Investor Presentaiton
Balance Sheet and Net Interest Margin
3Q 23
3Q 2023 Preliminary Results
2Q 23
3Q 22
Average
Average
Average
Balance
Yield
Balance
Yield
Balance
Yield
($ millions)
Retail Auto Loans
$
85,131
8.90%
$
84,097
8.81%
$
82,362
7.29%
Memo: Impact from hedges
0.74%
0.94%
0.25%
Auto Leases (net of depreciation)
9,817
7.00%
10,110
7.60%
10,588
5.98%
Commercial Auto
20,530
7.11%
19,709
6.94%
15,945
4.81%
Corporate Finance
10,309
9.54%
10,240
9.15%
9,291
6.30%
Mortgage (1)
19,028
3.20%
19,325
3.22%
19,762
3.10%
Consumer Other - Ally Lending (2)
2,201
9.94%
2,114
9.99%
1,672
11.04%
Consumer Other - Ally Credit Card
1,826
22.39%
1,701
21.88%
1,300
21.17%
Cash and Cash Equivalents
8,308
4.73%
7,401
4.70%
3,627
1.73%
Investment Securities & Other (3)
30,769
3.53%
31,958
3.17%
34,578
2.55%
Earning Assets
187,920
7.14%
$ 186,655
6.99%
$179,125
5.59%
Total Loans and Leases(3)
149,248
8.02%
147,717
7.93%
141,332
6.43%
Deposits (4)
$
153,526
4.04%
$
152,382
3.74%
$ 142,793
1.58%
Unsecured Debt
10,778
6.40%
10,618
6.27%
9,189
5.90%
Secured Debt
3,120
6.81%
2,879
5.61%
1,374
6.08%
Other Borrowings (5)
7,365
3.23%
7,592
3.00%
12,502
2.48%
Funding Sources
$
174,789
4.21%
$
173,471
3.89%
$165,857
1.93%
NIM (as reported)
3.24%
3.38%
3.81%
Core OID(6)
$
812
6.02%
$
824
5.77%
$
858
4.91%
NIM (ex. Core OID) (6)
3.26%
3.41%
3.83%
(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.
(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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