Financial Data and Key Metrics Changes - Full year adjusted EPS was $8.61, core ROTC was 24.3%, and revenues reached $8.4 billion, marking record-setting results [6][12][26] - Net financing revenue for Q4 was $1.66 billion, a 27% year-over-year increase, while adjusted other revenue was $533 million [26][27] - Non-interest expense for Q4 was $1.1 billion, driven by customer growth and investments in technology and workforce [26][30] Business Line Data and Key Metrics Changes - Auto originations reached $46.3 billion, the highest level since the early 2000s, with origination yields above 7% for the fourth consecutive year [7][35] - Insurance segment reported total written premiums of $1.2 billion for 2021, with Q4 core pre-tax income of $67 million [9][36] - Ally Bank's customer base grew by 10%, with total deposits increasing to 89% of funding [10][31] Market Data and Key Metrics Changes - Retail deposits ended at $134.7 billion, with a Q4 increase of $3.1 billion, marking six consecutive years of growth above $10 billion [31] - The company expects used vehicle values to decline by 15% to 20% cumulatively by the end of 2023, impacting various income statement components [34][62] Company Strategy and Development Direction - The company aims to deepen customer relationships through digital capabilities and has established a scalable platform for modern banking products [12][16] - Recent acquisition of Fair Square is expected to enhance growth trajectory, with balances increasing by 25% since the acquisition announcement [11][57] - The company is focused on maintaining a disciplined capital management strategy, with a $2 billion buyback authorization and a 20% dividend increase [11][29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate changes in the operating environment, citing strong consumer demand and robust job prospects [8][16] - The company anticipates credit normalization to occur gradually over the next two years, with proactive measures in place to mitigate losses [9][24] - Management highlighted the importance of maintaining an authentic and inclusive culture to drive employee engagement and retention [12][13] Other Important Information - The company achieved carbon neutrality and established an Environmental Sustainability Office, reflecting its commitment to ESG initiatives [14] - Ally's core PPNR has more than doubled since 2014, generating nearly $4.3 billion in 2021, with expectations for continued revenue-driven expansion [22][38] Q&A Session Summary Question: Can you discuss the assumptions underlying the 16% to 18% returns and potential sources of upside? - Management highlighted levels of reserves relative to loss expectations and the robust used car market as potential sources of upside [44][45] Question: What are the expectations for net interest margin (NIM) and deposit betas? - Management expects retail auto yields to continue migrating above 7%, with a healthier liability stack allowing for lower funding costs in a rising rate environment [46][48] Question: Can you discuss the trajectory of the reserve rate and its implications for growth? - Management indicated that retail auto reserves are currently at 3.54%, with expectations for normalization over time, providing a tailwind heading into 2022 and 2023 [52][54] Question: What is the expected growth trajectory for the Fair Square portfolio? - Management anticipates Fair Square balances to grow to $2 billion to $3 billion, reflecting strong customer acquisition and growth trends [57] Question: How should we think about used car values and their impact on the income statement? - Management modeled a straight-line reduction in used vehicle values from 2021 to 2023, but noted that actual trends may show resilience [61][62]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021, or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-3754 Ally Financial Inc. (Exact name of registrant as specified in its charter) Delaware 38-0572512 (State or other jurisdiction of inc ...

Ally Financial Inc. (NYSE:ALLY) Q3 2021 Earnings Conference Call October 21, 2021 9:00 AM ET Company Participants Jeffrey Brown - Chief Executive Officer Jennifer LaClair - Chief Financial Officer Daniel Eller - Investor Relations Conference Call Participants Bill Carcache - Wolfe Research Sanjay Sakhrani - KBW Rob Wildhack - Autonomous Research Betsy Graseck - Morgan Stanley Rick Shane - JPMorgan Moshe Orenbuch - Credit Suisse Kevin Barker - Piper Sandler John Pancari - Evercore ISI Operator Ladies and ge ...

Ally Financial Inc. (NYSE:ALLY) Q2 2021 Results Conference Call July 20, 2021 9:00 AM ET Company Participants Daniel Eller - Head, Investor Relations Jeff Brown - Chief Executive Officer Jenn LaClair - Chief Financial Officer Conference Call Participants Ryan Nash - Goldman Sachs Sanjay Sakhrani - KBW Bill Carcache - Wolfe Research John Hecht - Jefferies Betsy Graseck - Morgan Stanley Moshe Orenbuch - Credit Suisse Operator Good day, and thank you for standing by. Welcome to the Ally Financial Second Quar ...