Credit PerformanceManagement expressed confidence that consumer loan losses have peaked and delinquencies are moderating, suggesting potential future stability and improved credit performance.
EarningsOneMain reported higher-than-expected earnings per share of $1.26, surpassing both analyst estimates and consensus forecasts, highlighting strong financial performance.
Origination GrowthOrigination volumes grew 13% year-over-year, marking the first increase since 2Q22, driven by a constructive competitive environment and strong loan demand.