NYSE$ALLY

Ally Financial Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Ally's results were impacted by an impairment on a nonmarketable equity investment related to the mortgage business and higher provisions due to loan growth in auto finance.

Ally Financial reported a GAAP EPS of $0.88 and adjusted EPS of $1.12 for Q3 2022. The company's performance was influenced by an impairment on a nonmarketable equity investment and increased provisions for credit losses. Despite these challenges, Ally saw growth in retail deposits and consumer auto originations.

  • Consumer auto originations reached $12.3 billion.
  • Retail deposit balances increased to $133.9 billion.
  • Completed $415 million of share repurchases.
  • Net income attributable to common shareholders was $272 million.

Headline financials

Total Revenue

$2.02B

Previous: $1.99B+1.6%
EPS (adj)

$1.12

Previous: $2.16-48.1%
Net Interest Margin

3.8%

Previous: 3.7%+4.1%
Net Charge-Off Rate

1.1%

Previous: 0.3%+288.9%
Consumer Auto Originations

$12.3B

Previous: $7.10+173239436519.7%
Insurance Combined Ratio

291000000.0%

No prior period
Free Cash Flow

$299M

Previous: $712M-58.0%
Net Income

$299M

Previous: $712M-58.0%
Operating Income

$675M

Previous: $1.07B-36.9%
Gross Profit

$1.95B

Previous: $1.84B+5.8%
Cash & Equivalents

$5B

Previous: $10.9B-54.2%
Total Assets

$189B

Previous: $179B+5.3%

Revenue & EPS history

Ally · Revenue · Quarterly

$2.02B

Q3 2022+1.6%vs Q3 2021
Beat estimate in 4 of 14 quarters(29%)
ActualEstimate

Revenue by segment

Ally · $549M total across 3 segments · Q3 2022

  • Automotive Finance
    $488M-63.3%
  • Corporate Finance
    $91M+18.2%
  • Insurance Operations
    -$30M-110.2%

Forward guidance

Ally remains focused on delivering solid results each quarter while actively monitoring the uncertainty which lies ahead.

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 Q3 2022

Historical avgQ3 2022

+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

Earnings price reactions
QuarterReport dateReaction (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
Q2 2013
Q1 2013
Q4 2009
Q4 2011
Q4 2012
Q3 2012
Q2 2012
Q1 2011
Q1 2012
Q4 2010
Q3 2011
Q3 2010
Q2 2011
Q2 2010
Q1 2010

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