earnings
confidence high
sentiment positive
materiality 0.65
Ally Financial Q3 GAAP EPS $1.06, Adjusted $0.95; revenue $2.1B
Ally Financial Inc.
2024-Q3 EPS reported
$2.34
revenue$6,089,000,000
- GAAP EPS of $1.06, up from $0.88 YoY; Adjusted EPS $0.95, up from $0.83.
- Pre-tax income $233M, up $5M YoY; core pre-tax income $188M, down $138M.
- Consumer auto originations $9.4B; retail auto NCO rate 2.24%, elevated.
- Insurance written premiums $384M, up 15% YoY, a record since IPO.
- CET1 ratio 9.8%, up 20 bps QoQ; $4.2B excess capital above 7.1% minimum.