OneMain Holdings Inc (STU:0S1)
€ 53.6 -0.12 (-0.22%) Market Cap: 6.48 Bil Enterprise Value: 26.17 Bil PE Ratio: 12.55 PB Ratio: 2.13 GF Score: 61/100

OneMain Holdings Inc at Bank of America Financial Services Conference Transcript

Feb 20, 2024 / 09:40PM GMT
Release Date Price: €43.5 (+1.52%)
Mihir Bhatia
BofA Securities, Research Division - VP in Equity Research & Research Analyst

We'll get started. Good afternoon, everyone. Thank you for joining us this afternoon. I'm -- those who I haven't met, I'm Mihir Bhatia. I cover consumer finance and specialty payments companies here at Bank of America. We welcome you to our conference, and we recognize this is keeping you from the drinks reception. So we'll try to keep it fast, but still cover all the key topics.

I'm glad to have OneMain on stage with me here today. Doug is the CEO of OneMain. For those who don't know, I imagine most people do. But in case you don't, OneMain is a leading consumer finance company that provides personal loans, auto loans, and it recently expanded into credit cards. The company focuses primarily on nonprime customers. So Doug, thank you for doing this event, and welcome to the conference.

We'll talk -- we'll get into some detail over the next 0.5 hour, 40 minutes on various aspects of the business. But I thought a good place to start would be for you to just provide a little bit of an overview

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