Ally Financial

Q2 FY2026 EarningsQ2 FY26 results beat consensus across key profitability metrics: total net revenue $2,286M vs. $2,220M expected (+2.96%), and normalized EPS $1.2225 (aligned with mean). Pretax income reached $537M (+23% YoY), driven by higher financing revenue and lower-than-expected interest expense in the Corporate segment. While provision for credit losses rose to $430M (+12% YoY), strong dealer engagement and a stabilized used vehicle market supported a healthy 1.6% consumer automotive net charge-off ratio, slightly lower than the prior year.