Ally Financial gains after Q1 profit beat

Ally Financial

17/04/2026 12:26

** Shares of auto lender Ally Financial ALLY.N rise 1.9% to $42.75 premarket after Q1 profit beat

** Co reports Q1 adj. EPS of $1.1 vs estimates of 93 cents, per LSEG data

** Q1 consumer auto financing and portfolio yields increase

** Co says improved insurance results driven by lower weather losses and higher investment income

** Lower noninterest expense due to the sale of the credit card business

** ALLY beats adj. EPS estimates for twelfth consecutive quarter - LSEG data

** As of last close, ALLY stock down 7.4% YTD

 (Reporting by Utkarsh Tushar Hathi)

 ((utkarshtushar.hathi@thomsonreuters.com))