Ally(US:ALLY)2025-04-17 16:07Financial Performance - GAAP net loss attributable to common shareholders was $253 million, compared to a net income of $115 million in 1Q 2024[10] - Core net income attributable to common shareholders was $179 million, compared to $125 million in 1Q 2024[10] - Adjusted EPS was $058, compared to $041 in 1Q 2024[10] - Core ROTCE was 83%, compared to 59% in 1Q 2024[10] - Adjusted total net revenue was $2065 billion, compared to $2001 billion in 1Q 2024[10] Key Business Segments - Auto Finance pre-tax income was $375 million[53] - Insurance pre-tax income was $2 million, with core pre-tax income of $17 million[60] - Corporate Finance pre-tax income was $76 million[69] Capital and Asset Quality - CET1 ratio was 95%[32] - Retail Auto NCO rate was 227%[41] - Consolidated coverage rate was 255%[51] Strategic Actions - Reclassified $24 billion in Card assets to 'held-for-sale' as of March 31, generating 40bps of CET1 in total[16] - Sold $41 billion of low-yielding securities and reinvested at current market yields, resulting in a $495 million pre-tax loss[16]