OneMain Holdings Inc (OMF)

ONEMAIN HOLDINGS, INC. REPORTS FIRST QUARTER 2026 RESULTSMay 1, 2026 6:30 AM
PR Newswire (US)

1Q 2026 Diluted EPS of $1.931Q 2026 C&I adjusted diluted EPS of $1.95 1Q 2026 Managed receivables of $26.1 billion Declared quarterly dividend of $1.05 per shareNEW YORK, May 1, 2026 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today reported pretax income of $296 million and net income of $226 million for the first quarter of 2026, compared to $275 million and $213 million, respectively, in the prior year quarter. Earnings per diluted share were $1.93 in the first quarter of 2026, compared to $1.78 in the prior year quarter.







On May 1, 2026, OneMain declared a quarterly dividend of $1.05 per share, payable on May 15, 2026, to record holders of the Company's common stock as of the close of business on May 11, 2026.During the quarter, the Company repurchased approximately 1.9 million shares of common stock for $105 million."We delivered a very good start to 2026, executing on our growth initiatives while maintaining our disciplined credit approach and balance sheet management," said Doug Shulman, Chairman and CEO of OneMain. "As we execute across our core loan business and newer products, we are driving revenue growth with good credit performance, reinforcing our ability to generate sustainable, attractive returns for shareholders."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 $305 million and adjusted net income was $229 million for the first quarter of 2026, compared to $275 million and $207 million, respectively, in the prior year quarter. Adjusted earnings per diluted share were $1.95 for the first quarter of 2026, compared to $1.72 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 $194 million for the first quarter of 2026, comparable to the prior year quarter.Managed receivables, which includes loans serviced for our whole loan sale partners and auto finance loans originated by third parties, were $26.1 billion at March 31, 2026, up 6% from $24.6 billion at March 31, 2025.Consumer loan originations totaled $3.1 billion in the first quarter of 2026, up 3% from $3.0 billion in the prior year quarter.Total revenue, comprising interest income and total other revenue, was $1.6 billion in the first quarter of 2026, up 6% from $1.5 billion in the prior year quarter. Interest income in the first quarter of 2026 was $1.4 billion, up 6% from $1.3 billion in the prior year quarter. The increase was driven by receivables growth.Interest expense was $322 million in the first quarter of 2026, up 4% from $311 million in the prior year quarter, due to an increase in average debt to support our receivables growth.The provision for finance receivable losses was $465 million in the first quarter of 2026, up $9 million compared to the prior year period. During the first quarter of 2026, the allowance for finance receivable losses decreased $47 million driven by a seasonal decline in receivables.C&I Select Delinquency and Loss Ratios
March 31, 2026
December 31, 2025
March 31, 2025






Consumer loans:





30+ days delinquency ratio
5.37 %
5.85 %
5.16 %90+ days delinquency ratio
2.53 %
2.49 %
2.38 %30-89 days delinquency ratio
2.84 %
3.36 %
2.77 %Net charge-offs
8.02 %
7.56 %
7.83 %Operating expense for the first quarter of 2026 was $437 million, up 9% from $401 million in the prior year quarter reflecting receivable growth and strategic investments in the business.Funding and Liquidity As of March 31, 2026, the Company had principal debt balances outstanding of $22.7 billion, 51% of which was secured. The Company had $834 million of cash and cash equivalents, which included $155 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 $11.4 billion of unencumbered receivables, provides significant liquidity resources.Conference Call & Webcast InformationOneMain 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, May 1, 2026. Both the call and webcast are open to the general public. The general public is invited to listen to the call by dialing 800-420-1271 (U.S. domestic) or 785-424-1634 (international), and using conference ID 31259, or via a live audio webcast through OneMain's investor relations website at http://investor.onemainfinancial.com. 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 48 states, available online and in more than 1,300 locations. OneMain is committed to making a positive impact on the people and the communities we serve. For additional information, please visit www.OneMainFinancial.com. Use of Non-GAAP Financial MeasuresWe 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, and other items and strategic activities. 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 (www.omf.com) and the SEC's website (www.sec.gov).Cautionary Note Regarding Forward-Looking Statements This 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; 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)
Mar 31,
2026
Dec 31,
2025
Sep 30,
2025
Jun 30,
2025
Mar 31,
2025

2025
2024















Interest income
$     1,387
$     1,416
$     1,392
$     1,339
$     1,308

$     5,455
$     4,993Interest expense
(322)
(323)
(320)
(317)
(312)

(1,272)
(1,185)Net interest income
1,065
1,093
1,072
1,022
996

4,183
3,808Provision for finance receivable losses
(465)
(542)
(488)
(511)
(456)

(1,997)
(2,040)Net interest income after provision for finance receivable losses
600
551
584
511
540

2,186
1,768















Insurance
112
113
112
111
110

445
445Investment
23
22
26
24
26

98
108Gain on sales of finance receivables
16
14
17
17
16

64
23Net loss on repurchases and repayments of debt
(3)
(1)
(39)
(21)
(5)

(67)
(34)Other
49
45
47
45
41

180
153Total other revenues
197
193
163
176
188

720
695















Operating expenses
(449)
(447)
(436)
(419)
(404)

(1,707)
(1,607)Insurance policy benefits and claims
(52)
(48)
(48)
(54)
(49)

(198)
(189)Total other expenses
(501)
(495)
(484)
(473)
(453)

(1,905)
(1,796)















Income before income taxes
296
249
263
214
275

1,001
667Income taxes
(70)
(45)
(64)
(47)
(62)

(218)
(158)Net income
$       226
$       204
$       199
$       167
$       213

$       783
$       509















Weighted average number of diluted shares
117.3
118.3
119.4
119.4
120.0

119.3
120.1Diluted EPS
$      1.93
$      1.72
$      1.67
$      1.40
$      1.78

$      6.56
$      4.24Book value per basic share
$     29.21
$     29.01
$     28.53
$     27.99
$     27.50

$     29.01
$     26.74Return on assets
3.4 %
3.0 %
3.0 %
2.5 %
3.3 %

2.9 %
2.0 %















Change in allowance for finance receivable losses
$        46
$      (50)
$      (61)
$      (66)
$        17

$     (160)
$     (194)Net charge-offs
(511)
(492)
(427)
(445)
(473)

(1,837)
(1,846)Provision for finance receivable losses
$     (465)
$     (542)
$     (488)
$     (511)
$     (456)

$   (1,997)
$   (2,040)


Note:Quarters may not sum to fiscal year due to rounding.
 OneMain Holdings, Inc.CONSOLIDATED BALANCE SHEETS (UNAUDITED)




As of










(unaudited, $ in millions)
Mar 31,
2026
Dec 31,
2025
Sep 30,
2025
Jun 30,
2025
Mar 31,
2025










Assets









Cash and cash equivalents
$       834
$       914
$       658
$       769
$       627Investment securities
1,614
1,590
1,657
1,683
1,670Net finance receivables
24,447
24,833
24,465
23,870
23,328Unearned insurance premium and claim reserves
(771)
(791)
(783)
(764)
(747)Allowance for finance receivable losses
(2,819)
(2,865)
(2,815)
(2,754)
(2,688)Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance
receivable losses
20,857
21,177
20,867
20,352
19,893Restricted cash and restricted cash equivalents
728
699
748
742
736Goodwill
1,474
1,474
1,474
1,474
1,474Other intangible assets
281
282
284
285
285Other assets
1,230
1,252
1,297
1,323
1,344Total assets
$    27,018
$    27,388
$    26,985
$    26,628
$    26,029










Liabilities and Shareholders' Equity









Long-term debt
$    22,396
$    22,694
$    22,338
$    22,053
$    21,494Insurance claims and policyholder liabilities
566
576
578
579
567Deferred and accrued taxes
55
35
42
18
19Other liabilities
624
682
649
652
669Total liabilities
23,641
23,987
23,607
23,302
22,749










Common stock
1
1
1
1
1Additional paid-in capital
1,750
1,757
1,750
1,745
1,734Accumulated other comprehensive loss
(53)
(41)
(47)
(51)
(65)Retained earnings
2,680
2,579
2,500
2,425
2,384Treasury stock
(1,001)
(895)
(826)
(794)
(774)Total shareholders' equity
3,377
3,401
3,378
3,326
3,280Total liabilities and shareholders' equity
$    27,018
$    27,388
$    26,985
$    26,628
$    26,029 OneMain Holdings, Inc.CONSOLIDATED KEY FINANCIAL METRICS (UNAUDITED)




As of










(unaudited, $ in millions)
Mar 31,
2026
Dec 31,
2025
Sep 30,
2025
Jun 30,
2025
Mar 31,
2025










Liquidity









Cash and cash equivalents
$       834
$       914
$       658
$       769
$       627Cash and cash equivalents unavailable for general corporate purposes
155
176
251
185
139Unencumbered receivables
11,409
11,837
10,867
9,709
10,163Undrawn conduit facilities
5,874
5,999
5,999
5,999
5,999Undrawn corporate revolver
1,100
1,075
1,075
1,125
1,125Private secured term funding available
—
—
—
—
725Undrawn credit card revolving variable funding note facilities
500
400
400
400
400Drawn conduit facilities
1
1
1
1
1










Net adjusted debt
$    21,545
$    21,783
$    21,758
$    21,297
$    20,833










Total Shareholders' equity
$     3,377
$     3,401
$     3,378
$     3,326
$     3,280Accumulated other comprehensive loss
53
41
47
51
65Goodwill
(1,474)
(1,474)
(1,474)
(1,474)
(1,474)Other intangible assets
(281)
(282)
(284)
(285)
(285)Junior subordinated debt
173
173
172
172
172Adjusted tangible common equity
1,848
1,859
1,839
1,790
1,758Allowance for finance receivable losses, net of tax *
2,114
2,149
2,111
2,065
2,016Adjusted capital
$     3,962
$     4,008
$     3,950
$     3,855
$     3,774










Net leverage (net adjusted debt to adjusted capital)
5.4x
5.4x
5.5x
5.5x
5.5x


*Income taxes assume a 25% tax rate. OneMain Holdings, Inc.














RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (UNAUDITED)














Quarter Ended

Fiscal Year















(unaudited, $ in millions)
Mar 31,
2026
Dec 31,
2025
Sep 30,
2025
Jun 30,
2025
Mar 31,
2025

2025
2024















Consumer & Insurance
$       293
$       247
$       261
$       211
$       270

$       988
$       707Other
—
—
(2)
(1)
1

(4)
(1)Segment to GAAP adjustment
3
2
4
4
4

17
(39)Income before income taxes - GAAP basis
$       296
$       249
$       263
$       214
$       275

$     1,001
$       667















Consumer & Insurance pretax income
$       293
$       247
$       261
$       211
$       270

$       988
$       707Net loss on repurchases and repayments of debt
3
—
39
20
5

65
33Restructuring charges
7
1
2
—
—

4
29Other (1)
2
2
1
—
—
— %3
13Consumer & Insurance adjusted pretax income (non-GAAP)
$       305
$       250
$       303
$       231
$       275

$     1,060
$       782















Reconciling items (2)
$        (9)
$        (1)
$      (38)
$      (16)
$        (1)

$      (55)
$     (114)















Consumer & Insurance
$    24,463
$    24,853
$    24,490
$    23,901
$    23,365

$    24,853
$    23,598Segment to GAAP adjustment
(16)
(20)
(25)
(31)
(37)

(20)
(44)Net finance receivables - GAAP basis
$    24,447
$    24,833
$    24,465
$    23,870
$    23,328

$    24,833
$    23,554















Consumer & Insurance
$     2,821
$     2,868
$     2,818
$     2,758
$     2,693

$     2,868
$     2,710Segment to GAAP adjustment
(2)
(3)
(3)
(4)
(5)

(3)
(5)Allowance for finance receivable losses - GAAP basis
$     2,819
$     2,865
$     2,815
$     2,754
$     2,688

$     2,865
$     2,705


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)
Mar 31,
2026
Dec 31,
2025
Sep 30,
2025
Jun 30,
2025
Mar 31,
2025

2025
2024















Interest income
$     1,383
$     1,411
$     1,386
$     1,333
$     1,301

$     5,432
$     4,965Interest expense
(322)
(323)
(320)
(317)
(311)

(1,270)
(1,181)Net interest income
1,061
1,088
1,066
1,016
990

4,162
3,784Provision for finance receivable losses
(465)
(542)
(488)
(511)
(456)

(1,999)
(1,981)Net interest income after provision for finance receivable losses
596
546
578
505
534

2,163
1,803















Insurance
112
113
112
111
110

445
445Investment
23
22
26
24
26

98
108Gain on sales of finance receivables
16
14
17
17
16

64
23Other
47
46
45
43
39

175
146Total other revenues
198
195
200
195
191

782
722















Operating expenses
(437)
(443)
(427)
(415)
(401)

(1,687)
(1,554)Insurance policy benefits and claims
(52)
(48)
(48)
(54)
(49)

(198)
(189)Total other expenses
(489)
(491)
(475)
(469)
(450)

(1,885)
(1,743)















Adjusted pretax income (non-GAAP)
305
250
303
231
275

1,060
782















Income taxes *
(76)
(62)
(76)
(58)
(68)

(265)
(195)















Adjusted net income (non-GAAP)
$       229
$       188
$       227
$       173
$       207

$       795
$       587















Weighted average number of diluted shares
117.3
118.3
119.4
119.4
120.0

119.3
120.1C&I adjusted diluted EPS
$      1.95
$      1.59
$      1.90
$      1.45
$      1.72

$      6.66
$      4.89


















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)
Mar 31,
2026
Dec 31,
2025
Sep 30,
2025
Jun 30,
2025
Mar 31,
2025

2025
2024















Net finance receivables - personal loans
$    20,918
$    21,430
$    21,225
$    20,814
$    20,469

$    21,430
$    20,833Net finance receivables - auto finance
2,562
2,487
2,431
2,335
2,220

2,487
2,122Net finance receivables - consumer loans
23,480
23,917
23,656
23,149
22,689

23,917
22,955Net finance receivables - credit cards
983
936
834
752
676

936
643Net finance receivables
$    24,463
$    24,853
$    24,490
$    23,901
$    23,365

$    24,853
$    23,598















Allowance for finance receivable losses
$     2,821
$     2,868
$     2,818
$     2,758
$     2,693

$     2,868
$     2,710















Allowance ratio
11.53 %
11.54 %
11.51 %
11.54 %
11.52 %

11.54 %
11.48 %















Net finance receivables
24,463
24,853
24,490
23,901
23,365

24,853
23,598Finance receivables serviced for our whole loan sale partners
1,588
1,458
1,395
1,316
1,232

1,458
1,141Managed receivables
$    26,051
$    26,311
$    25,885
$    25,217
$    24,597

$    26,311
$    24,739















Average net finance receivables - personal loans
$    21,168
$    21,404
$    21,045
$    20,637
$    20,660

$    20,937
$    20,301Average net finance receivables - auto finance
2,515
2,462
2,390
2,278
2,166

2,324
1,662Average net finance receivables - consumer loans
23,683
23,866
23,435
22,915
22,826

23,261
21,963Average net finance receivables - credit cards
962
879
803
719
668

767
477Average net receivables
24,645
24,745
24,238
23,634
23,494

24,028
22,440Average receivables serviced for our whole loan sale partners
1,540
1,434
1,366
1,285
1,196

1,320
1,113Average managed receivables
$    26,185
$    26,179
$    25,604
$    24,919
$    24,690

$    25,348
$    23,553


















Note:Consumer & Insurance financial information is presented on an adjusted Segment Accounting Basis. Amounts may not sum due to rounding. OneMain Holdings, Inc.














CONSUMER & INSURANCE KEY METRICS (UNAUDITED) (Non-GAAP)














Quarter Ended

Fiscal Year















(unaudited, in millions)
Mar 31,
2026
Dec 31,
2025
Sep 30,
2025
Jun 30,
2025
Mar 31,
2025

2025
2024















Adjusted pretax income (non-GAAP)
$       305
$       250
$       303
$       231
$       275

$    1,060
$      782















Provision for finance receivable losses
465
542
488
511
456

1,999
1,981Net charge-offs
(512)
(492)
(428)
(446)
(473)

(1,841)
(1,849)Change in C&I allowance for finance receivable losses (non-GAAP)
(47)
50
60
65
(17)

158
132















Pretax capital generation (non-GAAP)
258
300
363
296
258

1,218
914















Capital generation, net of tax* (non-GAAP)
$       194
$       225
$       272
$       222
$       194

$       913
$       685















C&I average net receivables
$  24,645
$  24,745
$  24,238
$  23,634
$  23,494

$  24,028
$  22,440















Capital generation return on receivables  (non-GAAP)
3.2 %
3.6 %
4.5 %
3.8 %
3.3 %

3.8 %
3.1 %


















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)
Mar 31,
2026
Dec 31,
2025
Sep 30,
2025
Jun 30,
2025
Mar 31,
2025

2025
2024































Gross charge-offs
$       567
$       540
$       480
$       496
$       525

$     2,043
$     2,080Recoveries
(98)
(86)
(86)
(85)
(85)

(342)
(307)Net charge-offs
$       469
$       454
$       394
$       411
$       440

$     1,701
$     1,773















Gross charge-off ratio
9.70 %
8.98 %
8.13 %
8.68 %
9.34 %

8.78 %
9.34 %Recovery ratio
(1.68 %)
(1.42 %)
(1.45 %)
(1.49 %)
(1.52 %)

(1.47 %)
(1.39 %)Net charge-off ratio
8.02 %
7.56 %
6.67 %
7.19 %
7.83 %

7.31 %
7.94 %































Average net receivables
$    23,683
$    23,866
$    23,435
$    22,915
$    22,826

$    23,261
$    21,963Yield
22.5 %
22.5 %
22.6 %
22.6 %
22.4 %

22.5 %
22.1 %Origination volume
$      3,104
$      3,609
$      3,889
$      3,907
$      3,022

$    14,427
$    13,321















30+ delinquency
$      1,260
$      1,399
$      1,312
$      1,197
$      1,170

$      1,399
$      1,32290+ delinquency
$         594
$         596
$         556
$         491
$         540

$         596
$         57930-89 delinquency
$         666
$         803
$         756
$         706
$         630

$         803
$         743















30+ delinquency ratio
5.37 %
5.85 %
5.55 %
5.17 %
5.16 %

5.85 %
5.76 %90+ delinquency ratio
2.53 %
2.49 %
2.35 %
2.12 %
2.38 %

2.49 %
2.52 %30-89 delinquency ratio
2.84 %
3.36 %
3.20 %
3.05 %
2.77 %

3.36 %
3.24 %


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 TermsAdjusted capital: adjusted tangible common equity + allowance for finance receivable losses (ALLL), net of taxAdjusted tangible common equity (TCE): total shareholders' equity – accumulated other comprehensive loss – goodwill – other intangible assets + junior subordinated debtAuto finance: financing at the point of purchase through a network of auto dealershipsAvailable cash and cash equivalents: cash and cash equivalents – cash and cash equivalents held at our regulated insurance subsidiaries or is unavailable for general corporate purposesAverage assets: average of monthly average assets (assets at the beginning and end of each month divided by two) in the periodAverage managed receivables: C&I average net receivables + average receivables serviced for our whole loan sale partnersC&I adjusted diluted EPS: C&I adjusted net income (non-GAAP) /  weighted average diluted  sharesCapital generation: C&I adjusted net income – change in C&I allowance for finance receivable losses, net of taxCapital generation return on receivables*:  annualized capital generation / C&I average net receivablesConsumer loans: personal loans and auto financeFinance receivables serviced for our whole loan sale partners: unpaid principal balance plus accrued interest of loans sold as part of our whole loan sale programGross charge-off ratio*: annualized gross charge-offs / average net receivablesManaged receivables: C&I net finance receivables + finance receivables serviced for our whole loan sale partners + auto finance loans originated by third partiesNet adjusted debt: long-term debt – junior subordinated debt – available cash and cash equivalentsNet charge-off ratio*: annualized net charge-offs / average net receivablesNet leverage: net adjusted debt / adjusted capitalOpex ratio: annualized C&I operating expenses / average managed receivablesOrigination volume: loans originated during the period, including those originated and sold to our whole loan sale partners that we continue to serviceOther net revenue: other revenues – insurance policy benefits and claims expensePersonal loans: loans secured by automobiles, other collateral or are unsecured and offered through our branch network, central operations, or digital platformPretax capital generation: C&I pretax adjusted net income – change in C&I allowance for finance receivable lossesPurchase volume: credit card purchase transactions + cash advances – returnsReturn on assets (ROA): annualized net income / average total assetsReturn on receivables (C&I ROR): annualized C&I adjusted net income / C&I average net receivablesTotal revenue: C&I interest income + C&I total other revenueUnencumbered 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 interest, fees, and closed accounts with balances*Fiscal year 2024 adjusted for policy alignment associated with the Foursight acquisition.OneMain Holdings, Inc.Investor Contact:
Peter R. Poillon, 212-359-2432
peter.poillon @Tman1018-5296
howard.schloss@omf.com 



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Original: ONEMAIN HOLDINGS, INC. REPORTS FIRST QUARTER 2026 RESULTS

OneMain Holdings Announces Date of First Quarter 2026 Earnings Release and Conference CallApril 15, 2026 4:30 PM
PR Newswire (US)

NEW YORK, April 15, 2026 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, plans to report its first quarter 2026 results before the market opens on Friday, May 1, 2026. The earnings release will be available on OneMain's investor relations website at http://investor.onemainfinancial.com.







A conference call to discuss the company's results, outlook and related matters will be held that morning at 9:00 a.m. Eastern. The general public is invited to listen to the call by dialing 800-420-1271 (U.S. domestic) or 785-424-1634 (international), and using conference ID 31259, or via a live audio webcast through our investor relations website. For those unable to listen to the live broadcast, a replay will be available on our website after the event.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 48 states, available online and in more than 1,300 locations. OneMain is committed to making a positive impact on the people and the communities we serve. For additional information, please visit www.OneMainFinancial.com.Contacts
Investor Contact:
Peter R Poillon, 212-359-2432
peter.poillon@omf.com



View original content to download multimedia:https://www.prnewswire.com/news-releases/onemain-holdings-announces-date-of-first-quarter-2026-earnings-release-and-conference-call-302743704.htmlSOURCE OneMain Holdings, Inc.

Original: OneMain Holdings Announces Date of First Quarter 2026 Earnings Release and Conference Call

OMF logo
OneMain Holdings

NYSE:OMF

Published 12 Mar 2026

OMF: Future Returns Will Reflect 2026 Specialty Finance Tailwinds And Share Repurchases
Analysts have trimmed their average price target on OneMain Holdings by about $0.60 to $72.14, as several firms recalibrated their views to reflect a more uncertain macro backdrop and sector wide multiple compression, even as some houses cited updated outlooks for consumer finance and specialty lending in 2026. Analyst Commentary Recent research on OneMain Holdings reflects a mix of optimism about the specialty finance setup in 2026 and caution around macro risks and borrower resilience.

AnalystConsensusTarget's avatar
AnalystConsensusTarget

Based on Analyst Price Targets

Fair Value

US$72.14

Fair Value decreased 0.79%
Last price US$49.97 | 30.7% undervalued

Based on 28% p.a. revenue growth for 3 years

OneMain Holdings Tops Q4 Earnings Forecasts on Strong Revenue ExpansionFebruary 5, 2026 9:15 AM
IH Market News
OneMain Holdings, Inc. (NYSE:OMF) reported fourth-quarter 2025 results on Thursday that exceeded analyst expectations, supported by solid revenue growth and improved loan portfolio performance.Shares of the consumer lending company were largely unchanged in after-hours trading following the announcement.The company reported adjusted diluted earnings per share of $1.59, slightly above analyst forecasts of $1.55. Quarterly revenue reached $1.6 billion, representing an 8% increase from the same period last year and significantly exceeding consensus estimates of $1.27 billion.Total managed receivables increased to $26.3 billion, up 6% from $24.7 billion at the end of 2024. Consumer loan originations totalled $3.6 billion during the quarter, marking a 3% increase compared with $3.5 billion in the prior-year period.“2025 was a great year highlighted by excellent revenue and earnings growth that positions us well for the year ahead,” said Doug Shulman, Chairman and CEO of OneMain. “Our disciplined approach to credit, ongoing investments to drive innovation, and deep commitment to our customers has positioned us to deliver profitable growth and create long-term value for shareholders.”Net interest income rose to $1.09 billion during the quarter, compared with $1.00 billion a year earlier. The increase was primarily driven by higher receivable balances and stronger portfolio yield performance. Operating expenses rose 5% to $443 million, reflecting portfolio growth and continued strategic investment initiatives.OneMain declared a quarterly dividend of $1.05 per share and repurchased approximately 1.2 million shares of common stock for $70 million during the quarter.The company reported a 30-plus-day consumer loan delinquency ratio of 5.85% as of December 2025, slightly higher than the 5.76% recorded at the end of December 2024.OneMain Holdings stock price

Original: OneMain Holdings Tops Q4 Earnings Forecasts on Strong Revenue Expansion

ONEMAIN HOLDINGS, INC. REPORTS FOURTH QUARTER 2025 RESULTSFebruary 5, 2026 6:30 AM
PR Newswire (US)

4Q 2025 Diluted EPS of $1.724Q 2025 C&I adjusted diluted EPS of $1.59 4Q 2025 Managed receivables of $26.3 billion Declared quarterly dividend of $1.05 per shareNEW YORK, Feb. 5, 2026 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today reported pretax income of $249 million and net income of $204 million for the fourth quarter of 2025, compared to $164 million and $126 million, respectively, in the prior year quarter. Earnings per diluted share were $1.72 in the fourth quarter of 2025, compared to $1.05 in the prior year quarter.







Net income was $783 million for the full year of 2025, compared to $509 million for the full year of 2024. Earnings per diluted share were $6.56 in the full year of 2025, compared to $4.24 in the prior year.On February 5, 2026, OneMain declared a quarterly dividend of $1.05 per share, payable on February 23, 2026, to record holders of the Company's common stock as of the close of business on February 17, 2026.During the quarter, the Company repurchased approximately 1.2 million shares of common stock for $70 million."2025 was a great year highlighted by excellent revenue and earnings growth that positions us well for the year ahead," said Doug Shulman, Chairman and CEO of OneMain. "Our disciplined approach to credit, ongoing investments to drive innovation, and deep commitment to our customers has positioned us to deliver profitable growth and create long-term value for shareholders."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 $250 million and adjusted net income was $188 million for the fourth quarter of 2025, compared to $185 million and $139 million, respectively, in the prior year quarter. Adjusted earnings per diluted share were $1.59 for the fourth quarter of 2025, compared to $1.16 in the prior year quarter.C&I generated adjusted net income of $795 million for the full year of 2025, compared to $587 million in the prior year. Adjusted earnings per diluted share were $6.66 for the full year of 2025, compared to $4.89 in the prior year.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 $225 million for the fourth quarter of 2025, compared to $183 million in the prior year quarter. The increase in the fourth quarter of 2025 was driven by receivable growth and yield improvement, compared to the prior year quarter.Capital generation was $913 million for the full year of 2025, compared to $685 million in the prior year. The increase in the full year of 2025 was driven by receivable growth, improved credit performance, and yield improvement, compared to the prior year.Managed receivables, which includes loans serviced for our whole loan sale partners and auto finance loans originated by third parties, were $26.3 billion at December 31, 2025, up 6% from $24.7 billion at December 31, 2024.Consumer loan originations totaled $3.6 billion in the fourth quarter of 2025, up 3% from $3.5 billion in the prior year quarter.Total revenue, comprising interest income and total other revenue, was $1.6 billion in the fourth quarter of 2025, up 8% from $1.5 billion in the prior year quarter. Interest income in the fourth quarter of 2025 was $1.4 billion, up 8% from $1.3 billion in the prior year quarter. The increase was driven by receivable growth and improved portfolio yield.Interest expense was $323 million in the fourth quarter of 2025, up 4% from $310 million in the prior year quarter, due to an increase in average debt to support our receivables growth.The provision for finance receivable losses was $542 million in the fourth quarter of 2025, up $19 million compared to the prior year period. During the fourth quarter of 2025, the allowance for finance receivable losses increased $50 million driven by growth in receivables.C&I Select Delinquency and Loss Ratios
December 31, 2025
September 30, 2025
December 31, 2024






Consumer loans:





30+ days delinquency ratio
5.85 %
5.55 %
5.76 %90+ days delinquency ratio
2.49 %
2.35 %
2.52 %30-89 days delinquency ratio
3.36 %
3.20 %
3.24 %Net charge-offs
7.56 %
6.67 %
7.63 %Operating expense for the fourth quarter of 2025 was $443 million, up 5% from $422 million in the prior year quarter reflecting receivable growth and strategic investments in the business.Funding and Liquidity As of December 31, 2025, the Company had principal debt balances outstanding of $23.0 billion, 50% of which was secured. The Company had $914 million of cash and cash equivalents, which included $176 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 $11.8 billion of unencumbered receivables, provides significant liquidity resources.Conference Call & Webcast InformationOneMain 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 Thursday, February 5, 2026. Both the call and webcast are open to the general public. The general public is invited to listen to the call by dialing 800-451-7724 (U.S. domestic) or 785-424-1116 (international), and using conference ID 85126, or via a live audio webcast through OneMain's investor relations website at http://investor.onemainfinancial.com. 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 48 states, available online and in more than 1,300 locations. OneMain is committed to making a positive impact on the people and the communities we serve. For additional information, please visit www.OneMainFinancial.com.Use of Non-GAAP Financial MeasuresWe 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 other items and strategic activities. 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 (www.omf.com) and the SEC's website (www.sec.gov).Cautionary Note Regarding Forward-Looking Statements
This 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; 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)
Dec 31,
2025
Sep 30,
2025
Jun 30,
2025
Mar 31,
2025
Dec 31,
2024

2025
2024















Interest income
$        1,416
$        1,392
$        1,339
$        1,308
$        1,320

$        5,455
$        4,993Interest expense
(323)
(320)
(317)
(312)
(311)

(1,272)
(1,185)Net interest income
1,093
1,072
1,022
996
1,009

4,183
3,808Provision for finance receivable losses
(542)
(488)
(511)
(456)
(523)

(1,997)
(2,040)Net interest income after provision for finance receivable losses
551
584
511
540
486

2,186
1,768















Insurance
113
112
111
110
111

445
445Investment
22
26
24
26
21

98
108Gain on sales of finance receivables
14
17
17
16
5

64
23Net loss on repurchases and repayments of debt
(1)
(39)
(21)
(5)
(19)

(67)
(34)Other
45
47
45
41
42

180
153Total other revenues
193
163
176
188
160

720
695















Operating expenses
(447)
(436)
(419)
(404)
(433)

(1,707)
(1,607)Insurance policy benefits and claims
(48)
(48)
(54)
(49)
(49)

(198)
(189)Total other expenses
(495)
(484)
(473)
(453)
(482)

(1,905)
(1,796)















Income before income taxes
249
263
214
275
164

1,001
667Income taxes
(45)
(64)
(47)
(62)
(38)

(218)
(158)Net income
$           204
$           199
$           167
$           213
$           126

$           783
$           509















Weighted average number of diluted shares
118.3
119.4
119.4
120.0
119.9

119.3
120.1Diluted EPS
$          1.72
$          1.67
$          1.40
$          1.78
$          1.05

$          6.56
$          4.24Book value per basic share
$        29.01
$        28.53
$        27.99
$        27.50
$        26.74

$        29.01
$        26.74Return on assets
3.0 %
3.0 %
2.5 %
3.3 %
1.9 %

2.9 %
2.0 %















Change in allowance for finance receivable losses
$          (50)
$          (61)
$          (66)
$             17
$          (60)

$        (160)
$        (194)Net charge-offs
(492)
(427)
(445)
(473)
(463)

(1,837)
(1,846)Provision for finance receivable losses
$        (542)
$        (488)
$        (511)
$        (456)
$        (523)

$     (1,997)
$     (2,040)


Note:Quarters may not sum to fiscal year due to rounding.
 OneMain Holdings, Inc.CONSOLIDATED BALANCE SHEETS (UNAUDITED)




As of










(unaudited, $ in millions)
Dec 31,
2025
Sep 30,
2025
Jun 30,
2025
Mar 31,
2025
Dec 31,
2024










Assets









Cash and cash equivalents
$           914
$           658
$           769
$           627
$           458Investment securities
1,590
1,657
1,683
1,670
1,607Net finance receivables
24,833
24,465
23,870
23,328
23,554Unearned insurance premium and claim reserves
(791)
(783)
(764)
(747)
(766)Allowance for finance receivable losses
(2,865)
(2,815)
(2,754)
(2,688)
(2,705)Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance
receivable losses
21,177
20,867
20,352
19,893
20,083Restricted cash and restricted cash equivalents
699
748
742
736
684Goodwill
1,474
1,474
1,474
1,474
1,474Other intangible assets
282
284
285
285
286Other assets
1,252
1,297
1,323
1,344
1,318Total assets
$      27,388
$      26,985
$      26,628
$      26,029
$      25,910










Liabilities and Shareholders' Equity









Long-term debt
$      22,694
$      22,338
$      22,053
$      21,494
$      21,438Insurance claims and policyholder liabilities
576
578
579
567
575Deferred and accrued taxes
35
42
18
19
20Other liabilities
682
649
652
669
686Total liabilities
23,987
23,607
23,302
22,749
22,719










Common stock
1
1
1
1
1Additional paid-in capital
1,757
1,750
1,745
1,734
1,734Accumulated other comprehensive loss
(41)
(47)
(51)
(65)
(81)Retained earnings
2,579
2,500
2,425
2,384
2,296Treasury stock
(895)
(826)
(794)
(774)
(759)Total shareholders' equity
3,401
3,378
3,326
3,280
3,191Total liabilities and shareholders' equity
$      27,388
$      26,985
$      26,628
$      26,029
$      25,910 OneMain Holdings, Inc.CONSOLIDATED KEY FINANCIAL METRICS (UNAUDITED)




As of










(unaudited, $ in millions)
Dec 31,
2025
Sep 30,
2025
Jun 30,
2025
Mar 31,
2025
Dec 31,
2024










Liquidity









Cash and cash equivalents
$           914
$           658
$           769
$           627
$           458Cash and cash equivalents unavailable for general corporate purposes
176
251
185
139
123Unencumbered receivables
11,837
10,867
9,709
10,163
9,738Undrawn conduit facilities
5,999
5,999
5,999
5,999
5,999Undrawn corporate revolver
1,075
1,075
1,125
1,125
1,125Private secured term funding available
—
—
—
725
—Undrawn credit card revolving variable funding note facilities
400
400
400
400
300Drawn conduit facilities
1
1
1
1
1










Net adjusted debt
$      21,783
$      21,758
$      21,297
$      20,833
$      20,931










Total Shareholders' equity
$        3,401
$        3,378
$        3,326
$        3,280
$        3,191Accumulated other comprehensive loss
41
47
51
65
81Goodwill
(1,474)
(1,474)
(1,474)
(1,474)
(1,474)Other intangible assets
(282)
(284)
(285)
(285)
(286)Junior subordinated debt
173
172
172
172
172Adjusted tangible common equity
1,859
1,839
1,790
1,758
1,684Allowance for finance receivable losses, net of tax *
2,149
2,111
2,065
2,016
2,029Adjusted capital
$        4,008
$        3,950
$        3,855
$        3,774
$        3,713










Net leverage (net adjusted debt to adjusted capital)
5.4x
5.5x
5.5x
5.5x
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)
Dec 31,
2025
Sep 30,
2025
Jun 30,
2025
Mar 31,
2025
Dec 31,
2024

2025
2024















Consumer & Insurance
$           247
$           261
$           211
$           270
$           159

$           988
$           707Other
—
(2)
(1)
1
(1)

(4)
(1)Segment to GAAP adjustment
2
4
4
4
6

17
(39)Income before income taxes - GAAP basis
$           249
$           263
$           214
$           275
$           164

$        1,001
$           667















Consumer & Insurance pretax income
$           247
$           261
$           211
$           270
$           159

$           988
$           707Net loss on repurchases and repayments of debt
—
39
20
5
19

65
33Restructuring charges
1
2
—
—
1

4
29Acquisition-related transaction and integration expenses
—
1
—
—
5

1
9Other (1)
2
—
—
—
1

2
4Consumer & Insurance adjusted pretax income (non-GAAP)
$           250
$           303
$           231
$           275
$           185

$        1,060
$           782















Reconciling items (2)
$            (1)
$          (38)
$          (16)
$            (1)
$          (20)

$          (55)
$        (114)















Consumer & Insurance
$      24,853
$      24,490
$      23,901
$      23,365
$      23,598

$      24,853
$      23,598Segment to GAAP adjustment
(20)
(25)
(31)
(37)
(44)

(20)
(44)Net finance receivables - GAAP basis
$      24,833
$      24,465
$      23,870
$      23,328
$      23,554

$      24,833
$      23,554















Consumer & Insurance
$        2,868
$        2,818
$        2,758
$        2,693
$        2,710

$        2,868
$        2,710Segment to GAAP adjustment
(3)
(3)
(4)
(5)
(5)

(3)
(5)Allowance for finance receivable losses - GAAP basis
$        2,865
$        2,815
$        2,754
$        2,688
$        2,705

$        2,865
$        2,705


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)
Dec 31,
2025
Sep 30,
2025
Jun 30,
2025
Mar 31,
2025
Dec 31,
2024

2025
2024















Interest income
$        1,411
$        1,386
$        1,333
$        1,301
$        1,312

$        5,432
$        4,965Interest expense
(323)
(320)
(317)
(311)
(310)

(1,270)
(1,181)Net interest income
1,088
1,066
1,016
990
1,002

4,162
3,784Provision for finance receivable losses
(542)
(488)
(511)
(456)
(523)

(1,999)
(1,981)Net interest income after provision for finance receivable losses
546
578
505
534
479

2,163
1,803















Insurance
113
112
111
110
111

445
445Investment
22
26
24
26
21

98
108Gain on sales of finance receivables
14
17
17
16
5

64
23Other
46
45
43
39
40

175
146Total other revenues
195
200
195
191
177

782
722















Operating expenses
(443)
(427)
(415)
(401)
(422)

(1,687)
(1,554)Insurance policy benefits and claims
(48)
(48)
(54)
(49)
(49)

(198)
(189)Total other expenses
(491)
(475)
(469)
(450)
(471)

(1,885)
(1,743)















Adjusted pretax income (non-GAAP)
250
303
231
275
185

1,060
782















Income taxes *
(62)
(76)
(58)
(68)
(46)

(265)
(195)















Adjusted net income (non-GAAP)
$           188
$           227
$           173
$           207
$           139

$           795
$           587















Weighted average number of diluted shares
118.3
119.4
119.4
120.0
119.9

119.3
120.1C&I adjusted diluted EPS
$          1.59
$          1.90
$          1.45
$          1.72
$          1.16

$          6.66
$          4.89


















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)
Dec 31,
2025
Sep 30,
2025
Jun 30,
2025
Mar 31,
2025
Dec 31,
2024

2025
2024















Net finance receivables - personal loans
$      21,430
$      21,225
$      20,814
$      20,469
$      20,833

$      21,430
$      20,833Net finance receivables - auto finance
2,487
2,431
2,335
2,220
2,122

2,487
2,122Net finance receivables - consumer loans
23,917
23,656
23,149
22,689
22,955

23,917
22,955Net finance receivables - credit cards
936
834
752
676
643

936
643Net finance receivables
$      24,853
$      24,490
$      23,901
$      23,365
$      23,598

$      24,853
$      23,598















Allowance for finance receivable losses
$        2,868
$        2,818
$        2,758
$        2,693
$        2,710

$        2,868
$        2,710















Allowance ratio
11.54 %
11.51 %
11.54 %
11.52 %
11.48 %

11.54 %
11.48 %















Net finance receivables
24,853
24,490
23,901
23,365
23,598

24,853
23,598Finance receivables serviced for our whole loan sale partners
1,458
1,395
1,316
1,232
1,141

1,458
1,141Managed receivables
$      26,311
$      25,885
$      25,217
$      24,597
$      24,739

$      26,311
$      24,739















Average net finance receivables - personal loans
$      21,404
$      21,045
$      20,637
$      20,660
$      20,751

$      20,937
$      20,301Average net finance receivables - auto finance
2,462
2,390
2,278
2,166
2,072

2,324
1,662Average net finance receivables - consumer loans
23,866
23,435
22,915
22,826
22,823

23,261
21,963Average net finance receivables - credit cards
879
803
719
668
599

767
477Average net receivables
24,745
24,238
23,634
23,494
23,422

24,028
22,440Average receivables serviced for our whole loan sale partners
1,434
1,366
1,285
1,196
1,174

1,320
1,113Average managed receivables
$      26,179
$      25,604
$      24,919
$      24,690
$      24,596

$      25,348
$      23,553















 OneMain Holdings, Inc.














CONSUMER & INSURANCE KEY METRICS (UNAUDITED) (Non-GAAP)














Quarter Ended

Fiscal Year















(unaudited, in millions)
Dec 31,
2025
Sep 30,
2025
Jun 30,
2025
Mar 31,
2025
Dec 31,
2024

2025
2024















Adjusted pretax income (non-GAAP)
$           250
$           303
$           231
$           275
$           185

$      1,060
$         782















Provision for finance receivable losses
542
488
511
456
523

1,999
1,981Net charge-offs
(492)
(428)
(446)
(473)
(464)

(1,841)
(1,849)Change in C&I allowance for finance receivable losses (non-GAAP)
50
60
65
(17)
59

158
132















Pretax capital generation (non-GAAP)
300
363
296
258
244

1,218
914















Capital generation, net of tax* (non-GAAP)
$           225
$           272
$           222
$           194
$           183

$         913
$         685















C&I average net receivables
$      24,745
$      24,238
$      23,634
$      23,494
$      23,422

$    24,028
$    22,440















Capital generation return on receivables  (non-GAAP)
3.6 %
4.5 %
3.8 %
3.3 %
3.1 %

3.8 %
3.1 %


















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)
Dec 31,
2025
Sep 30,
2025
Jun 30,
2025
Mar 31,
2025
Dec 31,
2024

2025
2024































Gross charge-offs
$           540
$           480
$           496
$           525
$           514

$        2,043
$        2,080Recoveries
(86)
(86)
(85)
(85)
(76)

(342)
(307)Net charge-offs
$           454
$           394
$           411
$           440
$           438

$        1,701
$        1,773















Gross charge-off ratio
8.98 %
8.13 %
8.68 %
9.34 %
8.96 %

8.78 %
9.34 %Recovery ratio
(1.42 %)
(1.45 %)
(1.49 %)
(1.52 %)
(1.33 %)

(1.47 %)
(1.39 %)Net charge-off ratio
7.56 %
6.67 %
7.19 %
7.83 %
7.63 %

7.31 %
7.94 %































Average net receivables
$      23,866
$      23,435
$      22,915
$      22,826
$      22,823

$      23,261
$      21,963Yield
22.5 %
22.6 %
22.6 %
22.4 %
22.2 %

22.5 %
22.1 %Origination volume
$        3,609
$        3,889
$        3,907
$        3,022
$        3,504

$      14,427
$      13,321















30+ delinquency
$        1,399
$        1,312
$        1,197
$        1,170
$        1,322

$        1,399
$        1,32290+ delinquency
$           596
$           556
$           491
$           540
$           579

$           596
$           57930-89 delinquency
$           803
$           756
$           706
$           630
$           743

$           803
$           743















30+ delinquency ratio
5.85 %
5.55 %
5.17 %
5.16 %
5.76 %

5.85 %
5.76 %90+ delinquency ratio
2.49 %
2.35 %
2.12 %
2.38 %
2.52 %

2.49 %
2.52 %30-89 delinquency ratio
3.36 %
3.20 %
3.05 %
2.77 %
3.24 %

3.36 %
3.24 %


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 TermsAdjusted capital: adjusted tangible common equity + allowance for finance receivable losses (ALLL), net of taxAdjusted tangible common equity (TCE): total shareholders' equity – accumulated other comprehensive loss – goodwill – other intangible assets + junior subordinated debtAuto finance: financing at the point of purchase through a network of auto dealershipsAvailable cash and cash equivalents: cash and cash equivalents – cash and cash equivalents held at our regulated insurance subsidiaries or is unavailable for general corporate purposesAverage assets: average of monthly average assets (assets at the beginning and end of each month divided by two) in the periodAverage managed receivables: C&I average net receivables + average receivables serviced for our whole loan sale partnersC&I adjusted diluted EPS: C&I adjusted net income (non-GAAP) /  weighted average diluted  sharesCapital generation: C&I adjusted net income – change in C&I allowance for finance receivable losses, net of taxCapital generation return on receivables*:  annualized capital generation / C&I average net receivablesConsumer loans: personal loans and auto financeFinance receivables serviced for our whole loan sale partners: unpaid principal balance plus accrued interest of loans sold as part of our whole loan sale programGross charge-off ratio*: annualized gross charge-offs / average net receivablesManaged receivables: C&I net finance receivables + finance receivables serviced for our whole loan sale partners + auto finance loans originated by third partiesNet adjusted debt: long-term debt – junior subordinated debt – available cash and cash equivalentsNet charge-off ratio*: annualized net charge-offs / average net receivablesNet leverage: net adjusted debt / adjusted capitalOpex ratio: annualized C&I operating expenses / average managed receivablesOrigination volume: loans originated during the period, including those originated and sold to our whole loan sale partners that we continue to serviceOther net revenue: other revenues – insurance policy benefits and claims expensePersonal loans: loans secured by titled collateral or unsecured and offered through our branch network, central operations, or digital platformPretax capital generation: C&I pretax adjusted net income – change in C&I allowance for finance receivable lossesPurchase volume: credit card purchase transactions + cash advances – returnsReturn on assets (ROA): annualized net income / average total assetsReturn on receivables (C&I ROR): annualized C&I adjusted net income / C&I average net receivablesTotal revenue: C&I interest income + C&I total other revenueUnencumbered 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*Fiscal year 2024 adjusted for policy alignment associated with the Foursight acquisition.OneMain Holdings, Inc.Investor Contact:
Peter R. Poillon, 212-359-2432
peter.poillon @Tman1018-5296
howard.schloss@omf.com



View original content to download multimedia:https://www.prnewswire.com/news-releases/onemain-holdings-inc-reports-fourth-quarter-2025-results-302679599.htmlSOURCE OneMain Holdings, Inc.

Original: ONEMAIN HOLDINGS, INC. REPORTS FOURTH QUARTER 2025 RESULTS

OneMain Holdings to Present at Bank of America 2026 Financial Services ConferenceFebruary 3, 2026 4:30 PM
PR Newswire (US)

NEW YORK, Feb. 3, 2026 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, announced today that Doug Shulman, Chairman and CEO, will present at the Bank of America 2026 Financial Services Conference at 11:20 a.m. Eastern on Wednesday, February 11.







Webcast InformationThe general public is invited to listen to the live audio webcast through the Investor Relations section of OneMain's website at http://investor.onemainfinancial.com.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 www.OneMainFinancial.com.Contacts
Investor Contact:
Peter R Poillon, 212-359-2432
peter.poillon@omf.com



View original content to download multimedia:https://www.prnewswire.com/news-releases/onemain-holdings-to-present-at-bank-of-america-2026-financial-services-conference-302677851.htmlSOURCE OneMain Holdings, Inc.

Original: OneMain Holdings to Present at Bank of America 2026 Financial Services Conference

today is when OMF pays $1.00 p/s dividend - has anyone received theirs? Will it get paid after hour?

Muddy2, You did get nice buy at $32 and with the nice Div. over 10%!!!!
I have also been accumulating for long term Div and but also use Option covered call to add to that nice Div. - the earning coming on April 25th will tell us more on the future?

Someone tell me I erred when I bought this one at $32. Love the fat div and stock has moved up to boot.

Any warts on this hog?

Credit Suisse upgrades their target price on OMF to $72, the highest target to date.

Nice earnings report today, should move up well remainder of week

OMF with a blowout Q1, and an EPS of over $3.00.

https://finance.yahoo.com/news/onemain-holdings-inc-reports-first-203000110.html

The lowest analyst price target for OMF is currently $58, with the highest at $71. Right now OMF trades in the 54s, which is a steal given how well they're doing.

News: $OMF OneMain Holdings, Inc. (OMF) Q2 2020 Earnings Call Transcript

Image source: The Motley Fool. OneMain Holdings, Inc.   (NYSE: OMF) Q2 2020 Earnings Call Jul 28, 2020 , 8:00 a.m. ET Operator Continue reading

Find out more OMF - OneMain Holdings, Inc. (OMF) Q2 2020 Earnings Call Transcript

OMF bullish 20.40

needs to fill in that gap still



normal chart



log chart