Ally Financial achieves $2.33 billion quarterly revenue milestone

• Ally Financial reported third-quarter 2026 adjusted earnings of $1.34 per share, matching analyst consensus, while GAAP net income reached $433 million.
• Revenue increased approximately 8% to $2.33 billion, supported by $12.9 billion in consumer auto loan originations and an expanded net interest margin of 3.66%, excluding original issue discount.
• Ally reaffirmed its full-year guidance for net interest margin of 3.60%–3.65%, consolidated net charge-offs of 1.2%–1.3% and adjusted noninterest expense growth of 2%–4%.

Ally Financial (NYSE:ALLY) reported third-quarter 2026 revenue of approximately $2.33 billion, up 8% year over year, as adjusted earnings matched analysts' expectations.

Adjusted earnings reached $1.34 per share, while GAAP net income totaled $433 million, equivalent to $1.30 per share.

The digital banking and auto finance company benefited from higher financing revenue and improving credit indicators, although provisions for credit losses increased.

Consumer auto originations reached $12.9 billion, supported by 4.8 million applications, while net interest margin excluding original issue discount rose to 3.66%.

Ally reaffirmed its full-year net interest margin guidance of 3.60%–3.65% and projected consolidated net charge-offs of 1.2%–1.3%.

The net charge-off rate improved to 1.17%, while retail auto delinquencies exceeding 60 days declined to 2.49% from the prior-year period.

Ally's credit-loss provision increased to $529 million from $415 million a year earlier, reflecting reserve additions associated with portfolio growth and credit trends.