secwatch.observer — SEC 8-K summary
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Issuer:     Ally Financial Inc. (ALLY)
CIK:        0000040729
Form:       8-K
Filed at:   2024-07-22T23:59:59+00:00
Accession:  0001193125-24-181952
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ally Financial Q2 2024 GAAP EPS $0.86, adjusted EPS $0.97, core ROTCE 14.0%
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- GAAP net income $266M, EPS $0.86; adj. EPS $0.97, core pre-tax income $299M.
- NIM ex. OID 3.30%, up 14 bps QoQ; CET1 ratio 9.6% (+18 bps), $4B excess CET1.
- Retail auto originations $9.8B, yield 10.59%; NCO rate 1.81%, down 46 bps QoQ.
- Insurance written premiums $344M, up 15% YoY; retail deposits $142B, down $3B QoQ.
- 3.2M retail deposit customers, added 54K in Q2; 1.2M active credit cardholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/40729/000119312524181952/0001193125-24-181952-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/40729/000119312524181952/d851491d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-181952

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