secwatch.observer — SEC 8-K summary
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Issuer:     Ally Financial Inc. (ALLY)
CIK:        0000040729
Form:       8-K
Filed at:   2023-04-19T23:59:59+00:00
Accession:  0001193125-23-105689
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ally Financial Q1 GAAP EPS $0.96, down 48% YoY; adjusted EPS $0.82, down 59%
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- GAAP net income $291M, down 54% from $627M in Q1 2022; GAAP EPS $0.96 vs $1.86.
- Adjusted EPS $0.82; Core PPNR $781M, down 28% YoY from $1.088B.
- Retail deposits grew $813M with 126k net new customers; total deposits $154B, up $11.5B YoY.
- Consumer auto originations $9.5B; annualized retail auto net charge-offs at 168bps.
- CET1 ratio 9.2%; total available liquidity $43B, 3.6x uninsured deposits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/40729/000119312523105689/0001193125-23-105689-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/40729/000119312523105689/d466942d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-105689

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