earnings
confidence high
sentiment positive
materiality 0.65
GM Financial Q1 net income $514M (+3% YoY); originations decline; credit metrics weaken slightly
General Motors Financial Company, Inc.
- Net income of $514M vs $499M in Q1 2025 and $460M in Q4 2025.
- Retail loan originations $8.3B, down 13.5% YoY; operating lease originations $4.0B, down 20% YoY.
- Earning assets $123.9B at Mar 31, 2026; available liquidity $35.0B (5.2B cash, 25.8B secured facilities).
- Annualized net charge-offs 1.5% of avg retail receivables (up from 1.2% YoY); 60+ day delinquencies 0.9% (up from 0.7%).
- Commercial finance receivables $15.7B, down from $17.4B at Dec 31, 2025.