OneMain Holdings, Inc. (NYSE:OMF) Q2 2024 Earnings Conference Call July 31, 2024 9:00 AM ET

Company Participants

Peter Poillon - Head, IR
Doug Shulman - Chairman & CEO
Jenny Osterhout - CFO

Conference Call Participants

Terry Ma - Barclays
Moshe Orenbuch - TD Cowen
Michael Kaye - Wells Fargo
Rick Shane - JPMorgan
Mihir Bhatia - Bank of America
John Rowan - Janney
Vincent Caintic - BTIG
Mark DeVries - Deutsche Bank
David Scharf - Citizens JMP

Operator

Please standby we're about to begin. Welcome to the OneMain Financial Second Quarter 2024 Earnings Conference Call and Webcast. Hosting the call today from OneMain is Peter Poillon, Head of Investor Relations.

Today's call is being recorded. At this time, all participants have been placed in a listen-only mode and the floor will be open for your questions following the presentation. [Operator Instructions].

It is now my pleasure to turn the floor over to Peter Poillon. You may begin.

Peter Poillon

Thank you, Operator. Good morning, everyone, and thank you for joining us.

Let me begin by directing you to Page 2 of the second quarter 2024 investor presentation, which contains important disclosures concerning forward-looking statements and the use of non-GAAP measures. The presentation can be found in the Investor Relations section of the OneMain website.

Our discussion today will contain certain forward-looking statements reflecting management's current beliefs about the Company's future financial performance and business prospects, and these forward-looking statements are subject to inherent risks and uncertainties and speak only as of today.

Factors that could cause actual results to differ materially from these forward-looking statements are set forth in our earnings press release. We caution you not to place undue reliance on forward-looking statements. If you may be listening to this via replay, at some point after today, we remind you that the remarks made herein are as of today, July 31st, and have not been updated subsequent to this call.

Our call this morning will include the formal remarks from Doug Shulman, our Chairman and Chief Executive Officer; and Jenny Osterhout, our Chief Financial Officer. After the conclusion of our formal remarks, we will conduct a question-and-answer session.

I'd like to now turn the call over to Doug.

Doug Shulman

Thanks, Pete. Good morning, everyone, and thank you for joining us today.

I'll start by saying that we feel very good about our results in the first half of the year. The tightened underwriting standards that we've been operating with for almost two years are resulting in our credit metrics continuing to head in the right direction.