OneMain (NYSE:OMF) Announces Quarterly Earnings Results, Beats Estimates By $0.05 EPS

OneMain (NYSE:OMF) released its quarterly earnings results on Wednesday. The financial services provider reported $1.31 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.05, FiscalAI reports. OneMain had a return on equity of 24.24% and a net margin of 14.38%.The firm had revenue of $1.62 billion during the quarter, compared to analysts’ expectations of $1.28 billion. During the same quarter in the prior year, the business earned $1.45 EPS. OneMain’s quarterly revenue was up 6.7% compared to the same quarter last year.

Here are the key takeaways from OneMain’s conference call:

• Receivables and originations grew strongly: Managed receivables increased 7% year over year to $26.9 billion, while second-quarter originations rose 10% to $4.3 billion, supported by growth across personal loans, auto finance, and credit cards.
• Credit trends improved: Early-stage 30–89 day delinquency declined seven basis points year over year, and management expects losses to improve significantly in the second half of 2026 and into 2027. Credit card net charge-offs also fell 186 basis points year over year to 17.7%.
• Auto and credit card expansion continued: Auto originations increased 19% year over year, while credit card accounts grew 44% and purchase volume rose 57%; marginal operating costs per card account declined about 25% year over year.
• Profitability faced higher provision pressure: Adjusted EPS fell to $1.31 from $1.45 a year earlier as higher revenue was offset by increased loss provisions and reserve building. The overall reserve ratio is expected to rise modestly to about 11.7% as the higher-reserve credit card portfolio grows.
• Funding and capital returns remained supportive: OneMain raised $1.1 billion in three-year secured financing at approximately 5.1% pricing and repurchased $137 million of stock year to date, while reiterating its 2026 guidance for 6%–9% receivables growth, 7.4%–7.9% C&I net charge-offs, and an operating-expense ratio near 6.6%.

OneMain Price Performance

OMF traded up $1.62 during trading on Wednesday, hitting $63.86. The company had a trading volume of 675,234 shares, compared to its average volume of 1,343,281. OneMain has a 1-year low of $45.78 and a 1-year high of $71.93. The company has a market cap of $7.38 billion, a PE ratio of 9.48, a P/E/G ratio of 0.47 and a beta of 1.22. The business has a 50-day moving average of $57.78 and a 200-day moving average of $57.77.

OneMain Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Monday, May 11th were paid a $1.05 dividend. This represents a $4.20 dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date was Monday, May 11th. OneMain’s payout ratio is 62.50%.

Insider Buying and Selling at OneMain

In other OneMain news, SVP Michael A. Hedlund sold 1,848 shares of the firm’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $62.00, for a total transaction of $114,576.00. Following the completion of the transaction, the senior vice president directly owned 13,127 shares of the company’s stock, valued at $813,874. This trade represents a 12.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Micah R. Conrad sold 5,000 shares of the business’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $62.00, for a total transaction of $310,000.00. Following the completion of the sale, the chief operating officer directly owned 96,250 shares of the company’s stock, valued at $5,967,500. The trade was a 4.94% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.29% of the stock is owned by company insiders.

Institutional Trading of OneMain

Several institutional investors and hedge funds have recently bought and sold shares of OMF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in OneMain during the 1st quarter worth approximately $2,037,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of OneMain by 2.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 442,598 shares of the financial services provider’s stock valued at $21,634,000 after acquiring an additional 9,067 shares in the last quarter. Focus Partners Wealth raised its position in shares of OneMain by 101.8% during the 1st quarter. Focus Partners Wealth now owns 8,737 shares of the financial services provider’s stock valued at $427,000 after acquiring an additional 4,407 shares in the last quarter. Prudential Financial Inc. lifted its stake in OneMain by 32.9% during the second quarter. Prudential Financial Inc. now owns 9,492 shares of the financial services provider’s stock worth $541,000 after purchasing an additional 2,350 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in OneMain by 26.2% during the second quarter. Russell Investments Group Ltd. now owns 19,644 shares of the financial services provider’s stock worth $1,119,000 after purchasing an additional 4,084 shares during the last quarter. Institutional investors and hedge funds own 85.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on OMF. JPMorgan Chase & Co. reduced their target price on shares of OneMain from $63.00 to $55.00 and set an “underweight” rating on the stock in a research report on Thursday, April 9th. Barclays lowered their price target on shares of OneMain from $61.00 to $60.00 and set an “equal weight” rating for the company in a report on Tuesday, July 7th. Royal Bank Of Canada cut their price objective on shares of OneMain from $73.00 to $70.00 and set an “outperform” rating on the stock in a report on Monday, May 4th. TD Cowen raised their target price on OneMain from $66.00 to $68.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of OneMain in a research note on Tuesday, July 7th. Eight analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $67.80.

OneMain Company Profile

OneMain Financial (NYSE: OMF) is a leading consumer finance company specializing in unsecured personal loans for middle-income customers. The company offers tailored loan products designed to address a variety of needs, including debt consolidation, home improvement financing, large purchases and emergency expenses. Through a combination of branch-based service and digital channels, OneMain aims to deliver a personalized borrowing experience with flexible repayment options and transparent terms.

Tracing its roots back to the Commercial Credit Company founded in 1912, OneMain has evolved through a series of mergers and corporate transformations.