Ally Financial Inc. Announces Preliminary Operating Results for Q4 and Full Year 2024

Ally Financial Inc. (NYSE: ALLY) recently disclosed its preliminary operating results for the fourth quarter and full year ended December 31, 2024. In a press release issued on January 22, 2025, the company shared an overview of its financial performance during this period.

For the fourth quarter of 2024, Ally reported net financing revenue of $1.509 billion, slightly lower compared to the previous quarter. Preliminary results highlighted various interest and fee incomes on finance receivables and loans. The company’s total interest and dividends on investment securities were $233 million, with operating leases contributing around $350 million to the overall financing revenue.

In light of these results, the company’s total assets at the end of the reporting period amounted to $191.836 billion, reflecting a slight decline. Consumer loans totaled $103.285 billion, while commercial loans stood at $32.745 billion. Deposits were reported at $151.574 billion, and the total equity was recorded at $13.903 billion.

Ally Financial Inc. underscored that the information shared in the press release should be read alongside its financial statements, notes, and relevant data found in its Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K.

Investors and stakeholders are encouraged to review the detailed information in Ally Financial’s regulatory filings for a comprehensive analysis of its financial health and future outlook.

The company continues to navigate market challenges and opportunities while aiming to drive sustainable growth in the financial services sector.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Ally Financial’s 8K filing here.

Ally Financial Company Profile

Ally Financial Inc, a digital financial-services company, provides various digital financial products and services in the United States, Canada, and Bermuda. The company operates through Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations segments.