OneMain Holdings reports Q3 adjusted EPS $1.57, consensus $1.49

Q3 C&I capital generation was $232M, compared to $280M in the prior year quarter. The decline was driven by higher net charge-offs in the current quarter compared to the prior year period. “OneMain remains very well positioned in the current environment,” said Doug Shulman, Chairman and CEO of OneMain. “Our strong balance sheet, superior credit risk management, and new products position us well for the future.”