Ally Financial (ALLY) Missed Earnings Estimates, Is The Stock Still A Bargain?

Ally Financial issued a US$750 million senior unsecured note due 2030 and reaffirmed its net interest margin and retail auto net charge-off guidance, despite lease losses from recalled Stellantis vehicles. The company projects US$9.8 billion in revenue and US$1.9 billion in earnings by 2029. Investors are watching how credit performance and funding flexibility will impact its long-term outlook.

Ally Financial reaffirmed its 2026 retail auto net charge-off guidance of 1.8% to 2%. The company expects lease pressure from Stellantis to ease after 2026 due to diversification. Ally anticipates used-vehicle prices to remain supported, and plans to maintain disciplined deposit pricing. The company also reported 7% year-over-year growth in deposit customer accounts, driven by millennial and Gen Z consumers.

Banks like Associated Banc-Corp (ASBC) and Ally Financial (ALLY) downplayed the Fed's first rate hike in three years, saying it could have a neutral to slightly positive impact. Higher rates may boost income from variable-rate loans but could also increase deposit funding costs, compressing margins. Several banks raised their prime lending rates to 7%.

Ally Financial Inc. (ALLY) filed an SEC Form 8-K — Other Events. Item 8.01 Other Events. On September 9, 2026, Ally Financial Inc. (“Ally”) entered into an Underwriting Agreement incorporating Ally’s Underwriting Agreement Standard Provisions (Debt Securities) (together, the “Underwriting Agreement”) with BofA Securities, Inc., J.P. Morgan Sec

Ally Financial (NYSE:ALLY) reported Q2 revenue of $2.28B, up 10.3% YoY, exceeding estimates. Peers like Bread Financial (NYSE:BFH) and FirstCash (NASDAQ:FCFS) also saw growth, while Nelnet (NYSE:NNI) and Happen Bank (NYSE:HAPN) underperformed. Stocks reacted mixedly to results, with Ally down 6.3% and FirstCash up 11.1%.

Ally Financial (NYSE:ALLY) reported Q2 adjusted EPS of $1.21, slightly below the $1.23 consensus, though up 22% year over year. Revenue rose 10% to $2.3 billion and GAAP net income attributable to common shareholders increased 13% to $367 million. The stock edged lower in pre-market after results.