Ally Reports Q3 Earnings, Raises Dividend 17%

Ally Financial reported third-quarter adjusted earnings of $1.34 per share and revenue of $2.3 billion, both matching analyst expectations; revenue rose 8% year over year. Net financing revenue increased, and net interest margin expanded to 3.66%, while the provision for credit losses rose to $529 million. Credit indicators improved year over year, with the consolidated net charge-off rate falling to 1.17% and 60-day-plus retail auto delinquencies declining to 2.49%. Consumer auto originations climbed to $12.9 billion, and Ally reaffirmed its 2026 guidance for net interest margin, charge-offs and expense growth.