NYSE$ALLY
Ally Financial Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Ally's Q1 2023 financial results were reported, highlighting the strength of its franchises amidst a dynamic macro environment.
Ally Financial reported a net income attributable to common shareholders of $291 million and GAAP earnings per share of $0.96 for Q1 2023. The results reflect the strength of Ally's franchises despite market volatility, with a focus on maintaining healthy levels of liquidity, capital, and reserves. The company saw growth in retail deposits and consumer auto applications, while also making adjustments to manage risks in the current environment.
- Net income attributable to common shareholders was $291 million.
- GAAP earnings per share was $0.96.
- Retail deposits increased by $813 million with 126 thousand net new deposit customers.
- Consumer auto applications drove $9.5 billion of origination volume.
Headline financials
Revenue & EPS history
Ally · Revenue · Quarterly
$2.1B
Revenue by segment
Ally · $1.63B total across 2 segments · Q1 2023
- Automotive Finance$1.32B+82.3%81.1%
- Insurance Operations$309M+2276.9%18.9%
Forward guidance
Ally sees opportunities across all businesses but is mindful of the current environment and is making necessary adjustments to manage risks.
Tailwinds
- Continued strength of franchises
- Healthy levels of liquidity
- Healthy levels of capital
- Healthy levels of reserves
- Resilience of deposit franchise
Headwinds
- Dynamic macro environment
- Heightened volatility in markets
- Need to manage risks
- Potential for slightly lower origination levels
- Tightening underwriting in certain segments
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2023
+0.5%
Avg return
Earnings day
+0.9%
Avg return
5 days after
+2.2%
Avg return
30 days after
44%
22 / 50 earnings
Positive
+23.3%
Q4 2022
Best reaction
-9.2%
Q3 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | -0.1% | +9.0% | +0.1% | |
| Q1 2026 | -0.7% | +9.0% | +0.1% | |
| Q3 2025 | +3.6% | +5.6% | +2.2% | |
| Q2 2025 | +0.0% | -1.6% | +8.6% | |
| Q1 2025 | -1.7% | -2.4% | +12.0% | |
| Q4 2024 | +3.9% | +2.8% | -1.8% | |
| Q3 2024 | -0.1% | +1.9% | +9.9% | |
| Q2 2024 | +0.7% | +4.9% | -0.1% | |
| Q1 2024 | +7.7% | +9.5% | +10.6% | |
| Q4 2023 | +13.0% | +13.5% | +12.0% | |
| Q3 2023 | -6.1% | -11.2% | +7.4% | |
| Q2 2023 | -3.2% | -2.6% | -8.2% | |
| Q1 2023 | -1.8% | -2.8% | -1.6% | |
| Q4 2022 | +23.3% | +24.7% | +18.6% | |
| Q3 2022 | -8.5% | -7.4% | -9.4% | |
| Q2 2022 | -1.2% | -6.2% | +3.8% | |
| Q1 2022 | -3.8% | -6.2% | -13.7% | |
| Q4 2021 | -4.7% | -1.5% | +1.6% | |
| Q3 2021 | -9.2% | -9.8% | -14.1% | |
| Q2 2021 | +9.5% | +7.9% | +6.7% | |
| Q1 2021 | +1.0% | +3.7% | +9.7% | |
| Q4 2020 | -1.5% | -8.7% | +7.2% | |
| Q3 2020 | +2.1% | -0.0% | +7.3% | |
| Q2 2020 | -5.2% | -4.1% | +1.0% | |
| Q1 2020 | -7.7% | -7.0% | +7.1% | |
| Q4 2019 | +8.1% | +3.6% | -5.9% | |
| Q3 2019 | -4.7% | -4.2% | -3.6% | |
| Q2 2019 | +5.1% | +7.2% | -2.2% | |
| Q1 2019 | +0.9% | +0.3% | -0.9% | |
| Q4 2018 | +3.0% | +4.7% | +6.8% | |
| Q3 2018 | -0.4% | +2.5% | +1.9% | |
| Q2 2018 | -2.5% | -4.3% | -2.6% | |
| Q1 2018 | -4.4% | -5.7% | -3.7% | |
| Q4 2017 | -1.7% | -4.6% | -9.5% | |
| Q3 2017 | +5.6% | +6.5% | +7.7% | |
| Q2 2017 | +4.5% | +4.9% | +4.8% | |
| Q1 2017 | -6.3% | -5.6% | -9.6% | |
| Q4 2016 | +9.7% | +15.3% | +14.3% | |
| Q3 2016 | -4.5% | -7.6% | +1.2% | |
| Q2 2016 | +0.2% | +2.3% | +12.0% | |
| Q1 2016 | -3.4% | — | — | |
| Q4 2015 | +6.4% | — | — | |
| Q3 2015 | -3.8% | — | — | |
| Q2 2015 | +6.6% | — | — | |
| Q1 2015 | +6.2% | — | — | |
| Q4 2014 | -6.5% | — | — | |
| Q3 2014 | +2.7% | — | — | |
| Q2 2014 | -4.0% | — | — | |
| Q1 2014 | -0.4% | — | — | |
| Q4 2013 | +1.1% | — | — | |
| Q3 2013 | — | — | — | |
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| Q1 2011 | — | — | — | |
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| Q4 2010 | — | — | — | |
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| Q3 2010 | — | — | — | |
| Q2 2011 | — | — | — | |
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