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

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

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 Stock Up 1.3%

NYSE:OMF opened at $63.07 on Thursday. The company has a market cap of $7.29 billion, a P/E ratio of 9.38, a P/E/G ratio of 0.47 and a beta of 1.22. The firm’s 50 day moving average is $57.96 and its two-hundred day moving average is $57.71. OneMain has a fifty-two week low of $45.78 and a fifty-two week high of $71.93.

OneMain Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Monday, August 10th will be paid a dividend of $1.05 per share. The ex-dividend date of this dividend is Monday, August 10th. This represents a $4.20 dividend on an annualized basis and a yield of 6.7%. OneMain’s dividend payout ratio (DPR) is currently 62.50%.

Wall Street Analyst Weigh In

OMF has been the topic of several recent research reports. JPMorgan Chase & Co. reduced their price objective on OneMain from $63.00 to $55.00 and set an “underweight” rating on the stock in a research report on Thursday, April 9th. Royal Bank Of Canada dropped their price objective on OneMain from $73.00 to $70.00 and set an “outperform” rating for the company in a research report on Monday, May 4th. Barclays cut their target price on shares of OneMain from $61.00 to $60.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 7th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of OneMain in a research note on Tuesday, July 7th. Finally, Wells Fargo & Company cut their price objective on shares of OneMain from $70.00 to $65.00 and set an “equal weight” rating for the company in a research report on Thursday, April 9th. Eight investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $67.80.

Key OneMain News

Here are the key news stories impacting OneMain this week:

• Positive Sentiment: Revenue and EPS exceeded expectations. OneMain reported second-quarter adjusted diluted EPS of $1.31, or $1.32 on a reported basis, ahead of the roughly $1.26 consensus estimate. Revenue reached approximately $1.62 billion, versus analyst expectations of $1.28 billion, while revenue increased 6.7% year over year. OneMain Holdings Reports Second Quarter 2026 Results
• Positive Sentiment: Large dividend supports the investment case. The company declared a quarterly dividend of $1.05 per share, payable August 14 to shareholders of record August 10. The indicated yield is approximately 6.7%, which may attract income-focused investors. OneMain Holdings Reports Second Quarter 2026 Results
• Positive Sentiment: Loan portfolio growth remains a highlight. Managed receivables reached $26.9 billion, indicating continued expansion in OneMain’s consumer-lending business. The earnings call focused on growth initiatives and operating performance. OneMain Holdings Earnings Call: Growth Amid Credit Costs
• Neutral Sentiment: Results were mixed. Although EPS beat estimates, net income fell to $152 million from $167 million a year earlier, and EPS declined from $1.40. This leaves investors balancing strong revenue growth against weaker profitability. OneMain Q2 Earnings Snapshot
• Negative Sentiment: Credit costs remain a key risk. Management’s discussion of credit costs highlights continued concerns about loan performance and potential pressure on future margins and earnings, particularly for OneMain’s nonprime customer base. OneMain Holdings Q2 2026 Earnings Call Transcript

Insider Buying and Selling at OneMain

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

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of OMF. Geneos Wealth Management Inc. increased its position in shares of OneMain by 9.1% in the second quarter. Geneos Wealth Management Inc. now owns 2,112 shares of the financial services provider’s stock worth $120,000 after acquiring an additional 176 shares in the last quarter. CIBC Private Wealth Group LLC boosted its position in OneMain by 117.4% during the 4th quarter. CIBC Private Wealth Group LLC now owns 374 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 202 shares during the period. Xponance LLC increased its holdings in OneMain by 2.7% in the 4th quarter. Xponance LLC now owns 7,803 shares of the financial services provider’s stock valued at $527,000 after purchasing an additional 203 shares in the last quarter. Public Employees Retirement System of Ohio increased its holdings in OneMain by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 39,959 shares of the financial services provider’s stock valued at $2,256,000 after purchasing an additional 219 shares in the last quarter. Finally, Quadrant Capital Group LLC raised its position in OneMain by 5.7% in the fourth quarter. Quadrant Capital Group LLC now owns 4,081 shares of the financial services provider’s stock valued at $276,000 after purchasing an additional 220 shares during the period. Hedge funds and other institutional investors own 85.82% of the company’s stock.

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.