OMF: Highlights from Wells Fargo Financial Services Conference

研报英文原文证据摘录

OMF: Highlights from Wells Fargo Financial Services Conference

Equity Research

Flash Comment — May 13, 2026

Consumer Finance

OneMain Holdings, Inc.

Highlights from Wells Fargo Financial Services Conference Equal Weight

Price Target: $65.00

Ticker OMF

Our Call Upside/(Downside) to Target 24.0%

No early indicators of consumer credit stress for their low-end consumers, despite higher Price (05/13/2026) $52.44

gas prices/inflation. Mgt expressed confidence in 2026 guidance. Newer products and 52 Week Range $45.78 - 71.93

potential ILC license add incremental opportunities. Market Cap (MM) $6,150

Source: Company Data, Wells Fargo Securities estimates, and Factset.

Initial Thoughts NA = Not Available, NC = No Change, NE = No Estimate

Summary. We hosted Jenny Osterhout, CFO, and Peter Poillon, Head of IR, at the Donald Fandetti, CFA

2026 Wells Fargo Financial Services Investor Conference. Management delivered a Equity Analyst | Wells Fargo Securities, LLC

Don.Fandetti@wellsfargo.com | 704-410-6093

confident tone on its consumer base and business fundamentals, but remains in a

conservative stance given the macro uncertainty. At the conference, Investors are focused Nathaniel Richam-Odoi

on consumer health given decelerating restaurant/retailer data points in May. We are Associate Equity Analyst | Wells Fargo Securities, LLC Nathaniel.Richam-Odoi@wellsfargo.com |

Equal Weight rated. 212-214-8295

Steven DeBartolo, CFA

Consumer Resilient Amid Higher Gas Prices. OMF reiterated that higher prices at the Associate Equity Analyst | Wells Fargo Securities, LLC

pump are not materially impacting its consumers' ability to pay down debt. Notably, Steven.Debartolo@wellsfargo.com | 201-739-8679

the company has not seen any major shifts in payment behavior in their three asset