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