SPRINGLEAF FINANCE CORP Financial Statements (2026 and earlier)
Company Profile
| Business Address |
601 NW SECOND ST EVANSVILLE, IN 47708 |
| State of Incorp. | IN |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6141 - Personal Credit Institutions (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2019 MRQ | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 709 | 247 | 243 | 333 | 750 | 375 | |||
| Cash and cash equivalent | 663 | 244 | 240 | 321 | 750 | 375 | |||
| Short-term investments | 46 | 3 | 3 | 12 | |||||
| Receivables | 11 | ||||||||
| Income taxes receivable | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 21 | ||
| Total current assets: | 720 | 247 | 243 | 333 | 750 | 396 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 133 | 25 | 70 | 83 | 73 | 70 | |||
| Long-term investments and receivables | 1 | 1 | 1 | 1 | 1 | ||||
| Long-term investments | 1 | 1 | 1 | 1 | 1 | ||||
| Intangible assets, net (including goodwill) | 1,809 | 30 | 30 | 32 | 20 | 24 | |||
| Goodwill | 1,422 | ||||||||
| Intangible assets, net (excluding goodwill) | 387 | 30 | 30 | 32 | 20 | 24 | |||
| Total noncurrent assets: | 1,943 | 56 | 101 | 115 | 94 | 95 | |||
| Other undisclosed assets | 17,646 | 10,521 | 9,375 | 11,607 | 10,283 | 12,242 | |||
| TOTAL ASSETS: | 20,309 | 10,824 | 9,719 | 12,055 | 11,126 | 12,732 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 14 | 5 | 8 | ||||||
| Total current liabilities: | 14 | 5 | 8 | ||||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 0 | ||||||||
| Off-market lease, unfavorable | 0 | ||||||||
| Total noncurrent liabilities: | 0 | ||||||||
| Other undisclosed liabilities | 16,288 | 8,418 | 7,376 | 10,118 | 9,240 | 11,396 | |||
| Total liabilities: | 16,288 | 8,418 | 7,376 | 10,132 | 9,245 | 11,404 | |||
| Equity | |||||||||
| Equity, attributable to parent | 4,021 | 2,406 | 2,343 | 2,069 | 2,069 | 1,328 | |||
| Common stock | 5 | 5 | 5 | 5 | 5 | 5 | |||
| Additional paid in capital | 2,110 | 799 | 799 | 758 | 740 | 422 | |||
| Accumulated other comprehensive income (loss) | (34) | (7) | (24) | 3 | 28 | ||||
| Retained earnings | 1,940 | 1,602 | 1,546 | 1,330 | 1,321 | 873 | |||
| Equity, attributable to noncontrolling interest | (146) | (188) | |||||||
| Total equity: | 4,021 | 2,406 | 2,343 | 1,923 | 1,881 | 1,328 | |||
| TOTAL LIABILITIES AND EQUITY: | 20,309 | 10,824 | 9,719 | 12,055 | 11,126 | 12,732 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,635 | 1,228 | 1,443 | 1,604 | ||||
| Net investment income | 3,635 | 1,228 | 1,276 | 1,604 | ||||
| Cost of revenue | (1,235) | (380) | (384) | (433) | (76) | |||
| Provision for loan, lease, and other losses | (1,043) | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Policyholder benefits and claims incurred, net | (192) | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Financial services costs | ✕ | ✕ | (380) | (384) | (433) | (76) | ||
| Gross profit: | 2,400 | 848 | 1,059 | 1,171 | (76) | |||
| Operating expenses | (54) | (307) | (347) | (364) | (439) | (519) | ||
| Operating income (loss): | 2,346 | 541 | 712 | 807 | (515) | (519) | ||
| Nonoperating income | 66 | 28 | 31 | 49 | 741 | 29 | ||
| Investment income, nonoperating | 66 | 28 | 31 | 49 | 39 | 34 | ||
| Gains (losses) on sales of other real estate | 702 | (4) | ||||||
| Interest and debt expense | (876) | (545) | (573) | (667) | (66) | (42) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (893) | 169 | 176 | (45) | 596 | 396 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 643 | 193 | 346 | 144 | 756 | (136) | ||
| Other undisclosed income from continuing operations before income taxes | 53 | |||||||
| Income (loss) from continuing operations before income taxes: | 643 | 193 | 346 | 144 | 756 | (83) | ||
| Income tax expense (benefit) | (182) | (99) | (113) | (15) | (263) | 53 | ||
| Income (loss) from continuing operations: | 461 | 94 | 233 | 129 | 492 | (29) | ||
| Income (loss) before gain (loss) on sale of properties: | 461 | 94 | 233 | 129 | 492 | (29) | ||
| Other undisclosed net loss | (53) | |||||||
| Net income (loss): | 461 | 94 | 233 | 129 | 492 | (83) | ||
| Net loss attributable to noncontrolling interest | (28) | (44) | ||||||
| Other undisclosed net income attributable to parent | 44 | |||||||
| Net income (loss) attributable to parent: | 461 | 94 | 205 | 129 | 492 | (83) | ||
| Other undisclosed net loss available to common stockholders, basic | (120) | (44) | ||||||
| Net income (loss) available to common stockholders, diluted: | 461 | 94 | 205 | 9 | 448 | (83) | ||
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 461 | 94 | 233 | 129 | 492 | (83) | ||
| Other comprehensive income (loss) | (48) | 3 | 15 | (6) | ||||
| Other undisclosed comprehensive income (loss) | 4 | 2 | (21) | (25) | ||||
| Comprehensive income (loss): | 413 | 101 | 250 | 102 | 468 | (83) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (28) | (120) | 44 | |||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (89) | 2 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 413 | 101 | 222 | (18) | 423 | (80) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.