OneMain Financial- A Financial Service Company

Hey, this is Stocks_Pedia.

l would like to introduce some unfamiliar companies that may be of some help to your investments.

The company I'm going to introduce is $(OneMain Holdings, Inc. (OMF))$.

lt went public on 18th October 2013.

[Company Profile]

OneMain Financial is a financial service holding company, engages in the consumer finance and insurance businesses. The company originates, underwrites, and services personal loans secured by automobiles, other titled collateral, or unsecured. The company also offers credit insurance products comprising life, disability, and involuntary unemployment insurance; optional non-credit insurance; guaranteed asset protection coverage as a waiver product or insurance; and membership plans. It operates through a network of approximately 1,400 branch offices in 44 states in the United States.

[History and Events]

1912: OneMain Financial was founded by commercial credit in Baltimore, Maryland.

1920: Interstate Finance Corporation was founded in Evansville, Indiana.

2001: Interstate Finance Corporation became a part of AIG.

2010: Fortress Investment Group acquired the business from AIG.

2011: Fortress Investment Group changed its name to Springleaf Holdings, Inc.

2013: OneMain Financial went pubilc.

2015: Springleaf Holdings, Inc. acquired OneMain Financial from Citigroup for $4.25 billion. The new company kept the name OneMain Financial.

2021: OneMain Financial acquires Trim.

[Main Business Segments]

[Net Income and Total Revnue]

[Competitors]

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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