OneMain Financial Performance Overview
Funding and liquidity strengthened since merger
Interest expense & debt mix 1,3
12/31/2015 12/31/2019
■Unsecured ■Secured
Asset-Backed Securities
$17.6
ABS Transactions
10
26
Top ABS Rating
A+
AAA
$15.4
$15.5
Direct Auto Program
No
Yes
$14.3
Class A Spreads
183bps
85bps
$7.7
Unsecured Debt¹
$7.5
$8.7
Maturities (next 2 yrs)
$2.3
$1.7
$8.3
•
Average Coupon
6.8%
6.7%
•
Average Duration
3.8 years
4.6 years
Liquidity
•
Conduit Lines
$5.2
$7.1
•
Drawn Conduits
$2.6
$0.0
Unencumbered Receivables
$2.0
$9.9
$9.9
$8.0
$6.1
$6.7
Capital²
2016
2017
2018
2019
Adj. Tangible Equity
$1.0
$2.7
Secured
Net Tangible Leverage
16.8x
5.8x
TCE / TMA
5.1%
13.0%
Debt Mix
58%
57%
48%
44%
Interest
Expense %2,4
5.5%
5.5%
5.5%
5.5%
1. Reflects principal maturities. 2. See Q4 2019,2018, 2017, 2016 & 2015 earnings presentations for reconciliations and disclosures required by Regulation G for Non-GAAP
Financial Measures along with glossary of select calculations. 3. May not sum due to rounding. 4. C&I interest expense / C&I average net receivables.
OneMain Financial.
($ in billions unless otherwise noted)
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