Ally Financial Inc. (ALLY) financial statements (2021 and earlier)

Company profile

Business Address ALLY DETROIT CENTER
DETROIT, MI 48226
State of Incorp. DE
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments16,69220,56619,7447,1024,1714,1874,154
Cash and cash equivalents15,62119,93919,1316,1613,5553,6173,563
Short-term investments1,071627613941616570591
Total current assets:16,69220,56619,7447,1024,1714,1874,154
Noncurrent Assets
Finance lease, right-of-use asset   48   
Operating lease, right-of-use asset162140137142168168172
Property, plant and equipment726705685641646632605
Long-term investments and receivables320362361350358322317
Long-term investments320362361350358322317
Intangible assets, net (including goodwill)393398403457462240240
Goodwill343343343393393240240
Intangible assets, net (excluding goodwill)5055606469  
Amortization method qualified affordable housing project investments1,0951,005930924830784724
Total noncurrent assets:2,6962,6102,5162,5622,4642,1462,058
Other undisclosed assets162,777162,094161,801172,863174,009175,152174,236
TOTAL ASSETS:182,165185,270184,061182,527180,644181,485180,448
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt7,2219,80912,39417,18114,75015,25515,846
Total current liabilities:7,2219,80912,39417,18114,75015,25515,846
Noncurrent Liabilities
Long-term debt and lease obligation16,92118,92720,47123,37824,80825,81028,139
Long-term debt, excluding current maturities16,92118,92720,47123,37824,80825,81028,139
Liabilities, other than long-term debt525455397408372350322
Qualified affordable housing project investments, commitment525455397408372350322
Total noncurrent liabilities:17,44619,38220,86823,78625,18026,16028,461
Other undisclosed liabilities142,795141,953136,973128,041126,298125,620121,825
Total liabilities:167,462171,144170,235169,008166,228167,035166,132
Stockholders' equity
Stockholders' equity attributable to parent, including:14,70314,12613,82613,51914,41614,45014,316
Treasury stock, value(3,194)(3,193)(3,192)(3,192)(3,088)(2,789)(2,489)
Accumulated other comprehensive income63169581570612319084
Accumulated deficit(4,278)(4,893)(5,296)(5,465)(4,057)(4,368)(4,682)
Other undisclosed stockholders' equity attributable to parent21,54421,51721,49921,47021,43821,41721,403
Total stockholders' equity:14,70314,12613,82613,51914,41614,45014,316
TOTAL LIABILITIES AND EQUITY:182,165185,270184,061182,527180,644181,485180,448

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues1,9811,6841,6091,4121,6431,6011,552
Operating lease, lease income365360343367 368363
Net investment income1,7431,7701,8201,968 237244
Cost of revenue(164)(232)(429)(977)(337)(337)(304)
Provision for loan, lease, and other losses(102)(147)(287)(903)(276)(263)(177)
Policyholder benefits and claims incurred, net(62)(85)(142)(74)(61)(74)(127)
Gross profit:1,8171,4521,1804351,3061,2641,248
Operating expenses(517)(386)(423)(396)(400)(373)(362)
Operating income:1,3001,06675739906891886
Interest and debt expense(52)(49)(872)(957)(1,024)(1,069)(1,095)
Income (loss) from continuing operations before equity method investments, income taxes:1,2481,017(115)(918)(118)(178)(209)
Other undisclosed income (loss) from continuing operations before income taxes(392)(385)452507605678703
Income (loss) from continuing operations before income taxes:856632337(411)487500494
Income tax expense (benefit)(169)(156)(95)92(106)(119)90
Net income (loss):687476242(319)381381584
Other undisclosed net loss attributable to parent  (1) (3) (2)
Net income (loss) available to common stockholders, diluted:687476241(319)378381582

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):687476242(319)381381584
Other comprehensive income (loss)(64)(120)109583(67)106309
Comprehensive income:623356351264314487893
Other undisclosed comprehensive loss, net of tax, attributable to parent  (1) (3) (2)
Comprehensive income, net of tax, attributable to parent:623356350264311487891

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: