Quarterly ResultApr 27, 2026, 09:02 AM
ALLY Q1 GAAP EPS $0.93, Adj. EPS $1.11; Pre-tax Income $400M; Preferred Stock Offering
AI Summary
Ally Financial Inc. reported strong first-quarter 2026 financial results, with GAAP EPS of $0.93 and Adjusted EPS of $1.11, significantly up year-over-year. Pre-tax income reached $400 million, a substantial increase from a loss in the prior year. Concurrently, the company announced a proposed public offering of Series D Preferred Stock, with proceeds intended for general corporate purposes, including potential redemption of Series B Preferred Stock.
Key Highlights
- GAAP EPS $0.93; Adjusted EPS $1.11, up ~90% YoY.
- GAAP Pre-tax income $400M, up $684M YoY from a loss.
- Return on Common Equity 8.8%; Core ROTCE 11.1%, up ~440 bps YoY.
- NIM ex. OID 3.52%, up 17 bps YoY.
- Executed $147M in share repurchases.
- Reported $11.5B of consumer auto originations from 4.4M applications.
- Announced proposed public offering of Series D Preferred Stock.