Springleaf Holdings, LLC, through its subsidiaries, offers consumer finance and credit insurance products and services. The company provides non-real estate loans secured by consumer goods, automobiles, and other personal properties; unsecured lines of credit; retail sales financing; and real estate loans secured by first or second mortgages on residential real estate. It also offers non-conforming residential real estate loans originated or purchased through distribution channels. Additionally, the company writes and underwrites credit life, credit accident and health, credit related property and casualty, and credit involuntary unemployment insurance products; non-credit insurance products...
601 N.W. Second Street
Evansville, IN 47708
Founded in 1920
Springleaf Holdings Mulls Acquisitions
Nov 15 13
Springleaf Holdings, LLC (NYSE:LEAF) announced its third quarter ended September 30, 2013 results. Jay Levine, President and Chief Executive Officer said, "We continue to place great emphasis on our funding profile, and we're very pleased with the successful execution on recent capital markets activity, which has driven our funding costs lower. We believe Springleaf is well-positioned to continue to achieve profitable growth in our consumer finance business and to take advantage of portfolio acquisition opportunities over time, both of which we expect will drive long-term value for our shareholders."
Springleaf Holdings, LLC Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013
Nov 12 13
Springleaf Holdings, LLC reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported net interest income of $356,861,000 against $155,121,000 a year ago. Total other revenues were $12,133,000 against $25,717,000 a year ago. Loss before provision for (benefit from) income taxes was $90,488,000 against $68,782,000 a year ago. Net loss attributable to the company was $90,733,000 or $0.91 per basic and diluted share against $44,844,000 or $0.45 per basic and diluted share a year ago. Pretax core earnings were $72,903,000 against $33,662,000 a year ago. Post tax core earnings were $48,262,000 against $20,635,000 a year ago. Core Earnings Per Diluted Share (a non-GAAP measure) was $0.48 for the third quarter versus $0.21 in the prior year quarter.
For the nine months, the company reported net interest income of $881,569,000 against $459,161,000 a year ago. Total other revenues were $107,259,000 against $73,609,000 a year ago. Profit before provision for (benefit from) income taxes was $36,039,000 against loss before provision for (benefit from) income taxes of $210,269,000 a year ago. Net loss attributable to the company was $45,862,000 or $0.46 per basic and diluted share against $137,850,000 or $1.38 per basic and diluted share a year ago. Pretax core earnings were $237,649,000 against $72,821,000 a year ago. Post tax core earnings were $152,808,000 against $50,829,000 a year ago.
SPRINGLEAF Presents at 3rd Annual Securitization Finance Summit, Nov-13-2013 03:40 PM
Nov 10 13
SPRINGLEAF Presents at 3rd Annual Securitization Finance Summit, Nov-13-2013 03:40 PM. Venue: Helmsley Park Lane Hotel, 36 Central Park South, New York, New York, United States. Speakers: David Schulz, Treasurer.