Recent Updates — ALLY
Ally Financial Inc. reported preliminary second quarter 2026 results with GAAP EPS of $1.18, up 14% year-over-year, and Adjusted EPS of $1.21, up 22%. GAAP pre-tax income rose 23% to $537 million, while GAAP total net revenue reached $2.3 billion. The company reported a common equity tier 1 ratio of 10.1% and executed $148 million in share repurchases during the quarter. Operational highlights include $13.3 billion in consumer auto originations and $144 billion in retail deposits. The company also issued $1.0 billion of fixed-rate reset perpetual preferred stock at 7.1% to redeem $1.35 billion of Series B preferred stock. Ally Financial is a financial holding company that operates a digital bank and provides auto finance, insurance, and corporate finance services.