ONEMAIN FINANCE CORP
For the period ended Dec 31, 2025. Filed Feb 6, 2026.
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FY2025 · Filed Feb 6, 2026
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Segment Results
The results of OMFC are consolidated into the results of OMH. Due to the nominal differences between OMFC and OMH, content throughout this section relates only to OMH. See Note 1 of the Notes to the Consolidated Financial Statements in Part II - Item 8 in this report for further information.
See Note 18 of the Notes to the Consolidated Financial Statements in Part II - Item 8 in this report for a description of our segment and methodologies used to allocate revenues and expenses to our C&I segment and for reconciliations of segment total to consolidated financial statement amounts.
CONSUMER AND INSURANCE
The following table below presents OMH’s adjusted pretax income and selected financial statistics for C&I on an adjusted Segment Accounting Basis.
| (dollars in millions) | |||
|---|---|---|---|
| At or for the Years Ended December 31, | 2025 | 2024 | 2023 |
| Interest income | $5,432 | $4,965 | $4,559 |
| Interest expense | 1,270 | 1,181 | 1,015 |
| Provision for finance receivable losses | 1,999 | 1,981 | 1,721 |
| Net interest income after provision for finance receivable losses | 2,163 | 1,803 | 1,823 |
| Other revenues | 782 | 722 | 727 |
| Other expenses | 1,885 | 1,743 | 1,676 |
| Adjusted pretax income (non-GAAP) | $1,060 | $782 | $874 |
| Selected Financial Statistics (a) | |||
| Total finance receivables: | |||
| Net finance receivables | $24,853 | $23,598 | $21,349 |
| Average net receivables | $24,028 | $22,440 | $20,528 |
| Gross charge-off ratio (b) | 9.13% | 9.49% | 8.74% |
| Recovery ratio | (1.47)% | (1.37)% | (1.26)% |
| Net charge-off ratio (b) | 7.66% | 8.11% | 7.48% |
| (dollars in millions) | |||
|---|---|---|---|
| At or for the Years Ended December 31, | 2025 | 2024 | 2023 |
| Selected Financial Statistics, continued (a) | |||
| Personal loans: | |||
| Net finance receivables | $21,430 | $20,833 | $20,274 |
| Origination volume | $13,025 | $12,246 | $12,296 |
| Number of accounts | 2,395,371 | 2,375,138 | 2,361,026 |
| Number of accounts originated | 1,231,821 | 1,171,271 | 1,224,362 |
| Auto finance: | |||
| Net finance receivables | $2,487 | $2,122 | $745 |
| Origination volume | $1,402 | $1,075 | $555 |
| Number of accounts | 147,543 | 126,518 | 54,032 |
| Number of accounts originated | 63,505 | 53,222 | 34,451 |
| Consumer loans: | |||
| Net finance receivables | $23,917 | $22,955 | $21,019 |
| Yield | 22.50% | 22.07% | 22.20% |
| Origination volume | $14,427 | $13,321 | $12,851 |
| Number of accounts | 2,542,914 | 2,501,656 | 2,415,058 |
| Number of accounts originated | 1,295,326 | 1,224,493 | 1,258,813 |
| Net charge-off ratio (b) | 7.31% | 7.94% | 7.42% |
| 30-89 Delinquency ratio | 3.36% | 3.24% | 3.28% |
| Credit cards: | |||
| Net finance receivables | $936 | $643 | $330 |
| Purchase volume | $1,219 | $892 | $442 |
| Number of open accounts | 1,080,926 | 782,932 | 430,784 |
(a) See “Glossary” at the beginning of this report for formulas and definitions of our key performance ratios.
(b) The calculations for the year ended December 31, 2024 have been adjusted for policy alignment associated with the Foursight Acquisition.
Comparison of Adjusted Pretax Income for Twelve Months Ended December 31, 2025 and 2024
Interest income increased $467 million or 9% in 2025 when compared to 2024 due to growth in average net receivables and an increase in yield.
Interest expense increased $89 million or 8% in 2025 when compared to 2024 due to an increase in average debt to support our receivables growth.
Provision for finance receivable losses increased $18 million or 1% in 2025 when compared to 2024 due to growth in receivables, offset by lower net charge-offs.
Other revenues increased $60 million or 8% in 2025 when compared to 2024 due to an increase in sales of finance receivables and an increase in credit card revenue from growth in new accounts, offset by a decrease in investment revenue due to declining interest rates and lower average corporate cash balances.
Other expenses increased $142 million or 8% in 2025 when compared to 2024 driven by increases in salaries and benefits expense and general operating expenses due to growth in receivables and our strategic investments in the business.
Comparison of Adjusted Pretax Income for 2024 and 2023
For a comparison of OMH’s adjusted pretax income for C&I for the years ended 2024 and 2023, see “Management’s Discussion and Analysis of Financial Condition and Results of Operations - Segment Results” in Part II - Item 7 of OMH’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on February 7, 2025.
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