Friday 21st of January 2022 04:34:38 AM

Ally Financial Non-GAAP EPS of $2.02 beats by $0.05, revenue of $2.2B beats by $130M

  • Ally Financial press release (NYSE:ALLY): Q4 Non-GAAP EPS of $2.02 beats by $0.05.
  • Revenue of $2.2B (+10.0% Y/Y) beats by $130M.
  • Shares -3% PM.
  • Consumer auto originations of $10.9B, +20% YoY
  • Retail deposit growth of $3.1B QoQ with average retail portfolio interest rate declining 4 basis points (bps) QoQ to 0.61%
  • Closed acquisition of Fair Square Financial in December 2021; $953M of loan balances at year-end, up 66% YoY


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