OneMain Holdings, Inc. (OMF) Earnings Call Transcripts
OneMain Holdings, Inc.'s Latest Earnings Call - Q1 FY2026
In the first quarter of 2026, OneMain Holdings, Inc. reported total revenue of $1.6 billion, reflecting a 6% increase year-over-year, while adjusted earnings per share (EPS) rose 13% to $1.95. The company maintained its conservative underwriting posture, achieving capital generation of $194 million. Management reiterated its guidance for 2026, expecting managed receivables growth of 6% to 9% and C&I net charge-offs in the range of 7.4% to 7.9%. These results indicate a solid start to the year, positioning the company well for continued growth despite macroeconomic uncertainties.
Reported metrics
| Metric | Value |
|---|---|
| Total Revenue | $1.6B (beat) |
| Adjusted EPS | $1.95 (beat) |
| Capital Generation | $194M (inline) |
| C&I Net Charge-Offs | 8.4% (inline) |
| Consumer Loan Yield | 22.5% (positive) |
| Credit Card Receivables | $1B (positive) |
Guidance from management
Management reiterated its 2026 guidance, expecting managed receivables growth of 6% to 9% and C&I net charge-offs in the range of 7.4% to 7.9%. They expressed confidence in achieving these targets despite economic uncertainties.
What management said
No updates this quarter. The process continues to move forward. Timing is uncertain, but we remain optimistic because we continue to believe we have a very strong case for approval. We're having constructive dialogues with the FDIC and the Utah Department of Financial Institutions. So we're optimistic and we'll keep folks posted as things evolve.
Moshe, it's Jenny. This quarter, we saw that back book represent about 5% of the portfolio, and it contributed 14% to that 30-plus delinquency. Those loans are continuing to go delinquent at about a 2x higher rate than we would have expected so I think what gives us the confidence there is that our loans typically are about 5 years. And that gives you a sense that as those loans get older and we start to see them bur...
What analysts pressed on
Analysts expressed concerns regarding the competitive environment for personal loans and the impact of rising oil prices on consumer credit quality. There were questions about the company's ability to maintain credit performance amidst these challenges.
Main topics on the call
- Revenue Growth — OneMain reported total revenue of $1.6 billion, up 6% year-over-year. Management stated, 'We delivered revenue growth, credit performance and capital generation in the quarter that was right in line with our expectations...
- Credit Performance — The company reported strong credit metrics, with 30 to 89-day delinquency at 2.62%, down 1 basis point year-over-year. Management noted, 'Credit performance was very good and continues to track well against our expectati...
- Capital Generation — Capital generation totaled $194 million in the quarter, maintaining the company's strong financial position. Management expressed confidence, stating, 'We expect continued capital generation growth this year and beyond.'
- Credit Card Business Growth — The credit card business saw receivables increase by 45% year-over-year, reaching nearly $1 billion. Management highlighted, 'We saw growth in both account openings and receivables as our increased customer engagement co...
Read the full OneMain Holdings, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About OneMain Holdings, Inc.
OneMain Holdings, Inc. (OMF) is a publicly listed company in the Consumer Finance industry, within the Financials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 44 calls on record spanning February 11, 2020 to September 15, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 44 OneMain Holdings, Inc. earnings call transcripts on record, spanning February 11, 2020 to September 15, 2026. Based on this history, OneMain Holdings, Inc. reports quarterly. The most recent call on file is dated September 15, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- OMF
- Exchange
- NYSE
- Country
- US
- Sector
- Financials
- Industry
- Consumer Finance
- Calls on record
- 44
- First call
- February 11, 2020
- Most recent
- September 15, 2026
- Reporting cadence
- quarterly