarter . Earnings per diluted share were $ 2.17 in the third quarter of 2021 , compared to $ 1.86 in the prior year quarter . On October 20 , 2021 , OneMain declared a quarterly dividend of $ 0.70 per share payable on November 9 , 2021 , to record holders of the company's common stock as of the close of business on November 2 , 2021. The company expects to maintain a minimum quarterly dividend of $ 0.70 per share going forward . Dividends above the minimum are evaluated by the Board of Directors every first and third quarters , consistent with prior quarters and the company's capital allocation strategy . During the quarter , the Company repurchased approximately 2.4 million shares of common stock for $ 141 million , including a 1.7 million share block repurchase for $ 99 million , which was specifically authorized and completed as part of the July secondary offering . " Our strategic initiatives and favorable economic conditions have put our company on the trajectory of meaningful 1