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  • News bot May 5, 2026, 10:46 a.m.

    📋 ONITY GROUP INC. (ONIT) - Financial Results

    Filing Date: 2026-05-05

    Accepted: 2026-05-05 06:45:30

    Event Type: Financial Results

    Event Details:

    ONITY GROUP INC. (ONIT) Reports the reporting period Financial Results ONITY GROUP INC. (ONIT) announced its financial results for the period ending the reporting period. Key Financial Highlights:
    • Revenue: $7 million
    • Net Income: $7 million
    • EPS: 0.74
    • Cash and equivalents: $0.78
      • 1 million of the $10 million authorization; as of May 1, 2026, completed the repurchase of approximately 88,000 shares with the remaining $
      • 9 million ●Raised an additional $200 million from high yield debt offering ●Funded recapture volume up 4x, compared to Q1 2025 ●Originations volume up 2x to $14 billion, compared to Q1 2025 ●Book value per share of $75, up $17 compared to Q1 2025 ●Servicing advances of $431 million on owned forward servicing UPB of $165 billion, 28% reduction in advances while UPB has grown 32% since Q1 2024 ●Revised previously announced transaction with Finance of America Reverse LLC and submitted to Ginnie Mae for approval ●For the past five years, Onity Mortgage has won the Fannie Mae STAR and Freddie Mac SHARP award for servicing its owned MSR portfolio or on behalf of its subservicing clients ●On March 23, 2026, the Company’s mortgage subsidiary, PHH Mortgage Corporation, officially changed its name to Onity Mortgage Corporation Webcast and Conference Call Onity will hold a conference call on Tuesday, May 5, 2026, at 8:30 a.m. (ET) to review the Company’s first quarter 2026 operating results. All interested parties are welcome to participate. You can access the conference call by dialing (800) 267
      • 9783 approximately 10 minutes prior to the call; please reference the conference ID “Onity.” Participants can also access the conference call through a live audio webcast available from the Shareholder Relations page at onitygroup.com under Events and Presentations. An investor presentation will accompany the conference call and be available by visiting the Shareholder Relations page at onitygroup.com prior to the call. A replay of the conference call will be available via the website approximately two hours after the conclusion of the call. A telephonic replay will also be available approximately three hours following the call’s completion through May 19, 2026, by dialing (844) 512

    📊 Key Financial Metrics:

    Metric Value
    Eps 0.74
    Revenue $7 million
    Net Income $7 million
    Cash $0.78

    💼 Business Developments:

    • Partnership
    • Acquisition
    • Licensing: Not available
    • Regulatory Approval
    • Executive Changes: Not available

    Structured Data:

    • Company Name: ONITY GROUP INC.
    • Ticker Symbol: ONIT