---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-189215"
form_type: "8-K"
ticker: "ALLY"
cik: "0000040729"
company_name: "Ally Financial Inc."
filed_at: "2023-07-19T23:59:59+00:00"
generated_at: "2026-06-13T06:37:37.054774+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ally Financial Q2 2023 GAAP EPS $0.99, net income down 34% YoY; deposits grow $500M QoQ

## Summary
- GAAP net income to common shareholders $301M ($0.99/share), down 34% YoY; adjusted EPS $0.96, down 46% YoY.
- Total net revenue $2.08B flat YoY; core pre-tax income $390M, down 41% YoY from $570M.
- Retail auto originations $10.4B on 3.5M apps; annualized net charge-offs 132bps.
- Retail deposits up $0.5B QoQ to $154.3B total; FDIC insured 92%, total liquidity $42.5B.
- CET1 ratio 9.3%; $3.7B capital above regulatory minimum and SCB.

## SEC filing metadata
- accession: 0001193125-23-189215
- form_type: 8-K
- ticker: ALLY
- cik: 0000040729
- company_name: Ally Financial Inc.
- filed_at: 2023-07-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/40729/000119312523189215/0001193125-23-189215-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/40729/000119312523189215/d508671d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-189215
- JSON: https://secwatch.observer/filing/0001193125-23-189215.json
- Plain text: https://secwatch.observer/filing/0001193125-23-189215.txt

## Key facts
- Earnings Releases
  Ally Financial Inc. reported second quarter ended June 30, 2023 results: revenue $2.08 billion, net income $403 million, EPS $0.99.
  - Period: second quarter ended June 30, 2023
  - Revenue: $2.08 billion
  - Net income: $403 million
  - EPS: $0.99
  - Result: preliminary results
  source text: 99.3. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 News release: IMMEDIATE RELEASE Ally Financial Reports Second Quarter 2023 Financial Results $0.99 10.8% $403 million $2.08 billion GAAP EPS RETURN ON COMMON EQUITY PRE-TAX INCOME GAAP TOTAL NET REVENUE $0.96 13.9% $390 million $2.07 billion ADJUSTED EPS 1 CORE ROTCE 1 CORE PRE-TAX INCOME 1 ADJUSTED TOTAL NET
  evidence_url: https://www.sec.gov/Archives/edgar/data/40729/000119312523189215/0001193125-23-189215-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.