Investor Presentaiton slide image

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. 42
View entire presentation