OneMain (NYSE:OMF) Announces Quarterly Earnings Results, Beats Expectations By $0.09 EPS

03 May 2026, 08:12 by Scott Moore · The Cerbat Gem

OneMain (NYSE:OMF – Get Free Report) posted its quarterly earnings results on Friday. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.09, Briefing.com reports. OneMain had a net margin of 14.35% and a return on equity of 23.76%. The business had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter last year, the firm posted $1.72 EPS. OneMain’s revenue was up 6.7% compared to the same quarter last year.

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

OneMain reported solid first-quarter results with C&I adjusted EPS $1.95 (+13% YoY), GAAP EPS $1.93 (+8% YoY), revenue and receivables each up ~6% YoY, capital generation $194M, and management reiterated full‑year 2026 targets (managed receivables +6–9%, C&I net charge‑offs 7.4%–7.9%, OPEX ratio ≈6.6%).
Credit is mixed — early delinquencies improved but a small “back book” (~5% of portfolio) now represents ~14% of 30+ delinquencies and is running roughly 2x expected delinquency, a headwind management expects to fade as vintages burn off.
Newer businesses are scaling — auto receivables +14% YoY to $2.8B and credit card receivables +45% YoY to ~ $1B with cards now profitable and yielding ~33.9%, which management says will drive future revenue but will add loss/reserve pressure as the portfolio grows.
Funding and capital position remain strong — executed an $850M 3‑year ABS at 4.63%, maintain $7.5B in bank lines, net leverage 5.4x (inside 4–6x target), paid $105M in buybacks in Q1 and continue a $4.20 annual dividend, signaling continued shareholder returns.

OneMain Price Performance

NYSE OMF opened at $56.64 on Friday. The stock has a market capitalization of $6.64 billion, a price-to-earnings ratio of 8.43, a PEG ratio of 0.41 and a beta of 1.27. OneMain has a one year low of $45.78 and a one year high of $71.93. The business’s fifty day moving average is $55.12 and its 200-day moving average is $60.11.

OneMain Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Monday, May 11th will be paid a dividend of $1.05 per share. This represents a $4.20 dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Monday, May 11th. OneMain’s payout ratio is presently 63.93%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Barclays dropped their price objective on OneMain from $71.00 to $62.00 and set an “equal weight” rating on the stock in a research note on Monday, April 6th. BTIG Research restated a “neutral” rating on shares of OneMain in a research note on Thursday, April 16th. Evercore set a $55.00 price objective on OneMain in a research note on Tuesday, March 17th. Royal Bank Of Canada raised their price objective on OneMain from $70.00 to $73.00 and gave the company an “outperform” rating in a research note on Friday, February 6th. Finally, Wells Fargo & Company dropped their price objective on OneMain from $70.00 to $65.00 and set an “equal weight” rating on the stock in a research note on Thursday, April 9th. Seven research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $67.44.

View Our Latest Stock Analysis on OMF

Key Stories Impacting OneMain

Here are the key news stories impacting OneMain this week:

Positive Sentiment: EPS and revenue beat consensus — Q1 adjusted EPS ~$1.95 beat estimates and revenue came in above expectations, signaling continued profitability and margin strength. Press Release — Q1 Results
Positive Sentiment: Board declared a $1.05 quarterly dividend (ex-dividend May 11; yield ~7.4%), which supports income investors and can underpin the share price for yield‑oriented holders. PR Newswire — Dividend & Results
Neutral Sentiment: Market writeups and the earnings snapshot provide varied framing — some outlets describe sales as “in line” with estimates, which may temper enthusiasm despite the beat. Yahoo Finance — Q1 Sales In Line
Neutral Sentiment: Full earnings call transcript and slide deck are available for detail on loan portfolio trends, credit performance and capital deployment; investors should review management commentary for forward signals. Seeking Alpha — Earnings Call Transcript
Negative Sentiment: Some analysts and commentary emphasized modest top‑line growth (revenue up ~6.7% Y/Y) or framed results as mixed, and technicals may be pressuring the stock — the shares are trading below the 200‑day moving average, which can prompt short‑term selling by technical traders. Zacks — Key Metrics vs Estimates

Insider Activity at OneMain

In other news, COO Micah R. Conrad sold 5,000 shares of OneMain stock in a transaction on Friday, April 17th. The stock was sold at an average price of $60.00, for a total transaction of $300,000.00. Following the sale, the chief operating officer directly owned 101,250 shares in the company, valued at $6,075,000. The trade was a 4.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.40% of the stock is owned by insiders.

Institutional Investors Weigh In On OneMain

A number of hedge funds have recently made changes to their positions in the business. Corient Private Wealth LLC raised its stake in shares of OneMain by 145.4% during the 4th quarter. Corient Private Wealth LLC now owns 69,722 shares of the financial services provider’s stock worth $4,710,000 after purchasing an additional 41,312 shares during the period. Mercer Global Advisors Inc. ADV raised its stake in shares of OneMain by 38.2% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 51,645 shares of the financial services provider’s stock worth $3,489,000 after purchasing an additional 14,278 shares during the period. Mackenzie Financial Corp raised its stake in shares of OneMain by 3.2% during the 4th quarter. Mackenzie Financial Corp now owns 23,038 shares of the financial services provider’s stock worth $1,563,000 after purchasing an additional 721 shares during the period. NewEdge Advisors LLC raised its stake in OneMain by 10.6% in the 4th quarter. NewEdge Advisors LLC now owns 9,269 shares of the financial services provider’s stock valued at $626,000 after acquiring an additional 891 shares during the period. Finally, SummitTX Capital L.P. raised its stake in OneMain by 107.7% in the 4th quarter. SummitTX Capital L.P. now owns 18,445 shares of the financial services provider’s stock valued at $1,246,000 after acquiring an additional 9,563 shares during the period. 85.82% of the stock is currently owned by institutional investors.

About OneMain

(Get Free Report)

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.