Investor Presentaiton
Supplemental
GAAP to Core Results: Adjusted TBVPS
Adjusted Tangible Book Value per Share ("Adjusted TBVPS")
Numerator ($ billions)
GAAP shareholder's equity
less: Preferred equity
GAAP common shareholder's equity
Goodwill and identifiable intangibles, net of DTLS
Tangible common equity
Tax-effected Core OID balance
(assumes 21% tax rate)
Adjusted tangible book value
Denominator
Issued shares outstanding (period-end, thousands)
Metric
GAAP shareholder's equity per share
less: Preferred equity per share
GAAP common shareholder's equity per share
Goodwill and identifiable intangibles, net of DTLS per share
Tangible common equity per share
Tax-effected Core OID balance
(assumes 21% tax rate) per share
Adjusted tangible book value per share
Calculated Impact to Adjusted TBVPS from CECL Day-1
Numerator ($ billions)
Adjusted tangible book value
CECL Day-1 impact to retained earnings, net of tax
Adjusted tangible book value less CECL Day-1 impact
Denominator
Issued shares outstanding (period-end, thousands)
Metric
Adjusted TBVPS
CECL Day-1 impact to retained earnings, net of tax per share
Adjusted tangible book value, less CECL Day-1 impact per share
3Q 2023 Preliminary Results
3Q 23
2Q 23
1Q 23
4Q 22
3Q 22
2Q 22
QUARTERLY TREND
1Q 22
4Q 21
3Q 21
2Q 21
1Q 21
4Q 20
3Q 20
$
12.8
$
13.5
$
13.4
$
12.9
$
12.4
$
14.0 $
15.4 $
17.1
$
17.3
$
17.5
$
14.6
$
14.7
$
14.1
(2.3)
(2.3)
(2.3)
(2.3)
(2.3)
(2.3)
(2.3)
(2.3)
(2.3)
(2.3)
$
10.5
$
11.2
$
11.1
$
10.5
$
10.1 $
11.7
13.1 $
14.7
$
15.0 $
15.2 $
14.6 $
14.7
$
14.1
(0.9)
(0.9)
(0.9)
(0.9)
(0.9)
(0.9)
(0.9)
(0.9)
(0.4)
(0.4)
(0.4)
(0.4)
(0.4)
9.6
10.3
10.2
9.6
9.2
10.7
12.2
13.8
14.6
14.8
14.2
14.3
13.7
(0.6)
(0.6)
(0.7)
(0.7)
(0.7)
(0.7)
(0.7)
(0.7)
(0.7)
(0.8)
(0.8)
(0.8)
(0.8)
[a] $
9.0
$
9.7
$
9.5
$
9.0
$
8.5
$
10.1
11.5 $
13.1 $
13.9 $
14.1 $
13.4
$
13.5 $
12.9
[b]
301,630
301,619
300,821
299,324
300,335
312,781
327,306
337,941
349,599
362,639
371,805
374,674
373,857
$
42.5
$
7.7
44.9
7.7
$
44.5
$
43.0
$
41.4
$
7.7
7.8
7.7
44.7
7.4
$
47.1
7.1
$
50.5 $
6.9
49.5 $
6.6
48.3 $
39.3
$
39.2 $
37.8
6.4
$
34.8
$
37.2 $
36.7
$
35.2
$
33.7
$
37.3
40.0
$
43.6 $
42.8 $
41.9
39.3
$
39.2
$
37.8
(2.9)
(2.9)
(3.0)
(3.0)
(3.0)
(2.9)
(2.8)
(2.8)
(1.1)
(1.0)
(1.0)
(1.0)
(1.0)
31.9
34.2
33.8
32.2
30.6
34.3
37.1
40.8
41.8
40.9
38.3
38.2
36.7
(2.1)
(2.1)
[a]/[b] $
29.8
$
32.1
$
(2.2)
31.6
(2.2)
$
30.0
$
(2.2)
28.4 $
(2.2)
32.2
(2.1)
(2.1)
(2.0)
35.0
$
38.7 $
39.7 $
(2.1)
38.8
(2.2)
(2.2)
36.2 $
36.1 $
(2.2)
34.6
1Q 20
$
12.2
1.0
[a] $
13.3
[b]
373,155
$
32.8
2.7
35.5
[a]/[b] $
Ally adopted CECL on January 1, 2020. Upon implementation of CECL Ally recognized a reduction to our opening retained earnings balance of approximately $1.0 billion, net of income
tax, which reflects a pre-tax increase to the allowance for loan losses of approximately $1.3 billion. This increase is almost exclusively driven by our consumer automotive loan portfolio.
ally do it right.
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