Ally Financial Reports Full Year and Fourth Quarter 2018 Financial Results

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Go back to Ally Financial Reports Full Year and Fourth Quarter 2018 Financial Results

Ally Financial (ALLY) Tops Q4 EPS by 9c

January 30, 2019 7:35 AM EST

Ally Financial (NYSE: ALLY) reported Q4 EPS of $0.92, $0.09 better than the analyst estimate of $0.83.

Net financing revenue of $1,140 million, up 4% YoYRetail auto net charge-off rate of 1.48%, down 26 bps YoYConsolidated net charge-off rate of 0.85%, down 16 bps YoYRetail deposits of $89.1 billion, up $4.5 billion QoQ and up 14% YoYRepurchased $309 million in common stock, with outstanding common share count decreasing 2.8% QoQ

Ally Chief Executive Officer Jeffrey Brown commented on the financial... More