Quarterly ResultMay 1, 2026, 04:47 PM
OneMain Q1 Net Income $226M; EPS $1.93
AI Summary
OneMain Holdings, Inc. reported a net income of $226 million for the first quarter of 2026, an increase from $213 million in the same period last year. Diluted earnings per share rose to $1.93 from $1.78. The company saw an increase in interest income and net interest income, though the provision for finance receivable losses also increased. Additionally, OneMain repurchased $107 million in common stock and declared $125 million in cash dividends.
Key Highlights
- Net income for Q1 2026 was $226 million, up from $213 million in Q1 2025.
- Diluted earnings per share for Q1 2026 was $1.93, up from $1.78 in Q1 2025.
- Interest income increased to $1,387 million in Q1 2026 from $1,308 million in Q1 2025.
- Net interest income rose to $1,065 million in Q1 2026 from $996 million in Q1 2025.
- Provision for finance receivable losses was $465 million in Q1 2026, compared to $456 million in Q1 2025.
- Common stock repurchases totaled $107 million in Q1 2026, significantly up from $16 million in Q1 2025.
- Cash dividends declared were $125 million ($1.05 per share) in Q1 2026.
- Net finance receivables decreased to $24,447 million at March 31, 2026, from $24,833 million at December 31, 2025.