OneMain Holdings

OneMain reported adjusted earnings per share of $1.95 (expectation $1.89), while revenue of $1.26 billion slightly missed analysts’ estimate of $1.28 billion. Managed receivables rose to $26.1 billion, driven by strong growth in the BrightWay credit card (+45% to $983 million) and the auto-finance portfolio (+14% to $2.85 billion). Management emphasizes product diversification and conservative underwriting but notes higher net charge-offs (8.0%) and slightly increased operating expenses. OneMain announced buybacks and a regular dividend and reaffirmed its 2026 targets despite moderate risks. » Mere på de.investing.com

OneMain is expected to announce results for the quarter ended March 31, 2026 on May 1, 2026. On average, 15 analysts forecast earnings per share of $1.89 (prior year $1.78), while 9 analysts see quarterly revenue averaging $1.28 billion (prior year $1.50 billion). For the current fiscal year, analysts’ estimates are $7.37 EPS and about $5.34 billion in revenue versus $6.56 and $6.24 billion in the prior year. » Mere på finanzen.net

At the Bank of America Financial Services Conference OneMain emphasized its conservative lending, a diversified funding strategy with bank credit lines of more than USD 7 billion and a liquidity runway of about two years. The company requires a minimum return of 20% ROE for loans and, since 2022, applies a 30% stress add‑on to loss estimates, and plans share buybacks of USD 1 billion through 2028; the dividend yield is around 7%. Operationally, OneMain is focused on an omni‑channel approach, expanding its auto‑loan business, growing its credit‑card portfolio and exploring strategic M&A options, while a potential interest‑rate cap of 10% is not viewed as a decisive threat. » Mere på de.investing.com