Onemain Holdings, Inc. · NYSE:OMF
Onemain — Q2 2026 Earnings Presentation
18 slides from Onemain's earnings presentation, Jul 29, 2026
Slide 1: 2Q26 Financial Results
2Q26 Financial Results NYSE: OMF | July 29, 2026
Slide 2: Important Information
Important Information The following slides are part of a presentation by OneMain Holdings, Inc. (the "Company") in connection with reporting quarterly financial results and are intended to be viewed as part of that presentation. No representation is made that the information in these slides is compl
Slide 3: OneMain Customers
Our Vision is to be the Lender of Choice for the Nonprime Consumer Meet their Progress to a needs today better future Unsecured loans OneMain Financial wellness Secured loans Customers Insurance Auto finance Bill negotiation Credit cards 3
Slide 4: 2Q26 Financial Highlights
2Q26 Financial Highlights $26.9 billion $229 million $1.31 Managed Receivables* Capital Generation* C&I Adjusted Diluted EPS* Up 7% YoY Up 3% YoY $3.0 billion $1.6 billion $1.1 billion Auto Managed Receivables* C&I Total Revenue* ABS Issuance 3-year revolver at 5.14% $1.1 billion 8.2% $1.05 per shar
Slide 5: 2Q26 Financial Results
2Q26 Financial Results ($ in millions, except Average Assets and Average Net Receivables in billions, and per share statistics) Earnings Summary C&I* Adjusted Earnings Summary 2Q26 1Q26 2Q25 2Q26 1Q26 2Q25 Consumer & Insurance* $201 $305 $231 Interest Income $1,413 $1,383 $1,333 Other Net Revenue 16
Slide 6: Originations & Receivables (C&I)
Originations & Receivables (C&I)* ($ in billions) Consumer Loan Originations Highlights $4.3 • $4.3 billion in 2Q26, up 10% YoY, with conservative credit posture $3.9 $3.9 $3.6 $3.0 $3.1 • Growth driven by personal loan product innovation and auto finance 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 Managed Receiv
Slide 7: 2Q26 Credit Card and Auto Highlights
2Q26 Credit Card and Auto Highlights ($ in millions) Everyday transactions Financing at the point of purchase • Digital-first offering that rewards good • Deep experience in secured lending, credit behavior best-in-class capabilities and strong credit performance • Targeted and disciplined rollout •
Slide 8: Consumer Loan Delinquency Trends (C&I)
Consumer Loan Delinquency Trends (C&I)*1 ($ in millions) Highlights 30-89 Days Delinquent $706 $674 • 30-89 delinquency of 2.82%, down 7bps YoY $636 $643 $568 $586 • 30+ delinquency of 5.03%, down 4bps YoY 2.99% 3.10% 2.89% 2.82% • 90+ delinquency of 2.21%, up 3bps YoY 2.63% 2.62% 1Q25 2Q25 3Q25 4Q2
Slide 9: Portfolio Performance is Supported by Credit Tightening (C&I)
Portfolio Performance is Supported by Credit Tightening (C&I)*1 Highlights • Front book2 continues to perform in line with expectations • Back book now accounts for 4% of receivables but contributes 12% to 30+ delinquency • 30-89 delinquency year-to-date change better than 2025 and pre-pandemic seas
Slide 10: Credit Trends (C&I)
Credit Trends (C&I)* ($ in millions) Highlights Loss Reserve Trends $2,818 $2,868 $2,821 $2,925 $2,693 $2,758 • Consumer Loan net charge-offs of 7.8%, following seasonal patterns and in line with expectations • C&I net charge-offs of 8.2%, includes 43bps from credit card 11.5% 11.5% 11.5% 11.5% 11.5
Slide 11: Operating Expenses (C&I)
Operating Expenses (C&I)* ($ in millions) Highlights • 2Q26 operating expense of $439 million, up 6% YoY • Continued disciplined expense management and investment in our credit card and auto finance businesses, data science, technology and digital capabilities Quarterly Operating Expenses Operating
Slide 12: Balance Sheet & Funding
Bank Facilities Balance Sheet & Funding Unsecured Secured Secured Mix % ($ in billions, unless noted) 57% 54% 51% 52% 50% Highlights $7.5 $7.5 $7.5 $7.5 $7.5 • Well-positioned funding profile with balanced debt mix, staggered $1.1 $1.1 $1.1 $1.1 $1.0 maturities and significant liquidity • Issued $1.
Slide 13: Capital Allocation Framework
Capital Allocation Framework 1 2 Business Investment • Balance sheet growth: managed Regular Dividend 3 receivables up 7% YoY • Board declared regular quarterly • Continue to invest in new products and channels, data science, dividend of $1.05 per share, Share Repurchases payable August 14 technolog
Slide 14: 2026 Strategic Priorities (C&I)
2026 Strategic Priorities (C&I)* No change versus prior guidance Key Metrics 2026E Commentary Managed Receivables Growth 6% – 9% • Continued conservative underwriting posture with growth supported by product innovation and new products C&I Net Charge-offs 7.4% – 7.9% • No meaningful change in the ma
Slide 15: Appendix
Appendix
Slide 16: Reconciliation of Non-GAAP Measures
Reconciliation of Non-GAAP Measures (unaudited, $ in millions) 2Q26 1Q26 4Q25 3Q25 2Q25 FY25 FY24 Consumer & Insurance $194 $293 $247 $261 $211 $988 $707 Other (1) - - (2) (1) (4) (1) Segment to GAAP adjustment 3 3 2 4 4 17 (39) Income before income taxes - GAAP basis $196 $296 $249 $263 $214 $1,001
Slide 17: Reconciliation of Non-GAAP Measures (cont'd)
Reconciliation of Non-GAAP Measures (cont’d) (unaudited, $ in millions) 6/30/2026 3/31/2026 12/31/2025 9/30/2025 6/30/2025 Consumer & Insurance $25,157 $24,463 $24,853 $24,490 $23,901 Segment to GAAP adjustment (12) (16) (20) (25) (31) Net finance receivables - GAAP basis $25,145 $24,447 $24,833 $24
Slide 18: Defined Terms
Defined Terms • Auto Finance: financing at the point of purchase through a network of auto dealerships • Average assets: average of monthly average total assets (total assets at the beginning and end of each month divided by two) in the period • C&I adjusted diluted EPS: C&I adjusted net income (non