Ally Financial's Q2 adj revenue beats on record consumer auto applications

Ally Financial

21/07/2026 12:33

    

    Overview
  
U.S. auto lender's Q2 adjusted revenue beat analyst expectations
Adjusted EPS for Q2 rose 22% yr/yr but missed analyst expectations
Company executed $148 mln in share repurchases during the quarter

    

    Outlook
  
Company did not provide specific financial guidance for the current or future periods in the press release

    

    Result Drivers
  
AUTO ORIGINATIONS - Record consumer auto applications and 21% yr/yr growth in originations drove asset and revenue growth
INSURANCE PREMIUMS - Higher insurance written premiums, up 9% yr/yr, contributed to revenue growth
CORPORATE FINANCE - Segment delivered higher pre-tax income on asset growth and favorable provision expense

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Revenue
 
$2.29 bln
 
Q2 Adjusted Revenue
Beat
$2.28 bln
$2.22 bln (15 Analysts)
Q2 Adjusted EPS
Miss
$1.21
$1.23 (16 Analysts)
Q2 Adjusted Net Income
Miss
$375 mln
$394.37 mln (14 Analysts)
Q2 Net Income
 
$367 mln
 

    

    Analyst Coverage
  
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the consumer lending peer group is "buy"
Wall Street's median 12-month price target for Ally Financial Inc is $55.00, about 20.8% above its July 20 closing price of $45.52
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 7 three months ago

    

    Reuters Recommended Reads
  
July 21 - Synchrony beats profit estimates on solid spending, higher interest income 
July 21 - U.S. auto industry races to purge Chinese connected-car hardware amid federal push
July 21 - KeyCorp Q2 net interest income rises on lower deposit costs

    
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)