Hitachi Digital Services Partners with DS Smith to transform its Integration Platform to Drive Digital Innovation
DS Smith, a global leader in sustainable packaging solutions, has embarked on a large-scale digital transformation to improve its business agility. The company's legacy integration platform, Microsoft BizTalk, is approaching end-of-life support in 2027, creating a need for modernization. Rather than a simple replacement, DS Smith sought an innovative, future-proof solution leveraging Integration Platform as a Service (iPaaS) capability.
By partnering with Hitachi Digital Services, DS Smith is transitioning to a cloud-based, AI-powered integration ecosystem built on the Boomi platform. This transformation will enable DS Smith to move away from outdated middleware, optimize system interoperability, and significantly improve business responsiveness.
Key Benefits of the Partnership:
Accelerated Integration Deployment: DS Smith's new platform will reduce integration timelines dramatically—from months to weeks or even days—allowing faster responses to market demands and evolving customer needs.
Enhanced Resilience and Reliability: The cloud-based integration system will ensure more robust, scalable, and secure data flows, reducing downtime and minimizing disruptions in day-to-day operations.
AI-Driven Efficiency: By leveraging AI to automate integration processes, DS Smith will achieve greater operational efficiency, reducing maintenance overhead and enabling teams to focus on strategic business initiatives.
Seamless Customer and Vendor Connectivity: The new API-first architecture will enhance DS Smith's ability to integrate with external partners, significantly reducing onboarding time for new customers and vendors.
With c.5,000 existing integrations across its diverse business landscape—including 300 packaging centers and more than a dozen mills—DS Smith faced a complex challenge in transitioning to a modernized platform. Hitachi Digital Services will oversee the design, implementation, and migration process, ensuring a seamless transition while maintaining business continuity.
'This partnership with Hitachi Digital Services represents a major step forward in DS Smith's digital transformation journey,' said Leon Gelderblom, DS Smith's Director of IT Applications and Platforms. 'By modernizing our integration infrastructure, we are not only improving efficiency but also future proofing our operations to stay competitive in a rapidly evolving marketplace.'
Roger Lvin, CEO at Hitachi Digital Services, added, 'At Hitachi Digital Services, we are committed to bringing industry-leading expertise to our clients, helping them navigate complex digital transformations with innovative solutions. Our work with DS Smith exemplifies this approach, delivering a cutting-edge integration platform that leverages cloud capabilities, AI-driven automation, and modern API connectivity. This initiative not only enhances DS Smith's operational agility but also reinforces our broader mission to drive digital excellence across industries.'
Hitachi Digital Services excels in delivering large-scale digital transformation solutions for enterprise clients operating in complex environments. With deep expertise in managing legacy system transitions, leveraging AI, cloud computing, and automation, Hitachi Digital Services minimizes downtime and ensures smooth, secure migrations to modern, scalable architectures. It delivers tailored solutions that empower enterprises to stay ahead in a rapidly evolving digital landscape.
About Hitachi Digital Services
Hitachi Digital Services, a wholly owned subsidiary of Hitachi, Ltd., is a global systems integrator powering mission-critical platforms with people and technology. We help enterprises build, integrate, and run physical and digital systems with tailored solutions in cloud, data, IoT, and ERP modernization, underpinned by advanced AI.
Combining Information Technology and Operational Technology (ITxOT), we drive efficiency, innovation and growth across industries. With over 110 years of Hitachi Group's engineering and technology leadership, Hitachi Digital Services is powering smarter systems for a safer, more sustainable future for everyone.
To learn more, visit https://hitachids.com/.
Also to learn more about our AI and GenAI Services, visit https://hitachids.com/service/ai-genai-services/.
About Hitachi, Ltd.
Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers' and society's challenges with Lumada solutions leveraging IT, OT and products. Hitachi operates under the business structure of 'Digital Systems & Services' — supporting our customers' digital transformation, 'Green Energy & Mobility' — contributing to a decarbonized society through energy and railway systems, and 'Connective Industries' — connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company's consolidated revenues for fiscal year 2022 (ended March 31, 2023) totaled 10,881.1 billion yen, with 696 consolidated subsidiaries and approximately 320,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.
About DS Smith
DS Smith, an International Paper company, is a leading global provider of sustainable fibre-based packaging, which is supported by recycling and papermaking operations. The company plays a central role in the value chain across sectors including e-commerce, fast moving consumer goods, food and beverage, and industrials. It has a target-led Now & Next sustainability strategy, Redefining Packaging for a Changing World and is committed to leading an industry-wide transition to a circular economy while delivering sustainable circular solutions for customers. As a part of this mandate, there is a focus on replacing problem plastics, taking carbon out of supply chains, providing recycling solutions, innovation and significant investment into Research & Development including alternative materials and fibres. The company has a progressive approach to the service and optimization of sustainable supply chains, a well-known and bespoke 'Box-to-Box' in fourteen days operational model and a unique Circular Design Metrics approach. It is a proactive member of the Ellen MacArthur Foundation, and the original DS Smith box-making business was started by the London based Smith family in the 1940s. Additional information can be found by visiting www.dssmith.com.
About International Paper
International Paper (NYSE: IP; LSE: IPC) is the global leader in sustainable packaging solutions. With company headquarters in Memphis, Tennessee, USA, and EMEA (Europe, Middle East, and Africa) headquarters in London, UK, we employ more than 65,000 team members and serve customers around the world with operations in more than thirty countries. Together with our customers, we make the world safer and more productive, one sustainable packaging solution at a time. Net sales for 2024 were $18.6 billion. In 2025, International Paper acquired DS Smith creating an industry leader focused on the attractive and growing North American and EMEA regions. Additional information can be found by visiting www.internationalpaper.com.
Contacts:Hitachi Digital Services, Menaka Thillaiampalam, Chief Marketing Officer, Menaka.Thillaiampalam@hitachids.com
HAVAS Red, Melanie Klausner, Executive Vice President, Melanie.Klausner@havasred.com
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First Citizens BancShares Reports Second Quarter 2025 Earnings, Announces Additional Share Repurchase Plan
RALEIGH, N.C., July 25, 2025 /PRNewswire/ — First Citizens BancShares, Inc. ('BancShares') (Nasdaq: FCNCA) reported earnings for the second quarter of 2025. Chairman and CEO Frank B. Holding, Jr. said: 'Our team delivered solid financial results in the second quarter through revenue growth and positive credit performance across our diverse portfolio. Capital and liquidity positions remained strong, enabling us to return an additional $613 million of capital to our stockholders through share repurchases during the quarter. Also, we are pleased to announce that our Board of Directors approved an additional share repurchase plan for the repurchase of up to $4.0 billion of our Class A common shares which will commence upon completion of the $3.5 billion share repurchase plan announced in July 2024. This reflects our commitments to long-term value creation and delivering returns to our stockholders. Lastly, I am pleased that we have strengthened our leadership and governance with the appointment of Diane Morais to our Board of Directors.' FINANCIAL HIGHLIGHTS Measures referenced below 'as adjusted' or 'excluding PAA' (or purchase accounting accretion) are non-GAAP financial measures. Refer to the Financial Supplement available at or for a reconciliation of each non-GAAP measure to the most directly comparable GAAP measure. Net income for the second quarter of 2025 ('current quarter') was $575 million compared to $483 million for the first quarter of 2025 ('linked quarter'). Net income available to common stockholders for the current quarter was $561 million, or $42.36 per common share, a $93 million increase from $468 million, or $34.47 per common share, in the linked quarter. Adjusted net income for the current quarter was $607 million compared to $528 million for the linked quarter. Consistent with the prior quarter, acquisition-related expenses were the most significant difference between reported and adjusted net income. Adjusted net income available to common stockholders was $593 million, or $44.78 per common share, an $80 million increase from $513 million, or $37.79 per common share, in the linked quarter. NET INTEREST INCOME AND MARGIN Net interest income totaled $1.70 billion for the current quarter, an increase of $32 million from the linked quarter. Net interest income related to PAA was $66 million compared to $75 million in the linked quarter, a decrease of $9 million. Net interest income, excluding PAA, was $1.63 billion compared to $1.59 billion in the linked quarter, an increase of $41 million, primarily due to the following: Interest income on loans increased $34 million. Interest income on loans, excluding loan PAA, increased $43 million, mainly due to the impacts of a higher average balance and a higher day count. Interest income on loans increased $34 million. Interest income on loans, excluding loan PAA, increased $43 million, mainly due to the impacts of a higher average balance and a higher day count. Interest income on interest-earning deposits at banks increased $11 million, primarily due to a higher average balance and a higher day count. Interest income on interest-earning deposits at banks increased $11 million, primarily due to a higher average balance and a higher day count. Interest income on investment securities increased $5 million due to a higher average balance and a higher day count. Interest income on investment securities increased $5 million due to a higher average balance and a higher day count. Interest expense on borrowings increased $17 million due to a higher average balance and rate paid as the issuances during the linked quarter of senior unsecured notes and subordinated notes were outstanding for the entire current quarter. Interest expense on borrowings increased $17 million due to a higher average balance and rate paid as the issuances during the linked quarter of senior unsecured notes and subordinated notes were outstanding for the entire current quarter. Interest expense on interest-bearing deposits increased $1 million as the impacts of a higher average balance and a higher day count were partially offset by a lower rate paid. Interest expense on interest-bearing deposits increased $1 million as the impacts of a higher average balance and a higher day count were partially offset by a lower rate paid. Net interest margin ('NIM') was 3.26% in both the current and linked quarters as the favorable impact of a lower rate paid on interest-bearing deposits was offset by the unfavorable impacts of a higher average balance of interest-bearing deposits and borrowings, a higher rate paid on borrowings, and lower PAA. NIM, excluding PAA, was 3.14% compared to 3.12% in the linked quarter. The yield on average interest-earning assets was 5.67%, a decrease of 1 basis point from the linked quarter, mainly due to lower loan PAA. The yield on average interest-earning assets was 5.67%, a decrease of 1 basis point from the linked quarter, mainly due to lower loan PAA. The rate paid on average interest-bearing liabilities was 3.19%, a decrease of 3 basis points from the linked quarter, primarily due to a lower rate paid on interest-bearing deposits, partially offset by the impacts of a higher average balance of interest-bearing deposits, and a higher average balance and rate paid on borrowings. The rate paid on average interest-bearing liabilities was 3.19%, a decrease of 3 basis points from the linked quarter, primarily due to a lower rate paid on interest-bearing deposits, partially offset by the impacts of a higher average balance of interest-bearing deposits, and a higher average balance and rate paid on borrowings. NONINTEREST INCOME AND EXPENSE Noninterest income was $678 million compared to $635 million in the linked quarter, an increase of $43 million. Adjusted noninterest income was $513 million compared to $479 million in the linked quarter, an increase of $34 million. The increases in noninterest income and adjusted noninterest income were primarily the result of an increase in other noninterest income of $28 million, mainly attributable to the positive impacts from fair value changes in customer derivative positions and other non-marketable investments, as well as the linked quarter write-down of a held for sale asset. Noninterest expense was $1.50 billion compared to $1.49 billion in the linked quarter, an increase of $7 million. Adjusted noninterest expense was $1.28 billion, an increase of $2 million compared to the linked quarter. BALANCE SHEET SUMMARY Loans and leases totaled $141.27 billion at June 30, 2025, a decrease of $89 million (0.3% annualized) compared to $141.36 billion at March 31, 2025. Loan growth in the General Bank and Commercial Bank segments was more than offset by a decline in loans in the SVB Commercial segment. SVB Commercial segment loans declined $289 million (3.1% annualized), mostly related to Tech and Healthcare Banking, partially offset by growth in Global Fund Banking. SVB Commercial segment loans declined $289 million (3.1% annualized), mostly related to Tech and Healthcare Banking, partially offset by growth in Global Fund Banking. General Bank segment growth of $140 million (0.9% annualized) was largely related to an increase in Wealth, partially offset by a decline in business and commercial loans in the Branch Network. General Bank segment growth of $140 million (0.9% annualized) was largely related to an increase in Wealth, partially offset by a decline in business and commercial loans in the Branch Network. Commercial Bank segment growth of $60 million (0.6% annualized) was mainly related to loans in our Real Estate Finance and Equipment Finance portfolios. Commercial Bank segment growth of $60 million (0.6% annualized) was mainly related to loans in our Real Estate Finance and Equipment Finance portfolios. Total investment securities were $43.35 billion at June 30, 2025, a decrease of $973 million since March 31, 2025 as maturities and paydowns more than offset purchases of approximately $1.06 billion short duration available for sale U.S. agency mortgage-backed securities. Deposits totaled $159.94 billion at June 30, 2025, an increase of $610 million since March 31, 2025 (1.5% annualized growth). Deposit growth was mainly attributable to the following: SVB Commercial segment growth of $778 million. SVB Commercial segment growth of $778 million. Corporate growth of $746 million, mostly concentrated in the Direct Bank. Corporate growth of $746 million, mostly concentrated in the Direct Bank. General Bank segment decline of $810 million, mostly related to declines in the Branch Network and Wealth due to seasonal tax outflows, and lower net growth. General Bank segment decline of $810 million, mostly related to declines in the Branch Network and Wealth due to seasonal tax outflows, and lower net growth. Commercial Bank segment deposits decreased $95 million. Commercial Bank segment deposits decreased $95 million. Noninterest-bearing deposits represented 25.6% of total deposits as of June 30, 2025 and March 31, 2025. The cost of average total deposits was 2.27% for the current quarter, compared to 2.32% for the linked quarter. Funding mix remained stable with 80.8% of total funding composed of deposits. PROVISION FOR CREDIT LOSSES AND CREDIT QUALITY Provision for credit losses totaled $115 million for the current quarter compared to $154 million for the linked quarter. The current quarter provision for credit losses included a provision for loan and lease losses of $111 million and a provision for off-balance sheet credit exposure of $4 million. The provision for loan and lease losses for the current quarter was $111 million compared to $148 million for the linked quarter. The $37 million decrease in the provision for loan and lease losses was mainly attributable to a decrease in net charge-offs of $25 million, along with the impact of an $8 million reserve release in the current quarter compared to a $4 million reserve build in the linked quarter. The provision for loan and lease losses for the current quarter was $111 million compared to $148 million for the linked quarter. The $37 million decrease in the provision for loan and lease losses was mainly attributable to a decrease in net charge-offs of $25 million, along with the impact of an $8 million reserve release in the current quarter compared to a $4 million reserve build in the linked quarter. The provision for off-balance sheet credit exposure for the current quarter was $4 million compared to $6 million for the linked quarter, a decrease of $2 million. The provision for off-balance sheet credit exposure for the current quarter was $4 million compared to $6 million for the linked quarter, a decrease of $2 million. Net charge-offs were $119 million for the current quarter, representing 0.33% of average loans, compared to $144 million, or 0.41% of average loans, for the linked quarter. The $25 million decrease was primarily related to lower net charge-offs in the SVB Commercial segment and the Commercial Bank segment. Nonaccrual loans were $1.32 billion, or 0.93% of loans, at June 30, 2025, compared to $1.21 billion, or 0.85% of loans, at March 31, 2025. The increase was mainly due to one individually evaluated nonaccrual credit in the SVB Commercial segment. The allowance for loan and lease losses totaled $1.67 billion, a decrease of $8 million from the linked quarter, as decreases related to Hurricane Helene, other credit quality improvements, and a modest shift in our weighting from the downside to baseline economic scenario were partially offset by higher specific reserves for individually evaluated loans. The allowance for loan and lease losses as a percentage of loans was 1.18% at June 30, 2025, compared to 1.19% at March 31, 2025. CAPITAL AND LIQUIDITY Capital ratios are well above regulatory requirements. The estimated total risk-based capital, Tier 1 risk-based capital, Common equity Tier 1 risk-based capital, and Tier 1 leverage ratios were 14.25%, 12.63%, 12.12%, and 9.64%, respectively, at June 30, 2025. During the current quarter, we repurchased 338,959 shares of our Class A common stock for $613 million and paid a dividend of $1.95 per share on our Class A and Class B common stock. Shares repurchased during the current quarter represented 2.73% of Class A common shares and 2.53% of total Class A and Class B common shares outstanding at March 31, 2025. From inception of the Share Repurchase Program announced in July 2024 ('2024 SRP') through June 30, 2025, we have repurchased 1,456,283 shares of our Class A common stock for $2.89 billion, representing 10.77% of Class A common shares and 10.02% of total Class A and Class B common shares outstanding as of June 30, 2024. The total capacity remaining under the 2024 SRP was $611 million as of June 30, 2025. Additionally, the entire $4 billion capacity remains under the Share Repurchase Program announced on July 25, 2025 ('2025 SRP'). Liquidity position remains strong as liquid assets were $63.62 billion at June 30, 2025, compared to $62.79 billion at March 31, 2025. EARNINGS CALL/ WEBCAST DETAILS BancShares will host a conference call to discuss the company's financial results on Friday, July 25, 2025, at 9 a.m. Eastern time. The call may be accessed via webcast on the company's website at or through the dial-in details below: North America: 1-833-470-1428All other locations: 1-929-526-1599Access code: 819036 Our earnings release, investor presentation, and financial supplement are available at In addition, these materials will be furnished to the Securities and Exchange Commission (the 'SEC') on a Form 8-K and will be available on the SEC website at After the event, a replay of the call will be available via webcast at ABOUT FIRST CITIZENS BANCSHARES First Citizens BancShares, Inc. (Nasdaq: FCNCA), a top 20 U.S. financial institution with more than $200 billion in assets and a member of the Fortune 500TM, is the financial holding company for First-Citizens Bank & Trust Company ('First Citizens Bank'). Headquartered in Raleigh, N.C., First Citizens Bank has built a unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens offers an array of general banking services including a network of branches and offices nationwide; commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast; innovation banking serving businesses at every stage; personalized service and resources to help grow and manage wealth; and a nationwide direct bank. Discover more at FORWARD-LOOKING STATEMENTS This communication contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the financial condition, results of operations, business plans, asset quality, future performance, and other strategic goals of BancShares. Words such as 'anticipates,' 'believes,' 'estimates,' 'expects,' 'predicts,' 'forecasts,' 'intends,' 'plans,' 'projects,' 'targets,' 'designed,' 'could,' 'may,' 'should,' 'will,' 'potential,' 'continue,' 'aims' or other similar words and expressions are intended to identify these forward-looking statements. These forward-looking statements are based on BancShares' current expectations and assumptions regarding BancShares' business, the economy, and other future conditions. Because forward-looking statements relate to future results and occurrences, they are subject to inherent risks, uncertainties, changes in circumstances and other factors that are difficult to predict. Many possible events or factors could affect BancShares' future financial results and performance and could cause actual results, performance or achievements of BancShares to differ materially from any anticipated results expressed or implied by such forward-looking statements. Such risks and uncertainties include, among others, general competitive, economic (including the imposition of tariffs or trade barriers on trading partners), political (including the makeup of the U.S. Congress and Trump administration), geopolitical events (including conflicts in Ukraine and the Middle East), natural disasters and market conditions, including changes in competitive pressures among financial institutions and the impacts related to or resulting from previous bank failures, the risks and impacts of future bank failures and other volatility in the banking industry, public perceptions of our business practices, including our deposit pricing and acquisition activity, the financial success or changing conditions or strategies of BancShares' vendors or customers, including changes in demand for deposits, loans and other financial services, fluctuations in interest rates, changes in the quality or composition of BancShares' loan or investment portfolio, actions of government regulators, including interest rate decisions by the Board of Governors of the Federal Reserve Board (the 'Federal Reserve'), changes to estimates of future costs and benefits of actions taken by BancShares, BancShares' ability to maintain adequate sources of funding and liquidity, the potential impact of decisions by the Federal Reserve on BancShares' capital plans, adverse developments with respect to U.S. or global economic conditions, including significant turbulence in the capital or financial markets, the impact of any sustained or elevated inflationary environment, the impact of any cyberattack, information or security breach, the impact of implementation and compliance with current or proposed laws (including the 2025 U.S. budget reconciliation legislation), regulations and regulatory interpretations, including potential increased regulatory requirements, limitations, and costs, such as FDIC special assessments, increases to FDIC deposit insurance premiums and the proposed interagency rule on regulatory capital, along with the risk that such laws, regulations and regulatory interpretations may change, the availability of capital and personnel, and the risks associated with BancShares' previous acquisition transactions, including the acquisition of certain assets and liabilities of Silicon Valley Bridge Bank, N.A. and the previously completed merger with CIT Group Inc., or any future transactions. BancShares' 2024 SRP allows BancShares to repurchase shares of its Class A common stock through 2025. After completion of maximum repurchases under the 2024 SRP, BancShares' 2025 SRP allows BancShares to repurchase shares of its Class A common stock through 2026. BancShares is not obligated under the 2024 SRP or the 2025 SRP to repurchase any minimum or particular number of shares, and repurchases may be suspended or discontinued at any time (subject to the terms of any Rule 10b5-1 plan in effect) without prior notice. The authorizations to repurchase Class A common stock will be utilized at management's discretion. The actual timing and amount of Class A common stock that may be repurchased under the 2024 SRP or the 2025 SRP will depend on a number of factors, including the terms of any Rule 10b5-1 plan then in effect, price, general business and market conditions, regulatory requirements, and alternative investment opportunities or capital needs. Except to the extent required by applicable laws or regulations, BancShares disclaims any obligation to update forward-looking statements or to publicly announce the results of any revisions to any of the forward-looking statements included herein to reflect future events or developments. Additional factors which could affect the forward-looking statements can be found in BancShares' Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and its other filings with the SEC. NON-GAAP MEASURES Certain measures in this release, including those referenced as 'adjusted' or 'excluding PAA,' are 'non-GAAP,' meaning they are numerical measures of BancShares' financial performance, financial position or cash flows that are not presented in accordance with generally accepted accounting principles in the U.S. ('GAAP') because they exclude or include amounts or are adjusted in some way so as to be different than the most direct comparable measures calculated and presented in accordance with GAAP in BancShares' statements of income, balance sheets or statements of cash flows and also are not codified in U.S. banking regulations currently applicable to BancShares. BancShares management believes that non-GAAP financial measures, when reviewed in conjunction with GAAP financial information, can provide transparency about or an alternative means of assessing its operating results, financial position or cash flows to its investors, analysts and management. These non-GAAP measures should be considered in addition to, and not superior to or a substitute for, GAAP measures. Each non-GAAP measure is reconciled to the most comparable GAAP measure in the non-GAAP reconciliation. This information can be found in the Financial Supplement located in the Quarterly Results section of our website at Contact: Deanna Hart Angela English Investor Relations Corporate Communications 919-716-2137 803-931-1854
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ONEMAIN HOLDINGS, INC. REPORTS SECOND QUARTER 2025 RESULTS
2Q 2025 Diluted EPS of $1.40 2Q 2025 C&I adjusted diluted EPS of $1.45 2Q 2025 Managed receivables of $25.2 billion Declared quarterly dividend of $1.04 per share NEW YORK, July 25, 2025 /PRNewswire/ — OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today reported pretax income of $214 million and net income of $167 million for the second quarter of 2025, compared to $92 million and $71 million, respectively, in the prior year quarter. Earnings per diluted share were $1.40 in the second quarter of 2025, compared to $0.59 in the prior year quarter. On July 25, 2025, OneMain declared a quarterly dividend of $1.04 per share, payable on August 13, 2025, to record holders of the Company's common stock as of the close of business on August 4, 2025. During the quarter, the Company repurchased approximately 460 thousand shares of common stock for $21 million. 'OneMain's strong financial results in the first half of 2025 reflect the strength of our business model and our disciplined approach to underwriting,' said Doug Shulman, Chairman and CEO of OneMain. 'With solid growth in high-quality originations, continued credit improvement, disciplined balance sheet management and execution of our strategic initiatives, we continue to create shareholder value.' The following segment results are reported on a non-GAAP basis. Refer to the required reconciliations of non-GAAP to comparable GAAP measures at the end of this press release. Consumer and Insurance Segment ('C&I') C&I adjusted pretax income was $231 million and adjusted net income was $173 million for the second quarter of 2025, compared to $163 million and $122 million, respectively, in the prior year quarter. Adjusted earnings per diluted share were $1.45 for the second quarter of 2025, compared to $1.02 in the prior year quarter. Management runs the business based on capital generation, which it defines as C&I adjusted net income excluding the after-tax change in C&I allowance for finance receivable losses while still considering the current period C&I net charge-offs. Capital generation was $222 million for the second quarter 2025, compared to $136 million in the prior year quarter. The increase was driven by receivable growth and improved credit performance in the current quarter compared to the prior year period. Managed receivables, which includes loans serviced for our whole loan sale partners and auto finance loans originated by third parties, were $25.2 billion at June 30, 2025, up 7% from $23.7 billion at June 30, 2024. Consumer loan originations totaled $3.9 billion in the second quarter of 2025, up 9% from $3.6 billion in the prior year quarter. Total revenue, comprising interest income and total other revenue, was $1.5 billion in the second quarter of 2025, up 10% from $1.4 billion in the prior year quarter. Interest income in the second quarter of 2025 was $1.3 billion, up 10% from $1.2 billion in the prior year quarter. The increase was driven by receivable growth and improved portfolio yield. Interest expense was $317 million in the second quarter of 2025, up 7% from $295 million in the prior year quarter, due to an increase in average debt to support our receivables growth and a higher average cost of funds. The provision for finance receivable losses was $511 million in the second quarter of 2025, down $4 million compared to the prior year period. During the second quarter of 2025, the allowance for finance receivable losses increased $65 million driven by growth in receivables. C&I Select Delinquency and Loss Ratios June 30, 2025 March 31, 2025 June 30, 2024 Consumer loans: 30+ days delinquency ratio 5.17 % 5.16 % 5.45 % 90+ days delinquency ratio 2.12 % 2.38 % 2.33 % 30-89 days delinquency ratio 3.05 % 2.77 % 3.13 % Net charge-offs 7.19 % 7.83 % 8.29 % Operating expense for the second quarter of 2025 was $415 million, up 11% from $374 million in the prior year quarter reflecting receivable growth and our strategic investments in the business. Funding and Liquidity As of June 30, 2025, the Company had principal debt balances outstanding of $22.4 billion, 57% of which was secured. The Company had $769 million of cash and cash equivalents, which included $185 million of cash and cash equivalents held at regulated insurance subsidiaries or for other operating activities that are unavailable for general corporate purposes. Cash and cash equivalents, together with the Company's $1.1 billion of undrawn committed capacity from an unsecured corporate revolver, $6.4 billion of undrawn committed capacity under revolving conduit facilities and credit card variable funding note facilities, and $9.7 billion of unencumbered receivables, provides significant liquidity resources. Conference Call & Webcast Information OneMain management will host a conference call and webcast to discuss the Company's results, outlook, and related matters at 9:00 am Eastern Time on Friday, July 25, 2025. Both the call and webcast are open to the general public. The general public is invited to listen to the call by dialing 800-579-2568 (U.S. domestic) or 785-424-1222 (international), and using conference ID 67083, or via a live audio webcast through OneMain's investor relations website at For those unable to listen to the live broadcast, a replay will be available on the website after the event. An investor presentation will be available on the OneMain's investor relations website prior to the start of the conference call. About OneMain Holdings, Inc. OneMain Financial (NYSE: OMF) is the leader in offering nonprime consumers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. We empower our customers to solve today's problems and reach a better financial future through personalized solutions across 47 states, available online and in 1,300 locations. OneMain is committed to making a positive impact on the people and the communities we serve. For additional information, please visit Use of Non-GAAP Financial Measures We report the operating results of Consumer and Insurance using the Segment Accounting Basis, which (i) reflects our allocation methodologies for interest expense and operating costs, to reflect the manner in which we assess our business results and (ii) excludes the impact of applying purchase accounting (eliminates premiums/discounts on our finance receivables and long-term debt at acquisition, as well as the amortization/accretion in future periods). Consumer and Insurance adjusted pretax income (loss), Consumer and Insurance adjusted net income (loss), and Consumer and Insurance adjusted earnings (loss) per diluted share are key performance measures used to evaluate the performance of our business. Consumer and Insurance adjusted pretax income (loss) represents income (loss) before income taxes on a Segment Accounting Basis and excludes net loss resulting from repurchases and repayments of debt, restructuring charges, acquisition-related transaction and integration expenses, regulatory settlements, and strategic activities and other items. We believe these non-GAAP financial measures are useful in assessing the profitability of our segment. We also use pretax capital generation and capital generation, non-GAAP financial measures, as a key performance measure of our segment. Pretax capital generation represents Consumer and Insurance adjusted pretax income, as discussed above, and excludes the change in our Consumer and Insurance allowance for finance receivable losses in the period while still considering the Consumer and Insurance net charge-offs incurred during the period. Capital generation represents the after-tax effect of pretax capital generation. We believe that these non-GAAP measures are useful in assessing the capital created in the period impacting the overall capital adequacy of the Company. We believe that the Company's reserves, combined with its equity, represent the Company's loss absorption capacity. We utilize these non-GAAP measures in evaluating our performance. Additionally, these non-GAAP measures are consistent with the performance goals established in OMH's executive compensation program. These non-GAAP financial measures should be considered supplemental to, but not as a substitute for or superior to, income (loss) before income taxes, net income, or other measures of financial performance prepared in accordance with GAAP. This document contains summarized information concerning the Company and its business, operations, financial performance and trends. No representation is made that the information in this document is complete. For additional financial, statistical and business related information see the Company's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission (the 'SEC'), as well as the Company's other reports filed with the SEC from time to time, which are or will be available in the Investor Relations section of the OneMain Financial website ( and the SEC's website ( Cautionary Note Regarding Forward-Looking StatementsThis document contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. Statements preceded by, followed by or that otherwise include the words 'anticipates,' 'appears,' 'assumes,' 'believes,' 'can,' 'continues,' 'could,' 'estimates,' 'expects,' 'forecasts,' 'foresees,' 'goal,' 'intends,' 'likely,' 'objective,' 'plans,' 'projects,' 'target,' 'trend,' 'remains,' and similar expressions or future or conditional verbs such as 'could,' 'may,' 'might,' 'should,' 'will' or 'would' are intended to identify forward-looking statements, but these words are not the exclusive means of identifying forward-looking statements. Forward-looking statements are not statements of historical fact but instead represent only management's current beliefs regarding future events, objectives, goals, projections, strategies, performance, and future plans, and underlying assumptions and other statements related thereto. You should not place undue reliance on these forward-looking statements. By their nature, forward-looking statements are subject to risks, uncertainties, assumptions and other important factors that may cause actual results, performance or achievements to differ materially from those expressed in or implied by such forward-looking statements. Important factors that could cause actual results, performance, or achievements to differ materially from those expressed in or implied by forward-looking statements include, without limitation, the following: adverse changes and volatility in general economic conditions, including the interest rate environment and the financial markets; the sufficiency of our allowance for finance receivable losses; increased levels of unemployment and personal bankruptcies; the current inflationary environment and related trends affecting our customers; natural or accidental events such as earthquakes, hurricanes, pandemics, floods or wildfires affecting our customers, collateral, or our facilities; a failure in or breach of our information, operational or security systems or infrastructure or those of third parties, including as a result of cyber incidents, war or other disruptions; the adequacy of our credit risk scoring models; geopolitical risks, including recent geopolitical actions outside the U.S.; adverse changes in our ability to attract and retain employees or key executives; increased competition or adverse changes in customer responsiveness to our distribution channels or products; changes in federal, state, or local laws, regulations, or regulatory policies and practices or increased regulatory scrutiny of our business or industry; risks associated with our insurance operations; the costs and effects of any actual or alleged violations of any federal, state, or local laws, rules or regulations; the costs and effects of any fines, penalties, judgments, decrees, orders, inquiries, investigations, subpoenas, or enforcement or other proceedings of any governmental or quasi-governmental agency or authority; our substantial indebtedness and our continued ability to access the capital markets and maintain adequate current sources of funds to satisfy our cash flow requirements; our ability to comply with all of our covenants; the effects of any downgrade of our debt ratings by credit rating agencies; and other risks and uncertainties described in the 'Risk Factors' and 'Management's Discussion and Analysis' sections of the Company's most recent Form 10-K filed with the SEC and in the Company's other filings with the SEC from time to time. If one or more of these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, our actual results may vary materially from what we may have expressed or implied by these forward-looking statements. You should specifically consider the factors identified in this document that could cause actual results to differ before making an investment decision to purchase our securities. Furthermore, new risks and uncertainties arise from time to time, and it is impossible for us to predict those events or how they may affect us. Forward looking statements included in this document speak only as of the date on which they were made. We undertake no obligation to update or revise any forward-looking statements, whether written or oral, to reflect events or circumstances after the date of this document or to reflect the occurrence of unanticipated events or the non-occurrence of anticipated events, whether as a result of new information, future developments or otherwise, except as required by law. OneMain Holdings, Inc. CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) Quarter Ended Fiscal Year (unaudited, $ in millions, except per share amounts) Jun 30,2025 Mar 31,2025 Dec 31,2024 Sep 30,2024 Jun 30,2024 2024 2023 Interest income $ 1,339 $ 1,308 $ 1,320 $ 1,282 $ 1,219 $ 4,993 $ 4,564 Interest expense (317) (312) (311) (301) (297) (1,185) (1,019) Net interest income 1,022 996 1,009 981 922 3,808 3,545 Provision for finance receivable losses (511) (456) (523) (512) (575) (2,040) (1,721) Net interest income after provision for finance receivable losses 511 540 486 469 347 1,768 1,824 Insurance 111 110 111 111 111 445 448 Investment 24 26 21 24 30 108 116 Gain on sales of finance receivables 17 16 5 6 6 23 52 Net loss on repurchases and repayments of debt (21) (5) (19) (1) (12) (34) — Other 45 41 42 42 39 153 119 Total other revenues 176 188 160 182 174 695 735 Operating expenses (419) (404) (433) (401) (382) (1,607) (1,530) Insurance policy benefits and claims (54) (49) (49) (43) (47) (189) (189) Total other expenses (473) (453) (482) (444) (429) (1,796) (1,719) Income before income taxes 214 275 164 207 92 667 840 Income taxes (47) (62) (38) (50) (21) (158) (199) Net income $ 167 $ 213 $ 126 $ 157 $ 71 $ 509 $ 641 Weighted average number of diluted shares 119.4 120.0 119.9 120.1 120.2 120.1 120.6 Diluted EPS $ 1.40 $ 1.78 $ 1.05 $ 1.31 $ 0.59 $ 4.24 $ 5.32 Book value per basic share $ 27.99 $ 27.50 $ 26.74 $ 26.87 $ 26.33 $ 26.74 $ 26.60 Return on assets 2.5 % 3.3 % 1.9 % 2.5 % 1.1 % 2.0 % 2.7 % Change in allowance for finance receivable losses $ (66) $ 17 $ (60) $ (81) $ (79) $ (194) $ (185) Net charge-offs (445) (473) (463) (431) (496) (1,846) (1,536) Provision for finance receivable losses $ (511) $ (456) $ (523) $ (512) $ (575) $ (2,040) $ (1,721) Note: Quarters may not sum to fiscal year due to rounding. OneMain Holdings, Inc. CONSOLIDATED BALANCE SHEETS (UNAUDITED) As of (unaudited, $ in millions) Jun 30,2025 Mar 31,2025 Dec 31,2024 Sep 30,2024 Jun 30,2024 Assets Cash and cash equivalents $ 769 $ 627 $ 458 $ 577 $ 667 Investment securities 1,683 1,670 1,607 1,581 1,681 Net finance receivables 23,870 23,328 23,554 23,075 22,365 Unearned insurance premium and claim reserves (764) (747) (766) (765) (753) Allowance for finance receivable losses (2,754) (2,688) (2,705) (2,645) (2,564) Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses 20,352 19,893 20,083 19,665 19,048 Restricted cash and restricted cash equivalents 742 736 684 693 630 Goodwill 1,474 1,474 1,474 1,474 1,474 Other intangible assets 285 285 286 288 289 Other assets 1,323 1,344 1,318 1,300 1,296 Total assets $ 26,628 $ 26,029 $ 25,910 $ 25,578 $ 25,085 Liabilities and Shareholders' Equity Long-term debt $ 22,053 $ 21,494 $ 21,438 $ 21,137 $ 20,671 Insurance claims and policyholder liabilities 579 567 575 597 594 Deferred and accrued taxes 18 19 20 29 10 Other liabilities 652 669 686 607 657 Total liabilities 23,302 22,749 22,719 22,370 21,932 Common stock 1 1 1 1 1 Additional paid-in capital 1,745 1,734 1,734 1,728 1,723 Accumulated other comprehensive loss (51) (65) (81) (59) (95) Retained earnings 2,425 2,384 2,296 2,295 2,263 Treasury stock (794) (774) (759) (757) (739) Total shareholders' equity 3,326 3,280 3,191 3,208 3,153 Total liabilities and shareholders' equity $ 26,628 $ 26,029 $ 25,910 $ 25,578 $ 25,085 OneMain Holdings, Inc. CONSOLIDATED KEY FINANCIAL METRICS (UNAUDITED) As of (unaudited, $ in millions) Jun 30,2025 Mar 31,2025 Dec 31,2024 Sep 30,2024 Jun 30,2024 Liquidity Cash and cash equivalents $ 769 $ 627 $ 458 $ 577 $ 667 Cash and cash equivalents unavailable for general corporate purposes 185 139 123 266 211 Unencumbered receivables 9,709 10,163 9,738 9,017 8,060 Undrawn conduit facilities 5,999 5,999 5,999 6,749 6,399 Undrawn corporate revolver 1,125 1,125 1,125 1,125 1,325 Private secured term funding available — 725 — — — Undrawn credit card revolving variable funding note facilities 400 400 300 300 300 Drawn conduit facilities 1 1 1 176 1 Net adjusted debt $ 21,297 $ 20,833 $ 20,931 $ 20,653 $ 20,043 Total Shareholders' equity $ 3,326 $ 3,280 $ 3,191 $ 3,208 $ 3,153 Accumulated other comprehensive loss 51 65 81 59 95 Goodwill (1,474) (1,474) (1,474) (1,474) (1,474) Other intangible assets (285) (285) (286) (288) (289) Junior subordinated debt 172 172 172 172 172 Adjusted tangible common equity 1,790 1,758 1,684 1,677 1,657 Allowance for finance receivable losses, net of tax * 2,065 2,016 2,029 1,984 1,923 Adjusted capital $ 3,855 $ 3,774 $ 3,713 $ 3,661 $ 3,580 Net leverage (net adjusted debt to adjusted capital) 5.5x 5.5x 5.6x 5.6x 5.6x * Income taxes assume a 25% tax rate. OneMain Holdings, Inc. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (UNAUDITED) Quarter Ended Fiscal Year (unaudited, $ in millions) Jun 30,2025 Mar 31,2025 Dec 31,2024 Sep 30,2024 Jun 30,2024 2024 2023 Consumer & Insurance $ 211 $ 270 $ 159 $ 200 $ 145 $ 707 $ 845 Other (1) 1 (1) — — (1) (6) Segment to GAAP adjustment 4 4 6 7 (53) (39) 1 Income before income taxes – GAAP basis $ 214 $ 275 $ 164 $ 207 $ 92 $ 667 $ 840 Consumer & Insurance pretax income $ 211 $ 270 $ 159 $ 200 $ 145 $ 707 $ 845 Net loss on repurchases and repayments of debt 20 5 19 — 12 33 — Restructuring charges — — 1 1 — 29 — Acquisition-related transaction and integration expenses — — 5 1 2 9 — Regulatory settlements — — — — — — 26 Other (1) — — 1 — 4 4 3 Consumer & Insurance adjusted pretax income (non-GAAP) $ 231 $ 275 $ 185 $ 202 $ 163 $ 782 $ 874 Reconciling items (2) $ (16) $ (1) $ (20) $ 5 $ (71) $ (114) $ (28) Consumer & Insurance $ 23,901 $ 23,365 $ 23,598 $ 23,128 $ 22,428 $ 23,598 $ 21,349 Segment to GAAP adjustment (31) (37) (44) (53) (63) (44) — Net finance receivables – GAAP basis $ 23,870 $ 23,328 $ 23,554 $ 23,075 $ 22,365 $ 23,554 $ 21,349 Consumer & Insurance $ 2,758 $ 2,693 $ 2,710 $ 2,651 $ 2,571 $ 2,710 $ 2,480 Segment to GAAP adjustment (4) (5) (5) (6) (7) (5) — Allowance for finance receivable losses – GAAP basis $ 2,754 $ 2,688 $ 2,705 $ 2,645 $ 2,564 $ 2,705 $ 2,480 Note: Quarters may not sum to fiscal year due to rounding. (1) Includes strategic activities and other items. (2) Reconciling items consist of Segment to GAAP adjustment and the adjustments to Pretax income – segment accounting basis for C&I and Other. The adjustments to Other adjusted pretax income (loss) are not disclosed in the table above due to immateriality. OneMain Holdings, Inc. CONSUMER & INSURANCE SEGMENT (UNAUDITED) (Non-GAAP) Quarter Ended Fiscal Year (unaudited, in millions, except per share amounts) Jun 30,2025 Mar 31,2025 Dec 31,2024 Sep 30,2024 Jun 30,2024 2024 2023 Interest income $ 1,333 $ 1,301 $ 1,312 $ 1,271 $ 1,210 $ 4,965 $ 4,559 Interest expense (317) (311) (310) (299) (295) (1,181) (1,015) Net interest income 1,016 990 1,002 972 915 3,784 3,544 Provision for finance receivable losses (511) (456) (523) (512) (515) (1,981) (1,721) Net interest income after provision for finance receivable losses 505 534 479 460 400 1,803 1,823 Insurance 111 110 111 111 111 445 448 Investment 24 26 21 24 30 108 116 Gain on sales of finance receivables 17 16 5 6 6 23 52 Other 43 39 40 40 37 146 111 Total other revenues 195 191 177 181 184 722 727 Operating expenses (415) (401) (422) (396) (374) (1,554) (1,487) Insurance policy benefits and claims (54) (49) (49) (43) (47) (189) (189) Total other expenses (469) (450) (471) (439) (421) (1,743) (1,676) Adjusted pretax income (non-GAAP) 231 275 185 202 163 782 874 Income taxes * (58) (68) (46) (51) (41) (195) (219) Adjusted net income (non-GAAP) $ 173 $ 207 $ 139 $ 151 $ 122 $ 587 $ 655 Weighted average number of diluted shares 119.4 120.0 119.9 120.1 120.2 120.1 120.6 C&I adjusted diluted EPS $ 1.45 $ 1.72 $ 1.16 $ 1.26 $ 1.02 $ 4.89 $ 5.43 Note: Quarters may not sum to fiscal year due to rounding. * Income taxes assume a 25% tax rate. OneMain Holdings, Inc. CONSUMER & INSURANCE SEGMENT METRICS (UNAUDITED) Quarter Ended Fiscal Year (unaudited, $ in millions) Jun 30,2025 Mar 31,2025 Dec 31,2024 Sep 30,2024 Jun 30,2024 2024 2023 Net finance receivables – personal loans $ 20,814 $ 20,469 $ 20,833 $ 20,569 $ 20,073 $ 20,833 $ 20,274 Net finance receivables – auto finance 2,335 2,220 2,122 2,009 1,889 2,122 745 Net finance receivables – consumer loans 23,149 22,689 22,955 22,578 21,962 22,955 21,019 Net finance receivables – credit cards 752 676 643 550 466 643 330 Net finance receivables $ 23,901 $ 23,365 $ 23,598 $ 23,128 $ 22,428 $ 23,598 $ 21,349 Allowance for finance receivable losses $ 2,758 $ 2,693 $ 2,710 $ 2,651 $ 2,571 $ 2,710 $ 2,480 Allowance ratio 11.54 % 11.52 % 11.48 % 11.46 % 11.46 % 11.48 % 11.62 % Net finance receivables 23,901 23,365 23,598 23,128 22,428 23,598 21,349 Finance receivables serviced for our whole loan sale partners 1,316 1,232 1,141 1,191 1,229 1,141 882 Managed receivables $ 25,217 $ 24,597 $ 24,739 $ 24,319 $ 23,657 $ 24,739 $ 22,231 Average net finance receivables – personal loans $ 20,637 $ 20,660 $ 20,751 $ 20,396 $ 19,937 $ 20,301 $ 19,788 Average net finance receivables – auto finance 2,278 2,166 2,072 1,949 1,843 1,662 559 Average net finance receivables – consumer loans 22,915 22,826 22,823 22,345 21,780 21,963 20,347 Average net finance receivables – credit cards 719 668 599 515 430 477 181 Average net receivables 23,634 23,494 23,422 22,860 22,210 22,440 20,528 Average receivables serviced for our whole loan sale partners 1,285 1,196 1,174 1,218 1,195 1,113 852 Average managed receivables $ 24,919 $ 24,690 $ 24,596 $ 24,078 $ 23,405 $ 23,553 $ 21,380 OneMain Holdings, Inc. CONSUMER & INSURANCE KEY METRICS (UNAUDITED) (Non-GAAP) Quarter Ended Fiscal Year (unaudited, in millions) Jun 30,2025 Mar 31,2025 Dec 31,2024 Sep 30,2024 Jun 30,2024 2024 2023 Adjusted pretax income (non-GAAP) $ 231 $ 275 $ 185 $ 202 $ 163 $ 782 $ 874 Provision for finance receivable losses 511 456 523 512 515 1,981 1,721 Net charge-offs (446) (473) (464) (432) (496) (1,849) (1,536) Change in C&I allowance for finance receivable losses (non-GAAP) 65 (17) 59 80 19 132 185 Pretax capital generation (non-GAAP) 296 258 244 282 182 914 1,059 Capital generation, net of tax* (non-GAAP) $ 222 $ 194 $ 183 $ 211 $ 136 $ 685 $ 794 C&I average net receivables $ 23,634 $ 23,494 $ 23,422 $ 22,860 $ 22,210 $ 22,440 $ 20,528 Capital generation return on receivables (non-GAAP) 3.8 % 3.3 % 3.1 % 3.7 % 2.9 % 3.1 % 3.9 % Note: Consumer & Insurance financial information is presented on an adjusted Segment Accounting Basis. Amounts may not sum to fiscal year due to rounding. * Income taxes assume a 25% rate. OneMain Holdings, Inc. CONSUMER & INSURANCE CONSUMER LOANS METRICS (UNAUDITED) Quarter Ended Fiscal Year (unaudited, $ in millions) Jun 30,2025 Mar 31,2025 Dec 31,2024 Sep 30,2024 Jun 30,2024 2024 2023 Gross charge-offs $ 496 $ 525 $ 514 $ 490 $ 553 $ 2,080 $ 1,768 Recoveries (85) (85) (76) (78) (75) (307) (258) Net charge-offs $ 411 $ 440 $ 438 $ 412 $ 478 $ 1,773 $ 1,510 Gross charge-off ratio 8.68 % 9.34 % 8.96 % 8.72 % 9.68 % 9.34 % 8.69 % Recovery ratio (1.49 %) (1.52 %) (1.33 %) (1.39 %) (1.39 %) (1.39 %) (1.27 %) Net charge-off ratio 7.19 % 7.83 % 7.63 % 7.33 % 8.29 % 7.94 % 7.42 % Average net receivables $ 22,915 $ 22,826 $ 22,823 $ 22,345 $ 21,780 $ 21,963 $ 20,346 Yield 22.6 % 22.4 % 22.2 % 22.1 % 21.9 % 22.1 % 22.2 % Origination volume $ 3,907 $ 3,022 $ 3,504 $ 3,712 $ 3,582 $ 13,321 $ 12,851 30+ delinquency $ 1,197 $ 1,170 $ 1,322 $ 1,272 $ 1,198 $ 1,322 $ 1,294 90+ delinquency $ 491 $ 540 $ 579 $ 562 $ 511 $ 579 $ 605 30-89 delinquency $ 706 $ 630 $ 743 $ 710 $ 687 $ 743 $ 689 30+ delinquency ratio 5.17 % 5.16 % 5.76 % 5.63 % 5.45 % 5.76 % 6.16 % 90+ delinquency ratio 2.12 % 2.38 % 2.52 % 2.49 % 2.33 % 2.52 % 2.88 % 30-89 delinquency ratio 3.05 % 2.77 % 3.24 % 3.14 % 3.13 % 3.24 % 3.28 % Note: Consumer & Insurance financial information is presented on a Segment Accounting Basis. Delinquency ratios are calculated as a percentage of C&I consumer loan net finance receivables. Amounts may not sum due to rounding. Defined Terms Adjusted capital: adjusted tangible common equity + allowance for finance receivable losses (ALLL), net of tax Adjusted tangible common equity (TCE): total shareholders' equity – accumulated other comprehensive loss – goodwill – other intangible assets + junior subordinated debt Auto finance: financing at the point of purchase through a network of auto dealerships Available cash and cash equivalents: cash and cash equivalents – cash and cash equivalents held at our regulated insurance subsidiaries or is unavailable for general corporate purposes Average assets: average of monthly average assets (assets at the beginning and end of each month divided by two) in the period Average managed receivables: C&I average net receivables + average receivables serviced for our whole loan sale partners C&I adjusted diluted EPS: C&I adjusted net income (non-GAAP) / weighted average diluted shares Capital generation: C&I adjusted net income – change in C&I allowance for finance receivable losses, net of tax Capital generation return on receivables*: annualized capital generation / C&I average net receivables Consumer loans: personal loans and auto finance Finance receivables serviced for our whole loan sale partners: unpaid principal balance plus accrued interest of loans sold as part of our whole loan sale program Gross charge-off ratio*: annualized gross charge-offs / average net receivables Managed receivables: C&I net finance receivables + finance receivables serviced for our whole loan sale partners + auto finance loans originated by third parties Net adjusted debt: long-term debt – junior subordinated debt – available cash and cash equivalents Net charge-off ratio*: annualized net charge-offs / average net receivables Net leverage: net adjusted debt / adjusted capital Opex ratio: annualized C&I operating expenses / average managed receivables Origination volume: loans originated during the period, including those originated and sold to our whole loan sale partners that we continue to service Other net revenue: other revenues – insurance policy benefits and claims expense Personal loans: loans secured by titled collateral or unsecured and offered through our branch network, central operations, or digital platform Pretax capital generation: C&I pretax adjusted net income – change in C&I allowance for finance receivable losses Purchase volume: credit card purchase transactions + cash advances – returns Return on assets (ROA): annualized net income / average total assets Return on receivables (C&I ROR): annualized C&I adjusted net income / C&I average net receivables Total revenue: C&I interest income + C&I total other revenue Unencumbered receivables: unencumbered unpaid principal balance of consumer loans and credit cards. For precompute personal loans, unpaid principal balance is the gross contractual payments less the unaccreted balance of unearned finance charges. Credit card receivables include those in the trust that exceed the minimum for securing advances under credit card variable funding note facilities, which the Company can remove from the trust under the terms of such facilities, and exclude billed interest, fees, and closed accounts with balances * 2Q24 and fiscal year 2024 adjusted for policy alignment associated with the Foursight acquisition. OneMain Holdings, Inc. Investor Contact:Peter R. Poillon, Media Contact:Kelly Ogburn,
Malaysian Reserve
2 hours ago
- Malaysian Reserve
Infinix HOT 60 Pro+ Officially Launches, Setting a New Global Record for the World's Slimmest 3D-Curved Screen Phone
HONG KONG, July 25, 2025 /PRNewswire/ — Infinix today unveiled its latest HOT 60 Series lineup, including the HOT 60 Pro+, HOT 60 Pro, HOT 60 5G, and HOT 60i. Leading the series, the Infinix HOT 60 Pro+ redefines slim smartphone design with a groundbreaking 5.95mm ultra-slim body, setting a new global benchmark as the world's slimmest 3D-curved screen phone. The HOT 60 Pro+ goes beyond ultra-slim aesthetics, delivering comprehensive upgrades in functionality, performance, thermal efficiency, and durability. As the latest achievement of Infinix's continuous innovation, the HOT Series represents a next-generation tech-fashion icon designed to meet the needs of young consumers worldwide. World's Slimmest 3D-Curved Screen Phone: HOT 60 Pro+ Breaks New Boundaries in Slim Design Measuring just 5.95mm, the HOT 60 Pro+ redefines global standards for 3D-curved screen smartphones. Infinix's proprietary ultra-slim engineering overcomes conventional structural and battery limitations. Compared to the previous generation, thickness is reduced by 12.5% and weight by 4.3%, while integrating a higher-capacity fast-charging battery—all within a lightweight 155g body. A Maximized Structured Space Design, achieved through a distributed flat architecture, enhances internal efficiency and supports precision structural engineering. Ten critical components — including the SIM tray, speakers, and Type-C port, are custom-engineered to maintain full functionality without compromising the device's ultra-slim profile. The battery cover features one of the industry's first ultra-thin fiberglass back panel, enhanced by Infinix's pioneering OMR (Out-Mold Decoration) process. This advanced multi-layer structure reduces thickness by 20% compared to conventional 0.45mm solutions, while offering superior hardness and exceptional flex resistance. Durability is further strengthened by an Aerospace-Grade Aluminum mid-frame with reinforced structural corners. The 3D-curved display is protected by ultra-thin Corning® Gorilla® Glass 7i, offering improved scratch resistance and drop protection. These innovations deliver 1.4 times better bend resistance than the previous generation. The HOT 60 Pro+ has successfully passed Infinix's most rigorous 1.5-meter directional drop tests, achieving an unprecedented balance of slimness, strength, and reliability. Color-Pop Design with Refined Attention to Detail Rooted in self-expression, the HOT 60 Series introduces over 10 dynamic color options inspired by nature's vibrant tones. The hero color, Coral Tides, features a striking red-blue gradient, evoking the iconic contrast of Komodo Island's blue waves against pink shores. The Scent Weave Leather Special Edition features four variants blending premium textures with infused fragrance, offering a surprising, multisensory experience for style-focused young users. Building on the HOT Series' signature sugar-cube inspired camera design, the HOT 60 Pro+ introduces a floating camera module that visually separates from the back panel, creating a refined, three-dimensional effect. Seamlessly integrated Active Halo Lighting adds minimalist, futuristic flair. The HOT 60 Pro and HOT 60 5G further elevate design precision with metallic accent rings and bold contrasting trims, reflecting the vibrant One-Tap AI buttons for a cohesive visual experience. Infinix's attention to detail extends to the device's overall form. The HOT 60 Series adopts smooth R-curved corner design precisely matched to the camera arc, creating a more harmonious silhouette and enhanced in-hand comfort. These refinements reimagine the HOT design DNA with bold aesthetics and youthful vitality. 5160mAh High-Capacity Battery with 45W FastCharge The Infinix HOT 60 Pro+ and HOT 60 Pro are equipped with a 5160mAh ultra-thin battery featuring industry-leading non-silicon-doped technology. The battery offers increased capacity, higher energy density, and ranks among the thinnest of its kind in non-silicon smartphone batteries. With an energy density of 810Wh/L—the highest in Infinix's history, it delivers 1.08 times more usable energy compared to the previous generation. The battery also supports a higher number of charge cycles and offers a longer lifespan, extending usage time by up to 20%. After 1,800 charging cycles, lab simulations show battery health remains at 80% or above, ensuring consistent performance over time. Both models have been upgraded to 45W FastCharge. In Hyper Mode[1], the HOT 60 Pro+ charges from 1% to 50% in just 23 minutes, and reaches a full charge in 55 minutes—12.7% faster than the previous 33W fast charging. Slim Yet Powerful: Comprehensive Performance Upgrades Despite its ultra-slim profile, the HOT 60 Pro+ delivers significant upgrades in imaging, performance, and thermal management. The rear camera features a 50MP SONY IMX882 ultra-sensitive sensor, delivering exceptional clarity and significantly improved low-light performance. Infinix's latest AI RAW image processing enhances detail, color accuracy, and night photography. Full-pixel autofocus and 2X lossless zoom provide professional-grade shooting versatility. The Infinix HOT 60 Pro+ and HOT 60 Pro are the first to debut the MediaTek Helio G200 chipset, combining MediaTek's advanced technology with exclusive Infinix optimizations to ensure high-speed, smooth, and long-lasting performance. HOT 60 Pro+ also features Infinix's most advanced cooling system to date, with 11 layers of thermal materials and a further 220mm² increase in industry-leading ultra-conductive crystal graphite. This powerful design improves heat dissipation by 8% and reduces chipset temperatures by up to 5°C, making HOT 60 Pro+ not only the thinnest in the HOT Series but also the most capable in thermal performance. The device features ultra-slim 0.88mm bottom bezels for immersive visuals. The AMOLED display supports a 144Hz refresh rate, 1.5K physical resolution, in-display fingerprint unlock, and peak brightness of 4500 nits for clarity even under direct sunlight. AI Eye Comfort includes both Gaming Eye Comfort to reduce eye strain during gameplay and Sleep Aid Mode to ease visual fatigue in daily use, helping provide a more comfortable and healthier viewing experience throughout the day. Smarter AI Designed for Young Users, with Refreshed XOS System All HOT 60 Series models feature Folax—Infinix's intelligent cross-app AI assistant—accessible via a dedicated AI key for smart, seamless interactions. Exclusive AI features include AI Vogue Portraits for the HOT 60 Pro+, HOT 60 Pro, and HOT 60 5G, combining user photos with dynamic visual effects across lock screens and always-on displays. AI Image Extender and upgraded AI Eraser tools offer high-quality, effortless editing. The latest XOS 15.1.1 system delivers a refreshed user interface with updated icons, wallpapers, and always-on displays—designed for youthful, trend-conscious users. The HOT 60 Pro+ and HOT 60 Pro support three major Android version upgrades, from Android 15 to Android 18, along with five years of security patch updates to ensure a reliable and long-lasting software experience. Additionally, the HOT 60 Pro+, HOT 60 Pro, and HOT 60 5G have all received TÜV SÜD's 60-Month Fluency A-Level Certification, ensuring smooth performance even after extended use. Effortless NFC Touch Transfer with UltraLink Free Call: Expanding Everyday Possibilities The HOT 60 Series supports effortless file transfers via NFC, enabling seamless cross-device collaboration. With NFC Touch Transfer[2], users can instantly share content with a simple tap, significantly enhancing the speed and convenience of data sharing between compatible devices. The HOT 60 Pro+ introduces UltraLink Free Call, allowing two-way calling and messaging over bluetooth at distances of up to 1.5km in open environments. Ideal for outdoor adventures, fieldwork, or emergencies, it ensures reliable communication even without conventional network coverage. All models in the HOT 60 Series are rated IP64 for dust and water resistance, while the HOT 60 Pro+ achieves an enhanced IP65 rating for superior protection. The HOT 60 Pro+ also features JBL-certified dual stereo speakers, delivering rich, immersive audio with precise tuning across bass, mid, and treble frequencies for an exceptional listening experience. Pricing and Availability Through relentless technical breakthroughs, the HOT 60 Pro+ achieves the perfect balance of ultra-slim design, powerful functionality, and elevated aesthetics, once again reflecting Infinix's solid foundation of technological strength and its brand vision of bold, cutting-edge innovation. The HOT 60 Series will be available globally starting July 25, with additional rollouts across various markets. The HOT 60 Pro+, starting at USD 150, features an ultra-slim 3D-curved display and delivers an elevated user experience that surpasses expectations. Pricing, promotions, and specifications may vary by market. Please note that this article mainly showcases the features of the HOT 60 Pro+. Different models may vary, so please refer to the relevant official website or sales information for details. Please note that all data comes from Infinix Laboratories. The testing data may vary slightly between different test versions and testing environments. About Infinix Established in 2013, Infinix is an innovation-driven brand dedicated to delivering cutting-edge technology, bold design, and outstanding performance. The brand provides smart, enjoyable mobile experiences that enhance everyday life. Beyond smartphones, Infinix has expanded its portfolio to include TWS earbuds, smartwatches, laptops, tablets, smart TVs, and more—building a comprehensive ecosystem of smart devices. Currently, Infinix products are available in over 70 countries and regions worldwide, including Africa, Latin America, the Middle East, South Asia, and Southeast Asia. For more information, please visit: [1] Availability of Hyper Mode Charging may vary by region. [2] NFC Touch Transfer: Instant file transfer is supported exclusively between compatible Infinix devices.
