12.11.2013 13:48:48

Springleaf Holdings Q3 Loss Widens - Quick Facts

(RTTNews) - Springleaf Holdings, Inc. (LEAF), a consumer finance company, Tuesday reported a wider loss for the third-quarter, that included $166 million pre-tax, of one-time charges related to the early retirement of debt and to non-cash compensation expenses associated with the company's initial public offering.

Net loss for the three-month period was $91 million or $0.91 per share, compared with $45 million or $0.45 loss per share last year. Excluding items, core net income was $48 million or $0.48 per share for the quarter.

Net interest income was $356.8 million, compared with $155.1 million a year ago. Net interest income after provision for finance receivable losses was $198.07 million, compared with $64.2 million a year earlier. Total other revenues reduced to $12.1 million, from prior year's $25.7 million. Total other expenses were $300.6 million, compared with $158.7 million a year before.

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