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Ally Financial (LTS:0HD0) Net Interest Income (for Banks) : $6,893 Mil (As of Mar. 2024)


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What is Ally Financial Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Ally Financial's net interest income for the three months ended in Mar. 2024 was $1,660 Mil. Its net interest income for the trailing twelve months (TTM) ended in Mar. 2024 was $6,893 Mil.

Ally Financial's quarterly net interest income declined from Sep. 2023 ($1,745 Mil) to Dec. 2023 ($1,715 Mil) and declined from Dec. 2023 ($1,715 Mil) to Mar. 2024 ($1,660 Mil).

Ally Financial's annual net interest income increased from Dec. 2021 ($6,737 Mil) to Dec. 2022 ($7,764 Mil) but then declined from Dec. 2022 ($7,764 Mil) to Dec. 2023 ($7,061 Mil).


Ally Financial Net Interest Income (for Banks) Historical Data

The historical data trend for Ally Financial's Net Interest Income (for Banks) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ally Financial Net Interest Income (for Banks) Chart

Ally Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Income (for Banks)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,614.00 5,554.00 6,737.00 7,764.00 7,061.00

Ally Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Interest Income (for Banks) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,828.00 1,773.00 1,745.00 1,715.00 1,660.00

Ally Financial Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,893 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ally Financial (LTS:0HD0) Business Description

Traded in Other Exchanges
Address
500 Woodward Avenue, Floor 10, Ally Detroit Center, Detroit, MI, USA, 48226
Formerly the captive financial arm of General Motors, Ally Financial became an independent publicly traded firm in 2014 and is one of the largest consumer auto lenders in the country. While the firm has expanded its product offerings over time, it remains primarily focused on auto lending with more than 70% of its loan book in consumer auto loans and dealer financing. Ally also offers auto insurance, personal loans, commercial loans, credit cards, and holds a portfolio of mortgage debt, giving the bank a diversified business model, which includes brokerage services.

Ally Financial (LTS:0HD0) Headlines

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