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

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What is Ally Financial Net Interest Income?

Net interest income is the total interest income minus total interest expense. It represents the difference between interest and dividends earned on interestbearing assets and interest paid to depositors and other creditors. 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 Net Interest Income Historical Data

The historical data trend for Ally Financial's Net Interest Income 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.

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Ally Financial Net Interest Income Chart

Ally Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Interest Income

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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	Get a 7-Day Free Trial															1,828.00	1,773.00	1,745.00	1,715.00	1,660.00

Ally Financial Net Interest Income Calculation

Net Interest Income 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.

Ally Financial Net Interest Income Related Terms

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Ally Financial (LTS:0HD0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ally Financial Inc (LTS:0HD0) » Definitions » Net Interest Income

Comparable Companies

Traded in Other Exchanges

ALLY:USA ALLY1:Mexico GMZ:Germany

Address

500 Woodward Avenue, Floor 10, Ally Detroit Center, Detroit, MI, USA, 48226

Website

https://www.ally.com

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.

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