内外协同深挖彻查，斩断"恶意投诉"敲诈链条 2024年12月，中原消费金融接到赵某某多次投诉，声称公司合作方催收过程存在违规，并提出无理要 求：将剩余未还欠款"0元结清"，同时额外赔偿1万元，否则将持续升级投诉举报。然而，中原消费金融 在全面复盘核查催收流程时，未发现任何违规行为；反而在通话录音中发现关键疑点——赵某某的表述 刻意引导催收人员，话术专业性极强，疑似有备而来。 带着这一疑问，中原消费金融通过同业交流、多方查证等方式进一步核实，发现山东地区近期已出现多 起类似案件：借款人逾期后，主动诱导催收人员作出模糊表述，再截取片段作为"证据"，以投诉举报为 施压手段，向金融机构索要不合理债务豁免及高额赔偿。掌握相关线索后，中原消费金融立即向警方报 案。警方深入分析研判后，认定该案涉嫌敲诈勒索，并在中原消费金融等多家金融机构协助下，逐步摸 清犯罪团伙的组织架构、作案手法及资金流向，锁定完整跨域犯罪链条。 2025年12月下旬，山东潍坊警方举办打击金融黑灰产涉黑恶犯罪座谈会，中原消费金融作为企业代表受 邀参加。会议回顾了案件侦办进展、犯罪手法、打击成果等基本情况：以张某某为首的该犯罪团伙形成 组织化、链条化运作模 ...

金融活，经济活；金融稳，经济稳。作为河南省唯一一家持牌消费金融机构，中原消费金融紧扣国家战 略导向，以"金融为民"的实践担当，为金融强国建设注入基层动能。 未来，中原消费金融将持续紧扣"十五五"金融强国建设要求，以科技创新为驱动，以普惠利民为核心， 为建设现代化金融强国贡献基层金融力量。（中国发展网） 响应普惠金融精准滴灌薄弱环节的政策导向，中原消费金融将这一要求扎实转化为具体行动。中原消费 金融围绕政策导向和市场需求，搭建了"补贴让利+权益护航"模式。2025年3月，中原消费金融于公司 App上创新发起"周三礼遇日"常态化品牌活动，围绕春节、"五一"、"618"等关键节点，先后推出系列主 题活动，4月还联合万达坊商圈打造提振消费主题市集。同时，创新推出 "小积分大公益"计划，将线上 运营与线下 "梦想的书架" 捐赠活动形成闭环，在践行社会责任中丰富金融服务内涵。 数字化转型是金融强国建设的重要支撑，中原消费金融以科技赋能提升服务质效。为解决打通金融服 务"最后一公里"难题，中原消费金融充分发挥科技优势，以数字化手段破解偏远城镇、乡村地区金融服 务难题，全方位填补金融服务空白。在线上，中原消费金融利用大数据、 ...

Core Viewpoint - OneMain Financial (OMF) shares have performed well over the past year, with a gain of approximately 9% [1] - However, shares experienced a decline following President Trump's proposal to cap credit card rates at 10% [1] Company Performance - OneMain Financial's stock has shown resilience with a 9% increase over the last year [1] - The recent dip in share price is attributed to external political proposals affecting credit card interest rates [1] Market Context - The proposal to cap credit card rates could have significant implications for companies in the financial services sector, particularly those involved in consumer lending [1]

Core Insights - OneMain Financial reported strong fourth-quarter results with GAAP net income of $204 million, or $1.72 per diluted share, representing a 64% increase from the previous year [1] - The company achieved capital generation of $225 million, up from $183 million year-over-year, and full-year capital generation reached $913 million, a 33% increase [1][3] Financial Performance - Fourth-quarter adjusted earnings per share were $1.59, a 37% increase from the prior year, with total revenue of $1.6 billion, up 8% [2][7] - Interest income rose to $1.4 billion, also an 8% increase, while interest expense increased by 4% to $323 million [7][8] - Managed receivables ended the year at $26.3 billion, reflecting a 6% growth, with fourth-quarter originations at $3.6 billion, up 3% year-over-year [6][5] Credit Trends - Full-year C&I net charge-offs decreased to 7.7%, down 46 basis points from 2024, while consumer loan net charge-offs fell 63 basis points year-over-year [9] - The fourth-quarter provision expense was $542 million, with a loan loss reserve ratio remaining flat at 11.5% [10] - Credit card net charge-offs improved to 17.1%, with 30-plus delinquency rates also showing improvement [12] Product Initiatives - The company is expanding its product offerings, including a new secured lending product for homeowners and a paycheck-linked loan product aimed at reducing risk [15][14] - OneMain is also enhancing its operational capabilities with AI tools to improve customer service and productivity [16] Capital Returns and Funding - OneMain announced a $1 billion share repurchase program and returned $639 million to shareholders in 2025, a 20% increase from 2024 [19][20] - The company issued a $1 billion unsecured bond and reduced its secured funding mix to 50%, improving flexibility and reducing interest expenses [21] 2026 Outlook - For 2026, the company expects managed receivables growth of 6% to 9% and C&I net charge-offs in the range of 7.4% to 7.9% [23] - Management highlighted the potential positive impact of an industrial loan company (ILC) license, which could enhance customer reach and funding diversification [25]

Core Viewpoint - OneMain Holdings, Inc. reported mixed financial results for the fourth quarter, with earnings per share exceeding analyst expectations but sales falling short of estimates [1][2]. Financial Performance - The company achieved quarterly earnings of $1.59 per share, surpassing the analyst consensus estimate of $1.54 per share [1]. - Quarterly sales were reported at $1.093 billion, which was below the analyst consensus estimate of $1.168 billion [1]. Management Commentary - Doug Shulman, Chairman and CEO, highlighted strong revenue and earnings growth in 2025, emphasizing the company's disciplined credit approach, ongoing innovation investments, and commitment to customer service as key factors for future profitable growth and shareholder value [2]. Stock Performance - Following the earnings announcement, OneMain shares experienced a slight increase of 0.1%, trading at $62.33 [2].

Core Insights - OneMain Holdings, Inc. reported mixed results for Q4, with earnings per share of $1.59 exceeding the analyst consensus estimate of $1.54, while quarterly sales of $1.093 billion fell short of the estimate of $1.168 billion [1][2] Financial Performance - Quarterly earnings per share were $1.59, beating the consensus estimate of $1.54 [1] - Quarterly sales amounted to $1.093 billion, missing the analyst consensus estimate of $1.168 billion [1] Management Commentary - Doug Shulman, Chairman and CEO, highlighted strong revenue and earnings growth in 2025, emphasizing a disciplined credit approach, ongoing innovation investments, and a commitment to customer service as key factors for future profitable growth and shareholder value [2] Stock Performance - Following the earnings announcement, OneMain shares increased by 0.1%, trading at $62.33 [2]

Financial Data and Key Metrics Changes - Full-year earnings per share increased by 36% year-over-year to $6.66, with capital generation rising by 33% to $913 million [5][18] - Fourth quarter GAAP net income was $204 million, or $1.72 per diluted share, up 64% from the previous year [18] - Managed receivables grew by 6% year-over-year to $26.3 billion, with revenue increasing by 8% in the fourth quarter [18][20] Business Line Data and Key Metrics Changes - Personal loans saw significant growth driven by targeted initiatives, with debt consolidation products reducing customer payments by about 25% [6][7] - Auto finance receivables grew to $2.8 billion, with a scalable platform established and partnerships expanded [9][14] - Credit card receivables increased to $936 million, with accounts rising to nearly 1.1 million customers [10][14] Market Data and Key Metrics Changes - The company maintained a conservative underwriting posture despite a slightly weaker labor market and persistent inflation [16][32] - The 30-plus delinquency rate for consumer loans was 5.65%, in line with expectations and better than pre-pandemic trends [14][23] - C&I net charge-offs were 7.9% in the fourth quarter, with consumer loan net charge-offs at 7.6%, showing significant improvement [14][25] Company Strategy and Development Direction - The company is focused on product innovation, enhancing customer experience, and expanding its auto finance and credit card businesses [34] - Plans to maintain a conservative underwriting posture while targeting a minimum 20% return on tangible equity [19][32] - The introduction of new products and the expansion of existing services are expected to drive growth in managed receivables by 6%-9% in 2026 [31][32] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of OneMain's customers and the strength of its portfolio, anticipating continued capital generation growth in 2026 [16][34] - The company expects to see some seasonal patterns in losses, with a potential improvement in the second half of 2026 [32] - Management highlighted the importance of maintaining a strong balance sheet and the ability to issue capital opportunistically [30][31] Other Important Information - The company was recognized as one of America's most loved workplaces for the fourth consecutive year, reflecting a strong corporate culture [13] - A $1 billion share repurchase program was approved through 2028, with a commitment to maintaining dividends [15][18] Q&A Session Questions and Answers Question: Outlook for credit performance - Management indicated that while credit should continue to improve, there are pressures from the backbook contributing to delinquency and losses, with expectations for a range of C&I net charge-offs in 2026 [37][39] Question: ILC application status and implications - The company is progressing through the ILC application process, which could enhance its ability to serve customers and diversify its balance sheet, but any positive effects are expected to materialize around 2027 [41][42] Question: Loan growth expectations - The company expects loan growth to be driven by innovation in personal loan products and improved team member effectiveness, with a target of 6%-9% growth in managed receivables for 2026 [53][54] Question: Impact of tax refunds on performance - Tax refunds are a significant focus, as they typically improve delinquencies and drive loan demand, but the company does not have specific expectations for the current tax season [60][62] Question: Interest yield trends - The consumer loan yield is currently at 22.5%, with expectations for stability in yields moving forward, influenced by product mix and pricing actions [63][64] Question: Whole loan sales strategy - The whole loan sale program is viewed as a funding diversification strategy, providing flexibility and attractive pricing, while also generating additional revenue streams [70][72]

Financial Data and Key Metrics Changes - Full-year earnings per share increased by 36% year-over-year to $6.66, with capital generation rising by 33% to $913 million [5][18] - Fourth quarter GAAP net income was $204 million, or $1.72 per diluted share, up 64% from $1.05 per diluted share in the fourth quarter of 2024 [18] - Total revenue for the fourth quarter was $1.6 billion, an 8% increase compared to the fourth quarter of 2024, with full-year revenue growth at 9% [20][21] Business Line Data and Key Metrics Changes - Receivables grew 6% year-over-year to $26.3 billion, with personal loans driving growth through targeted initiatives [5][18] - Auto finance receivables increased to $2.8 billion, with significant progress in building a scalable platform [9][14] - Credit card receivables grew to $936 million, with accounts increasing to nearly 1.1 million customers [10][14] Market Data and Key Metrics Changes - The company maintained a conservative underwriting posture despite a slightly weaker labor market in 2025, with net charge-offs improving significantly [16][24] - The 30-plus delinquency rate for consumer loans was 5.65%, in line with expectations and better than pre-pandemic trends [14][23] Company Strategy and Development Direction - The company is focused on product innovation, enhancing customer experience, and expanding its auto finance and credit card businesses [34] - A new secured lending product for homeowners is being introduced, which is expected to drive originations without loosening underwriting standards [7][9] - The company is committed to a share repurchase program, with a $1 billion authorization through 2028, reflecting confidence in capital generation [15][17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of OneMain's customers and the portfolio, anticipating continued capital generation growth in 2026 [16][33] - The outlook for 2026 includes managed receivables growth of 6%-9%, with expectations for C&I net charge-offs in the range of 7.4%-7.9% [32][33] Other Important Information - The company was recognized as one of America's most loved workplaces for the fourth consecutive year, highlighting its strong workplace culture [13] - The financial wellness platform on the mobile app saw a 36% increase in customer adoption, indicating a commitment to customer financial education [11][12] Q&A Session Summary Question: Outlook for credit performance - Management indicated that while credit should continue to improve, there are pressures from the backbook contributing to delinquency and losses, with expectations for seasonal patterns in 2026 [37][39] Question: ILC application status and implications - The company is progressing through the ILC application process, which could enhance its ability to serve customers and diversify its balance sheet, but any positive effects are expected to materialize around 2027 [41][42] Question: New product rollout and pilot periods - New products, including the home merchandise-backed product, will undergo pilot testing to assess performance before full rollout [47] Question: Loan growth expectations - The company expects loan growth to be driven by innovation in personal loan products and improved team member effectiveness, with a target of 6%-9% growth in 2026 [53][54] Question: Impact of tax refunds on performance - Tax refunds are a significant focus, with expectations that higher refunds could improve delinquencies and drive loan demand, although no specific expectations were set for the current tax season [60][62] Question: Interest yield trends - The consumer loan yield is currently at 22.5%, with expectations for yields to remain stable, influenced by product mix and pricing actions taken in previous years [63][64] Question: Whole loan sales strategy - The whole loan sale program is viewed as a funding diversification strategy, providing flexibility and attractive pricing, while also contributing to revenue through gains on sale and servicing income [70][72]

Financial Data and Key Metrics Changes - Full-year earnings per share increased by 36% year-over-year to $6.66, with capital generation rising by 33% to $913 million [5][19] - Fourth quarter GAAP net income was $204 million, or $1.72 per diluted share, up 64% from the previous year [19] - Managed receivables grew by 6% year-over-year to $26.3 billion, with revenue increasing by 8% in the fourth quarter [19][22] Business Line Data and Key Metrics Changes - Personal loans saw significant growth, driven by targeted initiatives, with consumer loan originations for the full year up by 8% [6][19] - Auto finance receivables increased to $2.8 billion, with a scalable platform being built [10][15] - Credit card receivables grew to $936 million, with accounts increasing to nearly 1.1 million customers [11][19] Market Data and Key Metrics Changes - The company maintained a conservative underwriting posture despite a slightly weaker labor market and persistent inflation [17][33] - The 30-plus delinquency rate for consumer loans was 5.65%, in line with expectations and better than pre-pandemic trends [14][25] Company Strategy and Development Direction - The company is focused on product innovation, enhancing customer experience, and expanding its auto finance and credit card businesses [35] - A new secured lending product for homeowners is being introduced, which is expected to drive originations without loosening underwriting standards [8][10] - The company is committed to a share repurchase program, with a $1 billion authorization through 2028 [16][35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the resilience of OneMain's customers and the portfolio, anticipating continued capital generation growth in 2026 [17][34] - The outlook for 2026 includes managed receivables growth of 6%-9% and C&I net charge-offs expected in the range of 7.4%-7.9% [33][34] Other Important Information - The company was recognized as one of America's most loved workplaces for the fourth consecutive year, reflecting a strong workplace culture [13] - The financial wellness platform on the mobile app saw a 36% increase in users, indicating a commitment to customer financial education [12] Q&A Session Questions and Answers Question: Can you tie together the outlook for credit and the expected losses for 2026? - Management noted that 2025 was a remarkable year with significant loss benefits, and while the front book is performing well, the backbook remains a headwind [38][40] Question: What are the implications of the ILC application? - The company believes that obtaining an ILC license would allow for a more standardized rate structure and operational structure, enhancing customer service [42][43] Question: How do you view the rollout of new products like the home merchandise-backed products? - New products will be piloted to assess performance before full rollout, ensuring they meet risk-adjusted return criteria [47][48] Question: What drives demand for personal loans? - Demand remains stable, with debt consolidation being a primary use case, alongside emergency needs and discretionary spending [49][50] Question: What is the expectation for loan growth in 2026? - The company expects loan growth to be driven by innovation in personal loan products and improved team member effectiveness [53][54] Question: How will share repurchase pace change in 2026? - The company plans to bias incremental capital returns towards share repurchases unless more attractive uses of capital arise [56][57] Question: How do you expect tax refunds to impact your customer base? - Tax refunds typically improve delinquencies and drive seasonal low losses, but the company does not have specific expectations for the upcoming tax season [59][60]

4Q25 Financial Results NYSE: OMF | February 5, 2026 Important Information The following slides are part of a presentation by OneMain Holdings, Inc. (the "Company") in connection with reporting quarterly financial results and are intended to be viewed as part of that presentation. No representation is made that the information in these slides is complete. For additional financial, statistical, and business-related information, as well as information regarding business and segment trends, see the earnings rel ...