Onity Group Inc. announced record net income of $185 million for full year 2025, with diluted EPS of $21.46 and ROE of 35%. The company also reported a $10 million share repurchase program. Their Q4 2025 results included net income of $126 million, diluted EPS of $14.24, and ROE of 89%. Book value per share increased to $74 for the year.
CEO Glen Messina praised 2025 as a successful year for Onity, highlighting record net income and EPS, a strengthened book value, and double-digit adjusted ROE for the third year. The company plans to simplify business, invest in innovation, and deploy capital for growth and deleveraging, with a new $10 million share repurchase program.
Operating highlights for 2025 included a 2.1x increase in funded recapture volume, a 43% rise in originations volume to $43 billion, and total servicing UPB reaching $328 billion. The company reported total liquidity of $205 million and simplified business operations through various strategic moves.
Onity’s Board of Directors authorized a $10 million share repurchase program, allowing the company to buy back its outstanding common stock through open market purchases. The program will continue through August 2026 unless earlier completed or modified. Market conditions will dictate the timing and execution of share repurchases.
Onity will host a conference call on February 12, 2026, to discuss their full year and Q4 2025 results. Interested parties can access the call through dial-in or a live audio webcast on the company’s website. An investor presentation will accompany the call, with a replay available on the website afterward. The company serves as a leading non-bank financial services provider in the mortgage servicing and originations space. The press release contains forward-looking statements regarding Onity’s future performance, including ROE guidance and growth plans. Factors such as political events, policy changes, and financial difficulties could impact results. Non-GAAP financial measures, like adjusted pre-tax income and ROE, are used to assess financial performance and drive improvement. Onity disclaims any obligation to update forward-looking statements. Onity cautions against analyzing non-GAAP financial measures in isolation, as they should be viewed in addition to, not as a substitute for, reported results. Comparability may be limited as other companies may calculate non-GAAP measures differently.
The Company has refrained from providing reconciliations for adjusted ROE guidance due to difficulties in forecasting certain items necessary for comparable GAAP financial measures.
Adjustments to GAAP pre-tax income include MSR valuation adjustments, expense notables, and other income statement notables. Changes in methodology for calculating Other Income Statement Notables align with risk management approach changes for fair value due to interest rates.
Adjustments to calculating Adjusted ROE now use a monthly average for improved accuracy of net income impact on equity. Past periods have been conformed to the current presentation for consistency. Financial figures for FY’25 and Q4’25 are provided in the table. 1. The stock market experienced a sharp decline today with the Dow Jones Industrial Average dropping 500 points, driven by concerns over rising inflation and interest rates.
2. A new study revealed that over 70% of Americans are not saving enough for retirement, with the average person saving only 7.5% of their income.
3. The CDC reported a record number of flu cases this season, with over 12,000 confirmed cases and 37 deaths so far. Experts are urging people to get vaccinated to prevent the spread of the virus.
4. Tesla announced plans to build a new Gigafactory in Texas, which is expected to create thousands of jobs and produce the Cybertruck and Model Y vehicles.
5. The UN released a report stating that global carbon emissions reached a record high in 2021, despite efforts to reduce greenhouse gases. The report called for urgent action to combat climate change and protect the environment.
Read more at GlobeNewswire: Onity Group Announces Full Year and Fourth Quarter 2025