Investor Presentaiton
Balance Sheet and Net Interest Margin
4Q 2023 Preliminary Results
4Q 23
3Q 23
4Q 22
2023
2022
Average
Average
Average
Average
Average
Balance
Yield
Balance
Yield
Balance
Yield
Balance
Yield
Balance
Yield
($ millions)
Retail Auto Loans
$ 84,711
8.98%
$
85,131
8.90%
$
83,781
7.98%
$ 84,393
8.80%
$ 81,035
7.19%
Memo: Impact from hedges
0.55%
0.74%
0.61%
0.77%
0.18%
Auto Leases (net of depreciation)
9,415
6.24%
9,817
7.00%
10,546
6.02%
9,941
6.93%
10,656
6.41%
Commercial Auto
21,808
7.14%
20,530
7.11%
17,283
5.91%
20,184
6.96%
16,462
4.45%
Corporate Finance
10,787
9.70%
10,309
9.54%
10,181
7.78%
10,486
9.34%
8,974
6.09%
Mortgage (1)
18,788
3.21%
19,028
3.20%
19,876
3.17%
19,188
3.22%
19,218
3.06%
Consumer Other - Ally Lending (2)
2,167
9.86%
2,201
9.94%
1,904
10.37%
2,130
9.94%
1,508
11.31%
Consumer Other - Ally Credit Card
1,925
22.02%
1,826
22.39%
1,486
21.75%
1,769
22.04%
1,216
20.54%
Cash and Cash Equivalents
7,571
4.72%
8,308
4.73%
4,129
2.94%
7,261
4.57%
3,886
1.38%
Investment Securities & Other (3)
29,784
3.66%
30,769
3.53%
32,513
2.89%
31,264
3.34%
34,778
2.46%
Earning Assets
$ 186,956
7.22%
$ 187,920
7.14%
$ 181,698
6.24%
$ 186,616
7.02%
$ 177,733
5.46%
Total Loans and Leases (3)
149,978
8.04%
149,248
8.02%
145,438
7.08%
148,494
7.91%
139,450
6.32%
Deposits (4)
$ 153,672
4.19%
$ 153,526
4.04%
$ 148,485
2.53%
$ 153,087
3.81%
$ 143,180
1.39%
Unsecured Debt
9,796
7.10%
10,778
6.40%
9,600
6.03%
10,388
6.49%
9,175
6.00%
Secured Debt
2,279
5.15%
3,120
6.81%
1,917
4.73%
2,708
5.96%
1,386
5.77%
Other Borrowings (5)
8,572
3.79%
7,365
3.23%
9,934
2.80%
7,513
3.23%
10,414
2.29%
Funding Sources
$ 174,319
4.35%
$ 174,789
4.21%
$ 169,936
2.77%
$ 173,696
3.97%
$ 164,155
1.74%
NIM (as reported)
3.17%
3.24%
3.65%
3.32%
3.85%
Core OID (6)
$
799
6.35%
$
812
6.02%
$
847
5.17%
$
817
5.92%
$
862
4.84%
NIM (ex. Core OID)(6)
3.20%
3.26%
3.68%
3.35%
3.88%
(1) Mortgage includes held-for-investment (HFI) loans from the Mortgage Finance segment and the HFI legacy mortgage portfolio in run-off at the Corporate and Other segment.
(2) Unsecured lending from point-of-sale financing. Moved to Assets of Operations Held-For-Sale (HFS) on 12/31/23.
(3) Includes Community Reinvestment Act and other held-for-sale (HFS) loans.
(4) Includes retail, brokered, and other deposits (inclusive of sweep deposits, mortgage escrow and other deposits).
(5) Includes FHLB borrowings and Repurchase Agreements.
(6) Calculated using a Non-GAAP financial measure. See pages 35-37 for definitions.
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