Ally Financial Logs 1Q Profit, Higher Revenue

Dow Jones

Apr 17

By Adriano Marchese

Ally Financial swung to a profit and saw higher revenue in the first quarter as the company lapped last year's heavy one-time charges.

The online bank and auto lender on Friday reported net income of $291 million, or 93 cents a share, compared with a loss of $253 million, or 82 cents a share, in the same quarter a year ago.

Adjusted earnings were $1.11 a share. According to FactSet, analysts were expecting 90 cents a share.

Net revenue rose 36% to $2.1 billion, just shy of analyst expectations of $2.14 billion. The rise was due largely to other revenue, which was up $450 million at $513 million due to a one-time loss in the previous year.

Provision for credit losses, which is money put aside to cover any bad loans, increased $276 million to $467 million.

Return on common equity was 8.8%, compared with an 8.6% decline a year earlier.

The common equity tier 1 ratio, a measure of how much capital a bank has relative to the risks it takes, was 10.1%, representing a 60 basis-point increase.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

April 17, 2026 07:37 ET (11:37 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2628203405"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2628203405\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2628203405?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-17 19:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2628203405","market":"sh","top_or_hot":-1,"title":"Ally Financial Logs 1Q Profit, Higher Revenue","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Adriano Marchese \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Ally Financial swung to a profit and saw higher revenue in the first quarter as the company lapped last year's heavy one-time charges. \n</p>\n<p>\n  The online bank and auto lender on Friday reported net income of $291 million, or 93 cents a share, compared with a loss of $253 million, or 82 cents a share, in the same quarter a year ago. \n</p>\n<p>\n  Adjusted earnings were $1.11 a share. According to FactSet, analysts were expecting 90 cents a share. \n</p>\n<p>\n  Net revenue rose 36% to $2.1 billion, just shy of analyst expectations of $2.14 billion. The rise was due largely to other revenue, which was up $450 million at $513 million due to a one-time loss in the previous year. \n</p>\n<p>\n  Provision for credit losses, which is money put aside to cover any bad loans, increased $276 million to $467 million. \n</p>\n<p>\n  Return on common equity was 8.8%, compared with an 8.6% decline a year earlier. \n</p>\n<p>\n  The common equity tier 1 ratio, a measure of how much capital a bank has relative to the risks it takes, was 10.1%, representing a 60 basis-point increase. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 17, 2026 07:37 ET (11:37 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ally Financial Logs 1Q Profit, Higher Revenue</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlly Financial Logs 1Q Profit, Higher Revenue\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-17 19:37</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Adriano Marchese \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Ally Financial swung to a profit and saw higher revenue in the first quarter as the company lapped last year's heavy one-time charges. \n</p>\n<p>\n  The online bank and auto lender on Friday reported net income of $291 million, or 93 cents a share, compared with a loss of $253 million, or 82 cents a share, in the same quarter a year ago. \n</p>\n<p>\n  Adjusted earnings were $1.11 a share. According to FactSet, analysts were expecting 90 cents a share. \n</p>\n<p>\n  Net revenue rose 36% to $2.1 billion, just shy of analyst expectations of $2.14 billion. The rise was due largely to other revenue, which was up $450 million at $513 million due to a one-time loss in the previous year. \n</p>\n<p>\n  Provision for credit losses, which is money put aside to cover any bad loans, increased $276 million to $467 million. \n</p>\n<p>\n  Return on common equity was 8.8%, compared with an 8.6% decline a year earlier. \n</p>\n<p>\n  The common equity tier 1 ratio, a measure of how much capital a bank has relative to the risks it takes, was 10.1%, representing a 60 basis-point increase. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 17, 2026 07:37 ET (11:37 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ALLY","symbol_name":"Ally Financial Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2628203405","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2628203405","pubTimestamp":1776425820,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Ally Financial swung to a profit and saw higher revenue in the first quarter as the company lapped last year's heavy one-time charges.The online bank and auto lender on Friday reported net income of $291 million, or 93 cents a share, compared with a loss of $253 million, or 82 cents a share, in the same quarter a year ago.Adjusted earnings were $1.11 a share. According to FactSet, analysts were expecting 90 cents a share.Net revenue rose 36% to $2.1 billion, just shy of analyst expectations of $2.14 billion. The rise was due largely to other revenue, which was up $450 million at $513 million due to a one-time loss in the previous year.Provision for credit losses, which is money put aside to cover any bad loans, increased $276 million to $467 million.Return on common equity was 8.8%, compared with an 8.6% decline a year earlier.The common equity tier 1 ratio, a measure of how much capital a bank has relative to the risks it takes, was 10.1%, representing a 60 basis-point increase.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"ALLY":"Ally Financial Inc."},"translate_title":"Ally Financial第一季度盈利，收入增加","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ALLY":1.5},"content_text":"By Adriano Marchese \n\n\n \n\n\n  Ally Financial swung to a profit and saw higher revenue in the first quarter as the company lapped last year's heavy one-time charges. \n\n\n  The online bank and auto lender on Friday reported net income of $291 million, or 93 cents a share, compared with a loss of $253 million, or 82 cents a share, in the same quarter a year ago. \n\n\n  Adjusted earnings were $1.11 a share. According to FactSet, analysts were expecting 90 cents a share. \n\n\n  Net revenue rose 36% to $2.1 billion, just shy of analyst expectations of $2.14 billion. The rise was due largely to other revenue, which was up $450 million at $513 million due to a one-time loss in the previous year. \n\n\n  Provision for credit losses, which is money put aside to cover any bad loans, increased $276 million to $467 million. \n\n\n  Return on common equity was 8.8%, compared with an 8.6% decline a year earlier. \n\n\n  The common equity tier 1 ratio, a measure of how much capital a bank has relative to the risks it takes, was 10.1%, representing a 60 basis-point increase. \n\n\n \n\n\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 17, 2026 07:37 ET (11:37 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}