ALLY FINANCIAL INC. ALLY Income Statement

Ally financial inc. (ALLY)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Financing Revenue and Other Income [Abstract]
Interest and fees on finance receivables and loans
1,742	1,811	1,859	1,860	1,807	1,790	1,708	1,647	1,543	1,518	1,486	1,447	1,368	1,355	1,307	1,265	1,235	1,212	1,166	1,118	1,074	1,112	1,114	1,124	1,107	1,136	1,119	1,139	1,135	1,165	1,141	1,140	1,093	-787	1,680	1,675	1,621	1,656	1,617
Interest on loans held-for-sale
2	4	8	3	2	5	4	6	0	-	0	0	-	-	-	-	-	0	2	14	24	0	0	1	0	1	0	3	16	24	23	20	31	-76	86	86	84	153	156
Interest and Dividend Income, Securities, Operating
226	234	237	244	240	226	198	188	176	162	157	146	134	116	101	99	102	98	102	93	88	85	94	93	95	96	85	76	68	77	64	77	74	39	102	106	103	86	90
Interest on trading assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1	9	-2	4	3	3	5	6
Interest on cash and cash equivalents
14	15	19	21	23	22	18	17	15	14	11	7	5	4	3	4	3	2	2	2	2	2	2	1	3	2	3	2	3	5	8	9	2	-26	14	15	12	22	18
Operating leases
367	378	368	363	361	365	368	374	382	402	434	488	543	592	649	701	769	812	830	860	896	905	899	884	870	855	832	788	734	680	631	561	507	146	530	598	655	855	1,011
Total financing revenue and other interest income
2,351	2,442	2,491	2,491	2,433	2,408	2,296	2,232	2,116	2,096	2,088	2,088	2,050	2,067	2,060	2,069	2,109	2,124	2,102	2,087	2,084	2,104	2,109	2,103	2,075	2,090	2,039	2,008	1,956	1,951	1,867	1,808	1,716	-706	2,416	2,483	2,478	2,777	2,898
Interest Expense [Abstract]
Interest on deposits
592	637	658	651	592	523	462	399	351	311	285	250	231	222	212	203	193	188	181	177	172	169	166	166	163	165	163	162	164	164	158	160	163	99	179	171	166	172	155
Interest on short-term borrowings
17	21	33	37	44	48	29	40	32	33	34	33	27	18	14	12	13	13	13	12	11	12	12	13	15	16	15	16	16	15	20	19	17	-179	61	87	92	110	99
Interest on long-term debt
348	366	378	407	419	457	451	434	411	396	416	417	424	434	430	436	442	404	410	419	429	491	493	549	534	589	609	703	701	768	851	837	880	-100	1,293	1,331	1,406	1,451	1,409
Total interest expense
957	1,024	1,069	1,095	1,055	1,028	942	873	794	740	735	700	682	674	656	651	648	605	604	608	612	672	671	728	712	770	787	881	881	947	1,029	1,016	1,060	-180	1,533	1,589	1,664	1,733	1,663
Net depreciation expense on operating lease assets
248	262	234	239	246	240	247	265	273	262	272	321	389	417	408	434	510	536	528	563	622	633	549	509	542	546	515	499	435	393	366	335	305	219	276	176	270	454	526
Net financing revenue and other interest income
1,146	1,156	1,188	1,157	1,132	1,140	1,107	1,094	1,049	1,094	1,081	1,067	979	976	996	984	951	983	970	916	850	799	889	866	821	774	737	628	640	611	472	457	351	-745	607	718	544	590	709
Other revenue [Abstract]
Servicing fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	10	-	6	7	9	12	13	19	82	83	91	113	122	-508	335	341	357	404	384
Servicing asset valuation and hedge activities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-12	-201	-78	134	46	-106	229	-471	-105	-87	-27	-21
Total servicing income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12	13	7	-119	5	225	159	16	-279	-136	236	270	377	363
Insurance premiums and service revenue earned
277	285	280	261	261	269	258	239	256	253	252	227	241	241	238	236	230	234	236	237	233	243	246	249	241	244	251	258	259	262	262	261	270	-35	390	399	399	470	477
Gain on mortgage and automotive loans, net
-12	6	10	2	10	6	17	1	1	3	15	36	14	7	0	3	1	0	-2	1	46	1	0	6	0	3	15	-1	38	131	142	86	20	-72	95	116	90	326	266
Gain (Loss) on Investments
-79	69	27	39	108	-87	22	27	-12	29	23	23	27	40	52	39	54	49	6	45	55	52	45	41	43	24	41	64	51	16	-23	64	89	7	75	92	84	100	112
Gain (Loss) on Extinguishment of Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-4	-3	0	-156	-198	-156	0	-7	-39	-17	-42	0	0	-	0	-	-	0	0	-25	-39	-2	-3
Noninterest Income, Other Operating Income
80	127	96	93	87	110	101	97	109	94	91	102	114	100	98	96	95	86	92	84	97	97	78	69	67	59	93	74	157	214	169	144	210	48	130	239	204	186	173
Nonoperating Income (Expense)
266	487	413	395	466	298	398	364	354	379	381	388	396	392	388	374	376	356	332	211	243	215	375	365	321	325	371	402	386	480	775	714	605	-331	554	1,057	1,008	1,457	1,388
Total net revenue
1,412	1,643	1,601	1,552	1,598	1,438	1,505	1,458	1,403	1,473	1,462	1,455	1,375	1,368	1,384	1,358	1,327	1,339	1,302	1,127	1,093	1,014	1,264	1,231	1,142	1,099	1,108	1,030	1,026	1,091	1,247	1,171	956	-1,076	1,161	1,775	1,552	2,047	2,097
Provision for credit losses
903	276	263	177	282	266	233	158	261	294	314	269	271	267	258	172	220	240	211	140	116	155	102	63	137	140	141	89	131	93	105	33	98	-52	50	50	113	9	218
Noninterest Expense [Abstract]
Compensation and benefits expense
360	312	296	296	318	283	274	292	306	281	264	265	285	250	248	242	252	237	235	236	255	237	241	215	254	237	245	252	285	276	257	270	303	-139	293	415	424	392	388
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims
74	61	74	127	59	54	77	101	63	54	65	125	88	55	69	145	73	54	61	122	56	57	97	188	68	59	85	146	115	117	90	149	98	-115	170	227	170	229	224
Other operating expenses
486	507	468	458	453	467	456	446	445	434	424	420	405	416	418	386	385	377	378	366	384	378	404	418	391	588	432	403	558	558	498	552	454	-409	754	892	746	1,092	832
Total noninterest expense
920	880	838	881	830	804	807	839	814	769	753	810	778	721	735	773	710	668	674	724	695	672	742	821	713	884	762	801	958	951	845	971	855	-663	1,217	1,534	1,340	1,713	1,444
(Loss) income from continuing operations before income tax (benefit) expense
-411	487	500	494	486	368	465	461	328	410	395	376	326	380	391	413	397	431	417	263	282	187	420	347	292	75	205	140	-63	47	297	167	3	-361	-106	191	99	325	435
Income tax expense from continuing operations
-92	106	119	-90	111	79	91	113	76	231	115	122	113	134	130	56	150	155	144	94	103	36	127	64	94	-4	28	40	-123	-887	46	-16	1	-64	93	83	-70	48	33
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
-319	381	381	584	375	289	374	348	252	179	280	254	213	246	261	357	247	276	273	169	179	151	293	283	198	79	177	100	60	934	251	183	2	-297	-199	108	169	277	402
Loss from discontinued operations, net of tax
0	-3	0	-2	-1	-	0	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-319	378	381	582	374	290	374	349	250	181	282	252	214	248	209	360	250	263	268	182	576	177	423	323	227	104	91	-927	1,093	1,400	384	-898	310	-206	-210	113	146	269	565
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent
583	-	106	309	306	-	-133	-70	-	-	48	76	20	-	-4	120	146	-	61	-148	31	-	-55	89	92	-	4	-181	-317	-	218	-206	187	-	-281	89	-25	-	-
Other Comprehensive Income (Loss), Net of Tax
-	-	-	-	-	-	-	-	-328	-	-	-	20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive Income
264	-	487	891	680	-	241	279	-78	-	330	328	234	-	205	480	396	-	329	34	607	-	368	412	319	-	95	-1,108	776	-	602	-1,104	497	-	-491	202	121	-	-
Income (loss) from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-2	-	2	-2	1	2	-52	3	3	-13	-5	13	397	26	130	40	29	25	-86	-1,027	1,033	466	133	-1,081	308	91	-11	5	-23	-8	163
Net income (loss) from continuing operations
-319	381	381	584	375	289	374	348	252	179	280	254	213	-	261	357	-	-	-	-	-	-	-	-	-	-	177	100	60	-	251	183	2	-297	-199	108	169	277	402
Preferred stock dividends - U.S. Department of Treasury
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	133	-	134	134	134	133	133	134	134	257	-
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	67	-	67	67	67	68	66	57	69	70	25
Impact of preferred stock amendment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-32	-	-
Net income (loss) from continuing operations attributable to common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-140	-	50	-18	-199	-498	-398	-83	-2	50	-377
Net income (loss) attributable to common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	893	-	183	-1,099	109	-407	-409	-78	-25	-58	540
Basic weighted-average common shares outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	412	-	1	1	1	-1,330,967	1	1	1,330,970	0	0
Diluted weighted-average common shares outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	412	-	1	1	1	-1,330,967	1	1	1,330,970	0	1
Earnings Per Share, Basic [Abstract]
Net (loss) income from continuing operations, basic earnings per common share
-0.85	1.00	0.98	1.47	0.93	0.69	0.89	0.81	0.58	0.41	0.62	0.55	0.46	0.53	0.54	0.70	0.48	-1.95	0.49	-2.24	0.23	0.17	0.47	0.45	0.27	-0.87	-0.06	-0.24	-0.34	125.38	38.00	-13.00	-149.00	-375.00	-299.00	-62.00	-2.00	-63.00	472.00
Loss from discontinued operations, net of tax, basic earnings per common share
-	-	0.00	0.00	-	0.01	0.00	0.00	-0.01	0.02	0.00	-0.01	0.00	0.00	-0.11	0.01	0.01	-0.03	-0.01	0.03	0.82	0.05	0.27	0.09	0.06	0.07	-0.21	-2.49	2.50	480.58	100.00	-812.00	231.00	68.00	-8.00	4.00	-17.00	-10.00	204.00
Net (loss) income, basic earnings per common share
-0.85	1.00	0.97	1.46	0.93	0.70	0.89	0.81	0.57	0.41	0.63	0.55	0.46	0.52	0.43	0.71	0.49	-1.98	0.48	-2.22	1.06	0.22	0.74	0.54	0.33	-0.80	-0.27	-2.73	2.16	605.96	138.00	-825.00	82.00	-307.00	-307.00	-58.00	-19.00	-73.00	676.00
Earnings Per Share, Diluted [Abstract]
Net (loss) income from continuing operations, diluted earnings per common share
-0.85	1.00	0.97	1.46	0.92	0.70	0.88	0.80	0.57	0.40	0.62	0.55	0.46	0.52	0.54	0.70	0.48	-1.95	0.49	-2.24	0.23	0.17	0.47	0.45	0.27	-0.87	-0.06	-0.24	-0.34	125.38	38.00	-13.00	-149.00	-375.00	-299.00	-62.00	-2.00	-63.00	211.00
Loss from discontinued operations, net of tax, diluted earnings per common share
-	-	0.00	0.00	-	0.01	0.00	0.00	-0.01	0.02	0.00	-0.01	0.00	0.00	-0.11	0.01	0.01	-0.03	-0.01	0.03	0.82	0.05	0.27	0.09	0.06	0.07	-0.21	-2.49	2.50	480.58	100.00	-812.00	231.00	68.00	-8.00	4.00	-17.00	-10.00	91.00
Net (loss) income, diluted earnings per common share
-0.85	0.99	0.97	1.46	0.92	0.69	0.88	0.81	0.57	0.40	0.63	0.55	0.46	0.52	0.43	0.71	0.49	-1.97	0.47	-2.22	1.06	0.22	0.74	0.54	0.33	-0.80	-0.27	-2.73	2.16	605.96	138.00	-825.00	82.00	-307.00	-307.00	-58.00	-19.00	-73.00	302.00
Cash dividends declared per common share
0.19	0.17	0.17	0.17	0.17	0.15	0.15	0.13	0.13	0.12	0.12	0.08	0.08	0.08	0.08	0.00	0.00	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retained earnings
Net income
-	-	-	-	-	-	-	-	250	-	282	252	214	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-