Ally Financial Profit Rises On Financing Revenue Growth

Dow Jones01-21
 

By Nicholas G. Miller

 

Ally Financial reported higher fourth-quarter profit boosted by financing revenue growth.

The company posted net income of $327 million, or 95 cents a share, up from $108 million, or 26 cents a share, the year prior.

Adjusted earnings were $1.09 a share. Analysts polled by FactSet expected $1.02 a share.

Net financing revenue rose $89 million to $1.6 billion, while net interest margin rose 18 basis points to 3.48%.

Provision for credit losses fell $70 million to $487 million.

The company's insurance segment saw its pre-tax income increase $55 million to $91 million, helping to offset income declines in auto finance and corporate finance.

 

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

 

(END) Dow Jones Newswires

January 21, 2026 08:00 ET (13:00 GMT)

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