New York, October 30 (Reuters/ PR Newswire ) – OneMain Holdings , Inc . (New York Stock Exchange ticker: OMF ) reported that as a leading institution providing responsible credit to non-prime consumers, the company's pre-tax profit for the third quarter of 2026 was $233 million, with a net profit of $185 million; in the same period last year, these figures were $263 million and $199 million respectively. The earnings per share diluted for the third quarter of 2026 were $1.60, lower than $1.67 in the same period last year.

OneMain announced on October 30, 2026, the distribution of a quarterly dividend of $1.05 per share, which will be paid on November 13, 2026, to shareholders who held the company's common stock at the close of trading on November 9, 2026.

During this quarter, the company repurchased approximately 538,000 shares of common stock, costing $34 million.

OneMain Chairman and CEO Doug Shulman stated: "We have once again delivered a strong quarter, demonstrating our ability to drive growth while maintaining strict credit discipline, on the basis of a continuously improving business momentum. We are confident that we will be able to provide attractive returns for shareholders for a long time to come."

The following segmental performance is disclosed on a non-GAAP basis. For necessary adjustments regarding non-GAAP and comparable GAAP indicators, please refer to the end of this press release.

Consumers and Insurance Division (C&I)

In the third quarter of 2026, C&I's adjusted pre-tax profit was $232 million, and the adjusted net profit was $174 million; in the same period last year, these figures were $303 million and $227 million respectively. In the third quarter of 2026, the adjusted earnings per share were $1.51, compared to $1.90 in the same period last year.

Management uses capital generation as a measure of business performance, which is defined as the amount after adjusting for C&I (capital and interest) and deducting the provision for losses on C&I financing receivables, followed by tax adjustments. The net change after these deductions is also taking into account the net write-offs of C&I during the period. In the third quarter of 2026, capital generation amounted to $284 million, which is higher than the $272 million in the same period of the previous year. The growth was mainly driven by an increase in receivables, but it was partially offset by higher net write-offs this quarter compared to the same period last year.

As of September 30, 2026, the managed accounts receivable amounted to $28.1 billion, which includes loans provided for partners in the sale of entire loan packages as well as auto finance loans initiated by third parties, representing a 9% increase from $25.9 billion as of September 30, 2025.

In the third quarter of 2026, the total amount of consumer loans issued was 4.5 billion US dollars, representing a 17% increase from 3.9 billion US dollars in the same period of the previous year.

Total revenue, including interest income and other total revenues, amounted to 1.7 billion US dollars, representing a 7% increase from 1.6 billion US dollars in the same period of the previous year. Among this, interest income for the third quarter of 2026 was 1.5 billion US dollars, which is a 7% increase from 1.4 billion US dollars in the same period of the previous year, with the growth mainly driven by an increase in accounts receivable.

In the third quarter of 2026, interest expenses amounted to $345 million, an 8% increase from $320 million in the same period of the previous year. This increase was due to the expansion of the average debt level to support the growth in accounts receivable, as well as a rise in the average cost of funds.

In the third quarter of 2026, the provision for losses on financing receivables was $615 million, which is higher than the $488 million in the same period of the previous year. During the third quarter of 2026, the provision for losses on financing receivables increased by $146 million, mainly driven by the growth in receivables.

Operating expenses in the third quarter of 2026 amounted to $453 million, representing a 6% increase from $427 million in the same period of the previous year, reflecting growth in accounts receivable as well as strategic investments in the business.

Financing and Liquidity

As of September 30, 2026, the company's outstanding principal debt balance was $24.4 billion, of which 52% was secured. The company held $936 million in cash and cash equivalents, including $268 million that was deposited with regulated insurance subsidiaries or used for other business activities and could not be utilized for general corporate purposes.

Cash and cash equivalents, coupled with the company's unutilized $1 billion unsecured corporate line of credit, $6.5 billion revolving channel financing, and the unutilized commitment limits under credit card variable financing notes, as well as $12.3 billion unsecured receivables, provide the company with sufficient liquidity resources.

Teleconference and live webcast information

OneMain Management will hold a teleconference and webcast on October 30, 2026, at 9 a.m. Eastern Time to discuss company performance, outlook, and related matters. The teleconference and webcast are open to the public. The public can call 877-407-0792 (within the United States) or 201-689-8263 (international), and use the conference ID ID 13762672 to listen, or watch the live audio webcast through the OneMain Investor Relations website http :// investor.onemainfinancial.com. Those who are unable to listen to the live broadcast can listen to the replay on the website after the event is over. Investor presentation materials will be published on the OneMain Investor Relations website before the start of the teleconference.

Regarding OneMain Holdings, Inc.

OneMain Financial (New York Stock Exchange ticker: OMF) is a leading institution that provides responsible credit to non-prime consumers, dedicated to improving the financial well-being of hardworking Americans. The company helps customers solve their current problems through personalized solutions and aims for a better financial future in all 48 states via online channels and over 1,300 locations. OneMain is committed to having a positive impact on the customers and communities it serves. For more information, please visit www.OneMainFinancial.com.

Use of non-GAAP financial indicators

The company uses a segmental accounting basis to report the operating results of the Consumer and Insurance segments. This basis: (i) reflects the company’s method of allocating interest expenses and operating costs, in order to reflect the way the company assesses its business results; ( ii ) does not include the impact of purchase accounting (the elimination of premiums/discounts on financing receivables and long-term debt at the time of acquisition, as well as amortization/appreciation over future periods). The adjusted pre-tax profit (loss) of the Consumer and Insurance segments, the adjusted net profit (loss) of the Consumer and Insurance segments, and the adjusted earnings (loss) per share of the Consumer and Insurance segments are key indicators for assessing business performance. The adjusted pre-tax profit (loss) of the Consumer and Insurance segments refers to the pre-tax profit (loss) calculated on a segmental accounting basis, excluding net losses arising from debt repurchases and repayments, restructuring costs, and the impact of other items and strategic activities. The company believes that these non- GAAP financial indicators are helpful in assessing the profitability of these segments.

The company also uses two non-GAAP financial indicators, namely Pre-tax Capital Generation and Capital Generation, as key performance indicators for this division. Pre-tax Capital Generation refers to the pre-tax profit of the Consumer and Insurance Division after adjustments mentioned above, taking into account the net write-offs of the Consumer and Insurance Division for the period, while excluding changes in the provision for losses on financing receivables of the same division. Capital Generation refers to the after-tax impact of Pre-tax Capital Generation. The company believes that these non-GAAP indicators are helpful in assessing the capital created during the period and their impact on the company's overall capital adequacy. The company considers that the sum of its provisions and shareholders' equity represents the company's loss-absorbing capacity.

The company uses these non-GAAP indicators when evaluating performance. In addition, these non-GAAP indicators are consistent with the performance targets set in the OMH executive compensation plan. The aforementioned non-GAAP financial indicators should serve as a supplement to the pre-tax profit (loss), net profit, or other financial performance indicators under the GAAP framework, rather than replacing or being superior to these indicators.

This document contains summary information regarding the company and its business, operations, financial performance, and trends. This document does not represent a complete set of information. For more financial, statistical, and business-related information, please refer to the company's most recent 10-K annual reports and 10-Q quarterly reports submitted to the U.S. Securities and Exchange Commission (SEC), as well as other reports submitted from time to time to SEC. These documents can be found on the company's OneMain Financial website (www.omf.com) under the Investor Relations section and on the SEC website (www.sec.gov), or will be made available on the aforementioned websites.

Forward-looking Statements Warning

This document contains “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995. Any statements that use words such as “expected,” “seems,” “assumes,” “believes,” “may,” “continue,” “could,” “estimates,” “anticipates,” “predicts,” “outlooks,” “aims,” “intends,” “possible,” “plans,” “project,” “goal,” “trend,” “maintain,” or similar phrases, either before, after, or in conjunction with these words, or that include expressions with future or conditional verbs such as “could,” “may,” “might,” “should,” “will,” “would,” are intended to identify forward-looking statements. However, these words are not the only manner in which forward-looking statements can be identified.

Forward-looking statements are not historical facts, but merely represent the current views of management regarding future events, objectives, purposes, forecasts, strategies, performance, and future plans, as well as their underlying assumptions, and other related statements. Please do not rely excessively on these forward-looking statements. By their nature, forward-looking statements are subject to risks, uncertainties, assumptions, and other important factors, which may lead to significant differences between actual results, performance, or achievements and those explicitly or implicitly stated in these statements.Important factors that may lead to significant differences between actual results, performance, or achievements and forward-looking statements include, but are not limited to: adverse changes and fluctuations in the overall economic situation, including interest rate environments and financial markets; whether the company's provisions for losses on financing receivables are sufficient; increases in unemployment rates and personal bankruptcies; the current inflation environment and related trends affecting customers; natural or unexpected events such as earthquakes, hurricanes, pandemics, floods, or wildfires that impact customers, collateral, or company facilities; failures or disruptions to the company's or third-party information, operational, or security systems or infrastructure, including cyber incidents, wars, or other disruptions; whether the company's credit risk scoring models are adequate; geopolitical risks, including recent geopolitical actions; changes in the company's ability to attract and retain employees or key executives; intensified competition or adverse changes in customers' responses to the company's distribution channels or products; changes in federal, state, or local laws, regulations, or supervisory policies and practices, or increased regulatory scrutiny of the company's business or industry; risks related to the insurance business; any costs and impacts of actual or alleged violations of federal, state, or local laws, rules, or regulations; costs and impacts of fines, penalties, judgments, decrees, orders, inquiries, investigations, subpoenas, or other enforcement actions by government or quasi-government agencies or authorities; the company's high debt level and its ability to continuously access capital markets and maintain sufficient current funding to meet cash flow needs; the company's ability to comply with all contractual terms; the impact of credit rating agencies downgrading the company's debt ratings; and other risks and uncertainties described in the "Risk Factors" and "Management's Discussion and Analysis of Financial Conditions and Operating Results" sections of the company's most recent 10-K filings submitted to SEC, as well as in other documents periodically submitted to SEC.

If one or more of the above risks or uncertainties occur, or if the fundamental assumptions prove to be incorrect, the actual results may differ significantly from those expressed or implied in the forward-looking statements. Before making an investment decision to purchase the company's securities, you should particularly consider the factors identified in this document that may lead to different actual results. In addition, new risks and uncertainties may arise from time to time, and the company is unable to predict these events or their possible impacts.

The forward-looking statements in this document are only valid as of the date they are made. Except as required by law, the company assumes no obligation to update or revise any forward-looking statements, whether in writing or orally, to reflect events or circumstances that occur after the date of this document, or to reflect that anticipated events do not occur or unexpected events do occur, whether due to new information, future developments, or other reasons.

Define terms

• Adjusted Capital: Adjusted tangible common equity plus provisions for losses on financing receivables ( ALLL ), less taxes
• Adjusted tangible ordinary equity interest ( TCE ): Total shareholders' equity minus accumulated other comprehensive losses, goodwill, and other intangible assets, plus subordinated senior debt
• Auto Finance: Providing financing at the point of purchase through a network of auto dealers
• Available cash and cash equivalents: Cash and cash equivalents less that is held in regulated insurance subsidiaries or cash and cash equivalents that cannot be used for general corporate purposes.
• Average total assets: The average value of total assets each month during the period (the sum of total assets at the beginning and end of each month divided by 2).
• C&I adjusted earnings per share: C&I adjusted net profit (excluding GAAP) / weighted average diluted number of shares
• Capital generation: Net profit after C&I adjustments minus changes in the provision for C&I financing receivables losses, less taxes.
• Capital Generation Yield*: Annualized Capital Generation / Average Net Receivables from C&I
• Consumer Loans: Personal Loans and Auto Finance
• Financing receivables from serving others: The outstanding principal balance of loans sold as a lump sum, plus accrued interest, as well as auto finance loans initiated by third parties.
• Total write-off rate*: Annualized total write-offs / Average net receivables
• Managing accounts receivable: C&I net financing receivables, plus financing receivables from services provided to partners for the entire loan, as well as auto finance loans initiated by third parties.
• Net adjusted debt: Long-term debt minus subordinated debt, then minus available cash and cash equivalents.
• Net write-off rate*: Annualized net write-offs / Average net receivables
• Net Leverage Ratio: Net Adjusted Debt / Adjusted Capital
• Opex Ratio: Annualized C&I Operating Expenses / Average Managed Receivables
• Issuance volume: Loans issued during the period, including those that are issued and sold to partners for the sale of the entire loan portfolio, but for which the company continues to provide services.
• Other net income: Other income minus insurance policy benefits and claims settlement expenses
• Personal loans: Loans provided with collateral such as cars, other assets, or without any collateral, offered through a network of branches, central operations, or digital platforms.
• Pre-tax capital generation: Net profit before C&I tax adjustments minus changes in provisions for C&I financing receivables losses
• Purchase volume: Credit card transactions plus cash advances, minus returns.
• Return on Assets ( ROA ): Annualized Net Profit / Average Total Assets
• Accounts Receivable Return Rate (C& I ROR ): Annualized C&I Adjusted Net Profit / Average Net Accounts Receivable from C&I
• Total revenue: Interest income from C&I plus other total revenues from C&I
• Unsecured receivables: The outstanding principal balances of consumer loans and credit cards that are not secured by collateral. For prepaid personal loans, the outstanding principal balance is the total contract payment minus the unamortized balance of unpaid financing fees. Credit card receivables include the portion that exceeds the minimum guarantee requirements under the credit card's variable financing note instruments. The company may remove such amounts from the trust in accordance with the terms of these instruments, and they do not include interest, fees, or accounts whose balances have been settled.

OneMain Holdings, Inc.

Investor contact: Peter R . Poillon, 212-359-2432, [ email protected ]

Media contact: Maggie Gage, 202-538-9660, [ email protected ]