OneMain Q2 Revenue Jumps 10 Percent

OneMain (NYSE:OMF), a leading personal lender focused on nonprime consumers across the United States, delivered results that exceeded Wall Street expectations. The company announced its results on July 25, 2025, reporting adjusted earnings per share (EPS) of $1.45, above the consensus forecast of $1.23 (non-GAAP), and revenue of $1.5 billion, surpassing the $1.186 billion analysts anticipated (GAAP). Net income (GAAP) climbed to $167 million, more than doubling the prior year quarter’s result. These gains were driven by strong growth in loan originations and improved credit performance (non-GAAP). Overall, the quarter represented significant progress across the company’s core metrics and ongoing efforts to control risk in a changing economic landscape.OneMain is a nationwide consumer finance company specializing in lending to nonprime customers. Its primary business centers on personal loans, but it also offers auto finance, credit card products, insurance, and financial wellness platforms. The company operates a large physical branch network -- over 1,300 locations -- alongside digital capabilities, enabling it to serve customers across 47 states and through online channels.In the past year, OneMain has focused on managing credit risk, expanding its reach through digital and product innovation, and finding ways to improve operational efficiency. Key to its business are underwriting discipline, robust customer servicing, and the ability to adapt to evolving consumer and economic conditions. Successfully growing originations while controlling charge-offs and maintaining compliance with regulatory requirements are essential for long-term performance in the nonprime lending space.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool