
• Reported GAAP EPS of $0.94 up 214.63% YoY • Reported revenue of $2.1B up 36.40% YoY
Bullish
Ally Financial Inc. achieved 90% Adjusted EPS growth and a 13% increase in consumer auto originations, driven by strong applications. Ally also maintained consistent retail deposit customer growth and a robust 10.1% CET1 capital ratio.
Bearish
Ally Financial Inc.'s Auto Finance pre-tax income decreased $39M, while provision for credit losses increased $34M. Additionally, other revenue included a $59M decrease in fair value of equity securities.