v3.26.1
Finance Receivables and Loans, Net (Tables)
 6 Months Ended
Jun. 30, 2026
Receivables [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
The composition of finance receivables and loans reported at amortized cost basis was as follows.
($ in millions)June 30, 2026December 31, 2025
Consumer automotive (a)$89,184 $85,568 
Consumer mortgage (b)14,960 15,572 
Total consumer104,144 101,140 
Commercial
Commercial and industrial
Automotive20,597 18,339 
Other11,039 10,309 
Commercial real estate7,893 7,666 
Total commercial39,529 36,314 
Total finance receivables and loans (c) (d)$143,673 $137,454 
(a)Certain finance receivables and loans are included in fair value hedging relationships. Refer to Note 18 for additional information.
(b)Includes loans originated as interest-only mortgage loans of $2 million at both June 30, 2026, and December 31, 2025, of which all have exited the interest-only period.
(c)Totals include net unearned income, unamortized premiums and discounts, and deferred fees and costs of $2.5 billion and $2.4 billion at June 30, 2026, and December 31, 2025, respectively.
(d)Totals do not include accrued interest receivable, which was $807 million and $800 million at June 30, 2026, and December 31, 2025, respectively. Accrued interest receivable is included in other assets on our Condensed Consolidated Balance Sheet.
Schedule of Allowance for Credit Losses on Financing Receivables
The following tables present an analysis of the activity in the allowance for loan losses on finance receivables and loans for the three months and six months ended June 30, 2026, and 2025, respectively.
Three months ended June 30, 2026 ($ in millions)
Consumer automotiveConsumer mortgageCommercialTotal
Allowance at April 1, 2026$3,250 $11 $279 $3,540 
Charge-offs (a)(634)— (51)(685)
Recoveries290 1 — 291 
Net charge-offs(344)1 (51)(394)
Provision for credit losses439 (1)(8)430 
Other— (1)1 — 
Allowance at June 30, 2026
$3,345 $10 $221 $3,576 
(a)Refer to Note 1 to the Consolidated Financial Statements in our 2025 Annual Report on Form 10-K for information regarding our charge-off policies.
Six months ended June 30, 2026 ($ in millions)
Consumer automotiveConsumer mortgageCommercialTotal
Allowance at January 1, 2026$3,208 $12 $270 $3,490 
Charge-offs (a)(1,305)— (52)(1,357)
Recoveries537 9 — 546 
Net charge-offs(768)9 (52)(811)
Provision for credit losses906 (10)1 897 
Other(1)(1)2 — 
Allowance at June 30, 2026
$3,345 $10 $221 $3,576 
(a)Refer to Note 1 to the Consolidated Financial Statements in our 2025 Annual Report on Form 10-K for information regarding our charge-off policies.
Three months ended June 30, 2025 ($ in millions)
Consumer automotiveConsumer mortgageCommercialTotal
Allowance at April 1, 2025$3,144 $18 $236 $3,398 
Charge-offs (a)(599)(2)(1)(602)
Recoveries233 2 1 236 
Net charge-offs(366)— — (366)
Provision for credit losses389 (1)(4)384 
Other(1)— 1 — 
Allowance at June 30, 2025
$3,166 $17 $233 $3,416 
(a)Refer to Note 1 to the Consolidated Financial Statements in our 2025 Annual Report on Form 10-K for information regarding our charge-off policies.
Six months ended June 30, 2025 ($ in millions)
Consumer automotiveConsumer mortgageConsumer other (a)CommercialTotal
Allowance at January 1, 2025$3,170 $19 $319 $206 $3,714 
Charge-offs (b)(1,275)(2)(68)(2)(1,347)
Recoveries464 3 5 2 474 
Net charge-offs(811)1 (63)— (873)
Provision for credit losses807 (1)(257)26 575 
Other— (2)1 1 — 
Allowance at June 30, 2025
$3,166 $17 $— $233 $3,416 
(a)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025.
(b)Refer to Note 1 to the Consolidated Financial Statements in our 2025 Annual Report on Form 10-K for information regarding our charge-off policies
Schedule of Sales of Financing Receivables and Loans
The following table presents sales of finance receivables and loans and transfers of finance receivables and loans from held-for-investment to held-for-sale based on net carrying value.
Three months ended June 30,Six months ended June 30,
($ in millions)2026202520262025
Consumer mortgage$— $50 $— $50 
Consumer other (a)— — — 2,248
Commercial26 20 33 93 
Total sales and transfers$26 $70 $33 $2,391 
(a)Consists of credit card finance receivables and loans. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 to the Consolidated Financial Statements in our 2025 Annual Report on Form 10-K for additional information.
Schedule of Purchases of Financing Receivables and Loans
The following table presents purchases of finance receivables and loans based on unpaid principal balance at the time of purchase.
Three months ended June 30,Six months ended June 30,
($ in millions)2026202520262025
Consumer automotive$2,196 $1,235 $3,818 $1,984 
Consumer mortgage— — — 8
Commercial— — 2 — 
Total purchases of finance receivables and loans$2,196 $1,235 $3,820 $1,992 
Schedule of Financing Receivables, Nonaccrual Status
The following tables present the amortized cost basis of our finance receivables and loans on nonaccrual status. All consumer or commercial finance receivables and loans that were 90 days or more past due were on nonaccrual status as of June 30, 2026, and December 31, 2025. Refer to Note 1 to the Consolidated Financial Statements in our 2025 Annual Report on Form 10-K for additional information on our accounting policy for finance receivables and loans on nonaccrual status.
June 30, 2026
($ in millions)Nonaccrual status at Jan. 1, 2026Nonaccrual status at
Apr. 1, 2026		Nonaccrual statusNonaccrual with no allowance (a)
Consumer automotive$1,155 $1,128 $1,122 $405 
Consumer mortgage62 62 54 34 
Total consumer1,217 1,190 1,176 439 
Commercial
Commercial and industrial
Automotive15 3 1 1 
Other124 112 47 — 
Commercial real estate10 1 2 2 
Total commercial149 116 50 3 
Total finance receivables and loans (b)$1,366 $1,306 $1,226 $442 
(a)Represents a component of nonaccrual status at end of period.
(b)We recorded interest income from cash payments associated with finance receivables and loans on nonaccrual status of $14 million and $27 million for the three months and six months ended June 30, 2026, respectively.
December 31, 2025
($ in millions)Nonaccrual status at Jan. 1, 2025Nonaccrual status at
Apr. 1, 2025		Nonaccrual statusNonaccrual with no allowance (a)
Consumer automotive$1,231 $1,167 $1,155 $416 
Consumer mortgage54 56 62 44 
Consumer other (b)90 — — — 
Total consumer1,375 1,223 1,217 460 
Commercial
Commercial and industrial
Automotive15 79 15 15 
Other (c)94 94 124 — 
Commercial real estate2 21 10 10 
Total commercial111 194 149 25 
Total finance receivables and loans (d)$1,486 $1,417 $1,366 $485 
(a)Represents a component of nonaccrual status at end of period.
(b)Consists of credit card finance receivables and loans. We closed the sale of Ally Credit Card on April 1, 2025.
(c)Includes PCD loans acquired during the year ended December 31, 2025.
(d)We recorded interest income from cash payments associated with finance receivables and loans on nonaccrual status of $3 million and $7 million for the three months and six months ended June 30, 2025, respectively.
Schedule of Financing Receivable Credit Quality Indicators
The following tables present the amortized cost basis of our consumer finance receivables and loans by credit quality indicator based on delinquency status and origination year.
Origination yearRevolving loans converted to term
June 30, 2026 ($ in millions)
202620252024202320222021 and priorRevolving loansTotal
Consumer automotive
Current$21,599 $27,580 $15,785 $9,837 $6,478 $3,659 $— $— $84,938 
30–59 days past due189 673 569 505 449 311 — — 2,696 
60–89 days past due47 261 249 243 217 139 — — 1,156 
90 or more days past due13 96 94 86 79 60 — — 428 
Total consumer automotive (a)21,848 28,610 16,697 10,671 7,223 4,169 — — 89,218 
Consumer mortgage
Current— — 12 24 1,640 13,197 — 8 14,881 
30–59 days past due— — — 1 1 29 — — 31 
60–89 days past due— — — — 2 11 — — 13 
90 or more days past due— — — 1 3 30 — 1 35 
Total consumer mortgage— — 12 26 1,646 13,267 — 9 14,960 
Total consumer$21,848 $28,610 $16,709 $10,697 $8,869 $17,436 $— $9 $104,178 
(a)Certain consumer automotive loans are included in fair value hedging relationships. The amortized cost basis excludes a liability of $34 million related to basis adjustments for loans in closed portfolios with active hedges under the portfolio layer method at June 30, 2026. These basis adjustments would be allocated to the amortized cost basis of specific loans within the pool if the hedge was dedesignated. Refer to Note 18 for additional information.
Origination yearRevolving loans converted to term
December 31, 2025 ($ in millions)
202520242023202220212020 and priorRevolving loansTotal
Consumer automotive
Current$33,588 $19,891 $12,759 $8,885 $4,253 $1,696 $— $— $81,072 
30–59 days past due483 638 632 600 339 137 — — 2,829 
60–89 days past due156 272 295 284 148 60 — — 1,215 
90 or more days past due55 99 103 101 59 29 — — 446 
Total consumer automotive (a)34,282 20,900 13,789 9,870 4,799 1,922 — — 85,562 
Consumer mortgage
Current— 15 28 1,690 9,117 4,618 — 7 15,475 
30–59 days past due— — 2 5 11 17 — — 35 
60–89 days past due— — — 1 6 7 — — 14 
90 or more days past due— — — 5 16 25 — 2 48 
Total consumer mortgage— 15 30 1,701 9,150 4,667 — 9 15,572 
Total consumer$34,282 $20,915 $13,819 $11,571 $13,949 $6,589 $— $9 $101,134 
(a)Certain consumer automotive loans are included in fair value hedging relationships. The amortized cost basis excludes an asset of $6 million related to basis adjustments for loans in closed portfolios with active hedges under the portfolio layer method at December 31, 2025. These basis adjustments would be allocated to the amortized cost basis of specific loans within the pool if the hedge was dedesignated. Refer to Note 18 for additional information.
The following tables present the amortized cost basis of our commercial finance receivables and loans by credit quality indicator based on risk rating and origination year.
Origination yearRevolving loans converted to term
June 30, 2026 ($ in millions)
202620252024202320222021 and priorRevolving loansTotal
Commercial
Commercial and industrial
Automotive
Pass$819 $818 $341 $227 $240 $147 $16,204 $— $18,796 
Special mention5 2 9 13 10 9 1,697 — 1,745 
Substandard— — — — 1 — 55 — 56 
Total automotive824 820 350 240 251 156 17,956 — 20,597 
Other
Pass319 613 562 201 198 402 7,148 275 9,718 
Special mention— 142 97 — 291 182 344 18 1,074 
Substandard— — — — — 125 82 — 207 
Doubtful— — — — — 38 2 — 40 
Total other319 755 659 201 489 747 7,576 293 11,039 
Commercial real estate
Pass678 2,109 919 732 1,007 1,956 64 86 7,551 
Special mention6 21 86 31 65 114 — — 323 
Substandard— — — 2 15 — — — 17 
Doubtful— — — 2 — — — — 2 
Total commercial real estate684 2,130 1,005 767 1,087 2,070 64 86 7,893 
Total commercial$1,827 $3,705 $2,014 $1,208 $1,827 $2,973 $25,596 $379 $39,529 
Origination yearRevolving loans converted to term
December 31, 2025 ($ in millions)
202520242023202220212020 and priorRevolving loansTotal
Commercial
Commercial and industrial
Automotive
Pass$942 $391 $257 $266 $113 $86 $14,861 $— $16,916 
Special mention2 1 15 10 — 5 1,328 — 1,361 
Substandard1 1 — 1 — — 59 — 62 
Total automotive945 393 272 277 113 91 16,248 — 18,339 
Other
Pass757 594 173 306 215 166 6,647 191 9,049 
Special mention— 47 — 236 115 260 347 8 1,013 
Substandard— — — — 20 61 42 — 123 
Doubtful— — — — — 107 17 — 124 
Total other757 641 173 542 350 594 7,053 199 10,309 
Commercial real estate
Pass1,981 1,069 759 1,080 919 1,461 55 59 7,383 
Special mention— 45 44 67 45 61 — — 262 
Substandard— — 2 15 — 1 — — 18 
Doubtful— — 2 1 — — — — 3 
Total commercial real estate1,981 1,114 807 1,163 964 1,523 55 59 7,666 
Total commercial$3,683 $2,148 $1,252 $1,982 $1,427 $2,208 $23,356 $258 $36,314 
The following tables present gross charge-offs of our finance receivables and loans for each portfolio class by origination year during the six months ended June 30, 2026, and during the year ended December 31, 2025, respectively. Refer to Note 1 to the Consolidated Financial Statements in our 2025 Annual Report on Form 10-K for additional information on our charge-off policy.
Origination yearRevolving loans converted to term
June 30, 2026 ($ in millions)
202620252024202320222021 and priorRevolving loansTotal
Consumer automotive$19 $326 $302 $290 $229 $139 $— $— $1,305 
Total consumer19 326 302 290 229 139 — — 1,305 
Commercial
Commercial and industrial
Other— — — — — 52 — — 52 
Total commercial— — — — — 52 — — 52 
Total finance receivables and loans$19 $326 $302 $290 $229 $191 $— $— $1,357 
Origination yearRevolving loans converted to term
December 31, 2025 ($ in millions)
202520242023202220212020 and priorRevolving loansTotal
Consumer automotive$168 $564 $747 $660 $318 $153 $— $— $2,610 
Consumer mortgage (a)— — — 1 1 1 — — 3 
Consumer other (b)— — — — — — 64 4 68 
Total consumer168 564 747 661 319 154 64 4 2,681 
Commercial
Commercial and industrial
Automotive— — — — 1 — 1 — 2 
Total commercial— — — — 1 — 1 — 2 
Total finance receivables and loans$168 $564 $747 $661 $320 $154 $65 $4 $2,683 
(a)Excludes $5 million of write-downs from transfers to held-for-sale during the year ended December 31, 2025.
(b)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025.
Schedule of Past Due Financing Receivables
The following table presents an analysis of our past-due commercial finance receivables and loans recorded at amortized cost basis.
($ in millions)30–59 days past due60–89 days past due90 days or more past dueTotal past dueCurrentTotal finance receivables and loans
June 30, 2026
Commercial
Commercial and industrial
Automotive$— $— $— $— $20,597 $20,597 
Other25 20 — 45 10,994 11,039 
Commercial real estate— — 2 2 7,891 7,893 
Total commercial$25 $20 $2 $47 $39,482 $39,529 
December 31, 2025
Commercial
Commercial and industrial
Automotive$— $— $— $— $18,339 $18,339 
Other— — 70 70 10,239 10,309 
Commercial real estate— — 3 3 7,663 7,666 
Total commercial$— $— $73 $73 $36,241 $36,314 
Schedule of Loan Modifications
The following tables present the amortized cost basis of loans that were modified subsequent to origination during the three months and six months ended June 30, 2026, and 2025, respectively, for each portfolio segment, by modification type. For additional information on loan modification types in scope of this disclosure, refer to Note 1 to the Consolidated Financial Statements in our 2025 Annual Report on Form 10-K. The below tables exclude consumer mortgage finance receivables and loans currently enrolled in a trial modification program. Trial modifications generally represent a three-month period during which the borrower makes monthly payments under the anticipated modified payment terms. If the borrower successfully completes the trial loan modification program, the contractual terms of the loan are updated and the modification is considered permanent. As of both June 30, 2026, and December 31, 2025, there were $8 million of consumer mortgage finance receivables and loans in a trial modification program.
Payment extensions
Three months ended June 30, 2026
($ in millions)
Payment deferralsContractual maturity extensionsPrincipal forgivenessInterest rate concessionsCombinationTotal
Consumer automotive$— $184 $3 $— $— $187 
Consumer mortgage— 3 — — — 3 
Total consumer— 187 3 — — 190 
Commercial
Commercial and industrial
Other— 48 — — — 48 
Commercial real estate2 — — — — 2 
Total commercial2 48 — — — 50 
Total finance receivables and loans$2 $235 $3 $— $— $240 
Payment extensions
Six months ended June 30, 2026
($ in millions)
Payment deferralsContractual maturity extensionsPrincipal forgivenessInterest rate concessionsCombinationTotal (a)
Consumer automotive$— $369 $5 $— $— $374 
Consumer mortgage— 4 — — 2 6 
Total consumer— 373 5 — 2 380 
Commercial
Commercial and industrial
Automotive3 — — — — 3 
Other— 101 — — — 101 
Commercial real estate2 — — — — 2 
Total commercial5 101 — — — 106 
Total finance receivables and loans$5 $474 $5 $— $2 $486 
(a)Represents 0.3% of total finance receivables and loans outstanding as of June 30, 2026.
Payment extensions
Three months ended June 30, 2025
($ in millions)
Payment deferralsContractual maturity extensionsPrincipal forgivenessInterest rate concessionsCombinationTotal
Consumer automotive$— $130 $2 $— $— $132 
Consumer mortgage— 1 — — 1 2 
Total consumer— 131 2 — 1 134 
Commercial
Commercial and industrial
Automotive3 — — 64 — 67 
Other— 29 — — — 29 
Commercial real estate— — — 19 — 19 
Total commercial3 29 — 83 — 115 
Total finance receivables and loans$3 $160 $2 $83 $1 $249 
Payment extensions
Six months ended June 30, 2025
($ in millions)
Payment deferralsContractual maturity extensionsPrincipal forgivenessInterest rate concessionsCombinationTotal (a)
Consumer automotive$— $228 $2 $— $1 $231 
Consumer mortgage— 1 — — 3 4 
Total consumer— 229 2 — 4 235 
Commercial
Commercial and industrial
Automotive3 — — 64 — 67 
Other3 57 — — — 60 
Commercial real estate— — — 19 1 20 
Total commercial6 57 — 83 1 147 
Total finance receivables and loans$6 $286 $2 $83 $5 $382 
(a)Represents 0.3% of total finance receivables and loans outstanding as of June 30, 2025.
The following tables present the financial effect of loan modifications that occurred during the three months and six months ended June 30, 2026, and 2025, respectively.
Payment extensions (a)Principal forgivenessInterest rate concessions (a)Combination (a) (b)
Three months ended
June 30, 2026 ($ in millions)
Number of months extended/deferredAmount forgivenInitial rateRevised rateRemaining termRevised remaining termInitial rateRevised rate
Consumer automotive36$1 — %— %— — — %— %
Consumer mortgage162— — — — — — — 
Commercial
Commercial and industrial
Other38$— — %— %— — — %— %
Commercial real estate8— — — — — — — 
Total commercial37$— — — — — — — 
(a)Calculated using a weighted-average balance for each portfolio class.
(b)Term is presented in number of months.
Payment extensions (a)Principal forgivenessInterest rate concessions (a)Combination (a) (b) (c)
Six months ended
June 30, 2026 ($ in millions)
Number of months extended/deferredAmount forgivenInitial rateRevised rateRemaining termRevised remaining termInitial rateRevised rate
Consumer automotive36$1 — %— %— — — %— %
Consumer mortgage168— — — 2914023.8 2.0 
Commercial
Commercial and industrial
Automotive10$— — %— %— — — %— %
Other28— — — — — — — 
Commercial real estate8— — — — — — — 
Total commercial27$— — — — — — — 
(a)Calculated using a weighted-average balance for each portfolio class.
(b)Term is presented in number of months.
(c)Some consumer mortgage combination loan modifications include deferrals of principal. The weighted average number of months deferred for these loans was 159 months.
Payment extensions (a)Principal forgivenessInterest rate concessions (a)Combination (a) (b) (c)
Three months ended
June 30, 2025 ($ in millions)
Number of months extended/deferredAmount forgivenInitial rateRevised rateRemaining termRevised remaining termInitial rateRevised rate
Consumer automotive30$— — %— %— — — %— %
Consumer mortgage167— — — 3174202.9 2.0 
Commercial
Commercial and industrial
Automotive10$— 12.1 %7.6 %——— %— %
Other12— — — ——— — 
Commercial real estate— — 10.7 5.7 ——— — 
Total commercial12$— 11.8 7.2 ——— — 
(a)Calculated using a weighted-average balance for each portfolio class.
(b)Term is presented in number of months.
(c)Some consumer mortgage combination loan modifications include deferrals of principal. The weighted average number of months deferred for these loans was 155 months.
Payment extensions (a)Principal forgivenessInterest rate concessions (a)Combination (a) (b) (c)
Six months ended
June 30, 2025 ($ in millions)
Number of months extended/deferredAmount forgivenInitial rateRevised rateRemaining termRevised remaining termInitial rateRevised rate
Consumer automotive30$1 — %— %679013.4 %7.8 %
Consumer mortgage175— — — 3054473.6 2.3 
Commercial
Commercial and industrial
Automotive10$— 12.1 %7.6 %——— %— %
Other14— — — ——— — 
Commercial real estate— — 10.7 5.7 29345.0 3.0 
Total commercial14$— 11.8 7.2 29345.0 3.0 
(a)Calculated using a weighted-average balance for each portfolio class.
(b)Term is presented in number of months.
(c)Some consumer mortgage combination loan modifications include deferrals of principal. The weighted average number of months deferred for these loans was 155 months.
The following tables present the subsequent performance of loans recorded at amortized cost basis, by portfolio segment and credit quality indicator, that were modified within the 12 months prior to June 30, 2026, and 2025, respectively.
June 30, 2026 ($ in millions)
Current30–59 days past due60–89 days past due90 or more days past dueTotal
Consumer automotive
Contractual maturity extensions$592 $112 $40 $12 $756 
Principal forgiveness1 — — 8 9 
Combination1 — — — 1 
Total consumer automotive594 112 40 20 766 
Consumer mortgage
Contractual maturity extensions5 1 — — 6 
Interest rate concessions— — — 1 1 
Combination5 — — — 5 
Total consumer mortgage10 1 — 1 12 
Total consumer$604 $113 $40 $21 $778 
June 30, 2026 ($ in millions)
PassSpecial mentionSubstandardDoubtfulTotal
Commercial and industrial
Automotive
Payment deferrals$— $— $2 $1 $3 
Total automotive— — 2 1 3 
Other
Payment deferrals33 — — — 33 
Contractual maturity extensions65 109 19 — 193 
Total other98 109 19 — 226 
Commercial real estate
Payment deferrals— 3 — 2 5 
Total commercial real estate— 3 — 2 5 
Total commercial$98 $112 $21 $3 $234 
June 30, 2025 ($ in millions)
Current30–59 days past due60–89 days past due90 or more days past dueTotal
Consumer automotive
Contractual maturity extensions$360 $59 $21 $7 $447 
Principal forgiveness— — — 5 5 
Combination2 — — — 2 
Total consumer automotive362 59 21 12 454 
Consumer mortgage
Contractual maturity extensions— 1 1 — 2 
Combination3 — — — 3 
Total consumer mortgage3 1 1 — 5 
Total consumer$365 $60 $22 $12 $459 
June 30, 2025 ($ in millions)
PassSpecial mentionSubstandardDoubtfulTotal
Commercial and industrial
Automotive
Payment deferrals $— $— $3 $— $3 
Interest rate concessions— — 64 — 64 
Total automotive— — 67 — 67 
Other
Payment deferrals— — 4 — 4 
Contractual maturity extensions25 29 28 — 82 
Combination14 — — — 14 
Total other39 29 32 — 100 
Commercial real estate
Interest rate concessions— — 19 — 19 
Combination— — — 1 1 
Total commercial real estate— — 19 1 20 
Total commercial$39 $29 $118 $1 $187