ALLY FINANCIAL INC., 10-Q filed on 10/30/2025
Quarterly Report
v3.25.3
Cover Page - shares
 9 Months Ended
Sep. 30, 2025
Oct. 28, 2025
Cover [Abstract]    
Document Type 10-Q  
Document Quarterly Report true  
Document Period End Date Sep. 30, 2025  
Document Transition Report false  
Entity File Number 1-3754  
Entity Registrant Name Ally Financial Inc.  
Entity Incorporation, State or Country Code DE  
Entity Tax Identification Number 38-0572512  
Entity Address, Address Description Ally Detroit Center  
Entity Address, Address Line One 500 Woodward Avenue  
Entity Address, Address Line Two Floor 10  
Entity Address, City or Town Detroit  
Entity Address, State or Province MI  
Entity Address, Postal Zip Code 48226  
City Area Code 866  
Local Phone Number 710-4623  
Title of 12(b) Security Common Stock, par value $0.01 per share  
Trading Symbol ALLY  
Security Exchange Name NYSE  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Large Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   308,053,195
Entity Central Index Key 0000040729  
Current Fiscal Year End Date --12-31  
Document Fiscal Year Focus 2025  
Document Fiscal Period Focus Q3  
Amendment Flag false  
v3.25.3
Condensed Consolidated Statement of Comprehensive Income (unaudited) - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Financing revenue and other interest income        
Interest and fees on finance receivables and loans $ 2,674 $ 2,889 $ 8,007 $ 8,561
Interest on loans held-for-sale 6 5 17 48
Interest and dividends on investment securities and other earning assets 250 262 728 793
Interest on cash and cash equivalents 92 102 285 287
Operating leases 365 316 1,068 1,005
Total financing revenue and other interest income 3,387 3,574 10,105 10,694
Interest expense        
Interest on deposits 1,302 1,616 4,034 4,861
Interest on short-term borrowings 11 13 17 63
Interest on long-term debt 265 256 794 748
Interest on other 0 0 1 1
Total interest expense 1,578 1,885 4,846 5,673
Net depreciation expense on operating lease assets 225 169 681 516
Net financing revenue and other interest income 1,584 1,520 4,578 4,505
Other revenue        
Insurance premiums and service revenue earned 361 359 1,084 1,045
(Loss) gain on mortgage and automotive loans, net (3) 6 (6) 18
Other gain (loss) on investments, net 56 74 (382) 96
Other income, net of losses 170 176 517 491
Total other revenue 584 615 1,213 1,650
Total net revenue 2,168 2,135 5,791 6,155
Provision for credit losses 415 645 990 1,609
Noninterest expense        
Compensation and benefits expense 447 435 1,382 1,396
Insurance losses and loss adjustment expenses 141 135 505 428
Goodwill impairment 0 0 305 0
Other operating expenses 652 655 1,944 1,995
Total noninterest expense 1,240 1,225 4,136 3,819
Income from continuing operations before income tax expense 513 265 665 727
Income tax expense from continuing operations 115 67 140 167
Net income from continuing operations 398 198 525 560
Net income 398 198 525 560
Other comprehensive income, net of tax 275 616 980 423
Comprehensive income 673 814 1,505 983
Net income from continuing operations attributable to common shareholders [1] 371 171 442 477
Net income attributable to common shareholders [1] $ 371 $ 171 $ 442 $ 477
Basic weighted-average common shares outstanding (in shares) [1],[2] 310,342 307,312 309,753 306,699
Diluted weighted-average common shares outstanding (in shares) [1],[2] 313,823 311,044 312,633 309,786
Basic earnings per common share        
Net income from continuing operations (in dollars per share) [1] $ 1.19 $ 0.55 $ 1.43 $ 1.56
Net income (in dollars per share) [1] 1.19 0.55 1.43 1.56
Diluted earnings per common share        
Net income from continuing operations (in dollars per share) [1] 1.18 0.55 1.41 1.54
Net income (in dollars per share) [1] 1.18 0.55 1.41 1.54
Cash dividends declared per common share (in dollars per share) [1] $ 0.30 $ 0.30 $ 0.90 $ 0.90
[1] Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated based on unrounded numbers.
[2]
(b)Includes shares related to share-based compensation that vested but were not yet issued.
v3.25.3
Condensed Consolidated Balance Sheet (unaudited) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Cash and cash equivalents    
Noninterest-bearing $ 429 $ 522
Interest-bearing 9,817 9,770
Total cash and cash equivalents 10,246 10,292
Equity securities 865 871
Available-for-sale securities (amortized cost of $25,660 and $26,810) 22,684 22,410
Held-to-maturity securities (fair value of $4,493 and $4,293) 4,433 4,346
Loans held-for-sale, net 179 160
Finance receivables and loans, net    
Finance receivables and loans, net of unearned income 134,567 136,030
Allowance for loan losses (3,460) (3,714)
Total finance receivables and loans, net 131,107 132,316
Investment in operating leases, net 8,599 7,991
Premiums receivable and other insurance assets 2,903 2,790
Other assets 10,695 10,660
Total assets 191,711 191,836
Deposit liabilities    
Noninterest-bearing 174 131
Interest-bearing 148,236 151,443
Total deposit liabilities 148,410 151,574
Short-term borrowings 3,879 1,625
Long-term debt 16,749 17,495
Interest payable 1,097 890
Unearned insurance premiums and service revenue 3,648 3,535
Accrued expenses and other liabilities 2,811 2,814
Total liabilities 176,594 177,933
Contingencies (refer to Note 24)
Equity    
Common stock and paid-in capital ($0.01 par value, shares authorized 1,100,000,000; issued 519,147,397 and 515,777,584; and outstanding 307,827,978 and 305,387,550) 22,255 22,142
Preferred stock 2,324 2,324
Retained earnings 427 270
Accumulated other comprehensive loss (2,944) (3,924)
Treasury stock, at cost (211,319,419 and 210,390,034 shares) (6,945) (6,909)
Total equity 15,117 13,903
Total liabilities and equity $ 191,711 $ 191,836
v3.25.3
Condensed Consolidated Balance Sheet (unaudited) (Parenthetical) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Statement of Financial Position [Abstract]    
Available-for-sale securities, amortized cost $ 25,660 $ 26,810
Held-to-maturity securities, fair value $ 4,493 $ 4,293
Common stock, par value per share (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 1,100,000,000 1,100,000,000
Common stock, shares issued (in shares) 519,147,397 515,777,584
Common stock, shares outstanding (in shares) 307,827,978 305,387,550
Treasury stock, common, shares (in shares) 211,319,419 210,390,034
v3.25.3
Condensed Consolidated Balance Sheet (unaudited) (VIEs) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Finance receivables and loans, net $ 134,567 $ 136,030
Allowance for loan losses (3,460) (3,714)
Total finance receivables and loans, net 131,107 132,316
Other assets 10,695 10,660
Total assets 191,711 191,836
Long-term debt 16,749 17,495
Accrued expenses and other liabilities 2,811 2,814
Total liabilities 176,594 177,933
Consumer    
Finance receivables and loans, net 101,247 103,285
Consumer | Automotive    
Finance receivables and loans, net 84,994 83,757
Allowance for loan losses (3,186) (3,170)
On‑balance sheet variable interest entities    
Allowance for loan losses (100) (172)
Total finance receivables and loans, net 2,564 4,333
Other assets 248 333
Total assets 2,812 4,666
Long-term debt 912 1,561
Accrued expenses and other liabilities 2 4
Total liabilities 914 1,565
On‑balance sheet variable interest entities | Consumer | Automotive    
Finance receivables and loans, net 2,664 4,505
Total assets 11,560 12,821
Total liabilities $ 1,054 $ 1,683
v3.25.3
Condensed Consolidated Statement of Changes in Equity (unaudited) - USD ($)
$ in Millions
Total
Adjustments
 [1]
As Adjusted
Preferred stock dividends — Series B
Preferred stock dividends — Series C
Common stock and paid-in capital
Common stock and paid-in capital
As Adjusted
Preferred stock
Preferred stock
As Adjusted
Retained earnings
Retained earnings
Adjustments
 [1]
Retained earnings
As Adjusted
Retained earnings
Preferred stock dividends — Series B
Retained earnings
Preferred stock dividends — Series C
Accumulated other comprehensive loss
Accumulated other comprehensive loss
As Adjusted
Treasury stock
Treasury stock
As Adjusted
Beginning balance at Dec. 31, 2023 $ 13,703 $ (2) $ 13,701     $ 21,975 $ 21,975 $ 2,324 $ 2,324 $ 91 $ (2) $ 89     $ (3,816) $ (3,816) $ (6,871) $ (6,871)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Net income 560                 560                
Preferred stock dividends       $ (48) $ (35)               $ (48) $ (35)        
Share-based compensation 126         126                        
Other comprehensive income 423                           423      
Common stock repurchases (31)                               (31)  
Common stock dividends (282)                 (282)                
Ending balance at Sep. 30, 2024 14,414         22,101   2,324   284         (3,393)   (6,902)  
Beginning balance at Jun. 30, 2024 13,699         22,077   2,324   208         (4,009)   (6,901)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Net income 198                 198                
Preferred stock dividends       (16) (11)               (16) (11)        
Share-based compensation 24         24                        
Other comprehensive income 616                           616      
Common stock repurchases (1)                               (1)  
Common stock dividends (95)                 (95)                
Ending balance at Sep. 30, 2024 14,414         22,101   2,324   284         (3,393)   (6,902)  
Beginning balance at Dec. 31, 2024 13,903         22,142   2,324   270         (3,924)   (6,909)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Net income 525                 525                
Preferred stock dividends       (48) (35)               (48) (35)        
Share-based compensation 113         113                        
Other comprehensive income 980                           980      
Common stock repurchases (36)                               (36)  
Common stock dividends (285)                 (285)                
Ending balance at Sep. 30, 2025 15,117         22,255   2,324   427         (2,944)   (6,945)  
Beginning balance at Jun. 30, 2025 14,547         22,235   2,324   151         (3,219)   (6,944)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Net income 398                 398                
Preferred stock dividends       $ (16) $ (11)               $ (16) $ (11)        
Share-based compensation 20         20                        
Other comprehensive income 275                           275      
Common stock repurchases (1)                               (1)  
Common stock dividends (95)                 (95)                
Ending balance at Sep. 30, 2025 $ 15,117         $ 22,255   $ 2,324   $ 427         $ (2,944)   $ (6,945)  
[1] Refer to the section titled Recently Adopted Accounting Standards in Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K for additional information.
v3.25.3
Condensed Consolidated Statement of Changes in Equity (unaudited) (Parenthetical) - $ / shares
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Statement of Stockholders' Equity [Abstract]        
Cash dividends declared per common share (in dollars per share) [1] $ 0.30 $ 0.30 $ 0.90 $ 0.90
[1] Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated based on unrounded numbers.
v3.25.3
Condensed Consolidated Statement of Changes in Equity (unaudited) (Second Parenthetical)
 12 Months Ended
Dec. 31, 2023
Statement of Stockholders' Equity [Abstract]  
Accounting Standards Update [Extensible Enumeration] Accounting Standards Update 2023-02 [Member]
v3.25.3
Condensed Consolidated Statement of Cash Flows (unaudited)
$ in Millions
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
USD ($)
Dec. 31, 2024
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Operating activities            
Net income $ 398   $ 198 $ 525 $ 560  
Reconciliation of net income to net cash provided by operating activities            
Depreciation and amortization       1,028 864  
Goodwill impairment 0   0 305 0 $ 118
Provision for credit losses 415   645 990 1,609  
Loss (gain) on mortgage and automotive loans, net 3   (6) 6 (18)  
Other loss (gain) on investments, net (56)   (74) 382 (96)  
Originations and purchases of loans held-for-sale       (1,392) (1,413)  
Proceeds from sales and repayments of loans held-for-sale       1,505 1,862  
Net change in            
Deferred income taxes       (366) (218)  
Interest payable       207 567  
Other assets       (227) (181)  
Other liabilities       10 (130)  
Other, net       116 171  
Net cash provided by operating activities       3,089 3,577  
Investing activities            
Purchases of equity securities       (613) (630)  
Proceeds from sales of equity securities       735 680  
Purchases of available-for-sale securities       (4,970) (462)  
Proceeds from sales of available-for-sale securities       4,216 134  
Proceeds from repayments of available-for-sale securities       1,413 1,450  
Purchases of held-to-maturity securities       (412) 0  
Proceeds from repayments of held-to-maturity securities       388 360  
Purchases of finance receivables and loans held-for-investment       (3,580) (2,612)  
Proceeds from sales of finance receivables and loans initially held-for-investment       59 1,190  
Originations and repayments of finance receivables and loans initially held-for-investment and other, net       1,306 1,526  
Purchases of operating lease assets       (3,384) (2,543)  
Disposals of operating lease assets       2,108 3,113  
Proceeds from sale of operation or business unit, net       2,412 1,956  
Net change in nonmarketable equity investments       (71) 84  
Other, net       (420) (461)  
Net cash (used in) provided by investing activities       (813) 3,785  
Financing activities            
Net change in short-term borrowings       2,254 (1,526)  
Net decrease in deposits       (3,099) (2,757)  
Proceeds from issuance of long-term debt       2,571 2,866  
Repayments of long-term debt       (3,379) (3,683)  
Repurchases of common stock       (36) (31)  
Common stock dividends paid       (285) (280)  
Preferred stock dividends paid       (83) (83)  
Net cash used in financing activities       (2,057) (5,494)  
Effect of exchange-rate changes on cash and cash equivalents and restricted cash       5 (3)  
Net increase in cash and cash equivalents and restricted cash       224 1,865  
Cash and cash equivalents and restricted cash at beginning of year   $ 9,304   11,380 7,439 7,439
Cash and cash equivalents and restricted cash at September 30, 11,604 11,380 9,304 11,604 9,304 11,380
Cash paid for            
Interest       4,572 5,043  
Income taxes       161 94  
Noncash items            
Held-to-maturity securities received in consideration for loans sold       0 56  
Loans held-for-sale transferred to finance receivables and loans held-for-investment       19 28  
Finance receivables and loans held-for-investment transferred to loans held-for-sale       2,404 1,729  
Additional Cash Flow Elements and Supplemental Cash Flow Information [Abstract]            
Cash and cash equivalents on the Condensed Consolidated Balance Sheet 10,246 10,292 8,616 10,246 8,616 10,292
Restricted cash and cash equivalents and restricted cash held for securitization trusts included in other assets on the Condensed Consolidated Balance Sheet 1,358 [1]   688 [1] 1,358 [1] 688 [1]  
Total cash and cash equivalents and restricted cash in the Condensed Consolidated Statement of Cash Flows $ 11,604 $ 11,380 $ 9,304 $ 11,604 $ 9,304 $ 11,380
[1] Refer to Note 11 for additional details describing the nature of restricted cash and cash equivalent balances.
v3.25.3
Description of Business, Basis of Presentation, and Changes in Significant Accounting Policies
 9 Months Ended
Sep. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Description of Business, Basis of Presentation, and Changes in Significant Accounting Policies Description of Business, Basis of Presentation, and Changes in Significant Accounting Policies
Ally Financial Inc. (together with its consolidated subsidiaries unless the context otherwise requires, Ally, the Company, we, us, or our) is a financial-services company with the nation’s largest all-digital bank and an industry-leading automotive financing and insurance business, driven by a mission to “Do It Right” and be a relentless ally for customers and communities. The Company serves customers with deposits and securities brokerage and investment advisory services as well as automotive financing and insurance offerings. The Company also includes a seasoned corporate finance business that offers capital for equity sponsors and middle-market companies. Ally is a Delaware corporation and is registered as a BHC under the BHC Act and an FHC under the GLB Act.
Our accounting and reporting policies conform to U.S. GAAP. Additionally, where applicable, the policies conform to the accounting and reporting guidelines prescribed by bank regulatory authorities. Certain reclassifications may have been made to the prior periods’ financial statements and notes to conform to the current period’s presentation, which did not have a material impact on our Condensed Consolidated Financial Statements. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the related disclosure, including those of contingent assets and liabilities at the date of the financial statements. It also includes estimates related to the income and expenses during the reporting period and the related disclosures. In developing the estimates and assumptions, management uses all available evidence; however, actual results could differ because of uncertainties associated with estimating the amounts, timing, and likelihood of possible outcomes. Our most significant estimates pertain to the allowance for loan losses, the valuations of automotive operating lease assets and residuals, the fair value of financial instruments, and the determination of the provision for income taxes.
The Condensed Consolidated Financial Statements at September 30, 2025, and for the three months and nine months ended September 30, 2025, and 2024, are unaudited but reflect all adjustments that are, in management’s opinion, necessary for the fair presentation of the results for the interim periods presented. Reclassifications have been made to the prior periods’ financial statements and notes to conform to the current period’s presentation. Refer to the section titled Change in Accounting Principle within Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K for further details on our method of accounting for ITCs, and Note 26 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K for further details on our change in allocation of costs to reportable segments and change in reportable segments. These unaudited Condensed Consolidated Financial Statements should be read in conjunction with the audited Consolidated Financial Statements (and the related Notes) included in our Annual Report on Form 10-K for the year ended December 31, 2024, as filed on February 19, 2025, with the SEC.
Significant Accounting Policies
Income Taxes
In calculating the provision for interim income taxes, in accordance with ASC 740, Income Taxes, we apply an estimated annual effective tax rate to year-to-date ordinary income. At the end of each interim period, we estimate the effective tax rate expected to be applicable for the full fiscal year. This method differs from that described in Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K, which describes our annual significant income tax accounting policy and related methodology.
Refer to Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K regarding additional significant accounting policies.
Recently Issued Accounting Standards
Improvements to Income Tax Disclosures (ASU 2023-09)
In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. The purpose of this guidance is to enhance the rate reconciliation and income taxes paid disclosures. This ASU requires that an entity disclose, on an annual basis, specific categories in the rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold. For the state and local income tax category of the rate reconciliation, entities must disclose a qualitative description of the states and local jurisdictions that make up the majority (greater than 50 percent) of the category. For the income taxes paid disclosures, entities will be required to disclose, on an annual basis, the amount of income taxes paid (net of refunds received) disaggregated by federal, state, and foreign taxes. The amendments are effective on January 1, 2025, for annual reporting and will be included in our 2025 Annual Report on Form 10-K. The amendments must be applied using either a prospective or retrospective approach. Management does not expect the impact of these amendments to be material.
Expense Disaggregation Disclosures (ASU 2024-03)
In November 2024, the FASB issued ASU 2024-03, Income Statement - Reporting Comprehensive Income (Subtopic 220-40): Expense Disaggregation Disclosures. The purpose of this ASU is to provide additional disclosure that will allow investors to better understand an entity’s performance, better assess an entity’s prospects for future cash flows, and more easily compare an entity’s performance over time and in relation to other similar entities. This ASU requires that an entity disclose, on an interim and annual basis, a disaggregation in the notes to the financial statements of certain income statement line items if the line item includes any of the five required expense categories, which are defined as (1) purchases of inventory, (2) employee compensation, (3) depreciation (including amortization of a finance ROU asset and leasehold improvements), (4) intangible asset amortization, and (5) depletion expense. For the “employee compensation” category, banking entities may continue to present compensation expense on the face of the income statement in accordance with Regulation S-X Rule 210.9-04. The disclosure should include a qualitative description of other expenses included within the income statement line item that are otherwise not disaggregated. This ASU also requires entities to disclose their total selling expenses for each reporting period. Selling expenses are not defined within the ASU, which will require entities to determine and disclose how they define selling expenses on an annual basis. The amendments are effective on January 1, 2027, for annual reporting, and for interim reporting thereafter, with early adoption permitted. The amendments must be applied using either a prospective or retrospective approach. Management does not expect the impact of these amendments to be material.
Targeted Improvements to the Accounting for Internal-Use Software (ASU 2025-06)
In September 2025, the FASB issued ASU 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software. The purpose of this ASU is to improve the accounting for internal-use software costs by aligning the accounting with modern software development processes. This ASU removes all references to sequential software development project stages from U.S. GAAP, but does not change the types of costs that may be eligible to be capitalized. Under the updated guidance, entities will be required to begin capitalizing software project costs when (1) management has authorized and committed to funding the software project and (2) it is probable that the project will be completed, and the software will be used to perform the function intended (called the “probable-to-complete” threshold). When evaluating whether the probable-to-complete threshold is met, entities must consider whether there is significant development uncertainty associated with the software, including determining whether the software project contains technological innovations or novel, unique, or unproven functions or features. Entities should also consider if there are significant performance requirements (e.g., functions or features) of the software project that have not yet been identified or continue to be substantially revised. The amendments do not define what is considered “significant” and instead will require management judgment. The amendments are effective January 1, 2028, with early adoption permitted. The amendments can be applied using a prospective approach, a retrospective approach, or a modified approach that bases the adoption of the amendments on the completion status of the software project as of the adoption date. Management is currently evaluating the impact of these amendments.
v3.25.3
Held-for-sale Operations
 9 Months Ended
Sep. 30, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Held-for-sale Operations Held-for-sale Operations
On January 20, 2025, we formally approved our commitment to divest our credit card operations, Ally Credit Card, and entered a definitive agreement with CardWorks, Inc. During the nine months ended September 30, 2025, the assets and liabilities of Ally Credit Card were transferred to assets and liabilities of operations held-for-sale and sold. The sale occurred on April 1, 2025. Ally Credit Card was a component of our Corporate and Other segment. The related operating results have been presented within continuing operations in the Condensed Consolidated Statement of Comprehensive Income for all periods presented.
During the fourth quarter of 2024, we began exploring strategic alternatives for Ally Credit Card, which resulted in a triggering event for goodwill impairment purposes, and recognized an $118 million goodwill impairment charge.
In connection with the classification of the operations as held-for-sale, the disposal group was measured at the lower-of-cost or fair value. First, the finance receivables and loans, along with the remaining assets and liabilities, were classified as held-for-sale and measured at the lower-of-cost or fair value. The fair value was determined based on the sales agreement with the third-party purchaser. Next, the carrying value of the disposal group was compared to fair value, which resulted in a goodwill impairment charge. Lastly, we recorded a valuation allowance on other assets related to estimated selling expenses. As a result, we recognized a net pretax loss of $8 million during the nine months ended September 30, 2025, which was comprised of a benefit of $306 million to our provision for credit losses, offset by a $2 million asset impairment related to Ally Credit Card branded plastics, a goodwill impairment charge of $305 million, and a valuation allowance on other assets of $7 million. We do not expect to recognize any significant incremental costs related to this transaction.
v3.25.3
Revenue from Contracts with Customers
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
Our primary revenue sources, which include financing revenue and other interest income, are addressed by other U.S. GAAP topics and are not in the scope of ASC Topic 606, Revenue from Contracts with Customers. As part of our Insurance operations, we recognize revenue from insurance contracts, which are addressed by other U.S. GAAP topics and are not included in the scope of this standard. Certain noninsurance contracts within our Insurance operations, including VSCs, GAP contracts, and VMCs, are included in the scope of this standard. All revenue associated with noninsurance contracts is recognized over the contract term on a basis proportionate to the anticipated cost emergence. Further, commissions and sales expense incurred to obtain these contracts are amortized over the terms of the related policies and service contracts on the same basis as premiums and service revenue are earned, and all advertising costs are recognized as expense when incurred.
The following tables present a disaggregated view of our revenue from contracts with customers. For further information regarding our revenue recognition policies and details about the nature of our respective revenue streams, refer to Note 1 and Note 3 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K.
Three months ended September 30, ($ in millions)
Automotive Finance operationsInsurance operationsCorporate Finance operationsCorporate and OtherConsolidated
2025
Revenue from contracts with customers
Noninsurance contracts (a) (b) (c)$— $242 $— $— $242 
Remarketing fee income28 — — — 28 
Brokerage commissions and other revenue— — — 21 21 
Banking fees and interchange income (d)— — — 9 9 
Brokered/agent commissions— 1 — — 1 
Other6 — — 1 7 
Total revenue from contracts with customers
34 243 — 31 308 
All other revenue
62 177 25 12 276 
Total other revenue (e)$96 $420 $25 $43 $584 
2024
Revenue from contracts with customers
Noninsurance contracts (a) (b) (c)$— $246 $— $— $246 
Remarketing fee income28 — — — 28 
Brokerage commissions and other revenue— — — 22 22 
Banking fees and interchange income (d)— — — 12 12 
Brokered/agent commissions— 5 — — 5 
Other5 1 — — 6 
Total revenue from contracts with customers
33 252 — 34 319 
All other revenue52 185 37 22 296 
Total other revenue (e)$85 $437 $37 $56 $615 
(a)We had opening balances of $3.0 billion in unearned revenue associated with outstanding contracts at both July 1, 2025, and 2024, and $239 million and $243 million of these balances were recognized as insurance premiums and service revenue earned in our Condensed Consolidated Statement of Comprehensive Income during the three months ended September 30, 2025, and 2024, respectively.
(b)At September 30, 2025, we had unearned revenue of $3.0 billion associated with outstanding contracts, and with respect to this balance we expect to recognize revenue of $230 million during the remainder of 2025, $816 million in 2026, $677 million in 2027, $522 million in 2028, and $748 million thereafter. At September 30, 2024, we had unearned revenue of $3.0 billion associated with outstanding contracts.
(c)We had deferred insurance assets of $1.8 billion at both July 1, 2025, and September 30, 2025, and recognized $141 million of expense during the three months ended September 30, 2025. We had deferred insurance assets of $1.8 billion at both July 1, 2024, and September 30, 2024, and recognized $141 million of expense during the three months ended September 30, 2024.
(d)Interchange income is reported net of customer rewards related to Ally Credit Card. Customer rewards expense was $7 million for the three months ended September 30, 2024. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
(e)Represents a component of total net revenue. Refer to Note 23 for further information on our reportable operating segments.
Nine months ended September 30, ($ in millions)
Automotive Finance operationsInsurance operationsCorporate Finance operationsCorporate and OtherConsolidated
2025
Revenue from contracts with customers
Noninsurance contracts (a) (b)$— $724 $— $— $724 
Remarketing fee income90 — — — 90 
Brokerage commissions and other revenue— — — 61 61 
Banking fees and interchange income (c)— — — 34 34 
Brokered/agent commissions— 13 — — 13 
Other16 2 — 3 21 
Total revenue from contracts with customers
106 739 — 98 943 
All other revenue
184 467 73 (454)270 
Total other revenue (d)$290 $1,206 $73 $(356)$1,213 
2024
Revenue from contracts with customers
Noninsurance contracts (a) (b)$— $666 $— $— $666 
Remarketing fee income88 — — — 88 
Brokerage commissions and other revenue— — — 67 67 
Banking fees and interchange income (c)— — — 35 35 
Brokered/agent commissions— 15 — — 15 
Other14 2 — — 16 
Total revenue from contracts with customers
102 683 — 102 887 
All other revenue173 476 90 24 763 
Total other revenue (d)$275 $1,159 $90 $126 $1,650 
(a)We had opening balances of $3.0 billion in unearned revenue associated with outstanding contracts at both January 1, 2025, and 2024, and $715 million and $732 million of these balances were recognized as insurance premiums and service revenue earned in our Condensed Consolidated Statement of Comprehensive Income during the nine months ended September 30, 2025, and 2024, respectively.
(b)We had deferred insurance assets of $1.8 billion at both January 1, 2025, and September 30, 2025, and recognized $417 million of expense during the nine months ended September 30, 2025. We had deferred insurance assets of $1.8 billion at both January 1, 2024, and September 30, 2024, and recognized $432 million of expense during the nine months ended September 30, 2024.
(c)Interchange income is reported net of customer rewards related to Ally Credit Card. Customer rewards expense was $6 million and $20 million for the nine months ended September 30, 2025, and 2024, respectively. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
(d)Represents a component of total net revenue. Refer to Note 23 for further information on our reportable operating segments.
In addition to the components of other revenue presented above, as part of our Automotive Finance operations, we recognized net remarketing gains on the sale of off-lease vehicles of $1 million for the three months ended September 30, 2025, and net remarketing losses of $18 million for the nine months ended September 30, 2025, respectively, compared to net remarketing gains of $24 million and $129 million for the three months and nine months ended September 30, 2024. These gains and losses are included in depreciation expense on operating lease assets in our Condensed Consolidated Statement of Comprehensive Income. Refer to Note 9 for additional information.
v3.25.3
Other Income, Net of Losses
 9 Months Ended
Sep. 30, 2025
Other Nonoperating Income (Expense) [Abstract]  
Other Income, Net of Losses Other Income, Net of Losses
Details of other income, net of losses, were as follows.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Late charges and other administrative fees$35 $49 $119 $150 
Remarketing fees28 28 90 88 
Income from equity-method investments (a)23 10 64 14 
Other, net84 89 244 239 
Total other income, net of losses (b)$170 $176 $517 $491 
(a)Refer to Note 11 for further information on our equity-method investments.
(b)Includes the activity of Ally Credit Card prior to the sale on April 1, 2025. Refer to Note 2 for additional information.
v3.25.3
Reserves for Insurance Losses and Loss Adjustment Expenses
 9 Months Ended
Sep. 30, 2025
Short-Duration Insurance Contracts, Liability for Unpaid Claims and Allocated Claim Adjustment Expense, Net [Abstract]  
Reserves for Insurance Losses and Loss Adjustment Expenses Reserves for Insurance Losses and Loss Adjustment Expenses
The following table shows a rollforward of our reserves for insurance losses and loss adjustment expenses.
($ in millions)20252024
Total gross reserves for insurance losses and loss adjustment expenses at January 1,$189 $140 
Less: Reinsurance recoverable60 66 
Net reserves for insurance losses and loss adjustment expenses at January 1,129 74 
Net insurance losses and loss adjustment expenses incurred related to:
Current year497 411 
Prior years (a)8 17 
Total net insurance losses and loss adjustment expenses incurred505 428 
Net insurance losses and loss adjustment expenses paid or payable related to:
Current year(386)(319)
Prior years(84)(64)
Total net insurance losses and loss adjustment expenses paid or payable(470)(383)
Net reserves for insurance losses and loss adjustment expenses at September 30,164 119 
Plus: Reinsurance recoverable (b)67 78 
Total gross reserves for insurance losses and loss adjustment expenses at September 30, (c)$231 $197 
(a)There have been no material adverse changes to the reserve for prior years.
(b)Included in premiums receivable and other insurance assets on our Condensed Consolidated Balance Sheet.
(c)Included in accrued expenses and other liabilities on our Condensed Consolidated Balance Sheet.
v3.25.3
Other Operating Expenses
 9 Months Ended
Sep. 30, 2025
Operating Expenses [Abstract]  
Other Operating Expenses Other Operating Expenses
Details of other operating expenses were as follows.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Insurance commissions$158 $164 $474 $486 
Technology and communications108 110 312 319 
Advertising and marketing65 69 191 221 
Property and equipment depreciation60 55 184 169 
Lease and loan administration43 45 133 136 
Regulatory and licensing fees39 45 122 137 
Professional services38 36 105 106 
Vehicle remarketing and repossession35 31 98 96 
Amortization of intangible assets— 4 3 15 
Other106 96 322 310 
Total other operating expenses (a)$652 $655 $1,944 $1,995 
(a)Includes the activity of Ally Credit Card prior to the sale on April 1, 2025. Refer to Note 2 for additional information.
v3.25.3
Investment Securities
 9 Months Ended
Sep. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
Investment Securities Investment Securities
Our investment portfolio includes various debt and equity securities. Our debt securities, which are classified as available-for-sale or held-to-maturity, include government securities, corporate bonds, asset-backed securities, and mortgage-backed securities. The cost, fair value, and gross unrealized gains and losses on available-for-sale and held-to-maturity securities were as follows.
September 30, 2025December 31, 2024
Amortized costGross unrealized
Fair value
Amortized costGross unrealized
Fair value
($ in millions)gainslossesgainslosses
Available-for-sale securities
Debt securities
U.S. Treasury and federal agencies$2,230 $19 $(55)$2,194 $2,073 $— $(200)$1,873 
U.S. States and political subdivisions634 — (80)554 704 — (87)617 
Foreign government205 2 (3)204 198 1 (5)194 
Agency mortgage-backed residential (a)14,965 12 (2,155)12,822 16,765 — (3,112)13,653 
Mortgage-backed residential235 — (35)200 249 — (43)206 
Agency mortgage-backed commercial (a)5,415 14 (647)4,782 4,819 1 (836)3,984 
Asset-backed25 — — 25 131 — (2)129 
Corporate debt1,951 20 (68)1,903 1,871 3 (120)1,754 
Total available-for-sale securities (b) (c) (d) (e) (f)$25,660 $67 $(3,043)$22,684 $26,810 $5 $(4,405)$22,410 
Held-to-maturity securities
Debt securities
Agency mortgage-backed residential$1,284 $5 $(163)$1,126 $935 $— $(196)$739 
Mortgage-backed residential3,091 217 — 3,308 3,323 142 — 3,465 
Asset-backed retained notes58 1 — 59 88 1 — 89 
Total held-to-maturity securities (d) (f) (g)$4,433 $223 $(163)$4,493 $4,346 $143 $(196)$4,293 
(a)Fair value includes basis adjustments for securities in closed portfolios with active hedges under the portfolio layer method. This includes a $53 million asset and a $72 million liability for agency mortgage-backed residential securities at September 30, 2025, and December 31, 2024, respectively, and a $40 million asset and a $34 million liability for agency mortgage-backed commercial securities at September 30, 2025, and December 31, 2024. These basis adjustments would be allocated to the amortized cost of specific securities within the pool if the hedge was dedesignated. Refer to Note 19 for additional information.
(b)Certain available-for-sale securities are included in fair value hedging relationships. Refer to Note 19 for additional information.
(c)Certain entities related to our Insurance operations are required to deposit securities with state regulatory authorities. These deposited securities totaled $13 million at both September 30, 2025, and December 31, 2024.
(d)Investment securities with a fair value of $3.7 billion and $3.4 billion were pledged as collateral at September 30, 2025, and December 31, 2024, respectively. This primarily included $2.8 billion and $2.9 billion pledged to secure advances from the FHLB at September 30, 2025, and December 31, 2024, respectively. This also included securities pledged for other purposes as required by contractual obligations or law, under which agreements we granted the counterparty the right to sell or pledge $945 million and $439 million of the underlying available-for-sale securities at September 30, 2025, and December 31, 2024, respectively.
(e)Totals do not include accrued interest receivable, which was $81 million and $73 million at September 30, 2025, and December 31, 2024, respectively. Accrued interest receivable is included in other assets on our Condensed Consolidated Balance Sheet.
(f)There was no allowance for credit losses recorded at both September 30, 2025, or December 31, 2024, as management determined that there were no expected credit losses in our portfolio of available-for-sale and held-to-maturity securities.
(g)Totals do not include accrued interest receivable, which was $13 million and $12 million at September 30, 2025, and December 31, 2024, respectively. Accrued interest receivable is included in other assets on our Condensed Consolidated Balance Sheet.
As of December 31, 2024, we did not have the intent to sell available-for-sale securities in an unrealized loss position and we did not believe it was more likely than not that we would be required to sell these securities before recovery of their amortized cost basis. In the first quarter of 2025, we executed a balance sheet repositioning of a portion of our available-for-sale securities as a result of our capital allocation planning related to the sale of Ally Credit Card. In connection with the repositioning, we sold lower-yielding securities with an amortized cost of approximately $4.6 billion for proceeds of $4.1 billion, resulting in a pre-tax loss of $495 million during the nine months ended September 30, 2025. We reinvested the proceeds in shorter duration, highly liquid securities at current market rates. As of September 30, 2025, we did not have the intent to sell available-for-sale securities in an unrealized loss position and we do not believe it is more likely than not that we will be required to sell these securities before recovery of their amortized cost basis.
The maturity distribution of debt securities outstanding is summarized in the following tables based upon contractual maturities. Call or prepayment options may cause actual maturities to differ from contractual maturities.
TotalDue in one year or lessDue after one year through five yearsDue after five years through ten yearsDue after ten years
($ in millions)AmountYieldAmountYieldAmountYieldAmountYieldAmountYield
September 30, 2025
Fair value of available-for-sale securities (a)
U.S. Treasury and federal agencies$2,194 3.4 %$84 0.9 %$1,640 4.0 %$470 1.9 %$— — %
U.S. States and political subdivisions554 3.4 45 4.9 60 3.8 61 4.2 388 3.1 
Foreign government204 2.8 20 2.0 80 2.3 104 3.3 — — 
Agency mortgage-backed residential (b)12,822 3.0 — — 1 2.8 — — 12,821 3.0 
Mortgage-backed residential200 2.7 — — — — — — 200 2.7 
Agency mortgage-backed commercial (b)4,782 2.7 — — 1,225 3.5 2,004 2.6 1,553 2.2 
Asset-backed25 1.5 — — 25 1.5 — — — — 
Corporate debt1,903 3.4 193 2.6 907 2.5 646 4.5 157 5.5 
Total available-for-sale securities$22,684 3.0 $342 1.9 $3,938 3.4 $3,285 2.9 $15,119 2.9 
Amortized cost of available-for-sale securities
$25,660 $345 $3,999 $3,596 $17,720 
Amortized cost of held-to-maturity securities (c)
Agency mortgage-backed residential$1,284 3.5 %$— — %$— — %$— — %$1,284 3.5 %
Mortgage-backed residential3,091 2.8 — — — — 7 3.4 3,084 2.8 
Asset-backed retained notes
58 5.4 — — 41 5.3 17 5.7 — — 
Total held-to-maturity securities
$4,433 3.0 $— — $41 5.3 $24 5.0 $4,368 3.0 
December 31, 2024
Fair value of available-for-sale securities (a)
U.S. Treasury and federal agencies$1,873 1.6 %$54 1.0 %$1,087 1.5 %$732 1.9 %$— — %
U.S. States and political subdivisions617 3.4 33 6.2 72 3.1 86 4.1 426 3.2 
Foreign government194 2.7 33 2.1 51 2.5 110 2.9 — — 
Agency mortgage-backed residential (b)13,653 2.6 — — 7 2.0 23 2.5 13,623 2.6 
Mortgage-backed residential206 2.7 — — — — — — 206 2.7 
Agency mortgage-backed commercial (b)3,984 2.5 23 3.1 339 3.7 1,724 2.5 1,898 2.1 
Asset-backed129 1.5 — — 128 1.5 1 4.0 — — 
Corporate debt1,754 3.1 184 3.0 754 2.6 695 3.3 121 5.3 
Total available-for-sale securities$22,410 2.5 $327 2.3 $2,438 2.2 $3,371 2.6 $16,274 2.6 
Amortized cost of available-for-sale securities
$26,810 $330 $2,579 $3,844 $20,057 
Amortized cost of held-to-maturity securities (c)
Agency mortgage-backed residential
$935 2.7 %$— — %$— — %$— — %$935 2.7 %
Mortgage-backed residential3,323 2.8 — — — — 9 3.1 3,314 2.8 
Asset-backed retained notes
88 5.4 — — 64 5.3 24 5.6 — — 
Total held-to-maturity securities
$4,346 2.9 $— — $64 5.3 $33 5.0 $4,249 2.8 
(a)Yield is calculated using the effective yield of each security at the end of the period, weighted based on the market value by security for the securities within each maturity distribution range. The effective yield considers the contractual coupon and amortized cost inclusive of hedge basis adjustments for dedesignated hedges, and excludes expected capital gains and losses. Yield does not consider hedging effects for securities in active hedges.
(b)Fair value includes basis adjustments for securities in closed portfolios with active hedges under the portfolio layer method. This includes a $53 million asset and a $72 million liability for agency mortgage-backed residential securities at September 30, 2025, and December 31, 2024, respectively, and a $40 million asset and a $34 million liability for agency mortgage-backed commercial securities at September 30, 2025, and December 31, 2024. These basis adjustments would be allocated to the amortized cost of specific securities within the pool if the hedge was dedesignated. Refer to Note 19 for additional information.
(c)Yield is calculated using the effective yield of each security at the end of the period, weighted based on amortized cost by security for the securities within each maturity distribution range. The effective yield considers the contractual coupon and amortized cost and excludes capital gains, capital losses, and the premium or discount on securities transferred from available-for-sale to held-to-maturity.
The balances of cash equivalents were $373 million and $106 million at September 30, 2025, and December 31, 2024, respectively, and were composed primarily of money-market funds.
The following table presents interest and dividends on investment securities.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Taxable interest$230 $243 $668 $732 
Taxable dividends5 5 15 15 
Interest and dividends exempt from U.S. federal income tax6 5 18 16 
Interest and dividends on investment securities$241 $253 $701 $763 
The following table presents gross gains and losses realized upon the sales of available-for-sale securities, and net gains or losses on equity securities held during the period.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Available-for-sale securities
Gross realized gains$1 $1 $3 $2 
Gross realized losses (a)— — (495)— 
Net realized gain (loss) on available-for-sale securities1 1 (492)2 
Net realized gain on equity securities28 15 61 53 
Net unrealized gain on equity securities27 58 49 41 
Other gain (loss) on investments, net$56 $74 $(382)$96 
(a)Includes losses reclassified from accumulated other comprehensive loss related to the balance sheet repositioning of our available-for-sale securities portfolio.
The following table presents the credit quality of our held-to-maturity securities, based on the latest available information as of September 30, 2025, and December 31, 2024. The credit ratings are sourced from nationally recognized statistical rating organizations, which include S&P, Moody’s, Fitch, and DBRS. The ratings presented are a composite of the ratings sourced from the agencies or, if the ratings cannot be sourced from the agencies, are based on the asset type of the particular security. All our held-to-maturity securities were current in their payment of principal and interest as of both September 30, 2025, and December 31, 2024. We have not recorded any interest income reversals on our held-to-maturity securities during the nine months ended September 30, 2025, or September 30, 2024.
($ in millions)AAAAAABBBTotal (a)
September 30, 2025
Debt securities
Agency mortgage-backed residential$— $1,284 $— $— $1,284 
Mortgage-backed residential3,021 69 1 — 3,091 
Asset-backed retained notes53 2 2 1 58 
Total held-to-maturity securities$3,074 $1,355 $3 $1 $4,433 
December 31, 2024
Debt securities
Agency mortgage-backed residential$— $935 $— $— $935 
Mortgage-backed residential3,241 78 4 — 3,323 
Asset-backed retained notes81 3 2 2 88 
Total held-to-maturity securities$3,322 $1,016 $6 $2 $4,346 
(a)Rating agencies indicate that they base their ratings on many quantitative and qualitative factors, which may include capital adequacy, liquidity, asset quality, business mix, level and quality of earnings, and the current operating, legislative, and regulatory environment. A credit rating is not a recommendation to buy, sell, or hold securities, and the ratings are subject to revision or withdrawal at any time by the assigning rating agency.
The following table summarizes available-for-sale securities in an unrealized loss position, which we evaluated to determine if a credit loss exists requiring the recognition of an allowance for credit losses. For additional information on our methodology, refer to Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K. We have not recorded any interest income reversals on our available-for-sale securities during the nine months ended September 30, 2025, or September 30, 2024.
September 30, 2025December 31, 2024
Less than 12 months12 months or longerLess than 12 months12 months or longer
($ in millions)
Fair value
Unrealized loss
Fair value
Unrealized loss
Fair valueUnrealized lossFair valueUnrealized loss
Available-for-sale securities
Debt securities
U.S. Treasury and federal agencies$— $— $604 $(55)$— $— $1,873 $(200)
U.S. States and political subdivisions53 (1)426 (79)87 (2)472 (85)
Foreign government16 — 77 (3)40 — 112 (5)
Agency mortgage-backed residential (a)547 (1)10,451 (2,154)127 (3)13,518 (3,109)
Mortgage-backed residential— — 200 (35)— — 206 (43)
Agency mortgage-backed commercial (a)191 (1)3,590 (646)428 (11)3,445 (825)
Asset-backed— — 24 — — — 124 (2)
Corporate debt65 (1)1,170 (67)265 (6)1,319 (114)
Total available-for-sale securities
$872 $(4)$16,542 $(3,039)$947 $(22)$21,069 $(4,383)
(a)Includes basis adjustments for certain securities that are included in closed portfolios with active hedges under the portfolio layer method at September 30, 2025, and December 31, 2024. The basis adjustments would be allocated to the amortized cost of specific securities within the pool if the hedge was dedesignated. Refer to Note 19 for additional information.
During the nine months ended September 30, 2025, and 2024, management determined that there were no expected credit losses for securities in an unrealized loss position. This analysis considered a variety of factors including, but not limited to, performance indicators of the issuer, default rates, industry analyst reports, credit ratings, and other relevant information, which indicated that contractual cash flows are expected to occur. As a result of this evaluation, management determined that no credit reserves were required at September 30, 2025, or December 31, 2024.
v3.25.3
Finance Receivables and Loans, Net
 9 Months Ended
Sep. 30, 2025
Receivables [Abstract]  
Finance Receivables and Loans, Net Finance Receivables and Loans, Net
The composition of finance receivables and loans reported at amortized cost basis was as follows.
($ in millions)September 30, 2025December 31, 2024
Consumer automotive (a)$84,994 $83,757 
Consumer mortgage (b)16,253 17,234 
Consumer other (c)— 2,294 
Total consumer101,247 103,285 
Commercial
Commercial and industrial
Automotive17,137 18,259 
Other (d)9,169 8,212 
Commercial real estate7,014 6,274 
Total commercial33,320 32,745 
Total finance receivables and loans (e) (f)$134,567 $136,030 
(a)Certain finance receivables and loans are included in fair value hedging relationships. Refer to Note 19 for additional information.
(b)Includes loans originated as interest-only mortgage loans of $5 million and $12 million at September 30, 2025, and December 31, 2024, respectively, of which all have exited the interest-only period.
(c)Consists of credit card finance receivables and loans. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information. Billed interest on our credit card loans was included within finance receivables and loans, net as of December 31, 2024.
(d)Includes $26 million of PCD loans that were acquired for $2 million of cash considerations during the three months ended September 30, 2025, which have experienced a more-than-insignificant deterioration of credit quality since origination. We recognized an initial allowance for loan losses of $24 million on these PCD loans.
(e)Totals include net unearned income, unamortized premiums and discounts, and deferred fees and costs of $2.4 billion and $2.3 billion at September 30, 2025, and December 31, 2024, respectively.
(f)Totals do not include accrued interest receivable, which was $761 million and $839 million at September 30, 2025, and December 31, 2024, respectively. Accrued interest receivable is included in other assets on our Condensed Consolidated Balance Sheet.
The following tables present an analysis of the activity in the allowance for loan losses on finance receivables and loans for the three months and nine months ended September 30, 2025, and 2024, respectively.
Three months ended September 30, 2025 ($ in millions)
Consumer automotiveConsumer mortgageCommercialTotal
Allowance at July 1, 2025$3,166 $17 $233 $3,416 
Charge-offs (a)(662)— — (662)
Recoveries263 3 1 267 
Net charge-offs(399)3 1 (395)
Provision for credit losses419 (3)(1)415 
Other (b)— — 24 24 
Allowance at September 30, 2025
$3,186 $17 $257 $3,460 
(a)Refer to Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K for information regarding our charge-off policies.
(b)Commercial includes $24 million of allowance for loan losses recognized on PCD loans acquired during the three months ended September 30, 2025.
Nine months ended September 30, 2025 ($ in millions)
Consumer automotiveConsumer mortgageConsumer other (a)CommercialTotal
Allowance at January 1, 2025$3,170 $19 $319 $206 $3,714 
Charge-offs (b)(1,937)(2)(68)(2)(2,009)
Recoveries727 6 5 3 741 
Net charge-offs(1,210)4 (63)1 (1,268)
Provision for credit losses1,226 (4)(257)25 990 
Other (c)— (2)1 25 24 
Allowance at September 30, 2025
$3,186 $17 $— $257 $3,460 
(a)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
(b)Refer to Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K for information regarding our charge-off policies.
(c)Commercial includes $24 million of allowance for loan losses recognized on PCD loans acquired during the nine months ended September 30, 2025.
Three months ended September 30, 2024 ($ in millions)
Consumer automotiveConsumer mortgageConsumer other (a)CommercialTotal
Allowance at July 1, 2024$3,055 $19 $302 $196 $3,572 
Charge-offs (b)(683)— (61)— (744)
Recoveries216 1 9 1 227 
Net charge-offs(467)1 (52)1 (517)
Provision for credit losses578 (3)58 12 645 
Other— 2 (1)(1)— 
Allowance at September 30, 2024
$3,166 $19 $307 $208 $3,700 
(a)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
(b)Refer to Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K for information regarding our charge-off policies.
Nine months ended September 30, 2024 ($ in millions)
Consumer automotiveConsumer mortgageConsumer other (a)CommercialTotal
Allowance at January 1, 2024$3,083 $21 $293 $190 $3,587 
Charge-offs (b)(1,976)(1)(199)(2)(2,178)
Recoveries654 3 23 7 687 
Net charge-offs(1,322)2 (176)5 (1,491)
Write-downs from transfers to held-for-sale (c)(5)— — — (5)
Provision for credit losses1,410 (6)191 14 1,609 
Other— 2 (1)(1)— 
Allowance at September 30, 2024
$3,166 $19 $307 $208 $3,700 
(a)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
(b)Refer to Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K for information regarding our charge-off policies.
(c)Consumer automotive includes a $5 million reduction of allowance from the completion of a retail securitization transaction during the nine months ended September 30, 2024, resulting in the deconsolidation of the assets and liabilities from our Condensed Consolidated Balance Sheet.
The following table presents sales of finance receivables and loans and transfers of finance receivables and loans from held-for-investment to held-for-sale based on net carrying value.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Consumer automotive$— $— $— $1,108 
Consumer mortgage8 208 58 325 
Consumer other (a)— —2,248 —
Commercial5 131 98 296 
Total sales and transfers$13 $339 $2,404 $1,729 
(a)Consists of credit card finance receivables and loans. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
The following table presents purchases of finance receivables and loans based on unpaid principal balance at the time of purchase.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Consumer automotive$1,258 $802 $3,242 $2,377 
Consumer mortgage— 7 8 15
Commercial26 — 26 — 
Total purchases of finance receivables and loans$1,284 $809 $3,276 $2,392 
Nonaccrual Loans
The following tables present the amortized cost 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 September 30, 2025, and December 31, 2024. We recorded interest income from cash payments associated with finance receivables and loans on nonaccrual status of $4 million and $11 million for the three months and nine months ended September 30, 2025, respectively, and $4 million and $14 million for the three months and nine months ended September 30, 2024. Refer to Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K for additional information on our accounting policy for finance receivables and loans on nonaccrual status.
September 30, 2025
($ in millions)Nonaccrual status at Jan. 1, 2025Nonaccrual status at
Jul. 1, 2025		Nonaccrual statusNonaccrual with no allowance (a)
Consumer automotive$1,231 $1,134 $1,140 $426 
Consumer mortgage54 69 70 53 
Consumer other (b)90 — — — 
Total consumer1,375 1,203 1,210 479 
Commercial
Commercial and industrial
Automotive15 38 9 9 
Other (c)94 98 124 4 
Commercial real estate2 20 10 8 
Total commercial111 156 143 21 
Total finance receivables and loans$1,486 $1,359 $1,353 $500 
(a)Represents a component of nonaccrual status at end of period.
(b)Consists of credit card finance receivables and loans. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
(c)Includes PCD loans acquired during the three months ended September 30, 2025.
December 31, 2024
($ in millions)Nonaccrual status at Jan. 1, 2024Nonaccrual status at
Jul. 1, 2024		Nonaccrual statusNonaccrual with no allowance (a)
Consumer automotive$1,129 $978 $1,231 $476 
Consumer mortgage54 41 54 36 
Consumer other (b)92 80 90 — 
Total consumer1,275 1,099 1,375 512 
Commercial
Commercial and industrial
Automotive18 18 15 — 
Other98 96 94 4 
Commercial real estate3 2 2 2 
Total commercial119 116 111 6 
Total finance receivables and loans$1,394 $1,215 $1,486 $518 
(a)Represents a component of nonaccrual status at end of period.
(b)Consists of credit card finance receivables and loans. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
Credit Quality Indicators
We evaluate the credit quality of our consumer loan portfolio based on the aging status of the loan and by payment activity. Loan delinquency reporting is generally based upon borrower payment activity, relative to the contractual terms of the loan.
The following tables present the amortized cost basis of our consumer finance receivables and loans by credit quality indicator based on delinquency status and origination year.
Origination yearRevolving loans converted to term
September 30, 2025 ($ in millions)
202520242023202220212020 and priorRevolving loansTotal
Consumer automotive
Current$26,219 $22,326 $14,493 $10,345 $5,166 $2,281 $— $— $80,830 
30–59 days past due284 578 633 615 366 162 — — 2,638 
60–89 days past due78 232 283 287 156 68 — — 1,104 
90 or more days past due30 89 104 106 62 33 — — 424 
Total consumer automotive (a)26,611 23,225 15,513 11,353 5,750 2,544 — — 84,996 
Consumer mortgage
Current— 18 31 1,791 9,376 4,803 97 10 16,126 
30–59 days past due— — — 9 26 24 1 — 60 
60–89 days past due— — — 5 2 5 — — 12 
90 or more days past due— — — 6 17 29 1 2 55 
Total consumer mortgage— 18 31 1,811 9,421 4,861 99 12 16,253 
Total consumer$26,611 $23,243 $15,544 $13,164 $15,171 $7,405 $99 $12 $101,249 
(a)Certain consumer automotive loans are included in fair value hedging relationships. The amortized cost excludes a liability of $2 million related to basis adjustments for loans in closed portfolios with active hedges under the portfolio layer method at September 30, 2025. These basis adjustments would be allocated to the amortized cost of specific loans within the pool if the hedge was dedesignated. Refer to Note 19 for additional information.
Origination yearRevolving loans converted to term
December 31, 2024 ($ in millions)
202420232022202120202019 and priorRevolving loansTotal
Consumer automotive
Current$30,322 $20,387 $15,234 $8,368 $3,064 $1,849 $— $— $79,224 
30–59 days past due419 756 841 546 174 141 — — 2,877 
60–89 days past due131 338 390 240 75 56 — — 1,230 
90 or more days past due47 123 142 93 31 31 — — 467 
Total consumer automotive (a)30,919 21,604 16,607 9,247 3,344 2,077 — — 83,798 
Consumer mortgage
Current13 31 1,901 9,834 1,714 3,503 115 15 17,126 
30–59 days past due— — 7 9 5 27 — — 48 
60–89 days past due— — 4 4 1 4 — — 13 
90 or more days past due— 2 2 9 1 30 1 2 47 
Total consumer mortgage13 33 1,914 9,856 1,721 3,564 116 17 17,234 
Consumer other
Current— — — — — — 2,140 — 2,140 
30–59 days past due— — — — — — 35 — 35 
60–89 days past due— — — — — — 33 — 33 
90 or more days past due— — — — — — 86 — 86 
Total consumer other (b)— — — — — — 2,294 — 2,294 
Total consumer$30,932 $21,637 $18,521 $19,103 $5,065 $5,641 $2,410 $17 $103,326 
(a)Certain consumer automotive loans are included in fair value hedging relationships. The amortized cost excludes a liability of $41 million related to basis adjustments for loans in closed portfolios with active hedges under the portfolio layer method at December 31, 2024. These basis adjustments would be allocated to the amortized cost of specific loans within the pool if the hedge was dedesignated. Refer to Note 19 for additional information.
(b)Consists of credit card finance receivables and loans. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
We evaluate the credit quality of our commercial loan portfolio using regulatory risk ratings, which are based on relevant information about the borrower’s financial condition, including current financial information, historical payment experience, credit documentation, and current economic trends, among other factors. We use the following definitions for risk ratings below Pass.
•Special mention — Loans that have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or the institution’s credit position at some future date.
•Substandard — Loans that are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. These loans have a well-defined weakness or weakness that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected.
•Doubtful — Loans that have all the weaknesses inherent in those classified as substandard, with the additional characteristic that the weaknesses make collection or liquidation in full, based on the basis of currently existing facts, conditions, and values, highly questionable and improbable.
•Loss — Loans that are considered uncollectible and of such little value that their continuance as bankable assets is not warranted. This classification does not mean that the asset has absolutely no recovery or salvage value, but rather that it is not practical or desirable to defer writing off this basically worthless asset even though partial recovery may be effected in the future.
The regulatory risk classification utilized is influenced by internal credit risk ratings, which are based on a variety of factors. A borrower’s internal credit risk rating is updated at least annually, and more frequently when a borrower’s credit profile changes, including when we become aware of potential credit deterioration. 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
September 30, 2025 ($ in millions)
202520242023202220212020 and priorRevolving loansTotal
Commercial
Commercial and industrial
Automotive
Pass$269 $437 $266 $281 $103 $81 $14,303 $— $15,740 
Special mention2 2 23 12 19 3 1,290 — 1,351 
Substandard— — — — — — 46 — 46 
Total automotive271 439 289 293 122 84 15,639 — 17,137 
Other
Pass561 636 173 315 216 332 5,711 128 8,072 
Special mention— 31 — 232 160 97 308 22 850 
Substandard— — — — 20 62 42 — 124 
Doubtful— — — — — 107 16 — 123 
Total other561 667 173 547 396 598 6,077 150 9,169 
Commercial real estate
Pass1,198 1,076 804 1,051 963 1,576 11 58 6,737 
Special mention3 42 45 94 46 37 — — 267 
Substandard— — 2 5 — — — — 7 
Doubtful— — 2 1 — — — — 3 
Total commercial real estate1,201 1,118 853 1,151 1,009 1,613 11 58 7,014 
Total commercial$2,033 $2,224 $1,315 $1,991 $1,527 $2,295 $21,727 $208 $33,320 
Origination yearRevolving loans converted to term
December 31, 2024 ($ in millions)
202420232022202120202019 and priorRevolving loansTotal
Commercial
Commercial and industrial
Automotive
Pass$522 $336 $337 $125 $64 $52 $15,005 $— $16,441 
Special mention3 38 15 25 3 1 1,694 — 1,779 
Substandard— — — — — — 33 — 33 
Doubtful— — — — — — 6 — 6 
Total automotive525 374 352 150 67 53 16,738 — 18,259 
Other
Pass707 296 261 199 18 205 5,047 84 6,817 
Special mention— — 394 280 186 76 226 32 1,194 
Substandard— 27 — 23 46 54 12 4 166 
Doubtful— — — — — 26 9 — 35 
Total other707 323 655 502 250 361 5,294 120 8,212 
Commercial real estate
Pass959 904 1,228 1,030 757 1,137 — 36 6,051 
Special mention6 51 69 57 35 3 — — 221 
Doubtful— — 1 — — 1 — — 2 
Total commercial real estate965 955 1,298 1,087 792 1,141 — 36 6,274 
Total commercial$2,197 $1,652 $2,305 $1,739 $1,109 $1,555 $22,032 $156 $32,745 
The following table presents an analysis of our past-due commercial finance receivables and loans recorded at amortized cost basis.
($ in millions)30–59 days past due60–89 days past due90 days or more past dueTotal past dueCurrentTotal finance receivables and loans
September 30, 2025
Commercial
Commercial and industrial
Automotive$— $— $— $— $17,137 $17,137 
Other3 — 67 70 9,099 9,169 
Commercial real estate— — 1 1 7,013 7,014 
Total commercial$3 $— $68 $71 $33,249 $33,320 
December 31, 2024
Commercial
Commercial and industrial
Automotive$5 $— $— $5 $18,254 $18,259 
Other35 — — 35 8,177 8,212 
Commercial real estate1 — 1 2 6,272 6,274 
Total commercial$41 $— $1 $42 $32,703 $32,745 
The following tables present gross charge-offs of our finance receivables and loans for each portfolio class by origination year during the nine months ended September 30, 2025, and during the year ended December 31, 2024, respectively. Refer to Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K for additional information on our charge-off policy.
Origination yearRevolving loans converted to term
September 30, 2025 ($ in millions)
202520242023202220212020 and priorRevolving loansTotal
Consumer automotive$65 $405 $574 $517 $252 $124 $— $— $1,937 
Consumer mortgage— — — 1 1 — — — 2 
Consumer other (a)— — — — — — 64 4 68 
Total consumer65 405 574 518 253 124 64 4 2,007 
Commercial
Commercial and industrial
Automotive— — — — 1 — 1 — 2 
Total commercial— — — — 1 — 1 — 2 
Total finance receivables and loans$65 $405 $574 $518 $254 $124 $65 $4 $2,009 
(a)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
Origination yearRevolving loans converted to term
December 31, 2024 ($ in millions)
202420232022202120202019 and priorRevolving loansTotal
Consumer automotive (a)$160 $779 $943 $510 $137 $152 $— $— $2,681 
Consumer mortgage— — — 1 — 1 — — 2 
Consumer other (b)— — — — — — 246 16 262 
Total consumer160 779 943 511 137 153 246 16 2,945 
Commercial
Commercial and industrial
Automotive— — — — — 1 2 — 3 
Total commercial— — — — — 1 2 — 3 
Total finance receivables and loans$160 $779 $943 $511 $137 $154 $248 $16 $2,948 
(a)Excludes $5 million of write-downs from transfers to held-for-sale from the completion of a retail securitization transaction during the year ended December 31, 2024, resulting in the deconsolidation of the assets and liabilities from our Condensed Consolidated Balance Sheet.
(b)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
Loan Modifications
The following tables present the amortized cost basis of loans that were modified subsequent to origination during the three months and nine months ended September 30, 2025, and 2024, 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 2024 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 September 30, 2025, and December 31, 2024, there were $8 million and $4 million of consumer mortgage finance receivables and loans in a trial modification program, respectively.
Payment extensions
Three months ended September 30, 2025
($ in millions)
Payment deferralsContractual maturity extensionsPrincipal forgivenessInterest rate concessionsCombinationTotal
Consumer automotive$— $237 $4 $— $1 $242 
Consumer mortgage1 1 — 1 — 3 
Total consumer1 238 4 1 1 245 
Commercial
Commercial and industrial
Other— 19 — — — 19 
Commercial real estate3 — — — — 3 
Total commercial3 19 — — — 22 
Total finance receivables and loans$4 $257 $4 $1 $1 $267 
Payment extensions
Nine months ended September 30, 2025
($ in millions)
Payment deferralsContractual maturity extensionsPrincipal forgivenessInterest rate concessionsCombinationTotal (a)
Consumer automotive$— $450 $6 $— $1 $457 
Consumer mortgage1 1 — 1 3 6 
Total consumer1 451 6 1 4 463 
Commercial
Commercial and industrial
Automotive— — — 9 — 9 
Other3 76 — — — 79 
Commercial real estate4 — — 7 — 11 
Total commercial7 76 — 16 — 99 
Total finance receivables and loans$8 $527 $6 $17 $4 $562 
(a)Represents 0.4% of total finance receivables and loans outstanding as of September 30, 2025.
Payment extensions
Three months ended September 30, 2024
($ in millions)
Payment deferralsContractual maturity extensionsPrincipal forgivenessInterest rate concessionsCombinationTotal
Consumer automotive$— $130 $2 $— $— $132 
Consumer mortgage— 1 — — — 1 
Consumer other (a)— — 1 6 — 7 
Total consumer— 131 3 6 — 140 
Commercial
Commercial and industrial
Automotive— — — 37 — 37 
Other— 25 — — 14 39 
Commercial real estate— — — — 1 1 
Total commercial— 25 — 37 15 77 
Total finance receivables and loans$— $156 $3 $43 $15 $217 
(a)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
Payment extensions
Nine months ended September 30, 2024
($ in millions)
Payment deferralsContractual maturity extensionsPrincipal forgivenessInterest rate concessionsCombinationTotal (a)
Consumer automotive$— $305 $4 $— $— $309 
Consumer mortgage— 2 — — — 2 
Consumer other (b)— — 1 13 — 14 
Total consumer— 307 5 13 — 325 
Commercial
Commercial and industrial
Automotive5 — — 37 — 42 
Other— 174 — — 14 188 
Commercial real estate— — — — 1 1 
Total commercial5 174 — 37 15 231 
Total finance receivables and loans$5 $481 $5 $50 $15 $556 
(a)Represents 0.4% of total finance receivables and loans outstanding as of September 30, 2024.
(b)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
The following tables present the financial effect of loan modifications that occurred during the three months and nine months ended September 30, 2025, and 2024, respectively.
Payment extensions (a)Principal forgivenessInterest rate concessions (a)Combination (a) (b)
Three months ended
September 30, 2025
($ in millions)
Number of months extended/deferredAmount forgivenInitial rateRevised rateRemaining termRevised remaining termInitial rateRevised rate
Consumer automotive36$1 — %— %699811.7 %7.6 %
Consumer mortgage213— 2.9 2.6 — — — — 
Commercial
Commercial and industrial
Other24$— — %— %— — — %— %
Commercial real estate6— — — — — — — 
Total commercial21$— — — — — — — 
(a)Calculated using a weighted-average balance for each portfolio class.
(b)Term is presented in number of months.
Payment extensions (a)Principal forgivenessInterest rate concessions (a)Combination (a) (b) (c)
Nine months ended
September 30, 2025
($ in millions)
Number of months extended/deferredAmount forgivenInitial rateRevised rateRemaining termRevised remaining termInitial rateRevised rate
Consumer automotive33$2 — %— %709512.4 %8.1 %
Consumer mortgage215— 2.9 2.6 2844084.1 2.3 
Commercial
Commercial and industrial
Automotive— $— 12.5 %7.9 %— — — %— %
Other17— — — — — — — 
Commercial real estate6— 10.9 5.9 — — — — 
Total commercial16$— 11.8 7.0 — — — — 
(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 134 months.
Payment extensions (a)Principal forgivenessInterest rate concessions (a)Combination (a) (b)
Three months ended
September 30, 2024
($ in millions)
Number of months extended/deferredAmount forgivenInitial rateRevised rateRemaining termRevised remaining termInitial rateRevised rate
Consumer automotive30$1 — %— %— — — %— %
Consumer mortgage126— — — — — — — 
Consumer other (c)— 1 30.4 10.4 — — — — 
Commercial
Commercial and industrial
Automotive— $— 11.0 %7.9 %——— %— %
Other15— — — 4605.5 4.3 
Commercial real estate— — — — 849011.0 6.0 
Total commercial15$— 11.0 7.9 7615.7 4.3 
(a)Calculated using a weighted-average balance for each portfolio class.
(b)Term is presented in number of months.
(c)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
Payment extensions (a)Principal forgivenessInterest rate concessions (a)Combination (a) (b)
Nine months ended
September 30, 2024
($ in millions)
Number of months extended/deferredAmount forgivenInitial rateRevised rateRemaining termRevised remaining termInitial rateRevised rate
Consumer automotive29$1 — %— %— — — %— %
Consumer mortgage176— — — — — — — 
Consumer other (c)—1 30.4 7.9 — — — — 
Commercial
Commercial and industrial
Automotive10$— 11.0 %7.9 %——— %— %
Other37— — — 4605.5 4.3 
Commercial real estate— — — — 849011.0 6.0 
Total commercial36$— 11.0 7.9 7615.7 4.3 
(a)Calculated using a weighted-average balance for each portfolio class.
(b)Term is presented in number of months.
(c)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
The following tables present the subsequent performance of loans recorded at amortized cost, by portfolio segment and credit quality indicator, that were modified within the 12 months prior to September 30, 2025, and 2024, respectively.
September 30, 2025 ($ in millions)
Current30–59 days past due60–89 days past due90 or more days past dueTotal
Consumer automotive
Contractual maturity extensions$459 $72 $20 $7 $558 
Principal forgiveness1 — 1 6 8 
Combination2 — — — 2 
Total consumer automotive462 72 21 13 568 
Consumer mortgage
Payment deferrals— 1 — — 1 
Contractual maturity extensions1 — — — 1 
Interest rate concessions1 — — — 1 
Combination2 — — 1 3 
Total consumer mortgage4 1 — 1 6 
Total consumer$466 $73 $21 $14 $574 
September 30, 2025 ($ in millions)
PassSpecial mentionSubstandardDoubtfulTotal
Commercial and industrial
Automotive
Interest rate concessions$— $— $9 $— $9 
Total automotive— — 9 — 9 
Other
Payment deferrals— — — 3 3 
Contractual maturity extensions— 47 29 — 76 
Total other— 47 29 3 79 
Commercial real estate
Payment deferrals— 3 — 1 4 
Interest rate concessions— — 7 — 7 
Total commercial real estate— 3 7 1 11 
Total commercial$— $50 $45 $4 $99 
September 30, 2024 ($ in millions)
Current30–59 days past due60–89 days past due90 or more days past dueTotal
Consumer automotive
Contractual maturity extensions$316 $67 $25 $8 $416 
Principal forgiveness— — — 4 4 
Combination1 — — — 1 
Total consumer automotive317 67 25 12 421 
Consumer mortgage
Contractual maturity extensions2 1 — — 3 
Combination1 — — — 1 
Total consumer mortgage3 1 — — 4 
Consumer other (a)
Interest rate concessions10 2 1 3 16 
Total consumer other10 2 1 3 16 
Total consumer$330 $70 $26 $15 $441 
(a)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
September 30, 2024 ($ in millions)
PassSpecial mentionSubstandardDoubtfulTotal
Commercial and industrial
Automotive
Payment deferrals $— $— $5 $— $5 
Interest rate concessions— — 37 — 37 
Total automotive— — 42 — 42 
Other
Contractual maturity extensions118 — 56 — 174 
Combination— — 14 — 14 
Total other118 — 70 — 188 
Commercial real estate
Combination— — — 1 1 
Total commercial real estate— — — 1 1 
Total commercial$118 $— $112 $1 $231 
As of September 30, 2025, 2,075 consumer automotive loans with a total amortized cost of $51 million redefaulted within 12 months of modification, whereas 1,205 consumer automotive loans with a total amortized cost of $29 million redefaulted within 12 months of modification as of September 30, 2024.
v3.25.3
Leasing
 9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Leasing Leasing
Ally as the Lessee
We have operating leases for certain of our corporate facilities, which have remaining lease terms of 7 months to 11 years. Most of the property leases have fixed payment terms with annual fixed-escalation clauses and include options to extend or terminate the lease. We do not include these term extensions or termination provisions in our estimates of the lease term if we do not consider it reasonably certain that the options will be exercised.
We also have operating leases for a fleet of vehicles that is used by our sales force for business purposes, with noncancelable lease terms of 367 days. Thereafter, the leases are month-to-month, up to a maximum of 48 months from inception.
During the three months and nine months ended September 30, 2025, we paid $9 million and $27 million, respectively, in cash for amounts included in the measurement of lease liabilities at September 30, 2025, compared to $9 million and $26 million for the three months and nine months ended September 30, 2024. These amounts are included in net cash provided by operating activities in the Condensed Consolidated Statement of Cash Flows. During the nine months ended September 30, 2025, and September 30, 2024, we obtained $25 million and $19 million, respectively, of ROU assets in exchange for new lease liabilities. As of September 30, 2025, the weighted-average remaining lease term of our operating lease portfolio was 4 years, and the weighted-average discount rate was 3.56%, compared to 3 years and 3.32% as of December 31, 2024.
The following table presents future minimum rental payments we are required to make under operating leases that have commenced as of September 30, 2025, and that have noncancelable lease terms expiring after September 30, 2025.
($ in millions)
2025$10 
202638 
202730 
202821 
20293 
2030 and thereafter13 
Total undiscounted cash flows115 
Difference between undiscounted cash flows and discounted cash flows(9)
Total lease liability$106 
The following table details the components of total net operating lease expense.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Operating lease expense$7 $7 $23 $22 
Variable lease expense1 1 3 3 
Total lease expense, net (a)$8 $8 $26 $25 
(a)Included in other operating expenses in our Condensed Consolidated Statement of Comprehensive Income.
Ally as the Lessor
Investment in Operating Leases
We purchase consumer operating lease contracts and the associated vehicles from automotive dealerships or manufacturers after those contracts are executed. The amount we pay for an operating lease contract is based on the negotiated price for the vehicle less vehicle trade-in, down payment from the consumer, tax credits, and available automotive manufacturer incentives. Under the operating lease, the consumer is obligated to make payments in amounts equal to the amount by which the negotiated purchase price of the vehicle (less any trade-in value, down payment, tax credits, or available manufacturer incentives) exceeds the contract residual value (including residual support) of the vehicle at lease termination, plus operating lease rental charges. The customer can terminate the lease at any point after commencement, subject to additional charges and fees. The consumer, dealership, or automotive manufacturer may have the option to purchase the vehicle at the end of the lease term, which generally range from 24 to 60 months, at the residual value of the vehicle, however it is not reasonably certain this option will be exercised and accordingly our consumer leases are classified as operating leases. In addition to the charges described above, the consumer is generally responsible for certain charges related to excess mileage or excessive wear and tear on the vehicle. These charges are deemed variable lease payments and, as these payments are not based on a rate or index, they are recognized as net depreciation expense on operating lease assets in our Condensed Consolidated Statement of Comprehensive Income as incurred.
When we acquire a consumer operating lease, we assume ownership of the vehicle. We require that property damage, bodily injury, collision, and comprehensive insurance be obtained by the lessee on all consumer operating leases. When vehicles are not purchased by customers, the receiving dealer, or automotive manufacturer at scheduled lease termination, the vehicle is returned to us for remarketing. We generally bear the risk of loss to the extent the value of a leased vehicle upon remarketing is below the expected residual value after adjusting for any OEM residual value guarantees. At termination, our actual sales proceeds from remarketing the vehicle may be higher or lower than the estimated residual value after adjusting for any OEM residual value guarantees resulting in a gain or loss on remarketing, which is included in net depreciation expense on operating lease assets in our Condensed Consolidated Statement of Comprehensive Income. Excessive mileage or excessive wear and tear on the vehicle during the lease may impact the sales proceeds received upon remarketing. As of September 30, 2025, and December 31, 2024, consumer operating leases with a carrying value, net of accumulated depreciation, of $3.5 billion and $1.9 billion, respectively, were covered by OEM residual value guarantees. Substantially all were covered under an OEM residual value guarantee of approximately 50% of the vehicles’ contract residual value at both September 30, 2025, and December 31, 2024.
The following table details our investment in operating leases.
($ in millions)September 30, 2025December 31, 2024
Vehicles$9,944 $9,519 
Accumulated depreciation(1,345)(1,528)
Investment in operating leases, net$8,599 $7,991 
The following table presents future minimum rental payments we have the right to receive under operating leases with noncancelable lease terms expiring after September 30, 2025.
($ in millions)
2025$391 
20261,336 
2027807 
2028226 
202920 
2030 and thereafter1 
Total lease payments from operating leases$2,781 
We recognized operating lease revenue of $365 million and $1.1 billion for the three months and nine months ended September 30, 2025, respectively, and $316 million and $1.0 billion for the three months and nine months ended September 30, 2024. Depreciation expense on operating lease assets includes net remarketing gains and losses recognized on the sale of operating lease assets. The following table summarizes the components of depreciation expense on operating lease assets.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Depreciation expense on operating lease assets (excluding remarketing (gains) losses) (a)$226 $193 $663 $645 
Remarketing (gains) losses, net(1)(24)18 (129)
Net depreciation expense on operating lease assets$225 $169 $681 $516 
(a)Includes variable lease payments related to excess mileage and excessive wear and tear on vehicles of $5 million and $17 million for the three months and nine months ended September 30, 2025, respectively, and $6 million and $16 million for the three months and nine months ended September 30, 2024.
Finance Leases
In our Automotive Finance operations, we also hold automotive leases that require finance lease treatment as prescribed by ASC Topic 842, Leases. Our total gross investment in finance leases, which consists of lease payment receivables, and is included in finance receivables and loans, net, on our Condensed Consolidated Balance Sheet, was $491 million and $496 million as of September 30, 2025, and December 31, 2024, respectively. Interest income on finance lease receivables was $10 million and $31 million for the three months and nine months ended September 30, 2025, respectively, and $11 million and $34 million for the three months and nine months ended September 30, 2024, and is included in interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income.
The following table presents future minimum rental payments we have the right to receive under finance leases with noncancelable lease terms expiring after September 30, 2025.
($ in millions)
2025$51 
2026177 
2027144 
2028110 
202954 
2030 and thereafter31 
Total undiscounted cash flows567 
Difference between undiscounted cash flows and discounted cash flows(76)
Present value of lease payments recorded as lease receivable$491 
Leasing Leasing
Ally as the Lessee
We have operating leases for certain of our corporate facilities, which have remaining lease terms of 7 months to 11 years. Most of the property leases have fixed payment terms with annual fixed-escalation clauses and include options to extend or terminate the lease. We do not include these term extensions or termination provisions in our estimates of the lease term if we do not consider it reasonably certain that the options will be exercised.
We also have operating leases for a fleet of vehicles that is used by our sales force for business purposes, with noncancelable lease terms of 367 days. Thereafter, the leases are month-to-month, up to a maximum of 48 months from inception.
During the three months and nine months ended September 30, 2025, we paid $9 million and $27 million, respectively, in cash for amounts included in the measurement of lease liabilities at September 30, 2025, compared to $9 million and $26 million for the three months and nine months ended September 30, 2024. These amounts are included in net cash provided by operating activities in the Condensed Consolidated Statement of Cash Flows. During the nine months ended September 30, 2025, and September 30, 2024, we obtained $25 million and $19 million, respectively, of ROU assets in exchange for new lease liabilities. As of September 30, 2025, the weighted-average remaining lease term of our operating lease portfolio was 4 years, and the weighted-average discount rate was 3.56%, compared to 3 years and 3.32% as of December 31, 2024.
The following table presents future minimum rental payments we are required to make under operating leases that have commenced as of September 30, 2025, and that have noncancelable lease terms expiring after September 30, 2025.
($ in millions)
2025$10 
202638 
202730 
202821 
20293 
2030 and thereafter13 
Total undiscounted cash flows115 
Difference between undiscounted cash flows and discounted cash flows(9)
Total lease liability$106 
The following table details the components of total net operating lease expense.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Operating lease expense$7 $7 $23 $22 
Variable lease expense1 1 3 3 
Total lease expense, net (a)$8 $8 $26 $25 
(a)Included in other operating expenses in our Condensed Consolidated Statement of Comprehensive Income.
Ally as the Lessor
Investment in Operating Leases
We purchase consumer operating lease contracts and the associated vehicles from automotive dealerships or manufacturers after those contracts are executed. The amount we pay for an operating lease contract is based on the negotiated price for the vehicle less vehicle trade-in, down payment from the consumer, tax credits, and available automotive manufacturer incentives. Under the operating lease, the consumer is obligated to make payments in amounts equal to the amount by which the negotiated purchase price of the vehicle (less any trade-in value, down payment, tax credits, or available manufacturer incentives) exceeds the contract residual value (including residual support) of the vehicle at lease termination, plus operating lease rental charges. The customer can terminate the lease at any point after commencement, subject to additional charges and fees. The consumer, dealership, or automotive manufacturer may have the option to purchase the vehicle at the end of the lease term, which generally range from 24 to 60 months, at the residual value of the vehicle, however it is not reasonably certain this option will be exercised and accordingly our consumer leases are classified as operating leases. In addition to the charges described above, the consumer is generally responsible for certain charges related to excess mileage or excessive wear and tear on the vehicle. These charges are deemed variable lease payments and, as these payments are not based on a rate or index, they are recognized as net depreciation expense on operating lease assets in our Condensed Consolidated Statement of Comprehensive Income as incurred.
When we acquire a consumer operating lease, we assume ownership of the vehicle. We require that property damage, bodily injury, collision, and comprehensive insurance be obtained by the lessee on all consumer operating leases. When vehicles are not purchased by customers, the receiving dealer, or automotive manufacturer at scheduled lease termination, the vehicle is returned to us for remarketing. We generally bear the risk of loss to the extent the value of a leased vehicle upon remarketing is below the expected residual value after adjusting for any OEM residual value guarantees. At termination, our actual sales proceeds from remarketing the vehicle may be higher or lower than the estimated residual value after adjusting for any OEM residual value guarantees resulting in a gain or loss on remarketing, which is included in net depreciation expense on operating lease assets in our Condensed Consolidated Statement of Comprehensive Income. Excessive mileage or excessive wear and tear on the vehicle during the lease may impact the sales proceeds received upon remarketing. As of September 30, 2025, and December 31, 2024, consumer operating leases with a carrying value, net of accumulated depreciation, of $3.5 billion and $1.9 billion, respectively, were covered by OEM residual value guarantees. Substantially all were covered under an OEM residual value guarantee of approximately 50% of the vehicles’ contract residual value at both September 30, 2025, and December 31, 2024.
The following table details our investment in operating leases.
($ in millions)September 30, 2025December 31, 2024
Vehicles$9,944 $9,519 
Accumulated depreciation(1,345)(1,528)
Investment in operating leases, net$8,599 $7,991 
The following table presents future minimum rental payments we have the right to receive under operating leases with noncancelable lease terms expiring after September 30, 2025.
($ in millions)
2025$391 
20261,336 
2027807 
2028226 
202920 
2030 and thereafter1 
Total lease payments from operating leases$2,781 
We recognized operating lease revenue of $365 million and $1.1 billion for the three months and nine months ended September 30, 2025, respectively, and $316 million and $1.0 billion for the three months and nine months ended September 30, 2024. Depreciation expense on operating lease assets includes net remarketing gains and losses recognized on the sale of operating lease assets. The following table summarizes the components of depreciation expense on operating lease assets.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Depreciation expense on operating lease assets (excluding remarketing (gains) losses) (a)$226 $193 $663 $645 
Remarketing (gains) losses, net(1)(24)18 (129)
Net depreciation expense on operating lease assets$225 $169 $681 $516 
(a)Includes variable lease payments related to excess mileage and excessive wear and tear on vehicles of $5 million and $17 million for the three months and nine months ended September 30, 2025, respectively, and $6 million and $16 million for the three months and nine months ended September 30, 2024.
Finance Leases
In our Automotive Finance operations, we also hold automotive leases that require finance lease treatment as prescribed by ASC Topic 842, Leases. Our total gross investment in finance leases, which consists of lease payment receivables, and is included in finance receivables and loans, net, on our Condensed Consolidated Balance Sheet, was $491 million and $496 million as of September 30, 2025, and December 31, 2024, respectively. Interest income on finance lease receivables was $10 million and $31 million for the three months and nine months ended September 30, 2025, respectively, and $11 million and $34 million for the three months and nine months ended September 30, 2024, and is included in interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income.
The following table presents future minimum rental payments we have the right to receive under finance leases with noncancelable lease terms expiring after September 30, 2025.
($ in millions)
2025$51 
2026177 
2027144 
2028110 
202954 
2030 and thereafter31 
Total undiscounted cash flows567 
Difference between undiscounted cash flows and discounted cash flows(76)
Present value of lease payments recorded as lease receivable$491 
Leasing Leasing
Ally as the Lessee
We have operating leases for certain of our corporate facilities, which have remaining lease terms of 7 months to 11 years. Most of the property leases have fixed payment terms with annual fixed-escalation clauses and include options to extend or terminate the lease. We do not include these term extensions or termination provisions in our estimates of the lease term if we do not consider it reasonably certain that the options will be exercised.
We also have operating leases for a fleet of vehicles that is used by our sales force for business purposes, with noncancelable lease terms of 367 days. Thereafter, the leases are month-to-month, up to a maximum of 48 months from inception.
During the three months and nine months ended September 30, 2025, we paid $9 million and $27 million, respectively, in cash for amounts included in the measurement of lease liabilities at September 30, 2025, compared to $9 million and $26 million for the three months and nine months ended September 30, 2024. These amounts are included in net cash provided by operating activities in the Condensed Consolidated Statement of Cash Flows. During the nine months ended September 30, 2025, and September 30, 2024, we obtained $25 million and $19 million, respectively, of ROU assets in exchange for new lease liabilities. As of September 30, 2025, the weighted-average remaining lease term of our operating lease portfolio was 4 years, and the weighted-average discount rate was 3.56%, compared to 3 years and 3.32% as of December 31, 2024.
The following table presents future minimum rental payments we are required to make under operating leases that have commenced as of September 30, 2025, and that have noncancelable lease terms expiring after September 30, 2025.
($ in millions)
2025$10 
202638 
202730 
202821 
20293 
2030 and thereafter13 
Total undiscounted cash flows115 
Difference between undiscounted cash flows and discounted cash flows(9)
Total lease liability$106 
The following table details the components of total net operating lease expense.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Operating lease expense$7 $7 $23 $22 
Variable lease expense1 1 3 3 
Total lease expense, net (a)$8 $8 $26 $25 
(a)Included in other operating expenses in our Condensed Consolidated Statement of Comprehensive Income.
Ally as the Lessor
Investment in Operating Leases
We purchase consumer operating lease contracts and the associated vehicles from automotive dealerships or manufacturers after those contracts are executed. The amount we pay for an operating lease contract is based on the negotiated price for the vehicle less vehicle trade-in, down payment from the consumer, tax credits, and available automotive manufacturer incentives. Under the operating lease, the consumer is obligated to make payments in amounts equal to the amount by which the negotiated purchase price of the vehicle (less any trade-in value, down payment, tax credits, or available manufacturer incentives) exceeds the contract residual value (including residual support) of the vehicle at lease termination, plus operating lease rental charges. The customer can terminate the lease at any point after commencement, subject to additional charges and fees. The consumer, dealership, or automotive manufacturer may have the option to purchase the vehicle at the end of the lease term, which generally range from 24 to 60 months, at the residual value of the vehicle, however it is not reasonably certain this option will be exercised and accordingly our consumer leases are classified as operating leases. In addition to the charges described above, the consumer is generally responsible for certain charges related to excess mileage or excessive wear and tear on the vehicle. These charges are deemed variable lease payments and, as these payments are not based on a rate or index, they are recognized as net depreciation expense on operating lease assets in our Condensed Consolidated Statement of Comprehensive Income as incurred.
When we acquire a consumer operating lease, we assume ownership of the vehicle. We require that property damage, bodily injury, collision, and comprehensive insurance be obtained by the lessee on all consumer operating leases. When vehicles are not purchased by customers, the receiving dealer, or automotive manufacturer at scheduled lease termination, the vehicle is returned to us for remarketing. We generally bear the risk of loss to the extent the value of a leased vehicle upon remarketing is below the expected residual value after adjusting for any OEM residual value guarantees. At termination, our actual sales proceeds from remarketing the vehicle may be higher or lower than the estimated residual value after adjusting for any OEM residual value guarantees resulting in a gain or loss on remarketing, which is included in net depreciation expense on operating lease assets in our Condensed Consolidated Statement of Comprehensive Income. Excessive mileage or excessive wear and tear on the vehicle during the lease may impact the sales proceeds received upon remarketing. As of September 30, 2025, and December 31, 2024, consumer operating leases with a carrying value, net of accumulated depreciation, of $3.5 billion and $1.9 billion, respectively, were covered by OEM residual value guarantees. Substantially all were covered under an OEM residual value guarantee of approximately 50% of the vehicles’ contract residual value at both September 30, 2025, and December 31, 2024.
The following table details our investment in operating leases.
($ in millions)September 30, 2025December 31, 2024
Vehicles$9,944 $9,519 
Accumulated depreciation(1,345)(1,528)
Investment in operating leases, net$8,599 $7,991 
The following table presents future minimum rental payments we have the right to receive under operating leases with noncancelable lease terms expiring after September 30, 2025.
($ in millions)
2025$391 
20261,336 
2027807 
2028226 
202920 
2030 and thereafter1 
Total lease payments from operating leases$2,781 
We recognized operating lease revenue of $365 million and $1.1 billion for the three months and nine months ended September 30, 2025, respectively, and $316 million and $1.0 billion for the three months and nine months ended September 30, 2024. Depreciation expense on operating lease assets includes net remarketing gains and losses recognized on the sale of operating lease assets. The following table summarizes the components of depreciation expense on operating lease assets.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Depreciation expense on operating lease assets (excluding remarketing (gains) losses) (a)$226 $193 $663 $645 
Remarketing (gains) losses, net(1)(24)18 (129)
Net depreciation expense on operating lease assets$225 $169 $681 $516 
(a)Includes variable lease payments related to excess mileage and excessive wear and tear on vehicles of $5 million and $17 million for the three months and nine months ended September 30, 2025, respectively, and $6 million and $16 million for the three months and nine months ended September 30, 2024.
Finance Leases
In our Automotive Finance operations, we also hold automotive leases that require finance lease treatment as prescribed by ASC Topic 842, Leases. Our total gross investment in finance leases, which consists of lease payment receivables, and is included in finance receivables and loans, net, on our Condensed Consolidated Balance Sheet, was $491 million and $496 million as of September 30, 2025, and December 31, 2024, respectively. Interest income on finance lease receivables was $10 million and $31 million for the three months and nine months ended September 30, 2025, respectively, and $11 million and $34 million for the three months and nine months ended September 30, 2024, and is included in interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income.
The following table presents future minimum rental payments we have the right to receive under finance leases with noncancelable lease terms expiring after September 30, 2025.
($ in millions)
2025$51 
2026177 
2027144 
2028110 
202954 
2030 and thereafter31 
Total undiscounted cash flows567 
Difference between undiscounted cash flows and discounted cash flows(76)
Present value of lease payments recorded as lease receivable$491 
Leasing Leasing
Ally as the Lessee
We have operating leases for certain of our corporate facilities, which have remaining lease terms of 7 months to 11 years. Most of the property leases have fixed payment terms with annual fixed-escalation clauses and include options to extend or terminate the lease. We do not include these term extensions or termination provisions in our estimates of the lease term if we do not consider it reasonably certain that the options will be exercised.
We also have operating leases for a fleet of vehicles that is used by our sales force for business purposes, with noncancelable lease terms of 367 days. Thereafter, the leases are month-to-month, up to a maximum of 48 months from inception.
During the three months and nine months ended September 30, 2025, we paid $9 million and $27 million, respectively, in cash for amounts included in the measurement of lease liabilities at September 30, 2025, compared to $9 million and $26 million for the three months and nine months ended September 30, 2024. These amounts are included in net cash provided by operating activities in the Condensed Consolidated Statement of Cash Flows. During the nine months ended September 30, 2025, and September 30, 2024, we obtained $25 million and $19 million, respectively, of ROU assets in exchange for new lease liabilities. As of September 30, 2025, the weighted-average remaining lease term of our operating lease portfolio was 4 years, and the weighted-average discount rate was 3.56%, compared to 3 years and 3.32% as of December 31, 2024.
The following table presents future minimum rental payments we are required to make under operating leases that have commenced as of September 30, 2025, and that have noncancelable lease terms expiring after September 30, 2025.
($ in millions)
2025$10 
202638 
202730 
202821 
20293 
2030 and thereafter13 
Total undiscounted cash flows115 
Difference between undiscounted cash flows and discounted cash flows(9)
Total lease liability$106 
The following table details the components of total net operating lease expense.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Operating lease expense$7 $7 $23 $22 
Variable lease expense1 1 3 3 
Total lease expense, net (a)$8 $8 $26 $25 
(a)Included in other operating expenses in our Condensed Consolidated Statement of Comprehensive Income.
Ally as the Lessor
Investment in Operating Leases
We purchase consumer operating lease contracts and the associated vehicles from automotive dealerships or manufacturers after those contracts are executed. The amount we pay for an operating lease contract is based on the negotiated price for the vehicle less vehicle trade-in, down payment from the consumer, tax credits, and available automotive manufacturer incentives. Under the operating lease, the consumer is obligated to make payments in amounts equal to the amount by which the negotiated purchase price of the vehicle (less any trade-in value, down payment, tax credits, or available manufacturer incentives) exceeds the contract residual value (including residual support) of the vehicle at lease termination, plus operating lease rental charges. The customer can terminate the lease at any point after commencement, subject to additional charges and fees. The consumer, dealership, or automotive manufacturer may have the option to purchase the vehicle at the end of the lease term, which generally range from 24 to 60 months, at the residual value of the vehicle, however it is not reasonably certain this option will be exercised and accordingly our consumer leases are classified as operating leases. In addition to the charges described above, the consumer is generally responsible for certain charges related to excess mileage or excessive wear and tear on the vehicle. These charges are deemed variable lease payments and, as these payments are not based on a rate or index, they are recognized as net depreciation expense on operating lease assets in our Condensed Consolidated Statement of Comprehensive Income as incurred.
When we acquire a consumer operating lease, we assume ownership of the vehicle. We require that property damage, bodily injury, collision, and comprehensive insurance be obtained by the lessee on all consumer operating leases. When vehicles are not purchased by customers, the receiving dealer, or automotive manufacturer at scheduled lease termination, the vehicle is returned to us for remarketing. We generally bear the risk of loss to the extent the value of a leased vehicle upon remarketing is below the expected residual value after adjusting for any OEM residual value guarantees. At termination, our actual sales proceeds from remarketing the vehicle may be higher or lower than the estimated residual value after adjusting for any OEM residual value guarantees resulting in a gain or loss on remarketing, which is included in net depreciation expense on operating lease assets in our Condensed Consolidated Statement of Comprehensive Income. Excessive mileage or excessive wear and tear on the vehicle during the lease may impact the sales proceeds received upon remarketing. As of September 30, 2025, and December 31, 2024, consumer operating leases with a carrying value, net of accumulated depreciation, of $3.5 billion and $1.9 billion, respectively, were covered by OEM residual value guarantees. Substantially all were covered under an OEM residual value guarantee of approximately 50% of the vehicles’ contract residual value at both September 30, 2025, and December 31, 2024.
The following table details our investment in operating leases.
($ in millions)September 30, 2025December 31, 2024
Vehicles$9,944 $9,519 
Accumulated depreciation(1,345)(1,528)
Investment in operating leases, net$8,599 $7,991 
The following table presents future minimum rental payments we have the right to receive under operating leases with noncancelable lease terms expiring after September 30, 2025.
($ in millions)
2025$391 
20261,336 
2027807 
2028226 
202920 
2030 and thereafter1 
Total lease payments from operating leases$2,781 
We recognized operating lease revenue of $365 million and $1.1 billion for the three months and nine months ended September 30, 2025, respectively, and $316 million and $1.0 billion for the three months and nine months ended September 30, 2024. Depreciation expense on operating lease assets includes net remarketing gains and losses recognized on the sale of operating lease assets. The following table summarizes the components of depreciation expense on operating lease assets.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Depreciation expense on operating lease assets (excluding remarketing (gains) losses) (a)$226 $193 $663 $645 
Remarketing (gains) losses, net(1)(24)18 (129)
Net depreciation expense on operating lease assets$225 $169 $681 $516 
(a)Includes variable lease payments related to excess mileage and excessive wear and tear on vehicles of $5 million and $17 million for the three months and nine months ended September 30, 2025, respectively, and $6 million and $16 million for the three months and nine months ended September 30, 2024.
Finance Leases
In our Automotive Finance operations, we also hold automotive leases that require finance lease treatment as prescribed by ASC Topic 842, Leases. Our total gross investment in finance leases, which consists of lease payment receivables, and is included in finance receivables and loans, net, on our Condensed Consolidated Balance Sheet, was $491 million and $496 million as of September 30, 2025, and December 31, 2024, respectively. Interest income on finance lease receivables was $10 million and $31 million for the three months and nine months ended September 30, 2025, respectively, and $11 million and $34 million for the three months and nine months ended September 30, 2024, and is included in interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income.
The following table presents future minimum rental payments we have the right to receive under finance leases with noncancelable lease terms expiring after September 30, 2025.
($ in millions)
2025$51 
2026177 
2027144 
2028110 
202954 
2030 and thereafter31 
Total undiscounted cash flows567 
Difference between undiscounted cash flows and discounted cash flows(76)
Present value of lease payments recorded as lease receivable$491 
v3.25.3
Securitizations and Variable Interest Entities
 9 Months Ended
Sep. 30, 2025
Securitizations And Variable Interest Entities [Abstract]  
Securitizations and Variable Interest Entities Securitizations and Variable Interest Entities
We securitize, transfer, and service consumer automotive loans. We often securitize these loans (also referred to as financial assets) using SPEs. An SPE is a legal entity that is designed to fulfill a specified limited need of the sponsor. Our principal use of SPEs is to obtain liquidity by securitizing certain of our financial assets. SPEs are often VIEs and may or may not be included on our Condensed Consolidated Balance Sheet. Additionally, we sell consumer automotive whole-loans to SPEs where we have a continuing involvement.
VIEs are legal entities that either have an insufficient amount of equity at risk for the entity to finance its activities without additional subordinated financial support or, as a group, the holders of the equity investment at risk lack the ability to control the entity’s activities that most significantly impact economic performance through voting or similar rights, or do not have the obligation to absorb the expected losses or the right to receive expected residual returns of the entity.
The VIEs included on the Condensed Consolidated Balance Sheet represent SPEs where we are deemed to be the primary beneficiary, primarily due to our servicing activities and our beneficial interests in the VIE that could be potentially significant.
The nature, purpose, and activities of nonconsolidated SPEs are similar to those of our consolidated SPEs with the primary difference being the nature and extent of our continuing involvement. For nonconsolidated SPEs, the transferred financial assets are removed from our balance sheet provided the conditions for sale accounting are met. The financial assets obtained from the sale are primarily reported as cash or retained interests (if applicable). Liabilities incurred as part of these sales, are recorded at fair value at the time of sale and are reported as accrued expenses and other liabilities on our Condensed Consolidated Balance Sheet. Upon the sale of the loans, we recognize a gain or loss on sale for the difference between the assets recognized, the assets derecognized, and the liabilities recognized as part of the transaction. With
respect to our ongoing right to service the assets we sell, the servicing fee we receive represents adequate compensation, and consequently, we do not recognize a servicing asset or liability.
We had pretax losses on sales of financial assets into nonconsolidated VIEs of $3 million and $5 million during the three months and nine months ended September 30, 2025, respectively, as compared to pretax gains of $1 million and $2 million during the three months and nine months ended September 30, 2024.
We provide long-term guarantee contracts to investors in certain nonconsolidated affordable housing entities and have extended a line of credit to provide liquidity. Since we do not have control over the entities or the power to make decisions, we do not consolidate the entities and our involvement is limited to the guarantee and the line of credit.
We are involved with various other nonconsolidated equity investments, including affordable housing entities and venture capital funds and loan funds. We do not consolidate these entities and our involvement is limited to our outstanding investment, additional capital committed to these funds plus any previously recognized LIHTCs that are subject to recapture.
Refer to Note 1 and Note 11 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K for further description of our securitization activities and our involvement with VIEs.
The following table presents our involvement in consolidated and nonconsolidated VIEs in which we hold variable interests. We have excluded certain transactions with nonconsolidated entities from the balances presented in the table below, where our only continuing involvement relates to financial interests obtained through the ordinary course of business, primarily from lending and investing arrangements. For additional detail related to the assets and liabilities of consolidated variable interest entities, refer to the Condensed Consolidated Balance Sheet.
($ in millions)Carrying value of total assetsCarrying value of total liabilitiesAssets sold to nonconsolidated VIEs (a)Maximum exposure to loss in nonconsolidated VIEs
September 30, 2025
On‑balance sheet variable interest entities
Consumer automotive$11,560 (b)$1,054 (c)$— $— 
Off-balance sheet variable interest entities
Consumer automotive (d)61 (e)— 3,057 3,118 (f)
Commercial other2,785 (g)857 (h)— 3,578 (i)
Total$14,406 $1,911 $3,057 $6,696 
December 31, 2024
On-balance sheet variable interest entities
Consumer automotive$12,821 (b)$1,683 (c)$— $— 
Off-balance sheet variable interest entities
Consumer automotive (d)92 (e)— 2,885 2,977 (f)
Consumer other (j)— — 86 86 
Commercial other2,768 (g)1,022 (h)— 3,482 (i)
Total$15,681 $2,705 $2,971 $6,545 
(a)Represents the current unpaid principal balance of outstanding consumer automotive and credit card finance receivables and loans within the VIEs.
(b)Includes $8.7 billion and $8.2 billion of assets that were not encumbered by VIE beneficial interests held by third parties at September 30, 2025, and December 31, 2024, respectively. Ally or consolidated affiliates hold the interests in these assets.
(c)Includes $140 million and $118 million of liabilities that were not obligations to third-party beneficial interest holders at September 30, 2025, and December 31, 2024, respectively.
(d)Includes activity where we sell loans through a pass-through program to a third party.
(e)Represents retained notes and certificated residual interests, of which $58 million and $88 million were classified as held-to-maturity securities at September 30, 2025, and December 31, 2024, respectively, and $3 million and $4 million were classified as other assets at September 30, 2025, and December 31, 2024, respectively. These assets represent our compliance with the risk retention rules under the Dodd-Frank Act, requiring us to retain at least five percent of the credit risk of the assets underlying asset-backed securitizations.
(f)Maximum exposure to loss represents the current unpaid principal balance of outstanding loans based on our customary representation and warranty provisions. This measure is based on the unlikely event that all the loans have underwriting defects or other defects that trigger a representation and warranty provision and the collateral supporting the loans are worthless. This required disclosure is not an indication of our expected loss.
(g)Amounts are classified as other assets except for $54 million and $50 million classified as equity securities at September 30, 2025, and December 31, 2024, respectively.
(h)Amounts are classified as accrued expenses and other liabilities.
(i)For certain nonconsolidated affordable housing entities, maximum exposure to loss represents the yield we guaranteed investors through long-term guarantee contracts. The amount disclosed is based on the unlikely event that the yield delivered to investors in the form of LIHTCs and other tax credits is recaptured. For nonconsolidated equity investments, maximum exposure to loss represents our outstanding investment, additional committed capital, and LIHTCs and other tax credits subject to recapture. The amount disclosed is based on the unlikely event that our committed capital is funded, our investments become worthless, and the tax credits previously delivered to us are recaptured. This required disclosure is not an indication of our expected loss.
(j)Includes balances from Ally Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
Cash Flows with Nonconsolidated Special-Purpose Entities
The following table summarizes cash flows received and paid related to SPEs and asset-backed financings where the transfer is accounted for as a sale and we have a continuing involvement with the transferred consumer automotive and credit card assets (for example, servicing) that were outstanding during the nine months ended September 30, 2025, and September 30, 2024. Additionally, this table contains information regarding cash flows received from and paid to nonconsolidated SPEs that existed during each period.
Nine months ended September 30,
($ in millions)20252024
Consumer automotive
Cash proceeds from transfers completed during the period$1,010 $1,468 
Servicing fees44 44 
Cash flows received on retained interests in securitization entities33 41 
Other cash flows received3 2 
Cash disbursements for repurchases during the period1 1 
Consumer other (a)
Cash proceeds from transfers completed during the period8 35 
Servicing fees1 5 
(a)Includes activity from Ally Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
Delinquencies and Net Credit Losses
The following tables present quantitative information about off-balance sheet securitizations and whole-loan sales where we have continuing involvement.
Total amountAmount 60 days or more past due
($ in millions)September 30, 2025December 31, 2024September 30, 2025December 31, 2024
Off-balance-sheet securitization entities
Consumer automotive$1,156 $1,730 $17 $22 
Whole-loan sales (a)
Consumer automotive1,901 1,155 108 83 
Consumer other (b)— 86 — 10 
Total$3,057 $2,971 $125 $115 
(a)Whole-loan sales are not part of a securitization transaction, but represent consumer automotive and credit card pools of loans sold to third-party investors.
(b)Includes balances related to Ally Credit Card at December 31, 2024. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
Net credit losses
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Off-balance-sheet securitization entities
Consumer automotive$5 $6 $13 $14 
Whole-loan sales (a)
Consumer automotive28 22 72 54 
Consumer other (b)— 7 7 29 
Total$33 $35 $92 $97 
(a)Whole-loan sales are not part of a securitization transaction, but represent consumer automotive and credit card pools of loans sold to third-party investors.
(b)Includes activity from Ally Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
v3.25.3
Other Assets
 9 Months Ended
Sep. 30, 2025
Other Assets [Abstract]  
Other Assets Other Assets
The components of other assets were as follows.
($ in millions)September 30, 2025December 31, 2024
Property and equipment at cost$2,269 $2,226 
Accumulated depreciation(1,093)(973)
Net property and equipment1,176 1,253 
Net deferred tax assets2,175 1,916 
Proportional amortization investments (a) (b)2,080 2,131 
Restricted cash and cash equivalents (c)1,131 788 
Accrued interest, fees, and rent receivables (d)896 929 
Nonmarketable equity investments858 789 
Equity-method investments (e)705 632 
Restricted cash held for securitization trusts (f)227 300 
Other accounts receivable213 312 
Goodwill190 551 
Operating lease right-of-use assets91 92 
Net intangible assets— 54 
Other assets953 913 
Total other assets$10,695 $10,660 
(a)Proportional amortization investments includes qualifying LIHTC, NMTC, and HTC investments.
(b)Presented gross of the associated unfunded commitment. Refer to Note 14 for further information.
(c)Primarily represents restricted cash equivalents funded through the issuance of credit-linked notes. Additionally, includes a number of arrangements with third parties where certain restrictions are placed on balances we hold due to collateral agreements associated with operational processes with a third-party bank, partner, or letter of credit arrangements and corresponding collateral requirements. Refer to Note 18 for further information about the issuance of credit-linked notes.
(d)Primarily relates to accrued interest, fees, and rent receivables related to our consumer automotive and commercial automotive finance receivables and loans.
(e)Primarily relates to investments made in connection with our CRA program.
(f)Includes restricted cash collected from customer payments on securitized receivables, which are distributed by us to investors as payments on the related secured debt, and cash reserve deposits utilized as a form of credit enhancement for various securitization transactions.
The following table summarizes information about our proportional amortization investments.
 Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Tax credits and other tax benefits from proportional amortization investments (a) (b)$91 $106 $249 $215 
Investment amortization expense recognized as a component of income tax expense (a)73 86 198 174 
Net benefit from proportional amortization investments (a)$18 $20 $51 $41 
(a)Amounts are included within income tax expense from continuing operations on our Condensed Consolidated Statement of Comprehensive Income and as a component of operating activities within deferred income taxes, other assets, and other liabilities on our Condensed Consolidated Statement of Cash Flows.
(b)There were no impairment losses recognized during both the three months and nine months ended September 30, 2025, and September 30, 2024, resulting from the forfeiture or ineligibility of tax credits or other circumstances.
Our proportional amortization investments were $2.1 billion at both September 30, 2025, and December 31, 2024, and are included within other assets on our Condensed Consolidated Balance Sheet. Unfunded commitments to provide additional capital to proportional amortization investments were $856 million and $1.0 billion at September 30, 2025, and December 31, 2024, respectively, and are included within accrued expenses and other liabilities on our Condensed Consolidated Balance Sheet. Substantially all of the unfunded commitments at September 30, 2025, are expected to be paid out within the next five years.
The total carrying value of the nonmarketable equity investments held at September 30, 2025, and December 31, 2024, including cumulative unrealized gains and losses, was as follows.
($ in millions)September 30, 2025December 31, 2024
FRB stock$442 $440 
FHLB stock310 258 
Equity investments without a readily determinable fair value
Cost basis91 74 
Adjustments
Upward adjustments53 53 
Downward adjustments (including impairment)(38)(36)
Carrying amount, equity investments without a readily determinable fair value106 91 
Nonmarketable equity investments$858 $789 
During the three months and nine months ended September 30, 2025, and September 30, 2024, unrealized gains and losses included in the carrying value of the nonmarketable equity investments still held as of September 30, 2025, and September 30, 2024, were as follows.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Upward adjustments$— $1 $— $2 
Downward adjustments (including impairment) (a)$— $(5)$(2)$(19)
(a)No impairment on FHLB and FRB stock was recognized during both the three months and nine months ended September 30, 2025, and September 30, 2024.
The carrying balance of goodwill by reportable operating segment was as follows.
($ in millions)Automotive Finance operationsInsurance operationsCorporate and Other (a)Total
Goodwill at December 31, 2023
$20 $27 $622 $669 
Goodwill impairment— — (118)(118)
Goodwill at December 31, 2024
$20 $27 $504 $551 
Goodwill impairment— — (305)(305)
Transfer to assets of operations held-for-sale (b)— — (56)(56)
Goodwill at September 30, 2025
$20 $27 $143 $190 
(a)Includes $143 million of goodwill associated with Ally Invest at both September 30, 2025, and December 31, 2024, and $361 million of goodwill associated with Ally Credit Card at December 31, 2024.
(b)We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
During the year ended December 31, 2024, we recognized a $118 million goodwill impairment charge when we began exploring strategic alternatives for Ally Credit Card, which resulted in a triggering event for goodwill impairment. As a result, we performed a quantitative impairment test using a combination of valuation methodologies, including an income approach and a market approach, to determine the fair market value of Ally Credit Card as of the valuation date, November 30, 2024, which resulted in the impairment charge in the fourth quarter of 2024.
During the nine months ended September 30, 2025, we recognized a $305 million goodwill impairment charge at Corporate and Other related to the transfer of Ally Credit Card to held-for-sale on the Condensed Consolidated Balance Sheet. Subsequent to the impairment charge, the goodwill balance of $56 million was transferred to assets of operations held-for-sale on the Condensed Consolidated Balance Sheet. We closed the sale of Ally Credit Card on April 1, 2025. For additional information, refer to Note 2.
The net carrying value of intangible assets by class was as follows.
September 30, 2025December 31, 2024
($ in millions)Gross intangible assetsAccumulated amortizationNet carrying valueGross intangible assetsAccumulated amortizationNet carrying value
Technology$39 $(39)$— $117 $(77)$40 
Customer lists41 (41)— 41 (41)— 
Purchased credit card relationships— — — 25 (11)14 
Trademarks— — — 2 (2)— 
Total intangible assets$80 $(80)$— $185 $(131)$54 
v3.25.3
Deposit Liabilities
 9 Months Ended
Sep. 30, 2025
Deposits [Abstract]  
Deposit Liabilities Deposit Liabilities
Deposit liabilities consisted of the following.
($ in millions)September 30, 2025December 31, 2024
Noninterest-bearing deposits$174 $131 
Interest-bearing deposits
Savings, money market, and spending accounts107,445 104,201 
Certificates of deposit40,791 47,242 
Total deposit liabilities$148,410 $151,574 
At September 30, 2025, and December 31, 2024, certificates of deposit included $6.1 billion and $6.8 billion, respectively, of those in denominations in excess of $250 thousand.
v3.25.3
Debt
 9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Debt Debt
Short-Term Borrowings
The following table presents the composition of our short-term borrowings portfolio.
September 30, 2025December 31, 2024
($ in millions)
Unsecured
Secured (a)
Total
Unsecured
Secured (a)
Total
Federal Home Loan Bank
$— $3,350 $3,350 $— $1,625 $1,625 
Securities sold under agreements to repurchase
— 529 529 — — — 
Total short-term borrowings$— $3,879 $3,879 $— $1,625 $1,625 
(a)Refer to the section below titled Long-Term Debt for further details on assets restricted as collateral for payment of the related debt.
We periodically enter into term repurchase agreements—short-term borrowing agreements in which we sell securities to one or more investors while simultaneously committing to repurchase them at a specified future date, at the stated price plus accrued interest. As of September 30, 2025, the securities sold under agreements to repurchase consisted of $529 million in U.S. Treasury securities, of which $429 million are set to mature within 30 days, and $100 million are set to mature within 31 to 60 days.
The primary risk associated with these repurchase agreements is that the counterparty will be unable to perform under the terms of the contract. As the borrower, we are exposed to the excess market value of the securities pledged over the amount borrowed. Daily mark-to-market collateral management is designed to limit this risk to the initial margin. However, should a counterparty declare bankruptcy or become insolvent, we may incur additional delays and costs. In some instances, we may place or receive cash collateral with counterparties under collateral arrangements associated with our repurchase agreements. As of September 30, 2025, we did not place or receive cash collateral related to repurchase agreements.
Long-Term Debt
The following table presents the composition of our long-term debt portfolio.
September 30, 2025December 31, 2024
($ in millions)UnsecuredSecuredTotalUnsecuredSecuredTotal
Long-term debt (a)
Due within one year$1,088 $2,418 $3,506 $2,408 $2,411 $4,819 
Due after one year9,994 3,249 13,243 8,654 4,022 12,676 
Total long-term debt (b)$11,082 $5,667 $16,749 $11,062 $6,433 $17,495 
(a)Includes basis adjustments related to the application of hedge accounting. Refer to Note 19 for additional information.
(b)Includes advances from the FHLB of Pittsburgh of $7.1 billion and $4.2 billion at September 30, 2025, and December 31, 2024, respectively.
The following table presents the scheduled remaining maturity of long-term debt at September 30, 2025, assuming no early redemptions will occur. The amounts below include adjustments to the carrying value resulting from the application of hedge accounting. The actual payment of secured debt may vary based on the payment activity of the related pledged assets.
($ in millions)202520262027202820292030 and thereafter
Total
Unsecured
Long-term debt
$1,096 $80 $1,614 $896 $1,778 $6,326 $11,790 
Original issue discount
(19)(82)(94)(107)(123)(283)(708)
Total unsecured
1,077 (2)1,520 789 1,655 6,043 11,082 
Secured
Long-term debt
689 2,246 1,633 954 97 48 5,667 
Total long-term debt
$1,766 $2,244 $3,153 $1,743 $1,752 $6,091 $16,749 
The following table summarizes assets restricted as collateral for the payment of the related debt obligation.
($ in millions)September 30, 2025December 31, 2024
Consumer automotive finance receivables$36,396 $38,316 
Consumer mortgage finance receivables16,288 17,269 
Commercial finance receivables7,034 6,297 
Investment securities (amortized cost of $3,136 and $2,822) (a)
3,326 2,946 
Other assets (b)980 669 
Total assets restricted as collateral (c) (d)$64,024 $65,497 
Secured debt (e)$9,546 $8,058 
(a)A portion of the restricted investment securities at September 30, 2025, was restricted under repurchase agreements. Refer to the section above titled Short-Term Borrowings for information on the repurchase agreements.
(b)Includes the collateral accounts restricted for the payment of credit-linked notes recorded within restricted cash and cash equivalents. Excludes restricted cash and cash reserves for securitization trusts. Refer to Note 11 and Note 18 for additional information.
(c)All restricted assets are those of Ally Bank.
(d)Ally Bank has an advance agreement with the FHLB, and had assets pledged to secure borrowings that were restricted as collateral to the FHLB totaling $26.1 billion and $26.5 billion at September 30, 2025, and December 31, 2024, respectively. These assets were primarily composed of consumer mortgage finance receivables and loans as well as mortgage-backed securities. Ally Bank has access to the FRB Discount Window and had assets pledged and restricted as collateral to the FRB totaling $33.7 billion and $33.8 billion at September 30, 2025, and December 31, 2024, respectively. These assets were composed of consumer automotive finance receivables and loans. Availability under these programs is only for the operations of Ally Bank and cannot be used to fund the operations or liabilities of Ally or its other subsidiaries.
(e)Includes $3.9 billion and $1.6 billion of short-term borrowings at September 30, 2025, and December 31, 2024, respectively.
v3.25.3
Accrued Expenses and Other Liabilities
 9 Months Ended
Sep. 30, 2025
Accounts Payable and Accrued Liabilities [Abstract]  
Accrued Expenses and Other Liabilities Accrued Expenses and Other Liabilities
The components of accrued expenses and other liabilities were as follows.
($ in millions)
September 30, 2025December 31, 2024
Unfunded commitments for proportional amortization investments (a)$856 $1,019 
Accounts payable562 505 
Employee compensation and benefits377 424 
Reserves for insurance losses and loss adjustment expenses (b)231 189 
Deferred revenue144 122 
Operating lease liabilities106 111 
Other liabilities535 444 
Total accrued expenses and other liabilities (c)$2,811 $2,814 
(a)Primarily relates to unfunded commitments for investments in qualified affordable housing projects.
(b)Refer to Note 5 for further information.
(c)We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
v3.25.3
Preferred Stock
 9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Preferred Stock Preferred Stock
The following table summarizes information about our preferred stock. For additional information regarding our preferred stock, refer to Note 17 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K.
September 30, 2025December 31, 2024
Series B preferred stock (a)
Issuance dateApril 22, 2021April 22, 2021
Carrying value ($ in millions)
$1,335$1,335
Par value (per share)
$0.01$0.01
Liquidation preference (per share)
$1,000$1,000
Number of shares authorized1,350,0001,350,000
Number of shares issued and outstanding1,350,0001,350,000
Dividend/coupon
Prior to May 15, 20264.700%4.700%
On and after May 15, 2026
Five Year Treasury + 3.868%
Five Year Treasury + 3.868%
Series C preferred stock (a)
Issuance dateJune 2, 2021June 2, 2021
Carrying value ($ in millions)
$989$989
Par value (per share)
$0.01$0.01
Liquidation preference (per share)
$1,000$1,000
Number of shares authorized1,000,0001,000,000
Number of shares issued and outstanding1,000,0001,000,000
Dividend/coupon
Prior to May 15, 20284.700%4.700%
On and after May 15, 2028
Seven Year Treasury + 3.481%
Seven Year Treasury + 3.481%
(a)We may, at our option, redeem the Series B and Series C shares on any dividend payment date on or after May 15, 2026, or May 15, 2028, respectively, or at any time within 90 days following a regulatory event that precludes the instruments from being included in additional Tier 1 capital.
v3.25.3
Accumulated Other Comprehensive Loss
 9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss
The following tables present changes, net of tax, in each component of accumulated other comprehensive loss.
Three months ended September 30,
Investment securities
($ in millions)
Available-
for-sale securities (a)		Held-to-maturity securitiesTranslation adjustments and net investment hedges (b)Cash flow hedges (b)Accumulated other comprehensive loss
Balance at July 1, 2024$(3,353)$(650)$20 $(26)$(4,009)
Net change588 18 1 9 616 
Balance at September 30, 2024$(2,765)$(632)$21 $(17)$(3,393)
Balance at July 1, 2025$(2,647)$(584)$22 $(10)$(3,219)
Net change253 17 — 5 275 
Balance at September 30, 2025$(2,394)$(567)$22 $(5)$(2,944)
(a)Represents the after-tax difference between the fair value and amortized cost of our available-for-sale securities portfolio. Refer to Note 7 for additional information.
(b)For additional information on derivative instruments and hedging activities, refer to Note 19.
Nine months ended September 30,
Investment securities
($ in millions)
Available-
for-sale securities (a)		Held-to-maturity securitiesTranslation adjustments and net investment hedges (b)Cash flow hedges (b)Accumulated other comprehensive loss
Balance at January 1, 2024$(3,146)$(682)$21 $(9)$(3,816)
Net change381 50 — (8)423 
Balance at September 30, 2024$(2,765)$(632)$21 $(17)$(3,393)
Balance at January 1, 2025$(3,307)$(616)$20 $(21)$(3,924)
Net change913 49 2 16 980 
Balance at September 30, 2025$(2,394)$(567)$22 $(5)$(2,944)
(a)Represents the after-tax difference between the fair value and amortized cost of our available-for-sale securities portfolio. Refer to Note 7 for additional information.
(b)For additional information on derivative instruments and hedging activities, refer to Note 19.
The following tables present the before- and after-tax changes in each component of accumulated other comprehensive loss.
Three months ended September 30, 2025 ($ in millions)
Before taxTax effectAfter tax
Investment securities
Available-for-sale securities
Net unrealized gains arising during the period$334 $(80)$254 
Less: Net realized gains reclassified to income from continuing operations1 (a)—(b)1
Net change333 (80)253 
Held-to-maturity securities
Less: Amortization of amounts previously recorded upon transfer from available-for-sale(22)(c)5 (b)(17)
Translation adjustments
Net unrealized losses arising during the period(5)1 (4)
Net investment hedges (d)
Net unrealized gains arising during the period5 (1)4
Cash flow hedges (d)
Net unrealized losses arising during the period(1)— (1)
Less: Net realized losses reclassified to income from continuing operations(8)(e)2(b)(6)
Net change7 (2)5 
Other comprehensive income$362 $(87)$275 
(a)Includes gains reclassified to other gain (loss) on investments, net in our Condensed Consolidated Statement of Comprehensive Income.
(b)Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income.
(c)Includes amounts reclassified to interest and dividends on investment securities and other earning assets in our Condensed Consolidated Statement of Comprehensive Income.
(d)For additional information on derivative instruments and hedging activities, refer to Note 19.
(e)Includes losses reclassified to interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income.
Three months ended September 30, 2024 ($ in millions)
Before taxTax effectAfter tax
Investment securities
Available-for-sale securities
Net unrealized gains arising during the period$772 $(183)$589 
Less: Net realized gains reclassified to income from continuing operations1(a)— (b)1 
Net change771(183)588
Held-to-maturity securities
Less: Amortization of amounts previously recorded upon transfer from available-for-sale (c)(23)(d)5(b)(18)
Translation adjustments
Net unrealized gains arising during the period2— 2 
Net investment hedges (e)
Net unrealized losses arising during the period(1)— (1)
Cash flow hedges (e)
Net unrealized gains arising during the period8(2)6 
Less: Net realized losses reclassified to income from continuing operations(4)(f)1 (b)(3)
Net change12 (3)9 
Other comprehensive income$807 $(191)$616 
(a)Includes gains reclassified to other gain (loss) on investments, net in our Condensed Consolidated Statement of Comprehensive Income.
(b)Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income.
(c)For additional information on the securities transferred from available-for-sale to held-to-maturity, refer to Note 7.
(d)Includes amounts reclassified to interest and dividends on investment securities and other earning assets in our Condensed Consolidated Statement of Comprehensive Income.
(e)For additional information on derivative instruments and hedging activities, refer to Note 19.
(f)Includes losses reclassified to interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income.
Nine months ended September 30, 2025 ($ in millions)
Before taxTax effectAfter tax
Investment securities
Available-for-sale securities
Net unrealized gains arising during the period$706 $(168)$538 
Less: Net realized losses reclassified to income from continuing operations(492)(a)117 (b)(375)
Net change1,198 (285)913 
Held-to-maturity securities
Less: Amortization of amounts previously recorded upon transfer from available-for-sale(64)(c)15 (b)(49)
Translation adjustments
Net unrealized gains arising during the period7 (2)5 
Net investment hedges (d)
Net unrealized losses arising during the period(4)1 (3)
Cash flow hedges (d)
Net unrealized losses arising during the period(2)— (2)
Less: Net realized losses reclassified to income from continuing operations(23)(e)5 (b)(18)
Net change21 (5)16 
Other comprehensive income$1,286 $(306)$980 
(a)Includes losses reclassified to other gain (loss) on investments, net in our Condensed Consolidated Statement of Comprehensive Income related to the balance sheet repositioning of our available-for-sale securities portfolio. Refer to Note 7 for additional information.
(b)Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income.
(c)Includes amounts reclassified to interest and dividends on investment securities and other earning assets in our Condensed Consolidated Statement of Comprehensive Income.
(d)For additional information on derivative instruments and hedging activities, refer to Note 19.
(e)Includes losses reclassified to interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income.
Nine months ended September 30, 2024 ($ in millions)
Before taxTax effectAfter tax
Investment securities
Available-for-sale securities
Net unrealized gains arising during the period$502 $(119)$383 
Less: Net realized gains reclassified to income from continuing operations2(a)— (b)2
Net change500 (119)381 
Held-to-maturity securities
Less: Amortization of amounts previously recorded upon transfer from available-for-sale (c)(65)(d)15 (b)(50)
Translation adjustments
Net unrealized losses arising during the period(5)1 (4)
Net investment hedges (e)
Net unrealized gains arising during the period5 (1)4 
Cash flow hedges (e)
Net unrealized losses arising during the period(17)4 (13)
Less: Net realized losses reclassified to income from continuing operations(7)(f)2 (b)(5)
Net change(10)2 (8)
Other comprehensive income$555 $(132)$423 
(a)Includes gains reclassified to other gain (loss) on investments, net in our Condensed Consolidated Statement of Comprehensive Income.
(b)Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income.
(c)For additional information on the securities transferred from available-for-sale to held-to-maturity, refer to Note 7.
(d)Includes amounts reclassified to interest and dividends on investment securities and other earning assets in our Condensed Consolidated Statement of Comprehensive Income.
(e)For additional information on derivative instruments and hedging activities, refer to Note 19.
(f)Includes losses reclassified to interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income.
v3.25.3
Earnings per Common Share
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Earnings per Common Share Earnings per Common Share
The following table presents the calculation of basic and diluted earnings per common share.
Three months ended September 30,Nine months ended September 30,
($ in millions, except per share data; shares in thousands) (a)
2025202420252024
Net income from continuing operations$398 $198 $525 $560 
Preferred stock dividends — Series B(16)(16)(48)(48)
Preferred stock dividends — Series C(11)(11)(35)(35)
Net income from continuing operations attributable to common shareholders$371 $171 $442 $477 
Net income attributable to common shareholders$371 $171 $442 $477 
Basic weighted-average common shares outstanding (b)310,342 307,312 309,753 306,699 
Diluted weighted-average common shares outstanding (b)313,823 311,044 312,633 309,786 
Basic earnings per common share
Net income from continuing operations$1.19 $0.55 $1.43 $1.56 
Net income$1.19 $0.55 $1.43 $1.56 
Diluted earnings per common share
Net income from continuing operations$1.18 $0.55 $1.41 $1.54 
Net income$1.18 $0.55 $1.41 $1.54 
(a)Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated based on unrounded numbers.
(b)Includes shares related to share-based compensation that vested but were not yet issued.
v3.25.3
Regulatory Capital and Other Regulatory Matters
 9 Months Ended
Sep. 30, 2025
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]  
Regulatory Capital and Other Regulatory Matters Regulatory Capital and Other Regulatory Matters
Ally is subject to enhanced prudential standards that have been established by the FRB under the Dodd-Frank Act, as amended by the EGRRCP Act and as applied to Category IV firms under the Tailoring Rules. Refer to the discussion below, however, about rules proposed by the U.S. banking agencies in 2023 that would significantly alter the Tailoring Rules. Currently, as a Category IV firm, Ally is (1) subject to supervisory stress testing on a two-year cycle, (2) required to submit an annual capital plan to the FRB, (3) exempted from company-run capital stress testing requirements, (4) required to maintain a buffer of unencumbered highly liquid assets to meet projected net stressed cash outflows over a 30-day planning horizon, (5) exempted from the requirements of the LCR and the net stable funding ratio (provided that our average wSTWF continues to remain under $50 billion), and (6) exempted from the requirements of the supplementary leverage ratio, the countercyclical capital buffer, and single-counterparty credit limits. Even so, we are subject to rules enabling the FRB to conduct supervisory stress testing on a more or less frequent basis based on our financial condition, size, complexity, risk profile, scope of operations, or activities or based on risks to the U.S. economy. Further, we are subject to rules requiring the resubmission of our capital plan if we determine that there has been or will be a material change in our risk profile, financial condition, or corporate structure since we last submitted the capital plan or if the FRB determines that (a) our capital plan is incomplete or our capital plan or internal capital adequacy process contains material weaknesses, (b) there has been, or will likely be, a material change in our risk profile (including a material change in our business strategy or any risk exposure), financial condition, or corporate structure, or (c) the BHC stress scenario(s) are not appropriate for our business model and portfolios, or changes in the financial markets or the macroeconomic outlook that could have a material impact on our risk profile and financial condition require the use of updated scenarios. While a resubmission is pending, without prior approval of the FRB, we would generally be prohibited from paying dividends, repurchasing our common stock, or making other capital distributions. In addition, to satisfy the FRB in its review of our capital plan, we may be required to further cease or limit these capital distributions or to issue capital instruments that could be dilutive to shareholders. The FRB also may prevent us from maintaining or expanding lending or other business activities.
Basel Capital Framework
The FRB and other U.S. banking agencies have adopted risk-based and leverage capital rules that establish minimum capital-to-asset ratios for BHCs, like Ally, and depository institutions, like Ally Bank.
The risk-based capital ratios are based on a banking organization’s RWAs, which are generally determined under the standardized approach applicable to Ally and Ally Bank by (1) assigning on-balance-sheet exposures to broad risk-weight categories according to the counterparty or, if relevant, the guarantor or collateral (with higher risk weights assigned to categories of exposures perceived as representing greater risk), and (2) multiplying off-balance-sheet exposures by specified credit conversion factors to calculate credit equivalent amounts and assigning those credit equivalent amounts to the relevant risk-weight categories. The leverage ratio, in contrast, is based on an institution’s average unweighted on-balance-sheet exposures.
Under U.S. Basel III, Ally and Ally Bank must maintain a minimum Common Equity Tier 1 risk-based capital ratio of 4.5%, a minimum Tier 1 risk-based capital ratio of 6%, and a minimum total risk-based capital ratio of 8%. On top of the minimum risk-based capital ratios, Ally and Ally Bank are subject to a capital conservation buffer requirement, which must be satisfied entirely with capital that qualifies as Common Equity Tier 1 capital. Failure to maintain more than the full amount of the capital conservation buffer requirement would result in
automatic restrictions on the ability of Ally and Ally Bank to make capital distributions, including dividend payments and stock repurchases and redemptions, and to pay discretionary bonuses to executive officers. U.S. Basel III also subjects Ally and Ally Bank to a minimum Tier 1 leverage ratio of 4%. While the capital conservation buffer requirement for Ally Bank is fixed at 2.5% of RWAs, the capital conservation buffer requirement for a Category IV firm, like Ally, is equal to its stress capital buffer requirement. The stress capital buffer requirement for Ally, in turn, is the greater of 2.5% and the result of the following calculation: (1) the difference between Ally’s starting and minimum projected Common Equity Tier 1 capital ratios under the severely adverse scenario in the supervisory stress test, plus (2) the sum of the dollar amount of Ally’s planned common stock dividends for each of the fourth through seventh quarters of its nine-quarter capital planning horizon, as a percentage of RWAs. As of September 30, 2025, the stress capital buffer requirement for Ally was 2.6%. Refer to the discussion below regarding a rule proposed by the FRB that would make certain changes to the methodology for determining the stress capital buffer requirement.
Ally and Ally Bank are currently subject to the U.S. Basel III standardized approach for credit risk but not to the U.S. Basel III advanced approaches for credit risk or operational risk. Ally is also not currently subject to the U.S. market-risk capital rule, which applies only to banking organizations with significant trading assets and liabilities. Since Ally and Ally Bank are currently not subject to the advanced approaches risk-based capital rules, we elected to apply a one-time option to exclude most components of accumulated other comprehensive income and loss from regulatory capital. As of September 30, 2025, and December 31, 2024, Ally had $3.0 billion and $3.9 billion, respectively, of accumulated other comprehensive loss, net of applicable income taxes, that was excluded from Common Equity Tier 1 capital. Refer to the discussion below about rules proposed by the U.S. banking agencies in 2023 that would require us to recognize all components of accumulated other comprehensive income and loss in regulatory capital, except gains and losses on cash-flow hedges where the hedged items are not recognized on our balance sheet at fair value. Refer also to Note 16 for additional details about our accumulated other comprehensive loss.
Failure to satisfy regulatory-capital requirements could result in significant sanctions—such as bars or other limits on capital distributions and discretionary bonuses to executive officers, limitations on acquisitions and new activities, restrictions on our acceptance of brokered deposits, a loss of our status as an FHC, or informal or formal enforcement and other supervisory actions—and could have a significant adverse effect on the Consolidated Financial Statements or the business, results of operations, financial condition, or prospects of Ally and Ally Bank.
The risk-based capital ratios and the Tier 1 leverage ratio play a central role in PCA, which is an enforcement framework used by the U.S. banking agencies to constrain the activities of depository institutions based on their levels of regulatory capital. Five categories have been established using thresholds for the Common Equity Tier 1 risk-based capital ratio, the Tier 1 risk-based capital ratio, the total risk-based capital ratio, and the Tier 1 leverage ratio: well capitalized, adequately capitalized, undercapitalized, significantly undercapitalized, and critically undercapitalized. FDICIA generally prohibits a depository institution from making any capital distribution, including any payment of a cash dividend or a management fee to its BHC, if the depository institution would become undercapitalized after the distribution. An undercapitalized institution is also subject to growth limitations and must submit and fulfill a capital restoration plan. Although BHCs are not subject to the PCA framework, the FRB is empowered to compel a BHC to take measures—such as the execution of financial or performance guarantees—when PCA is required in connection with one of its depository-institution subsidiaries. At both September 30, 2025, and December 31, 2024, Ally Bank met the capital ratios required to be well capitalized under the PCA framework.
Under FDICIA and the PCA framework, insured depository institutions such as Ally Bank must be well capitalized or, with a waiver from the FDIC, adequately capitalized in order to accept brokered deposits, and even adequately capitalized institutions are subject to some restrictions on the rates they may offer for brokered deposits. Our brokered deposits totaled $5.0 billion at September 30, 2025, which represented 3.4% of total deposit liabilities.
The following table summarizes our capital ratios under U.S. Basel III.
September 30, 2025
December 31, 2024
Required minimum (a)Well-capitalized minimum
($ in millions)AmountRatioAmountRatio
Capital ratios
Common Equity Tier 1 (to risk-weighted assets)
Ally Financial Inc.$15,184 10.07 %$15,058 9.82 %4.50 %(b)
Ally Bank17,773 12.62 17,229 11.94 4.50 6.50 %
Tier 1 (to risk-weighted assets)
Ally Financial Inc.$17,440 11.57 %$17,324 11.30 %6.00 %6.00 %
Ally Bank17,773 12.62 17,229 11.94 6.00 8.00 
Total (to risk-weighted assets)
Ally Financial Inc.$20,259 13.44 %$20,182 13.16 %8.00 %10.00 %
Ally Bank19,555 13.88 19,052 13.21 8.00 10.00 
Tier 1 leverage (to adjusted quarterly average assets) (c)
Ally Financial Inc.$17,440 9.18 %$17,324 8.92 %4.00 %(b)
Ally Bank17,773 9.95 17,229 9.40 4.00 5.00 %
(a)In addition to the minimum risk-based capital requirements for the Common Equity Tier 1 capital, Tier 1 capital, and total capital ratios, Ally was required to maintain a minimum capital conservation buffer of 2.6% at both September 30, 2025, and December 31, 2024, and Ally Bank was required to maintain a minimum capital conservation buffer of 2.5% at both September 30, 2025, and December 31, 2024.
(b)Currently, there is no ratio component for determining whether a BHC is “well-capitalized.”
(c)Federal regulatory reporting guidelines require the calculation of adjusted quarterly average assets using a daily average methodology.
On January 1, 2020, we adopted CECL. Refer to Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K for additional information about our allowance for loan losses accounting policy. Under a rule finalized by the FRB and other U.S. banking agencies in 2020, we delayed recognizing the estimated impact of CECL on regulatory capital until after a two-year deferral period, which for us extended through December 31, 2021. Beginning on January 1, 2022, we were required to phase in 25% of the previously deferred estimated capital impact of CECL, with an additional 25% phased in at the beginning of each subsequent year until fully phased in by the first quarter of 2025. The estimated impact of CECL on regulatory capital that we deferred and began phasing in on January 1, 2022, was generally calculated as the entire day-one impact at adoption plus 25% of the subsequent change in allowance during the two-year deferral period. As of January 1, 2025, the estimated impact of CECL on regulatory capital was fully phased in.
In July 2023, the U.S. banking agencies issued a proposed rule to customize and implement revisions to the global Basel III capital framework that were approved by the Basel Committee in December 2017. The proposal would replace the current “advanced approaches” with a new expanded risk-based approach based on new standardized approaches for credit risk, operational risk and credit valuation adjustment risk, and would significantly revise risk-based capital requirements for all banking institutions with assets of $100 billion or more, including Ally and Ally Bank. Significantly, the proposed rule requires the recognition in regulatory capital of most elements of accumulated other comprehensive income and loss and the application of deductions, limitations, and criteria for specified capital investments, minority interests, and TLAC holdings. Under the proposed rule, a three-year transition period would apply to the recognition of accumulated other comprehensive income and loss in regulatory capital and the use of the expanded risk-based approach. The phase-in of accumulated other comprehensive income and loss is expected to significantly affect our levels of regulatory capital. While we believe that this would be manageable, we also anticipate that our levels of regulatory capital would need to be gradually increased in advance of and during the proposed transition period. A final rule related to the July 2023 proposed rule has not been issued, and the FRB has indicated that it expects to work with the other U.S. banking agencies on a revised proposal.
In August 2023, the U.S. banking agencies issued a proposed rule to improve the resolvability of Category IV firms, like Ally. The proposed rule would require Category II, III, and IV firms, their large consolidated banks, and other institutions to issue and maintain minimum amounts of eligible long-term debt in an amount that is the greater of (i) 6 percent of total RWAs, (ii) 3.5 percent of average total consolidated assets, and (iii) 2.5 percent of total leverage exposure. CIDIs, like Ally Bank, that are consolidated subsidiaries of covered entities, like Ally, would be required to issue eligible long-term debt internally to a company that consolidates the CIDI, which would in turn be required to purchase that long-term debt. Only long-term debt instruments that are most readily able to absorb losses in a resolution proceeding would qualify, and the operations of covered entities would be subject to clean-holding-company requirements such as prohibitions and limitations on their liabilities to unaffiliated entities. Under the proposed rule, a transition period would apply with 25, 50, and 100 percent of the long-term-debt requirements coming into effect by the end of the first, second, and third years, respectively, after finalization of the rule. We are still assessing the impact of this proposed rule but, due to the current structure and amount of debt instruments issued by Ally and Ally Bank, we expect it to significantly affect us.
In April 2025, the FRB issued a proposed rule that would modify certain aspects of its supervisory stress tests. Under the proposed rule, the stress capital buffer requirement for Category I–III firms subject to the capital plan rule would be calculated using a methodology that averages results from each of the prior two consecutive annual supervisory stress tests. For Category IV firms subject to the capital plan rule, like Ally, the stress capital buffer requirement would be determined under this two-year averaging methodology only if they choose or are otherwise required to be subject to consecutive supervisory stress tests. According to the FRB, this change is intended to reduce the volatility of a firm’s regulatory capital requirement inherent in the current approach of using the results from only the most recent supervisory stress test. Additionally, to provide firms additional time to adjust to their new regulatory capital requirements, the proposal would delay the annual effective date of a firm’s updated stress capital buffer requirement from October 1 to January 1 of the following year. The proposed rule would be effective beginning with the stress capital buffer requirement from the 2025 supervisory stress test, which would average the stress capital decline components from the 2024 and 2025 supervisory stress tests for applicable firms. The FRB also indicated its intent to propose additional changes later in 2025 to improve the transparency of its supervisory stress tests, including disclosure for public comment on its underlying models and hypothetical scenarios for 2026 supervisory stress tests.
Whether and when final rules related to these proposals may be adopted and take effect, as well as what changes to the proposed rules may be reflected in any such final rules, remain unclear.
Capital Planning and Stress Tests
Under the Tailoring Rules, we are generally subject to supervisory stress testing on a two-year cycle and exempted from mandated company-run capital stress testing requirements. We are also required to submit an annual capital plan to the FRB. Our annual capital plan must include an assessment of our expected uses and sources of capital and a description of all planned capital actions over a nine-quarter planning horizon, including any issuance of a debt or equity capital instrument, any dividend or other capital distribution, and any similar action that the FRB determines could have an impact on our capital. The plan must also include a detailed description of our process for assessing capital adequacy, including a discussion of how we, under expected and stressful conditions, will maintain capital commensurate with our risks and above the minimum regulatory capital ratios, will serve as a source of strength to Ally Bank, and will maintain sufficient capital to continue our operations by maintaining ready access to funding, meeting our obligations to creditors and other counterparties, and continuing to serve as a credit intermediary.
The Tailoring Rules align capital planning, supervisory stress testing, and stress capital buffer requirements for large banking organizations, like Ally. As a Category IV firm, Ally is expected to have the ability to elect to participate in the supervisory stress test—and receive a correspondingly updated stress capital buffer requirement—in a year in which Ally would not generally be subject to the supervisory stress test. Refer to the section titled Basel Capital Framework above for further discussion about our stress capital buffer requirements. During a year in which Ally does not undergo a supervisory stress test, we would receive an updated stress capital buffer requirement only to reflect our updated planned common-stock dividends. Ally did not elect to participate in the 2023 or 2025 supervisory stress tests, but was subject to the 2024 supervisory stress test.
We received an updated preliminary stress capital buffer requirement based on our 2023 capital plan submission from the FRB in June 2023 that remained unchanged at 2.5%. The 2.5% stress capital buffer requirement was finalized in July 2023 and became effective in October 2023. We submitted our 2024 capital plan to the FRB in April 2024, and received an updated preliminary stress capital buffer requirement from the FRB in June 2024 of 2.6%. The updated 2.6% stress capital buffer requirement was finalized in August 2024, and became effective in October 2024. We submitted our 2025 capital plan to the FRB in April 2025, and received in June 2025 an updated preliminary stress capital buffer requirement that remained unchanged at 2.6%. The 2.6% stress capital buffer requirement was finalized in August 2025, and became effective in October 2025.
In February 2023 and December 2024, we accessed the unsecured debt capital markets each time issuing $500 million of additional subordinated notes, which qualify as Tier 2 capital for Ally under U.S. Basel III. In June 2024, November 2024, and August 2025, we accessed the debt capital markets and issued $330 million, $440 million, and $550 million, respectively, of credit-linked notes based on reference portfolios of $3.0 billion, $4.0 billion, and $5.0 billion of consumer automotive loans. The proceeds from these credit-linked notes issuances constitute prefunded credit protection for mezzanine tranches of the respective reference portfolio and are recognized as restricted cash and cash equivalents in other assets on our Condensed Consolidated Balance Sheet. These transactions are structured to enable us to apply the securitization framework under U.S. Basel III when determining RWA for our retained exposure, which recognizes the credit risk mitigation benefits and generally provides lower risk weights relative to those assigned to consumer automotive loans that are not securitized.
Our ability to make capital distributions, including our ability to pay dividends or repurchase shares of our common stock, will continue to be subject to the FRB’s review and our internal governance requirements, including approval by our Board. The amount and size of any future dividends and share repurchases also will be subject to various factors, including Ally’s capital and liquidity positions, accounting and regulatory considerations (including any restrictions that may be imposed by the FRB and any changes to capital, liquidity, and other regulatory requirements that may be proposed or adopted by the U.S. banking agencies), the taxation of share repurchases, financial and operational performance, alternative uses of capital, common-stock price, and general market conditions, and may be extended, modified, or discontinued at any time.
The following table presents information related to our common stock and distributions to our common shareholders.
Common stock repurchased during period (a) (b)Number of common shares outstandingCash dividends declared per common share (c)
($ in millions, except per share data; shares in thousands)Approximate dollar valueNumber of sharesBeginning of periodEnd of period
2024
First quarter$29 781 302,459 303,978 $0.30 
Second quarter1 13 303,978 304,656 0.30 
Third quarter1 27 304,656 304,715 0.30 
Fourth quarter7 167 304,715 305,388 0.30 
2025
First quarter$34 877 305,388 307,152 $0.30 
Second quarter1 27 307,152 307,787 0.30 
Third quarter1 25 307,787 307,828 0.30 
(a)Includes shares of common stock withheld to cover income taxes owed by participants in our share-based incentive plans.
(b)Since the commencement of our initial stock-repurchase program in the third quarter of 2016, we have reduced the number of outstanding shares of our common stock by 36%, from 484 million as of June 30, 2016, to 308 million as of September 30, 2025. Except for repurchases made of shares withheld to cover income taxes owed by participants in our share-based incentive plans, we did not make any common-stock repurchases in 2024 or the first nine months of 2025, and at this time, the Board has not authorized a stock-repurchase program for 2025.
(c)On October 7, 2025, our Board declared a quarterly cash dividend of $0.30 per share on all common stock payable on November 14, 2025, to shareholders of record at the close of business on October 31, 2025.
v3.25.3
Derivative Instruments and Hedging Activities
 9 Months Ended
Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Instruments and Hedging Activities Derivative Instruments and Hedging Activities
We enter into derivative instruments, which may include interest rate swaps, foreign-currency forwards, equity options, and interest rate options, in connection with our risk-management activities. Our primary objective for using derivative financial instruments is to manage interest rate risk associated with our fixed-rate and variable-rate assets and liabilities, foreign exchange risks related to our net investments in foreign subsidiaries, as well as foreign-currency denominated assets and liabilities, and other market risks related to our investment portfolio.
Interest Rate Risk
We monitor our mix of fixed-rate and variable-rate assets and liabilities and may enter into interest rate swaps, forwards, and options to achieve a more desired mix of fixed-rate and variable-rate assets and liabilities. We execute these trades to modify our exposure to interest rate risk by converting certain fixed-rate instruments to a variable-rate and certain variable-rate instruments to a fixed-rate. We use a mix of both derivatives that qualify for hedge accounting treatment and economic hedges that do not qualify for hedge accounting treatment.
Derivatives qualifying for hedge accounting treatment can include receive-fixed swaps designated as fair value hedges of specific fixed-rate unsecured debt obligations, receive-fixed swaps designated as fair value hedges of specific fixed-rate FHLB advances, pay-fixed swaps designated as fair value hedges of securities within our available-for-sale portfolio, and pay-fixed swaps designated as fair value hedges of fixed-rate held-for-investment consumer automotive loan assets. Other derivatives qualifying for hedge accounting consist of interest rate floor contracts designated as cash flow hedges of the expected future cash flows in the form of interest receipts on a portion of our dealer floorplan commercial loans.
We have the ability to execute economic hedges, which could consist of interest rate swaps, interest rate caps, forwards, and options to mitigate interest rate risk.
We also entered into interest rate lock commitments and forward commitments that were executed as part of our mortgage business that met the accounting definition of a derivative.
Foreign Exchange Risk
We enter into derivative financial instrument contracts to mitigate the risk associated with variability in cash flows related to our various foreign-currency exposures.
We enter into foreign-currency forwards with external counterparties as net investment hedges of foreign exchange exposure on our investment in foreign subsidiaries. Our equity is impacted by the cumulative translation adjustments resulting from the translation of foreign subsidiary results; this impact is reflected in our accumulated other comprehensive income and loss. We also periodically enter into foreign-currency forwards to economically hedge any foreign-denominated debt, centralized lending, and foreign-denominated third-party loans. These foreign-currency forwards used as economic hedges are recorded at fair value with changes recorded as income or expense offsetting the gains and losses on the associated foreign-currency transactions.
Investment Risk
We enter into equity options to mitigate the risk associated with our exposure to the equity markets.
Credit Risk
We enter into various retail automotive-loan purchase agreements with certain counterparties. As part of those agreements, we may be required to pay the counterparty at agreed upon measurement dates and determinable amounts if actual credit performance of the acquired loans on the measurement date is better than what was estimated at the time of acquisition. Based upon these terms, these contracts meet the accounting definition of a derivative.
We enter into arrangements with certain counterparties through which we issue credit-linked notes covering a specified pool of loans. These notes contain an embedded derivative (referred to as credit-linked note derivatives), which provides us credit protection against the risk of loss when a specified credit event occurs on the reference pool.
Counterparty Credit Risk
Derivative financial instruments contain an element of credit risk if counterparties are unable to meet the terms of the agreements. Credit risk associated with derivative financial instruments is measured as the net replacement cost should the counterparties that owe us under the contract completely fail to perform under the terms of those contracts, with adjustments to reflect the exchange of collateral for margined transactions.
We manage our risk to financial counterparties through internal credit analysis, limits, and monitoring. Additionally, derivatives and repurchase agreements are entered into with approved counterparties using industry standard agreements.
We execute certain OTC derivatives, such as interest rate caps and floors, using bilateral agreements with financial counterparties. Bilateral agreements generally require both parties to post collateral in the event the fair values of the derivative financial instruments meet posting thresholds established under the agreements. If either party defaults on the obligation, the secured party may seize the collateral. Payments related to the exchange of collateral for OTC derivatives are recognized as collateral.
We also execute certain derivatives, such as interest rate swaps, with clearinghouses, which require us to post and receive collateral. For these clearinghouse derivatives, these payments are recognized as settlements rather than collateral.
Certain derivative instruments contain provisions that require us to either post additional collateral or immediately settle any outstanding liability balances upon the occurrence of a specified credit-risk-related event. No such specified credit-risk-related events occurred during the nine months ended September 30, 2025, or September 30, 2024.
We placed noncash collateral with counterparties totaling $377 million, supporting our derivative positions at September 30, 2025, compared to $414 million at December 31, 2024. These amounts include noncash collateral placed at clearinghouses and exclude cash and noncash collateral pledged under repurchase agreements. The receivables for cash collateral placed are included on our Condensed Consolidated Balance Sheet in other assets. We granted our counterparties the right to sell or pledge the noncash collateral.
We received cash collateral from counterparties totaling $4 million and $11 million at September 30, 2025, and December 31, 2024, respectively. These amounts exclude cash and noncash collateral pledged under repurchase agreements. The payables for cash collateral received are included on our Condensed Consolidated Balance Sheet in accrued expenses and other liabilities.
Balance Sheet Presentation
The following table summarizes the amounts of derivative instruments reported on our Condensed Consolidated Balance Sheet. The amounts are presented on a gross basis, are segregated by derivatives that are designated and qualifying as hedging instruments or those that are not, and are further segregated by type of contract within those two categories.
Derivative contracts in a receivable and payable position exclude open trade equity on derivatives cleared through central clearing counterparties. Any associated margin exchanged with our central clearing counterparties are treated as settlements of the derivative exposure, rather than collateral. Such payments are recognized as settlements of the derivatives contracts in a receivable and payable position on our Condensed Consolidated Balance Sheet.
Notional amounts are reference amounts from which contractual obligations are derived and are not recorded on the balance sheet. In our view, derivative notional is not an accurate measure of our derivative exposure when viewed in isolation from other factors, such as market rate fluctuations and counterparty credit risk.
September 30, 2025December 31, 2024
Derivative contracts in a
Notional amount
Derivative contracts in a
Notional amount
($ in millions)
receivable position
payable position
receivable position
payable position
Derivatives designated as accounting hedges
Interest rate contracts
Swaps
$— $— $27,257 $— $— $33,300 
Purchased options
— — 6,150 2 — 6,150 
Foreign exchange contracts
Forwards
4 — 191 8 — 170 
Total derivatives designated as accounting hedges
4 — 33,598 10 — 39,620 
Derivatives not designated as accounting hedges
Interest rate contracts
Forwards— — — — — 109 
Written options
— — — 1 — 63 
Total interest rate risk
— — — 1 — 172 
Foreign exchange contracts
Forwards— — 35 1 — 47 
Total foreign exchange risk— — 35 1 — 47 
Credit contracts
Credit-linked note derivatives— — 980 — — 669 
Other credit derivatives (a)— — n/a— 4 n/a
Total credit risk— — 980 — 4 669 
Total derivatives not designated as accounting hedges
— — 1,015 2 4 888 
Total derivatives
$4 $— $34,613 $12 $4 $40,508 
n/a = not applicable
(a)The maximum potential amount of undiscounted future payments that could be required under these credit derivatives was $10 million as of December 31, 2024.
The following table presents amounts recorded on our Condensed Consolidated Balance Sheet related to cumulative basis adjustments for fair value hedges.

Carrying amount of the hedged itemsCumulative amount of fair value hedging adjustment included in the carrying amount of the hedged items
TotalDiscontinued (a)
($ in millions)
September 30, 2025December 31, 2024September 30, 2025December 31, 2024September 30, 2025December 31, 2024
Assets
Available-for-sale securities (b)$15,418 $15,194 $19 $(248)$(91)$(132)
Finance receivables and loans, net (c)31,980 34,493 — (51)2 (10)
Liabilities
Long-term debt$4,411 $5,987 $81 $88 $81 $88 
(a)Represents the fair value hedging adjustment on qualifying hedges for which the hedging relationship was discontinued. This represents a subset of the amounts reported in the total hedging adjustment.
(b)These amounts include the amortized cost basis and unallocated basis adjustments of closed portfolios of available-for-sale securities used to designate hedging relationships in which the hedged item is the stated amount of assets in the closed portfolios anticipated to be outstanding for the designated hedge period. At both September 30, 2025, and December 31, 2024, the amortized cost basis and unallocated basis adjustments of the closed portfolios used in these hedging relationships was $13.9 billion, of which $13.6 billion, represents the amortized cost basis and unallocated basis adjustments of closed portfolios designated in an active hedge relationship. At September 30, 2025, and December 31, 2024, the total cumulative basis adjustments associated with these hedging relationships was a $2 million asset and a $209 million liability, respectively, of which the portion related to discontinued hedging relationships was a $91 million liability and a $103 million liability, respectively. At September 30, 2025, and December 31, 2024, the notional amounts of the designated hedged items were $11.5 billion and $12.0 billion, respectively, with cumulative basis adjustments of a $93 million asset and a $106 million liability, respectively, which would be allocated across the entire remaining closed pool upon dedesignation of the hedge relationship. Refer to Note 7 for a reconciliation of the amortized cost basis and fair value of available-for-sale securities.
(c)These amounts include the carrying value of closed portfolios of loan receivables used to designate hedging relationships in which the hedged item is the stated amount of assets in the closed portfolios anticipated to be outstanding for the designated hedge period. At September 30, 2025, and December 31, 2024, the carrying value of the closed portfolios used in these hedging relationships was $32.0 billion and $34.5 billion, respectively, of which $24.8 billion and $33.4 billion, respectively, represents the carrying value of closed portfolios designated in an active hedge relationship. At December 31, 2024, the total cumulative basis adjustments associated with these hedging relationships was a $51 million liability. At September 30, 2025, and December 31, 2024, the cumulative basis adjustments associated with discontinued hedging relationships was a $2 million asset and a $10 million liability, respectively. At September 30, 2025, and December 31, 2024, the notional amounts of the designated hedged items were $14.3 billion and $20.1 billion, respectively, with cumulative basis adjustments of a $2 million liability and a $41 million liability, respectively, which would be allocated across the entire remaining closed pool upon dedesignation of the hedge relationship.
Statement of Income Presentation
The following table summarizes the location and amounts of gains and losses on derivative instruments not designated as accounting hedges reported in our Condensed Consolidated Statement of Comprehensive Income.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Gain (loss) recognized in earnings
Interest rate contracts
Gain on mortgage and automotive loans, net$— $6 $1 $16 
Total interest rate contracts— 6 1 16 
Foreign exchange contracts
Other operating expenses1 (1)(1)1 
Total foreign exchange contracts
1 (1)(1)1 
Credit contracts
Other income, net of losses— 1 — 1 
Total credit contracts— 1 — 1 
Equity contracts
Other income, net of losses
— 1 — 3 
Total equity contracts— 1 — 3 
Total gain recognized in earnings$1 $7 $— $21 
The following tables summarize the location and amounts of gains and losses on derivative instruments designated as qualifying fair value and cash flow hedges reported in our Condensed Consolidated Statement of Comprehensive Income.
Interest and fees on finance receivables and loansInterest and dividends on investment securities and other earning assetsInterest on long-term debt
Three months ended September 30, ($ in millions)
202520242025202420252024
Gain (loss) on fair value hedging relationships
Interest rate contracts 
Hedged available-for-sale securities$— $— $10 $327 $— $— 
Derivatives designated as hedging instruments on available-for-sale securities— — (10)(327)— — 
Hedged fixed-rate consumer automotive loans7 190 — — — — 
Derivatives designated as hedging instruments on fixed-rate consumer automotive loans(7)(190)— — — — 
Total gain on fair value hedging relationships— — — — — — 
Loss on cash flow hedging relationships
Interest rate contracts
Hedged variable-rate commercial loans
Reclassified from accumulated other comprehensive loss into income(8)(4)— — — — 
Total loss on cash flow hedging relationships$(8)$(4)$— $— $— $— 
Total amounts presented in the Condensed Consolidated Statement of Comprehensive Income$2,674 $2,889 $250 $262 $265 $256 
Interest and fees on finance receivables and loansInterest and dividends on investment securities and other earning assetsInterest on long-term debt
Nine months ended September 30, ($ in millions)
202520242025202420252024
Gain (loss) on fair value hedging relationships
Interest rate contracts 
Hedged available-for-sale securities$— $— $224 $94 $— $— 
Derivatives designated as hedging instruments on available-for-sale securities— — (224)(94)— — 
Hedged fixed-rate consumer automotive loans48 107 — — — — 
Derivatives designated as hedging instruments on fixed-rate consumer automotive loans(48)(107)— — — — 
Total gain on fair value hedging relationships— — — — — — 
Loss on cash flow hedging relationships
Interest rate contracts
Hedged variable-rate commercial loans
Reclassified from accumulated other comprehensive loss into income(23)(7)— — — — 
Total loss on cash flow hedging relationships$(23)$(7)$— $— $— $— 
Total amounts presented in the Condensed Consolidated Statement of Comprehensive Income
$8,007 $8,561 $728 $793 $794 $748 
During the next 12 months, we estimate $18 million of losses will be reclassified into pretax earnings from derivatives designated as cash flow hedges.
The following tables summarize the location and amounts of gains and losses related to interest and amortization on derivative instruments designated as qualifying fair value and cash flow hedges reported in our Condensed Consolidated Statement of Comprehensive Income.
Interest and fees on finance receivables and loansInterest and dividends on investment securities and other earning assetsInterest on long-term debt
Three months ended September 30, ($ in millions)
202520242025202420252024
Gain on fair value hedging relationships
Interest rate contracts
Amortization of deferred unsecured debt basis adjustments$— $— $— $— $2 $2 
Amortization of deferred secured debt basis adjustments (FHLB advances)— — — — — 1 
Amortization of deferred basis adjustments of available-for-sale securities— — 4 6 — — 
Interest for qualifying accounting hedges of available-for-sale securities— — 17 50 — — 
Amortization of deferred loan basis adjustments(1)3 — — — — 
Interest for qualifying accounting hedges of consumer automotive loans held for investment17 59 — — — — 
Total gain on fair value hedging relationships$16 $62 $21 $56 $2 $3 
Interest and fees on finance receivables and loansInterest and dividends on investment securities and other earning assetsInterest on long-term debt
Nine months ended September 30, ($ in millions)
202520242025202420252024
Gain on fair value hedging relationships
Interest rate contracts
Amortization of deferred unsecured debt basis adjustments$— $— $— $— $7 $7 
Amortization of deferred secured debt basis adjustments (FHLB advances)— — — — — 2 
Amortization of deferred basis adjustments of available-for-sale securities— — 13 17 — — 
Interest for qualifying accounting hedges of available-for-sale securities— — 49 147 — — 
Amortization of deferred loan basis adjustments3 12 — — — — 
Interest for qualifying accounting hedges of consumer automotive loans held for investment51 206 — — — — 
Total gain on fair value hedging relationships$54 $218 $62 $164 $7 $9 
The following table summarizes the effect of cash flow hedges on accumulated other comprehensive loss.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Interest rate contracts
Gain (loss) recognized in other comprehensive income$7 $12 $21 $(10)
The following table summarizes the effect of net investment hedges on accumulated other comprehensive loss.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Foreign exchange contracts (a) (b)
Gain (loss) recognized in other comprehensive income$5 $(1)$(4)$5 
(a)There were no amounts excluded from effectiveness testing for the three months and nine months ended September 30, 2025, or 2024.
(b)Gains and losses reclassified from accumulated other comprehensive loss are reported as other income, net of losses, in the Condensed Consolidated Statement of Comprehensive Income. There were no amounts reclassified for the three months and nine months ended September 30, 2025, or 2024.
v3.25.3
Income Taxes
 9 Months Ended
Sep. 30, 2025
Income Tax Disclosure [Abstract]  
Income Taxes Income Taxes
We recognized total income tax expense from continuing operations of $115 million and $140 million for the three months and nine months ended September 30, 2025, respectively, compared to $67 million and $167 million for the same periods in 2024. The increase in income tax expense for the three months ended September 30, 2025, compared to the same period in 2024, was primarily due to the tax effects of an increase in pretax earnings during the three months ended September 30, 2025. The decrease in income tax expense for the nine months ended September 30, 2025, compared to the same period in 2024, was primarily due to the tax effects of a decrease in pre-tax earnings during the nine months ended September 30, 2025.
As of each reporting date, we consider existing evidence, both positive and negative, that could impact our view with regard to future realization of deferred tax assets. We continue to believe it is more likely than not that the benefit for certain foreign tax credit carryforwards and state net operating loss carryforwards will not be realized. In recognition of this risk, we continue to provide a partial valuation allowance on the deferred tax assets relating to these carryforwards and it is reasonably possible that the valuation allowance may change in the next 12 months.
v3.25.3
Fair Value
 9 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Fair Value Fair Value
Fair Value Measurements
For purposes of this disclosure, fair value is defined as the exchange price that would be received to sell an asset or paid to transfer a liability (exit price) in the principal or most advantageous market in an orderly transaction between market participants at the measurement date under current market conditions. Fair value is based on the assumptions we believe market participants would use when pricing an asset or liability. Additionally, entities are required to consider all aspects of nonperformance risk, including the entity’s own credit standing, when measuring the fair value of a liability.
U.S. GAAP specifies a three-level hierarchy that is used when measuring and disclosing fair value. The fair value hierarchy gives the highest priority to quoted prices available in active markets (i.e., observable inputs) and the lowest priority to data lacking transparency (i.e., unobservable inputs). An instrument’s categorization within the fair value hierarchy is based on the lowest level of significant input to its valuation. The following is a description of the three hierarchy levels.
Level 1    Inputs are quoted prices in active markets for identical assets or liabilities at the measurement date. Additionally, the entity must have the ability to access the active market, and the quoted prices cannot be adjusted by the entity.
Level 2    Inputs are other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices in active markets for similar assets or liabilities; quoted prices in inactive markets for identical or similar assets or liabilities; or inputs that are observable or can be corroborated by observable market data by correlation or other means for substantially the full term of the assets or liabilities.
Level 3    Unobservable inputs are supported by little or no market activity. The unobservable inputs represent management’s best assumptions of how market participants would price the assets or liabilities. Generally, Level 3 assets and liabilities are valued using pricing models, discounted cash flow methodologies, or similar techniques that require significant judgment or estimation.
Judgment is used in estimating inputs to our internal valuation models used to estimate our Level 3 fair value measurements. Level 3 inputs such as interest rate movements, prepayment speeds, credit losses, and discount rates are inherently difficult to estimate. Changes to these inputs can have a significant effect on fair value measurements and amounts that could be realized.
The following are descriptions of the valuation methodologies used to measure material assets and liabilities at fair value and details of the valuation models, key inputs to those models, and significant assumptions utilized.
•Equity securities — We hold various marketable equity securities measured at fair value with changes in fair value recognized in net income. Measurements based on observable market prices are classified as Level 1.
•Available-for-sale securities — We carry our available-for-sale securities at fair value based on external pricing sources. We classify our securities as Level 1 when fair value is determined using quoted prices available for the same instruments trading in
active markets. We classify our securities as Level 2 when fair value is determined using prices for similar instruments trading in active markets. We perform pricing validation procedures for our available-for-sale securities.
•Derivative instruments — We enter into a variety of derivative financial instruments as part of our risk-management strategies. Certain of these derivatives are exchange traded, such as equity options. To determine the fair value of these instruments, we utilize the quoted market prices for those particular derivative contracts; therefore, we classified these contracts as Level 1.
We also execute OTC and centrally cleared derivative contracts, such as interest rate swaps, foreign-currency denominated forward contracts, caps, floors, and agency to-be-announced securities. We utilize third-party-developed valuation models that are widely accepted in the market to value these derivative contracts. The specific terms of the contract and market observable inputs (such as interest rate forward curves, interpolated volatility assumptions, or equity pricing) are used in the model. We classified these derivative contracts as Level 2 because all significant inputs into these models were market observable.
We also entered into interest rate lock commitments and forward commitments that were executed as part of our mortgage operations, certain of which met the accounting definition of a derivative and therefore were recorded as derivatives on our Condensed Consolidated Balance Sheet. Interest rate lock commitments were valued with unobservable inputs, so they are classified as Level 3. Certain forward commitments are Level 2 and others are Level 3 depending on the valuation model inputs.
We purchase automotive finance receivables and loans from third parties as part of forward flow arrangements and, from time-to-time, execute opportunistic ad-hoc bulk purchases. As part of those agreements, we may be required to pay the counterparty at agreed upon measurement dates and determinable amounts if actual credit performance of the acquired loans on the measurement date is better than what was estimated at the time of acquisition. Because these contracts meet the accounting definition of a derivative, we recognize a liability at fair value for these deferred purchase price payments. The fair value of these liabilities is determined using a discounted cash flow method. To estimate cash flows, we utilize various significant assumptions, including market observable inputs (for example, forward interest rates) and internally developed inputs (for example, prepayment speeds, delinquency levels, and expected credit losses). These liabilities are valued using internal loss models with unobservable inputs, and are classified as Level 3.
We are required to consider all aspects of nonperformance risk, including our own credit standing, when measuring fair value of derivative assets and liabilities. We reduce credit risk on the majority of our derivatives by entering into legally enforceable agreements that enable the posting and receiving of collateral associated with the fair value of our derivative positions on an ongoing basis. In the event that we do not enter into legally enforceable agreements that enable the posting and receiving of collateral, we will consider our credit risk in the valuation of derivative liabilities through a DVA and the credit risk of our counterparties in the valuation of derivative assets through a CVA, if warranted. When measuring these valuation adjustments, we generally use credit default swap spreads.
Recurring Fair Value
The following tables display the assets and liabilities measured at fair value on a recurring basis including financial instruments elected for the fair value option. We often economically hedge the fair value change of our assets or liabilities with derivatives. The tables below display the hedges separately from the hedged items; therefore, they do not directly display the impact of our risk-management activities.
Recurring fair value measurements
September 30, 2025 ($ in millions)
Level 1Level 2Level 3Total
Assets
Investment securities
Equity securities (a) (b)$810 $— $— $810 
Available-for-sale securities
Debt securities
U.S. Treasury and federal agencies
2,194 — — 2,194 
U.S. States and political subdivisions
— 519 35 554 
Foreign government35 169 — 204 
Agency mortgage-backed residential
— 12,822 — 12,822 
Mortgage-backed residential
— 200 — 200 
Agency mortgage-backed commercial— 4,782 — 4,782 
Asset-backed— 25 — 25 
Corporate debt
— 1,903 — 1,903 
Total available-for-sale securities2,229 20,420 35 22,684 
Other assets
Derivative contracts in a receivable position
Foreign currency— 4 — 4 
Total derivative contracts in a receivable position— 4 — 4 
Total assets$3,039 $20,424 $35 $23,498 
(a)Our direct investment in any one industry did not exceed 14%. The concentration calculation excludes our investment in mutual funds and ETFs.
(b)Excludes $55 million of equity securities that are measured at fair value using the net asset value practical expedient and therefore are not classified in the fair value hierarchy.
Recurring fair value measurements
December 31, 2024 ($ in millions)
Level 1Level 2Level 3Total
Assets
Investment securities
Equity securities (a) (b)$820 $— $— $820 
Available-for-sale securities
Debt securities
U.S. Treasury and federal agencies
1,873 — — 1,873 
U.S. States and political subdivisions
— 582 35 617 
Foreign government36 158 — 194 
Agency mortgage-backed residential
— 13,653 — 13,653 
Mortgage-backed residential
— 206 — 206 
Agency mortgage-backed commercial— 3,984 — 3,984 
Asset-backed— 129 — 129 
Corporate debt
— 1,754 — 1,754 
Total available-for-sale securities1,909 20,466 35 22,410 
Loans held-for-sale (c)— 11 5 16 
Other assets
Derivative contracts in a receivable position
Interest rate— 2 1 3 
Foreign currency— 9 — 9 
Total derivative contracts in a receivable position— 11 1 12 
Total assets$2,729 $20,488 $41 $23,258 
Liabilities
Accrued expenses and other liabilities
Derivative contracts in a payable position
Credit$— $— $4 $4 
Total derivative contracts in a payable position
— — 4 4 
Total liabilities$— $— $4 $4 
(a)Our direct investment in any one industry did not exceed 14%. The concentration calculation excludes our investment in mutual funds and ETFs.
(b)Excludes $51 million of equity securities that are measured at fair value using the net asset value practical expedient and therefore are not classified in the fair value hierarchy.
(c)Consumer mortgage loans carried at fair value due to fair value option elections.
The following tables present the reconciliation for all Level 3 assets and liabilities measured at fair value on a recurring basis. We often economically hedge the fair value change of our assets or liabilities with derivatives and other financial instruments. The Level 3 items presented below may be hedged by derivatives and other financial instruments that are classified as Level 1 or Level 2. Thus, the following tables do not fully reflect the impact of our risk-management activities.
Equity securitiesAvailable-for-sale securitiesLoans
held-for-sale (a)
($ in millions)202520242025202420252024
Assets
Fair value at July 1,$— $— $35 $11 $— $2 
Net realized/unrealized gains
Included in earnings— — — — — — 
Included in OCI— — — — — — 
Purchases and originations (b)— — — 27 — 16 
Sales— — — — — (11)
Issuances— — — — — — 
Settlements— — — — — — 
Transfers into Level 3— — — — — — 
Transfers out of Level 3— — — — — — 
Fair value at September 30,
$— $— $35 $38 $— $7 
Net unrealized gains still held at September 30,
Included in earnings$— $— $— $— $— $— 
Included in OCI— — — — — — 
(a)Consumer mortgage loans carried at fair value due to fair value option elections.
(b)Includes a $27 million reclassification of a commercial and industrial exposure to an available-for-sale debt security during the three months ended September 30, 2024.
Derivative liabilities, net of derivative assets (a)
($ in millions)20252024
Liabilities
Fair value at July 1,$4 $3 
Net realized/unrealized gains
Included in earnings— (5)
Included in OCI— — 
Purchases and originations— — 
Sales— — 
Issuances— — 
Settlements(4)— 
Transfers into Level 3— — 
Transfers out of Level 3 (b)— 5 
Fair value at September 30,
$— $3 
Net unrealized gains still held at September 30,
Included in earnings$— $(2)
Included in OCI— — 
(a)Net realized/unrealized gains are reported as (loss) gain on mortgage and automotive loans, net, and other income, net of losses, in the Condensed Consolidated Statement of Comprehensive Income.
(b)Represents the settlement value of interest rate derivative assets that are transferred to loans held-for-sale within Level 2 of the fair value hierarchy during the three months ended September 30, 2024. These transfers are deemed to have occurred at the end of the reporting period.
Equity securitiesAvailable-for-sale securitiesLoans
held-for-sale (a)
($ in millions)202520242025202420252024
Assets
Fair value at January 1,$— $1 $35 $9 $5 $— 
Net realized/unrealized gains
Included in earnings— — — — — — 
Included in OCI— — — — — — 
Purchases and originations (b)— — — 29 9 18 
Sales— — — — (14)(11)
Issuances— — — — — — 
Settlements— — — — — — 
Transfers into Level 3— — — — — — 
Transfers out of Level 3— (1)— — — — 
Fair value at September 30,
$— $— $35 $38 $— $7 
Net unrealized gains still held at September 30,
Included in earnings$— $— $— $— $— $— 
Included in OCI— — — — — — 
(a)Consumer mortgage loans carried at fair value due to fair value option elections.
(b)Includes a $27 million reclassification of a commercial and industrial exposure to an available-for-sale debt security during the nine months ended September 30, 2024.
Derivative liabilities, net of derivative assets (a)
($ in millions)20252024
Liabilities
Fair value at January 1,$3 $8 
Net realized/unrealized gains
Included in earnings(1)(14)
Included in OCI— — 
Purchases and originations— — 
Sales— — 
Issuances— — 
Settlements(4)(5)
Transfers into Level 3— — 
Transfers out of Level 3 (b)2 14 
Fair value at September 30,
$— $3 
Net unrealized gains still held at September 30,
Included in earnings$— $(7)
Included in OCI— — 
(a)Net realized/unrealized gains are reported as (loss) gain on mortgage and automotive loans, net, and other income, net of losses, in the Condensed Consolidated Statement of Comprehensive Income.
(b)Represents the settlement value of interest rate derivative assets that are transferred to loans held-for-sale within Level 2 of the fair value hierarchy during both the nine months ended September 30, 2025, and September 30, 2024. These transfers are deemed to have occurred at the end of the reporting period.
Nonrecurring Fair Value
We may be required to measure certain assets and liabilities at fair value from time to time. These periodic fair value measures typically result from the application of lower-of-cost or fair value accounting or certain impairment measures. These items would constitute nonrecurring fair value measures.
The following tables display assets and liabilities measured at fair value on a nonrecurring basis and still held at September 30, 2025, and December 31, 2024, respectively. The amounts are generally as of the end of each period presented, which approximate the fair value measurements that occurred during each period.
Nonrecurring fair value measurements
Lower-of-cost-or-fair-value reserve, valuation reserve, or cumulative adjustments
Total gain (loss) included in earnings
September 30, 2025 ($ in millions)
Level 1
Level 2
Level 3
Total
Assets
Loans held-for-sale, net$— $— $179 $179 $— n/m(a)
Commercial finance receivables and loans, net (b)
Automotive
— — 2 2 — n/m(a)
Other
— — 25 25 (95)n/m(a)
Total commercial finance receivables and loans, net
— — 27 27 (95)n/m(a)
Other assets
Repossessed and foreclosed assets (c)— — 7 7 (2)n/m(a)
Total assets
$— $— $213 $213 $(97)n/m
n/m = not meaningful
(a)We consider the applicable valuation allowance, allowance for loan losses, or cumulative adjustments to be the most relevant indicator of the impact on earnings caused by the fair value measurement. Accordingly, the table above excludes total gains and losses included in earnings for these items. The carrying values are inclusive of the respective valuation reserve, loan loss allowance, or cumulative adjustment.
(b)Represents collateral-dependent loans held for investment for which a nonrecurring measurement was made. The related allowance for loan losses represents the cumulative fair value adjustments for those specific receivables.
(c)The allowance provided for repossessed and foreclosed assets represents any cumulative valuation adjustment recognized to adjust the assets to fair value.
Nonrecurring fair value measurementsLower-of-cost-or-fair-value reserve, valuation reserve, or cumulative adjustmentsTotal gain (loss) included in earnings
December 31, 2024 ($ in millions)
Level 1Level 2Level 3Total
Assets
Loans held-for-sale, net$— $— $143 $143 $— n/m(a)
Commercial finance receivables and loans, net (b)
Automotive— — 13 13 (2)n/m(a)
Other— — 26 26 (63)n/m(a)
Total commercial finance receivables and loans, net— — 39 39 (65)n/m(a)
Other assets
Goodwill (c)— — 362 362 (118)n/m(a)
Repossessed and foreclosed assets (d)— — 8 8 (1)n/m(a)
Total assets$— $— $552 $552 $(184)n/m
n/m = not meaningful
(a)We consider the applicable valuation allowance, allowance for loan losses, or cumulative adjustments to be the most relevant indicator of the impact on earnings caused by the fair value measurement. Accordingly, the table above excludes total gains and losses included in earnings for these items. The carrying values are inclusive of the respective valuation reserve, loan loss allowance, or cumulative adjustment.
(b)Represents collateral-dependent loans held for investment for which a nonrecurring measurement was made. The related allowance for loan losses represents the cumulative fair value adjustments for those specific receivables.
(c)As of December 31, 2024, we recognized a $118 million impairment of goodwill at Ally Credit Card. Refer to Note 11 for further discussion.
(d)The allowance provided for repossessed and foreclosed assets represents any cumulative valuation adjustment recognized to adjust the assets to fair value.
Fair Value Option for Financial Assets
We elected the fair value option for an insignificant amount of conforming mortgage loans held-for-sale and certain non-conforming jumbo mortgage loans held-for-sale to mitigate earnings volatility by better matching the accounting for the assets with the related derivatives. Our intent in electing fair value measurement was to mitigate a divergence between accounting gains or losses and economic exposure for certain assets and liabilities.
Fair Value of Financial Instruments
The following table presents the carrying and estimated fair value of financial instruments, except for those recorded at fair value on a recurring basis presented in the previous section of this note titled Recurring Fair Value. When possible, we use quoted market prices to determine fair value. Where quoted market prices are not available, the fair value is internally derived based on appropriate valuation methodologies with respect to the amount and timing of future cash flows and estimated discount rates. However, considerable judgment is required in interpreting current market data to develop the market assumptions and inputs necessary to estimate fair value. As such, the actual amount received to sell an asset or the amount paid to settle a liability could differ from our estimates. Fair value information presented herein was based on information available at September 30, 2025, and December 31, 2024.
Estimated fair value
($ in millions)
Carrying value
Level 1
Level 2
Level 3
Total
September 30, 2025
Financial assets
Held-to-maturity securities
$4,433 $— $4,493 $— $4,493 
Loans held-for-sale, net
179 — — 179 179 
Finance receivables and loans, net
131,107 — — 134,472 134,472 
FHLB/FRB stock (a)
752 — 752 — 752 
Financial liabilities
Deposit liabilities
$40,791 $— $— $40,947 $40,947 
Short-term borrowings
3,879 — — 3,880 3,880 
Long-term debt
16,749 — 13,134 4,884 18,018 
December 31, 2024
Financial assets
Held-to-maturity securities$4,346 $— $4,293 $— $4,293 
Loans held-for-sale, net144 — — 144 144 
Finance receivables and loans, net132,316 — — 134,603 134,603 
FHLB/FRB stock (a)698 — 698 — 698 
Financial liabilities
Deposit liabilities$47,242 $— $— $47,403 $47,403 
Short-term borrowings1,625 — — 1,625 1,625 
Long-term debt17,495 — 13,535 4,982 18,517 
(a)Included in other assets on our Condensed Consolidated Balance Sheet.
In addition to the financial instruments presented in the above table, we have various financial instruments for which the carrying value approximates the fair value due to their short-term nature and limited credit risk. These instruments include cash and cash equivalents, restricted cash, cash collateral, accrued interest receivable, accrued interest payable, trade receivables and payables, and other short-term receivables and payables. Included in cash and cash equivalents are highly liquid investments that are readily convertible to known amounts of cash and which are subject to an insignificant risk of change in value due to interest rate, quoted price, or penalty on withdrawal. Classified as Level 1 under the fair value hierarchy, cash and cash equivalents generally expose us to limited credit risk and are so near maturity that they present insignificant risk of changes in value because of changes in interest rates.
v3.25.3
Offsetting Assets and Liabilities
 9 Months Ended
Sep. 30, 2025
Offsetting [Abstract]  
Offsetting Assets and Liabilities Offsetting Assets and Liabilities
Our derivative contracts and repurchase/reverse repurchase transactions are generally supported by qualifying master netting and master repurchase agreements. These agreements are legally enforceable bilateral agreements that (i) create a single legal obligation for all individual transactions covered by the agreement to the nondefaulting entity upon an event of default of the counterparty, including bankruptcy, insolvency, or similar proceeding, and (ii) provide the nondefaulting entity the right to accelerate, terminate, and close-out on a net basis all transactions under the agreement and to liquidate or set off collateral promptly upon an event of default of the counterparty.
To further mitigate the risk of counterparty default related to derivative instruments, we maintain collateral agreements with certain counterparties. The agreements require both parties to maintain collateral in the event the fair values of the derivative financial instruments meet established thresholds. In the event that either party defaults on the obligation, the secured party may seize the collateral. Generally, our collateral arrangements are bilateral such that we and the counterparty post collateral for the obligation. Contractual terms provide for standard and customary exchange of collateral based on changes in the market value of the outstanding derivatives. A party posts additional collateral when their obligation rises or removes collateral when it falls, such that the net replacement cost of the nondefaulting party is covered in the event of counterparty default.
In certain instances, as it relates to our derivative instruments, we have the option to report derivative assets and liabilities as well as assets and liabilities associated with cash collateral received or delivered that is governed by a master netting agreement on a net basis as long as certain qualifying criteria are met. Similarly, for our repurchase/reverse repurchase transactions, we have the option to report recognized assets and liabilities subject to a master netting agreement on a net basis if certain qualifying criteria are met. At September 30, 2025, these instruments are reported as gross assets and gross liabilities on the Condensed Consolidated Balance Sheet. For additional information on derivative instruments and hedging activities, refer to Note 19.
The composition of offsetting derivative instruments, financial assets, and financial liabilities was as follows.
Gross amounts of recognized assets/liabilitiesGross amounts offset on the Condensed Consolidated Balance SheetNet amounts of assets/liabilities presented on the Condensed Consolidated Balance SheetGross amounts not offset on the Condensed Consolidated Balance Sheet
($ in millions)
Financial instruments
Collateral (a) (b) (c)
Net amount
September 30, 2025
Assets
Derivative assets$4 $— $4 $— $(4)$— 
Total assets
$4 $— $4 $— $(4)$— 
Liabilities
Securities sold under agreements to repurchase (d)$529 $— $529 $— $(528)$1 
Total liabilities$529 $— $529 $— $(528)$1 
December 31, 2024
Assets
Derivative assets (e)$12 $— $12 $— $(10)$2 
Total assets
$12 $— $12 $— $(10)$2 
Liabilities
Derivative liabilities (f)$4 $— $4 $— $— $4 
Total liabilities$4 $— $4 $— $— $4 
(a)Financial collateral received or pledged shown as a balance based on the sum of all net asset and liability positions between Ally and each individual derivative counterparty.
(b)Amounts disclosed are limited to the financial asset or liability balance and, accordingly, exclude excess collateral received or pledged and noncash collateral received. We do not record noncash collateral received on our Condensed Consolidated Balance Sheet unless certain conditions are met.
(c)Certain agreements grant us the right to sell or pledge the noncash assets we receive as collateral. We have not sold or pledged any of the noncash collateral received under these agreements.
(d)For additional information on securities sold under agreements to repurchase, refer to Note 13.
(e)Includes derivative assets with no offsetting arrangements of $1 million as of December 31, 2024.
(f)Includes derivative liabilities with no offsetting arrangements of $4 million as of December 31, 2024.
v3.25.3
Segment Information
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
Operating segments are defined as components of an enterprise that engage in business activity from which revenues are earned and expenses incurred for which discrete financial information is available that is evaluated regularly by our CODM in deciding how to allocate resources and in assessing performance. We define our CODM as the CEO. The CODM uses pretax income to evaluate income generated from segment assets, and to assess a segment’s performance by comparing the results, relative to other segments. Additionally, the budgeting and forecasting process monitors budget versus actual results with emphasis on pretax income, which are also used in assessing the performance of a segment.
We report our results of operations on a business-line basis through three operating segments: Automotive Finance operations, Insurance operations, and Corporate Finance operations, with the remaining activity reported in Corporate and Other. The operating segments are
determined based on the products and services offered, and reflect the manner in which financial information is currently evaluated by our CODM and management. The following is a description of each of our reportable operating segments.
Dealer Financial Services
Dealer Financial Services comprises the following two segments.
•Automotive Finance operations — One of the largest full-service automotive finance operations in the United States providing automotive financing services to consumers, automotive dealers and retailers, companies, and municipalities. Our automotive finance services include providing retail installment sales contracts, loans and operating leases, offering term loans to dealers, financing dealer floorplans and other lines of credit to dealers, warehouse lines to automotive retailers, fleet financing, providing financing to companies and municipalities for the purchase or lease of vehicles, and vehicle-remarketing services.
•Insurance operations — A complementary automotive-focused business offering both consumer finance protection and insurance products sold primarily through the automotive dealer channel, and commercial insurance products sold directly to dealers. As part of our focus on offering dealers a broad range of consumer financial and insurance products, we provide VSCs, VMCs, and GAP products. We also underwrite select commercial insurance coverages, which primarily insure dealers’ vehicle inventory.
Corporate Finance operations
Our Corporate Finance operations provide senior secured asset-based and leveraged cash flow loans to mostly U.S.-based middle-market companies, with a focus on businesses owned by private equity sponsors. These loans are typically used for leveraged buyouts, refinancing and recapitalizations, mergers and acquisitions, growth, turnarounds, and debtor-in-possession financings. We also provide, through our Private Credit Finance business, asset managers and other financing sources with partial funding for their direct-lending activities, which is principally leveraged loans. We have a commercial real estate product primarily focused on lending to skilled nursing facilities, senior housing, memory care facilities, and medical office buildings. Additionally, we have an energy vertical that finances large-scale energy and infrastructure projects.
Corporate and Other
Corporate and Other primarily consists of centralized corporate treasury activities, such as management of the cash and corporate investment securities and loan portfolios, short- and long-term debt, retail and brokered deposit liabilities, derivative instruments, original issue discount, and the residual impacts of our corporate FTP and treasury ALM activities. Corporate and Other also includes certain equity investments, which primarily consist of FHLB and FRB stock—as well as other equity investments through Ally Ventures, our strategic investment business, and reclassifications and eliminations between the reportable operating segments. Financial results related to Ally Invest, our digital brokerage and advisory offering, Ally Lending, Ally Credit Card, the management of our consumer mortgage portfolio, and CRA loans and investments are also included within Corporate and Other. We closed the sale of Ally Lending on March 1, 2024. Consumer mortgage originations ceased during the second quarter of 2025, which has and will continue to result in a gradual run-off of our consumer mortgage loan portfolio. Additionally, we closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
We utilize an FTP methodology for the majority of our business operations. The FTP methodology assigns charge rates and credit rates to classes of assets and liabilities on a match funded basis, utilizing a benchmark rate curve plus an assumed credit spread. The assumed credit spread is calculated based on a composite investment grade unsecured yield curve or based on advance rates published by the FHLB for any asset that is eligible to be pledged as collateral to the FHLB. While the baseline FTP components at Ally assume 100% debt funding, the methodology also incorporates a credit on the allocated capital for each business line based on the business line’s allocated cost of funding. For business lines not subject to an FTP funding allocation, the FTP methodology applies a capital charge to the amount of excess equity that the business line holds, relative to its regulatory capital and other adjustments. The net residual impact of the FTP methodology is included within the results of Corporate and Other.
The information presented in our reportable operating segments is based in part on internal allocations and methodologies, including a COH methodology, which involves management judgment. COH methodology is used for measuring the profit and loss of our reportable operating segments. We have various enterprise functions, such as technology, marketing, finance, compliance, internal audit, and risk. Operating expenses from the enterprise functions are either directly allocated to the reportable operating segment, indirectly allocated to the reportable operating segment utilizing the COH methodology, or remain in Corporate and Other. COH methodology considers the reportable operating segment expense base and enterprise function expenses. The reportable operating segment expense base is used to determine the allocation mix. This mix is applied to the allocable expenses in Corporate and Other to determine the COH for the respective reportable operating segment. Allocable enterprise function costs are primarily technology, marketing expenses, and marketing sponsorships. Generally, costs that remain within Corporate and Other that are not allocated to our reportable operating segments include operating costs of deposits, treasury activities, and other corporate activities.
Financial information for our reportable operating segments is summarized as follows.
Three months ended September 30, ($ in millions)
Automotive Finance operationsInsurance operationsCorporate Finance operationsCorporate and OtherConsolidated (a)
2025
Net financing revenue and other interest income
Total financing revenue and other interest income$2,666 $49 $238 $434 $3,387 
Total interest expense1,128 16 127 307 1,578 
Net depreciation expense on operating lease assets225 — — — 225 
Net financing revenue and other interest income1,313 33 111 127 1,584 
Other revenue96 420 25 43 584 
Total net revenue1,409 453 136 170 2,168 
Provision for credit losses410 — 8 (3)415 
Noninterest expense
Compensation and benefits expense172 29 19 227 447 
Insurance losses and loss adjustment expenses— 141 — — 141 
Other operating expenses
Technology and communications expenses31 5 2 70 108 
Other (b)375 199 12 (42)544 
Total other operating expenses406 204 14 28 652 
Total noninterest expense578 374 33 255 1,240 
Income (loss) from continuing operations before income tax expense (benefit)$421 $79 $95 $(82)$513 
Total assets$113,726 $9,848 $11,343 $56,794 $191,711 
2024
Net financing revenue and other interest income
Total financing revenue and other interest income$2,637 $43 $248 $646 $3,574 
Total interest expense1,101 13 139 632 1,885 
Net depreciation expense on operating lease assets169 — — — 169 
Net financing revenue and other interest income1,367 30 109 14 1,520 
Other revenue85 437 37 56 615 
Total net revenue1,452 467 146 70 2,135 
Provision for credit losses579 — 11 55 645 
Noninterest expense
Compensation and benefits expense165 27 17 226 435 
Insurance losses and loss adjustment expenses— 135 — — 135 
Other operating expenses
Technology and communications expenses32 5 1 72 110 
Other (b)321 198 12 14 545 
Total other operating expenses353 203 13 86 655 
Total noninterest expense518 365 30 312 1,225 
Income (loss) from continuing operations before income tax expense (benefit)$355 $102 $105 $(297)$265 
Total assets$113,583 $9,455 $10,398 $59,234 $192,670 
(a)Net financing revenue and other interest income after the provision for credit losses totaled $1.2 billion and $875 million for the three months ended September 30, 2025, and 2024, respectively.
(b)Primarily consists of insurance commissions, advertising and marketing, and property and equipment depreciation expenses. Refer to Note 6 for additional information.
Nine months ended September 30, ($ in millions)
Automotive Finance operationsInsurance operationsCorporate Finance operationsCorporate and OtherConsolidated (a)
2025
Net financing revenue and other interest income
Total financing revenue and other interest income$7,840 $138 $692 $1,435 $10,105 
Total interest expense3,286 45 369 1,146 4,846 
Net depreciation expense on operating lease assets681 — — — 681 
Net financing revenue and other interest income3,873 93 323 289 4,578 
Other revenue290 1,206 73 (356)1,213 
Total net revenue4,163 1,299 396 (67)5,791 
Provision for credit losses1,231 — 20 (261)990 
Noninterest expense
Compensation and benefits expense521 85 63 713 1,382 
Insurance losses and loss adjustment expenses— 505 — — 505 
Goodwill impairment— — — 305 305 
Other operating expenses
Technology and communications expenses90 14 4 204 312 
Other (b)1,053 586 42 (49)1,632 
Total other operating expenses1,143 600 46 155 1,944 
Total noninterest expense1,664 1,190 109 1,173 4,136 
Income (loss) from continuing operations before income tax expense (benefit)$1,268 $109 $267 $(979)$665 
Total assets$113,726 $9,848 $11,343 $56,794 $191,711 
2024
Net financing revenue and other interest income
Total financing revenue and other interest income$7,819 $123 $769 $1,983 $10,694 
Total interest expense3,176 40 428 2,029 5,673 
Net depreciation expense on operating lease assets516 — — — 516 
Net financing revenue and other interest income4,127 83 341 (46)4,505 
Other revenue275 1,159 90 126 1,650 
Total net revenue4,402 1,242 431 80 6,155 
Provision for credit losses1,410 — 13 186 1,609 
Noninterest expense
Compensation and benefits expense503 81 61 751 1,396 
Insurance losses and loss adjustment expenses— 428 — — 428 
Other operating expenses
Technology and communications expenses95 14 4 206 319 
Other (b)975 587 39 75 1,676 
Total other operating expenses1,070 601 43 281 1,995 
Total noninterest expense1,573 1,110 104 1,032 3,819 
Income (loss) from continuing operations before income tax expense (benefit)$1,419 $132 $314 $(1,138)$727 
Total assets$113,583 $9,455 $10,398 $59,234 $192,670 
(a)Net financing revenue and other interest income after the provision for credit losses totaled $3.6 billion and $2.9 billion for the nine months ended September 30, 2025, and 2024, respectively.
(b)Primarily consists of insurance commissions, advertising and marketing, and property and equipment depreciation expenses. Refer to Note 6 for additional information.
v3.25.3
Contingencies and Other Risks
 9 Months Ended
Sep. 30, 2025
Loss Contingency [Abstract]  
Contingencies and Other Risks Contingencies and Other Risks
As a financial-services company, we are regularly involved in pending or threatened legal proceedings and other matters and are or may be subject to potential liability in connection with them. These legal matters may be formal or informal and include litigation and arbitration with one or more identified claimants, certified or purported class actions with yet-to-be-identified claimants, and regulatory or other governmental information-gathering requests, examinations, investigations, and enforcement proceedings. Our legal matters exist in varying stages of adjudication, arbitration, negotiation, or investigation and span our business lines and operations. Claims may be based in law or equity — such as those arising under contracts or in tort and those involving banking, consumer-protection, securities, tax, employment, and other laws — and some can present novel legal theories and allege substantial or indeterminate damages.
Ally and its subsidiaries, including Ally Bank, also are or may be subject to potential liability under other contingent exposures, including indemnification, domestic and foreign taxes, self-insurance, and other miscellaneous contingencies.
We accrue for a legal matter or other contingent exposure when a loss becomes probable and the amount of loss can be reasonably estimated. Accruals are evaluated each quarter and may be adjusted, upward or downward, based on our best judgment after consultation with counsel. No assurance exists that our accruals will not need to be adjusted in the future. When a probable or reasonably possible loss on a legal matter or other contingent exposure could be material to our consolidated financial condition, results of operations, or cash flows, we provide disclosure in this note as prescribed by ASC Topic 450, Contingencies. Refer to Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K for additional information related to our policy for establishing accruals.
The course and outcome of legal matters are inherently unpredictable. This is especially so when a matter is still in its early stages, the damages sought are indeterminate or unsupported, significant facts are unclear or disputed, novel questions of law or other meaningful legal uncertainties exist, a request to certify a proceeding as a class action is outstanding or granted, multiple parties are named, or regulatory or other governmental entities are involved. Other contingent exposures and their ultimate resolution are similarly unpredictable for reasons that can vary based on the circumstances.
As a result, we often are unable to determine how or when threatened or pending legal matters and other contingent exposures will be resolved and what losses may be incrementally and ultimately incurred. Actual losses may be higher or lower than any amounts accrued or estimated for those matters and other exposures, possibly to a significant degree.
Subject to the foregoing, based on our current knowledge and after consultation with counsel, we do not believe that the ultimate outcomes of currently threatened or pending legal matters and other contingent exposures are likely to be material to our consolidated financial condition after taking into account existing accruals. In light of the uncertainties inherent in these matters and other exposures, however, one or more of them could be material to our results of operations or cash flows during a particular reporting period, depending on factors such as the amount of the loss or liability and the level of our income for that period.
v3.25.3
Subsequent Events
 9 Months Ended
Sep. 30, 2025
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
Declaration of Common Dividend
On October 7, 2025, our Board declared a quarterly cash dividend of $0.30 per share on all common stock. The dividend is payable on November 14, 2025, to shareholders of record at the close of business on October 31, 2025.
v3.25.3
Insider Trading Arrangements
 3 Months Ended
Sep. 30, 2025
Trading Arrangements, by Individual  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
v3.25.3
Description of Business, Basis of Presentation, and Changes in Significant Accounting Policies (Policies)
 9 Months Ended
Sep. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Basis of Presentation
Our accounting and reporting policies conform to U.S. GAAP. Additionally, where applicable, the policies conform to the accounting and reporting guidelines prescribed by bank regulatory authorities. Certain reclassifications may have been made to the prior periods’ financial statements and notes to conform to the current period’s presentation, which did not have a material impact on our Condensed Consolidated Financial Statements. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the related disclosure, including those of contingent assets and liabilities at the date of the financial statements. It also includes estimates related to the income and expenses during the reporting period and the related disclosures. In developing the estimates and assumptions, management uses all available evidence; however, actual results could differ because of uncertainties associated with estimating the amounts, timing, and likelihood of possible outcomes. Our most significant estimates pertain to the allowance for loan losses, the valuations of automotive operating lease assets and residuals, the fair value of financial instruments, and the determination of the provision for income taxes.
Income Taxes
Income Taxes
In calculating the provision for interim income taxes, in accordance with ASC 740, Income Taxes, we apply an estimated annual effective tax rate to year-to-date ordinary income. At the end of each interim period, we estimate the effective tax rate expected to be applicable for the full fiscal year. This method differs from that described in Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K, which describes our annual significant income tax accounting policy and related methodology.
Recently Issued Accounting Standards
Recently Issued Accounting Standards
Improvements to Income Tax Disclosures (ASU 2023-09)
In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. The purpose of this guidance is to enhance the rate reconciliation and income taxes paid disclosures. This ASU requires that an entity disclose, on an annual basis, specific categories in the rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold. For the state and local income tax category of the rate reconciliation, entities must disclose a qualitative description of the states and local jurisdictions that make up the majority (greater than 50 percent) of the category. For the income taxes paid disclosures, entities will be required to disclose, on an annual basis, the amount of income taxes paid (net of refunds received) disaggregated by federal, state, and foreign taxes. The amendments are effective on January 1, 2025, for annual reporting and will be included in our 2025 Annual Report on Form 10-K. The amendments must be applied using either a prospective or retrospective approach. Management does not expect the impact of these amendments to be material.
Expense Disaggregation Disclosures (ASU 2024-03)
In November 2024, the FASB issued ASU 2024-03, Income Statement - Reporting Comprehensive Income (Subtopic 220-40): Expense Disaggregation Disclosures. The purpose of this ASU is to provide additional disclosure that will allow investors to better understand an entity’s performance, better assess an entity’s prospects for future cash flows, and more easily compare an entity’s performance over time and in relation to other similar entities. This ASU requires that an entity disclose, on an interim and annual basis, a disaggregation in the notes to the financial statements of certain income statement line items if the line item includes any of the five required expense categories, which are defined as (1) purchases of inventory, (2) employee compensation, (3) depreciation (including amortization of a finance ROU asset and leasehold improvements), (4) intangible asset amortization, and (5) depletion expense. For the “employee compensation” category, banking entities may continue to present compensation expense on the face of the income statement in accordance with Regulation S-X Rule 210.9-04. The disclosure should include a qualitative description of other expenses included within the income statement line item that are otherwise not disaggregated. This ASU also requires entities to disclose their total selling expenses for each reporting period. Selling expenses are not defined within the ASU, which will require entities to determine and disclose how they define selling expenses on an annual basis. The amendments are effective on January 1, 2027, for annual reporting, and for interim reporting thereafter, with early adoption permitted. The amendments must be applied using either a prospective or retrospective approach. Management does not expect the impact of these amendments to be material.
Targeted Improvements to the Accounting for Internal-Use Software (ASU 2025-06)
In September 2025, the FASB issued ASU 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software. The purpose of this ASU is to improve the accounting for internal-use software costs by aligning the accounting with modern software development processes. This ASU removes all references to sequential software development project stages from U.S. GAAP, but does not change the types of costs that may be eligible to be capitalized. Under the updated guidance, entities will be required to begin capitalizing software project costs when (1) management has authorized and committed to funding the software project and (2) it is probable that the project will be completed, and the software will be used to perform the function intended (called the “probable-to-complete” threshold). When evaluating whether the probable-to-complete threshold is met, entities must consider whether there is significant development uncertainty associated with the software, including determining whether the software project contains technological innovations or novel, unique, or unproven functions or features. Entities should also consider if there are significant performance requirements (e.g., functions or features) of the software project that have not yet been identified or continue to be substantially revised. The amendments do not define what is considered “significant” and instead will require management judgment. The amendments are effective January 1, 2028, with early adoption permitted. The amendments can be applied using a prospective approach, a retrospective approach, or a modified approach that bases the adoption of the amendments on the completion status of the software project as of the adoption date. Management is currently evaluating the impact of these amendments.
Fair Value Measurements
The following are descriptions of the valuation methodologies used to measure material assets and liabilities at fair value and details of the valuation models, key inputs to those models, and significant assumptions utilized.
•Equity securities — We hold various marketable equity securities measured at fair value with changes in fair value recognized in net income. Measurements based on observable market prices are classified as Level 1.
•Available-for-sale securities — We carry our available-for-sale securities at fair value based on external pricing sources. We classify our securities as Level 1 when fair value is determined using quoted prices available for the same instruments trading in
active markets. We classify our securities as Level 2 when fair value is determined using prices for similar instruments trading in active markets. We perform pricing validation procedures for our available-for-sale securities.
•Derivative instruments — We enter into a variety of derivative financial instruments as part of our risk-management strategies. Certain of these derivatives are exchange traded, such as equity options. To determine the fair value of these instruments, we utilize the quoted market prices for those particular derivative contracts; therefore, we classified these contracts as Level 1.
We also execute OTC and centrally cleared derivative contracts, such as interest rate swaps, foreign-currency denominated forward contracts, caps, floors, and agency to-be-announced securities. We utilize third-party-developed valuation models that are widely accepted in the market to value these derivative contracts. The specific terms of the contract and market observable inputs (such as interest rate forward curves, interpolated volatility assumptions, or equity pricing) are used in the model. We classified these derivative contracts as Level 2 because all significant inputs into these models were market observable.
We also entered into interest rate lock commitments and forward commitments that were executed as part of our mortgage operations, certain of which met the accounting definition of a derivative and therefore were recorded as derivatives on our Condensed Consolidated Balance Sheet. Interest rate lock commitments were valued with unobservable inputs, so they are classified as Level 3. Certain forward commitments are Level 2 and others are Level 3 depending on the valuation model inputs.
We purchase automotive finance receivables and loans from third parties as part of forward flow arrangements and, from time-to-time, execute opportunistic ad-hoc bulk purchases. As part of those agreements, we may be required to pay the counterparty at agreed upon measurement dates and determinable amounts if actual credit performance of the acquired loans on the measurement date is better than what was estimated at the time of acquisition. Because these contracts meet the accounting definition of a derivative, we recognize a liability at fair value for these deferred purchase price payments. The fair value of these liabilities is determined using a discounted cash flow method. To estimate cash flows, we utilize various significant assumptions, including market observable inputs (for example, forward interest rates) and internally developed inputs (for example, prepayment speeds, delinquency levels, and expected credit losses). These liabilities are valued using internal loss models with unobservable inputs, and are classified as Level 3.
We are required to consider all aspects of nonperformance risk, including our own credit standing, when measuring fair value of derivative assets and liabilities. We reduce credit risk on the majority of our derivatives by entering into legally enforceable agreements that enable the posting and receiving of collateral associated with the fair value of our derivative positions on an ongoing basis. In the event that we do not enter into legally enforceable agreements that enable the posting and receiving of collateral, we will consider our credit risk in the valuation of derivative liabilities through a DVA and the credit risk of our counterparties in the valuation of derivative assets through a CVA, if warranted. When measuring these valuation adjustments, we generally use credit default swap spreads.
v3.25.3
Revenue from Contracts with Customers (Tables)
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following tables present a disaggregated view of our revenue from contracts with customers. For further information regarding our revenue recognition policies and details about the nature of our respective revenue streams, refer to Note 1 and Note 3 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K.
Three months ended September 30, ($ in millions)
Automotive Finance operationsInsurance operationsCorporate Finance operationsCorporate and OtherConsolidated
2025
Revenue from contracts with customers
Noninsurance contracts (a) (b) (c)$— $242 $— $— $242 
Remarketing fee income28 — — — 28 
Brokerage commissions and other revenue— — — 21 21 
Banking fees and interchange income (d)— — — 9 9 
Brokered/agent commissions— 1 — — 1 
Other6 — — 1 7 
Total revenue from contracts with customers
34 243 — 31 308 
All other revenue
62 177 25 12 276 
Total other revenue (e)$96 $420 $25 $43 $584 
2024
Revenue from contracts with customers
Noninsurance contracts (a) (b) (c)$— $246 $— $— $246 
Remarketing fee income28 — — — 28 
Brokerage commissions and other revenue— — — 22 22 
Banking fees and interchange income (d)— — — 12 12 
Brokered/agent commissions— 5 — — 5 
Other5 1 — — 6 
Total revenue from contracts with customers
33 252 — 34 319 
All other revenue52 185 37 22 296 
Total other revenue (e)$85 $437 $37 $56 $615 
(a)We had opening balances of $3.0 billion in unearned revenue associated with outstanding contracts at both July 1, 2025, and 2024, and $239 million and $243 million of these balances were recognized as insurance premiums and service revenue earned in our Condensed Consolidated Statement of Comprehensive Income during the three months ended September 30, 2025, and 2024, respectively.
(b)At September 30, 2025, we had unearned revenue of $3.0 billion associated with outstanding contracts, and with respect to this balance we expect to recognize revenue of $230 million during the remainder of 2025, $816 million in 2026, $677 million in 2027, $522 million in 2028, and $748 million thereafter. At September 30, 2024, we had unearned revenue of $3.0 billion associated with outstanding contracts.
(c)We had deferred insurance assets of $1.8 billion at both July 1, 2025, and September 30, 2025, and recognized $141 million of expense during the three months ended September 30, 2025. We had deferred insurance assets of $1.8 billion at both July 1, 2024, and September 30, 2024, and recognized $141 million of expense during the three months ended September 30, 2024.
(d)Interchange income is reported net of customer rewards related to Ally Credit Card. Customer rewards expense was $7 million for the three months ended September 30, 2024. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
(e)Represents a component of total net revenue. Refer to Note 23 for further information on our reportable operating segments.
Nine months ended September 30, ($ in millions)
Automotive Finance operationsInsurance operationsCorporate Finance operationsCorporate and OtherConsolidated
2025
Revenue from contracts with customers
Noninsurance contracts (a) (b)$— $724 $— $— $724 
Remarketing fee income90 — — — 90 
Brokerage commissions and other revenue— — — 61 61 
Banking fees and interchange income (c)— — — 34 34 
Brokered/agent commissions— 13 — — 13 
Other16 2 — 3 21 
Total revenue from contracts with customers
106 739 — 98 943 
All other revenue
184 467 73 (454)270 
Total other revenue (d)$290 $1,206 $73 $(356)$1,213 
2024
Revenue from contracts with customers
Noninsurance contracts (a) (b)$— $666 $— $— $666 
Remarketing fee income88 — — — 88 
Brokerage commissions and other revenue— — — 67 67 
Banking fees and interchange income (c)— — — 35 35 
Brokered/agent commissions— 15 — — 15 
Other14 2 — — 16 
Total revenue from contracts with customers
102 683 — 102 887 
All other revenue173 476 90 24 763 
Total other revenue (d)$275 $1,159 $90 $126 $1,650 
(a)We had opening balances of $3.0 billion in unearned revenue associated with outstanding contracts at both January 1, 2025, and 2024, and $715 million and $732 million of these balances were recognized as insurance premiums and service revenue earned in our Condensed Consolidated Statement of Comprehensive Income during the nine months ended September 30, 2025, and 2024, respectively.
(b)We had deferred insurance assets of $1.8 billion at both January 1, 2025, and September 30, 2025, and recognized $417 million of expense during the nine months ended September 30, 2025. We had deferred insurance assets of $1.8 billion at both January 1, 2024, and September 30, 2024, and recognized $432 million of expense during the nine months ended September 30, 2024.
(c)Interchange income is reported net of customer rewards related to Ally Credit Card. Customer rewards expense was $6 million and $20 million for the nine months ended September 30, 2025, and 2024, respectively. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
(d)Represents a component of total net revenue. Refer to Note 23 for further information on our reportable operating segments.
v3.25.3
Other Income, Net of Losses (Tables)
 9 Months Ended
Sep. 30, 2025
Other Nonoperating Income (Expense) [Abstract]  
Schedule of Other Income, by Component
Details of other income, net of losses, were as follows.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Late charges and other administrative fees$35 $49 $119 $150 
Remarketing fees28 28 90 88 
Income from equity-method investments (a)23 10 64 14 
Other, net84 89 244 239 
Total other income, net of losses (b)$170 $176 $517 $491 
(a)Refer to Note 11 for further information on our equity-method investments.
(b)Includes the activity of Ally Credit Card prior to the sale on April 1, 2025. Refer to Note 2 for additional information.
v3.25.3
Reserves for Insurance Losses and Loss Adjustment Expenses (Tables)
 9 Months Ended
Sep. 30, 2025
Short-Duration Insurance Contracts, Liability for Unpaid Claims and Allocated Claim Adjustment Expense, Net [Abstract]  
Schedule of Liability for Unpaid Claims and Claims Adjustment Expense
The following table shows a rollforward of our reserves for insurance losses and loss adjustment expenses.
($ in millions)20252024
Total gross reserves for insurance losses and loss adjustment expenses at January 1,$189 $140 
Less: Reinsurance recoverable60 66 
Net reserves for insurance losses and loss adjustment expenses at January 1,129 74 
Net insurance losses and loss adjustment expenses incurred related to:
Current year497 411 
Prior years (a)8 17 
Total net insurance losses and loss adjustment expenses incurred505 428 
Net insurance losses and loss adjustment expenses paid or payable related to:
Current year(386)(319)
Prior years(84)(64)
Total net insurance losses and loss adjustment expenses paid or payable(470)(383)
Net reserves for insurance losses and loss adjustment expenses at September 30,164 119 
Plus: Reinsurance recoverable (b)67 78 
Total gross reserves for insurance losses and loss adjustment expenses at September 30, (c)$231 $197 
(a)There have been no material adverse changes to the reserve for prior years.
(b)Included in premiums receivable and other insurance assets on our Condensed Consolidated Balance Sheet.
(c)Included in accrued expenses and other liabilities on our Condensed Consolidated Balance Sheet.
v3.25.3
Other Operating Expenses (Tables)
 9 Months Ended
Sep. 30, 2025
Operating Expenses [Abstract]  
Schedule of Other Operating Cost and Expense, by Component
Details of other operating expenses were as follows.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Insurance commissions$158 $164 $474 $486 
Technology and communications108 110 312 319 
Advertising and marketing65 69 191 221 
Property and equipment depreciation60 55 184 169 
Lease and loan administration43 45 133 136 
Regulatory and licensing fees39 45 122 137 
Professional services38 36 105 106 
Vehicle remarketing and repossession35 31 98 96 
Amortization of intangible assets— 4 3 15 
Other106 96 322 310 
Total other operating expenses (a)$652 $655 $1,944 $1,995 
(a)Includes the activity of Ally Credit Card prior to the sale on April 1, 2025. Refer to Note 2 for additional information.
v3.25.3
Investment Securities (Tables)
 9 Months Ended
Sep. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
Schedule of Investment Portfolio The cost, fair value, and gross unrealized gains and losses on available-for-sale and held-to-maturity securities were as follows.
September 30, 2025December 31, 2024
Amortized costGross unrealized
Fair value
Amortized costGross unrealized
Fair value
($ in millions)gainslossesgainslosses
Available-for-sale securities
Debt securities
U.S. Treasury and federal agencies$2,230 $19 $(55)$2,194 $2,073 $— $(200)$1,873 
U.S. States and political subdivisions634 — (80)554 704 — (87)617 
Foreign government205 2 (3)204 198 1 (5)194 
Agency mortgage-backed residential (a)14,965 12 (2,155)12,822 16,765 — (3,112)13,653 
Mortgage-backed residential235 — (35)200 249 — (43)206 
Agency mortgage-backed commercial (a)5,415 14 (647)4,782 4,819 1 (836)3,984 
Asset-backed25 — — 25 131 — (2)129 
Corporate debt1,951 20 (68)1,903 1,871 3 (120)1,754 
Total available-for-sale securities (b) (c) (d) (e) (f)$25,660 $67 $(3,043)$22,684 $26,810 $5 $(4,405)$22,410 
Held-to-maturity securities
Debt securities
Agency mortgage-backed residential$1,284 $5 $(163)$1,126 $935 $— $(196)$739 
Mortgage-backed residential3,091 217 — 3,308 3,323 142 — 3,465 
Asset-backed retained notes58 1 — 59 88 1 — 89 
Total held-to-maturity securities (d) (f) (g)$4,433 $223 $(163)$4,493 $4,346 $143 $(196)$4,293 
(a)Fair value includes basis adjustments for securities in closed portfolios with active hedges under the portfolio layer method. This includes a $53 million asset and a $72 million liability for agency mortgage-backed residential securities at September 30, 2025, and December 31, 2024, respectively, and a $40 million asset and a $34 million liability for agency mortgage-backed commercial securities at September 30, 2025, and December 31, 2024. These basis adjustments would be allocated to the amortized cost of specific securities within the pool if the hedge was dedesignated. Refer to Note 19 for additional information.
(b)Certain available-for-sale securities are included in fair value hedging relationships. Refer to Note 19 for additional information.
(c)Certain entities related to our Insurance operations are required to deposit securities with state regulatory authorities. These deposited securities totaled $13 million at both September 30, 2025, and December 31, 2024.
(d)Investment securities with a fair value of $3.7 billion and $3.4 billion were pledged as collateral at September 30, 2025, and December 31, 2024, respectively. This primarily included $2.8 billion and $2.9 billion pledged to secure advances from the FHLB at September 30, 2025, and December 31, 2024, respectively. This also included securities pledged for other purposes as required by contractual obligations or law, under which agreements we granted the counterparty the right to sell or pledge $945 million and $439 million of the underlying available-for-sale securities at September 30, 2025, and December 31, 2024, respectively.
(e)Totals do not include accrued interest receivable, which was $81 million and $73 million at September 30, 2025, and December 31, 2024, respectively. Accrued interest receivable is included in other assets on our Condensed Consolidated Balance Sheet.
(f)There was no allowance for credit losses recorded at both September 30, 2025, or December 31, 2024, as management determined that there were no expected credit losses in our portfolio of available-for-sale and held-to-maturity securities.
(g)Totals do not include accrued interest receivable, which was $13 million and $12 million at September 30, 2025, and December 31, 2024, respectively. Accrued interest receivable is included in other assets on our Condensed Consolidated Balance Sheet.
Schedule of Investments Classified by Contractual Maturity Date
The maturity distribution of debt securities outstanding is summarized in the following tables based upon contractual maturities. Call or prepayment options may cause actual maturities to differ from contractual maturities.
TotalDue in one year or lessDue after one year through five yearsDue after five years through ten yearsDue after ten years
($ in millions)AmountYieldAmountYieldAmountYieldAmountYieldAmountYield
September 30, 2025
Fair value of available-for-sale securities (a)
U.S. Treasury and federal agencies$2,194 3.4 %$84 0.9 %$1,640 4.0 %$470 1.9 %$— — %
U.S. States and political subdivisions554 3.4 45 4.9 60 3.8 61 4.2 388 3.1 
Foreign government204 2.8 20 2.0 80 2.3 104 3.3 — — 
Agency mortgage-backed residential (b)12,822 3.0 — — 1 2.8 — — 12,821 3.0 
Mortgage-backed residential200 2.7 — — — — — — 200 2.7 
Agency mortgage-backed commercial (b)4,782 2.7 — — 1,225 3.5 2,004 2.6 1,553 2.2 
Asset-backed25 1.5 — — 25 1.5 — — — — 
Corporate debt1,903 3.4 193 2.6 907 2.5 646 4.5 157 5.5 
Total available-for-sale securities$22,684 3.0 $342 1.9 $3,938 3.4 $3,285 2.9 $15,119 2.9 
Amortized cost of available-for-sale securities
$25,660 $345 $3,999 $3,596 $17,720 
Amortized cost of held-to-maturity securities (c)
Agency mortgage-backed residential$1,284 3.5 %$— — %$— — %$— — %$1,284 3.5 %
Mortgage-backed residential3,091 2.8 — — — — 7 3.4 3,084 2.8 
Asset-backed retained notes
58 5.4 — — 41 5.3 17 5.7 — — 
Total held-to-maturity securities
$4,433 3.0 $— — $41 5.3 $24 5.0 $4,368 3.0 
December 31, 2024
Fair value of available-for-sale securities (a)
U.S. Treasury and federal agencies$1,873 1.6 %$54 1.0 %$1,087 1.5 %$732 1.9 %$— — %
U.S. States and political subdivisions617 3.4 33 6.2 72 3.1 86 4.1 426 3.2 
Foreign government194 2.7 33 2.1 51 2.5 110 2.9 — — 
Agency mortgage-backed residential (b)13,653 2.6 — — 7 2.0 23 2.5 13,623 2.6 
Mortgage-backed residential206 2.7 — — — — — — 206 2.7 
Agency mortgage-backed commercial (b)3,984 2.5 23 3.1 339 3.7 1,724 2.5 1,898 2.1 
Asset-backed129 1.5 — — 128 1.5 1 4.0 — — 
Corporate debt1,754 3.1 184 3.0 754 2.6 695 3.3 121 5.3 
Total available-for-sale securities$22,410 2.5 $327 2.3 $2,438 2.2 $3,371 2.6 $16,274 2.6 
Amortized cost of available-for-sale securities
$26,810 $330 $2,579 $3,844 $20,057 
Amortized cost of held-to-maturity securities (c)
Agency mortgage-backed residential
$935 2.7 %$— — %$— — %$— — %$935 2.7 %
Mortgage-backed residential3,323 2.8 — — — — 9 3.1 3,314 2.8 
Asset-backed retained notes
88 5.4 — — 64 5.3 24 5.6 — — 
Total held-to-maturity securities
$4,346 2.9 $— — $64 5.3 $33 5.0 $4,249 2.8 
(a)Yield is calculated using the effective yield of each security at the end of the period, weighted based on the market value by security for the securities within each maturity distribution range. The effective yield considers the contractual coupon and amortized cost inclusive of hedge basis adjustments for dedesignated hedges, and excludes expected capital gains and losses. Yield does not consider hedging effects for securities in active hedges.
(b)Fair value includes basis adjustments for securities in closed portfolios with active hedges under the portfolio layer method. This includes a $53 million asset and a $72 million liability for agency mortgage-backed residential securities at September 30, 2025, and December 31, 2024, respectively, and a $40 million asset and a $34 million liability for agency mortgage-backed commercial securities at September 30, 2025, and December 31, 2024. These basis adjustments would be allocated to the amortized cost of specific securities within the pool if the hedge was dedesignated. Refer to Note 19 for additional information.
(c)Yield is calculated using the effective yield of each security at the end of the period, weighted based on amortized cost by security for the securities within each maturity distribution range. The effective yield considers the contractual coupon and amortized cost and excludes capital gains, capital losses, and the premium or discount on securities transferred from available-for-sale to held-to-maturity.
Schedule of Investment Income
The following table presents interest and dividends on investment securities.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Taxable interest$230 $243 $668 $732 
Taxable dividends5 5 15 15 
Interest and dividends exempt from U.S. federal income tax6 5 18 16 
Interest and dividends on investment securities$241 $253 $701 $763 
Schedule of Realized Gain (Loss)
The following table presents gross gains and losses realized upon the sales of available-for-sale securities, and net gains or losses on equity securities held during the period.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Available-for-sale securities
Gross realized gains$1 $1 $3 $2 
Gross realized losses (a)— — (495)— 
Net realized gain (loss) on available-for-sale securities1 1 (492)2 
Net realized gain on equity securities28 15 61 53 
Net unrealized gain on equity securities27 58 49 41 
Other gain (loss) on investments, net$56 $74 $(382)$96 
(a)Includes losses reclassified from accumulated other comprehensive loss related to the balance sheet repositioning of our available-for-sale securities portfolio.
Schedule of Held to Maturity Debt Securities by Credit Quality
The following table presents the credit quality of our held-to-maturity securities, based on the latest available information as of September 30, 2025, and December 31, 2024. The credit ratings are sourced from nationally recognized statistical rating organizations, which include S&P, Moody’s, Fitch, and DBRS. The ratings presented are a composite of the ratings sourced from the agencies or, if the ratings cannot be sourced from the agencies, are based on the asset type of the particular security. All our held-to-maturity securities were current in their payment of principal and interest as of both September 30, 2025, and December 31, 2024. We have not recorded any interest income reversals on our held-to-maturity securities during the nine months ended September 30, 2025, or September 30, 2024.
($ in millions)AAAAAABBBTotal (a)
September 30, 2025
Debt securities
Agency mortgage-backed residential$— $1,284 $— $— $1,284 
Mortgage-backed residential3,021 69 1 — 3,091 
Asset-backed retained notes53 2 2 1 58 
Total held-to-maturity securities$3,074 $1,355 $3 $1 $4,433 
December 31, 2024
Debt securities
Agency mortgage-backed residential$— $935 $— $— $935 
Mortgage-backed residential3,241 78 4 — 3,323 
Asset-backed retained notes81 3 2 2 88 
Total held-to-maturity securities$3,322 $1,016 $6 $2 $4,346 
(a)Rating agencies indicate that they base their ratings on many quantitative and qualitative factors, which may include capital adequacy, liquidity, asset quality, business mix, level and quality of earnings, and the current operating, legislative, and regulatory environment. A credit rating is not a recommendation to buy, sell, or hold securities, and the ratings are subject to revision or withdrawal at any time by the assigning rating agency.
Schedule of Available-for-Sale Securities in Unrealized Loss Position
The following table summarizes available-for-sale securities in an unrealized loss position, which we evaluated to determine if a credit loss exists requiring the recognition of an allowance for credit losses. For additional information on our methodology, refer to Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K. We have not recorded any interest income reversals on our available-for-sale securities during the nine months ended September 30, 2025, or September 30, 2024.
September 30, 2025December 31, 2024
Less than 12 months12 months or longerLess than 12 months12 months or longer
($ in millions)
Fair value
Unrealized loss
Fair value
Unrealized loss
Fair valueUnrealized lossFair valueUnrealized loss
Available-for-sale securities
Debt securities
U.S. Treasury and federal agencies$— $— $604 $(55)$— $— $1,873 $(200)
U.S. States and political subdivisions53 (1)426 (79)87 (2)472 (85)
Foreign government16 — 77 (3)40 — 112 (5)
Agency mortgage-backed residential (a)547 (1)10,451 (2,154)127 (3)13,518 (3,109)
Mortgage-backed residential— — 200 (35)— — 206 (43)
Agency mortgage-backed commercial (a)191 (1)3,590 (646)428 (11)3,445 (825)
Asset-backed— — 24 — — — 124 (2)
Corporate debt65 (1)1,170 (67)265 (6)1,319 (114)
Total available-for-sale securities
$872 $(4)$16,542 $(3,039)$947 $(22)$21,069 $(4,383)
(a)Includes basis adjustments for certain securities that are included in closed portfolios with active hedges under the portfolio layer method at September 30, 2025, and December 31, 2024. The basis adjustments would be allocated to the amortized cost of specific securities within the pool if the hedge was dedesignated. Refer to Note 19 for additional information.
v3.25.3
Finance Receivables and Loans, Net (Tables)
 9 Months Ended
Sep. 30, 2025
Receivables [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
The composition of finance receivables and loans reported at amortized cost basis was as follows.
($ in millions)September 30, 2025December 31, 2024
Consumer automotive (a)$84,994 $83,757 
Consumer mortgage (b)16,253 17,234 
Consumer other (c)— 2,294 
Total consumer101,247 103,285 
Commercial
Commercial and industrial
Automotive17,137 18,259 
Other (d)9,169 8,212 
Commercial real estate7,014 6,274 
Total commercial33,320 32,745 
Total finance receivables and loans (e) (f)$134,567 $136,030 
(a)Certain finance receivables and loans are included in fair value hedging relationships. Refer to Note 19 for additional information.
(b)Includes loans originated as interest-only mortgage loans of $5 million and $12 million at September 30, 2025, and December 31, 2024, respectively, of which all have exited the interest-only period.
(c)Consists of credit card finance receivables and loans. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information. Billed interest on our credit card loans was included within finance receivables and loans, net as of December 31, 2024.
(d)Includes $26 million of PCD loans that were acquired for $2 million of cash considerations during the three months ended September 30, 2025, which have experienced a more-than-insignificant deterioration of credit quality since origination. We recognized an initial allowance for loan losses of $24 million on these PCD loans.
(e)Totals include net unearned income, unamortized premiums and discounts, and deferred fees and costs of $2.4 billion and $2.3 billion at September 30, 2025, and December 31, 2024, respectively.
(f)Totals do not include accrued interest receivable, which was $761 million and $839 million at September 30, 2025, and December 31, 2024, respectively. Accrued interest receivable is included in other assets on our Condensed Consolidated Balance Sheet.
Schedule of Allowance for Credit Losses on Financing Receivables
The following tables present an analysis of the activity in the allowance for loan losses on finance receivables and loans for the three months and nine months ended September 30, 2025, and 2024, respectively.
Three months ended September 30, 2025 ($ in millions)
Consumer automotiveConsumer mortgageCommercialTotal
Allowance at July 1, 2025$3,166 $17 $233 $3,416 
Charge-offs (a)(662)— — (662)
Recoveries263 3 1 267 
Net charge-offs(399)3 1 (395)
Provision for credit losses419 (3)(1)415 
Other (b)— — 24 24 
Allowance at September 30, 2025
$3,186 $17 $257 $3,460 
(a)Refer to Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K for information regarding our charge-off policies.
(b)Commercial includes $24 million of allowance for loan losses recognized on PCD loans acquired during the three months ended September 30, 2025.
Nine months ended September 30, 2025 ($ in millions)
Consumer automotiveConsumer mortgageConsumer other (a)CommercialTotal
Allowance at January 1, 2025$3,170 $19 $319 $206 $3,714 
Charge-offs (b)(1,937)(2)(68)(2)(2,009)
Recoveries727 6 5 3 741 
Net charge-offs(1,210)4 (63)1 (1,268)
Provision for credit losses1,226 (4)(257)25 990 
Other (c)— (2)1 25 24 
Allowance at September 30, 2025
$3,186 $17 $— $257 $3,460 
(a)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
(b)Refer to Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K for information regarding our charge-off policies.
(c)Commercial includes $24 million of allowance for loan losses recognized on PCD loans acquired during the nine months ended September 30, 2025.
Three months ended September 30, 2024 ($ in millions)
Consumer automotiveConsumer mortgageConsumer other (a)CommercialTotal
Allowance at July 1, 2024$3,055 $19 $302 $196 $3,572 
Charge-offs (b)(683)— (61)— (744)
Recoveries216 1 9 1 227 
Net charge-offs(467)1 (52)1 (517)
Provision for credit losses578 (3)58 12 645 
Other— 2 (1)(1)— 
Allowance at September 30, 2024
$3,166 $19 $307 $208 $3,700 
(a)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
(b)Refer to Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K for information regarding our charge-off policies.
Nine months ended September 30, 2024 ($ in millions)
Consumer automotiveConsumer mortgageConsumer other (a)CommercialTotal
Allowance at January 1, 2024$3,083 $21 $293 $190 $3,587 
Charge-offs (b)(1,976)(1)(199)(2)(2,178)
Recoveries654 3 23 7 687 
Net charge-offs(1,322)2 (176)5 (1,491)
Write-downs from transfers to held-for-sale (c)(5)— — — (5)
Provision for credit losses1,410 (6)191 14 1,609 
Other— 2 (1)(1)— 
Allowance at September 30, 2024
$3,166 $19 $307 $208 $3,700 
(a)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
(b)Refer to Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K for information regarding our charge-off policies.
(c)Consumer automotive includes a $5 million reduction of allowance from the completion of a retail securitization transaction during the nine months ended September 30, 2024, resulting in the deconsolidation of the assets and liabilities from our Condensed Consolidated Balance Sheet.
Schedule of Sales of Financing Receivables and Loans
The following table presents sales of finance receivables and loans and transfers of finance receivables and loans from held-for-investment to held-for-sale based on net carrying value.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Consumer automotive$— $— $— $1,108 
Consumer mortgage8 208 58 325 
Consumer other (a)— —2,248 —
Commercial5 131 98 296 
Total sales and transfers$13 $339 $2,404 $1,729 
(a)Consists of credit card finance receivables and loans. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
Schedule of Purchases of Financing Receivables and Loans
The following table presents purchases of finance receivables and loans based on unpaid principal balance at the time of purchase.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Consumer automotive$1,258 $802 $3,242 $2,377 
Consumer mortgage— 7 8 15
Commercial26 — 26 — 
Total purchases of finance receivables and loans$1,284 $809 $3,276 $2,392 
Schedule of Financing Receivables, Nonaccrual Status
The following tables present the amortized cost 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 September 30, 2025, and December 31, 2024. We recorded interest income from cash payments associated with finance receivables and loans on nonaccrual status of $4 million and $11 million for the three months and nine months ended September 30, 2025, respectively, and $4 million and $14 million for the three months and nine months ended September 30, 2024. Refer to Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K for additional information on our accounting policy for finance receivables and loans on nonaccrual status.
September 30, 2025
($ in millions)Nonaccrual status at Jan. 1, 2025Nonaccrual status at
Jul. 1, 2025		Nonaccrual statusNonaccrual with no allowance (a)
Consumer automotive$1,231 $1,134 $1,140 $426 
Consumer mortgage54 69 70 53 
Consumer other (b)90 — — — 
Total consumer1,375 1,203 1,210 479 
Commercial
Commercial and industrial
Automotive15 38 9 9 
Other (c)94 98 124 4 
Commercial real estate2 20 10 8 
Total commercial111 156 143 21 
Total finance receivables and loans$1,486 $1,359 $1,353 $500 
(a)Represents a component of nonaccrual status at end of period.
(b)Consists of credit card finance receivables and loans. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
(c)Includes PCD loans acquired during the three months ended September 30, 2025.
December 31, 2024
($ in millions)Nonaccrual status at Jan. 1, 2024Nonaccrual status at
Jul. 1, 2024		Nonaccrual statusNonaccrual with no allowance (a)
Consumer automotive$1,129 $978 $1,231 $476 
Consumer mortgage54 41 54 36 
Consumer other (b)92 80 90 — 
Total consumer1,275 1,099 1,375 512 
Commercial
Commercial and industrial
Automotive18 18 15 — 
Other98 96 94 4 
Commercial real estate3 2 2 2 
Total commercial119 116 111 6 
Total finance receivables and loans$1,394 $1,215 $1,486 $518 
(a)Represents a component of nonaccrual status at end of period.
(b)Consists of credit card finance receivables and loans. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
Schedule of Financing Receivable Credit Quality Indicators
The following tables present the amortized cost basis of our consumer finance receivables and loans by credit quality indicator based on delinquency status and origination year.
Origination yearRevolving loans converted to term
September 30, 2025 ($ in millions)
202520242023202220212020 and priorRevolving loansTotal
Consumer automotive
Current$26,219 $22,326 $14,493 $10,345 $5,166 $2,281 $— $— $80,830 
30–59 days past due284 578 633 615 366 162 — — 2,638 
60–89 days past due78 232 283 287 156 68 — — 1,104 
90 or more days past due30 89 104 106 62 33 — — 424 
Total consumer automotive (a)26,611 23,225 15,513 11,353 5,750 2,544 — — 84,996 
Consumer mortgage
Current— 18 31 1,791 9,376 4,803 97 10 16,126 
30–59 days past due— — — 9 26 24 1 — 60 
60–89 days past due— — — 5 2 5 — — 12 
90 or more days past due— — — 6 17 29 1 2 55 
Total consumer mortgage— 18 31 1,811 9,421 4,861 99 12 16,253 
Total consumer$26,611 $23,243 $15,544 $13,164 $15,171 $7,405 $99 $12 $101,249 
(a)Certain consumer automotive loans are included in fair value hedging relationships. The amortized cost excludes a liability of $2 million related to basis adjustments for loans in closed portfolios with active hedges under the portfolio layer method at September 30, 2025. These basis adjustments would be allocated to the amortized cost of specific loans within the pool if the hedge was dedesignated. Refer to Note 19 for additional information.
Origination yearRevolving loans converted to term
December 31, 2024 ($ in millions)
202420232022202120202019 and priorRevolving loansTotal
Consumer automotive
Current$30,322 $20,387 $15,234 $8,368 $3,064 $1,849 $— $— $79,224 
30–59 days past due419 756 841 546 174 141 — — 2,877 
60–89 days past due131 338 390 240 75 56 — — 1,230 
90 or more days past due47 123 142 93 31 31 — — 467 
Total consumer automotive (a)30,919 21,604 16,607 9,247 3,344 2,077 — — 83,798 
Consumer mortgage
Current13 31 1,901 9,834 1,714 3,503 115 15 17,126 
30–59 days past due— — 7 9 5 27 — — 48 
60–89 days past due— — 4 4 1 4 — — 13 
90 or more days past due— 2 2 9 1 30 1 2 47 
Total consumer mortgage13 33 1,914 9,856 1,721 3,564 116 17 17,234 
Consumer other
Current— — — — — — 2,140 — 2,140 
30–59 days past due— — — — — — 35 — 35 
60–89 days past due— — — — — — 33 — 33 
90 or more days past due— — — — — — 86 — 86 
Total consumer other (b)— — — — — — 2,294 — 2,294 
Total consumer$30,932 $21,637 $18,521 $19,103 $5,065 $5,641 $2,410 $17 $103,326 
(a)Certain consumer automotive loans are included in fair value hedging relationships. The amortized cost excludes a liability of $41 million related to basis adjustments for loans in closed portfolios with active hedges under the portfolio layer method at December 31, 2024. These basis adjustments would be allocated to the amortized cost of specific loans within the pool if the hedge was dedesignated. Refer to Note 19 for additional information.
(b)Consists of credit card finance receivables and loans. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
The following tables present the amortized cost basis of our commercial finance receivables and loans by credit quality indicator based on risk rating and origination year.
Origination yearRevolving loans converted to term
September 30, 2025 ($ in millions)
202520242023202220212020 and priorRevolving loansTotal
Commercial
Commercial and industrial
Automotive
Pass$269 $437 $266 $281 $103 $81 $14,303 $— $15,740 
Special mention2 2 23 12 19 3 1,290 — 1,351 
Substandard— — — — — — 46 — 46 
Total automotive271 439 289 293 122 84 15,639 — 17,137 
Other
Pass561 636 173 315 216 332 5,711 128 8,072 
Special mention— 31 — 232 160 97 308 22 850 
Substandard— — — — 20 62 42 — 124 
Doubtful— — — — — 107 16 — 123 
Total other561 667 173 547 396 598 6,077 150 9,169 
Commercial real estate
Pass1,198 1,076 804 1,051 963 1,576 11 58 6,737 
Special mention3 42 45 94 46 37 — — 267 
Substandard— — 2 5 — — — — 7 
Doubtful— — 2 1 — — — — 3 
Total commercial real estate1,201 1,118 853 1,151 1,009 1,613 11 58 7,014 
Total commercial$2,033 $2,224 $1,315 $1,991 $1,527 $2,295 $21,727 $208 $33,320 
Origination yearRevolving loans converted to term
December 31, 2024 ($ in millions)
202420232022202120202019 and priorRevolving loansTotal
Commercial
Commercial and industrial
Automotive
Pass$522 $336 $337 $125 $64 $52 $15,005 $— $16,441 
Special mention3 38 15 25 3 1 1,694 — 1,779 
Substandard— — — — — — 33 — 33 
Doubtful— — — — — — 6 — 6 
Total automotive525 374 352 150 67 53 16,738 — 18,259 
Other
Pass707 296 261 199 18 205 5,047 84 6,817 
Special mention— — 394 280 186 76 226 32 1,194 
Substandard— 27 — 23 46 54 12 4 166 
Doubtful— — — — — 26 9 — 35 
Total other707 323 655 502 250 361 5,294 120 8,212 
Commercial real estate
Pass959 904 1,228 1,030 757 1,137 — 36 6,051 
Special mention6 51 69 57 35 3 — — 221 
Doubtful— — 1 — — 1 — — 2 
Total commercial real estate965 955 1,298 1,087 792 1,141 — 36 6,274 
Total commercial$2,197 $1,652 $2,305 $1,739 $1,109 $1,555 $22,032 $156 $32,745 
The following tables present gross charge-offs of our finance receivables and loans for each portfolio class by origination year during the nine months ended September 30, 2025, and during the year ended December 31, 2024, respectively. Refer to Note 1 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K for additional information on our charge-off policy.
Origination yearRevolving loans converted to term
September 30, 2025 ($ in millions)
202520242023202220212020 and priorRevolving loansTotal
Consumer automotive$65 $405 $574 $517 $252 $124 $— $— $1,937 
Consumer mortgage— — — 1 1 — — — 2 
Consumer other (a)— — — — — — 64 4 68 
Total consumer65 405 574 518 253 124 64 4 2,007 
Commercial
Commercial and industrial
Automotive— — — — 1 — 1 — 2 
Total commercial— — — — 1 — 1 — 2 
Total finance receivables and loans$65 $405 $574 $518 $254 $124 $65 $4 $2,009 
(a)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
Origination yearRevolving loans converted to term
December 31, 2024 ($ in millions)
202420232022202120202019 and priorRevolving loansTotal
Consumer automotive (a)$160 $779 $943 $510 $137 $152 $— $— $2,681 
Consumer mortgage— — — 1 — 1 — — 2 
Consumer other (b)— — — — — — 246 16 262 
Total consumer160 779 943 511 137 153 246 16 2,945 
Commercial
Commercial and industrial
Automotive— — — — — 1 2 — 3 
Total commercial— — — — — 1 2 — 3 
Total finance receivables and loans$160 $779 $943 $511 $137 $154 $248 $16 $2,948 
(a)Excludes $5 million of write-downs from transfers to held-for-sale from the completion of a retail securitization transaction during the year ended December 31, 2024, resulting in the deconsolidation of the assets and liabilities from our Condensed Consolidated Balance Sheet.
(b)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
Schedule of Past Due Financing Receivables
The following table presents an analysis of our past-due commercial finance receivables and loans recorded at amortized cost basis.
($ in millions)30–59 days past due60–89 days past due90 days or more past dueTotal past dueCurrentTotal finance receivables and loans
September 30, 2025
Commercial
Commercial and industrial
Automotive$— $— $— $— $17,137 $17,137 
Other3 — 67 70 9,099 9,169 
Commercial real estate— — 1 1 7,013 7,014 
Total commercial$3 $— $68 $71 $33,249 $33,320 
December 31, 2024
Commercial
Commercial and industrial
Automotive$5 $— $— $5 $18,254 $18,259 
Other35 — — 35 8,177 8,212 
Commercial real estate1 — 1 2 6,272 6,274 
Total commercial$41 $— $1 $42 $32,703 $32,745 
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 nine months ended September 30, 2025, and 2024, 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 2024 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 September 30, 2025, and December 31, 2024, there were $8 million and $4 million of consumer mortgage finance receivables and loans in a trial modification program, respectively.
Payment extensions
Three months ended September 30, 2025
($ in millions)
Payment deferralsContractual maturity extensionsPrincipal forgivenessInterest rate concessionsCombinationTotal
Consumer automotive$— $237 $4 $— $1 $242 
Consumer mortgage1 1 — 1 — 3 
Total consumer1 238 4 1 1 245 
Commercial
Commercial and industrial
Other— 19 — — — 19 
Commercial real estate3 — — — — 3 
Total commercial3 19 — — — 22 
Total finance receivables and loans$4 $257 $4 $1 $1 $267 
Payment extensions
Nine months ended September 30, 2025
($ in millions)
Payment deferralsContractual maturity extensionsPrincipal forgivenessInterest rate concessionsCombinationTotal (a)
Consumer automotive$— $450 $6 $— $1 $457 
Consumer mortgage1 1 — 1 3 6 
Total consumer1 451 6 1 4 463 
Commercial
Commercial and industrial
Automotive— — — 9 — 9 
Other3 76 — — — 79 
Commercial real estate4 — — 7 — 11 
Total commercial7 76 — 16 — 99 
Total finance receivables and loans$8 $527 $6 $17 $4 $562 
(a)Represents 0.4% of total finance receivables and loans outstanding as of September 30, 2025.
Payment extensions
Three months ended September 30, 2024
($ in millions)
Payment deferralsContractual maturity extensionsPrincipal forgivenessInterest rate concessionsCombinationTotal
Consumer automotive$— $130 $2 $— $— $132 
Consumer mortgage— 1 — — — 1 
Consumer other (a)— — 1 6 — 7 
Total consumer— 131 3 6 — 140 
Commercial
Commercial and industrial
Automotive— — — 37 — 37 
Other— 25 — — 14 39 
Commercial real estate— — — — 1 1 
Total commercial— 25 — 37 15 77 
Total finance receivables and loans$— $156 $3 $43 $15 $217 
(a)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
Payment extensions
Nine months ended September 30, 2024
($ in millions)
Payment deferralsContractual maturity extensionsPrincipal forgivenessInterest rate concessionsCombinationTotal (a)
Consumer automotive$— $305 $4 $— $— $309 
Consumer mortgage— 2 — — — 2 
Consumer other (b)— — 1 13 — 14 
Total consumer— 307 5 13 — 325 
Commercial
Commercial and industrial
Automotive5 — — 37 — 42 
Other— 174 — — 14 188 
Commercial real estate— — — — 1 1 
Total commercial5 174 — 37 15 231 
Total finance receivables and loans$5 $481 $5 $50 $15 $556 
(a)Represents 0.4% of total finance receivables and loans outstanding as of September 30, 2024.
(b)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
The following tables present the financial effect of loan modifications that occurred during the three months and nine months ended September 30, 2025, and 2024, respectively.
Payment extensions (a)Principal forgivenessInterest rate concessions (a)Combination (a) (b)
Three months ended
September 30, 2025
($ in millions)
Number of months extended/deferredAmount forgivenInitial rateRevised rateRemaining termRevised remaining termInitial rateRevised rate
Consumer automotive36$1 — %— %699811.7 %7.6 %
Consumer mortgage213— 2.9 2.6 — — — — 
Commercial
Commercial and industrial
Other24$— — %— %— — — %— %
Commercial real estate6— — — — — — — 
Total commercial21$— — — — — — — 
(a)Calculated using a weighted-average balance for each portfolio class.
(b)Term is presented in number of months.
Payment extensions (a)Principal forgivenessInterest rate concessions (a)Combination (a) (b) (c)
Nine months ended
September 30, 2025
($ in millions)
Number of months extended/deferredAmount forgivenInitial rateRevised rateRemaining termRevised remaining termInitial rateRevised rate
Consumer automotive33$2 — %— %709512.4 %8.1 %
Consumer mortgage215— 2.9 2.6 2844084.1 2.3 
Commercial
Commercial and industrial
Automotive— $— 12.5 %7.9 %— — — %— %
Other17— — — — — — — 
Commercial real estate6— 10.9 5.9 — — — — 
Total commercial16$— 11.8 7.0 — — — — 
(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 134 months.
Payment extensions (a)Principal forgivenessInterest rate concessions (a)Combination (a) (b)
Three months ended
September 30, 2024
($ in millions)
Number of months extended/deferredAmount forgivenInitial rateRevised rateRemaining termRevised remaining termInitial rateRevised rate
Consumer automotive30$1 — %— %— — — %— %
Consumer mortgage126— — — — — — — 
Consumer other (c)— 1 30.4 10.4 — — — — 
Commercial
Commercial and industrial
Automotive— $— 11.0 %7.9 %——— %— %
Other15— — — 4605.5 4.3 
Commercial real estate— — — — 849011.0 6.0 
Total commercial15$— 11.0 7.9 7615.7 4.3 
(a)Calculated using a weighted-average balance for each portfolio class.
(b)Term is presented in number of months.
(c)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
Payment extensions (a)Principal forgivenessInterest rate concessions (a)Combination (a) (b)
Nine months ended
September 30, 2024
($ in millions)
Number of months extended/deferredAmount forgivenInitial rateRevised rateRemaining termRevised remaining termInitial rateRevised rate
Consumer automotive29$1 — %— %— — — %— %
Consumer mortgage176— — — — — — — 
Consumer other (c)—1 30.4 7.9 — — — — 
Commercial
Commercial and industrial
Automotive10$— 11.0 %7.9 %——— %— %
Other37— — — 4605.5 4.3 
Commercial real estate— — — — 849011.0 6.0 
Total commercial36$— 11.0 7.9 7615.7 4.3 
(a)Calculated using a weighted-average balance for each portfolio class.
(b)Term is presented in number of months.
(c)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
The following tables present the subsequent performance of loans recorded at amortized cost, by portfolio segment and credit quality indicator, that were modified within the 12 months prior to September 30, 2025, and 2024, respectively.
September 30, 2025 ($ in millions)
Current30–59 days past due60–89 days past due90 or more days past dueTotal
Consumer automotive
Contractual maturity extensions$459 $72 $20 $7 $558 
Principal forgiveness1 — 1 6 8 
Combination2 — — — 2 
Total consumer automotive462 72 21 13 568 
Consumer mortgage
Payment deferrals— 1 — — 1 
Contractual maturity extensions1 — — — 1 
Interest rate concessions1 — — — 1 
Combination2 — — 1 3 
Total consumer mortgage4 1 — 1 6 
Total consumer$466 $73 $21 $14 $574 
September 30, 2025 ($ in millions)
PassSpecial mentionSubstandardDoubtfulTotal
Commercial and industrial
Automotive
Interest rate concessions$— $— $9 $— $9 
Total automotive— — 9 — 9 
Other
Payment deferrals— — — 3 3 
Contractual maturity extensions— 47 29 — 76 
Total other— 47 29 3 79 
Commercial real estate
Payment deferrals— 3 — 1 4 
Interest rate concessions— — 7 — 7 
Total commercial real estate— 3 7 1 11 
Total commercial$— $50 $45 $4 $99 
September 30, 2024 ($ in millions)
Current30–59 days past due60–89 days past due90 or more days past dueTotal
Consumer automotive
Contractual maturity extensions$316 $67 $25 $8 $416 
Principal forgiveness— — — 4 4 
Combination1 — — — 1 
Total consumer automotive317 67 25 12 421 
Consumer mortgage
Contractual maturity extensions2 1 — — 3 
Combination1 — — — 1 
Total consumer mortgage3 1 — — 4 
Consumer other (a)
Interest rate concessions10 2 1 3 16 
Total consumer other10 2 1 3 16 
Total consumer$330 $70 $26 $15 $441 
(a)Consists of Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
September 30, 2024 ($ in millions)
PassSpecial mentionSubstandardDoubtfulTotal
Commercial and industrial
Automotive
Payment deferrals $— $— $5 $— $5 
Interest rate concessions— — 37 — 37 
Total automotive— — 42 — 42 
Other
Contractual maturity extensions118 — 56 — 174 
Combination— — 14 — 14 
Total other118 — 70 — 188 
Commercial real estate
Combination— — — 1 1 
Total commercial real estate— — — 1 1 
Total commercial$118 $— $112 $1 $231 
v3.25.3
Leasing (Tables)
 9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Schedule of Lessee, Operating Lease, Liability, Maturity
The following table presents future minimum rental payments we are required to make under operating leases that have commenced as of September 30, 2025, and that have noncancelable lease terms expiring after September 30, 2025.
($ in millions)
2025$10 
202638 
202730 
202821 
20293 
2030 and thereafter13 
Total undiscounted cash flows115 
Difference between undiscounted cash flows and discounted cash flows(9)
Total lease liability$106 
Schedule of Lease, Cost
The following table details the components of total net operating lease expense.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Operating lease expense$7 $7 $23 $22 
Variable lease expense1 1 3 3 
Total lease expense, net (a)$8 $8 $26 $25 
(a)Included in other operating expenses in our Condensed Consolidated Statement of Comprehensive Income.
Schedule of Property Subject to or Available for Operating Lease
The following table details our investment in operating leases.
($ in millions)September 30, 2025December 31, 2024
Vehicles$9,944 $9,519 
Accumulated depreciation(1,345)(1,528)
Investment in operating leases, net$8,599 $7,991 
Schedule of Lessor, Operating Lease, Payments to be Received, Maturity
The following table presents future minimum rental payments we have the right to receive under operating leases with noncancelable lease terms expiring after September 30, 2025.
($ in millions)
2025$391 
20261,336 
2027807 
2028226 
202920 
2030 and thereafter1 
Total lease payments from operating leases$2,781 
Schedule of Depreciation Expense on Operating Lease Assets The following table summarizes the components of depreciation expense on operating lease assets.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Depreciation expense on operating lease assets (excluding remarketing (gains) losses) (a)$226 $193 $663 $645 
Remarketing (gains) losses, net(1)(24)18 (129)
Net depreciation expense on operating lease assets$225 $169 $681 $516 
(a)Includes variable lease payments related to excess mileage and excessive wear and tear on vehicles of $5 million and $17 million for the three months and nine months ended September 30, 2025, respectively, and $6 million and $16 million for the three months and nine months ended September 30, 2024.
Schedule of Finance Lease, Liability, Maturity
The following table presents future minimum rental payments we have the right to receive under finance leases with noncancelable lease terms expiring after September 30, 2025.
($ in millions)
2025$51 
2026177 
2027144 
2028110 
202954 
2030 and thereafter31 
Total undiscounted cash flows567 
Difference between undiscounted cash flows and discounted cash flows(76)
Present value of lease payments recorded as lease receivable$491 
v3.25.3
Securitizations and Variable Interest Entities (Tables)
 9 Months Ended
Sep. 30, 2025
Securitizations And Variable Interest Entities [Abstract]  
Schedule of Variable Interest Entities
The following table presents our involvement in consolidated and nonconsolidated VIEs in which we hold variable interests. We have excluded certain transactions with nonconsolidated entities from the balances presented in the table below, where our only continuing involvement relates to financial interests obtained through the ordinary course of business, primarily from lending and investing arrangements. For additional detail related to the assets and liabilities of consolidated variable interest entities, refer to the Condensed Consolidated Balance Sheet.
($ in millions)Carrying value of total assetsCarrying value of total liabilitiesAssets sold to nonconsolidated VIEs (a)Maximum exposure to loss in nonconsolidated VIEs
September 30, 2025
On‑balance sheet variable interest entities
Consumer automotive$11,560 (b)$1,054 (c)$— $— 
Off-balance sheet variable interest entities
Consumer automotive (d)61 (e)— 3,057 3,118 (f)
Commercial other2,785 (g)857 (h)— 3,578 (i)
Total$14,406 $1,911 $3,057 $6,696 
December 31, 2024
On-balance sheet variable interest entities
Consumer automotive$12,821 (b)$1,683 (c)$— $— 
Off-balance sheet variable interest entities
Consumer automotive (d)92 (e)— 2,885 2,977 (f)
Consumer other (j)— — 86 86 
Commercial other2,768 (g)1,022 (h)— 3,482 (i)
Total$15,681 $2,705 $2,971 $6,545 
(a)Represents the current unpaid principal balance of outstanding consumer automotive and credit card finance receivables and loans within the VIEs.
(b)Includes $8.7 billion and $8.2 billion of assets that were not encumbered by VIE beneficial interests held by third parties at September 30, 2025, and December 31, 2024, respectively. Ally or consolidated affiliates hold the interests in these assets.
(c)Includes $140 million and $118 million of liabilities that were not obligations to third-party beneficial interest holders at September 30, 2025, and December 31, 2024, respectively.
(d)Includes activity where we sell loans through a pass-through program to a third party.
(e)Represents retained notes and certificated residual interests, of which $58 million and $88 million were classified as held-to-maturity securities at September 30, 2025, and December 31, 2024, respectively, and $3 million and $4 million were classified as other assets at September 30, 2025, and December 31, 2024, respectively. These assets represent our compliance with the risk retention rules under the Dodd-Frank Act, requiring us to retain at least five percent of the credit risk of the assets underlying asset-backed securitizations.
(f)Maximum exposure to loss represents the current unpaid principal balance of outstanding loans based on our customary representation and warranty provisions. This measure is based on the unlikely event that all the loans have underwriting defects or other defects that trigger a representation and warranty provision and the collateral supporting the loans are worthless. This required disclosure is not an indication of our expected loss.
(g)Amounts are classified as other assets except for $54 million and $50 million classified as equity securities at September 30, 2025, and December 31, 2024, respectively.
(h)Amounts are classified as accrued expenses and other liabilities.
(i)For certain nonconsolidated affordable housing entities, maximum exposure to loss represents the yield we guaranteed investors through long-term guarantee contracts. The amount disclosed is based on the unlikely event that the yield delivered to investors in the form of LIHTCs and other tax credits is recaptured. For nonconsolidated equity investments, maximum exposure to loss represents our outstanding investment, additional committed capital, and LIHTCs and other tax credits subject to recapture. The amount disclosed is based on the unlikely event that our committed capital is funded, our investments become worthless, and the tax credits previously delivered to us are recaptured. This required disclosure is not an indication of our expected loss.
(j)Includes balances from Ally Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
Schedule of Cash Flows with Nonconsolidated Special-Purpose Entities
The following table summarizes cash flows received and paid related to SPEs and asset-backed financings where the transfer is accounted for as a sale and we have a continuing involvement with the transferred consumer automotive and credit card assets (for example, servicing) that were outstanding during the nine months ended September 30, 2025, and September 30, 2024. Additionally, this table contains information regarding cash flows received from and paid to nonconsolidated SPEs that existed during each period.
Nine months ended September 30,
($ in millions)20252024
Consumer automotive
Cash proceeds from transfers completed during the period$1,010 $1,468 
Servicing fees44 44 
Cash flows received on retained interests in securitization entities33 41 
Other cash flows received3 2 
Cash disbursements for repurchases during the period1 1 
Consumer other (a)
Cash proceeds from transfers completed during the period8 35 
Servicing fees1 5 
(a)Includes activity from Ally Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
Schedule of Quantitative Information and Net Credit Losses about Securitized and Other Financial Assets Managed Together
The following tables present quantitative information about off-balance sheet securitizations and whole-loan sales where we have continuing involvement.
Total amountAmount 60 days or more past due
($ in millions)September 30, 2025December 31, 2024September 30, 2025December 31, 2024
Off-balance-sheet securitization entities
Consumer automotive$1,156 $1,730 $17 $22 
Whole-loan sales (a)
Consumer automotive1,901 1,155 108 83 
Consumer other (b)— 86 — 10 
Total$3,057 $2,971 $125 $115 
(a)Whole-loan sales are not part of a securitization transaction, but represent consumer automotive and credit card pools of loans sold to third-party investors.
(b)Includes balances related to Ally Credit Card at December 31, 2024. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
Net credit losses
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Off-balance-sheet securitization entities
Consumer automotive$5 $6 $13 $14 
Whole-loan sales (a)
Consumer automotive28 22 72 54 
Consumer other (b)— 7 7 29 
Total$33 $35 $92 $97 
(a)Whole-loan sales are not part of a securitization transaction, but represent consumer automotive and credit card pools of loans sold to third-party investors.
(b)Includes activity from Ally Credit Card. We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
v3.25.3
Other Assets (Tables)
 9 Months Ended
Sep. 30, 2025
Other Assets [Abstract]  
Schedule of Other Assets
The components of other assets were as follows.
($ in millions)September 30, 2025December 31, 2024
Property and equipment at cost$2,269 $2,226 
Accumulated depreciation(1,093)(973)
Net property and equipment1,176 1,253 
Net deferred tax assets2,175 1,916 
Proportional amortization investments (a) (b)2,080 2,131 
Restricted cash and cash equivalents (c)1,131 788 
Accrued interest, fees, and rent receivables (d)896 929 
Nonmarketable equity investments858 789 
Equity-method investments (e)705 632 
Restricted cash held for securitization trusts (f)227 300 
Other accounts receivable213 312 
Goodwill190 551 
Operating lease right-of-use assets91 92 
Net intangible assets— 54 
Other assets953 913 
Total other assets$10,695 $10,660 
(a)Proportional amortization investments includes qualifying LIHTC, NMTC, and HTC investments.
(b)Presented gross of the associated unfunded commitment. Refer to Note 14 for further information.
(c)Primarily represents restricted cash equivalents funded through the issuance of credit-linked notes. Additionally, includes a number of arrangements with third parties where certain restrictions are placed on balances we hold due to collateral agreements associated with operational processes with a third-party bank, partner, or letter of credit arrangements and corresponding collateral requirements. Refer to Note 18 for further information about the issuance of credit-linked notes.
(d)Primarily relates to accrued interest, fees, and rent receivables related to our consumer automotive and commercial automotive finance receivables and loans.
(e)Primarily relates to investments made in connection with our CRA program.
(f)Includes restricted cash collected from customer payments on securitized receivables, which are distributed by us to investors as payments on the related secured debt, and cash reserve deposits utilized as a form of credit enhancement for various securitization transactions.
Schedule of Activity in Proportional Amortization Investment
The following table summarizes information about our proportional amortization investments.
 Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Tax credits and other tax benefits from proportional amortization investments (a) (b)$91 $106 $249 $215 
Investment amortization expense recognized as a component of income tax expense (a)73 86 198 174 
Net benefit from proportional amortization investments (a)$18 $20 $51 $41 
(a)Amounts are included within income tax expense from continuing operations on our Condensed Consolidated Statement of Comprehensive Income and as a component of operating activities within deferred income taxes, other assets, and other liabilities on our Condensed Consolidated Statement of Cash Flows.
(b)There were no impairment losses recognized during both the three months and nine months ended September 30, 2025, and September 30, 2024, resulting from the forfeiture or ineligibility of tax credits or other circumstances.
Schedule of Equity Securities without Readily Determinable Fair Value
The total carrying value of the nonmarketable equity investments held at September 30, 2025, and December 31, 2024, including cumulative unrealized gains and losses, was as follows.
($ in millions)September 30, 2025December 31, 2024
FRB stock$442 $440 
FHLB stock310 258 
Equity investments without a readily determinable fair value
Cost basis91 74 
Adjustments
Upward adjustments53 53 
Downward adjustments (including impairment)(38)(36)
Carrying amount, equity investments without a readily determinable fair value106 91 
Nonmarketable equity investments$858 $789 
During the three months and nine months ended September 30, 2025, and September 30, 2024, unrealized gains and losses included in the carrying value of the nonmarketable equity investments still held as of September 30, 2025, and September 30, 2024, were as follows.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Upward adjustments$— $1 $— $2 
Downward adjustments (including impairment) (a)$— $(5)$(2)$(19)
(a)No impairment on FHLB and FRB stock was recognized during both the three months and nine months ended September 30, 2025, and September 30, 2024.
Schedule of Goodwill
The carrying balance of goodwill by reportable operating segment was as follows.
($ in millions)Automotive Finance operationsInsurance operationsCorporate and Other (a)Total
Goodwill at December 31, 2023
$20 $27 $622 $669 
Goodwill impairment— — (118)(118)
Goodwill at December 31, 2024
$20 $27 $504 $551 
Goodwill impairment— — (305)(305)
Transfer to assets of operations held-for-sale (b)— — (56)(56)
Goodwill at September 30, 2025
$20 $27 $143 $190 
(a)Includes $143 million of goodwill associated with Ally Invest at both September 30, 2025, and December 31, 2024, and $361 million of goodwill associated with Ally Credit Card at December 31, 2024.
(b)We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
Schedule of Finite-Lived Intangible Assets
The net carrying value of intangible assets by class was as follows.
September 30, 2025December 31, 2024
($ in millions)Gross intangible assetsAccumulated amortizationNet carrying valueGross intangible assetsAccumulated amortizationNet carrying value
Technology$39 $(39)$— $117 $(77)$40 
Customer lists41 (41)— 41 (41)— 
Purchased credit card relationships— — — 25 (11)14 
Trademarks— — — 2 (2)— 
Total intangible assets$80 $(80)$— $185 $(131)$54 
v3.25.3
Deposit Liabilities (Tables)
 9 Months Ended
Sep. 30, 2025
Deposits [Abstract]  
Schedule of Deposit Liabilities
Deposit liabilities consisted of the following.
($ in millions)September 30, 2025December 31, 2024
Noninterest-bearing deposits$174 $131 
Interest-bearing deposits
Savings, money market, and spending accounts107,445 104,201 
Certificates of deposit40,791 47,242 
Total deposit liabilities$148,410 $151,574 
v3.25.3
Debt (Tables)
 9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Short-term Debt
The following table presents the composition of our short-term borrowings portfolio.
September 30, 2025December 31, 2024
($ in millions)
Unsecured
Secured (a)
Total
Unsecured
Secured (a)
Total
Federal Home Loan Bank
$— $3,350 $3,350 $— $1,625 $1,625 
Securities sold under agreements to repurchase
— 529 529 — — — 
Total short-term borrowings$— $3,879 $3,879 $— $1,625 $1,625 
(a)Refer to the section below titled Long-Term Debt for further details on assets restricted as collateral for payment of the related debt.
Schedule of Long-term Debt
The following table presents the composition of our long-term debt portfolio.
September 30, 2025December 31, 2024
($ in millions)UnsecuredSecuredTotalUnsecuredSecuredTotal
Long-term debt (a)
Due within one year$1,088 $2,418 $3,506 $2,408 $2,411 $4,819 
Due after one year9,994 3,249 13,243 8,654 4,022 12,676 
Total long-term debt (b)$11,082 $5,667 $16,749 $11,062 $6,433 $17,495 
(a)Includes basis adjustments related to the application of hedge accounting. Refer to Note 19 for additional information.
(b)Includes advances from the FHLB of Pittsburgh of $7.1 billion and $4.2 billion at September 30, 2025, and December 31, 2024, respectively.
Schedule of Maturities of Long-term Debt
The following table presents the scheduled remaining maturity of long-term debt at September 30, 2025, assuming no early redemptions will occur. The amounts below include adjustments to the carrying value resulting from the application of hedge accounting. The actual payment of secured debt may vary based on the payment activity of the related pledged assets.
($ in millions)202520262027202820292030 and thereafter
Total
Unsecured
Long-term debt
$1,096 $80 $1,614 $896 $1,778 $6,326 $11,790 
Original issue discount
(19)(82)(94)(107)(123)(283)(708)
Total unsecured
1,077 (2)1,520 789 1,655 6,043 11,082 
Secured
Long-term debt
689 2,246 1,633 954 97 48 5,667 
Total long-term debt
$1,766 $2,244 $3,153 $1,743 $1,752 $6,091 $16,749 
Schedule of Pledged Assets for the Payment of the Related Secured Borrowings and Repurchase Agreements
The following table summarizes assets restricted as collateral for the payment of the related debt obligation.
($ in millions)September 30, 2025December 31, 2024
Consumer automotive finance receivables$36,396 $38,316 
Consumer mortgage finance receivables16,288 17,269 
Commercial finance receivables7,034 6,297 
Investment securities (amortized cost of $3,136 and $2,822) (a)
3,326 2,946 
Other assets (b)980 669 
Total assets restricted as collateral (c) (d)$64,024 $65,497 
Secured debt (e)$9,546 $8,058 
(a)A portion of the restricted investment securities at September 30, 2025, was restricted under repurchase agreements. Refer to the section above titled Short-Term Borrowings for information on the repurchase agreements.
(b)Includes the collateral accounts restricted for the payment of credit-linked notes recorded within restricted cash and cash equivalents. Excludes restricted cash and cash reserves for securitization trusts. Refer to Note 11 and Note 18 for additional information.
(c)All restricted assets are those of Ally Bank.
(d)Ally Bank has an advance agreement with the FHLB, and had assets pledged to secure borrowings that were restricted as collateral to the FHLB totaling $26.1 billion and $26.5 billion at September 30, 2025, and December 31, 2024, respectively. These assets were primarily composed of consumer mortgage finance receivables and loans as well as mortgage-backed securities. Ally Bank has access to the FRB Discount Window and had assets pledged and restricted as collateral to the FRB totaling $33.7 billion and $33.8 billion at September 30, 2025, and December 31, 2024, respectively. These assets were composed of consumer automotive finance receivables and loans. Availability under these programs is only for the operations of Ally Bank and cannot be used to fund the operations or liabilities of Ally or its other subsidiaries.
(e)Includes $3.9 billion and $1.6 billion of short-term borrowings at September 30, 2025, and December 31, 2024, respectively.
v3.25.3
Accrued Expenses and Other Liabilities (Tables)
 9 Months Ended
Sep. 30, 2025
Accounts Payable and Accrued Liabilities [Abstract]  
Schedule of Accrued Expenses and Other Liabilities
The components of accrued expenses and other liabilities were as follows.
($ in millions)
September 30, 2025December 31, 2024
Unfunded commitments for proportional amortization investments (a)$856 $1,019 
Accounts payable562 505 
Employee compensation and benefits377 424 
Reserves for insurance losses and loss adjustment expenses (b)231 189 
Deferred revenue144 122 
Operating lease liabilities106 111 
Other liabilities535 444 
Total accrued expenses and other liabilities (c)$2,811 $2,814 
(a)Primarily relates to unfunded commitments for investments in qualified affordable housing projects.
(b)Refer to Note 5 for further information.
(c)We closed the sale of Ally Credit Card on April 1, 2025. Refer to Note 2 for additional information.
v3.25.3
Preferred Stock (Tables)
 9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Schedule of Preferred Stock
The following table summarizes information about our preferred stock. For additional information regarding our preferred stock, refer to Note 17 to the Consolidated Financial Statements in our 2024 Annual Report on Form 10-K.
September 30, 2025December 31, 2024
Series B preferred stock (a)
Issuance dateApril 22, 2021April 22, 2021
Carrying value ($ in millions)
$1,335$1,335
Par value (per share)
$0.01$0.01
Liquidation preference (per share)
$1,000$1,000
Number of shares authorized1,350,0001,350,000
Number of shares issued and outstanding1,350,0001,350,000
Dividend/coupon
Prior to May 15, 20264.700%4.700%
On and after May 15, 2026
Five Year Treasury + 3.868%
Five Year Treasury + 3.868%
Series C preferred stock (a)
Issuance dateJune 2, 2021June 2, 2021
Carrying value ($ in millions)
$989$989
Par value (per share)
$0.01$0.01
Liquidation preference (per share)
$1,000$1,000
Number of shares authorized1,000,0001,000,000
Number of shares issued and outstanding1,000,0001,000,000
Dividend/coupon
Prior to May 15, 20284.700%4.700%
On and after May 15, 2028
Seven Year Treasury + 3.481%
Seven Year Treasury + 3.481%
(a)We may, at our option, redeem the Series B and Series C shares on any dividend payment date on or after May 15, 2026, or May 15, 2028, respectively, or at any time within 90 days following a regulatory event that precludes the instruments from being included in additional Tier 1 capital.
v3.25.3
Accumulated Other Comprehensive Loss (Tables)
 9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Loss
The following tables present changes, net of tax, in each component of accumulated other comprehensive loss.
Three months ended September 30,
Investment securities
($ in millions)
Available-
for-sale securities (a)		Held-to-maturity securitiesTranslation adjustments and net investment hedges (b)Cash flow hedges (b)Accumulated other comprehensive loss
Balance at July 1, 2024$(3,353)$(650)$20 $(26)$(4,009)
Net change588 18 1 9 616 
Balance at September 30, 2024$(2,765)$(632)$21 $(17)$(3,393)
Balance at July 1, 2025$(2,647)$(584)$22 $(10)$(3,219)
Net change253 17 — 5 275 
Balance at September 30, 2025$(2,394)$(567)$22 $(5)$(2,944)
(a)Represents the after-tax difference between the fair value and amortized cost of our available-for-sale securities portfolio. Refer to Note 7 for additional information.
(b)For additional information on derivative instruments and hedging activities, refer to Note 19.
Nine months ended September 30,
Investment securities
($ in millions)
Available-
for-sale securities (a)		Held-to-maturity securitiesTranslation adjustments and net investment hedges (b)Cash flow hedges (b)Accumulated other comprehensive loss
Balance at January 1, 2024$(3,146)$(682)$21 $(9)$(3,816)
Net change381 50 — (8)423 
Balance at September 30, 2024$(2,765)$(632)$21 $(17)$(3,393)
Balance at January 1, 2025$(3,307)$(616)$20 $(21)$(3,924)
Net change913 49 2 16 980 
Balance at September 30, 2025$(2,394)$(567)$22 $(5)$(2,944)
(a)Represents the after-tax difference between the fair value and amortized cost of our available-for-sale securities portfolio. Refer to Note 7 for additional information.
(b)For additional information on derivative instruments and hedging activities, refer to Note 19.
Schedule of Reclassification Out of Accumulated Other Comprehensive Loss
The following tables present the before- and after-tax changes in each component of accumulated other comprehensive loss.
Three months ended September 30, 2025 ($ in millions)
Before taxTax effectAfter tax
Investment securities
Available-for-sale securities
Net unrealized gains arising during the period$334 $(80)$254 
Less: Net realized gains reclassified to income from continuing operations1 (a)—(b)1
Net change333 (80)253 
Held-to-maturity securities
Less: Amortization of amounts previously recorded upon transfer from available-for-sale(22)(c)5 (b)(17)
Translation adjustments
Net unrealized losses arising during the period(5)1 (4)
Net investment hedges (d)
Net unrealized gains arising during the period5 (1)4
Cash flow hedges (d)
Net unrealized losses arising during the period(1)— (1)
Less: Net realized losses reclassified to income from continuing operations(8)(e)2(b)(6)
Net change7 (2)5 
Other comprehensive income$362 $(87)$275 
(a)Includes gains reclassified to other gain (loss) on investments, net in our Condensed Consolidated Statement of Comprehensive Income.
(b)Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income.
(c)Includes amounts reclassified to interest and dividends on investment securities and other earning assets in our Condensed Consolidated Statement of Comprehensive Income.
(d)For additional information on derivative instruments and hedging activities, refer to Note 19.
(e)Includes losses reclassified to interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income.
Three months ended September 30, 2024 ($ in millions)
Before taxTax effectAfter tax
Investment securities
Available-for-sale securities
Net unrealized gains arising during the period$772 $(183)$589 
Less: Net realized gains reclassified to income from continuing operations1(a)— (b)1 
Net change771(183)588
Held-to-maturity securities
Less: Amortization of amounts previously recorded upon transfer from available-for-sale (c)(23)(d)5(b)(18)
Translation adjustments
Net unrealized gains arising during the period2— 2 
Net investment hedges (e)
Net unrealized losses arising during the period(1)— (1)
Cash flow hedges (e)
Net unrealized gains arising during the period8(2)6 
Less: Net realized losses reclassified to income from continuing operations(4)(f)1 (b)(3)
Net change12 (3)9 
Other comprehensive income$807 $(191)$616 
(a)Includes gains reclassified to other gain (loss) on investments, net in our Condensed Consolidated Statement of Comprehensive Income.
(b)Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income.
(c)For additional information on the securities transferred from available-for-sale to held-to-maturity, refer to Note 7.
(d)Includes amounts reclassified to interest and dividends on investment securities and other earning assets in our Condensed Consolidated Statement of Comprehensive Income.
(e)For additional information on derivative instruments and hedging activities, refer to Note 19.
(f)Includes losses reclassified to interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income.
Nine months ended September 30, 2025 ($ in millions)
Before taxTax effectAfter tax
Investment securities
Available-for-sale securities
Net unrealized gains arising during the period$706 $(168)$538 
Less: Net realized losses reclassified to income from continuing operations(492)(a)117 (b)(375)
Net change1,198 (285)913 
Held-to-maturity securities
Less: Amortization of amounts previously recorded upon transfer from available-for-sale(64)(c)15 (b)(49)
Translation adjustments
Net unrealized gains arising during the period7 (2)5 
Net investment hedges (d)
Net unrealized losses arising during the period(4)1 (3)
Cash flow hedges (d)
Net unrealized losses arising during the period(2)— (2)
Less: Net realized losses reclassified to income from continuing operations(23)(e)5 (b)(18)
Net change21 (5)16 
Other comprehensive income$1,286 $(306)$980 
(a)Includes losses reclassified to other gain (loss) on investments, net in our Condensed Consolidated Statement of Comprehensive Income related to the balance sheet repositioning of our available-for-sale securities portfolio. Refer to Note 7 for additional information.
(b)Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income.
(c)Includes amounts reclassified to interest and dividends on investment securities and other earning assets in our Condensed Consolidated Statement of Comprehensive Income.
(d)For additional information on derivative instruments and hedging activities, refer to Note 19.
(e)Includes losses reclassified to interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income.
Nine months ended September 30, 2024 ($ in millions)
Before taxTax effectAfter tax
Investment securities
Available-for-sale securities
Net unrealized gains arising during the period$502 $(119)$383 
Less: Net realized gains reclassified to income from continuing operations2(a)— (b)2
Net change500 (119)381 
Held-to-maturity securities
Less: Amortization of amounts previously recorded upon transfer from available-for-sale (c)(65)(d)15 (b)(50)
Translation adjustments
Net unrealized losses arising during the period(5)1 (4)
Net investment hedges (e)
Net unrealized gains arising during the period5 (1)4 
Cash flow hedges (e)
Net unrealized losses arising during the period(17)4 (13)
Less: Net realized losses reclassified to income from continuing operations(7)(f)2 (b)(5)
Net change(10)2 (8)
Other comprehensive income$555 $(132)$423 
(a)Includes gains reclassified to other gain (loss) on investments, net in our Condensed Consolidated Statement of Comprehensive Income.
(b)Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income.
(c)For additional information on the securities transferred from available-for-sale to held-to-maturity, refer to Note 7.
(d)Includes amounts reclassified to interest and dividends on investment securities and other earning assets in our Condensed Consolidated Statement of Comprehensive Income.
(e)For additional information on derivative instruments and hedging activities, refer to Note 19.
(f)Includes losses reclassified to interest and fees on finance receivables and loans in our Condensed Consolidated Statement of Comprehensive Income.
v3.25.3
Earnings per Common Share (Tables)
 9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table presents the calculation of basic and diluted earnings per common share.
Three months ended September 30,Nine months ended September 30,
($ in millions, except per share data; shares in thousands) (a)
2025202420252024
Net income from continuing operations$398 $198 $525 $560 
Preferred stock dividends — Series B(16)(16)(48)(48)
Preferred stock dividends — Series C(11)(11)(35)(35)
Net income from continuing operations attributable to common shareholders$371 $171 $442 $477 
Net income attributable to common shareholders$371 $171 $442 $477 
Basic weighted-average common shares outstanding (b)310,342 307,312 309,753 306,699 
Diluted weighted-average common shares outstanding (b)313,823 311,044 312,633 309,786 
Basic earnings per common share
Net income from continuing operations$1.19 $0.55 $1.43 $1.56 
Net income$1.19 $0.55 $1.43 $1.56 
Diluted earnings per common share
Net income from continuing operations$1.18 $0.55 $1.41 $1.54 
Net income$1.18 $0.55 $1.41 $1.54 
(a)Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated based on unrounded numbers.
(b)Includes shares related to share-based compensation that vested but were not yet issued.
v3.25.3
Regulatory Capital and Other Regulatory Matters (Tables)
 9 Months Ended
Sep. 30, 2025
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations
The following table summarizes our capital ratios under U.S. Basel III.
September 30, 2025
December 31, 2024
Required minimum (a)Well-capitalized minimum
($ in millions)AmountRatioAmountRatio
Capital ratios
Common Equity Tier 1 (to risk-weighted assets)
Ally Financial Inc.$15,184 10.07 %$15,058 9.82 %4.50 %(b)
Ally Bank17,773 12.62 17,229 11.94 4.50 6.50 %
Tier 1 (to risk-weighted assets)
Ally Financial Inc.$17,440 11.57 %$17,324 11.30 %6.00 %6.00 %
Ally Bank17,773 12.62 17,229 11.94 6.00 8.00 
Total (to risk-weighted assets)
Ally Financial Inc.$20,259 13.44 %$20,182 13.16 %8.00 %10.00 %
Ally Bank19,555 13.88 19,052 13.21 8.00 10.00 
Tier 1 leverage (to adjusted quarterly average assets) (c)
Ally Financial Inc.$17,440 9.18 %$17,324 8.92 %4.00 %(b)
Ally Bank17,773 9.95 17,229 9.40 4.00 5.00 %
(a)In addition to the minimum risk-based capital requirements for the Common Equity Tier 1 capital, Tier 1 capital, and total capital ratios, Ally was required to maintain a minimum capital conservation buffer of 2.6% at both September 30, 2025, and December 31, 2024, and Ally Bank was required to maintain a minimum capital conservation buffer of 2.5% at both September 30, 2025, and December 31, 2024.
(b)Currently, there is no ratio component for determining whether a BHC is “well-capitalized.”
(c)Federal regulatory reporting guidelines require the calculation of adjusted quarterly average assets using a daily average methodology.
Schedule of Common Share Distribution Activity
The following table presents information related to our common stock and distributions to our common shareholders.
Common stock repurchased during period (a) (b)Number of common shares outstandingCash dividends declared per common share (c)
($ in millions, except per share data; shares in thousands)Approximate dollar valueNumber of sharesBeginning of periodEnd of period
2024
First quarter$29 781 302,459 303,978 $0.30 
Second quarter1 13 303,978 304,656 0.30 
Third quarter1 27 304,656 304,715 0.30 
Fourth quarter7 167 304,715 305,388 0.30 
2025
First quarter$34 877 305,388 307,152 $0.30 
Second quarter1 27 307,152 307,787 0.30 
Third quarter1 25 307,787 307,828 0.30 
(a)Includes shares of common stock withheld to cover income taxes owed by participants in our share-based incentive plans.
(b)Since the commencement of our initial stock-repurchase program in the third quarter of 2016, we have reduced the number of outstanding shares of our common stock by 36%, from 484 million as of June 30, 2016, to 308 million as of September 30, 2025. Except for repurchases made of shares withheld to cover income taxes owed by participants in our share-based incentive plans, we did not make any common-stock repurchases in 2024 or the first nine months of 2025, and at this time, the Board has not authorized a stock-repurchase program for 2025.
(c)On October 7, 2025, our Board declared a quarterly cash dividend of $0.30 per share on all common stock payable on November 14, 2025, to shareholders of record at the close of business on October 31, 2025.
v3.25.3
Derivative Instruments and Hedging Activities (Tables)
 9 Months Ended
Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position
The following table summarizes the amounts of derivative instruments reported on our Condensed Consolidated Balance Sheet. The amounts are presented on a gross basis, are segregated by derivatives that are designated and qualifying as hedging instruments or those that are not, and are further segregated by type of contract within those two categories.
Derivative contracts in a receivable and payable position exclude open trade equity on derivatives cleared through central clearing counterparties. Any associated margin exchanged with our central clearing counterparties are treated as settlements of the derivative exposure, rather than collateral. Such payments are recognized as settlements of the derivatives contracts in a receivable and payable position on our Condensed Consolidated Balance Sheet.
Notional amounts are reference amounts from which contractual obligations are derived and are not recorded on the balance sheet. In our view, derivative notional is not an accurate measure of our derivative exposure when viewed in isolation from other factors, such as market rate fluctuations and counterparty credit risk.
September 30, 2025December 31, 2024
Derivative contracts in a
Notional amount
Derivative contracts in a
Notional amount
($ in millions)
receivable position
payable position
receivable position
payable position
Derivatives designated as accounting hedges
Interest rate contracts
Swaps
$— $— $27,257 $— $— $33,300 
Purchased options
— — 6,150 2 — 6,150 
Foreign exchange contracts
Forwards
4 — 191 8 — 170 
Total derivatives designated as accounting hedges
4 — 33,598 10 — 39,620 
Derivatives not designated as accounting hedges
Interest rate contracts
Forwards— — — — — 109 
Written options
— — — 1 — 63 
Total interest rate risk
— — — 1 — 172 
Foreign exchange contracts
Forwards— — 35 1 — 47 
Total foreign exchange risk— — 35 1 — 47 
Credit contracts
Credit-linked note derivatives— — 980 — — 669 
Other credit derivatives (a)— — n/a— 4 n/a
Total credit risk— — 980 — 4 669 
Total derivatives not designated as accounting hedges
— — 1,015 2 4 888 
Total derivatives
$4 $— $34,613 $12 $4 $40,508 
n/a = not applicable
(a)The maximum potential amount of undiscounted future payments that could be required under these credit derivatives was $10 million as of December 31, 2024.
Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location
The following table presents amounts recorded on our Condensed Consolidated Balance Sheet related to cumulative basis adjustments for fair value hedges.

Carrying amount of the hedged itemsCumulative amount of fair value hedging adjustment included in the carrying amount of the hedged items
TotalDiscontinued (a)
($ in millions)
September 30, 2025December 31, 2024September 30, 2025December 31, 2024September 30, 2025December 31, 2024
Assets
Available-for-sale securities (b)$15,418 $15,194 $19 $(248)$(91)$(132)
Finance receivables and loans, net (c)31,980 34,493 — (51)2 (10)
Liabilities
Long-term debt$4,411 $5,987 $81 $88 $81 $88 
(a)Represents the fair value hedging adjustment on qualifying hedges for which the hedging relationship was discontinued. This represents a subset of the amounts reported in the total hedging adjustment.
(b)These amounts include the amortized cost basis and unallocated basis adjustments of closed portfolios of available-for-sale securities used to designate hedging relationships in which the hedged item is the stated amount of assets in the closed portfolios anticipated to be outstanding for the designated hedge period. At both September 30, 2025, and December 31, 2024, the amortized cost basis and unallocated basis adjustments of the closed portfolios used in these hedging relationships was $13.9 billion, of which $13.6 billion, represents the amortized cost basis and unallocated basis adjustments of closed portfolios designated in an active hedge relationship. At September 30, 2025, and December 31, 2024, the total cumulative basis adjustments associated with these hedging relationships was a $2 million asset and a $209 million liability, respectively, of which the portion related to discontinued hedging relationships was a $91 million liability and a $103 million liability, respectively. At September 30, 2025, and December 31, 2024, the notional amounts of the designated hedged items were $11.5 billion and $12.0 billion, respectively, with cumulative basis adjustments of a $93 million asset and a $106 million liability, respectively, which would be allocated across the entire remaining closed pool upon dedesignation of the hedge relationship. Refer to Note 7 for a reconciliation of the amortized cost basis and fair value of available-for-sale securities.
(c)These amounts include the carrying value of closed portfolios of loan receivables used to designate hedging relationships in which the hedged item is the stated amount of assets in the closed portfolios anticipated to be outstanding for the designated hedge period. At September 30, 2025, and December 31, 2024, the carrying value of the closed portfolios used in these hedging relationships was $32.0 billion and $34.5 billion, respectively, of which $24.8 billion and $33.4 billion, respectively, represents the carrying value of closed portfolios designated in an active hedge relationship. At December 31, 2024, the total cumulative basis adjustments associated with these hedging relationships was a $51 million liability. At September 30, 2025, and December 31, 2024, the cumulative basis adjustments associated with discontinued hedging relationships was a $2 million asset and a $10 million liability, respectively. At September 30, 2025, and December 31, 2024, the notional amounts of the designated hedged items were $14.3 billion and $20.1 billion, respectively, with cumulative basis adjustments of a $2 million liability and a $41 million liability, respectively, which would be allocated across the entire remaining closed pool upon dedesignation of the hedge relationship.
Schedule of Derivative Instruments Not Designated as Accounting Hedge
The following table summarizes the location and amounts of gains and losses on derivative instruments not designated as accounting hedges reported in our Condensed Consolidated Statement of Comprehensive Income.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Gain (loss) recognized in earnings
Interest rate contracts
Gain on mortgage and automotive loans, net$— $6 $1 $16 
Total interest rate contracts— 6 1 16 
Foreign exchange contracts
Other operating expenses1 (1)(1)1 
Total foreign exchange contracts
1 (1)(1)1 
Credit contracts
Other income, net of losses— 1 — 1 
Total credit contracts— 1 — 1 
Equity contracts
Other income, net of losses
— 1 — 3 
Total equity contracts— 1 — 3 
Total gain recognized in earnings$1 $7 $— $21 
Schedule of Location and Amounts of Gains and Losses on Derivative Instruments
The following tables summarize the location and amounts of gains and losses on derivative instruments designated as qualifying fair value and cash flow hedges reported in our Condensed Consolidated Statement of Comprehensive Income.
Interest and fees on finance receivables and loansInterest and dividends on investment securities and other earning assetsInterest on long-term debt
Three months ended September 30, ($ in millions)
202520242025202420252024
Gain (loss) on fair value hedging relationships
Interest rate contracts 
Hedged available-for-sale securities$— $— $10 $327 $— $— 
Derivatives designated as hedging instruments on available-for-sale securities— — (10)(327)— — 
Hedged fixed-rate consumer automotive loans7 190 — — — — 
Derivatives designated as hedging instruments on fixed-rate consumer automotive loans(7)(190)— — — — 
Total gain on fair value hedging relationships— — — — — — 
Loss on cash flow hedging relationships
Interest rate contracts
Hedged variable-rate commercial loans
Reclassified from accumulated other comprehensive loss into income(8)(4)— — — — 
Total loss on cash flow hedging relationships$(8)$(4)$— $— $— $— 
Total amounts presented in the Condensed Consolidated Statement of Comprehensive Income$2,674 $2,889 $250 $262 $265 $256 
Interest and fees on finance receivables and loansInterest and dividends on investment securities and other earning assetsInterest on long-term debt
Nine months ended September 30, ($ in millions)
202520242025202420252024
Gain (loss) on fair value hedging relationships
Interest rate contracts 
Hedged available-for-sale securities$— $— $224 $94 $— $— 
Derivatives designated as hedging instruments on available-for-sale securities— — (224)(94)— — 
Hedged fixed-rate consumer automotive loans48 107 — — — — 
Derivatives designated as hedging instruments on fixed-rate consumer automotive loans(48)(107)— — — — 
Total gain on fair value hedging relationships— — — — — — 
Loss on cash flow hedging relationships
Interest rate contracts
Hedged variable-rate commercial loans
Reclassified from accumulated other comprehensive loss into income(23)(7)— — — — 
Total loss on cash flow hedging relationships$(23)$(7)$— $— $— $— 
Total amounts presented in the Condensed Consolidated Statement of Comprehensive Income
$8,007 $8,561 $728 $793 $794 $748 
Schedule of Location and Amounts of Gains and Losses Related to Interest and Amortization on Derivative Instruments
The following tables summarize the location and amounts of gains and losses related to interest and amortization on derivative instruments designated as qualifying fair value and cash flow hedges reported in our Condensed Consolidated Statement of Comprehensive Income.
Interest and fees on finance receivables and loansInterest and dividends on investment securities and other earning assetsInterest on long-term debt
Three months ended September 30, ($ in millions)
202520242025202420252024
Gain on fair value hedging relationships
Interest rate contracts
Amortization of deferred unsecured debt basis adjustments$— $— $— $— $2 $2 
Amortization of deferred secured debt basis adjustments (FHLB advances)— — — — — 1 
Amortization of deferred basis adjustments of available-for-sale securities— — 4 6 — — 
Interest for qualifying accounting hedges of available-for-sale securities— — 17 50 — — 
Amortization of deferred loan basis adjustments(1)3 — — — — 
Interest for qualifying accounting hedges of consumer automotive loans held for investment17 59 — — — — 
Total gain on fair value hedging relationships$16 $62 $21 $56 $2 $3 
Interest and fees on finance receivables and loansInterest and dividends on investment securities and other earning assetsInterest on long-term debt
Nine months ended September 30, ($ in millions)
202520242025202420252024
Gain on fair value hedging relationships
Interest rate contracts
Amortization of deferred unsecured debt basis adjustments$— $— $— $— $7 $7 
Amortization of deferred secured debt basis adjustments (FHLB advances)— — — — — 2 
Amortization of deferred basis adjustments of available-for-sale securities— — 13 17 — — 
Interest for qualifying accounting hedges of available-for-sale securities— — 49 147 — — 
Amortization of deferred loan basis adjustments3 12 — — — — 
Interest for qualifying accounting hedges of consumer automotive loans held for investment51 206 — — — — 
Total gain on fair value hedging relationships$54 $218 $62 $164 $7 $9 
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
The following table summarizes the effect of cash flow hedges on accumulated other comprehensive loss.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Interest rate contracts
Gain (loss) recognized in other comprehensive income$7 $12 $21 $(10)
Schedule of Net Investment Hedges in Accumulated Other Comprehensive Income (Loss)
The following table summarizes the effect of net investment hedges on accumulated other comprehensive loss.
Three months ended September 30,Nine months ended September 30,
($ in millions)2025202420252024
Foreign exchange contracts (a) (b)
Gain (loss) recognized in other comprehensive income$5 $(1)$(4)$5 
(a)There were no amounts excluded from effectiveness testing for the three months and nine months ended September 30, 2025, or 2024.
(b)Gains and losses reclassified from accumulated other comprehensive loss are reported as other income, net of losses, in the Condensed Consolidated Statement of Comprehensive Income. There were no amounts reclassified for the three months and nine months ended September 30, 2025, or 2024.
v3.25.3
Fair Value (Tables)
 9 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on a Recurring Basis
The following tables display the assets and liabilities measured at fair value on a recurring basis including financial instruments elected for the fair value option. We often economically hedge the fair value change of our assets or liabilities with derivatives. The tables below display the hedges separately from the hedged items; therefore, they do not directly display the impact of our risk-management activities.
Recurring fair value measurements
September 30, 2025 ($ in millions)
Level 1Level 2Level 3Total
Assets
Investment securities
Equity securities (a) (b)$810 $— $— $810 
Available-for-sale securities
Debt securities
U.S. Treasury and federal agencies
2,194 — — 2,194 
U.S. States and political subdivisions
— 519 35 554 
Foreign government35 169 — 204 
Agency mortgage-backed residential
— 12,822 — 12,822 
Mortgage-backed residential
— 200 — 200 
Agency mortgage-backed commercial— 4,782 — 4,782 
Asset-backed— 25 — 25 
Corporate debt
— 1,903 — 1,903 
Total available-for-sale securities2,229 20,420 35 22,684 
Other assets
Derivative contracts in a receivable position
Foreign currency— 4 — 4 
Total derivative contracts in a receivable position— 4 — 4 
Total assets$3,039 $20,424 $35 $23,498 
(a)Our direct investment in any one industry did not exceed 14%. The concentration calculation excludes our investment in mutual funds and ETFs.
(b)Excludes $55 million of equity securities that are measured at fair value using the net asset value practical expedient and therefore are not classified in the fair value hierarchy.
Recurring fair value measurements
December 31, 2024 ($ in millions)
Level 1Level 2Level 3Total
Assets
Investment securities
Equity securities (a) (b)$820 $— $— $820 
Available-for-sale securities
Debt securities
U.S. Treasury and federal agencies
1,873 — — 1,873 
U.S. States and political subdivisions
— 582 35 617 
Foreign government36 158 — 194 
Agency mortgage-backed residential
— 13,653 — 13,653 
Mortgage-backed residential
— 206 — 206 
Agency mortgage-backed commercial— 3,984 — 3,984 
Asset-backed— 129 — 129 
Corporate debt
— 1,754 — 1,754 
Total available-for-sale securities1,909 20,466 35 22,410 
Loans held-for-sale (c)— 11 5 16 
Other assets
Derivative contracts in a receivable position
Interest rate— 2 1 3 
Foreign currency— 9 — 9 
Total derivative contracts in a receivable position— 11 1 12 
Total assets$2,729 $20,488 $41 $23,258 
Liabilities
Accrued expenses and other liabilities
Derivative contracts in a payable position
Credit$— $— $4 $4 
Total derivative contracts in a payable position
— — 4 4 
Total liabilities$— $— $4 $4 
(a)Our direct investment in any one industry did not exceed 14%. The concentration calculation excludes our investment in mutual funds and ETFs.
(b)Excludes $51 million of equity securities that are measured at fair value using the net asset value practical expedient and therefore are not classified in the fair value hierarchy.
(c)Consumer mortgage loans carried at fair value due to fair value option elections.
Schedule of Fair Value, Assets Measured on a Recurring Basis, Unobservable Input Reconciliation
The following tables present the reconciliation for all Level 3 assets and liabilities measured at fair value on a recurring basis. We often economically hedge the fair value change of our assets or liabilities with derivatives and other financial instruments. The Level 3 items presented below may be hedged by derivatives and other financial instruments that are classified as Level 1 or Level 2. Thus, the following tables do not fully reflect the impact of our risk-management activities.
Equity securitiesAvailable-for-sale securitiesLoans
held-for-sale (a)
($ in millions)202520242025202420252024
Assets
Fair value at July 1,$— $— $35 $11 $— $2 
Net realized/unrealized gains
Included in earnings— — — — — — 
Included in OCI— — — — — — 
Purchases and originations (b)— — — 27 — 16 
Sales— — — — — (11)
Issuances— — — — — — 
Settlements— — — — — — 
Transfers into Level 3— — — — — — 
Transfers out of Level 3— — — — — — 
Fair value at September 30,
$— $— $35 $38 $— $7 
Net unrealized gains still held at September 30,
Included in earnings$— $— $— $— $— $— 
Included in OCI— — — — — — 
(a)Consumer mortgage loans carried at fair value due to fair value option elections.
(b)Includes a $27 million reclassification of a commercial and industrial exposure to an available-for-sale debt security during the three months ended September 30, 2024.
Derivative liabilities, net of derivative assets (a)
($ in millions)20252024
Liabilities
Fair value at July 1,$4 $3 
Net realized/unrealized gains
Included in earnings— (5)
Included in OCI— — 
Purchases and originations— — 
Sales— — 
Issuances— — 
Settlements(4)— 
Transfers into Level 3— — 
Transfers out of Level 3 (b)— 5 
Fair value at September 30,
$— $3 
Net unrealized gains still held at September 30,
Included in earnings$— $(2)
Included in OCI— — 
(a)Net realized/unrealized gains are reported as (loss) gain on mortgage and automotive loans, net, and other income, net of losses, in the Condensed Consolidated Statement of Comprehensive Income.
(b)Represents the settlement value of interest rate derivative assets that are transferred to loans held-for-sale within Level 2 of the fair value hierarchy during the three months ended September 30, 2024. These transfers are deemed to have occurred at the end of the reporting period.
Equity securitiesAvailable-for-sale securitiesLoans
held-for-sale (a)
($ in millions)202520242025202420252024
Assets
Fair value at January 1,$— $1 $35 $9 $5 $— 
Net realized/unrealized gains
Included in earnings— — — — — — 
Included in OCI— — — — — — 
Purchases and originations (b)— — — 29 9 18 
Sales— — — — (14)(11)
Issuances— — — — — — 
Settlements— — — — — — 
Transfers into Level 3— — — — — — 
Transfers out of Level 3— (1)— — — — 
Fair value at September 30,
$— $— $35 $38 $— $7 
Net unrealized gains still held at September 30,
Included in earnings$— $— $— $— $— $— 
Included in OCI— — — — — — 
(a)Consumer mortgage loans carried at fair value due to fair value option elections.
(b)Includes a $27 million reclassification of a commercial and industrial exposure to an available-for-sale debt security during the nine months ended September 30, 2024.
Derivative liabilities, net of derivative assets (a)
($ in millions)20252024
Liabilities
Fair value at January 1,$3 $8 
Net realized/unrealized gains
Included in earnings(1)(14)
Included in OCI— — 
Purchases and originations— — 
Sales— — 
Issuances— — 
Settlements(4)(5)
Transfers into Level 3— — 
Transfers out of Level 3 (b)2 14 
Fair value at September 30,
$— $3 
Net unrealized gains still held at September 30,
Included in earnings$— $(7)
Included in OCI— — 
(a)Net realized/unrealized gains are reported as (loss) gain on mortgage and automotive loans, net, and other income, net of losses, in the Condensed Consolidated Statement of Comprehensive Income.
(b)Represents the settlement value of interest rate derivative assets that are transferred to loans held-for-sale within Level 2 of the fair value hierarchy during both the nine months ended September 30, 2025, and September 30, 2024. These transfers are deemed to have occurred at the end of the reporting period.
Schedule of Fair Value Measurements - Nonrecurring Basis
The following tables display assets and liabilities measured at fair value on a nonrecurring basis and still held at September 30, 2025, and December 31, 2024, respectively. The amounts are generally as of the end of each period presented, which approximate the fair value measurements that occurred during each period.
Nonrecurring fair value measurements
Lower-of-cost-or-fair-value reserve, valuation reserve, or cumulative adjustments
Total gain (loss) included in earnings
September 30, 2025 ($ in millions)
Level 1
Level 2
Level 3
Total
Assets
Loans held-for-sale, net$— $— $179 $179 $— n/m(a)
Commercial finance receivables and loans, net (b)
Automotive
— — 2 2 — n/m(a)
Other
— — 25 25 (95)n/m(a)
Total commercial finance receivables and loans, net
— — 27 27 (95)n/m(a)
Other assets
Repossessed and foreclosed assets (c)— — 7 7 (2)n/m(a)
Total assets
$— $— $213 $213 $(97)n/m
n/m = not meaningful
(a)We consider the applicable valuation allowance, allowance for loan losses, or cumulative adjustments to be the most relevant indicator of the impact on earnings caused by the fair value measurement. Accordingly, the table above excludes total gains and losses included in earnings for these items. The carrying values are inclusive of the respective valuation reserve, loan loss allowance, or cumulative adjustment.
(b)Represents collateral-dependent loans held for investment for which a nonrecurring measurement was made. The related allowance for loan losses represents the cumulative fair value adjustments for those specific receivables.
(c)The allowance provided for repossessed and foreclosed assets represents any cumulative valuation adjustment recognized to adjust the assets to fair value.
Nonrecurring fair value measurementsLower-of-cost-or-fair-value reserve, valuation reserve, or cumulative adjustmentsTotal gain (loss) included in earnings
December 31, 2024 ($ in millions)
Level 1Level 2Level 3Total
Assets
Loans held-for-sale, net$— $— $143 $143 $— n/m(a)
Commercial finance receivables and loans, net (b)
Automotive— — 13 13 (2)n/m(a)
Other— — 26 26 (63)n/m(a)
Total commercial finance receivables and loans, net— — 39 39 (65)n/m(a)
Other assets
Goodwill (c)— — 362 362 (118)n/m(a)
Repossessed and foreclosed assets (d)— — 8 8 (1)n/m(a)
Total assets$— $— $552 $552 $(184)n/m
n/m = not meaningful
(a)We consider the applicable valuation allowance, allowance for loan losses, or cumulative adjustments to be the most relevant indicator of the impact on earnings caused by the fair value measurement. Accordingly, the table above excludes total gains and losses included in earnings for these items. The carrying values are inclusive of the respective valuation reserve, loan loss allowance, or cumulative adjustment.
(b)Represents collateral-dependent loans held for investment for which a nonrecurring measurement was made. The related allowance for loan losses represents the cumulative fair value adjustments for those specific receivables.
(c)As of December 31, 2024, we recognized a $118 million impairment of goodwill at Ally Credit Card. Refer to Note 11 for further discussion.
(d)The allowance provided for repossessed and foreclosed assets represents any cumulative valuation adjustment recognized to adjust the assets to fair value.
Schedule of Fair Value, by Balance Sheet Grouping
The following table presents the carrying and estimated fair value of financial instruments, except for those recorded at fair value on a recurring basis presented in the previous section of this note titled Recurring Fair Value. When possible, we use quoted market prices to determine fair value. Where quoted market prices are not available, the fair value is internally derived based on appropriate valuation methodologies with respect to the amount and timing of future cash flows and estimated discount rates. However, considerable judgment is required in interpreting current market data to develop the market assumptions and inputs necessary to estimate fair value. As such, the actual amount received to sell an asset or the amount paid to settle a liability could differ from our estimates. Fair value information presented herein was based on information available at September 30, 2025, and December 31, 2024.
Estimated fair value
($ in millions)
Carrying value
Level 1
Level 2
Level 3
Total
September 30, 2025
Financial assets
Held-to-maturity securities
$4,433 $— $4,493 $— $4,493 
Loans held-for-sale, net
179 — — 179 179 
Finance receivables and loans, net
131,107 — — 134,472 134,472 
FHLB/FRB stock (a)
752 — 752 — 752 
Financial liabilities
Deposit liabilities
$40,791 $— $— $40,947 $40,947 
Short-term borrowings
3,879 — — 3,880 3,880 
Long-term debt
16,749 — 13,134 4,884 18,018 
December 31, 2024
Financial assets
Held-to-maturity securities$4,346 $— $4,293 $— $4,293 
Loans held-for-sale, net144 — — 144 144 
Finance receivables and loans, net132,316 — — 134,603 134,603 
FHLB/FRB stock (a)698 — 698 — 698 
Financial liabilities
Deposit liabilities$47,242 $— $— $47,403 $47,403 
Short-term borrowings1,625 — — 1,625 1,625 
Long-term debt17,495 — 13,535 4,982 18,517 
(a)Included in other assets on our Condensed Consolidated Balance Sheet.
v3.25.3
Offsetting Assets and Liabilities (Tables)
 9 Months Ended
Sep. 30, 2025
Offsetting [Abstract]  
Schedule of Offsetting Assets
The composition of offsetting derivative instruments, financial assets, and financial liabilities was as follows.
Gross amounts of recognized assets/liabilitiesGross amounts offset on the Condensed Consolidated Balance SheetNet amounts of assets/liabilities presented on the Condensed Consolidated Balance SheetGross amounts not offset on the Condensed Consolidated Balance Sheet
($ in millions)
Financial instruments
Collateral (a) (b) (c)
Net amount
September 30, 2025
Assets
Derivative assets$4 $— $4 $— $(4)$— 
Total assets
$4 $— $4 $— $(4)$— 
Liabilities
Securities sold under agreements to repurchase (d)$529 $— $529 $— $(528)$1 
Total liabilities$529 $— $529 $— $(528)$1 
December 31, 2024
Assets
Derivative assets (e)$12 $— $12 $— $(10)$2 
Total assets
$12 $— $12 $— $(10)$2 
Liabilities
Derivative liabilities (f)$4 $— $4 $— $— $4 
Total liabilities$4 $— $4 $— $— $4 
(a)Financial collateral received or pledged shown as a balance based on the sum of all net asset and liability positions between Ally and each individual derivative counterparty.
(b)Amounts disclosed are limited to the financial asset or liability balance and, accordingly, exclude excess collateral received or pledged and noncash collateral received. We do not record noncash collateral received on our Condensed Consolidated Balance Sheet unless certain conditions are met.
(c)Certain agreements grant us the right to sell or pledge the noncash assets we receive as collateral. We have not sold or pledged any of the noncash collateral received under these agreements.
(d)For additional information on securities sold under agreements to repurchase, refer to Note 13.
(e)Includes derivative assets with no offsetting arrangements of $1 million as of December 31, 2024.
(f)Includes derivative liabilities with no offsetting arrangements of $4 million as of December 31, 2024.
Schedule of Offsetting Liabilities
The composition of offsetting derivative instruments, financial assets, and financial liabilities was as follows.
Gross amounts of recognized assets/liabilitiesGross amounts offset on the Condensed Consolidated Balance SheetNet amounts of assets/liabilities presented on the Condensed Consolidated Balance SheetGross amounts not offset on the Condensed Consolidated Balance Sheet
($ in millions)
Financial instruments
Collateral (a) (b) (c)
Net amount
September 30, 2025
Assets
Derivative assets$4 $— $4 $— $(4)$— 
Total assets
$4 $— $4 $— $(4)$— 
Liabilities
Securities sold under agreements to repurchase (d)$529 $— $529 $— $(528)$1 
Total liabilities$529 $— $529 $— $(528)$1 
December 31, 2024
Assets
Derivative assets (e)$12 $— $12 $— $(10)$2 
Total assets
$12 $— $12 $— $(10)$2 
Liabilities
Derivative liabilities (f)$4 $— $4 $— $— $4 
Total liabilities$4 $— $4 $— $— $4 
(a)Financial collateral received or pledged shown as a balance based on the sum of all net asset and liability positions between Ally and each individual derivative counterparty.
(b)Amounts disclosed are limited to the financial asset or liability balance and, accordingly, exclude excess collateral received or pledged and noncash collateral received. We do not record noncash collateral received on our Condensed Consolidated Balance Sheet unless certain conditions are met.
(c)Certain agreements grant us the right to sell or pledge the noncash assets we receive as collateral. We have not sold or pledged any of the noncash collateral received under these agreements.
(d)For additional information on securities sold under agreements to repurchase, refer to Note 13.
(e)Includes derivative assets with no offsetting arrangements of $1 million as of December 31, 2024.
(f)Includes derivative liabilities with no offsetting arrangements of $4 million as of December 31, 2024.
v3.25.3
Segment Information (Tables)
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Financial information for our reportable operating segments is summarized as follows.
Three months ended September 30, ($ in millions)
Automotive Finance operationsInsurance operationsCorporate Finance operationsCorporate and OtherConsolidated (a)
2025
Net financing revenue and other interest income
Total financing revenue and other interest income$2,666 $49 $238 $434 $3,387 
Total interest expense1,128 16 127 307 1,578 
Net depreciation expense on operating lease assets225 — — — 225 
Net financing revenue and other interest income1,313 33 111 127 1,584 
Other revenue96 420 25 43 584 
Total net revenue1,409 453 136 170 2,168 
Provision for credit losses410 — 8 (3)415 
Noninterest expense
Compensation and benefits expense172 29 19 227 447 
Insurance losses and loss adjustment expenses— 141 — — 141 
Other operating expenses
Technology and communications expenses31 5 2 70 108 
Other (b)375 199 12 (42)544 
Total other operating expenses406 204 14 28 652 
Total noninterest expense578 374 33 255 1,240 
Income (loss) from continuing operations before income tax expense (benefit)$421 $79 $95 $(82)$513 
Total assets$113,726 $9,848 $11,343 $56,794 $191,711 
2024
Net financing revenue and other interest income
Total financing revenue and other interest income$2,637 $43 $248 $646 $3,574 
Total interest expense1,101 13 139 632 1,885 
Net depreciation expense on operating lease assets169 — — — 169 
Net financing revenue and other interest income1,367 30 109 14 1,520 
Other revenue85 437 37 56 615 
Total net revenue1,452 467 146 70 2,135 
Provision for credit losses579 — 11 55 645 
Noninterest expense
Compensation and benefits expense165 27 17 226 435 
Insurance losses and loss adjustment expenses— 135 — — 135 
Other operating expenses
Technology and communications expenses32 5 1 72 110 
Other (b)321 198 12 14 545 
Total other operating expenses353 203 13 86 655 
Total noninterest expense518 365 30 312 1,225 
Income (loss) from continuing operations before income tax expense (benefit)$355 $102 $105 $(297)$265 
Total assets$113,583 $9,455 $10,398 $59,234 $192,670 
(a)Net financing revenue and other interest income after the provision for credit losses totaled $1.2 billion and $875 million for the three months ended September 30, 2025, and 2024, respectively.
(b)Primarily consists of insurance commissions, advertising and marketing, and property and equipment depreciation expenses. Refer to Note 6 for additional information.
Nine months ended September 30, ($ in millions)
Automotive Finance operationsInsurance operationsCorporate Finance operationsCorporate and OtherConsolidated (a)
2025
Net financing revenue and other interest income
Total financing revenue and other interest income$7,840 $138 $692 $1,435 $10,105 
Total interest expense3,286 45 369 1,146 4,846 
Net depreciation expense on operating lease assets681 — — — 681 
Net financing revenue and other interest income3,873 93 323 289 4,578 
Other revenue290 1,206 73 (356)1,213 
Total net revenue4,163 1,299 396 (67)5,791 
Provision for credit losses1,231 — 20 (261)990 
Noninterest expense
Compensation and benefits expense521 85 63 713 1,382 
Insurance losses and loss adjustment expenses— 505 — — 505 
Goodwill impairment— — — 305 305 
Other operating expenses
Technology and communications expenses90 14 4 204 312 
Other (b)1,053 586 42 (49)1,632 
Total other operating expenses1,143 600 46 155 1,944 
Total noninterest expense1,664 1,190 109 1,173 4,136 
Income (loss) from continuing operations before income tax expense (benefit)$1,268 $109 $267 $(979)$665 
Total assets$113,726 $9,848 $11,343 $56,794 $191,711 
2024
Net financing revenue and other interest income
Total financing revenue and other interest income$7,819 $123 $769 $1,983 $10,694 
Total interest expense3,176 40 428 2,029 5,673 
Net depreciation expense on operating lease assets516 — — — 516 
Net financing revenue and other interest income4,127 83 341 (46)4,505 
Other revenue275 1,159 90 126 1,650 
Total net revenue4,402 1,242 431 80 6,155 
Provision for credit losses1,410 — 13 186 1,609 
Noninterest expense
Compensation and benefits expense503 81 61 751 1,396 
Insurance losses and loss adjustment expenses— 428 — — 428 
Other operating expenses
Technology and communications expenses95 14 4 206 319 
Other (b)975 587 39 75 1,676 
Total other operating expenses1,070 601 43 281 1,995 
Total noninterest expense1,573 1,110 104 1,032 3,819 
Income (loss) from continuing operations before income tax expense (benefit)$1,419 $132 $314 $(1,138)$727 
Total assets$113,583 $9,455 $10,398 $59,234 $192,670 
(a)Net financing revenue and other interest income after the provision for credit losses totaled $3.6 billion and $2.9 billion for the nine months ended September 30, 2025, and 2024, respectively.
(b)Primarily consists of insurance commissions, advertising and marketing, and property and equipment depreciation expenses. Refer to Note 6 for additional information.
v3.25.3
Held-for-sale Operations - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]            
Goodwill impairment $ 0   $ 0 $ 305 $ 0 $ 118
Benefit to provision for credit losses (415)   $ (645) (990) $ (1,609)  
Disposal Group, Held-for-Sale or Disposed of by Sale, Not Discontinued Operations | Ally Credit Card            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]            
Additional pretax loss       8    
Benefit to provision for credit losses       306    
Impairment of other assets       2    
Valuation allowance on other assets $ 7     7    
Corporate and Other            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]            
Goodwill impairment       305   118
Corporate and Other | Disposal Group, Held-for-Sale or Disposed of by Sale, Not Discontinued Operations | Ally Credit Card            
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]            
Goodwill impairment   $ 118   $ 305   $ 118
v3.25.3
Revenue from Contracts with Customers (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
Dec. 31, 2023
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers $ 308 $ 319 $ 943 $ 887        
All other revenue 276 296 270 763        
Total other revenue 584 615 1,213 1,650        
Remarketing gains (loss), net 1 24 (18) 129        
Corporate and Other                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 31 34 98 102        
All other revenue 12 22 (454) 24        
Total other revenue 43 56 (356) 126        
Automotive Finance operations                
Disaggregation of Revenue [Line Items]                
Remarketing gains (loss), net 1 24 (18) 129        
Automotive Finance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 34 33 106 102        
All other revenue 62 52 184 173        
Total other revenue 96 85 290 275        
Insurance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 243 252 739 683        
All other revenue 177 185 467 476        
Total other revenue 420 437 1,206 1,159        
Corporate Finance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 0 0 0 0        
All other revenue 25 37 73 90        
Total other revenue 25 37 73 90        
Noninsurance contracts                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 242 246 724 666        
Noninsurance contracts | Corporate and Other                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 0 0 0 0        
Noninsurance contracts | Automotive Finance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 0 0 0 0        
Noninsurance contracts | Insurance operations                
Disaggregation of Revenue [Line Items]                
Unearned revenue, remaining performance obligation, amount 3,000 3,000 3,000 3,000 $ 3,000 $ 3,000 $ 3,000 $ 3,000
Unearned revenue, revenue recognized 239 243 715 732        
Capitalized contract cost, net 1,800 1,800 1,800 1,800 $ 1,800 $ 1,800 $ 1,800 $ 1,800
Capitalized contract cost, amortization 141 141 417 432        
Noninsurance contracts | Insurance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 242 246 724 666        
Noninsurance contracts | Insurance operations | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-10-01                
Disaggregation of Revenue [Line Items]                
Unearned revenue, remaining performance obligation, amount $ 230   $ 230          
Remaining performance obligation, expected timing of satisfaction, period 3 months   3 months          
Noninsurance contracts | Insurance operations | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01                
Disaggregation of Revenue [Line Items]                
Unearned revenue, remaining performance obligation, amount $ 816   $ 816          
Remaining performance obligation, expected timing of satisfaction, period 1 year   1 year          
Noninsurance contracts | Insurance operations | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01                
Disaggregation of Revenue [Line Items]                
Unearned revenue, remaining performance obligation, amount $ 677   $ 677          
Remaining performance obligation, expected timing of satisfaction, period 1 year   1 year          
Noninsurance contracts | Insurance operations | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-01-01                
Disaggregation of Revenue [Line Items]                
Unearned revenue, remaining performance obligation, amount $ 522   $ 522          
Remaining performance obligation, expected timing of satisfaction, period 1 year   1 year          
Noninsurance contracts | Insurance operations | Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2029-01-01                
Disaggregation of Revenue [Line Items]                
Unearned revenue, remaining performance obligation, amount $ 748   $ 748          
Remaining performance obligation, expected timing of satisfaction, period            
Noninsurance contracts | Corporate Finance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers $ 0 0 $ 0 0        
Remarketing fee income                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 28 28 90 88        
Remarketing fee income | Corporate and Other                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 0 0 0 0        
Remarketing fee income | Automotive Finance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 28 28 90 88        
Remarketing fee income | Insurance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 0 0 0 0        
Remarketing fee income | Corporate Finance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 0 0 0 0        
Brokerage commissions and other revenue                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 21 22 61 67        
Brokerage commissions and other revenue | Corporate and Other                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 21 22 61 67        
Brokerage commissions and other revenue | Automotive Finance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 0 0 0 0        
Brokerage commissions and other revenue | Insurance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 0 0 0 0        
Brokerage commissions and other revenue | Corporate Finance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 0 0 0 0        
Banking fees and interchange income                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 9 12 34 35        
Customer rewards expense   7 6 20        
Banking fees and interchange income | Corporate and Other                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 9 12 34 35        
Banking fees and interchange income | Automotive Finance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 0 0 0 0        
Banking fees and interchange income | Insurance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 0 0 0 0        
Banking fees and interchange income | Corporate Finance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 0 0 0 0        
Brokered/agent commissions                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 1 5 13 15        
Brokered/agent commissions | Corporate and Other                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 0 0 0 0        
Brokered/agent commissions | Automotive Finance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 0 0 0 0        
Brokered/agent commissions | Insurance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 1 5 13 15        
Brokered/agent commissions | Corporate Finance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 0 0 0 0        
Other                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 7 6 21 16        
Other | Corporate and Other                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 1 0 3 0        
Other | Automotive Finance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 6 5 16 14        
Other | Insurance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers 0 1 2 2        
Other | Corporate Finance operations | Operating Segments                
Disaggregation of Revenue [Line Items]                
Revenue from contracts with customers $ 0 $ 0 $ 0 $ 0        
v3.25.3
Other Income, Net of Losses (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Other Nonoperating Income (Expense) [Abstract]        
Late charges and other administrative fees $ 35 $ 49 $ 119 $ 150
Remarketing fees 28 28 90 88
Income from equity-method investments 23 10 64 14
Other, net 84 89 244 239
Total other income, net of losses $ 170 $ 176 $ 517 $ 491
v3.25.3
Reserves for Insurance Losses and Loss Adjustment Expenses (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Dec. 31, 2023
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]            
Total gross reserves for insurance losses and loss adjustment expenses, beginning balance     $ 189 $ 140    
Less: Reinsurance recoverable     60 66    
Net reserves for insurance losses and loss adjustment expenses $ 164 $ 119 164 119 $ 129 $ 74
Current year     497 411    
Prior years     8 17    
Total net insurance losses and loss adjustment expenses incurred 141 135 505 428    
Current year     (386) (319)    
Prior years     (84) (64)    
Total net insurance losses and loss adjustment expenses paid or payable     (470) (383)    
Plus: Reinsurance recoverable 67 78 67 78    
Total gross reserves for insurance losses and loss adjustment expenses, ending balance $ 231 $ 197 $ 231 $ 197    
v3.25.3
Other Operating Expenses (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Operating Expenses [Abstract]        
Insurance commissions $ 158 $ 164 $ 474 $ 486
Technology and communications 108 110 312 319
Advertising and marketing 65 69 191 221
Property and equipment depreciation 60 55 184 169
Lease and loan administration 43 45 133 136
Regulatory and licensing fees 39 45 122 137
Professional services 38 36 105 106
Vehicle remarketing and repossession 35 31 98 96
Amortization of intangible assets 0 4 3 15
Other 106 96 322 310
Total other operating expenses $ 652 $ 655 $ 1,944 $ 1,995
v3.25.3
Investment Securities - Schedule of Investment Portfolio (Details) - USD ($)
 9 Months Ended
Sep. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Available-for-sale securities      
Amortized cost $ 25,660,000,000   $ 26,810,000,000
Gross unrealized gains 67,000,000   5,000,000
Gross unrealized losses (3,043,000,000)   (4,405,000,000)
Fair value 22,684,000,000   22,410,000,000
Held-to-maturity securities      
Amortized cost 4,433,000,000   4,346,000,000
Gross unrealized gains 223,000,000   143,000,000
Gross unrealized losses (163,000,000)   (196,000,000)
Fair value 4,493,000,000   4,293,000,000
Debt securities, available-for-sale, accrued interest receivable $ 81,000,000   $ 73,000,000
Debt securities, available-for-sale, accrued interest, after allowance for credit loss, statement of financial position [extensible enumeration] Other assets   Other assets
Debt securities, available-for-sale, allowance for credit loss, excluding accrued interest $ 0   $ 0
Debt securities, held-to-maturity, allowance for credit loss, excluding accrued interest 0   0
Debt securities, held-to-maturity, accrued interest receivable 13,000,000   12,000,000
Amortized cost basis in amount sold   $ 4,600,000,000  
Gross proceeds received and receivable from sale of lower-yielding available-for-sale securities 4,100,000,000    
Pre-tax loss 495,000,000    
Operating Segments | Insurance operations      
Held-to-maturity securities      
Deposited securities 13,000,000   13,000,000
Asset Pledged as Collateral with Right      
Available-for-sale securities      
Fair value 3,700,000,000   3,400,000,000
Held-to-maturity securities      
Securities with the right to sell or pledge 945,000,000   439,000,000
Asset Pledged as Collateral with Right | Federal Home Loan Bank advances      
Held-to-maturity securities      
Securities with the right to sell or pledge 2,800,000,000   2,900,000,000
U.S. Treasury and federal agencies      
Available-for-sale securities      
Amortized cost 2,230,000,000   2,073,000,000
Gross unrealized gains 19,000,000   0
Gross unrealized losses (55,000,000)   (200,000,000)
Fair value 2,194,000,000   1,873,000,000
U.S. States and political subdivisions      
Available-for-sale securities      
Amortized cost 634,000,000   704,000,000
Gross unrealized gains 0   0
Gross unrealized losses (80,000,000)   (87,000,000)
Fair value 554,000,000   617,000,000
Foreign government      
Available-for-sale securities      
Amortized cost 205,000,000   198,000,000
Gross unrealized gains 2,000,000   1,000,000
Gross unrealized losses (3,000,000)   (5,000,000)
Fair value 204,000,000   194,000,000
Agency mortgage-backed residential      
Available-for-sale securities      
Amortized cost 14,965,000,000   16,765,000,000
Gross unrealized gains 12,000,000   0
Gross unrealized losses (2,155,000,000)   (3,112,000,000)
Fair value 12,822,000,000   13,653,000,000
Held-to-maturity securities      
Amortized cost 1,284,000,000   935,000,000
Gross unrealized gains 5,000,000   0
Gross unrealized losses (163,000,000)   (196,000,000)
Fair value 1,126,000,000   739,000,000
Hedged asset, fair value hedge, cumulative increase (decrease) 53,000,000    
Hedged liability, fair value hedge, cumulative increase (decrease)     72,000,000
Mortgage-backed residential      
Available-for-sale securities      
Amortized cost 235,000,000   249,000,000
Gross unrealized gains 0   0
Gross unrealized losses (35,000,000)   (43,000,000)
Fair value 200,000,000   206,000,000
Held-to-maturity securities      
Amortized cost 3,091,000,000   3,323,000,000
Gross unrealized gains 217,000,000   142,000,000
Gross unrealized losses 0   0
Fair value 3,308,000,000   3,465,000,000
Agency mortgage-backed commercial      
Available-for-sale securities      
Amortized cost 5,415,000,000   4,819,000,000
Gross unrealized gains 14,000,000   1,000,000
Gross unrealized losses (647,000,000)   (836,000,000)
Fair value 4,782,000,000   3,984,000,000
Held-to-maturity securities      
Hedged asset, fair value hedge, cumulative increase (decrease) 40,000,000    
Hedged liability, fair value hedge, cumulative increase (decrease)     34,000,000
Asset-backed      
Available-for-sale securities      
Amortized cost 25,000,000   131,000,000
Gross unrealized gains 0   0
Gross unrealized losses 0   (2,000,000)
Fair value 25,000,000   129,000,000
Held-to-maturity securities      
Amortized cost 58,000,000   88,000,000
Gross unrealized gains 1,000,000   1,000,000
Gross unrealized losses 0   0
Fair value 59,000,000   89,000,000
Corporate debt      
Available-for-sale securities      
Amortized cost 1,951,000,000   1,871,000,000
Gross unrealized gains 20,000,000   3,000,000
Gross unrealized losses (68,000,000)   (120,000,000)
Fair value $ 1,903,000,000   $ 1,754,000,000
v3.25.3
Investment Securities - Schedule of Investments Classified by Contractual Maturity Date (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Amount    
Total available-for-sale securities $ 22,684 $ 22,410
Due in one year or less 342 327
Due after one year through five years 3,938 2,438
Due after five years through ten years 3,285 3,371
Due after ten years $ 15,119 $ 16,274
Yield    
Total 3.00% 2.50%
Due in one year or less 1.90% 2.30%
Due after one year through five years 3.40% 2.20%
Due after five years through ten years 2.90% 2.60%
Due after ten years 2.90% 2.60%
Amortized cost of available-for-sale securities    
Amortized cost $ 25,660 $ 26,810
Due in one year or less 345 330
Due after one year through five years 3,999 2,579
Due after five years through ten years 3,596 3,844
Due after ten years 17,720 20,057
Amount    
Amortized cost 4,433 4,346
Due in one year or less 0 0
Due after one year through five years 41 64
Due after five years through ten years 24 33
Due after ten years $ 4,368 $ 4,249
Yield    
Total 3.00% 2.90%
Due in one year or less 0.00% 0.00%
Due after one year through five years 5.30% 5.30%
Due after five years through ten years 5.00% 5.00%
Due after ten years 3.00% 2.80%
Cash equivalents $ 373 $ 106
U.S. Treasury and federal agencies    
Amount    
Total available-for-sale securities 2,194 1,873
Due in one year or less 84 54
Due after one year through five years 1,640 1,087
Due after five years through ten years 470 732
Due after ten years $ 0 $ 0
Yield    
Total 3.40% 1.60%
Due in one year or less 0.90% 1.00%
Due after one year through five years 4.00% 1.50%
Due after five years through ten years 1.90% 1.90%
Due after ten years 0.00% 0.00%
Amortized cost of available-for-sale securities    
Amortized cost $ 2,230 $ 2,073
U.S. States and political subdivisions    
Amount    
Total available-for-sale securities 554 617
Due in one year or less 45 33
Due after one year through five years 60 72
Due after five years through ten years 61 86
Due after ten years $ 388 $ 426
Yield    
Total 3.40% 3.40%
Due in one year or less 4.90% 6.20%
Due after one year through five years 3.80% 3.10%
Due after five years through ten years 4.20% 4.10%
Due after ten years 3.10% 3.20%
Amortized cost of available-for-sale securities    
Amortized cost $ 634 $ 704
Foreign government    
Amount    
Total available-for-sale securities 204 194
Due in one year or less 20 33
Due after one year through five years 80 51
Due after five years through ten years 104 110
Due after ten years $ 0 $ 0
Yield    
Total 2.80% 2.70%
Due in one year or less 2.00% 2.10%
Due after one year through five years 2.30% 2.50%
Due after five years through ten years 3.30% 2.90%
Due after ten years 0.00% 0.00%
Amortized cost of available-for-sale securities    
Amortized cost $ 205 $ 198
Agency mortgage-backed residential    
Amount    
Total available-for-sale securities 12,822 13,653
Due in one year or less 0 0
Due after one year through five years 1 7
Due after five years through ten years 0 23
Due after ten years $ 12,821 $ 13,623
Yield    
Total 3.00% 2.60%
Due in one year or less 0.00% 0.00%
Due after one year through five years 2.80% 2.00%
Due after five years through ten years 0.00% 2.50%
Due after ten years 3.00% 2.60%
Amortized cost of available-for-sale securities    
Amortized cost $ 14,965 $ 16,765
Amount    
Amortized cost 1,284 935
Due in one year or less 0 0
Due after one year through five years 0 0
Due after five years through ten years 0 0
Due after ten years $ 1,284 $ 935
Yield    
Total 3.50% 2.70%
Due in one year or less 0.00% 0.00%
Due after one year through five years 0.00% 0.00%
Due after five years through ten years 0.00% 0.00%
Due after ten years 3.50% 2.70%
Hedged asset, fair value hedge, cumulative increase (decrease) $ 53  
Hedged liability, fair value hedge, cumulative increase (decrease)   $ 72
Mortgage-backed residential    
Amount    
Total available-for-sale securities 200 206
Due in one year or less 0 0
Due after one year through five years 0 0
Due after five years through ten years 0 0
Due after ten years $ 200 $ 206
Yield    
Total 2.70% 2.70%
Due in one year or less 0.00% 0.00%
Due after one year through five years 0.00% 0.00%
Due after five years through ten years 0.00% 0.00%
Due after ten years 2.70% 2.70%
Amortized cost of available-for-sale securities    
Amortized cost $ 235 $ 249
Amount    
Amortized cost 3,091 3,323
Due in one year or less 0 0
Due after one year through five years 0 0
Due after five years through ten years 7 9
Due after ten years $ 3,084 $ 3,314
Yield    
Total 2.80% 2.80%
Due in one year or less 0.00% 0.00%
Due after one year through five years 0.00% 0.00%
Due after five years through ten years 3.40% 3.10%
Due after ten years 2.80% 2.80%
Agency mortgage-backed commercial    
Amount    
Total available-for-sale securities $ 4,782 $ 3,984
Due in one year or less 0 23
Due after one year through five years 1,225 339
Due after five years through ten years 2,004 1,724
Due after ten years $ 1,553 $ 1,898
Yield    
Total 2.70% 2.50%
Due in one year or less 0.00% 3.10%
Due after one year through five years 3.50% 3.70%
Due after five years through ten years 2.60% 2.50%
Due after ten years 2.20% 2.10%
Amortized cost of available-for-sale securities    
Amortized cost $ 5,415 $ 4,819
Yield    
Hedged asset, fair value hedge, cumulative increase (decrease) 40  
Hedged liability, fair value hedge, cumulative increase (decrease)   34
Asset-backed    
Amount    
Total available-for-sale securities 25 129
Due in one year or less 0 0
Due after one year through five years 25 128
Due after five years through ten years 0 1
Due after ten years $ 0 $ 0
Yield    
Total 1.50% 1.50%
Due in one year or less 0.00% 0.00%
Due after one year through five years 1.50% 1.50%
Due after five years through ten years 0.00% 4.00%
Due after ten years 0.00% 0.00%
Amortized cost of available-for-sale securities    
Amortized cost $ 25 $ 131
Amount    
Amortized cost 58 88
Due in one year or less 0 0
Due after one year through five years 41 64
Due after five years through ten years 17 24
Due after ten years $ 0 $ 0
Yield    
Total 5.40% 5.40%
Due in one year or less 0.00% 0.00%
Due after one year through five years 5.30% 5.30%
Due after five years through ten years 5.70% 5.60%
Due after ten years 0.00% 0.00%
Corporate debt    
Amount    
Total available-for-sale securities $ 1,903 $ 1,754
Due in one year or less 193 184
Due after one year through five years 907 754
Due after five years through ten years 646 695
Due after ten years $ 157 $ 121
Yield    
Total 3.40% 3.10%
Due in one year or less 2.60% 3.00%
Due after one year through five years 2.50% 2.60%
Due after five years through ten years 4.50% 3.30%
Due after ten years 5.50% 5.30%
Amortized cost of available-for-sale securities    
Amortized cost $ 1,951 $ 1,871
v3.25.3
Investment Securities - Schedule of Investment Income (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]        
Taxable interest $ 230 $ 243 $ 668 $ 732
Taxable dividends 5 5 15 15
Interest and dividends exempt from U.S. federal income tax 6 5 18 16
Interest and dividends on investment securities $ 241 $ 253 $ 701 $ 763
v3.25.3
Investment Securities - Schedule Of Realized Gain (Loss) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]        
Gross realized gains $ 1 $ 1 $ 3 $ 2
Gross realized losses 0 0 (495) 0
Net realized gain (loss) on available-for-sale securities 1 1 (492) 2
Net realized gain on equity securities 28 15 61 53
Net unrealized gain on equity securities 27 58 49 41
Other gain (loss) on investments, net $ 56 $ 74 $ (382) $ 96
v3.25.3
Investment securities - Schedule of Investments Classified by Credit Rating (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities $ 4,433 $ 4,346
Agency mortgage-backed residential    
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities 1,284 935
Mortgage-backed residential    
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities 3,091 3,323
Asset-backed    
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities 58 88
AAA    
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities 3,074 3,322
AAA | Agency mortgage-backed residential    
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities 0 0
AAA | Mortgage-backed residential    
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities 3,021 3,241
AAA | Asset-backed    
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities 53 81
AA    
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities 1,355 1,016
AA | Agency mortgage-backed residential    
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities 1,284 935
AA | Mortgage-backed residential    
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities 69 78
AA | Asset-backed    
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities 2 3
A    
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities 3 6
A | Agency mortgage-backed residential    
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities 0 0
A | Mortgage-backed residential    
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities 1 4
A | Asset-backed    
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities 2 2
BBB    
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities 1 2
BBB | Agency mortgage-backed residential    
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities 0 0
BBB | Mortgage-backed residential    
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities 0 0
BBB | Asset-backed    
Schedule of Held-to-maturity Securities [Line Items]    
Held-to-maturity securities $ 1 $ 2
v3.25.3
Investment Securities - Schedule of Unrealized Loss on Investments (Details) - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Less than 12 months    
Fair value $ 872,000,000 $ 947,000,000
Unrealized loss (4,000,000) (22,000,000)
12 months or longer    
Fair value 16,542,000,000 21,069,000,000
Unrealized loss (3,039,000,000) (4,383,000,000)
Credit reserves, available-for-sale 0 0
Credit reserves, held-to-maturity 0 0
U.S. Treasury and federal agencies    
Less than 12 months    
Fair value 0 0
Unrealized loss 0 0
12 months or longer    
Fair value 604,000,000 1,873,000,000
Unrealized loss (55,000,000) (200,000,000)
U.S. States and political subdivisions    
Less than 12 months    
Fair value 53,000,000 87,000,000
Unrealized loss (1,000,000) (2,000,000)
12 months or longer    
Fair value 426,000,000 472,000,000
Unrealized loss (79,000,000) (85,000,000)
Foreign government    
Less than 12 months    
Fair value 16,000,000 40,000,000
Unrealized loss 0 0
12 months or longer    
Fair value 77,000,000 112,000,000
Unrealized loss (3,000,000) (5,000,000)
Agency mortgage-backed residential    
Less than 12 months    
Fair value 547,000,000 127,000,000
Unrealized loss (1,000,000) (3,000,000)
12 months or longer    
Fair value 10,451,000,000 13,518,000,000
Unrealized loss (2,154,000,000) (3,109,000,000)
Mortgage-backed residential    
Less than 12 months    
Fair value 0 0
Unrealized loss 0 0
12 months or longer    
Fair value 200,000,000 206,000,000
Unrealized loss (35,000,000) (43,000,000)
Agency mortgage-backed commercial    
Less than 12 months    
Fair value 191,000,000 428,000,000
Unrealized loss (1,000,000) (11,000,000)
12 months or longer    
Fair value 3,590,000,000 3,445,000,000
Unrealized loss (646,000,000) (825,000,000)
Asset-backed    
Less than 12 months    
Fair value 0 0
Unrealized loss 0 0
12 months or longer    
Fair value 24,000,000 124,000,000
Unrealized loss 0 (2,000,000)
Corporate debt    
Less than 12 months    
Fair value 65,000,000 265,000,000
Unrealized loss (1,000,000) (6,000,000)
12 months or longer    
Fair value 1,170,000,000 1,319,000,000
Unrealized loss $ (67,000,000) $ (114,000,000)
v3.25.3
Finance Receivables and Loans, Net - Schedule of Accounts, Notes, Loans and Financing Receivables (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2025
Dec. 31, 2024
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total finance receivables and loans $ 134,567 $ 134,567 $ 136,030
Unamortized premiums and discounts and deferred fees and costs 2,400 2,400 2,300
Accrued interest receivable 761 761 839
Consumer      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total finance receivables and loans 101,247 101,247 103,285
Consumer | Automotive      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total finance receivables and loans 84,994 84,994 83,757
Consumer | Consumer mortgage finance receivables      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total finance receivables and loans 16,253 16,253 17,234
Interest-only mortgage loans 5 5 12
Consumer | Other      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total finance receivables and loans 0 0 2,294
Commercial      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total finance receivables and loans 33,320 33,320 32,745
Commercial | Automotive      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total finance receivables and loans 17,137 17,137 18,259
Commercial | Consumer mortgage finance receivables      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total finance receivables and loans 7,014 7,014 6,274
Commercial | Other      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Total finance receivables and loans 9,169 9,169 $ 8,212
Financing receivable, purchased with credit deterioration, amount 26    
Cash considerations 2    
Financing receivable, excluding accrued interest, purchased with credit deterioration, allowance for credit loss at acquisition date $ 24 $ 24  
v3.25.3
Finance Receivables and Loans, Net - Schedule of Allowance for Credit Losses on Financing Receivables (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]          
Allowance, beginning balance $ 3,416 $ 3,572 $ 3,714 $ 3,587 $ 3,587
Charge-offs (662) (744) (2,009) (2,178) (2,948)
Recoveries 267 227 741 687  
Net charge-offs (395) (517) (1,268) (1,491)  
Write-downs from transfers to held-for-sale       (5)  
Provision for credit losses 415 645 990 1,609  
Other (b) 24 0 24 0  
Allowance, ending balance 3,460 3,700 3,460 3,700 3,714
Consumer          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]          
Charge-offs     (2,007)   (2,945)
Consumer | Automotive          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]          
Allowance, beginning balance 3,166 3,055 3,170 3,083 3,083
Charge-offs (662) (683) (1,937) (1,976) (2,681)
Recoveries 263 216 727 654  
Net charge-offs (399) (467) (1,210) (1,322)  
Write-downs from transfers to held-for-sale       (5) (5)
Provision for credit losses 419 578 1,226 1,410  
Other (b) 0 0 0 0  
Allowance, ending balance 3,186 3,166 3,186 3,166 3,170
Consumer | Consumer mortgage finance receivables          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]          
Allowance, beginning balance 17 19 19 21 21
Charge-offs 0 0 (2) (1) (2)
Recoveries 3 1 6 3  
Net charge-offs 3 1 4 2  
Write-downs from transfers to held-for-sale       0  
Provision for credit losses (3) (3) (4) (6)  
Other (b) 0 2 (2) 2  
Allowance, ending balance 17 19 17 19 19
Consumer | Other          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]          
Allowance, beginning balance   302 319 293 293
Charge-offs   (61) (68) (199) (262)
Recoveries   9 5 23  
Net charge-offs   (52) (63) (176)  
Write-downs from transfers to held-for-sale       0  
Provision for credit losses   58 (257) 191  
Other (b)   (1) 1 (1)  
Allowance, ending balance 0 307 0 307 319
Commercial          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]          
Allowance, beginning balance 233 196 206 190 190
Charge-offs 0 0 (2) (2) (3)
Recoveries 1 1 3 7  
Net charge-offs 1 1 1 5  
Write-downs from transfers to held-for-sale       0  
Provision for credit losses (1) 12 25 14  
Other (b) 24 (1) 25 (1)  
Allowance, ending balance $ 257 $ 208 257 $ 208 206
Commercial | Automotive          
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]          
Charge-offs     $ (2)   $ (3)
v3.25.3
Finance Receivables and Loans, Net - Schedule of Sales of Financing Receivables and Loans (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total sales and transfers $ 13 $ 339 $ 2,404 $ 1,729
Consumer | Automotive        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total sales and transfers 0 0 0 1,108
Consumer | Consumer mortgage finance receivables        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total sales and transfers 8 208 58 325
Consumer | Other        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total sales and transfers 0 0 2,248 0
Commercial        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total sales and transfers $ 5 $ 131 $ 98 $ 296
v3.25.3
Finance Receivables and Loans, Net - Schedule of Purchases of Financing Receivables and Loans (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total purchases of finance receivables and loans $ 1,284 $ 809 $ 3,276 $ 2,392
Consumer | Automotive        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total purchases of finance receivables and loans 1,258 802 3,242 2,377
Consumer | Consumer mortgage finance receivables        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total purchases of finance receivables and loans 0 7 8 15
Commercial        
Accounts, Notes, Loans and Financing Receivable [Line Items]        
Total purchases of finance receivables and loans $ 26 $ 0 $ 26 $ 0
v3.25.3
Finance Receivables and Loans, Net - Schedule of Financing Receivables, Nonaccrual Status (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
Dec. 31, 2023
Receivables [Abstract]                
Financing receivable, nonaccrual, interest income $ 4 $ 4 $ 11 $ 14        
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Financing receivable, recorded investment, nonaccrual status 1,353   1,353   $ 1,359 $ 1,486 $ 1,215 $ 1,394
Financing receivable, nonaccrual, with no allowance 500   500     518    
Consumer                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Financing receivable, recorded investment, nonaccrual status 1,210   1,210   1,203 1,375 1,099 1,275
Financing receivable, nonaccrual, with no allowance 479   479     512    
Consumer | Automotive                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Financing receivable, recorded investment, nonaccrual status 1,140   1,140   1,134 1,231 978 1,129
Financing receivable, nonaccrual, with no allowance 426   426     476    
Consumer | Consumer mortgage finance receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Financing receivable, recorded investment, nonaccrual status 70   70   69 54 41 54
Financing receivable, nonaccrual, with no allowance 53   53     36    
Consumer | Other                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Financing receivable, recorded investment, nonaccrual status 0   0   0 90 80 92
Financing receivable, nonaccrual, with no allowance 0   0     0    
Commercial                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Financing receivable, recorded investment, nonaccrual status 143   143   156 111 116 119
Financing receivable, nonaccrual, with no allowance 21   21     6    
Commercial | Automotive                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Financing receivable, recorded investment, nonaccrual status 9   9   38 15 18 18
Financing receivable, nonaccrual, with no allowance 9   9     0    
Commercial | Consumer mortgage finance receivables                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Financing receivable, recorded investment, nonaccrual status 10   10   20 2 2 3
Financing receivable, nonaccrual, with no allowance 8   8     2    
Commercial | Other                
Accounts, Notes, Loans and Financing Receivable [Line Items]                
Financing receivable, recorded investment, nonaccrual status 124   124   $ 98 94 $ 96 $ 98
Financing receivable, nonaccrual, with no allowance $ 4   $ 4     $ 4    
v3.25.3
Finance Receivables and Loans, Net - Schedule of Financing Receivable Credit Quality Indicators Consumer (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Financing Receivable, Credit Quality Indicator [Line Items]    
Total finance receivables and loans $ 134,567 $ 136,030
Consumer    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total finance receivables and loans 101,247 103,285
Consumer | Consumer automotive, excludes basis adjustment    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 26,611 30,919
Year two, originated, fiscal year before current fiscal year 23,225 21,604
Year three, originated, two years before current fiscal year 15,513 16,607
Year four, originated, three years before current fiscal year 11,353 9,247
Year five, originated, four years before current fiscal year 5,750 3,344
Originated, more than five years before current fiscal year 2,544 2,077
Revolving loans 0 0
Revolving loans converted to term 0 0
Total finance receivables and loans 84,996 83,798
Consumer | Consumer mortgage finance receivables    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 0 13
Year two, originated, fiscal year before current fiscal year 18 33
Year three, originated, two years before current fiscal year 31 1,914
Year four, originated, three years before current fiscal year 1,811 9,856
Year five, originated, four years before current fiscal year 9,421 1,721
Originated, more than five years before current fiscal year 4,861 3,564
Revolving loans 99 116
Revolving loans converted to term 12 17
Total finance receivables and loans 16,253 17,234
Consumer | Other    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year   0
Year two, originated, fiscal year before current fiscal year   0
Year three, originated, two years before current fiscal year   0
Year four, originated, three years before current fiscal year   0
Year five, originated, four years before current fiscal year   0
Originated, more than five years before current fiscal year   0
Revolving loans   2,294
Revolving loans converted to term   0
Total finance receivables and loans 0 2,294
Consumer | Automotive    
Financing Receivable, Credit Quality Indicator [Line Items]    
Total finance receivables and loans 84,994 83,757
Liability excluded from amortized cost of hedged asset, portfolio layer method 2 41
Consumer Portfolio Segment, Excludes Basis Adjustment for Automotive Loans    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 26,611 30,932
Year two, originated, fiscal year before current fiscal year 23,243 21,637
Year three, originated, two years before current fiscal year 15,544 18,521
Year four, originated, three years before current fiscal year 13,164 19,103
Year five, originated, four years before current fiscal year 15,171 5,065
Originated, more than five years before current fiscal year 7,405 5,641
Revolving loans 99 2,410
Revolving loans converted to term 12 17
Total finance receivables and loans 101,249 103,326
Current | Consumer | Consumer automotive, excludes basis adjustment    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 26,219 30,322
Year two, originated, fiscal year before current fiscal year 22,326 20,387
Year three, originated, two years before current fiscal year 14,493 15,234
Year four, originated, three years before current fiscal year 10,345 8,368
Year five, originated, four years before current fiscal year 5,166 3,064
Originated, more than five years before current fiscal year 2,281 1,849
Revolving loans 0 0
Revolving loans converted to term 0 0
Total finance receivables and loans 80,830 79,224
Current | Consumer | Consumer mortgage finance receivables    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 0 13
Year two, originated, fiscal year before current fiscal year 18 31
Year three, originated, two years before current fiscal year 31 1,901
Year four, originated, three years before current fiscal year 1,791 9,834
Year five, originated, four years before current fiscal year 9,376 1,714
Originated, more than five years before current fiscal year 4,803 3,503
Revolving loans 97 115
Revolving loans converted to term 10 15
Total finance receivables and loans 16,126 17,126
Current | Consumer | Other    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year   0
Year two, originated, fiscal year before current fiscal year   0
Year three, originated, two years before current fiscal year   0
Year four, originated, three years before current fiscal year   0
Year five, originated, four years before current fiscal year   0
Originated, more than five years before current fiscal year   0
Revolving loans   2,140
Revolving loans converted to term   0
Total finance receivables and loans   2,140
30–59 days past due | Consumer | Consumer automotive, excludes basis adjustment    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 284 419
Year two, originated, fiscal year before current fiscal year 578 756
Year three, originated, two years before current fiscal year 633 841
Year four, originated, three years before current fiscal year 615 546
Year five, originated, four years before current fiscal year 366 174
Originated, more than five years before current fiscal year 162 141
Revolving loans 0 0
Revolving loans converted to term 0 0
Total finance receivables and loans 2,638 2,877
30–59 days past due | Consumer | Consumer mortgage finance receivables    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 0 0
Year two, originated, fiscal year before current fiscal year 0 0
Year three, originated, two years before current fiscal year 0 7
Year four, originated, three years before current fiscal year 9 9
Year five, originated, four years before current fiscal year 26 5
Originated, more than five years before current fiscal year 24 27
Revolving loans 1 0
Revolving loans converted to term 0 0
Total finance receivables and loans 60 48
30–59 days past due | Consumer | Other    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year   0
Year two, originated, fiscal year before current fiscal year   0
Year three, originated, two years before current fiscal year   0
Year four, originated, three years before current fiscal year   0
Year five, originated, four years before current fiscal year   0
Originated, more than five years before current fiscal year   0
Revolving loans   35
Revolving loans converted to term   0
Total finance receivables and loans   35
60–89 days past due | Consumer | Consumer automotive, excludes basis adjustment    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 78 131
Year two, originated, fiscal year before current fiscal year 232 338
Year three, originated, two years before current fiscal year 283 390
Year four, originated, three years before current fiscal year 287 240
Year five, originated, four years before current fiscal year 156 75
Originated, more than five years before current fiscal year 68 56
Revolving loans 0 0
Revolving loans converted to term 0 0
Total finance receivables and loans 1,104 1,230
60–89 days past due | Consumer | Consumer mortgage finance receivables    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 0 0
Year two, originated, fiscal year before current fiscal year 0 0
Year three, originated, two years before current fiscal year 0 4
Year four, originated, three years before current fiscal year 5 4
Year five, originated, four years before current fiscal year 2 1
Originated, more than five years before current fiscal year 5 4
Revolving loans 0 0
Revolving loans converted to term 0 0
Total finance receivables and loans 12 13
60–89 days past due | Consumer | Other    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year   0
Year two, originated, fiscal year before current fiscal year   0
Year three, originated, two years before current fiscal year   0
Year four, originated, three years before current fiscal year   0
Year five, originated, four years before current fiscal year   0
Originated, more than five years before current fiscal year   0
Revolving loans   33
Revolving loans converted to term   0
Total finance receivables and loans   33
90 or more days past due | Consumer | Consumer automotive, excludes basis adjustment    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 30 47
Year two, originated, fiscal year before current fiscal year 89 123
Year three, originated, two years before current fiscal year 104 142
Year four, originated, three years before current fiscal year 106 93
Year five, originated, four years before current fiscal year 62 31
Originated, more than five years before current fiscal year 33 31
Revolving loans 0 0
Revolving loans converted to term 0 0
Total finance receivables and loans 424 467
90 or more days past due | Consumer | Consumer mortgage finance receivables    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 0 0
Year two, originated, fiscal year before current fiscal year 0 2
Year three, originated, two years before current fiscal year 0 2
Year four, originated, three years before current fiscal year 6 9
Year five, originated, four years before current fiscal year 17 1
Originated, more than five years before current fiscal year 29 30
Revolving loans 1 1
Revolving loans converted to term 2 2
Total finance receivables and loans $ 55 47
90 or more days past due | Consumer | Other    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year   0
Year two, originated, fiscal year before current fiscal year   0
Year three, originated, two years before current fiscal year   0
Year four, originated, three years before current fiscal year   0
Year five, originated, four years before current fiscal year   0
Originated, more than five years before current fiscal year   0
Revolving loans   86
Revolving loans converted to term   0
Total finance receivables and loans   $ 86
v3.25.3
Finance Receivables and Loans, Net - Schedule of Financing Receivable Credit Quality Indicators Commercial (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Financing Receivable, Credit Quality Indicator [Line Items]    
Total finance receivables and loans $ 134,567 $ 136,030
Commercial    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 2,033 2,197
Year two, originated, fiscal year before current fiscal year 2,224 1,652
Year three, originated, two years before current fiscal year 1,315 2,305
Year four, originated, three years before current fiscal year 1,991 1,739
Year five, originated, four years before current fiscal year 1,527 1,109
Originated, more than five years before current fiscal year 2,295 1,555
Revolving loans 21,727 22,032
Revolving loans converted to term 208 156
Total finance receivables and loans 33,320 32,745
Automotive | Commercial    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 271 525
Year two, originated, fiscal year before current fiscal year 439 374
Year three, originated, two years before current fiscal year 289 352
Year four, originated, three years before current fiscal year 293 150
Year five, originated, four years before current fiscal year 122 67
Originated, more than five years before current fiscal year 84 53
Revolving loans 15,639 16,738
Revolving loans converted to term 0 0
Total finance receivables and loans 17,137 18,259
Automotive | Pass | Commercial    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 269 522
Year two, originated, fiscal year before current fiscal year 437 336
Year three, originated, two years before current fiscal year 266 337
Year four, originated, three years before current fiscal year 281 125
Year five, originated, four years before current fiscal year 103 64
Originated, more than five years before current fiscal year 81 52
Revolving loans 14,303 15,005
Revolving loans converted to term 0 0
Total finance receivables and loans 15,740 16,441
Automotive | Special mention | Commercial    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 2 3
Year two, originated, fiscal year before current fiscal year 2 38
Year three, originated, two years before current fiscal year 23 15
Year four, originated, three years before current fiscal year 12 25
Year five, originated, four years before current fiscal year 19 3
Originated, more than five years before current fiscal year 3 1
Revolving loans 1,290 1,694
Revolving loans converted to term 0 0
Total finance receivables and loans 1,351 1,779
Automotive | Substandard | Commercial    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 0 0
Year two, originated, fiscal year before current fiscal year 0 0
Year three, originated, two years before current fiscal year 0 0
Year four, originated, three years before current fiscal year 0 0
Year five, originated, four years before current fiscal year 0 0
Originated, more than five years before current fiscal year 0 0
Revolving loans 46 33
Revolving loans converted to term 0 0
Total finance receivables and loans 46 33
Automotive | Doubtful | Commercial    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year   0
Year two, originated, fiscal year before current fiscal year   0
Year three, originated, two years before current fiscal year   0
Year four, originated, three years before current fiscal year   0
Year five, originated, four years before current fiscal year   0
Originated, more than five years before current fiscal year   0
Revolving loans   6
Revolving loans converted to term   0
Total finance receivables and loans   6
Other | Commercial    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 561 707
Year two, originated, fiscal year before current fiscal year 667 323
Year three, originated, two years before current fiscal year 173 655
Year four, originated, three years before current fiscal year 547 502
Year five, originated, four years before current fiscal year 396 250
Originated, more than five years before current fiscal year 598 361
Revolving loans 6,077 5,294
Revolving loans converted to term 150 120
Total finance receivables and loans 9,169 8,212
Other | Pass | Commercial    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 561 707
Year two, originated, fiscal year before current fiscal year 636 296
Year three, originated, two years before current fiscal year 173 261
Year four, originated, three years before current fiscal year 315 199
Year five, originated, four years before current fiscal year 216 18
Originated, more than five years before current fiscal year 332 205
Revolving loans 5,711 5,047
Revolving loans converted to term 128 84
Total finance receivables and loans 8,072 6,817
Other | Special mention | Commercial    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 0 0
Year two, originated, fiscal year before current fiscal year 31 0
Year three, originated, two years before current fiscal year 0 394
Year four, originated, three years before current fiscal year 232 280
Year five, originated, four years before current fiscal year 160 186
Originated, more than five years before current fiscal year 97 76
Revolving loans 308 226
Revolving loans converted to term 22 32
Total finance receivables and loans 850 1,194
Other | Substandard | Commercial    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 0 0
Year two, originated, fiscal year before current fiscal year 0 27
Year three, originated, two years before current fiscal year 0 0
Year four, originated, three years before current fiscal year 0 23
Year five, originated, four years before current fiscal year 20 46
Originated, more than five years before current fiscal year 62 54
Revolving loans 42 12
Revolving loans converted to term 0 4
Total finance receivables and loans 124 166
Other | Doubtful | Commercial    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 0 0
Year two, originated, fiscal year before current fiscal year 0 0
Year three, originated, two years before current fiscal year 0 0
Year four, originated, three years before current fiscal year 0 0
Year five, originated, four years before current fiscal year 0 0
Originated, more than five years before current fiscal year 107 26
Revolving loans 16 9
Revolving loans converted to term 0 0
Total finance receivables and loans 123 35
Commercial real estate | Commercial    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 1,201 965
Year two, originated, fiscal year before current fiscal year 1,118 955
Year three, originated, two years before current fiscal year 853 1,298
Year four, originated, three years before current fiscal year 1,151 1,087
Year five, originated, four years before current fiscal year 1,009 792
Originated, more than five years before current fiscal year 1,613 1,141
Revolving loans 11 0
Revolving loans converted to term 58 36
Total finance receivables and loans 7,014 6,274
Commercial real estate | Pass | Commercial    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 1,198 959
Year two, originated, fiscal year before current fiscal year 1,076 904
Year three, originated, two years before current fiscal year 804 1,228
Year four, originated, three years before current fiscal year 1,051 1,030
Year five, originated, four years before current fiscal year 963 757
Originated, more than five years before current fiscal year 1,576 1,137
Revolving loans 11 0
Revolving loans converted to term 58 36
Total finance receivables and loans 6,737 6,051
Commercial real estate | Special mention | Commercial    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 3 6
Year two, originated, fiscal year before current fiscal year 42 51
Year three, originated, two years before current fiscal year 45 69
Year four, originated, three years before current fiscal year 94 57
Year five, originated, four years before current fiscal year 46 35
Originated, more than five years before current fiscal year 37 3
Revolving loans 0 0
Revolving loans converted to term 0 0
Total finance receivables and loans 267 221
Commercial real estate | Substandard | Commercial    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 0  
Year two, originated, fiscal year before current fiscal year 0  
Year three, originated, two years before current fiscal year 2  
Year four, originated, three years before current fiscal year 5  
Year five, originated, four years before current fiscal year 0  
Originated, more than five years before current fiscal year 0  
Revolving loans 0  
Revolving loans converted to term 0  
Total finance receivables and loans 7  
Commercial real estate | Doubtful | Commercial    
Financing Receivable, Credit Quality Indicator [Line Items]    
Year one, originated, current fiscal year 0 0
Year two, originated, fiscal year before current fiscal year 0 0
Year three, originated, two years before current fiscal year 2 1
Year four, originated, three years before current fiscal year 1 0
Year five, originated, four years before current fiscal year 0 0
Originated, more than five years before current fiscal year 0 1
Revolving loans 0 0
Revolving loans converted to term 0 0
Total finance receivables and loans $ 3 $ 2
v3.25.3
Finance Receivables and Loans, Net - Schedule of Past Due Financing Receivables and Loans Commercial (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net $ 134,567 $ 136,030
Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 33,320 32,745
Automotive | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 17,137 18,259
Other | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 9,169 8,212
Commercial real estate | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 7,014 6,274
Total past due | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 71 42
Total past due | Automotive | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 0 5
Total past due | Other | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 70 35
Total past due | Commercial real estate | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 1 2
30–59 days past due | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 3 41
30–59 days past due | Automotive | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 0 5
30–59 days past due | Other | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 3 35
30–59 days past due | Commercial real estate | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 0 1
60–89 days past due | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 0 0
60–89 days past due | Automotive | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 0 0
60–89 days past due | Other | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 0 0
60–89 days past due | Commercial real estate | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 0 0
90 or more days past due | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 68 1
90 or more days past due | Automotive | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 0 0
90 or more days past due | Other | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 67 0
90 or more days past due | Commercial real estate | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 1 1
Current | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 33,249 32,703
Current | Automotive | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 17,137 18,254
Current | Other | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net 9,099 8,177
Current | Commercial real estate | Commercial    
Financing Receivable, Past Due [Line Items]    
Finance receivables and loans, net $ 7,013 $ 6,272
v3.25.3
Finance Receivables and Loans, Net - Schedule of Financing Receivable Gross Charge-Offs (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Financing Receivable, Credit Quality Indicator [Line Items]          
Year one, originated, current fiscal year, writeoff     $ 65   $ 160
Year two, originated, fiscal year before current fiscal year, writeoff     405   779
Year three, originated, two years before current fiscal year, writeoff     574   943
Year four, originated, three years before current fiscal year, writeoff     518   511
Year five, originated, four years before current fiscal year, writeoff     254   137
More than five years before current fiscal year, writeoff     124   154
Revolving loans     65   248
Revolving loans converted to term     4   16
Total $ 662 $ 744 2,009 $ 2,178 2,948
Write-downs from transfers to held-for-sale       5  
Consumer          
Financing Receivable, Credit Quality Indicator [Line Items]          
Year one, originated, current fiscal year, writeoff     65   160
Year two, originated, fiscal year before current fiscal year, writeoff     405   779
Year three, originated, two years before current fiscal year, writeoff     574   943
Year four, originated, three years before current fiscal year, writeoff     518   511
Year five, originated, four years before current fiscal year, writeoff     253   137
More than five years before current fiscal year, writeoff     124   153
Revolving loans     64   246
Revolving loans converted to term     4   16
Total     2,007   2,945
Consumer | Automotive          
Financing Receivable, Credit Quality Indicator [Line Items]          
Year one, originated, current fiscal year, writeoff     65   160
Year two, originated, fiscal year before current fiscal year, writeoff     405   779
Year three, originated, two years before current fiscal year, writeoff     574   943
Year four, originated, three years before current fiscal year, writeoff     517   510
Year five, originated, four years before current fiscal year, writeoff     252   137
More than five years before current fiscal year, writeoff     124   152
Revolving loans     0   0
Revolving loans converted to term     0   0
Total 662 683 1,937 1,976 2,681
Write-downs from transfers to held-for-sale       5 5
Consumer | Consumer mortgage finance receivables          
Financing Receivable, Credit Quality Indicator [Line Items]          
Year one, originated, current fiscal year, writeoff     0   0
Year two, originated, fiscal year before current fiscal year, writeoff     0   0
Year three, originated, two years before current fiscal year, writeoff     0   0
Year four, originated, three years before current fiscal year, writeoff     1   1
Year five, originated, four years before current fiscal year, writeoff     1   0
More than five years before current fiscal year, writeoff     0   1
Revolving loans     0   0
Revolving loans converted to term     0   0
Total 0 0 2 1 2
Write-downs from transfers to held-for-sale       0  
Consumer | Other          
Financing Receivable, Credit Quality Indicator [Line Items]          
Year one, originated, current fiscal year, writeoff     0   0
Year two, originated, fiscal year before current fiscal year, writeoff     0   0
Year three, originated, two years before current fiscal year, writeoff     0   0
Year four, originated, three years before current fiscal year, writeoff     0   0
Year five, originated, four years before current fiscal year, writeoff     0   0
More than five years before current fiscal year, writeoff     0   0
Revolving loans     64   246
Revolving loans converted to term     4   16
Total   61 68 199 262
Write-downs from transfers to held-for-sale       0  
Commercial          
Financing Receivable, Credit Quality Indicator [Line Items]          
Year one, originated, current fiscal year, writeoff     0   0
Year two, originated, fiscal year before current fiscal year, writeoff     0   0
Year three, originated, two years before current fiscal year, writeoff     0   0
Year four, originated, three years before current fiscal year, writeoff     0   0
Year five, originated, four years before current fiscal year, writeoff     1   0
More than five years before current fiscal year, writeoff     0   1
Revolving loans     1   2
Revolving loans converted to term     0   0
Total $ 0 $ 0 2 2 3
Write-downs from transfers to held-for-sale       $ 0  
Commercial | Automotive          
Financing Receivable, Credit Quality Indicator [Line Items]          
Year one, originated, current fiscal year, writeoff     0   0
Year two, originated, fiscal year before current fiscal year, writeoff     0   0
Year three, originated, two years before current fiscal year, writeoff     0   0
Year four, originated, three years before current fiscal year, writeoff     0   0
Year five, originated, four years before current fiscal year, writeoff     1   0
More than five years before current fiscal year, writeoff     0   1
Revolving loans     1   2
Revolving loans converted to term     0   0
Total     $ 2   $ 3
v3.25.3
Finance Receivables and Loans, Net - Schedule of Loan Modifications (Details)
$ in Millions
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2025
USD ($)
loan
Sep. 30, 2024
USD ($)
loan
Dec. 31, 2024
USD ($)
Financing Receivable, Troubled Debt Restructuring              
Trial modifications, term     3 months        
Trial modifications, amount $ 8   $ 8   $ 8   $ 4
Total 267 $ 217 $ 562 $ 556      
Percentage of total     0.40% 0.40%      
Payment deferrals              
Financing Receivable, Troubled Debt Restructuring              
Total 4 0 $ 8 $ 5      
Contractual maturity extensions              
Financing Receivable, Troubled Debt Restructuring              
Total 257 156 527 481      
Principal forgiveness              
Financing Receivable, Troubled Debt Restructuring              
Total 4 3 6 5      
Interest rate concessions              
Financing Receivable, Troubled Debt Restructuring              
Total 1 43 17 50      
Combination              
Financing Receivable, Troubled Debt Restructuring              
Total 1 15 4 15      
Consumer              
Financing Receivable, Troubled Debt Restructuring              
Total 245 140 463 325 574 $ 441  
Consumer | Current              
Financing Receivable, Troubled Debt Restructuring              
Total         466 330  
Consumer | 30–59 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         73 70  
Consumer | 60–89 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         21 26  
Consumer | 90 or more days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         14 15  
Consumer | Payment deferrals              
Financing Receivable, Troubled Debt Restructuring              
Total 1 0 1 0      
Consumer | Contractual maturity extensions              
Financing Receivable, Troubled Debt Restructuring              
Total 238 131 451 307      
Consumer | Principal forgiveness              
Financing Receivable, Troubled Debt Restructuring              
Total 4 3 6 5      
Consumer | Interest rate concessions              
Financing Receivable, Troubled Debt Restructuring              
Total 1 6 1 13      
Consumer | Combination              
Financing Receivable, Troubled Debt Restructuring              
Total 1 0 4 0      
Consumer | Automotive              
Financing Receivable, Troubled Debt Restructuring              
Total 242 132 457 309 $ 568 $ 421  
Number of loans redefaulted | loan         2,075 1,205  
Amortized cost of loans redefaulted         $ 51 $ 29  
Consumer | Automotive | Current              
Financing Receivable, Troubled Debt Restructuring              
Total         462 317  
Consumer | Automotive | 30–59 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         72 67  
Consumer | Automotive | 60–89 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         21 25  
Consumer | Automotive | 90 or more days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         13 12  
Consumer | Automotive | Payment deferrals              
Financing Receivable, Troubled Debt Restructuring              
Total $ 0 $ 0 $ 0 $ 0      
Payment extensions, number of months extended/deferred 36 months 30 months 33 months 29 months      
Consumer | Automotive | Contractual maturity extensions              
Financing Receivable, Troubled Debt Restructuring              
Total $ 237 $ 130 $ 450 $ 305 558 416  
Consumer | Automotive | Contractual maturity extensions | Current              
Financing Receivable, Troubled Debt Restructuring              
Total         459 316  
Consumer | Automotive | Contractual maturity extensions | 30–59 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         72 67  
Consumer | Automotive | Contractual maturity extensions | 60–89 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         20 25  
Consumer | Automotive | Contractual maturity extensions | 90 or more days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         7 8  
Consumer | Automotive | Principal forgiveness              
Financing Receivable, Troubled Debt Restructuring              
Total 4 2 6 4 8 4  
Principal forgiveness, amount forgiven 1 1 2 1      
Consumer | Automotive | Principal forgiveness | Current              
Financing Receivable, Troubled Debt Restructuring              
Total         1 0  
Consumer | Automotive | Principal forgiveness | 30–59 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         0 0  
Consumer | Automotive | Principal forgiveness | 60–89 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         1 0  
Consumer | Automotive | Principal forgiveness | 90 or more days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         6 4  
Consumer | Automotive | Interest rate concessions              
Financing Receivable, Troubled Debt Restructuring              
Total $ 0 $ 0 $ 0 $ 0      
Interest rate concessions, initial rate 0.00% 0.00% 0.00% 0.00%      
Interest rate concessions, revised rate 0.00% 0.00% 0.00% 0.00%      
Consumer | Automotive | Combination              
Financing Receivable, Troubled Debt Restructuring              
Total $ 1 $ 0 $ 1 $ 0 2 1  
Interest rate concessions, initial rate 11.70% 0.00% 12.40% 0.00%      
Interest rate concessions, revised rate 7.60% 0.00% 8.10% 0.00%      
Payment extensions, initial term 69 months   70 months        
Payment extensions, revised term 98 months   95 months        
Consumer | Automotive | Combination | Current              
Financing Receivable, Troubled Debt Restructuring              
Total         2 1  
Consumer | Automotive | Combination | 30–59 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         0 0  
Consumer | Automotive | Combination | 60–89 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         0 0  
Consumer | Automotive | Combination | 90 or more days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         0 0  
Consumer | Consumer mortgage finance receivables              
Financing Receivable, Troubled Debt Restructuring              
Total $ 3 $ 1 $ 6 $ 2 6 4  
Consumer | Consumer mortgage finance receivables | Current              
Financing Receivable, Troubled Debt Restructuring              
Total         4 3  
Consumer | Consumer mortgage finance receivables | 30–59 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         1 1  
Consumer | Consumer mortgage finance receivables | 60–89 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         0 0  
Consumer | Consumer mortgage finance receivables | 90 or more days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         1 0  
Consumer | Consumer mortgage finance receivables | Payment deferrals              
Financing Receivable, Troubled Debt Restructuring              
Total $ 1 $ 0 $ 1 $ 0 1    
Payment extensions, number of months extended/deferred 213 months 126 months 215 months 176 months      
Consumer | Consumer mortgage finance receivables | Payment deferrals | Current              
Financing Receivable, Troubled Debt Restructuring              
Total         0    
Consumer | Consumer mortgage finance receivables | Payment deferrals | 30–59 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         1    
Consumer | Consumer mortgage finance receivables | Payment deferrals | 60–89 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         0    
Consumer | Consumer mortgage finance receivables | Payment deferrals | 90 or more days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         0    
Consumer | Consumer mortgage finance receivables | Contractual maturity extensions              
Financing Receivable, Troubled Debt Restructuring              
Total $ 1 $ 1 $ 1 $ 2 1 3  
Consumer | Consumer mortgage finance receivables | Contractual maturity extensions | Current              
Financing Receivable, Troubled Debt Restructuring              
Total         1 2  
Consumer | Consumer mortgage finance receivables | Contractual maturity extensions | 30–59 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         0 1  
Consumer | Consumer mortgage finance receivables | Contractual maturity extensions | 60–89 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         0 0  
Consumer | Consumer mortgage finance receivables | Contractual maturity extensions | 90 or more days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         0 0  
Consumer | Consumer mortgage finance receivables | Principal forgiveness              
Financing Receivable, Troubled Debt Restructuring              
Total 0 0 0 0      
Principal forgiveness, amount forgiven 0 0 0 0      
Consumer | Consumer mortgage finance receivables | Interest rate concessions              
Financing Receivable, Troubled Debt Restructuring              
Total $ 1 $ 0 $ 1 $ 0 1    
Interest rate concessions, initial rate 2.90% 0.00% 2.90% 0.00%      
Interest rate concessions, revised rate 2.60% 0.00% 2.60% 0.00%      
Consumer | Consumer mortgage finance receivables | Interest rate concessions | Current              
Financing Receivable, Troubled Debt Restructuring              
Total         1    
Consumer | Consumer mortgage finance receivables | Interest rate concessions | 30–59 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         0    
Consumer | Consumer mortgage finance receivables | Interest rate concessions | 60–89 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         0    
Consumer | Consumer mortgage finance receivables | Interest rate concessions | 90 or more days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         0    
Consumer | Consumer mortgage finance receivables | Combination              
Financing Receivable, Troubled Debt Restructuring              
Total $ 0 $ 0 $ 3 $ 0 3 1  
Payment extensions, number of months extended/deferred     134 months        
Interest rate concessions, initial rate 0.00% 0.00% 4.10% 0.00%      
Interest rate concessions, revised rate 0.00% 0.00% 2.30% 0.00%      
Payment extensions, initial term     284 months        
Payment extensions, revised term     408 months        
Consumer | Consumer mortgage finance receivables | Combination | Current              
Financing Receivable, Troubled Debt Restructuring              
Total         2 1  
Consumer | Consumer mortgage finance receivables | Combination | 30–59 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         0 0  
Consumer | Consumer mortgage finance receivables | Combination | 60–89 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         0 0  
Consumer | Consumer mortgage finance receivables | Combination | 90 or more days past due              
Financing Receivable, Troubled Debt Restructuring              
Total         1 0  
Consumer | Other              
Financing Receivable, Troubled Debt Restructuring              
Total   $ 7   $ 14   16  
Consumer | Other | Current              
Financing Receivable, Troubled Debt Restructuring              
Total           10  
Consumer | Other | 30–59 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total           2  
Consumer | Other | 60–89 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total           1  
Consumer | Other | 90 or more days past due              
Financing Receivable, Troubled Debt Restructuring              
Total           3  
Consumer | Other | Payment deferrals              
Financing Receivable, Troubled Debt Restructuring              
Total   0   0      
Consumer | Other | Contractual maturity extensions              
Financing Receivable, Troubled Debt Restructuring              
Total   0   0      
Consumer | Other | Principal forgiveness              
Financing Receivable, Troubled Debt Restructuring              
Total   1   1      
Principal forgiveness, amount forgiven   1   1      
Consumer | Other | Interest rate concessions              
Financing Receivable, Troubled Debt Restructuring              
Total   $ 6   $ 13   16  
Interest rate concessions, initial rate   30.40%   30.40%      
Interest rate concessions, revised rate   10.40%   7.90%      
Consumer | Other | Interest rate concessions | Current              
Financing Receivable, Troubled Debt Restructuring              
Total           10  
Consumer | Other | Interest rate concessions | 30–59 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total           2  
Consumer | Other | Interest rate concessions | 60–89 days past due              
Financing Receivable, Troubled Debt Restructuring              
Total           1  
Consumer | Other | Interest rate concessions | 90 or more days past due              
Financing Receivable, Troubled Debt Restructuring              
Total           3  
Consumer | Other | Combination              
Financing Receivable, Troubled Debt Restructuring              
Total   $ 0   $ 0      
Interest rate concessions, initial rate   0.00%   0.00%      
Interest rate concessions, revised rate   0.00%   0.00%      
Commercial              
Financing Receivable, Troubled Debt Restructuring              
Total $ 22 $ 77 $ 99 $ 231 99 231  
Commercial | Pass              
Financing Receivable, Troubled Debt Restructuring              
Total         0 118  
Commercial | Special mention              
Financing Receivable, Troubled Debt Restructuring              
Total         50 0  
Commercial | Substandard              
Financing Receivable, Troubled Debt Restructuring              
Total         45 112  
Commercial | Doubtful              
Financing Receivable, Troubled Debt Restructuring              
Total         4 1  
Commercial | Payment deferrals              
Financing Receivable, Troubled Debt Restructuring              
Total $ 3 $ 0 $ 7 $ 5      
Payment extensions, number of months extended/deferred 21 months 15 months 16 months 36 months      
Commercial | Contractual maturity extensions              
Financing Receivable, Troubled Debt Restructuring              
Total $ 19 $ 25 $ 76 $ 174      
Commercial | Principal forgiveness              
Financing Receivable, Troubled Debt Restructuring              
Total 0 0 0 0      
Principal forgiveness, amount forgiven 0 0 0 0      
Commercial | Interest rate concessions              
Financing Receivable, Troubled Debt Restructuring              
Total $ 0 $ 37 $ 16 $ 37      
Interest rate concessions, initial rate 0.00% 11.00% 11.80% 11.00%      
Interest rate concessions, revised rate 0.00% 7.90% 7.00% 7.90%      
Commercial | Combination              
Financing Receivable, Troubled Debt Restructuring              
Total $ 0 $ 15 $ 0 $ 15      
Interest rate concessions, initial rate 0.00% 5.70% 0.00% 5.70%      
Interest rate concessions, revised rate 0.00% 4.30% 0.00% 4.30%      
Payment extensions, initial term   7 months   7 months      
Payment extensions, revised term   61 months   61 months      
Commercial | Automotive              
Financing Receivable, Troubled Debt Restructuring              
Total   $ 37 $ 9 $ 42 9 42  
Commercial | Automotive | Pass              
Financing Receivable, Troubled Debt Restructuring              
Total         0 0  
Commercial | Automotive | Special mention              
Financing Receivable, Troubled Debt Restructuring              
Total         0 0  
Commercial | Automotive | Substandard              
Financing Receivable, Troubled Debt Restructuring              
Total         9 42  
Commercial | Automotive | Doubtful              
Financing Receivable, Troubled Debt Restructuring              
Total         0 0  
Commercial | Automotive | Payment deferrals              
Financing Receivable, Troubled Debt Restructuring              
Total   0 0 $ 5   5  
Payment extensions, number of months extended/deferred       10 months      
Commercial | Automotive | Payment deferrals | Pass              
Financing Receivable, Troubled Debt Restructuring              
Total           0  
Commercial | Automotive | Payment deferrals | Special mention              
Financing Receivable, Troubled Debt Restructuring              
Total           0  
Commercial | Automotive | Payment deferrals | Substandard              
Financing Receivable, Troubled Debt Restructuring              
Total           5  
Commercial | Automotive | Payment deferrals | Doubtful              
Financing Receivable, Troubled Debt Restructuring              
Total           0  
Commercial | Automotive | Contractual maturity extensions              
Financing Receivable, Troubled Debt Restructuring              
Total   0 0 $ 0      
Commercial | Automotive | Principal forgiveness              
Financing Receivable, Troubled Debt Restructuring              
Total   0 0 0      
Principal forgiveness, amount forgiven   0 0 0      
Commercial | Automotive | Interest rate concessions              
Financing Receivable, Troubled Debt Restructuring              
Total   $ 37 $ 9 $ 37 9 37  
Interest rate concessions, initial rate   11.00% 12.50% 11.00%      
Interest rate concessions, revised rate   7.90% 7.90% 7.90%      
Commercial | Automotive | Interest rate concessions | Pass              
Financing Receivable, Troubled Debt Restructuring              
Total         0 0  
Commercial | Automotive | Interest rate concessions | Special mention              
Financing Receivable, Troubled Debt Restructuring              
Total         0 0  
Commercial | Automotive | Interest rate concessions | Substandard              
Financing Receivable, Troubled Debt Restructuring              
Total         9 37  
Commercial | Automotive | Interest rate concessions | Doubtful              
Financing Receivable, Troubled Debt Restructuring              
Total         0 0  
Commercial | Automotive | Combination              
Financing Receivable, Troubled Debt Restructuring              
Total   $ 0 $ 0 $ 0      
Interest rate concessions, initial rate   0.00% 0.00% 0.00%      
Interest rate concessions, revised rate   0.00% 0.00% 0.00%      
Commercial | Other              
Financing Receivable, Troubled Debt Restructuring              
Total $ 19 $ 39 $ 79 $ 188 79 188  
Commercial | Other | Pass              
Financing Receivable, Troubled Debt Restructuring              
Total         0 118  
Commercial | Other | Special mention              
Financing Receivable, Troubled Debt Restructuring              
Total         47 0  
Commercial | Other | Substandard              
Financing Receivable, Troubled Debt Restructuring              
Total         29 70  
Commercial | Other | Doubtful              
Financing Receivable, Troubled Debt Restructuring              
Total         3 0  
Commercial | Other | Payment deferrals              
Financing Receivable, Troubled Debt Restructuring              
Total $ 0 $ 0 $ 3 $ 0 3    
Payment extensions, number of months extended/deferred 24 months 15 months 17 months 37 months      
Commercial | Other | Payment deferrals | Pass              
Financing Receivable, Troubled Debt Restructuring              
Total         0    
Commercial | Other | Payment deferrals | Special mention              
Financing Receivable, Troubled Debt Restructuring              
Total         0    
Commercial | Other | Payment deferrals | Substandard              
Financing Receivable, Troubled Debt Restructuring              
Total         0    
Commercial | Other | Payment deferrals | Doubtful              
Financing Receivable, Troubled Debt Restructuring              
Total         3    
Commercial | Other | Contractual maturity extensions              
Financing Receivable, Troubled Debt Restructuring              
Total $ 19 $ 25 $ 76 $ 174 76 174  
Commercial | Other | Contractual maturity extensions | Pass              
Financing Receivable, Troubled Debt Restructuring              
Total         0 118  
Commercial | Other | Contractual maturity extensions | Special mention              
Financing Receivable, Troubled Debt Restructuring              
Total         47 0  
Commercial | Other | Contractual maturity extensions | Substandard              
Financing Receivable, Troubled Debt Restructuring              
Total         29 56  
Commercial | Other | Contractual maturity extensions | Doubtful              
Financing Receivable, Troubled Debt Restructuring              
Total         0 0  
Commercial | Other | Principal forgiveness              
Financing Receivable, Troubled Debt Restructuring              
Total 0 0 0 0      
Principal forgiveness, amount forgiven 0 0 0 0      
Commercial | Other | Interest rate concessions              
Financing Receivable, Troubled Debt Restructuring              
Total $ 0 $ 0 $ 0 $ 0      
Interest rate concessions, initial rate 0.00% 0.00% 0.00% 0.00%      
Interest rate concessions, revised rate 0.00% 0.00% 0.00% 0.00%      
Commercial | Other | Combination              
Financing Receivable, Troubled Debt Restructuring              
Total $ 0 $ 14 $ 0 $ 14   14  
Interest rate concessions, initial rate 0.00% 5.50% 0.00% 5.50%      
Interest rate concessions, revised rate 0.00% 4.30% 0.00% 4.30%      
Payment extensions, initial term   4 months   4 months      
Payment extensions, revised term   60 months   60 months      
Commercial | Other | Combination | Pass              
Financing Receivable, Troubled Debt Restructuring              
Total           0  
Commercial | Other | Combination | Special mention              
Financing Receivable, Troubled Debt Restructuring              
Total           0  
Commercial | Other | Combination | Substandard              
Financing Receivable, Troubled Debt Restructuring              
Total           14  
Commercial | Other | Combination | Doubtful              
Financing Receivable, Troubled Debt Restructuring              
Total           0  
Commercial | Commercial real estate              
Financing Receivable, Troubled Debt Restructuring              
Total $ 3 $ 1 $ 11 $ 1 11 1  
Commercial | Commercial real estate | Pass              
Financing Receivable, Troubled Debt Restructuring              
Total         0 0  
Commercial | Commercial real estate | Special mention              
Financing Receivable, Troubled Debt Restructuring              
Total         3 0  
Commercial | Commercial real estate | Substandard              
Financing Receivable, Troubled Debt Restructuring              
Total         7 0  
Commercial | Commercial real estate | Doubtful              
Financing Receivable, Troubled Debt Restructuring              
Total         1 1  
Commercial | Commercial real estate | Payment deferrals              
Financing Receivable, Troubled Debt Restructuring              
Total $ 3 0 $ 4 0 4    
Payment extensions, number of months extended/deferred 6 months   6 months        
Commercial | Commercial real estate | Payment deferrals | Pass              
Financing Receivable, Troubled Debt Restructuring              
Total         0    
Commercial | Commercial real estate | Payment deferrals | Special mention              
Financing Receivable, Troubled Debt Restructuring              
Total         3    
Commercial | Commercial real estate | Payment deferrals | Substandard              
Financing Receivable, Troubled Debt Restructuring              
Total         0    
Commercial | Commercial real estate | Payment deferrals | Doubtful              
Financing Receivable, Troubled Debt Restructuring              
Total         1    
Commercial | Commercial real estate | Contractual maturity extensions              
Financing Receivable, Troubled Debt Restructuring              
Total $ 0 0 $ 0 0      
Commercial | Commercial real estate | Principal forgiveness              
Financing Receivable, Troubled Debt Restructuring              
Total 0 0 0 0      
Principal forgiveness, amount forgiven 0 0 0 0      
Commercial | Commercial real estate | Interest rate concessions              
Financing Receivable, Troubled Debt Restructuring              
Total $ 0 $ 0 $ 7 $ 0 7    
Interest rate concessions, initial rate 0.00% 0.00% 10.90% 0.00%      
Interest rate concessions, revised rate 0.00% 0.00% 5.90% 0.00%      
Commercial | Commercial real estate | Interest rate concessions | Pass              
Financing Receivable, Troubled Debt Restructuring              
Total         0    
Commercial | Commercial real estate | Interest rate concessions | Special mention              
Financing Receivable, Troubled Debt Restructuring              
Total         0    
Commercial | Commercial real estate | Interest rate concessions | Substandard              
Financing Receivable, Troubled Debt Restructuring              
Total         7    
Commercial | Commercial real estate | Interest rate concessions | Doubtful              
Financing Receivable, Troubled Debt Restructuring              
Total         $ 0    
Commercial | Commercial real estate | Combination              
Financing Receivable, Troubled Debt Restructuring              
Total $ 0 $ 1 $ 0 $ 1   1  
Interest rate concessions, initial rate 0.00% 11.00% 0.00% 11.00%      
Interest rate concessions, revised rate 0.00% 6.00% 0.00% 6.00%      
Payment extensions, initial term   84 months   84 months      
Payment extensions, revised term   90 months   90 months      
Commercial | Commercial real estate | Combination | Pass              
Financing Receivable, Troubled Debt Restructuring              
Total           0  
Commercial | Commercial real estate | Combination | Special mention              
Financing Receivable, Troubled Debt Restructuring              
Total           0  
Commercial | Commercial real estate | Combination | Substandard              
Financing Receivable, Troubled Debt Restructuring              
Total           0  
Commercial | Commercial real estate | Combination | Doubtful              
Financing Receivable, Troubled Debt Restructuring              
Total           $ 1  
v3.25.3
Leasing - Ally as the Lessee (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Lessee, Lease, Description [Line Items]          
Noncancelable lease term     367 days    
Lease extension, maximum     48 months    
Cash paid for amounts included in the measurement of lease liabilities $ 9 $ 9 $ 27 $ 26  
Right-of-use asset obtained in exchange for operating lease liability     $ 25 $ 19  
Operating lease, weighted-average remaining lease term 4 years   4 years   3 years
Operating lease, weighted average discount rate 3.56%   3.56%   3.32%
Minimum          
Lessee, Lease, Description [Line Items]          
Operating lease remaining lease term 7 months   7 months    
Maximum          
Lessee, Lease, Description [Line Items]          
Operating lease remaining lease term 11 years   11 years    
v3.25.3
Leasing - Schedule of Lessee, Operating Lease, Liability, Maturity (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Leases [Abstract]    
2025 $ 10  
2026 38  
2027 30  
2028 21  
2029 3  
2030 and thereafter 13  
Total undiscounted cash flows 115  
Difference between undiscounted cash flows and discounted cash flows (9)  
Total lease liability $ 106 $ 111
v3.25.3
Leasing - Schedule of Lease, Cost (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Leases [Abstract]        
Operating lease expense $ 7 $ 7 $ 23 $ 22
Variable lease expense 1 1 3 3
Total lease expense, net $ 8 $ 8 $ 26 $ 25
v3.25.3
Leasing - Schedule of Ally as the Lessor (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Property, Plant, and Equipment, Lessor Asset under Operating Lease [Line Items]    
Vehicles $ 9,944 $ 9,519
Accumulated depreciation (1,345) (1,528)
Investment in operating leases, net $ 8,599 7,991
Minimum    
Property, Plant, and Equipment, Lessor Asset under Operating Lease [Line Items]    
Lessor, term of contract 24 months  
Maximum    
Property, Plant, and Equipment, Lessor Asset under Operating Lease [Line Items]    
Lessor, term of contract 60 months  
Vehicles    
Property, Plant, and Equipment, Lessor Asset under Operating Lease [Line Items]    
Residual value of leased asset $ 3,500 $ 1,900
Vehicles | 50% Of Contract Residual Value    
Property, Plant, and Equipment, Lessor Asset under Operating Lease [Line Items]    
Residual value guarantee, percentage 50.00% 50.00%
v3.25.3
Leasing - Schedule of Lessor, Operating Lease, Payments to be Received, Maturity (Details)
$ in Millions
Sep. 30, 2025
USD ($)
Leases [Abstract]  
2025 $ 391
2026 1,336
2027 807
2028 226
2029 20
2030 and thereafter 1
Total lease payments from operating leases $ 2,781
v3.25.3
Leasing - Schedule of Depreciation Expense on Operating Lease Assets (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Leases [Abstract]        
Operating lease revenue $ 365 $ 316 $ 1,068 $ 1,005
Depreciation expense on operating lease assets (excluding remarketing gains and losses) 226 193 663 645
Remarketing (gains) losses, net (1) (24) 18 (129)
Net depreciation expense on operating lease assets 225 169 681 516
Variable lease payments, excessive wear and tear $ 5 $ 6 $ 17 $ 16
v3.25.3
Leasing - Schedule of Sales-type and Direct Financing Leases, Lease Receivable, Maturity (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Leases [Abstract]          
Direct financing lease, net investment in lease $ 491   $ 491   $ 496
Direct financing lease, interest income 10 $ 11 31 $ 34  
2025 51   51    
2026 177   177    
2027 144   144    
2028 110   110    
2029 54   54    
2030 and thereafter 31   31    
Total undiscounted cash flows 567   567    
Difference between undiscounted cash flows and discounted cash flows (76)   (76)    
Present value of lease payments recorded as lease receivable $ 491   $ 491    
v3.25.3
Securitizations and Variable Interest Entities - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Securitizations And Variable Interest Entities [Abstract]        
(Loss) gain on sales of financial assets $ (3) $ 1 $ (5) $ 2
v3.25.3
Securitizations and Variable Interest Entities - Schedule of Variable Interest Entities (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Sep. 30, 2024
Variable Interest Entity [Line Items]      
Carrying value of total assets $ 191,711 $ 191,836 $ 192,670
Carrying value of total liabilities 176,594 177,933  
Assets sold to nonconsolidated VIEs 3,057 2,971  
Maximum exposure to loss in nonconsolidated VIEs 6,696 6,545  
Non-recourse debt 16,749 17,495  
Held-to-maturity securities 4,433 4,346  
Other assets 10,695 10,660  
Equity securities 865 871  
Variable Interest Entity      
Variable Interest Entity [Line Items]      
Carrying value of total assets 14,406 15,681  
Carrying value of total liabilities 1,911 2,705  
On‑balance sheet variable interest entities      
Variable Interest Entity [Line Items]      
Carrying value of total assets 2,812 4,666  
Carrying value of total liabilities 914 1,565  
Non-recourse debt 912 1,561  
Other assets 248 333  
On‑balance sheet variable interest entities | Consumer | Automotive      
Variable Interest Entity [Line Items]      
Carrying value of total assets 11,560 12,821  
Carrying value of total liabilities 1,054 1,683  
Assets sold to nonconsolidated VIEs 0 0  
Maximum exposure to loss in nonconsolidated VIEs 0 0  
Assets held-in-trust 8,700 8,200  
On‑balance sheet variable interest entities | Consumer | Automotive | Nonrecourse      
Variable Interest Entity [Line Items]      
Non-recourse debt 140 118  
Off-balance sheet variable interest entities | Consumer | Automotive      
Variable Interest Entity [Line Items]      
Carrying value of total assets 61 92  
Carrying value of total liabilities 0 0  
Assets sold to nonconsolidated VIEs 3,057 2,885  
Maximum exposure to loss in nonconsolidated VIEs 3,118 2,977  
Held-to-maturity securities 58 88  
Other assets 3 4  
Off-balance sheet variable interest entities | Consumer | Other      
Variable Interest Entity [Line Items]      
Carrying value of total assets   0  
Carrying value of total liabilities   0  
Assets sold to nonconsolidated VIEs   86  
Maximum exposure to loss in nonconsolidated VIEs   86  
Off-balance sheet variable interest entities | Commercial | Other      
Variable Interest Entity [Line Items]      
Carrying value of total assets 2,785 2,768  
Carrying value of total liabilities 857 1,022  
Assets sold to nonconsolidated VIEs 0 0  
Maximum exposure to loss in nonconsolidated VIEs 3,578 3,482  
Equity securities $ 54 $ 50  
v3.25.3
Securitizations and Variable Interest Entities - Schedule of Cash Flows with Nonconsolidated Special-Purpose Entities (Details) - Off-balance sheet variable interest entities - Consumer - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Automotive    
Cash Flow Received and Paid to Nonconsolidated Securitization Entities [Line Items]    
Cash proceeds from transfers completed during the period $ 1,010 $ 1,468
Servicing fees 44 44
Cash flows received on retained interests in securitization entities 33 41
Other cash flows received 3 2
Cash disbursements for repurchases during the period 1 1
Other    
Cash Flow Received and Paid to Nonconsolidated Securitization Entities [Line Items]    
Cash proceeds from transfers completed during the period 8 35
Servicing fees $ 1 $ 5
v3.25.3
Securitizations and Variable Interest Entities - Schedule of Quantitative Information and Net Credit Losses about Securitized and Other Financial Assets Managed Together (Details) - Off-balance sheet variable interest entities - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Derecognized Assets, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together [Line Items]          
Total amount $ 3,057   $ 3,057   $ 2,971
Amount 60 days or more past due 125   125   115
Net credit losses 33 $ 35 92 $ 97  
Off-balance-sheet securitization entities | Automotive | Consumer          
Derecognized Assets, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together [Line Items]          
Total amount 1,156   1,156   1,730
Amount 60 days or more past due 17   17   22
Net credit losses 5 6 13 14  
Whole-loan sales | Automotive | Consumer          
Derecognized Assets, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together [Line Items]          
Total amount 1,901   1,901   1,155
Amount 60 days or more past due 108   108   83
Net credit losses 28 22 72 54  
Whole-loan sales | Other | Consumer          
Derecognized Assets, Securitized or Asset-backed Financing Arrangement Assets and any Other Financial Assets Managed Together [Line Items]          
Total amount 0   0   86
Amount 60 days or more past due 0   0   $ 10
Net credit losses $ 0 $ 7 $ 7 $ 29  
v3.25.3
Other Assets - Schedule of Other Assets (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Dec. 31, 2023
Other Assets [Abstract]      
Property and equipment at cost $ 2,269 $ 2,226  
Accumulated depreciation (1,093) (973)  
Net property and equipment 1,176 1,253  
Net deferred tax assets 2,175 1,916  
Proportional amortization investments 2,080 2,131  
Restricted cash and cash equivalents 1,131 788  
Accrued interest, fees, and rent receivables 896 929  
Nonmarketable equity investments 858 789  
Equity-method investments 705 632  
Restricted cash held for securitization trusts 227 300  
Other accounts receivable 213 312  
Goodwill 190 551 $ 669
Operating lease right-of-use assets 91 92  
Net intangible assets 0 54  
Other assets 953 913  
Total other assets $ 10,695 $ 10,660  
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] Total other assets Total other assets  
v3.25.3
Other Assets - Schedule of Proportional Amortization Investment (Details) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Other Assets [Abstract]        
Tax credits and other tax benefits from proportional amortization investments $ 91,000,000 $ 106,000,000 $ 249,000,000 $ 215,000,000
Investment amortization expense recognized as a component of income tax expense 73,000,000 86,000,000 198,000,000 174,000,000
Net benefit from proportional amortization investments $ 18,000,000 $ 20,000,000 $ 51,000,000 $ 41,000,000
Investment Program, Proportional Amortization Method, Elected, Income Tax Credit and Other Income Tax Benefit, before Amortization, Statement of Income or Comprehensive Income [Extensible Enumeration] Income tax expense from continuing operations Income tax expense from continuing operations Income tax expense from continuing operations Income tax expense from continuing operations
Investment Program, Proportional Amortization Method, Elected, Income Tax Credit and Other Income Tax Benefit, after Amortization, Statement of Income or Comprehensive Income [Extensible Enumeration] Income tax expense from continuing operations Income tax expense from continuing operations Income tax expense from continuing operations Income tax expense from continuing operations
Investment Program, Proportional Amortization Method, Applied, Amortization Expense, Statement of Income or Comprehensive Income [Extensible Enumeration] Income tax expense from continuing operations Income tax expense from continuing operations Income tax expense from continuing operations Income tax expense from continuing operations
Investment Program, Proportional Amortization Method, Elected, Income Tax Credit and Other Income Tax Benefit, before Amortization, Statement of Cash Flows [Extensible Enumeration] Increase (Decrease) in Deferred Income Taxes, Increase (Decrease) in Other Operating Assets, Other liabilities Increase (Decrease) in Deferred Income Taxes, Increase (Decrease) in Other Operating Assets, Other liabilities Increase (Decrease) in Deferred Income Taxes, Increase (Decrease) in Other Operating Assets, Other liabilities Increase (Decrease) in Deferred Income Taxes, Increase (Decrease) in Other Operating Assets, Other liabilities
Investment Program, Proportional Amortization Method, Applied, Amortization Expense, Statement of Cash Flows [Extensible Enumeration] Increase (Decrease) in Deferred Income Taxes, Increase (Decrease) in Other Operating Assets, Other liabilities Increase (Decrease) in Deferred Income Taxes, Increase (Decrease) in Other Operating Assets, Other liabilities Increase (Decrease) in Deferred Income Taxes, Increase (Decrease) in Other Operating Assets, Other liabilities Increase (Decrease) in Deferred Income Taxes, Increase (Decrease) in Other Operating Assets, Other liabilities
Investment Program, Proportional Amortization Method, Elected, Income Tax Credit and Other Income Tax Benefit, after Amortization, Statement of Cash Flows [Extensible Enumeration] Increase (Decrease) in Deferred Income Taxes, Increase (Decrease) in Other Operating Assets, Other liabilities Increase (Decrease) in Deferred Income Taxes, Increase (Decrease) in Other Operating Assets, Other liabilities Increase (Decrease) in Deferred Income Taxes, Increase (Decrease) in Other Operating Assets, Other liabilities Increase (Decrease) in Deferred Income Taxes, Increase (Decrease) in Other Operating Assets, Other liabilities
Investment program, proportional amortization method, elected, impairment loss $ 0 $ 0 $ 0 $ 0
v3.25.3
Other Assets - Narrative (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Goodwill [Line Items]            
Proportional amortization investments $ 2,080 $ 2,131   $ 2,080   $ 2,131
Unfunded commitments for proportional amortization investments 856 1,019   $ 856   1,019
Unfunded commitments, period to be paid       5 years    
Goodwill impairment $ 0   $ 0 $ 305 $ 0 118
Goodwill, transfers       56    
Corporate and Other            
Goodwill [Line Items]            
Goodwill impairment       305   118
Goodwill, transfers       56    
Corporate and Other | Disposal Group, Held-for-Sale or Disposed of by Sale, Not Discontinued Operations | Ally Credit Card            
Goodwill [Line Items]            
Goodwill impairment   $ 118   $ 305   $ 118
v3.25.3
Other Assets - Schedule of Equity Securities without Readily Determinable Fair Value (Details) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Other Assets [Abstract]          
FRB stock $ 442,000,000   $ 442,000,000   $ 440,000,000
FHLB stock 310,000,000   310,000,000   258,000,000
Equity investments without a readily determinable fair value          
Cost basis 91,000,000   91,000,000   74,000,000
Upward adjustments 53,000,000   53,000,000   53,000,000
Downward adjustments (including impairment) (38,000,000)   (38,000,000)   (36,000,000)
Carrying amount, equity investments without a readily determinable fair value 106,000,000   106,000,000   91,000,000
Nonmarketable equity investments 858,000,000   858,000,000   $ 789,000,000
Upward adjustments 0 $ 1,000,000 0 $ 2,000,000  
Downward adjustments (including impairment) 0 (5,000,000) (2,000,000) (19,000,000)  
Impairment of FHLB and FRB stock $ 0 $ 0 $ 0 $ 0  
v3.25.3
Other Assets - Schedule of Schedule of Goodwill (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Goodwill [Roll Forward]          
Goodwill beginning balance     $ 551 $ 669 $ 669
Goodwill impairment $ 0 $ 0 (305) 0 (118)
Transfer to assets of operations held-for-sale     (56)    
Goodwill ending balance 190   190   551
Operating Segments | Automotive Finance operations          
Goodwill [Roll Forward]          
Goodwill beginning balance     20 20 20
Goodwill impairment     0   0
Transfer to assets of operations held-for-sale     0    
Goodwill ending balance 20   20   20
Operating Segments | Insurance operations          
Goodwill [Roll Forward]          
Goodwill beginning balance     27 27 27
Goodwill impairment     0   0
Transfer to assets of operations held-for-sale     0    
Goodwill ending balance 27   27   27
Corporate and Other          
Goodwill [Roll Forward]          
Goodwill beginning balance     504 $ 622 622
Goodwill impairment     (305)   (118)
Transfer to assets of operations held-for-sale     (56)    
Goodwill ending balance 143   143   504
Ally Invest | Corporate and Other          
Goodwill [Roll Forward]          
Goodwill beginning balance     143    
Goodwill ending balance $ 143   143   143
Ally Credit Card | Corporate and Other          
Goodwill [Roll Forward]          
Goodwill beginning balance     $ 361    
Goodwill ending balance         $ 361
v3.25.3
Other Assets - Schedule of Intangible Assets (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Finite-Lived Intangible Assets [Line Items]    
Accumulated amortization $ (80) $ (131)
Total intangible assets, gross 80 185
Net intangible assets 0 54
Technology    
Finite-Lived Intangible Assets [Line Items]    
Gross intangible assets 39 117
Accumulated amortization (39) (77)
Net carrying value 0 40
Customer lists    
Finite-Lived Intangible Assets [Line Items]    
Gross intangible assets 41 41
Accumulated amortization (41) (41)
Net carrying value 0 0
Purchased credit card relationships    
Finite-Lived Intangible Assets [Line Items]    
Gross intangible assets 0 25
Accumulated amortization 0 (11)
Net carrying value 0 14
Trademarks    
Finite-Lived Intangible Assets [Line Items]    
Gross intangible assets 0 2
Accumulated amortization 0 (2)
Net carrying value $ 0 $ 0
v3.25.3
Deposit Liabilities (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Deposits [Abstract]    
Noninterest-bearing deposits $ 174 $ 131
Interest-bearing deposits    
Savings, money market, and spending accounts 107,445 104,201
Certificates of deposit 40,791 47,242
Total deposit liabilities 148,410 151,574
Certificates of deposit, in excess of $250,000 federal insurance limits $ 6,100 $ 6,800
v3.25.3
Debt - Schedule of Short-term Debt (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Short-term Debt [Line Items]    
Federal Home Loan Bank $ 3,350 $ 1,625
Securities sold under agreements to repurchase 529 0
Total short-term borrowings 3,879 1,625
Maturity Within 30 Days    
Short-term Debt [Line Items]    
Securities sold under agreements to repurchase 429  
Maturity 31 to 60 Days    
Short-term Debt [Line Items]    
Securities sold under agreements to repurchase 100  
Unsecured debt    
Short-term Debt [Line Items]    
Federal Home Loan Bank 0 0
Securities sold under agreements to repurchase 0 0
Total short-term borrowings 0 0
Secured debt    
Short-term Debt [Line Items]    
Federal Home Loan Bank 3,350 1,625
Securities sold under agreements to repurchase 529 0
Total short-term borrowings $ 3,879 $ 1,625
v3.25.3
Debt - Schedule of Long-term Debt (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Debt Instrument [Line Items]    
Long-term debt, due within one year $ 3,506 $ 4,819
Long-term debt, due after one year 13,243 12,676
Total long-term debt 16,749 17,495
Unsecured debt    
Debt Instrument [Line Items]    
Long-term debt, due within one year 1,088 2,408
Long-term debt, due after one year 9,994 8,654
Total long-term debt 11,082 11,062
Secured debt    
Debt Instrument [Line Items]    
Long-term debt, due within one year 2,418 2,411
Long-term debt, due after one year 3,249 4,022
Total long-term debt 5,667 6,433
Federal Home Loan Bank advances | Federal Home Loan Bank of Pittsburgh    
Debt Instrument [Line Items]    
Total long-term debt $ 7,100 $ 4,200
v3.25.3
Debt - Scheduled Remaining Maturity of Long-term Debt (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Debt Instrument [Line Items]    
2025 $ 1,766  
2026 2,244  
2027 3,153  
2028 1,743  
2029 1,752  
2030 and thereafter 6,091  
Total long-term debt 16,749 $ 17,495
Unsecured debt    
Debt Instrument [Line Items]    
2025, net of original discount 1,077  
2026, net of original discount (2)  
2027, net of original discount 1,520  
2028, net of original discount 789  
2029, net of original discount 1,655  
2030 and thereafter, net of original discount 6,043  
Total long-term debt 11,082 11,062
Total long-term debt, net of original discount 11,082  
Secured debt    
Debt Instrument [Line Items]    
Total long-term debt 5,667 $ 6,433
Long-term debt | Unsecured debt    
Debt Instrument [Line Items]    
2025 1,096  
2026 80  
2027 1,614  
2028 896  
2029 1,778  
2030 and thereafter 6,326  
Total long-term debt 11,790  
Long-term debt | Secured debt    
Debt Instrument [Line Items]    
2025 689  
2026 2,246  
2027 1,633  
2028 954  
2029 97  
2030 and thereafter 48  
Total long-term debt 5,667  
Original issue discount | Unsecured debt    
Debt Instrument [Line Items]    
Debt instrument, unamortized discount (708)  
Original issue discount | Unsecured debt | 2025    
Debt Instrument [Line Items]    
Debt instrument, unamortized discount, current (19)  
Original issue discount | Unsecured debt | 2026    
Debt Instrument [Line Items]    
Debt instrument, unamortized discount, noncurrent (82)  
Original issue discount | Unsecured debt | 2027    
Debt Instrument [Line Items]    
Debt instrument, unamortized discount, noncurrent (94)  
Original issue discount | Unsecured debt | 2028    
Debt Instrument [Line Items]    
Debt instrument, unamortized discount, noncurrent (107)  
Original issue discount | Unsecured debt | 2029    
Debt Instrument [Line Items]    
Debt instrument, unamortized discount, noncurrent (123)  
Original issue discount | Unsecured debt | 2030 and thereafter    
Debt Instrument [Line Items]    
Debt instrument, unamortized discount, noncurrent $ (283)  
v3.25.3
Debt - Schedule of Pledged Assets Related to Secured Borrowings and Repurchase Agreement (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Pledged Assets related to secured borrowings [Line Items]    
Total assets restricted as collateral $ 64,024 $ 65,497
Secured debt 9,546 8,058
Amortized cost 25,660 26,810
Short-term borrowings 3,879 1,625
Secured debt    
Pledged Assets related to secured borrowings [Line Items]    
Short-term borrowings 3,879 1,625
Asset Pledged as Collateral    
Pledged Assets related to secured borrowings [Line Items]    
Amortized cost 3,136 2,822
Credit-Linked Notes    
Pledged Assets related to secured borrowings [Line Items]    
Total assets restricted as collateral 980 669
Pledged assets for Federal Home Loan Bank    
Pledged Assets related to secured borrowings [Line Items]    
Total assets restricted as collateral 26,100 26,500
Pledged assets for Federal Reserve Bank    
Pledged Assets related to secured borrowings [Line Items]    
Total assets restricted as collateral 33,700 33,800
Investment securities    
Pledged Assets related to secured borrowings [Line Items]    
Total assets restricted as collateral 3,326 2,946
Consumer | Automotive    
Pledged Assets related to secured borrowings [Line Items]    
Total assets restricted as collateral 36,396 38,316
Consumer | Consumer mortgage finance receivables    
Pledged Assets related to secured borrowings [Line Items]    
Total assets restricted as collateral 16,288 17,269
Commercial    
Pledged Assets related to secured borrowings [Line Items]    
Total assets restricted as collateral $ 7,034 $ 6,297
v3.25.3
Accrued Expenses and Other Liabilities (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Sep. 30, 2024
Dec. 31, 2023
Accounts Payable and Accrued Liabilities [Abstract]        
Unfunded commitments for proportional amortization investments $ 856 $ 1,019    
Accounts payable 562 505    
Employee compensation and benefits 377 424    
Reserves for insurance losses and loss adjustment expenses 231 189 $ 197 $ 140
Deferred revenue 144 122    
Operating lease liabilities 106 111    
Other liabilities 535 444    
Total accrued expenses and other liabilities $ 2,811 $ 2,814    
v3.25.3
Preferred Stock (Details) - USD ($)
$ / shares in Units, $ in Millions
 9 Months Ended 12 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Class of Stock [Line Items]    
Carrying value $ 2,324 $ 2,324
Preferred stock dividends — Series B    
Class of Stock [Line Items]    
Carrying value $ 1,335 $ 1,335
Par value (in dollars per share) $ 0.01 $ 0.01
Liquidation preference (in dollars per share) $ 1,000 $ 1,000
Number of shares authorized (in shares) 1,350,000 1,350,000
Number of shares issued (in shares) 1,350,000 1,350,000
Number of shares outstanding (in shares) 1,350,000 1,350,000
Series B Preferred Stock, Prior To May 15, 2026    
Class of Stock [Line Items]    
Dividend/coupon rate 4.70% 4.70%
Series B Preferred Stock, On And After May 15, 2026    
Class of Stock [Line Items]    
Dividend/coupon rate 3.868% 3.868%
Preferred stock dividends — Series C    
Class of Stock [Line Items]    
Carrying value $ 989 $ 989
Par value (in dollars per share) $ 0.01 $ 0.01
Liquidation preference (in dollars per share) $ 1,000 $ 1,000
Number of shares authorized (in shares) 1,000,000 1,000,000
Number of shares issued (in shares) 1,000,000 1,000,000
Number of shares outstanding (in shares) 1,000,000 1,000,000
Series C Preferred Stock, Prior To May 15, 2028    
Class of Stock [Line Items]    
Dividend/coupon rate 4.70% 4.70%
Series C Preferred Stock, On And After May 15, 2028    
Class of Stock [Line Items]    
Dividend/coupon rate 3.481% 3.481%
v3.25.3
Accumulated Other Comprehensive Loss - Schedule of Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
AOCI Attributable to Parent, Net of Tax [Roll Forward]        
Beginning balance $ 14,547 $ 13,699 $ 13,903 $ 13,703
Net change 275 616 980 423
Ending balance 15,117 14,414 15,117 14,414
Accumulated other comprehensive loss        
AOCI Attributable to Parent, Net of Tax [Roll Forward]        
Beginning balance (3,219) (4,009) (3,924) (3,816)
Net change 275 616 980 423
Ending balance (2,944) (3,393) (2,944) (3,393)
Available-for-sale securities        
AOCI Attributable to Parent, Net of Tax [Roll Forward]        
Beginning balance (2,647) (3,353) (3,307) (3,146)
Net change 253 588 913 381
Ending balance (2,394) (2,765) (2,394) (2,765)
Held-to-maturity securities        
AOCI Attributable to Parent, Net of Tax [Roll Forward]        
Beginning balance (584) (650) (616) (682)
Net change 17 18 49 50
Ending balance (567) (632) (567) (632)
Translation adjustments and net investment hedges        
AOCI Attributable to Parent, Net of Tax [Roll Forward]        
Beginning balance 22 20 20 21
Net change 0 1 2 0
Ending balance 22 21 22 21
Cash flow hedges        
AOCI Attributable to Parent, Net of Tax [Roll Forward]        
Beginning balance (10) (26) (21) (9)
Net change 5 9 16 (8)
Ending balance $ (5) $ (17) $ (5) $ (17)
v3.25.3
Accumulated Other Comprehensive Loss - Schedule of Reclassification Out of Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Other comprehensive income (loss), before tax $ 362 $ 807 $ 1,286 $ 555
Other comprehensive income (loss), tax effect (87) (191) (306) (132)
Other comprehensive (loss) income, net of tax 275 616 980 423
Available-for-sale securities        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Net unrealized gains (losses) arising during the period, before tax 334 772 706 502
Net unrealized gains (losses) arising during the period, tax (80) (183) (168) (119)
Net unrealized gains (losses) arising during the period, net of tax 254 589 538 383
Reclassification from AOCI, before tax 1 1 (492) 2
Reclassification from AOCI, tax 0 0 117 0
Reclassification from AOCI, net of tax 1 1 (375) 2
Other comprehensive income (loss), before tax 333 771 1,198 500
Other comprehensive income (loss), tax effect (80) (183) (285) (119)
Other comprehensive (loss) income, net of tax 253 588 913 381
Held-to-maturity securities        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Reclassification from AOCI, before tax (22) (23) (64) (65)
Reclassification from AOCI, tax 5 5 15 15
Reclassification from AOCI, net of tax (17) (18) (49) (50)
Other comprehensive (loss) income, net of tax 17 18 49 50
Translation adjustments        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Other comprehensive income (loss), before tax (5) 2 7 (5)
Other comprehensive income (loss), tax effect 1 0 (2) 1
Other comprehensive (loss) income, net of tax (4) 2 5 (4)
Net investment hedges        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Other comprehensive income (loss), before tax 5 (1) (4) 5
Other comprehensive income (loss), tax effect (1) 0 1 (1)
Other comprehensive (loss) income, net of tax 4 (1) (3) 4
Cash flow hedges        
Accumulated Other Comprehensive Income (Loss) [Line Items]        
Net unrealized gains (losses) arising during the period, before tax (1) 8 (2) (17)
Net unrealized gains (losses) arising during the period, tax 0 (2) 0 4
Net unrealized gains (losses) arising during the period, net of tax (1) 6 (2) (13)
Reclassification from AOCI, before tax (8) (4) (23) (7)
Reclassification from AOCI, tax 2 1 5 2
Reclassification from AOCI, net of tax (6) (3) (18) (5)
Other comprehensive income (loss), before tax 7 12 21 (10)
Other comprehensive income (loss), tax effect (2) (3) (5) 2
Other comprehensive (loss) income, net of tax $ 5 $ 9 $ 16 $ (8)
v3.25.3
Earnings per Common Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Class of Stock [Line Items]        
Net income from continuing operations $ 398 $ 198 $ 525 $ 560
Net income from continuing operations attributable to common shareholders [1] 371 171 442 477
Net income attributable to common shareholders [1] $ 371 $ 171 $ 442 $ 477
Basic weighted-average common shares outstanding (in shares) [1],[2] 310,342 307,312 309,753 306,699
Diluted weighted-average common shares outstanding (in shares) [1],[2] 313,823 311,044 312,633 309,786
Basic earnings per common share        
Net income from continuing operations (in dollars per share) [1] $ 1.19 $ 0.55 $ 1.43 $ 1.56
Net income (in dollars per share) [1] 1.19 0.55 1.43 1.56
Diluted earnings per common share        
Net income from continuing operations (in dollars per share) [1] 1.18 0.55 1.41 1.54
Net income (in dollars per share) [1] $ 1.18 $ 0.55 $ 1.41 $ 1.54
Preferred stock dividends — Series B        
Class of Stock [Line Items]        
Preferred stock dividends $ (16) $ (16) $ (48) $ (48)
Preferred stock dividends — Series C        
Class of Stock [Line Items]        
Preferred stock dividends $ (11) $ (11) $ (35) $ (35)
[1] Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated based on unrounded numbers.
[2]
(b)Includes shares related to share-based compensation that vested but were not yet issued.
v3.25.3
Regulatory Capital and Other Regulatory Matters - Schedule of Regulatory Capital Amount and Ratios (Details)
$ in Millions
Sep. 30, 2025
USD ($)
Dec. 31, 2024
USD ($)
Oct. 31, 2024
Oct. 31, 2023
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]        
Common equity tier one capital ratio, minimum 0.045      
Tier one capital to risk-weighted assets, required minimum 0.06      
Capital to risk-weighted assets, required minimum 0.08      
Tier one leverage ratio, minimum 0.04      
Minimum capital conservation buffer 0.025      
Accumulated other comprehensive losses excluded from Common Equity Tier 1 capital $ 3,000 $ 3,900    
Brokered deposits $ 5,000      
Percentage of interest-bearing domestic deposits to deposits, brokered 3.40%      
Common equity tier one capital $ 15,184 $ 15,058    
Common equity tier one capital ratio 0.1007 0.0982    
Tier one capital to risk-weighted assets, amount $ 17,440 $ 17,324    
Tier one capital to risk-weighted assets, ratio 0.1157 0.1130    
Tier one capital to risk-weighted assets, well-capitalized minimum 0.0600      
Capital to risk-weighted assets, amount $ 20,259 $ 20,182    
Capital to risk-weighted assets, ratio 0.1344 0.1316    
Capital to risk weighted assets, well-capitalized minimum 0.1000      
Tier one leverage to adjusted quarterly average assets, amount $ 17,440 $ 17,324    
Tier one leverage to adjusted quarterly average assets, ratio 0.0918 0.0892    
Ally Financial Inc        
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]        
Minimum capital conservation buffer 0.026 0.026 0.026 0.025
Ally Bank        
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]        
Common equity tier one capital ratio, minimum 0.0450      
Tier one capital to risk-weighted assets, required minimum 0.0600      
Capital to risk-weighted assets, required minimum 0.0800      
Tier one leverage ratio, minimum 0.0400      
Minimum capital conservation buffer 0.025 0.025    
Common equity tier one capital $ 17,773 $ 17,229    
Common equity tier one capital ratio 0.1262 0.1194    
Common equity tier one capital, well capitalized minimum 0.0650      
Tier one capital to risk-weighted assets, amount $ 17,773 $ 17,229    
Tier one capital to risk-weighted assets, ratio 0.1262 0.1194    
Tier one capital to risk-weighted assets, well-capitalized minimum 0.0800      
Capital to risk-weighted assets, amount $ 19,555 $ 19,052    
Capital to risk-weighted assets, ratio 0.1388 0.1321    
Capital to risk weighted assets, well-capitalized minimum 0.1000      
Tier one leverage to adjusted quarterly average assets, amount $ 17,773 $ 17,229    
Tier one leverage to adjusted quarterly average assets, ratio 0.0995 0.0940    
Tier one leverage to adjusted quarterly average assets, well-capitalized minimum 0.0500      
v3.25.3
Regulatory Capital and Other Regulatory Matters - Schedule of Common Share Repurchases (Details)
$ / shares in Units, $ in Millions
 1 Months Ended 3 Months Ended 9 Months Ended 111 Months Ended
Oct. 07, 2025
$ / shares
Aug. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
$ / shares
shares
Nov. 30, 2024
USD ($)
Jun. 30, 2024
USD ($)
$ / shares
shares
Feb. 28, 2023
USD ($)
Sep. 30, 2025
USD ($)
$ / shares
shares
Jun. 30, 2025
USD ($)
$ / shares
shares
Mar. 31, 2025
USD ($)
$ / shares
shares
Dec. 31, 2024
USD ($)
$ / shares
shares
Sep. 30, 2024
USD ($)
$ / shares
shares
Jun. 30, 2024
USD ($)
$ / shares
shares
Mar. 31, 2024
USD ($)
$ / shares
shares
Sep. 30, 2025
USD ($)
$ / shares
shares
Sep. 30, 2024
USD ($)
$ / shares
shares
Sep. 30, 2025
$ / shares
shares
Oct. 31, 2025
Oct. 31, 2024
Dec. 31, 2023
shares
Oct. 31, 2023
Jun. 30, 2016
shares
Accelerated Share Repurchases [Line Items]                                          
Minimum capital conservation buffer             0.025             0.025   0.025          
Proceeds from issuance of long-term debt                           $ 2,571 $ 2,866            
Stock repurchased during period, value             $ 1 $ 1 $ 34 $ 7 $ 1 $ 1 $ 29                
Stock repurchased during period, number of shares (in share) | shares             25,000 27,000 877,000 167,000 27,000 13,000 781,000                
Common stock, shares outstanding (in shares) | shares     305,387,550   304,656,000   307,827,978 307,787,000 307,152,000 305,387,550 304,715,000 304,656,000 303,978,000 307,827,978 304,715,000 307,827,978     302,459,000   484,000,000
Dividends declared (in dollars per share) | $ / shares     $ 0.30   $ 0.30   $ 0.30 $ 0.30 $ 0.30 $ 0.30 $ 0.30 $ 0.30 $ 0.30 $ 0.30 $ 0.30 $ 0.30          
Common stock, share reduction                               36.00%          
Cash dividends declared per common share (in dollars per share) | $ / shares [1]             $ 0.30       $ 0.30     $ 0.90 $ 0.90            
Subsequent event                                          
Accelerated Share Repurchases [Line Items]                                          
Cash dividends declared per common share (in dollars per share) | $ / shares $ 0.30                                        
Credit-Linked Notes                                          
Accelerated Share Repurchases [Line Items]                                          
Proceeds from issuance of long-term debt   $ 550   $ 440 $ 330                                
Automotive | Credit-Linked Notes | Consumer                                          
Accelerated Share Repurchases [Line Items]                                          
Debt instrument, reference portfolio amount   $ 5,000   $ 4,000 $ 3,000             $ 3,000                  
Ally Financial Inc                                          
Accelerated Share Repurchases [Line Items]                                          
Minimum capital conservation buffer     0.026       0.026     0.026       0.026   0.026   0.026   0.025  
Ally Financial Inc | Forecast                                          
Accelerated Share Repurchases [Line Items]                                          
Minimum capital conservation buffer                                 0.026        
Unsecured debt                                          
Accelerated Share Repurchases [Line Items]                                          
Proceeds from issuance of long-term debt     $ 500     $ 500                              
[1] Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated based on unrounded numbers.
v3.25.3
Derivative Instruments and Hedging Activities - Narrative (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]    
Noncash collateral placed with counterparties $ 377 $ 414
Cash collateral received from counterparties $ 4 $ 11
v3.25.3
Derivative Instruments and Hedging Activities - Schedule of Fair Value Amounts of Derivative Instruments Reported on our Condensed Consolidated Balance Sheet (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Derivatives, Fair Value [Line Items]    
receivable position $ 4 $ 12
payable position 0 4
Notional amount 34,613 40,508
Credit derivative, maximum exposure, undiscounted   10
Total derivatives designated as accounting hedges    
Derivatives, Fair Value [Line Items]    
receivable position 4 10
payable position 0 0
Notional amount 33,598 39,620
Total derivatives not designated as accounting hedges    
Derivatives, Fair Value [Line Items]    
receivable position 0 2
payable position 0 4
Notional amount 1,015 888
Interest rate contracts | Total derivatives not designated as accounting hedges    
Derivatives, Fair Value [Line Items]    
receivable position 0 1
payable position 0 0
Notional amount 0 172
Swaps | Total derivatives designated as accounting hedges    
Derivatives, Fair Value [Line Items]    
receivable position 0 0
payable position 0 0
Notional amount 27,257 33,300
Purchased options | Total derivatives designated as accounting hedges    
Derivatives, Fair Value [Line Items]    
receivable position 0 2
payable position 0 0
Notional amount 6,150 6,150
Forwards | Total derivatives not designated as accounting hedges    
Derivatives, Fair Value [Line Items]    
receivable position 0 0
payable position 0 0
Notional amount 0 109
Written options | Total derivatives not designated as accounting hedges    
Derivatives, Fair Value [Line Items]    
receivable position 0 1
payable position 0 0
Notional amount 0 63
Foreign exchange contracts | Total derivatives not designated as accounting hedges    
Derivatives, Fair Value [Line Items]    
receivable position 0 1
payable position 0 0
Notional amount 35 47
Forwards | Total derivatives designated as accounting hedges    
Derivatives, Fair Value [Line Items]    
receivable position 4 8
payable position 0 0
Notional amount 191 170
Forwards | Total derivatives not designated as accounting hedges    
Derivatives, Fair Value [Line Items]    
receivable position 0 1
payable position 0 0
Notional amount 35 47
Total credit risk | Total derivatives not designated as accounting hedges    
Derivatives, Fair Value [Line Items]    
receivable position 0 0
payable position 0 4
Notional amount 980 669
Credit-linked note derivatives | Total derivatives not designated as accounting hedges    
Derivatives, Fair Value [Line Items]    
receivable position 0 0
payable position 0 0
Notional amount 980 669
Other credit derivatives | Total derivatives not designated as accounting hedges    
Derivatives, Fair Value [Line Items]    
receivable position 0 0
payable position $ 0 $ 4
v3.25.3
Derivative Instruments and Hedging Activities - Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Hedged liability, fair value hedge $ 4,411 $ 5,987
Hedged Liability, Statement of Financial Position [Extensible Enumeration] Long-term debt Long-term debt
Available-for-sale securities    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Hedged asset, fair value hedge $ 15,418 $ 15,194
Hedged asset, fair value hedge, cumulative increase (decrease) $ 19 $ (248)
Hedged Asset, Statement of Financial Position [Extensible Enumeration] Available-for-sale securities (amortized cost of $25,660 and $26,810) Available-for-sale securities (amortized cost of $25,660 and $26,810)
Closed portfolio and beneficial interest, last-of-layer, amortized cost $ 13,900 $ 13,900
Amortized cost 13,600 13,600
Cumulative basis adjustment for active hedges, asset (liability) 2 (209)
Hedged asset, last-of-layer, amount 11,500 12,000
Available-for-sale securities | Total derivatives designated as accounting hedges    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Cumulative basis adjustment for active hedges, asset (liability) 93 (106)
Finance receivables and loans, net    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Hedged asset, fair value hedge 31,980 34,493
Hedged asset, fair value hedge, cumulative increase (decrease) $ 0 $ (51)
Hedged Asset, Statement of Financial Position [Extensible Enumeration] Finance receivables and loans, net Finance receivables and loans, net
Cumulative basis adjustment for active hedges, asset (liability)   $ (51)
Hedged asset, last-of-layer, amount $ 14,300 20,100
Closed portfolio, carrying value 24,800 33,400
Finance receivables and loans, net | Total derivatives designated as accounting hedges    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Cumulative basis adjustment for active hedges, asset (liability) (2) (41)
Long-term debt    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Hedged liability, fair value hedge, cumulative increase (decrease) 81 88
Discontinued hedge | Available-for-sale securities    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Hedged asset, discontinued fair value hedge, cumulative increase (decrease) (91) (132)
Cumulative basis adjustment for active hedges, asset (liability) (91) (103)
Discontinued hedge | Finance receivables and loans, net    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Hedged asset, discontinued fair value hedge, cumulative increase (decrease) 2 (10)
Cumulative basis adjustment for active hedges, asset (liability) 2 (10)
Discontinued hedge | Long-term debt    
Derivative Instruments and Hedging Activities Disclosures [Line Items]    
Hedged liability, discontinued fair value hedge, cumulative increase (decrease) $ 81 $ 88
v3.25.3
Derivative Instruments and Hedging Activities - Schedule of Statement of Gains and Losses on Derivative Instruments Reported in Statement of Comprehensive Income (Details) - Total derivatives not designated as accounting hedges - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Derivative Instruments, Gain (Loss) [Line Items]        
Total gain recognized in earnings $ 1 $ 7 $ 0 $ 21
Interest rate contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Total gain recognized in earnings 0 6 1 16
Foreign exchange contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Total gain recognized in earnings 1 (1) (1) 1
Other credit derivatives        
Derivative Instruments, Gain (Loss) [Line Items]        
Total gain recognized in earnings 0 1 0 1
Equity contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Total gain recognized in earnings 0 1 0 3
Gain on mortgage and automotive loans, net | Interest rate contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Total gain recognized in earnings 0 6 1 16
Other operating expenses | Foreign exchange contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Total gain recognized in earnings 1 (1) (1) 1
Other income, net of losses | Other credit derivatives        
Derivative Instruments, Gain (Loss) [Line Items]        
Total gain recognized in earnings 0 1 0 1
Other income, net of losses | Equity contracts        
Derivative Instruments, Gain (Loss) [Line Items]        
Total gain recognized in earnings $ 0 $ 1 $ 0 $ 3
v3.25.3
Derivative Instruments and Hedging Activities - Schedule of Derivative Instruments Designated as Fair Value Hedges, Gain (Loss) (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Derivative Instruments, Gain (Loss) [Line Items]        
Interest and fees on finance receivables and loans $ 2,674 $ 2,889 $ 8,007 $ 8,561
Interest and dividends on investment securities and other earning assets 250 262 728 793
Interest on long-term debt 265 256 794 748
Loss on cash flow hedges to be recognized within twelve months     18  
Total derivatives designated as accounting hedges | Interest and fees on finance receivables and loans        
Derivative Instruments, Gain (Loss) [Line Items]        
Total gain on fair value hedging relationships 0 0 0 0
Total loss on cash flow hedging relationships (8) (4) (23) (7)
Total derivatives designated as accounting hedges | Interest and dividends on investment securities and other earning assets        
Derivative Instruments, Gain (Loss) [Line Items]        
Total gain on fair value hedging relationships 0 0 0 0
Total loss on cash flow hedging relationships 0 0 0 0
Total derivatives designated as accounting hedges | Interest on long-term debt        
Derivative Instruments, Gain (Loss) [Line Items]        
Total gain on fair value hedging relationships 0 0 0 0
Total loss on cash flow hedging relationships 0 0 0 0
Total derivatives designated as accounting hedges | Hedged available-for-sale securities | Interest and fees on finance receivables and loans        
Derivative Instruments, Gain (Loss) [Line Items]        
Change in unrealized gain (loss) on hedged item in fair value hedge 0 0 0 0
Change in unrealized gain (loss) on fair value hedging instruments 0 0 0 0
Total derivatives designated as accounting hedges | Hedged available-for-sale securities | Interest and dividends on investment securities and other earning assets        
Derivative Instruments, Gain (Loss) [Line Items]        
Change in unrealized gain (loss) on hedged item in fair value hedge 10 327 224 94
Change in unrealized gain (loss) on fair value hedging instruments (10) (327) (224) (94)
Total derivatives designated as accounting hedges | Hedged available-for-sale securities | Interest on long-term debt        
Derivative Instruments, Gain (Loss) [Line Items]        
Change in unrealized gain (loss) on hedged item in fair value hedge 0 0 0 0
Change in unrealized gain (loss) on fair value hedging instruments 0 0 0 0
Total derivatives designated as accounting hedges | Fixed-rate automotive loans | Interest and fees on finance receivables and loans        
Derivative Instruments, Gain (Loss) [Line Items]        
Change in unrealized gain (loss) on hedged item in fair value hedge 7 190 48 107
Change in unrealized gain (loss) on fair value hedging instruments (7) (190) (48) (107)
Total derivatives designated as accounting hedges | Fixed-rate automotive loans | Interest and dividends on investment securities and other earning assets        
Derivative Instruments, Gain (Loss) [Line Items]        
Change in unrealized gain (loss) on hedged item in fair value hedge 0 0 0 0
Change in unrealized gain (loss) on fair value hedging instruments 0 0 0 0
Total derivatives designated as accounting hedges | Fixed-rate automotive loans | Interest on long-term debt        
Derivative Instruments, Gain (Loss) [Line Items]        
Change in unrealized gain (loss) on hedged item in fair value hedge 0 0 0 0
Change in unrealized gain (loss) on fair value hedging instruments 0 0 0 0
Total derivatives designated as accounting hedges | Hedged variable-rate commercial loans | Interest and fees on finance receivables and loans        
Derivative Instruments, Gain (Loss) [Line Items]        
Interest rate cash flow hedge loss reclassified to earnings (8) (4) (23) (7)
Total derivatives designated as accounting hedges | Hedged variable-rate commercial loans | Interest and dividends on investment securities and other earning assets        
Derivative Instruments, Gain (Loss) [Line Items]        
Interest rate cash flow hedge loss reclassified to earnings 0 0 0 0
Total derivatives designated as accounting hedges | Hedged variable-rate commercial loans | Interest on long-term debt        
Derivative Instruments, Gain (Loss) [Line Items]        
Interest rate cash flow hedge loss reclassified to earnings $ 0 $ 0 $ 0 $ 0
v3.25.3
Derivative Instruments and Hedging Activities - Schedule of Interest and Amortization on Derivative Instruments (Details) - Total derivatives designated as accounting hedges - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Interest and fees on finance receivables and loans        
Derivative Instruments, Gain (Loss) [Line Items]        
Total gain on fair value hedging relationships $ 16 $ 62 $ 54 $ 218
Interest and dividends on investment securities and other earning assets        
Derivative Instruments, Gain (Loss) [Line Items]        
Total gain on fair value hedging relationships 21 56 62 164
Interest on long-term debt        
Derivative Instruments, Gain (Loss) [Line Items]        
Total gain on fair value hedging relationships 2 3 7 9
Unsecured debt | Interest and fees on finance receivables and loans        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain on amortization of deferred basis adjustments 0 0 0 0
Unsecured debt | Interest and dividends on investment securities and other earning assets        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain on amortization of deferred basis adjustments 0 0 0 0
Unsecured debt | Interest on long-term debt        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain on amortization of deferred basis adjustments 2 2 7 7
Federal Home Loan Bank certificates and obligations | Interest and fees on finance receivables and loans        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain on amortization of deferred basis adjustments 0 0 0 0
Federal Home Loan Bank certificates and obligations | Interest and dividends on investment securities and other earning assets        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain on amortization of deferred basis adjustments 0 0 0 0
Federal Home Loan Bank certificates and obligations | Interest on long-term debt        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain on amortization of deferred basis adjustments 0 1 0 2
Hedged available-for-sale securities | Interest and fees on finance receivables and loans        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain on amortization of deferred basis adjustments 0 0 0 0
Gain on interest for qualifying hedge 0 0 0 0
Hedged available-for-sale securities | Interest and dividends on investment securities and other earning assets        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain on amortization of deferred basis adjustments 4 6 13 17
Gain on interest for qualifying hedge 17 50 49 147
Hedged available-for-sale securities | Interest on long-term debt        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain on amortization of deferred basis adjustments 0 0 0 0
Gain on interest for qualifying hedge 0 0 0 0
Fixed-rate automotive loans | Interest and fees on finance receivables and loans        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain on amortization of deferred basis adjustments (1) 3 3 12
Gain on interest for qualifying hedge 17 59 51 206
Fixed-rate automotive loans | Interest and dividends on investment securities and other earning assets        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain on amortization of deferred basis adjustments 0 0 0 0
Gain on interest for qualifying hedge 0 0 0 0
Fixed-rate automotive loans | Interest on long-term debt        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain on amortization of deferred basis adjustments 0 0 0 0
Gain on interest for qualifying hedge $ 0 $ 0 $ 0 $ 0
v3.25.3
Derivative Instruments and Hedging Activities - Schedule of Derivative Instruments Used in Net Investment Hedge Accounting Relationships (Details) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Interest rate contracts | Cash flow hedging        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in other comprehensive income $ 7,000,000 $ 12,000,000 $ 21,000,000 $ (10,000,000)
Foreign exchange contracts | Net investment hedging        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (loss) recognized in other comprehensive income 5,000,000 (1,000,000) (4,000,000) 5,000,000
Amounts excluded from effectiveness testing 0 0 0 0
Amounts reclassified from accumulated other comprehensive income $ 0 $ 0 $ 0 $ 0
v3.25.3
Income Taxes (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Tax Disclosure [Abstract]        
Income tax expense from continuing operations $ 115 $ 67 $ 140 $ 167
v3.25.3
Fair Value - Schedule of Fair Value Measurements - Recurring Basis (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity securities $ 865 $ 871
Total available-for-sale securities $ 22,684 $ 22,410
Derivative Asset, Statement of Financial Position [Extensible Enumeration] Finance receivables and loans, net Finance receivables and loans, net
Investment in any one industry did not exceed percentage 14.00% 14.00%
Carrying amount, equity investments without a readily determinable fair value $ 106 $ 91
Fair value, measurements, recurring    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 22,684 22,410
Mortgage loans held-for-sale   16
Derivative contracts in a receivable position 4 12
Total assets 23,498 23,258
Total derivative contracts in a payable position   4
Total liabilities   4
Fair value, measurements, recurring | Credit contracts    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total derivative contracts in a payable position   4
Fair value, measurements, recurring | Equity securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity securities 810 820
Carrying amount, equity investments without a readily determinable fair value 55 51
Fair value, measurements, recurring | U.S. Treasury and federal agencies    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 2,194 1,873
Fair value, measurements, recurring | U.S. States and political subdivisions    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 554 617
Fair value, measurements, recurring | Foreign government    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 204 194
Fair value, measurements, recurring | Agency mortgage-backed residential    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 12,822 13,653
Fair value, measurements, recurring | Mortgage-backed residential    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 200 206
Fair value, measurements, recurring | Agency mortgage-backed commercial    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 4,782 3,984
Fair value, measurements, recurring | Asset-backed    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 25 129
Fair value, measurements, recurring | Corporate debt    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 1,903 1,754
Fair value, measurements, recurring | Interest rate contracts    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative contracts in a receivable position   3
Fair value, measurements, recurring | Foreign exchange contracts    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative contracts in a receivable position 4 9
Fair value, measurements, recurring | Level 1    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 2,229 1,909
Mortgage loans held-for-sale   0
Derivative contracts in a receivable position 0 0
Total assets 3,039 2,729
Total derivative contracts in a payable position   0
Total liabilities   0
Fair value, measurements, recurring | Level 1 | Credit contracts    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total derivative contracts in a payable position   0
Fair value, measurements, recurring | Level 1 | Equity securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity securities 810 820
Fair value, measurements, recurring | Level 1 | U.S. Treasury and federal agencies    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 2,194 1,873
Fair value, measurements, recurring | Level 1 | U.S. States and political subdivisions    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 0 0
Fair value, measurements, recurring | Level 1 | Foreign government    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 35 36
Fair value, measurements, recurring | Level 1 | Agency mortgage-backed residential    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 0 0
Fair value, measurements, recurring | Level 1 | Mortgage-backed residential    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 0 0
Fair value, measurements, recurring | Level 1 | Agency mortgage-backed commercial    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 0 0
Fair value, measurements, recurring | Level 1 | Asset-backed    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 0 0
Fair value, measurements, recurring | Level 1 | Corporate debt    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 0 0
Fair value, measurements, recurring | Level 1 | Interest rate contracts    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative contracts in a receivable position   0
Fair value, measurements, recurring | Level 1 | Foreign exchange contracts    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative contracts in a receivable position 0 0
Fair value, measurements, recurring | Level 2    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 20,420 20,466
Mortgage loans held-for-sale   11
Derivative contracts in a receivable position 4 11
Total assets 20,424 20,488
Total derivative contracts in a payable position   0
Total liabilities   0
Fair value, measurements, recurring | Level 2 | Credit contracts    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total derivative contracts in a payable position   0
Fair value, measurements, recurring | Level 2 | Equity securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity securities 0 0
Fair value, measurements, recurring | Level 2 | U.S. Treasury and federal agencies    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 0 0
Fair value, measurements, recurring | Level 2 | U.S. States and political subdivisions    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 519 582
Fair value, measurements, recurring | Level 2 | Foreign government    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 169 158
Fair value, measurements, recurring | Level 2 | Agency mortgage-backed residential    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 12,822 13,653
Fair value, measurements, recurring | Level 2 | Mortgage-backed residential    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 200 206
Fair value, measurements, recurring | Level 2 | Agency mortgage-backed commercial    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 4,782 3,984
Fair value, measurements, recurring | Level 2 | Asset-backed    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 25 129
Fair value, measurements, recurring | Level 2 | Corporate debt    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 1,903 1,754
Fair value, measurements, recurring | Level 2 | Interest rate contracts    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative contracts in a receivable position   2
Fair value, measurements, recurring | Level 2 | Foreign exchange contracts    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative contracts in a receivable position 4 9
Fair value, measurements, recurring | Level 3    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 35 35
Mortgage loans held-for-sale   5
Derivative contracts in a receivable position 0 1
Total assets 35 41
Total derivative contracts in a payable position   4
Total liabilities   4
Fair value, measurements, recurring | Level 3 | Credit contracts    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total derivative contracts in a payable position   4
Fair value, measurements, recurring | Level 3 | Equity securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Equity securities 0 0
Fair value, measurements, recurring | Level 3 | U.S. Treasury and federal agencies    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 0 0
Fair value, measurements, recurring | Level 3 | U.S. States and political subdivisions    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 35 35
Fair value, measurements, recurring | Level 3 | Foreign government    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 0 0
Fair value, measurements, recurring | Level 3 | Agency mortgage-backed residential    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 0 0
Fair value, measurements, recurring | Level 3 | Mortgage-backed residential    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 0 0
Fair value, measurements, recurring | Level 3 | Agency mortgage-backed commercial    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 0 0
Fair value, measurements, recurring | Level 3 | Asset-backed    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 0 0
Fair value, measurements, recurring | Level 3 | Corporate debt    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total available-for-sale securities 0 0
Fair value, measurements, recurring | Level 3 | Interest rate contracts    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative contracts in a receivable position   1
Fair value, measurements, recurring | Level 3 | Foreign exchange contracts    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative contracts in a receivable position $ 0 $ 0
v3.25.3
Fair Value - Schedule of Fair Value Measurements - Reconciliation of Level 3 Assets And Liabilities (Details) - Fair value, measurements, recurring - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Derivative liabilities, net of derivative assets        
Liabilities        
Fair value at beginning of the period $ 4 $ 3 $ 3 $ 8
Net realized/unrealized gains        
Included in earnings 0 (5) (1) (14)
Included in OCI 0 0 0 0
Purchases and originations 0 0 0 0
Sales 0 0 0 0
Issuances 0 0 0 0
Settlements (4) 0 (4) (5)
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 5 2 14
Fair value at ending of the period 0 3 0 3
Net unrealized gains still held at September 30,        
Included in earnings 0 (2) 0 (7)
Included in OCI 0 0 0 0
Equity securities        
Assets        
Fair value at beginning of the period 0 0 0 1
Net realized/unrealized gains        
Included in earnings 0 0 0 0
Included in OCI 0 0 0 0
Purchases and originations 0 0 0 0
Sales 0 0 0 0
Issuances 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 (1)
Fair value at ending of the period 0 0 0 0
Net unrealized gains still held at September 30,        
Included in earnings 0 0 0 0
Included in OCI 0 0 0 0
Available-for-sale securities        
Assets        
Fair value at beginning of the period 35 11 35 9
Net realized/unrealized gains        
Included in earnings 0 0 0 0
Included in OCI 0 0 0 0
Purchases and originations 0 27 0 29
Sales 0 0 0 0
Issuances 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Fair value at ending of the period 35 38 35 38
Net unrealized gains still held at September 30,        
Included in earnings 0 0 0 0
Included in OCI 0 0 0 0
Available-for-sale debt security   27   27
Loans held-for-sale        
Assets        
Fair value at beginning of the period 0 2 5 0
Net realized/unrealized gains        
Included in earnings 0 0 0 0
Included in OCI 0 0 0 0
Purchases and originations 0 16 9 18
Sales 0 (11) (14) (11)
Issuances 0 0 0 0
Settlements 0 0 0 0
Transfers into Level 3 0 0 0 0
Transfers out of Level 3 0 0 0 0
Fair value at ending of the period 0 7 0 7
Net unrealized gains still held at September 30,        
Included in earnings 0 0 0 0
Included in OCI $ 0 $ 0 $ 0 $ 0
v3.25.3
Fair Value - Schedule of Fair Value Measurements - Nonrecurring Basis (Details) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2024
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Loans held-for-sale, net $ 160 $ 179   $ 179   $ 160
Finance receivables and loans, net 132,316 131,107   131,107   132,316
Goodwill impairment   0 $ 0 305 $ 0 118
Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Loans held-for-sale, net 143 179   179   143
Lower-of-cost-or-fair-value reserve, valuation reserve, or cumulative adjustments 0 0   0   0
Goodwill impairment 118          
Assets | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total assets 552 213   213   552
Lower-of-cost-or-fair-value reserve, valuation reserve, or cumulative adjustments (184) (97)   (97)   (184)
Goodwill | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Goodwill 362         362
Lower-of-cost-or-fair-value reserve, valuation reserve, or cumulative adjustments (118)         (118)
Repossessed and foreclosed assets | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Other assets 8 7   7   8
Lower-of-cost-or-fair-value reserve, valuation reserve, or cumulative adjustments (1) (2)   (2)   (1)
Level 1 | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Loans held-for-sale, net 0 0   0   0
Level 1 | Assets | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total assets 0 0   0   0
Level 1 | Goodwill | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Goodwill 0         0
Level 1 | Repossessed and foreclosed assets | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Other assets 0 0   0   0
Level 2 | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Loans held-for-sale, net 0 0   0   0
Level 2 | Assets | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total assets 0 0   0   0
Level 2 | Goodwill | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Goodwill 0         0
Level 2 | Repossessed and foreclosed assets | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Other assets 0 0   0   0
Level 3 | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Loans held-for-sale, net 143 179   179   143
Level 3 | Assets | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Total assets 552 213   213   552
Level 3 | Goodwill | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Goodwill 362         362
Level 3 | Repossessed and foreclosed assets | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Other assets 8 7   7   8
Commercial | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Finance receivables and loans, net 39 27   27   39
Lower-of-cost-or-fair-value reserve, valuation reserve, or cumulative adjustments (65) (95)   (95)   (65)
Commercial | Level 1 | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Finance receivables and loans, net 0 0   0   0
Commercial | Level 2 | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Finance receivables and loans, net 0 0   0   0
Commercial | Level 3 | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Finance receivables and loans, net 39 27   27   39
Automotive | Commercial | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Finance receivables and loans, net 13 2   2   13
Lower-of-cost-or-fair-value reserve, valuation reserve, or cumulative adjustments (2) 0   0   (2)
Automotive | Commercial | Level 1 | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Finance receivables and loans, net 0 0   0   0
Automotive | Commercial | Level 2 | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Finance receivables and loans, net 0 0   0   0
Automotive | Commercial | Level 3 | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Finance receivables and loans, net 13 2   2   13
Other | Commercial | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Finance receivables and loans, net 26 25   25   26
Lower-of-cost-or-fair-value reserve, valuation reserve, or cumulative adjustments (63) (95)   (95)   (63)
Other | Commercial | Level 1 | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Finance receivables and loans, net 0 0   0   0
Other | Commercial | Level 2 | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Finance receivables and loans, net 0 0   0   0
Other | Commercial | Level 3 | Fair Value, Nonrecurring            
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]            
Finance receivables and loans, net $ 26 $ 25   $ 25   $ 26
v3.25.3
Fair Value - Schedule of Fair Value, by Balance Sheet Grouping (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Held-to-maturity securities $ 4,433 $ 4,346
Loans held-for-sale, net 179 160
Finance receivables and loans, net 131,107 132,316
Deposit liabilities 148,410 151,574
Short-term borrowings 3,879 1,625
Long-term debt 16,749 17,495
Carrying value    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Held-to-maturity securities 4,433 4,346
Loans held-for-sale, net 179 144
Finance receivables and loans, net 131,107 132,316
FHLB/FRB stock 752 698
Deposit liabilities 40,791 47,242
Short-term borrowings 3,879 1,625
Long-term debt 16,749 17,495
Estimated fair value    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Held-to-maturity securities 4,493 4,293
Loans held-for-sale, net 179 144
Finance receivables and loans, net 134,472 134,603
FHLB/FRB stock 752 698
Deposit liabilities 40,947 47,403
Short-term borrowings 3,880 1,625
Long-term debt 18,018 18,517
Estimated fair value | Level 1    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Held-to-maturity securities 0 0
Loans held-for-sale, net 0 0
Finance receivables and loans, net 0 0
FHLB/FRB stock 0 0
Deposit liabilities 0 0
Short-term borrowings 0 0
Long-term debt 0 0
Estimated fair value | Level 2    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Held-to-maturity securities 4,493 4,293
Loans held-for-sale, net 0 0
Finance receivables and loans, net 0 0
FHLB/FRB stock 752 698
Deposit liabilities 0 0
Short-term borrowings 0 0
Long-term debt 13,134 13,535
Estimated fair value | Level 3    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Held-to-maturity securities 0 0
Loans held-for-sale, net 179 144
Finance receivables and loans, net 134,472 134,603
FHLB/FRB stock 0 0
Deposit liabilities 40,947 47,403
Short-term borrowings 3,880 1,625
Long-term debt $ 4,884 $ 4,982
v3.25.3
Offsetting Assets and Liabilities (Details) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Offsetting [Abstract]    
Derivative assets, gross amounts of recognized assets/liabilities $ 4 $ 12
Derivative assets, gross amounts offset on the Condensed Consolidated Balance Sheet 0 0
Derivative assets, net amounts of assets/liabilities presented on the Condensed Consolidated Balance Sheet 4 12
Derivative assets, gross amounts not offset on the Condensed Consolidated Balance Sheet, financial instruments 0 0
Derivative assets, gross amounts not offset on the Condensed Consolidated Balance Sheet, collateral (4) (10)
Derivative assets, net amount 0 2
Total assets, gross amounts of recognized assets/liabilities 4 12
Total assets, gross amounts offset on the Condensed Consolidated Balance Sheet 0 0
Total assets, net amounts of assets/liabilities presented on the Condensed Consolidated Balance Sheet 4 12
Total assets, gross amounts not offset on the Condensed Consolidated Balance Sheet, financial instruments 0 0
Total assets, gross amounts not offset on the Condensed Consolidated Balance Sheet, collateral (4) (10)
Total assets, net amount 0 2
Securities sold under agreement to repurchase, gross amounts of recognized assets/liabilities 529  
Securities sold under agreements to repurchase, gross amounts offset on the Condensed Consolidated Balance Sheet - gross amounts offset on the consolidated balance sheet 0  
Securities sold under agreements to repurchase, net amounts of assets/liabilities presented on the Condensed Consolidated Balance Sheet 529  
Securities sold under agreement to repurchase, gross amounts not offset on the Condensed Consolidated Balance Sheet, financial instruments 0  
Securities sold under agreement to repurchase, gross amounts not offset on the Condensed Consolidated Balance Sheet, collateral (528)  
Securities sold under agreements to repurchase, net amount 1  
Derivative liabilities, gross amounts of recognized assets/liabilities   4
Derivative liabilities, gross amounts offset on the Condensed Consolidated Balance Sheet   0
Derivative liabilities, net amounts of assets/liabilities presented on the Condensed Consolidated Balance Sheet   4
Derivative liabilities, gross amounts not offset on the Condensed Consolidated Balance Sheet, financial instruments   0
Derivative liabilities, gross amounts not offset on the Condensed Consolidated Balance Sheet, collateral   0
Derivative liabilities, net amount   4
Total liabilities, gross amounts of recognized assets/liabilities 529 4
Total liabilities, gross amounts offset on the Condensed Consolidated Balance Sheet 0 0
Total liabilities, net amounts of assets/liabilities presented on the Condensed Consolidated Balance Sheet 529 4
Total liabilities, gross amounts not offset on the Condensed Consolidated Balance Sheet, financial instruments 0 0
Total liabilities, gross amounts not offset on the Condensed Consolidated Balance Sheet, collateral (528) 0
Total liabilities, net amount 1 4
Derivative assets with no offsetting arrangements   1
Derivative liabilities with no offsetting arrangements $ 4 $ 4
v3.25.3
Segment Information (Details)
$ in Millions
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2025
USD ($)
subsegment
segment
Sep. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Segment Reporting Information [Line Items]          
Number of operating segments | segment     3    
Number of operating subsegments | subsegment     2    
Total financing revenue and other interest income $ 3,387 $ 3,574 $ 10,105 $ 10,694  
Total interest expense 1,578 1,885 4,846 5,673  
Net depreciation expense on operating lease assets 225 169 681 516  
Net financing revenue and other interest income 1,584 1,520 4,578 4,505  
Other revenue 584 615 1,213 1,650  
Total net revenue 2,168 2,135 5,791 6,155  
Provision for credit losses 415 645 990 1,609  
Compensation and benefits expense 447 435 1,382 1,396  
Insurance losses and loss adjustment expenses 141 135 505 428  
Goodwill impairment 0 0 305 0 $ 118
Other operating expenses          
Technology and communications 108 110 312 319  
Other 544 545 1,632 1,676  
Total other operating expenses 652 655 1,944 1,995  
Total noninterest expense 1,240 1,225 4,136 3,819  
Income from continuing operations before income tax expense 513 265 665 727  
Total assets 191,711 192,670 191,711 192,670 191,836
Net financing revenue and other interest income after the provision for credit losses 1,200 875 3,600 2,900  
Operating Segments | Automotive Finance operations          
Segment Reporting Information [Line Items]          
Total financing revenue and other interest income 2,666 2,637 7,840 7,819  
Total interest expense 1,128 1,101 3,286 3,176  
Net depreciation expense on operating lease assets 225 169 681 516  
Net financing revenue and other interest income 1,313 1,367 3,873 4,127  
Other revenue 96 85 290 275  
Total net revenue 1,409 1,452 4,163 4,402  
Provision for credit losses 410 579 1,231 1,410  
Compensation and benefits expense 172 165 521 503  
Insurance losses and loss adjustment expenses 0 0 0 0  
Goodwill impairment     0   0
Other operating expenses          
Technology and communications 31 32 90 95  
Other 375 321 1,053 975  
Total other operating expenses 406 353 1,143 1,070  
Total noninterest expense 578 518 1,664 1,573  
Income from continuing operations before income tax expense 421 355 1,268 1,419  
Total assets 113,726 113,583 113,726 113,583  
Operating Segments | Insurance operations          
Segment Reporting Information [Line Items]          
Total financing revenue and other interest income 49 43 138 123  
Total interest expense 16 13 45 40  
Net depreciation expense on operating lease assets 0 0 0 0  
Net financing revenue and other interest income 33 30 93 83  
Other revenue 420 437 1,206 1,159  
Total net revenue 453 467 1,299 1,242  
Provision for credit losses 0 0 0 0  
Compensation and benefits expense 29 27 85 81  
Insurance losses and loss adjustment expenses 141 135 505 428  
Goodwill impairment     0   0
Other operating expenses          
Technology and communications 5 5 14 14  
Other 199 198 586 587  
Total other operating expenses 204 203 600 601  
Total noninterest expense 374 365 1,190 1,110  
Income from continuing operations before income tax expense 79 102 109 132  
Total assets 9,848 9,455 9,848 9,455  
Operating Segments | Corporate Finance operations          
Segment Reporting Information [Line Items]          
Total financing revenue and other interest income 238 248 692 769  
Total interest expense 127 139 369 428  
Net depreciation expense on operating lease assets 0 0 0 0  
Net financing revenue and other interest income 111 109 323 341  
Other revenue 25 37 73 90  
Total net revenue 136 146 396 431  
Provision for credit losses 8 11 20 13  
Compensation and benefits expense 19 17 63 61  
Insurance losses and loss adjustment expenses 0 0 0 0  
Goodwill impairment     0    
Other operating expenses          
Technology and communications 2 1 4 4  
Other 12 12 42 39  
Total other operating expenses 14 13 46 43  
Total noninterest expense 33 30 109 104  
Income from continuing operations before income tax expense 95 105 267 314  
Total assets 11,343 10,398 11,343 10,398  
Corporate and Other          
Segment Reporting Information [Line Items]          
Total financing revenue and other interest income 434 646 1,435 1,983  
Total interest expense 307 632 1,146 2,029  
Net depreciation expense on operating lease assets 0 0 0 0  
Net financing revenue and other interest income 127 14 289 (46)  
Other revenue 43 56 (356) 126  
Total net revenue 170 70 (67) 80  
Provision for credit losses (3) 55 (261) 186  
Compensation and benefits expense 227 226 713 751  
Insurance losses and loss adjustment expenses 0 0 0 0  
Goodwill impairment     305   $ 118
Other operating expenses          
Technology and communications 70 72 204 206  
Other (42) 14 (49) 75  
Total other operating expenses 28 86 155 281  
Total noninterest expense 255 312 1,173 1,032  
Income from continuing operations before income tax expense (82) (297) (979) (1,138)  
Total assets $ 56,794 $ 59,234 $ 56,794 $ 59,234  
v3.25.3
Subsequent Events (Details) - $ / shares
 3 Months Ended 9 Months Ended
Oct. 07, 2025
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Subsequent Event [Line Items]          
Cash dividends declared per common share (in dollars per share) [1]   $ 0.30 $ 0.30 $ 0.90 $ 0.90
Subsequent event          
Subsequent Event [Line Items]          
Cash dividends declared per common share (in dollars per share) $ 0.30        
[1] Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated based on unrounded numbers.