OneMain Reports EPS of $1.60 and Net Income of $185 Million in Third Quarter
Key Facts
OneMain Holdings reported net income of $185 million in the third quarter of 2026, compared with $199 million in the same period a year earlier, according to the results release published via PR Newswire. Diluted earnings per share were $1.60, compared with $1.67 in the third quarter of 2025. The company also reported pretax income of $233 million, compared with $263 million a year earlier. The company released its results before the market opened on Friday, October 30, 2026. That places the previous session's close for its shares, at $59.34 on October 29, before the announcement; it does not represent the market's reaction to the results.
The year-over-year comparison shows declines in both net income and diluted earnings per share in the third quarter, along with a decrease in pretax income. Adjusted diluted earnings per share for the consumer and insurance segment were $1.51 in the third quarter of 2026, according to the company. That figure provides an adjusted measure for the segment alongside the company's reported diluted earnings per share overall. The results release lists net income of $185 million, compared with $199 million in the year-earlier period, and pretax income of $233 million, compared with $263 million. These metrics put the quarter's earnings in the context of the annual comparison, without the available facts attributing the decline to a specific cause.
On the business-volume side, managed receivables stood at $28.1 billion in the third quarter of 2026, according to OneMain's release. That figure came as net income and earnings per share fell from the same quarter a year earlier, highlighting a divergence between managed receivables and profit measures during the period. The company's revenue was $1.6 billion in the second quarter of 2026, up 6% from $1.5 billion in the second quarter of 2025, Nasdaq reported, citing the company's release. These figures provide revenue context for the previous quarter but do not represent third-quarter revenue. In the second-quarter release, Chief Executive Doug Shulman said the company delivered a "strong quarter through disciplined underwriting, continued innovation and strong execution across the company’s businesses."
OneMain announced a quarterly cash dividend of $1.05 per share, according to its third-quarter results release. The release specifies the announced dividend amount without describing it as ongoing or consistent with previous distributions. The announcement came alongside quarterly results that included net income of $185 million and diluted earnings per share of $1.60. The company's disclosure therefore combined its results for the period with the announcement of a cash distribution to shareholders. The available facts did not include an ex-dividend date or payment date.
In loan-quality data published for the second quarter, the share of consumer loans more than 30 days past due was 5.17% as of June 30, 2026, the same rate recorded on June 30, 2025, according to the results table cited by Nasdaq. This comparison provides background on a delinquency measure before the third quarter; it is not a new reading for the period covered by the results the company announced on October 30. Third-quarter results were released before the market opened that day, while the closing price of $59.34 was recorded for the October 29 session. That price therefore does not include any share movement after the results were released. The available facts did not cite a specific subsequent date from the company for the results or dividend.