OneMain Holdings, Inc. Q1 2026 Earnings Release

OneMain Holdings, Inc. reported strong first quarter 2026 results, with diluted EPS of $1.93, up from $1.78 in the prior year quarter. Net income was $226 million on pretax income of $296 million. The company declared a quarterly dividend of $1.05 per share. Managed receivables increased by 6% to $26.1 billion, and total revenue grew by 6% to $1.6 billion, driven by receivables growth. Consumer loan originations also saw a 3% increase. The company repurchased approximately 1.9 million shares for $105 million. Delinquency and net charge-off ratios remained relatively stable. The company highlighted its strong liquidity position with significant cash, undrawn capacity, and unencumbered receivables.