OneMain Q1 profit rises on receivables growth

OneMain Holdings

01/05/2026 11:43

Overview

US nonprime lender's Q1 diluted EPS rose yr/yr to $1.93

Q1 net income increased to $226 mln from $213 mln a year ago

Company repurchased about 1.9 mln shares for $105 mln in Q1

Outlook

Company did not provide specific financial guidance for the current quarter or full year in press release

Result Drivers

RECEIVABLES GROWTH - Co said higher managed receivables drove increases in revenue and interest income

STRATEGIC INVESTMENTS - Operating expenses rose due to receivable growth and strategic investments in the business

Company press release: ID:nPn4JMTq3a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
$1.93
Q1 Net Income
$226 mln
Q1 Net Interest Income
$1.07 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 5 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the consumer lending peer group is "buy"

Wall Street's median 12-month price target for OneMain Holdings Inc is $68.00, about 15.7% above its April 30 closing price of $58.77

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 8 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)