Onity Group Reports Strong Q3 2025 Earnings

Onity Group Inc. ( (ONIT) ) has released its Q3 earnings. Here is a breakdown of the information Onity Group Inc. presented to its investors.

Onity Group Inc. is a prominent non-bank financial services company specializing in mortgage servicing and originations through its brands PHH Mortgage and Liberty Reverse Mortgage, with operations across the United States and internationally. In its third quarter of 2025, Onity Group reported a net income of $18 million, with a diluted EPS of $2.03 and a return on equity of 14%. The company also achieved a significant increase in originations volume, reaching $12 billion, which is a 39% year-over-year growth, surpassing the industry average. Additionally, the book value per share rose to $62, reflecting a $2.71 increase from the previous year. Key highlights from the quarter include a robust adjusted pre-tax income of $31 million and an annualized adjusted return on equity of 25%. The company added nine new subservicing clients and saw a 32% year-over-year increase in commercial servicing UPB. Despite the non-renewal of subservicing agreements with Rithm Capital Corp., which represented 10% of PHH’s total servicing UPB, Onity expects no material financial impact due to the portfolio’s low profitability and plans to replace it with more lucrative consumer and commercial relationships. Looking ahead, Onity Group anticipates exceeding its adjusted ROE guidance for 2025, driven by its strategic focus on profitable growth and technological advancements, underscoring its commitment to delivering strong shareholder returns.