10-Q · May 5, 2026
Ally Financial's Q1 2026 performance demonstrated significant resilience with a total revenue of $2.102 billion, reflecting a notable 36% year-over-year increase from $1.541 billion in Q1 2025. The company reported…
Earnings analysis · 10-Q
ALLY earnings analysis
Filed November 2, 2026 · Our reading of the company's report
The latest report
Ally reported third-quarter EPS of $1.34 and revenue of $2.346 billion, beating consensus estimates of $1.33 and $2.2919 billion, respectively. However, credit-loss provisions were $529 million, up $114 million year…
Read full summary
Ally reported third-quarter EPS of $1.34 and revenue of $2.346 billion, beating consensus estimates of $1.33 and $2.2919 billion, respectively. However, credit-loss provisions were $529 million, up $114 million year over year, leaving credit performance as the principal earnings risk. The 10-Q provides no numerical forward guidance and reports no material changes to the risk factors from the 2025 Form 10-K.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $1.34
What stood out
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EPS and revenue beat consensus
Reported EPS was $1.34, approximately $0.01 above the $1.33 consensus estimate. Revenue was $2.346 billion, approximately $54.1 million above the $2.2919 billion estimate.
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Meaningful share repurchases
Ally repurchased 4.091 million shares during the three months ended September 30, 2026, at a weighted-average price of $43.13 per share.
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Substantial buyback authorization remains
The company had $1.517 billion remaining under its authorized repurchase program at September 30, 2026; the program was originally authorized for up to $2.0 billion.
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Controls remained effective
Management concluded that disclosure controls and procedures were effective as of September 30, 2026, and reported no material changes to internal control over financial reporting during the quarter.
What to watch
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Elevated credit-loss provisions
Credit costs remain a material pressure: the prior earnings disclosure reported credit-loss provisions of $529 million, an increase of $114 million year over year. This indicates continued sensitivity to auto-credit deterioration.
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No relief in existing risk factors
The filing states that there were no material changes to the risk factors in the 2025 Form 10-K, so existing risks—including credit deterioration and funding or deposit pressure—remain applicable as of September 30, 2026.
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Capital allocation versus liquidity needs
The company repurchased 4.091 million shares in the quarter while $1.517 billion remained available under the program, creating ongoing capital-allocation exposure if credit losses or liquidity needs rise.
Management's outlook
The 10-Q does not provide quantitative revenue or EPS guidance, and no change versus prior outlook is disclosed.
Earlier filings 4
10-K · February 25, 2026
Ally positions itself as the nation’s largest all-digital bank with an industry-leading automotive finance and insurance franchise and $196.0 billion in assets as of December 31, 2025. Management is focusing on dealer…
10-Q · October 30, 2025
Ally reported Q3 2025 net revenue of $2,168 million and diluted EPS of $1.18, both improving vs. Q3 2024 (net revenue +$33 million; diluted EPS +$0.63). Provision for credit losses fell to $415 million (Q3 2024: $645…
10-Q · August 4, 2025
Ally reported a stronger Q2 (three months ended June 30, 2025) with total net revenue of $2,082.0M and diluted EPS of $1.04, both higher versus the prior-year quarter. Pre-tax income widened to $436M from $279M a year…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.