Ally's strong Q2 results, driven by record auto originations, expanding NIM, and improving credit quality, reinforce its earnings momentum. Traders should watch for continued execution on deposit growth and capital return, with the next catalyst likely being Q3 guidance or any shift in consumer credit trends.
Price Chart
Executive Summary
Ally Financial reported Q2 2026 GAAP EPS of $1.18, up 14% YoY, and adjusted EPS of $1.21, up 22% YoY. GAAP total net revenue rose 10% YoY to $2.3B, while core pre-tax income grew 26% YoY to $527M. The quarter featured record consumer auto applications, a 21% increase in originations, and a 9% rise in insurance written premiums, with net interest margin expanding 18 bps YoY to 3.63%. The company also executed $148M in share repurchases during the quarter.
Key Facts
- GAAP EPS of $1.18, up 14% YoY; Adjusted EPS of $1.21, up 22% YoY
- GAAP total net revenue of $2.3B, up 10% YoY
- Core pre-tax income of $527M, up 26% YoY
- Net interest margin ex-OID of 3.63%, up 18 bps YoY
- Consumer auto originations of $13.3B from a record 4.6M applications, up 21% YoY
- Insurance written premiums of $382M, up 9% YoY
- Retail auto net charge-offs of 157 bps, down 18 bps YoY
- Common equity tier 1 ratio of 10.1%, up ~20 bps YoY
- Executed $148M of share repurchases during the quarter
- Retail deposits of $144B, 92% FDIC insured, 87% core deposit funded
Financial Impact
GAAP EPS up 14% YoY to $1.18; Adjusted EPS up 22% YoY to $1.21; Revenue up 10% YoY to $2.3B
Risk Factors
- Potential deterioration in consumer credit conditions impacting auto loan performance
- Sensitivity to interest rate changes affecting net interest margin
- Competitive pressure in auto lending and deposit markets
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-prn-302830773 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | Institutional Cluster | $39.06 $38.81 | ▲ +0.64% | ▲ +1.35% | $38.81 (+0.64%) |
Oct 20, 2026 6d ago | Press Release | $37.97 $38.69 | ▲ +1.90% | ▲ +1.37% | $38.81 (+2.21%) |
Oct 20, 2026 6d ago | 8-K | $37.97 $38.69 | ▼ −1.90% | ▼ −1.37% | $38.81 (−2.21%) |
Oct 19, 2026 7d ago | Press Release | $37.97 $38.69 | ▲ +1.90% | ▲ +1.37% | $38.81 (+2.21%) |
Sep 17, 2026 5w ago | Press Release | $40.60 $40.00 | ▼ −1.48% | ▼ −1.61% | $38.81 (−4.41%) |
Sep 16, 2026 5w ago | 8-K | $40.60 $40.00 | ▼ −1.48% | ▼ −1.36% | $38.81 (−4.41%) |
Sep 10, 2026 6w ago | Court Ruling | $42.07 $41.94 | ▼ −0.31% | ▲ +0.14% | $38.81 (−7.75%) |
Sep 9, 2026 6w ago | 424B5 | $41.83 $42.17 | ▲ +0.81% | ▲ +1.41% | $38.81 (−7.22%) |
Sep 4, 2026 7w ago | Court Ruling | $42.28 $41.83 | ▼ −1.06% | ▼ −0.60% | $38.81 (−8.21%) |
Aug 25, 2026 8w ago | Court Ruling | $42.54 $42.74 | ▲ +0.47% | ▼ −0.19% | $38.81 (−8.77%) |
US Market Status
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