OneMain Holdings, Inc. filed an 8-K earnings release on October 30, 2026, reporting third-quarter 2026 financial results including diluted EPS of $1.60, managed receivables of $28.1 billion, and a declared quarterly dividend of $1.05 per share.

Key Highlights

  • Diluted EPS of $1.60 for Q3 2026, down from $1.67 in the prior year quarter, according to the filing.
  • Net income of $185 million for Q3 2026, compared to $199 million in the prior year quarter.
  • Managed receivables of $28.1 billion at September 30, 2026, up 9% from $25.9 billion at September 30, 2025.
  • Consumer loan originations of $4.5 billion in Q3 2026, up 17% from $3.9 billion in the prior year quarter.
  • Quarterly dividend of $1.05 per share declared on October 30, 2026, payable November 13, 2026, to holders of record as of November 9, 2026.
  • Share repurchases of approximately 538 thousand shares for $34 million during the quarter.
  • C&I adjusted diluted EPS of $1.51 for Q3 2026, compared to $1.90 in the prior year quarter.

OneMain Holdings Q3 2026 Earnings: Revenue, Credit Quality, and Liquidity Details

OneMain Holdings (NYSE:OMF) reported pretax income of $233 million and net income of $185 million for the third quarter of 2026, according to the filing. This compares to pretax income of $263 million and net income of $199 million in the prior year quarter. Total revenue, comprising interest income and total other revenue, was $1.7 billion in Q3 2026, up 7% from $1.6 billion in the prior year quarter. Interest income was $1.5 billion, also up 7% from $1.4 billion, with the increase attributed to receivables growth.

The provision for finance receivable losses was $615 million in Q3 2026, up from $488 million in the prior year period. The filing noted that the allowance for finance receivable losses increased $146 million during the quarter, driven by receivables growth. Interest expense was $345 million, up 8% from $320 million in the prior year quarter, attributed to an increase in average debt and a higher average cost of funds. Operating expense was $453 million, up 6% from $427 million, reflecting receivables growth and what the filing described as "strategic investments in the business." The Consumer and Insurance segment reported capital generation of $284 million for Q3 2026, compared to $272 million in the prior year quarter.

On credit quality, the filing reported that the 30-plus delinquency ratio for consumer loans stood at 5.34% as of September 30, 2026, compared to 5.55% at September 30, 2025. The net charge-off rate was 6.89% for Q3 2026, compared to 6.67% in the prior year quarter. As of September 30, 2026, the company reported principal debt balances outstanding of $24.4 billion, with 52% secured, and cash and cash equivalents of $936 million. The filing also noted $1.0 billion of undrawn committed capacity from an unsecured corporate revolver, $6.5 billion of undrawn committed capacity under revolving conduit and credit card variable funding note facilities, and $12.3 billion of unencumbered receivables.

What Was Disclosed

OneMain Holdings disclosed Q3 2026 earnings results including net income, EPS, managed receivables, loan originations, credit quality metrics, funding and liquidity positions, a share repurchase update, and a declared quarterly dividend of $1.05 per share.