earnings
confidence high
sentiment positive
materiality 0.70
Onity Q1 net income $21M, diluted EPS $2.50, book value $58, reaffirms 2025 ROE guidance
ONITY GROUP INC.
2025-Q1 EPS reported
$2.50
revenue$249,800,000
- Net income attributable to common stockholders $21M; diluted EPS $2.50; ROE 19%.
- Adjusted pre-tax income $25M; annualized adjusted ROE 22%.
- Book value per share improved to $58, up $2.15 YoY; average servicing UPB $305B, up $13B.
- Total servicing additions of $17B in Q1 2025.
- Confirmed 2025 adjusted ROE guidance of 16%-18%; possible release of $180M deferred tax valuation allowance.