Ally Financial (ALLY) investor relations material

Executive summary

• Adjusted EPS rose 22% year-over-year to $1.21, with GAAP EPS up 14% to $1.18 and core ROTCE at 11.8%.

• GAAP net income attributable to common shareholders was $367 million, up $43 million year-over-year, and net income from continuing operations reached $410 million for Q2 2026.

• Adjusted net revenue increased 10% year-over-year to $2.3 billion, driven by asset growth and margin expansion.

• Strategic focus on digital-first banking, disciplined execution, and core franchises led to improved earnings power and capital flexibility.

• Retail deposit base grew for the 69th consecutive quarter, totaling $144 billion with 3.6 million customers.

Financial highlights

• Net financing revenue (excluding OID) was $1.7 billion, up 11% year-over-year; NIM ex. OID improved to 3.63%.

• Adjusted tangible book value per share rose 13% year-over-year to $42.12.

• Adjusted non-interest expense was $1.3 billion, up 5% year-over-year; efficiency ratio improved to 48.7%.

• GAAP net revenue was $2.3 billion, up 10% year-over-year.

• Loan-to-deposit ratio at 97%; available liquidity at $62.8 billion.

Outlook and guidance

• Average earning assets expected to grow 3%-5% for the year, up from prior 2%-4% guidance.

• NIM guidance remains 3.6%-3.7%, with potential to exit above the range.

• Consolidated net charge-offs (NCOs) guided to 1.2%-1.3% for the year; retail auto NCO guidance at 1.8%-2.0%.

• Adjusted noninterest expense expected to rise 1% year-over-year.

• Management expects continued growth in automotive and commercial lending, with a focus on risk-adjusted returns.