Ally Financial Inc. reported results for the second quarter of 2026, posting revenue of $2.286B and diluted EPS of $1.18, with net income attributable to common shareholders of $410M. Revenue rose 9.8% year-over-year and net income and EPS increased on stronger automotive, insurance and deposit franchise performance.
Financial Highlights
- Revenue was $2.286B, compared with $2.082B in the prior-year quarter; YoY change 9.8%.
- Net income was $410M, compared with $352M in the prior-year quarter; YoY change 16.5%.
- Diluted EPS was $1.18, compared with $1.04 in the prior-year quarter; YoY change 13.5%.
Business Highlights
- Total net revenue increased roughly 10% YoY in Q2 2026, driven by gains in automotive and insurance businesses.
- Dealers remained a strong origination channel; Ally expanded used retail share and materially increased direct-digital lending and purchases from Carvana.
- Ally Bank grew retail deposits and reached approximately 3.6M primary deposit customers; Ally Invest saw increases in customer assets and accounts.
- Operational mix shifted toward higher-yield originations and more operating leases with residual guarantees to reduce remarketing volatility.
- Insurance premiums and P&C and GAP volumes rose; investment gains helped support underwriting results.
Original SEC Filing:
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