Common Stock, $0.01 Par Value
- Symbol
- ONIT
- Exchange
- NYSE
- Classification
- COMMON
- Status
- Current
Current Report · Items 2.02, 8.01, 9.01 · 8-K
Onity Group Inc.
ONITNYSEEQUITYCurrent
Results of Operations and Financial Condition · Other Events
Item 2.02 Results of Operations and Financial Condition. On February 12, 2026, Onity Group Inc. (together with its wholly-owned subsidiaries including PHH Mortgage Corporation, “Onity” or the “Company”) issued a press release announcing results for the fourth quarter and the year ended December 31, 2025 and providing a business update.…
Company context
Onity Group Inc. (NYSE: ONIT) is a leading non-bank financial services company providing mortgage servicing and originations solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage is one of the largest servicers in the country, focused on delivering a variety of servicing and lending programs to consumers and business clients. Liberty is one of the nation’s largest reverse mortgage lenders dedicated to providing loans that help customers meet their personal and financial needs. We are headquartered in West Palm Beach, Florida, with offices and operations in the United States, the U.S. Virgin Islands, India and the Philippines, and have been serving our customers since 1988. For additional information, please visit onitygroup.com.
Current securities
Historical securities (2)
Registered securities in this filing
ONITY GROUP INC. · 8-K · Filed 2026-02-12
Disclosure sections
Item 2.02Item 2.02 - Results of Operations
Item
2.02 Results of Operations and Financial Condition.
On
February 12, 2026, Onity Group Inc. (together with its wholly-owned subsidiaries including PHH Mortgage Corporation, “Onity”
or the “Company”) issued a press release announcing results for the fourth quarter and the year ended December 31, 2025 and
providing a business update. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
The
information in this Item 2.02 and the information in the related exhibit attached hereto shall not be deemed to be “filed”
for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject
to the liabilities of that Section, nor shall such information be deemed incorporated by reference in any filing under the Securities
Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 8.01Item 8.01 - Other Events
Item
8.01 Other Events
On
February 10, 2026, Onity’s Board of Directors authorized a share repurchase program for an aggregate amount of up to $10.0 million
of the Company’s issued and outstanding shares of common stock. Under the program, Onity is authorized to repurchase shares through
open market purchases. The timing and execution of any share repurchases are subject to market conditions, among other factors, and the
Company may modify, discontinue or suspend the repurchase program at any time. Any shares repurchased will be retired and canceled. Unless
Onity amends the share repurchase program or repurchases the full $10.0 million amount by an earlier date, the share repurchase program
will continue through August 2026. No assurances can be given as to the amount of shares, if any, that the Company may repurchase in
any given period.
Filed exhibits (1)
Exhibit 99.1 Onity Group Inc. ONITY GROUP ANNOUNCES FULL YEAR AND FOURTH QUARTER 2025 RESULTS Delivered record net income and EPS, book value per share of $74, and profitable growth through multi-year transformation Announces $10 million share repurchase program West Palm Beach, FL - (February 12, 2026) - Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced its full year and fourth quarter 2025 results. Full Year 2025: Net income attributable to common stockholders of $185 million; diluted EPS of $21.46; return on equity (“ROE”) of 35% Adjusted pre-tax income* of $82 million, resulting in adjusted ROE* of 17% $85 billion in total servicing additions, including $45 billion in subservicing additions Book value per share increased to $74 or $17 year over year as of December 31, 2025 Increased total GAAP revenue 9% to $1.1 billion compared to FY 2024 Fourth Quarter 2025: Net income attributable to common stockholders of $126 million; diluted EPS of $14.24; ROE of 89% Adjusted pre-tax income* of $9 million, resulting in annualized adjusted ROE* of 7%, includes approximately $14 million increase in MSR runoff related to FHA…
Open exhibit ↗