STOCK TITAN
  1. Home
  2. Sec-filings
  3. OMF
  4. [8-K] OneMain Holdings, Inc. Reports Material Event

OneMain Holdings (NYSE: OMF) posts Q2 profit, declares $1.05 dividend

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

OneMain Holdings, Inc. reported second quarter 2026 pretax income of $196 million and net income of $152 million, down from $214 million and $167 million in the prior-year quarter. Diluted EPS was $1.32 versus $1.40. Consumer and Insurance adjusted net income was $151 million, with C&I adjusted diluted EPS of $1.31. Capital generation reached $229 million, up from $222 million. Total revenue was $1.6 billion, driven by interest income of $1.4 billion, while the provision for finance receivable losses rose to $610 million and the allowance increased $104 million on receivable growth.

Managed receivables were $26.9 billion, up 7% from $25.2 billion a year earlier, and consumer loan originations were $4.3 billion, up 10% from $3.9 billion. The consumer net charge-off ratio was 7.77%, with a 30+ delinquency ratio of 5.17% and 90+ of 2.15%. During the quarter OneMain repurchased approximately 576 thousand shares for $32 million and declared a quarterly dividend of $1.05 per share, payable August 14, 2026 to holders of record on August 10, 2026. Liquidity included $567 million of cash and cash equivalents, $1.0 billion of undrawn corporate revolver capacity, $6.5 billion of undrawn conduit and credit card facilities, and $11.6 billion of unencumbered receivables against principal debt of $23.1 billion.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Net income Q2 2026 $152 million Net income for the quarter ended June 30, 2026, compared to $167 million in the prior-year quarter.
Diluted EPS Q2 2026 $1.32 Earnings per diluted share for the second quarter of 2026 versus $1.40 a year earlier.
Quarterly dividend $1.05 per share Dividend declared on July 29, 2026, payable August 14, 2026, to holders of record on August 10, 2026.
Managed receivables $26.9 billion Managed receivables at June 30, 2026, up 7% from $25.2 billion at June 30, 2025.
Total revenue Q2 2026 $1.6 billion Total revenue comprising interest income and total other revenue in the second quarter of 2026, up 6% from $1.5 billion.
Provision for finance receivable losses $610 million Provision for finance receivable losses in Q2 2026, up from $511 million in the prior-year period.
Consumer net charge-off ratio 7.77% Annualized net charge-off ratio for consumer loans in the second quarter of 2026.
Capital generation Q2 2026 $229 million Capital generation for the Consumer and Insurance segment in Q2 2026, compared to $222 million a year earlier.
managed receivables financial
"Managed receivables, which includes loans serviced for our whole loan sale partners and auto finance loans"
Managed receivables are the customer invoices or IOUs a company actively controls through policies or outside services to speed up cash collection or shift risk—think of turning slow-paying tabs into quicker cash by using a payment plan, factoring, or tighter credit checks. Investors care because how receivables are managed affects a company’s cash flow, debt needs and the reliability of reported earnings, much like how quickly a household collects owed money determines its ability to pay bills.
net charge-off ratio financial
"Net charge-off ratio | | 7.77 | % | | 8.02 | % | | 7.19 | %"
The net charge-off ratio measures the portion of a lender’s loans that were written off as uncollectible after subtracting any later recoveries, divided by the average loan balance over the same period and shown as a percentage. It tells investors how many loans are effectively going bad — like the share of rotten fruit in a basket — and helps assess a lender’s credit quality, potential future losses and pressure on profits and reserves.
allowance for finance receivable losses financial
"the allowance for finance receivable losses increased $104 million driven by receivables growth"
A company's estimate of how much of its outstanding loans or financing it does not expect to collect, recorded as a reserve that reduces the reported value of those receivables. Think of it as a rainy-day fund set aside against customer defaults; a larger reserve signals higher expected losses and reduces reported earnings and assets, so investors watch it to judge credit risk, earnings quality, and the likely future cash the company will actually receive.
capital generation financial
"Capital generation was $229 million for the second quarter of 2026, compared to $222 million"
net leverage financial
"Net leverage (net adjusted debt to adjusted capital) | | 5.5x | | 5.4x"
Net leverage measures how many years it would take for a company to pay off its outstanding debt using its annual operating cash flow, after subtracting cash on hand from total debt. Think of it like a household’s mortgage balance minus savings divided by yearly income; a lower number means the company is in a safer position to handle debt, while a higher number signals greater financial risk and potential pressure on profits or growth.
adjusted tangible common equity financial
"Adjusted tangible common equity | | 1,857 | | 1,848 | | 1,859"
Net income $152 million down from $167 million in the prior-year quarter
Diluted EPS $1.32 down from $1.40 in the prior-year quarter
Total revenue $1.6 billion up from $1.5 billion in the prior-year quarter
Managed receivables $26.9 billion up from $25.2 billion at June 30, 2025
Capital generation $229 million up from $222 million in the prior-year quarter

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Understanding 8-K Material Events →

FAQ

What were OneMain Holdings (OMF) key earnings results for Q2 2026?
OneMain reported net income of $152 million and diluted EPS of $1.32 for Q2 2026, compared with $167 million and $1.40 a year earlier. Pretax income was $196 million, and total revenue reached $1.6 billion, including $1.4 billion of interest income.

What dividend did OneMain Holdings (OMF) declare for shareholders in Q2 2026?
The company declared a quarterly dividend of $1.05 per share, payable on August 14, 2026, to shareholders of record as of the close of business on August 10, 2026. This dividend applies to holders of OneMain’s common stock.

How did OneMain Holdings (OMF) loan portfolio and originations perform in Q2 2026?
Managed receivables were $26.9 billion at June 30, 2026, up 7% from $25.2 billion a year earlier. Consumer loan originations totaled $4.3 billion in Q2 2026, an increase from $3.9 billion in the prior-year quarter, reflecting growth across products.

What were OneMain Holdings (OMF) credit quality metrics in Q2 2026?
For consumer loans, the net charge-off ratio was 7.77% in Q2 2026. The 30+ day delinquency ratio was 5.17% and the 90+ day delinquency ratio was 2.15%, compared with 5.17% and 2.12%, respectively, in the prior-year quarter.

What is OneMain Holdings (OMF) capital generation and why is it important?
Capital generation was $229 million in Q2 2026, up from $222 million a year earlier. Management defines this non-GAAP metric as C&I adjusted net income excluding the after-tax change in the C&I allowance, while considering net charge-offs, to assess capital created for loss absorption.

How strong was OneMain Holdings (OMF) liquidity and leverage at June 30, 2026?
As of June 30, 2026, OneMain held $567 million in cash and cash equivalents, had $1.0 billion of undrawn corporate revolver capacity, $6.5 billion of undrawn conduit and credit card facilities, and $11.6 billion of unencumbered receivables, with principal debt of $23.1 billion.

Did OneMain Holdings (OMF) repurchase any shares during Q2 2026?
Yes. During Q2 2026, OneMain repurchased approximately 576 thousand shares of its common stock for $32 million. These buybacks reduced the diluted weighted average share count to 115.8 million from 119.4 million in the prior-year quarter.
0001584207FALSE00015842072026-07-292026-07-29



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

DATE OF REPORT (Date of earliest event reported): July 29, 2026

ONEMAIN HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
Delaware001-3612927-3379612
(State or other jurisdiction of incorporation)(Commission file number)(I.R.S. employer identification number)

601 N.W. Second Street, Evansville, IN 47708
(Address of principal executive offices) (Zip code)
(812) 424-8031
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered
Common Stock, par value $0.01 per shareOMFNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 2.02
Results of Operations and Financial Condition.
On July 29, 2026, OneMain Holdings, Inc. (the “Company”) issued a press release announcing the Company’s results for its fiscal quarter ended June 30, 2026. A copy of the Company’s press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference in its entirety.

The information disclosed under this Item 2.02, including Exhibit 99.1 hereto, is being furnished and shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, unless expressly set forth as being incorporated by reference into such filing.

Item 7.01
Regulation FD Disclosure.
On July 29, 2026, the Company issued a press release announcing that the Company declared a dividend of $1.05 per share payable on August 14, 2026 to record holders of our common stock as of the close of business on August 10, 2026. A copy of the Company’s press release is attached as Exhibit 99.1 hereto and incorporated herein by reference.

The information in the press release is being furnished, not filed, pursuant to this Item 7.01. Accordingly, the information in the press release will not be incorporated by reference into any registration statement filed by the Company under the Securities Act unless specifically identified therein as being incorporated therein by reference. The furnishing of the information in this Current Report with respect to the press release is not intended to, and does not, constitute a determination or admission by the Company that the information in this Current Report with respect to the press release is material or complete, or that investors should consider this information before making an investment decision with respect to any security of the Company.

Item 9.01
Financial Statements and Exhibits.
(d)     Exhibits.
Exhibit NumberDescription
99.1
Press Release issued July 29, 2026
104Cover Page Interactive Data File (embedded within the Inline XBRL document)




Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ONEMAIN HOLDINGS, INC.
(Registrant)
Date:July 29, 2026By:/s/ Jeannette E. Osterhout
Jeannette E. Osterhout
Executive Vice President and Chief Financial Officer






Exhibit 99.1

ONEMAIN HOLDINGS, INC. REPORTS SECOND QUARTER 2026 RESULTS
–2Q 2026 Diluted EPS of $1.32
–2Q 2026 C&I adjusted diluted EPS of $1.31
–2Q 2026 Managed receivables of $26.9 billion
–Declared quarterly dividend of $1.05 per share

New York, NY, July 29, 2026 - OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today reported pretax income of $196 million and net income of $152 million for the second quarter of 2026, compared to $214 million and $167 million, respectively, in the prior year quarter. Earnings per diluted share were $1.32 in the second quarter of 2026, compared to $1.40 in the prior year quarter.

On July 29, 2026, OneMain declared a quarterly dividend of $1.05 per share, payable on August 14, 2026, to record holders of the Company's common stock as of the close of business on August 10, 2026.

During the quarter, the Company repurchased approximately 576 thousand shares of common stock for $32 million.

“We delivered another strong quarter with disciplined underwriting, continued innovation and strong execution across the business,” said Doug Shulman, Chairman and CEO of OneMain. “Growth across all of our products, improving credit performance and our industry leading balance sheet position OneMain to deliver profitable growth and attractive returns going forward.”

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 $201 million and adjusted net income was $151 million for the second quarter of 2026, compared to $231 million and $173 million, respectively, in the prior year quarter. Adjusted earnings per diluted share were $1.31 for the second quarter of 2026, compared to $1.45 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 $229 million for the second quarter of 2026, compared to $222 million the prior year quarter. The increase was driven by receivable growth and yield improvement, partially offset by higher net charge-offs in the current quarter compared to the prior year period.

Managed receivables, which includes loans serviced for our whole loan sale partners and auto finance loans originated by third parties, were $26.9 billion at June 30, 2026, up 7% from $25.2 billion at June 30, 2025.

Consumer loan originations totaled $4.3 billion in the second quarter of 2026, up 10% from $3.9 billion in the prior year quarter.

Total revenue, comprising interest income and total other revenue, was $1.6 billion in the second quarter of 2026, up 6% from $1.5 billion in the prior year quarter. Interest income in the second 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 and improved portfolio yield.

Interest expense was $326 million in the second quarter of 2026, up 3% from $317 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 $610 million in the second quarter of 2026, up from $511 million compared to the prior year period. During the second quarter of 2026, the allowance for finance receivable losses increased $104 million driven by receivables growth.
1


C&I Select Delinquency and Loss RatiosJune 30, 2026March 31, 2026June 30, 2025
Consumer loans:
30+ delinquency ratio5.17 %5.37 %5.17 %
90+ delinquency ratio2.15 %2.53 %2.12 %
30-89 delinquency ratio3.02 %2.84 %3.05 %
Net charge-offs
7.77 %8.02 %7.19 %

Operating expense for the second quarter of 2026 was $439 million, up 6% from $415 million in the prior year quarter reflecting receivable growth and strategic investments in the business.

Funding and Liquidity

As of June 30, 2026, the Company had principal debt balances outstanding of $23.1 billion, 52% of which was secured. The Company had $567 million of cash and cash equivalents, which included $171 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 $1.0 billion of undrawn committed capacity from an unsecured corporate revolver, $6.5 billion of undrawn committed capacity under revolving conduit facilities and credit card variable funding note facilities, and $11.6 billion of unencumbered receivables, provides significant liquidity resources.

Conference Call & Webcast Information

OneMain 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 Wednesday, July 29, 2026. Both the call and webcast are open to the general public. The general public is invited to listen to the call by dialing 877-407-0792 (U.S. domestic) or 201-689-8263 (international), and using conference ID 13761044, 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 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.


2


Use of Non-GAAP Financial Measures

We 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.
3


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.
4


OneMain Holdings, Inc.
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
Quarter EndedFiscal Year
(unaudited, $ in millions, except per share amounts)Jun 30,
2026		Mar 31,
2026		Dec 31,
2025		Sep 30,
2025		Jun 30,
2025		20252024
Interest income$1,417$1,387$1,416$1,392$1,339$5,455$4,993
Interest expense(326)(322)(323)(320)(317)(1,272)(1,185)
Net interest income1,0911,0651,0931,0721,0224,1833,808
Provision for finance receivable losses(610)(465)(542)(488)(511)(1,997)(2,040)
Net interest income after provision for finance receivable losses4816005515845112,1861,768
Insurance112112113112111445445
Investment252322262498108
Gain on sales of finance receivables16161417176423
Net loss on repurchases and repayments of debt
(1)(3)(1)(39)(21)(67)(34)
Other
5549454745180153
Total other revenues207197193163176720695
Operating expenses(448)(449)(447)(436)(419)(1,707)(1,607)
Insurance policy benefits and claims(44)(52)(48)(48)(54)(198)(189)
Total other expenses(492)(501)(495)(484)(473)(1,905)(1,796)
Income before income taxes1962962492632141,001667
Income taxes
(44)(70)(45)(64)(47)(218)(158)
Net income$152$226$204$199$167$783$509
Weighted average number of diluted shares115.8117.3118.3119.4119.4119.3120.1
Diluted EPS$1.32$1.93$1.72$1.67$1.40$6.56$4.24
Book value per basic share$29.40$29.21$29.01$28.53$27.99$29.01$26.74
Return on assets2.3%3.4%3.0%3.0%2.5%2.9%2.0%
Change in allowance for finance receivable losses$(104)$46$(50)$(61)$(66)$(160)$(194)
Net charge-offs(506)(511)(492)(427)(445)(1,837)(1,846)
Provision for finance receivable losses$(610)$(465)$(542)$(488)$(511)$(1,997)$(2,040)
Note:
Quarters may not sum to fiscal year due to rounding.
5


OneMain Holdings, Inc.
CONSOLIDATED BALANCE SHEETS (UNAUDITED)
As of
(unaudited, $ in millions)Jun 30,
2026		Mar 31,
2026		Dec 31,
2025		Sep 30,
2025		Jun 30,
2025
Assets
Cash and cash equivalents$567$834$914$658$769
Investment securities1,6491,6141,5901,6571,683
Net finance receivables25,14524,44724,83324,46523,870
Unearned insurance premium and claim reserves(792)(771)(791)(783)(764)
Allowance for finance receivable losses(2,923)(2,819)(2,865)(2,815)(2,754)
Net finance receivables, less unearned insurance premium and claim reserves and allowance for finance receivable losses21,43020,85721,17720,86720,352
Restricted cash and restricted cash equivalents738728699748742
Goodwill1,4741,4741,4741,4741,474
Other intangible assets279281282284285
Other assets
1,2871,2301,2521,2971,323
Total assets$27,424$27,018$27,388$26,985$26,628
Liabilities and Shareholders’ Equity
Long-term debt$22,769$22,396$22,694$22,338$22,053
Insurance claims and policyholder liabilities552566576578579
Deferred and accrued taxes1655354218
Other liabilities704624682649652
Total liabilities24,04123,64123,98723,60723,302
Common stock11111
Additional paid-in capital1,7581,7501,7571,7501,745
Accumulated other comprehensive loss
(54)(53)(41)(47)(51)
Retained earnings2,7102,6802,5792,5002,425
Treasury stock(1,032)(1,001)(895)(826)(794)
Total shareholders’ equity3,3833,3773,4013,3783,326
Total liabilities and shareholders’ equity$27,424$27,018$27,388$26,985$26,628
6


OneMain Holdings, Inc.
CONSOLIDATED KEY FINANCIAL METRICS (UNAUDITED)
As of
(unaudited, $ in millions)Jun 30,
2026		Mar 31,
2026		Dec 31,
2025		Sep 30,
2025		Jun 30,
2025
Liquidity
Cash and cash equivalents$567$834$914$658$769
Cash and cash equivalents unavailable for general corporate purposes171155176251185
Unencumbered receivables
11,62511,40911,83710,8679,709
Undrawn conduit facilities5,7995,8745,9995,9995,999
Undrawn corporate revolver1,0251,1001,0751,0751,125
Undrawn credit card revolving variable funding note facilities
700500400400400
Drawn conduit facilities11111
Net adjusted debt$22,200$21,545$21,783$21,758$21,297
Total Shareholders’ equity
$3,383$3,377$3,401$3,378$3,326
Accumulated other comprehensive loss5453414751
Goodwill(1,474)(1,474)(1,474)(1,474)(1,474)
Other intangible assets(279)(281)(282)(284)(285)
Junior subordinated debt173173173172172
Adjusted tangible common equity
1,8571,8481,8591,8391,790
Allowance for finance receivable losses, net of tax *
2,1922,1142,1492,1112,065
Adjusted capital$4,049$3,962$4,008$3,950$3,855
Net leverage (net adjusted debt to adjusted capital)5.5x5.4x5.4x5.5x5.5x
    
*
Income taxes assume a 25% tax rate.


7


OneMain Holdings, Inc.
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (UNAUDITED)
Quarter EndedFiscal Year
(unaudited, $ in millions)Jun 30,
2026		Mar 31,
2026		Dec 31,
2025		Sep 30,
2025		Jun 30,
2025		20252024
Consumer & Insurance$194$293$247$261$211$988$707
Other(1)——(2)(1)(4)(1)
Segment to GAAP adjustment3324417(39)
Income before income taxes - GAAP basis$196$296$249$263$214$1,001$667
​
Consumer & Insurance pretax income$194$293$247$261$211$988$707
Net loss on repurchases and repayments of debt13—39206533
Restructuring charges5712—429
Other (1)
1221—— %313
Consumer & Insurance adjusted pretax income (non-GAAP)$201$305$250$303$231$1,060$782
​
Reconciling items (2)
$(4)$(9)$(1)$(38)$(16)$(55)$(114)
Consumer & Insurance$25,157$24,463$24,853$24,490$23,901$24,853$23,598
Segment to GAAP adjustment(12)(16)(20)(25)(31)(20)(44)
Net finance receivables - GAAP basis$25,145$24,447$24,833$24,465$23,870$24,833$23,554
Consumer & Insurance$2,925$2,821$2,868$2,818$2,758$2,868$2,710
Segment to GAAP adjustment(2)(2)(3)(3)(4)(3)(5)
Allowance for finance receivable losses - GAAP basis$2,923$2,819$2,865$2,815$2,754$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.
8


OneMain Holdings, Inc.
CONSUMER & INSURANCE SEGMENT (UNAUDITED) (Non-GAAP)
Quarter EndedFiscal Year
(unaudited, in millions, except per share amounts)Jun 30,
2026		Mar 31,
2026		Dec 31,
2025		Sep 30,
2025		Jun 30,
2025		20252024
Interest income$1,413$1,383$1,411$1,386$1,333$5,432$4,965
Interest expense(326)(322)(323)(320)(317)(1,270)(1,181)
Net interest income1,0871,0611,0881,0661,0164,1623,784
Provision for finance receivable losses(610)(465)(542)(488)(511)(1,999)(1,981)
Net interest income after provision for finance receivable losses4775965465785052,1631,803
Insurance112112113112111445445
Investment252322262498108
Gain on sales of finance receivables16161417176423
Other
5447464543175146
Total other revenues207198195200195782722
Operating expenses(439)(437)(443)(427)(415)(1,687)(1,554)
Insurance policy benefits and claims(44)(52)(48)(48)(54)(198)(189)
Total other expenses(483)(489)(491)(475)(469)(1,885)(1,743)
Adjusted pretax income (non-GAAP)2013052503032311,060782
Income taxes *
(50)(76)(62)(76)(58)(265)(195)
Adjusted net income (non-GAAP)$151$229$188$227$173$795$587
Weighted average number of diluted shares115.8117.3118.3119.4119.4119.3120.1
C&I adjusted diluted EPS
$1.31$1.95$1.59$1.90$1.45$6.66$4.89
Note:
Quarters may not sum to fiscal year due to rounding.
*
Income taxes assume a 25% tax rate.

9


OneMain Holdings, Inc.
CONSUMER & INSURANCE SEGMENT METRICS (UNAUDITED)
Quarter EndedFiscal Year
(unaudited, $ in millions)Jun 30,
2026		Mar 31,
2026		Dec 31,
2025		Sep 30,
2025		Jun 30,
2025		20252024
Net finance receivables - personal loans$21,329$20,918$21,430$21,225$20,814$21,430$20,833
Net finance receivables - auto finance
2,6842,5622,4872,4312,3352,4872,122
Net finance receivables - consumer loans
24,01323,48023,91723,65623,14923,91722,955
Net finance receivables - credit cards1,144983936834752936643
Net finance receivables$25,157$24,463$24,853$24,490$23,901$24,853$23,598
Allowance for finance receivable losses$2,925$2,821$2,868$2,818$2,758$2,868$2,710
Allowance ratio11.63%11.53%11.54%11.51%11.54%11.54%11.48%
Net finance receivables25,15724,46324,85324,49023,90124,85323,598
Finance receivables serviced for others1,7021,5881,4581,3951,3161,4581,141
Managed receivables$26,859$26,051$26,311$25,885$25,217$26,311$24,739
Average net finance receivables - personal loans$21,063$21,168$21,404$21,045$20,637$20,937$20,301
Average net finance receivables - auto finance
2,6212,5152,4622,3902,2782,3241,662
Average net finance receivables - consumer loans
23,68423,68323,86623,43522,91523,26121,963
Average net finance receivables - credit cards1,065962879803719767477
Average net receivables24,74924,64524,74524,23823,63424,02822,440
Average receivables serviced for others1,6571,5401,4341,3661,2851,3201,113
Average managed receivables$26,406$26,185$26,179$25,604$24,919$25,348$23,553
Note:
Consumer & Insurance financial information is presented on an adjusted Segment Accounting Basis. Amounts may not sum due to rounding.
10


OneMain Holdings, Inc.
CONSUMER & INSURANCE KEY METRICS (UNAUDITED) (Non-GAAP)
Quarter EndedFiscal Year
(unaudited, in millions)Jun 30,
2026		Mar 31,
2026		Dec 31,
2025		Sep 30,
2025		Jun 30,
2025		20252024
Adjusted pretax income (non-GAAP)$201$305$250$303$231$1,060$782
Provision for finance receivable losses6104655424885111,9991,981
Net charge-offs(506)(512)(492)(428)(446)(1,841)(1,849)
Change in C&I allowance for finance receivable losses (non-GAAP)104(47)506065158132
Pretax capital generation (non-GAAP)3052583003632961,218914
Capital generation, net of tax* (non-GAAP)
$229$194$225$272$222$913$685
C&I average net receivables$24,749$24,645$24,745$24,238$23,634$24,028$22,440
Capital generation return on receivables (non-GAAP)
3.7%3.2%3.6%4.5%3.8%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.

11


OneMain Holdings, Inc.
CONSUMER & INSURANCE CONSUMER LOANS METRICS (UNAUDITED)
Quarter EndedFiscal Year
(unaudited, $ in millions)Jun 30,
2026		Mar 31,
2026		Dec 31,
2025		Sep 30,
2025		Jun 30,
2025		20252024
Gross charge-offs$572$567$540$480$496$2,043$2,080
Recoveries(113)(98)(86)(86)(85)(342)(307)
Net charge-offs$459$469$454$394$411$1,701$1,773
Gross charge-off ratio
9.70%9.70%8.98%8.13%8.68%8.78%9.34%
Recovery ratio(1.92%)(1.68%)(1.42%)(1.45%)(1.49%)(1.47%)(1.39%)
Net charge-off ratio
7.77%8.02%7.56%6.67%7.19%7.31%7.94%
Average net receivables$23,684$23,683$23,866$23,435$22,915$23,261$21,963
Yield22.7%22.5%22.5%22.6%22.6%22.5%22.1%
Origination volume
$4,316$3,104$3,609$3,889$3,907$14,427$13,321
30+ delinquency$1,241$1,260$1,399$1,312$1,197$1,399$1,322
90+ delinquency$516$594$596$556$491$596$579
30-89 delinquency$725$666$803$756$706$803$743
30+ delinquency ratio5.17%5.37%5.85%5.55%5.17%5.85%5.76%
90+ delinquency ratio2.15%2.53%2.49%2.35%2.12%2.49%2.52%
30-89 delinquency ratio3.02%2.84%3.36%3.20%3.05%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.
12


Defined Terms
•Adjusted capital: adjusted tangible common equity plus allowance for finance receivable losses (ALLL), net of tax
•Adjusted tangible common equity (TCE): total shareholders’ equity less accumulated other comprehensive loss less goodwill less other intangible assets plus junior subordinated debt
•Auto finance: financing at the point of purchase through a network of auto dealerships
•Available cash and cash equivalents: cash and cash equivalents less cash and cash equivalents held at our regulated insurance subsidiaries or is unavailable for general corporate purposes
•Average total assets: average of monthly average total assets (total assets at the beginning and end of each month divided by two) in the period
•C&I adjusted diluted EPS: C&I adjusted net income (non-GAAP) / weighted average diluted shares
•Capital generation: C&I adjusted net income less change in C&I allowance for finance receivable losses, net of tax
•Capital generation return on receivables*: annualized capital generation / C&I average net receivables
•Consumer loans: personal loans and auto finance
•Finance receivables serviced for others: unpaid principal balance plus accrued interest of loans sold as part of our whole loan sale program plus auto finance loans originated by third parties.
•Gross charge-off ratio*: annualized gross charge-offs / average net receivables
•Managed receivables: C&I net finance receivables plus finance receivables serviced for our whole loan sale partners plus auto finance loans originated by third parties
•Net adjusted debt: long-term debt less junior subordinated debt less available cash and cash equivalents
•Net charge-off ratio*: annualized net charge-offs / average net receivables
•Net leverage: net adjusted debt / adjusted capital
•Opex ratio: annualized C&I operating expenses / average managed receivables
•Origination volume: loans originated during the period, including those originated and sold to our whole loan sale partners that we continue to service
•Other net revenue: other revenues less insurance policy benefits and claims expense
•Personal loans: loans secured by automobiles, other collateral or are unsecured and offered through our branch network, central operations, or digital platform
•Pretax capital generation: C&I pretax adjusted net income less change in C&I allowance for finance receivable losses
•Purchase volume: credit card purchase transactions plus cash advances less returns
•Return on assets (ROA): annualized net income / average total assets
•Return on receivables (C&I ROR): annualized C&I adjusted net income / C&I average net receivables
•Total revenue: C&I interest income plus C&I total other revenue
•Unencumbered 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.
13




OneMain Holdings, Inc.

Investor Contact:
Peter R. Poillon, 212-359-2432
peter.poillon@omf.com

Media Contact:
Kelly Ogburn, 410-537-9028
kelly.ogburn@omf.com
Source: OneMain Holdings, Inc.

14

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

4 documents

Press Releases

Other Documents