Exhibit 99.3

SECOND QUARTER 2024

FINANCIAL SUPPLEMENT

ALLY FINANCIAL INC. FORWARD-LOOKING STATEMENTS AND ADDITIONAL INFORMATION

This document and related communications should be read in conjunction with the financial statements, notes, and other information contained in our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. This information is preliminary and based on company and third-party data available at the time of the presentation or related communication.

This document and related communications contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts—such as statements about the outlook for financial and operating metrics, and future capital allocation and actions. Forward-looking statements often use words such as “believe,” “expect,” “anticipate,” “intend,” “pursue,” “seek,” “continue,” “estimate,” “project,” “outlook,” “forecast,” “potential,” “target,” “objective,” “trend,” “plan,” “goal,” “initiative,” “priorities,” or other words of comparable meaning or future-tense or conditional verbs such as “may,” “will,” “should,” “would,” or “could.” Forward-looking statements convey our expectations, intentions, or forecasts about future events, circumstances, or results. All forward-looking statements, by their nature, are subject to assumptions, risks, and uncertainties, which may change over time and many of which are beyond our control. You should not rely on any forward-looking statement as a prediction or guarantee about the future. Actual future objectives, strategies, plans, prospects, performance, conditions, or results may differ materially from those set forth in any forward-looking statement. Some of the factors that may cause actual results or other future events or circumstances to differ from those in forward-looking statements are described in our Annual Report on Form 10-K for the year ended December 31, 2023, our subsequent Quarterly Reports on Form 10-Q or Current Reports on Form 8-K, or other applicable documents that are filed or furnished with the U.S. Securities and Exchange Commission (collectively, our “SEC filings”). Any forward-looking statement made by us or on our behalf speaks only as of the date that it was made. We do not undertake to update any forward-looking statement to reflect the impact of events, circumstances, or results that arise after the date that the statement was made, except as required by applicable securities laws. You, however, should consult further disclosures (including disclosures of a forward-looking nature) that we may make in any subsequent SEC filings.

This document and related communications contain specifically identified non-GAAP financial measures, which supplement the results that are reported according to U.S. generally accepted accounting principles (“GAAP”). These non-GAAP financial measures may be useful to investors but should not be viewed in isolation from, or as a substitute for, GAAP results. Differences between non-GAAP financial measures and comparable GAAP financial measures are reconciled in the presentation.

Unless the context otherwise requires, the following definitions apply. The term “loans” means the following consumer and commercial products associated with our direct and indirect financing activities: loans, retail installment sales contracts, lines of credit, and other financing products excluding operating leases. The term “operating leases” means consumer- and commercial-vehicle lease agreements where Ally is the lessor and the lessee is generally not obligated to acquire ownership of the vehicle at lease-end or compensate Ally for the vehicle’s residual value. The terms “lend,” “finance,” and “originate” mean our direct extension or origination of loans, our purchase or acquisition of loans, or our purchase of operating leases, as applicable. The term “consumer” means all consumer products associated with our loan and operating-lease activities and all commercial retail installment sales contracts. The term “commercial” means all commercial products associated with our loan activities, other than commercial retail installment sales contracts. The term “partnerships” means business arrangements rather than partnerships as defined by law.

2

ALLY FINANCIAL INC. TABLE OF CONTENTS

	Page(s)
Consolidated Results
Consolidated Financial Highlights		4
Consolidated Income Statement		5
Consolidated Period-End Balance Sheet		6
Consolidated Average Balance Sheet		7
Segment Detail
Segment Highlights		8
Automotive Finance		9-10
Insurance		11
Mortgage Finance		12
Corporate Finance		13
Corporate and Other		14
Credit Related Information		15-16
Supplemental Detail
Capital		17
Liquidity and Deposits		18
Net Interest Margin		19
Ally Bank Consumer Mortgage HFI Portfolios		20
Earnings Per Share Related Information		21
Adjusted Tangible Book Per Share Related Information		22
Core ROTCE Related Information		23
Adjusted Efficiency Ratio Related Information		24

3

ALLY FINANCIAL INC. CONSOLIDATED FINANCIAL HIGHLIGHTS

($ in millions, shares in thousands)	QUARTERLY TRENDS															CHANGE VS.
Selected Income Statement Data	2Q 24			1Q 24			4Q 23			3Q 23			2Q 23			1Q 24			2Q 23
Net financing revenue	$	1,495		$	1,456		$	1,493		$	1,533		$	1,573		$	39		$	(78	)
Core OID		14			13			13			12			12			1			2
Net financing revenue (excluding Core OID) (1)		1,509			1,469			1,506			1,545			1,585			40			(76	)
Other revenue		505			530			574			435			506			(25	)		(1	)
Change in fair value of equity securities (2)		28			(11	)		(74	)		56			(25	)		39			53
Adjusted other revenue (1)		533			519			500			491			481			14			52
Provision for credit losses		457			507			587			508			427			(50	)		30
Repositioning		-			-			16			-			-			-			-
Adjusted provision for credit losses (1)		457			507			603			508			427			(50	)		30
Total noninterest expense (3)		1,286			1,308			1,416			1,232			1,249			(22	)		37
Repositioning		-			(10	)		(187	)		(30	)		-			10			-
Noninterest expense (ex. Repositioning) (1)		1,286			1,298			1,229			1,202			1,249			(12	)		37
Pre-tax income from continuing operations		257			171			64			228			403			86			(146	)
Income tax expense (benefit)		(37	)		14			(13	)		(68	)		74			(51	)		(111	)
(Loss) from discontinued operations, net of tax		-			-			(1	)		-			-			-			-
Net Income		294			157			76			296			329			137			(35	)
Preferred Dividends		28			28			27			27			28			-			-
Net income attributable to common shareholders	$	266		$	129		$	49		$	269		$	301		$	137		$	(35	)
Selected Balance Sheet Data (Period-End)
Total assets	$	192,531		$	192,877		$	196,392		$	195,704		$	197,241		$	(346	)	$	(4,710	)
Consumer loans		103,585			103,809			104,977			108,343			107,370			(224	)		(3,785	)
Commercial loans		35,198			34,151			34,462			31,917			31,079			1,047			4,119
Allowance for loan losses		(3,572	)		(3,550	)		(3,587	)		(3,837	)		(3,781	)		(22	)		209
Deposits		152,154			155,084			154,666			152,835			154,310			(2,930	)		(2,156	)
Total equity		13,851			13,657			13,766			12,825			13,532			194			319
Common Share Count
Weighted average basic		306,774			306,003			304,506			304,134			303,684			772			3,090
Weighted average diluted		309,886			308,421			306,730			305,693			304,646			1,465			5,241
Issued shares outstanding (period-end)		304,656			303,978			302,459			301,630			301,619			678			3,037
Per Common Share Data
Earnings per share (basic)	$	0.87		$	0.42		$	0.16		$	0.88		$	0.99		$	0.45		$	(0.12	)
Earnings per share (diluted)		0.86			0.42			0.16			0.88			0.99			0.44			(0.13	)
Adjusted earnings per share (1)		0.97			0.45			0.45			0.83			0.96			0.52			0.01
Book value per share		37.84			37.28			37.83			34.81			37.16			0.55			0.68
Tangible book value per share		35.50			34.91			35.43			31.90			34.22			0.58			1.28
Adjusted tangible book value per share (1)		33.51			32.89			33.36			29.79			32.08			0.62			1.43
Select Financial Ratios
Net interest margin		3.27%			3.13%			3.17%			3.24%			3.38%
Net interest margin (ex. Core OID) (1)		3.30%			3.16%			3.20%			3.26%			3.41%
Cost of funds		4.39%			4.44%			4.35%			4.21%			3.89%
Cost of funds (ex. Core OID)		4.34%			4.38%			4.29%			4.15%			3.84%
Efficiency Ratio		64.3%			65.9%			68.5%			62.6%			60.1%
Adjusted efficiency ratio (1)		53.2%			60.2%			55.7%			52.1%			51.7%
Return on average assets		0.6%			0.3%			0.1%			0.5%			0.6%
Return on average total equity		7.7%			3.8%			1.5%			8.2%			8.9%
Return on average tangible common equity		9.9%			4.8%			1.9%			10.8%			11.8%
Core ROTCE (1)		14.0%			6.5%			6.9%			12.9%			13.9%
Capital Ratios (4)
Common Equity Tier 1 (CET1) capital ratio		9.6%			9.4%			9.4%			9.3%			9.3%
Tier 1 capital ratio		11.0%			10.8%			10.8%			10.7%			10.7%
Total capital ratio		12.7%			12.5%			12.4%			12.5%			12.5%
Tier 1 leverage ratio		8.8%			8.6%			8.7%			8.6%			8.6%

(1) Represents a non-GAAP financial measure. For more details refer to pages 22-27.

(2) For more details refer to pages 25-27.

(3) Including but not limited to employee related expenses, commissions and provision for losses and loss adjustment expense related to the insurance business, information technology expenses, servicing expenses, facilities expenses, marketing expenses, and other professional and legal expenses.

(4) For more details on the final rules to address the impact of CECL on regulatory capital by allowing BHCs and banks, including Ally, to delay and subsequently phase-in its impact, see page 26.

Note: Numbers may not foot due to rounding

4

ALLY FINANCIAL INC. CONSOLIDATED INCOME STATEMENT

($ in millions)	QUARTERLY TRENDS															CHANGE VS.
	2Q 24			1Q 24			4Q 23			3Q 23			2Q 23			1Q 24			2Q 23
Financing revenue and other interest income
Interest and fees on finance receivables and loans	$	2,845		$	2,827		$	2,887		$	2,837		$	2,721		$	18		$	124
Interest on loans held-for-sale		7			36			5			7			7			(29	)		-
Total interest and dividends on investment securities		255			255			260			256			238			-			17
Interest-bearing cash		88			97			90			99			87			(9	)		1
Other earning assets		10			11			10			11			9			(1	)		1
Operating leases		333			356			371			385			392			(23	)		(59	)
Total financing revenue and other interest income		3,538			3,582			3,623			3,595			3,454			(44	)		84
Interest expense
Interest on deposits		1,594			1,651			1,621			1,563			1,418			(57	)		176
Interest on short-term borrowings		27			23			37			13			11			4			16
Interest on long-term debt		244			248			248			274			252			(4	)		(8	)
Interest on other		1			-			2			-			-			1			1
Total interest expense		1,866			1,922			1,908			1,850			1,681			(56	)		185
Depreciation expense on operating lease assets		177			204			222			212			200			(27	)		(23	)
Net financing revenue	$	1,495		$	1,456		$	1,493		$	1,533		$	1,573		$	39		$	(78	)
Other revenue
Insurance premiums and service revenue earned		341			345			335			320			310			(4	)		31
Gain on mortgage and automotive loans, net		6			6			3			4			5			-			1
Other gain / (loss) on investments, net		(7	)		29			85			(41	)		26			(36	)		(33	)
Other income, net of losses		165			150			151			152			165			15			-
Total other revenue		505			530			574			435			506			(25	)		(1	)
Total net revenue		2,000			1,986			2,067			1,968			2,079			14			(79	)
Provision for loan losses		457			507			587			508			427			(50	)		30
Noninterest expense
Compensation and benefits expense		442			519			453			463			448			(77	)		(6	)
Insurance losses and loss adjustment expenses		181			112			93			107			134			69			47
Goodwill impairment		-			-			149			-			-			-			-
Other operating expenses		663			677			721			662			667			(14	)		(4	)
Total noninterest expense		1,286			1,308			1,416			1,232			1,249			(22	)		37
Pre-tax income from continuing operations	$	257		$	171		$	64		$	228		$	403		$	86		$	(146	)
Income tax (benefit) / expense from continuing operations		(37	)		14			(13	)		(68	)		74			(51	)		(111	)
Net income from continuing operations		294			157			77			296			329			137			(35	)
Loss from discontinued operations, net of tax		-			-			(1	)		-			-			-			-
Net income	$	294		$	157		$	76		$	296		$	329		$	137		$	(35	)
Preferred Dividends		28			28			27			27			28			-			-
Net income available to common shareholders	$	266		$	129		$	49		$	269		$	301		$	137		$	(35	)
Core pre-tax Income walk
Net financing revenue	$	1,495		$	1,456		$	1,493		$	1,533		$	1,573		$	39		$	(78	)
Other revenue		505			530			574			435			506			(25	)		(1	)
Provision for credit losses		457			507			587			508			427			(50	)		30
Total noninterest expense		1,286			1,308			1,416			1,232			1,249			(22	)		37
Pre-tax income from continuing operations	$	257		$	171		$	64		$	228		$	403		$	86		$	(146	)
Core OID (1)		14			13			13			12			12			1			2
Change in the fair value of equity securities (2)		28			(11	)		(74	)		56			(25	)		39			53
Repositioning (2)		-			10			172			30			-			(10	)		-
Core pre-tax income (1)	$	299		$	183		$	174		$	326		$	390		$	116		$	(91	)

(1) Represents a non-GAAP financial measure. For more details refer to pages 25-27.

(2) For more details refer to pages 25-27.

Note: Numbers may not foot due to rounding

5

ALLY FINANCIAL INC. CONSOLIDATED PERIOD-END BALANCE SHEET

($ in millions)	QUARTERLY TRENDS															CHANGE VS.
	2Q 24			1Q 24			4Q 23			3Q 23			2Q 23			1Q 24			2Q 23
Assets
Cash and cash equivalents
Noninterest-bearing	$	536		$	589		$	638		$	603		$	536		$	(53	)	$	-
Interest-bearing		6,833			7,564			6,307			7,912			9,436			(731	)		(2,603	)
Total cash and cash equivalents		7,369			8,153			6,945			8,515			9,972			(784	)		(2,603	)
Investment securities (1)		28,602			29,127			29,905			28,532			30,453			(525	)		(1,851	)
Loans held-for-sale, net		316			358			400			289			297			(42	)		19
Finance receivables and loans, net		138,783			137,960			139,439			140,260			138,449			823			334
Allowance for loan losses		(3,572	)		(3,550	)		(3,587	)		(3,837	)		(3,781	)		(22	)		209
Total finance receivables and loans, net		135,211			134,410			135,852			136,423			134,668			801			543
Investment in operating leases, net		8,374			8,731			9,171			9,569			9,930			(357	)		(1,556	)
Premiums receivables and other insurance assets		2,806			2,750			2,749			2,775			2,768			56			38
Other assets		9,853			9,348			9,395			9,601			9,153			505			700
Assets of operations held-for-sale (2)		-			-			1,975			-			-			-			-
Total assets	$	192,531		$	192,877		$	196,392		$	195,704		$	197,241		$	(346	)	$	(4,710	)
Liabilities
Deposit liabilities
Noninterest-bearing	$	156		$	137		$	139		$	188		$	160		$	19		$	(4	)
Interest-bearing		151,998			154,947			154,527			152,647			154,150			(2,949	)		(2,152	)
Total deposit liabilities		152,154			155,084			154,666			152,835			154,310			(2,930	)		(2,156	)
Short-term borrowings		3,122			-			3,297			2,410			2,194			3,122			928
Long-term debt		15,979			17,011			17,570			20,096			20,141			(1,032	)		(4,162	)
Interest payable		1,148			1,118			858			1,437			955			30			193
Unearned insurance premiums and service revenue		3,496			3,480			3,492			3,494			3,478			16			18
Accrued expense and other liabilities		2,781			2,527			2,726			2,607			2,631			254			150
Liabilities of operations held-for-sale		-			-			17			-			-			-			-
Total liabilities	$	178,680		$	179,220		$	182,626		$	182,879		$	183,709		$	(540	)	$	(5,029	)
Equity
Common stock and paid-in capital (3)	$	15,176		$	15,134		$	15,104		$	15,069		$	15,048		$	42		$	128
Preferred stock		2,324			2,324			2,324			2,324			2,324			-			-
Retained earnings		360			188			154			197			23			172			337
Accumulated other comprehensive loss		(4,009	)		(3,989	)		(3,816	)		(4,765	)		(3,863	)		(20	)		(146	)
Total equity		13,851			13,657			13,766			12,825			13,532			194			319
Total liabilities and equity	$	192,531		$	192,877		$	196,392		$	195,704		$	197,241		$	(346	)	$	(4,710	)

(1) Includes Held-to-maturity securities.

(2) Unsecured lending from point-of-sale financing. Moved to Assets of Operations Held-For-Sale (HFS) on 12/31/23. Sale of Ally Lending closed on 03/01/24.

(3) Includes Treasury stock.

Note: Numbers may not foot due to rounding

6

ALLY FINANCIAL INC. CONSOLIDATED AVERAGE BALANCE SHEET ⁽¹⁾

($ in millions)	QUARTERLY TRENDS															CHANGE VS.
	2Q 24			1Q 24			4Q 23			3Q 23			2Q 23			1Q 24			2Q 23
Assets
Interest-bearing cash and cash equivalents	$	7,311		$	7,709		$	7,571		$	8,308		$	7,401		$	(398)		$	(90	)
Investment securities and other earning assets		29,233			29,939			29,407			30,364			31,537			(706	)		(2,304	)
Loans held-for-sale, net		220			382			237			278			422			(162	)		(202	)
Total finance receivables and loans, net (2) (5)		138,322			139,945			140,326			139,153			137,185			(1,623	)		1,137
Investment in operating leases, net		8,619			8,955			9,415			9,817			10,110			(336	)		(1,491	)
Total interest earning assets		183,705			186,930			186,956			187,920			186,655			(3,225	)		(2,950	)
Noninterest-bearing cash and cash equivalents		360			309			257			335			362			51			(2	)
Other assets		11,587			11,443			11,644			10,925			10,781			144			806
Allowance for loan losses		(3,557	)		(3,589	)		(3,801	)		(3,820	)		(3,777	)		32			220
Total assets	$	192,095		$	195,093		$	195,056		$	195,360		$	194,021		$	(2,998)		$	(1,926	)
Liabilities
Interest-bearing deposit liabilities
Retail deposit liabilities	$	142,949		$	143,491		$	140,117		$	139,372		$	138,285		$	(542	)	$	4,664
Other interest-bearing deposit liabilities (3)		9,316			11,712			13,391			13,973			13,935			(2,396	)		(4,619	)
Total Interest-bearing deposit liabilities		152,265			155,203			153,508			153,345			152,220			(2,938	)		45
Short-term borrowings		2,254			1,726			2,714			948			833			528			1,421
Long-term debt (4)		16,367			17,309			17,933			20,315			20,256			(942	)		(3,889	)
Total interest-bearing liabilities (4)		170,886			174,238			174,155			174,608			173,309			(3,352	)		(2,423	)
Noninterest-bearing deposit liabilities		147			149			164			181			162			(2	)		(15	)
Other liabilities		7,231			7,021			7,826			6,503			6,760			210			471
Total liabilities	$	178,264		$	181,408		$	182,145		$	181,292		$	180,231		$	(3,144)		$	(1,967	)
Equity
Total equity	$	13,831		$	13,685		$	12,911		$	14,068		$	13,790		$	146		$	41
Total liabilities and equity	$	192,095		$	195,093		$	195,056		$	195,360		$	194,021		$	(2,998)		$	(1,926	)

(1) Average balances are calculated using a combination of monthly and daily average methodologies.

(2) Nonperforming finance receivables and loans are included in the average balances net of unearned income, unamortized premiums and discounts, and deferred fees and costs.

(3) Includes brokered (inclusive of sweep deposits) and other deposits.

(4) Includes average Core OID balance of $773 million in 2Q24, $786 million in 1Q24, $799 million in 4Q23, $812 million in 3Q23, and $824 million in 2Q23.

(5) Includes the effects of finance receivables and loans, net that were transferred to loans held-for-sale, net and subsequently transferred to assets of operations held-for-sale as of December 31, 2023.

Note: Numbers may not foot due to rounding

7

ALLY FINANCIAL INC. SEGMENT HIGHLIGHTS

($ in millions)

	QUARTERLY TRENDS															CHANGE VS.
	2Q 24			1Q 24			4Q 23			3Q 23			2Q 23			1Q 24			2Q 23
Pre-tax Income / (Loss)
Automotive Finance	$	407		$	322		$	294		$	377		$	501		$	85		$	(94	)
Insurance		(42	)		70			129			(16	)		8			(112	)		(50	)
Dealer Financial Services		365			392			423			361			509			(27	)		(144	)
Corporate Finance		98			90			79			84			72			8			26
Mortgage Finance		27			25			24			26			21			2			6
Corporate and Other (1)		(233	)		(336	)		(462	)		(243	)		(199	)		103			(34	)
Pre-tax income from continuing operations	$	257		$	171		$	64		$	228		$	403		$	86		$	(146	)
Core OID (2) (4)		14			13			13			12			12			1			2
Change in the fair value of equity securities (3)		28			(11	)		(74	)		56			(25	)		39			53
Repositioning (4)		-			10			172			30			-			(10	)		-
Core pre-tax income (4)	$	299		$	183		$	174		$	326		$	390		$	116		$	(91	)

(1) Corporate and Other includes the impact of centralized asset and liability management, corporate overhead allocation activities, the legacy mortgage portfolio, Ally Invest activity, Ally Lending activity and the Credit Card portfolio. The sale of Ally Lending closed on 03/01/24.

(2) Core OID for all periods shown are applied to the pre-tax income of the Corporate and Other segment.

(3) For more details refer to pages 25-27.

(4) Represents a non-GAAP measure. For more details refer to pages 25-27.

Note: Numbers may not foot due to rounding

8

ALLY FINANCIAL INC. AUTOMOTIVE FINANCE - CONDENSED FINANCIAL STATEMENTS

($ in millions)

	QUARTERLY TRENDS															CHANGE VS.
Income Statement	2Q 24			1Q 24			4Q 23			3Q 23			2Q 23			1Q 24			2Q 23
Net financing revenue
Consumer	$	1,837		$	1,808		$	1,799		$	1,748		$	1,649		$	29		$	188
Commercial		435			411			394			364			335			24			100
Loans held-for-sale		1			1			1			2			1			-			-
Operating leases		333			356			371			385			392			(23	)		(59	)
Total financing revenue and other interest income		2,606			2,576			2,565			2,499			2,377			30			229
Interest expense		1,115			1,058			1,013			927			828			57			287
Depreciation expense on operating lease assets:
Depreciation expense on operating lease assets (ex. remarketing)		236			249			260			268			271			(13	)		(34	)
Remarketing gains, net of repo valuation		(59	)		(46	)		(37	)		(57	)		(70	)		(13	)		11
Total depreciation expense on operating lease assets		177			204			222			212			200			(27	)		(23	)
Net financing revenue		1,314			1,314			1,330			1,360			1,349			-			(35	)
Other revenue
Total other revenue		93			97			82			79			83			(4	)		10
Total net revenue		1,407			1,411			1,412			1,439			1,432			(4	)		(25	)
Provision for credit losses		383			448			492			444			331			(65	)		52
Noninterest expense
Compensation and benefits		160			178			163			164			160			(18	)		-
Other operating expenses		457			463			463			454			440			(6	)		17
Total noninterest expense		617			641			626			618			600			(24	)		17
Pre-tax Income	$	407		$	322		$	294		$	377		$	501		$	85		$	(94	)
Memo: Net lease revenue
Operating lease revenue	$	333		$	356		$	371		$	385		$	392		$	(23	)	$	(59	)
Depreciation expense on operating lease assets (ex. remarketing)		236			249			260			268			271			(13	)		(34	)
Remarketing gains, net of repo valuation		(59	)		(46	)		(37	)		(57	)		(70	)		(13	)		11
Total depreciation expense on operating lease assets		177			204			222			212			200			(27	)		(23	)
Net lease revenue	$	156		$	152		$	149		$	173		$	192		$	4		$	(36	)
Balance Sheet (Period-End)
Loans held-for-sale, net	$	6		$	5		$	13		$	21		$	10		$	1		$	(4	)
Consumer loans		83,694			83,587			84,414			85,728			84,725			107			(1,031	)
Commercial loans		25,220			23,765			23,334			21,057			20,732			1,455			4,488
Allowance for loan losses		(3,092	)		(3,083	)		(3,117	)		(3,153	)		(3,103	)		(9	)		11
Total finance receivables and loans, net		105,822			104,269			104,631			103,632			102,354			1,553			3,468
Investment in operating leases, net		8,374			8,731			9,171			9,569			9,930			(357	)		(1,556	)
Other assets		1,570			1,608			1,572			1,520			1,463			(38	)		107
Total assets	$	115,772		$	114,613		$	115,387		$	114,742		$	113,757		$	1,159		$	2,015

Note: Numbers may not foot due to rounding

9

ALLY FINANCIAL INC. AUTOMOTIVE FINANCE - KEY STATISTICS

	QUARTERLY TRENDS										CHANGE VS.
	2Q 24		1Q 24		4Q 23		3Q 23		2Q 23		1Q 24			2Q 23
U.S. Consumer Originations (1) ($ in billions)
Retail standard - new vehicle GM	$	1.1	$	1.0	$	1.1	$	1.1	$	1.1	$	0.1		$	(0.0	)
Retail standard - new vehicle Stellantis		0.7		0.6		0.7		0.7		0.8		0.1			(0.2	)
Retail standard - new vehicle Other		1.0		0.9		1.0		1.1		1.0		0.1			(0.0	)
Used vehicle		6.1		6.6		6.2		6.9		6.6		(0.5	)		(0.5	)
Lease		0.9		0.7		0.6		0.7		0.8		0.2			0.1
Retail subvented		-		-		-		0.0		0.0		-			(0.0	)
Total originations	$	9.8	$	9.8	$	9.6	$	10.6	$	10.4	$	0.0		$	(0.6	)
U.S. Consumer Originations - FICO Score
Super prime (760-999)	$	2.7	$	2.4	$	2.4	$	2.5	$	2.4	$	0.3		$	0.3
High prime (720-759)		1.4		1.4		1.4		1.5		1.4		-			-
Prime (660-719)		2.8		2.8		2.7		3.1		3.1		0.0			(0.3	)
Prime/Near (620-659)		1.6		1.7		1.5		1.8		1.8		(0.1	)		(0.2	)
Non-Prime (540-619)		0.6		0.7		0.6		0.7		0.7		(0.1	)		(0.1	)
Sub-Prime (0-539)		0.1		0.2		0.2		0.2		0.2		(0.1	)		(0.1	)
No FICO (Primarily CSG)		0.6		0.7		0.8		0.8		0.8		(0.1	)		(0.2	)
Total originations	$	9.8	$	9.8	$	9.6	$	10.6	$	10.4	$	0.0		$	(0.6	)
U.S. Consumer Retail Originations - Average FICO
New vehicle		714		712		718		712		709		3			5
Used vehicle		710		702		703		701		698		9			13
Total retail originations		712		704		707		704		701		7			11
U.S. Market
New light vehicle sales (SAAR - units in millions)		15.7		15.3		15.7		15.7		15.8		0.4			(0.1	)
New light vehicle sales (quarterly - units in millions)		4.1		3.8		3.9		4.0		4.1		0.3			0.0
Dealer Engagement
Total Active DFS Dealers (2)		21,825		21,787		21,829		22,323		22,171		38			(346	)
Total Application Volume (000s)		3,732		3,764		3,322		3,674		3,517		(32	)		215
Ally U.S. Commercial Outstandings EOP ($ in billions)
Floorplan outstandings	$	18.7	$	17.3	$	17.0	$	14.9	$	14.6	$	1.3		$	4.0
Dealer loans and other		6.6		6.4		6.3		6.1		6.1		0.1			0.5
Total Commercial outstandings	$	25.2	$	23.8	$	23.3	$	21.1	$	20.7	$	1.5		$	4.5
U.S. Off-Lease Remarketing
Off-lease vehicles terminated - on-balance sheet (# in units)		41,601		31,926		26,237		29,484		29,872		9,675			11,729
Average gain per vehicle	$	1,420	$	1,431	$	1,422	$	1,944	$	2,335	$	(11	)	$	(914	)
Total gain ($ in millions)	$	59	$	46	$	37	$	57	$	70	$	13		$	(11	)

(1) Some standard rate loan originations contain manufacturer sponsored cash back rebate incentives. Some lease originations contain rate subvention. While Ally may jointly develop marketing programs for these originations, Ally does not have exclusive rights to such originations under operating agreements with manufacturers.

(2) A dealer is considered to have an active relationship with us if we provided automotive financing, remarketing, or insurance services during the three months ended June 30, 2024.

Note: Numbers may not foot due to rounding

10

ALLY FINANCIAL INC. INSURANCE - CONDENSED FINANCIAL STATEMENTS AND KEY STATISTICS

($ in millions)

	QUARTERLY TRENDS													CHANGE VS.
Income Statement (GAAP View)	2Q 24			1Q 24		4Q 23		3Q 23			2Q 23			1Q 24			2Q 23
Net financing revenue
Total interest and fees on finance receivables and loans(1)	$	4		$	3	$	3	$	2		$	3		$	1		$	1
Interest and dividends on investment securities		32			31		34		32			31			1			1
Interest bearing cash		5			5		5		3			2			-			3
Total financing revenue and other interest revenue		41			39		42		37			36			2			5
Interest expense		11			10		9		8			7			1			4
Net financing revenue		30			29		33		29			29			1			1
Other revenue
Insurance premiums and service revenue earned		341			345		335		320			310			(4	)		31
Other gain / (loss) on investments, net		(6	)		35		78		(31	)		25			(41	)		(31	)
Other income, net of losses		3			4		4		4			2			(1	)		1
Total other revenue		338			384		417		293			337			(46	)		1
Total net revenue		368			413		450		322			366			(45	)		2
Noninterest expense
Compensation and benefits expense		26			28		27		26			27			(2	)		(1	)
Insurance losses and loss adjustment expenses		181			112		93		107			134			69			47
Other operating expenses		203			203		201		205			197			-			6
Total noninterest expense		410			343		321		338			358			67			52
Pre-tax income (loss)	$	(42	)	$	70	$	129	$	(16	)	$	8		$	(112	)	$	(50	)
Memo: Income Statement (Managerial View)
Insurance premiums and other income
Insurance premiums and service revenue earned	$	341		$	345	$	335	$	320		$	310		$	(4	)	$	31
Investment income and other (adjusted) (2)		52			47		44		44			30			5			22
Other income		3			4		4		4			2			(1	)		1
Total insurance premiums and other income		396			396		383		368			342			0			54
Expense
Insurance losses and loss adjustment expenses		181			112		93		107			134			69			47
Acquisition and underwriting expenses
Compensation and benefit expense		26			28		27		26			27			(2	)		(1	)
Insurance commission expense		162			161		161		160			158			0			3
Other expense		41			42		40		45			39			(0	)		3
Total acquistion and underwriting expense		229			231		228		231			224			(2	)		5
Total expense		410			343		321		338			358			67			52
Core pre-tax (loss) / income (2)		(14	)		53		62		30			(16	)		(67	)		2
Change in the fair value of equity securities (3)		(28	)		17		67		(46	)		24			(45	)		(52	)
Income (loss) before income tax expense	$	(42	)	$	70	$	129	$	(16	)	$	8		$	(112	)	$	(50	)
Balance Sheet (Period-End)
Cash and investment securities	$	5,285		$	5,285	$	5,333	$	5,086		$	5,280		$	-		$	5
Intercompany loans(1)		727			719		619		547			510			8			217
Premiums receivable and other insurance assets		2,824			2,768		2,767		2,791			2,783			56			41
Other assets		338			328		362		312			317			10			21
Total assets	$	9,174		$	9,100	$	9,081	$	8,736		$	8,890		$	74		$	284
Key Statistics
Total written premiums and revenue (4)	$	344		$	354	$	333	$	335		$	299		$	(10	)	$	45
Loss ratio (5)		52.5%			32.2%		27.6%		33.0%			43.0%
Underwriting expense ratio (6)		66.2%			66.4%		67.2%		71.3%			71.5%
Combined ratio		118.7%			98.6%		94.8%		104.3%			114.6%

(1) Intercompany activity represents excess liquidity placed with corporate segment.

(2) Represents a non-GAAP financial measure. For more details refer to pages 25-27.

(3) For more details refer to pages 25-27.

(4) Written premiums are net of ceded premium for reinsurance.

(5) Loss ratio is calculated as Insurance losses and loss adjustment expenses divided by Insurance premiums and service revenue earned and Other Income, net of losses.

(6) Underwriting expense ratio is calculated as Compensation and benefits expense and Other operating expenses divided by Insurance premiums and service revenue earned and Other income, net of losses.

Note: Numbers may not foot due to rounding

11

ALLY FINANCIAL INC. MORTGAGE FINANCE - CONDENSED FINANCIAL STATEMENTS

($ in millions)

	QUARTERLY TRENDS															CHANGE VS.
Income Statement	2Q 24			1Q 24			4Q 23			3Q 23			2Q 23			1Q 24			2Q 23
Net financing revenue
Total financing revenue and other interest income	$	145		$	146		$	147		$	149		$	151		$	(1	)	$	(6	)
Interest expense		92			94			96			96			98			(2	)		(6	)
Net financing revenue		53			52			51			53			53			1			-
Gain on mortgage loans, net		5			6			3			4			5			(1	)		-
Total other revenue		5			6			3			4			5			(1	)		-
Total net revenue		58			58			54			57			58			-			-
Provision for loan losses		(1	)		-			-			(2	)		-			(1	)		(1	)
Noninterest expense
Compensation and benefits expense		5			5			4			5			5			-			-
Other operating expense		27			28			26			28			32			(1	)		(5	)
Total noninterest expense		32			33			30			33			37			(1	)		(5	)
Pre-tax Income	$	27		$	25		$	24		$	26		$	21		$	2		$	6
Balance Sheet (Period-End)
Finance receivables and loans, net:
Consumer loans	$	17,803		$	18,227		$	18,442		$	18,657		$	18,894		$	(424	)	$	(1,091	)
Allowance for loan losses		(17	)		(18	)		(18	)		(19	)		(20	)		1			3
Total finance receivables and loans, net		17,786			18,209			18,424			18,638			18,874			(423	)		(1,088	)
Loans held for sale, net		157			27			25			29			36			130			121
Other assets		67			67			63			78			87			-			(20	)
Total assets	$	18,010		$	18,303		$	18,512		$	18,745		$	18,997		$	(293	)	$	(987	)

Note: Numbers may not foot due to rounding

12

ALLY FINANCIAL INC. CORPORATE FINANCE - CONDENSED FINANCIAL STATEMENTS

($ in millions)

	QUARTERLY TRENDS															CHANGE VS.
Income Statement	2Q 24			1Q 24			4Q 23			3Q 23			2Q 23			1Q 24			2Q 23
Net financing revenue
Total financing revenue and other interest income	$	252		$	269		$	264		$	248		$	234		$	(17	)	$	18
Interest expense		148			158			159			151			142			(10	)		6
Net financing revenue		104			111			105			97			92			(7	)		12
Total other revenue		30			23			23			24			28			7			2
Total net revenue		134			134			128			121			120			-			14
Provision for loan losses		3			(1	)		17			5			15			4			(12	)
Noninterest expense
Compensation and benefits expense		17			27			17			16			17			(10	)		-
Other operating expense		16			18			15			16			16			(2	)		-
Total noninterest expense		33			45			32			32			33			(12	)		-
Pre-tax income	$	98		$	90		$	79		$	84		$	72		$	8		$	26
Change in the fair value of equity securities (1)		(0	)		0			0			(0	)		(1	)		(1	)		1
Core pre-tax income (2)	$	98		$	90		$	79		$	84		$	71		$	7		$	27
Balance Sheet (Period-End)
Equity securities	$	2		$	5		$	6		$	6		$	6		$	(3	)	$	(4	)
Loans held for sale, net		101			213			253			81			48			(112	)		53
Commercial loans		9,737			10,144			10,905			10,637			10,132			(407	)		(395	)
Allowance for loan losses		(156	)		(152	)		(153	)		(185	)		(176	)		(4	)		20
Total finance receivables and loans, net		9,581			9,992			10,752			10,452			9,956			(411	)		(375	)
Other assets		185			200			201			210			180			(15	)		5
Total assets	$	9,869		$	10,410		$	11,212		$	10,749		$	10,190		$	(541	)	$	(321	)

(1) For more details refer to pages 25-27.

(2) Represents a non-GAAP financial measure. For more details refer to pages 25-27.

Note: Numbers may not foot due to rounding

13

ALLY FINANCIAL INC. CORPORATE AND OTHER - CONDENSED FINANCIAL STATEMENTS

($ in millions)

	QUARTERLY TRENDS															CHANGE VS.
Income Statement	2Q 24			1Q 24			4Q 23			3Q 23			2Q 23			1Q 24			2Q 23
Net financing revenue
Total financing revenue and other interest income	$	494		$	552		$	605		$	662		$	656		$	(58	)	$	(162	)
Interest expense		500			602			631			668			606			(102	)		(106	)
Net financing revenue		(6	)		(50	)		(26	)		(6	)		50			44			(56	)
Other revenue
Other gain/(loss) on investments, net		(1	)		(6	)		8			(11	)		-			5			(1	)
Other income, net of losses (1)		40			26			41			46			53			14			(13	)
Total other revenue		39			20			49			35			53			19			(14	)
Total net revenue		33			(30	)		23			29			103			63			(70	)
Provision for loan losses		72			60			78			61			81			12			(9	)
Noninterest expense
Compensation and benefits expense		234			281			242			252			239			(47	)		(5	)
Goodwill impairment		-			-			149			-			-			-			-
Other operating expense (2)		(40	)		(35	)		16			(41	)		(18	)		(5	)		(22	)
Total noninterest expense		194			246			407			211			221			(52	)		(27	)
Pre-tax (loss) income	$	(233	)	$	(336	)	$	(462	)	$	(243	)	$	(199	)	$	103		$	(34	)
Change in the fair value of equity securities (3)		1			6			(7	)		10			-			(5	)		1
Core OID (4)		14			13			13			12			12			1			2
Repositioning (3)		-			10			172			30			-			(10	)		-
Core pre-tax (loss) income (4)	$	(218	)	$	(307	)	$	(284	)	$	(191	)	$	(187	)	$	88		$	(31	)
Balance Sheet (Period-End)
Cash, trading and investment securities	$	30,684		$	31,990		$	31,511		$	31,955		$	35,139		$	(1,306	)	$	(4,455	)
Loans held-for-sale, net		52			113			109			158			203			(61	)		(151	)
Consumer loans		2,088			1,995			2,121			3,958			3,751			93			(1,663	)
Commercial loans		241			242			223			223			215			(1	)		26
Intercompany loans(5)		(727	)		(719	)		(619	)		(547	)		(510	)		(8	)		(217	)
Allowance for loan losses		(307	)		(297	)		(299	)		(480	)		(482	)		(10	)		175
Total finance receivables and loans, net		1,295			1,221			1,426			3,154			2,974			74			(1,679	)
Other assets		7,675			7,127			7,179			7,465			7,091			548			584
Assets of operations held-for-sale (6)		-			-			1,975			-			-			-			-
Total assets	$	39,706		$	40,451		$	42,200		$	42,732		$	45,407		$	(745	)	$	(5,701	)
Core OID Amortization Schedule (4)	2024			2025			2026			2027			2028 & After
Remaining Core OID amortization expense	$	29		$	66		$	77		$	89			Avg = $126/yr

(1) Includes the impact of centralized asset and liability management, corporate overhead allocation activities, the legacy mortgage portfolio, Ally Invest activity, and Ally Lending activity.

(2) Other operating expenses includes corporate overhead allocated to the other business segments. Amounts of corporate overhead allocated were $335 million for 2Q24, $346 million for 1Q24, $342 million for 4Q23, $348 million for 3Q23, and $331 million for 2Q23. The receiving business segment records the allocation of corporate overhead expense within other operating expenses.

(3) For more details refer to pages 25-27.

(4) Represents a non-GAAP financial measure. For more details refer to pages 25-27.

(5) Intercompany loans related to activity between Insurance and Corporate and Other for liquidity purposes.

(6) Unsecured lending from point-of-sale financing. Moved to Assets of Operations Held-For-Sale (HFS) on 12/31/23. Sale of Ally Lending closed on 03/01/24.

Note: Numbers may not foot due to rounding

14

ALLY FINANCIAL INC. CREDIT RELATED INFORMATION

($ in millions)	QUARTERLY TRENDS												CHANGE VS.
Asset Quality - Consolidated (1)	2Q 24			1Q 24		4Q 23		3Q 23			2Q 23		1Q 24			2Q 23
Ending loan balance	$	138,783		$	137,960	$	139,439	$	140,260		$	138,449	$	823		$	334
30+ Accruing DPD	$	3,737		$	3,347	$	3,856	$	3,459		$	3,169	$	390		$	568
30+ Accruing DPD %		2.69%			2.43%		2.76%		2.47%			2.29%
60+ Accruing DPD	$	1,087		$	948	$	1,077	$	934		$	841	$	139		$	246
60+ Accruing DPD %		0.78%			0.69%		0.77%		0.67%			0.61%
Non-performing loans (NPLs)	$	1,215		$	1,252	$	1,394	$	1,500		$	1,404	$	(37	)	$	(189	)
Net charge-offs (NCOs)	$	435		$	539	$	623	$	456		$	399	$	(104	)	$	36
Net charge-off rate (2)		1.26%			1.55%		1.77%		1.31%			1.16%
Provision for loan losses	$	457		$	507	$	587	$	508		$	427	$	(50	)	$	30
Allowance for loan losses (ALLL)	$	3,572		$	3,550	$	3,587	$	3,837		$	3,781	$	22		$	(209	)
ALLL as % of Loans (3) (4)		2.57%			2.57%		2.57%		2.73%			2.72%
ALLL as % of NPLs (3)		294%			284%		257%		256%			269%
ALLL as % of NCOs (3)		205%			165%		144%		211%			237%
U.S. Auto Delinquencies - HFI Retail Contract $’s (5)
30+ Delinquent contract $	$	3,620		$	3,239	$	3,730	$	3,290		$	3,032	$	381		$	588
% of retail contract $outstanding		4.33%			3.88%		4.42%		3.85%			3.60%
60+ Delinquent contract $	$	1,049		$	915	$	1,037	$	878		$	796	$	134		$	253
% of retail contract $ outstanding		1.26%			1.10%		1.23%		1.03%			0.94%
U.S. Auto Annualized Net Charge-Offs - HFI Retail Contract $’s
Net charge-offs	$	378		$	477	$	470	$	393		$	277	$	(99	)	$	101
% of avg. HFI assets (2)		1.81%			2.27%		2.21%		1.85%			1.32%
U.S. Auto Annualized Net Charge-Offs - HFI Commercial Contract $’s
Net charge-offs	$	(4	)	$	1	$	19	$	(0	)	$	4	$	(5	)	$	(8	)
% of avg. HFI assets (2)		(0.07	)%		0.02%		0.34%		-%			0.09%

(1) Loans within this table are classified as held-for-investment recorded at amortized cost as these loans are included in our allowance for loan losses.

(2) Net charge-off ratios are calculated as annualized net charge-offs divided by average outstanding finance recievables and loans excluding loans measured at fair value, conditional repurchase loans and loans held-for-sale during the year for each loan category.

(3) Excludes provision for credit losses related to our reserve for unfunded commitments.

(4) ALLL coverage ratios are based on the allowance for loan losses related to loans held-for-investment excluding those loans held at fair value as a percentage of the unpaid principal balance, net of premiums and discounts.

(5) Auto delinquency metrics include accruing contracts only.

Note: Numbers may not foot due to rounding

15

ALLY FINANCIAL INC. CREDIT RELATED INFORMATION, CONTINUED

( $ in millions)
Automotive Finance (1)	QUARTERLY TRENDS										CHANGE VS.
Consumer	2Q 24		1Q 24		4Q 23		3Q 23		2Q 23		1Q 24			2Q 23
Allowance for loan losses	$	3,055	$	3,050	$	3,083	$	3,104	$	3,064	$	5		$	(9	)
Total consumer loans (2)	$	83,528	$	83,406	$	84,320	$	85,370	$	84,294	$	122		$	(766	)
Coverage ratio (3)		3.65%		3.65%		3.65%		3.62%		3.62%
Commercial
Allowance for loan losses	$	37	$	33	$	34	$	49	$	39	$	4		$	(2	)
Total commercial loans	$	25,220	$	23,765	$	23,334	$	21,057	$	20,732	$	1,455		$	4,488
Coverage ratio		0.15%		0.14%		0.15%		0.23%		0.19%
Mortgage (1)
Consumer
Mortgage Finance
Allowance for loan losses	$	17	$	18	$	18	$	19	$	20	$	(1	)	$	(3	)
Total consumer loans	$	17,803	$	18,227	$	18,442	$	18,657	$	18,894	$	(424	)	$	(1,091	)
Coverage ratio		0.09%		0.10%		0.10%		0.10%		0.10%
Mortgage - Legacy
Allowance for loan losses	$	2	$	3	$	3	$	3	$	3	$	(1	)	$	(1	)
Total consumer loans	$	205	$	214	$	225	$	238	$	255	$	(9	)	$	(50	)
Coverage ratio		1.15%		1.26%		1.32%		1.29%		1.28%
Total Mortgage
Allowance for loan losses	$	19	$	21	$	21	$	22	$	23	$	(2	)	$	(4	)
Total consumer loans	$	18,008	$	18,441	$	18,667	$	18,895	$	19,149	$	(433	)	$	(1,141	)
Coverage ratio		0.11%		0.11%		0.11%		0.11%		0.12%
Consumer Other - Ally Lending (1) (4)
Allowance for loan losses	$	-	$	-	$	-	$	202	$	210	$	-		$	(210	)
Total consumer loans	$	-	$	-	$	-	$	2,206	$	2,170	$	-		$	(2,170	)
Coverage ratio		-%		-%		-%		9.16%		9.68%
Consumer Other - Ally Credit Card (1)
Allowance for loan losses	$	302	$	291	$	293	$	272		266	$	11		$	36
Total consumer loans	$	2,049	$	1,962	$	1,990	$	1,872		1,757	$	87		$	292
Coverage ratio		14.73%		14.85%		14.72%		14.55%		15.14%
Corporate Finance (1)
Allowance for loan losses	$	156	$	152	$	153	$	185	$	176	$	4		$	(20	)
Total commercial loans	$	9,737	$	10,144	$	10,905	$	10,636	$	10,132	$	(407	)	$	(395	)
Coverage ratio		1.60%		1.50%		1.40%		1.74%		1.74%
Corporate and Other (1)
Allowance for loan losses	$	3	$	3	$	3	$	3	$	3	$	-		$	-
Total commercial loans	$	241	$	242	$	223	$	224	$	215	$	(1	)	$	26
Coverage ratio		1.36%		1.36%		1.36%		1.36%		1.36%

(1) ALLL coverage ratios are based on the domestic allowance as a percentage of finance receivables and loans reported at their gross carrying value, which includes the principal amount outstanding, net of unearned income, unamortized deferred fees reduced by costs on originated loans, unamortized premiums and discounts on purchased loans, unamortized basis adjustments arising from the designation of finance receivables and loans as the hedged item in qualifying fair value hedge relationships, and cumulative principal charge-offs. Excludes loans held at fair value.

(2) Includes ($166M) of fair value adjustment for loans in hedge accounting relationships in 2Q24, ($181M) in 1Q24, ($93M) in 4Q23, ($358M) in 3Q23 and ($432M) in 2Q23.

(3) Excludes ($166M) of fair value adjustment for loans in hedge accounting relationships in 2Q24, ($181M) in 1Q24, ($93M) in 4Q23, ($358M) in 3Q23 and ($432M) in 2Q23.

(4) Unsecured consumer lending from point-of-sale financing. Moved to Assets of Operations Held for Sale on 12/31/2023. Sale of Ally Lending closed on 03/01/2024.

Note: Numbers may not foot due to rounding

16

ALLY FINANCIAL INC. CAPITAL

($ in billions)	QUARTERLY TRENDS															CHANGE VS.
Capital	2Q 24			1Q 24			4Q 23			3Q 23			2Q 23			1Q 24			2Q 23
Risk-weighted assets	$	157.5		$	158.3		$	161.6		$	161.1		$	159.2		$	(0.8	)	$	(1.7	)
Common Equity Tier 1 (CET1) capital ratio		9.6%			9.4%			9.4%			9.3%			9.3%
Tier 1 capital ratio		11.0%			10.8%			10.8%			10.7%			10.7%
Total capital ratio		12.7%			12.5%			12.4%			12.5%			12.5%
Tangible common equity / Tangible assets (1)(2)		5.6%			5.5%			5.5%			4.9%			5.3%
Tangible common equity / Risk-weighted assets (1)		6.9%			6.7%			6.6%			6.0%			6.5%
Shareholders’ equity	$	13.9		$	13.7		$	13.8		$	12.8		$	13.5		$	0.2		$	0.4
add: CECL phase-in adjustment		0.3			0.3			0.6			0.6			0.6			-			(0.3	)
less:   Certain AOCI items and other adjustments		3.3			3.3			3.1			3.9			3.0			-			0.3
Preferred equity		(2.3	)		(2.3	)		(2.3	)		(2.3	)		(2.3	)		-			-
Common Equity Tier 1 capital	$	15.1		$	14.9		$	15.1		$	15.0		$	14.8		$	0.2		$	0.3
Common Equity Tier 1 capital	$	15.1		$	14.9		$	15.1		$	15.0		$	14.8		$	0.2		$	0.3
add: Preferred equity		2.3			2.3			2.3			2.3			2.3			-			-
less:   Other adjustments		(0.1	)		(0.1	)		(0.1	)		(0.1	)		(0.1	)		-			-
Tier 1 capital	$	17.4		$	17.2		$	17.4		$	17.3		$	17.1		$	0.2		$	0.3
Tier 1 capital	$	17.4		$	17.2		$	17.4		$	17.3		$	17.1		$	0.2		$	0.3
add: Qualifying subordinated debt		0.7			0.7			0.7			0.9			0.9			-			(0.2	)
Allowance for loan and lease losses includible in Tier 2 capital and other adjustments		1.9			1.9			2.0			2.0			1.9			-			-
Total capital	$	20.0		$	19.8		$	20.1		$	20.1		$	19.9		$	0.2		$	0.1
Total shareholders’ equity	$	13.9		$	13.7		$	13.8		$	12.8		$	13.5		$	0.2		$	0.4
less:   Preferred equity		(2.3	)		(2.3	)		(2.3	)		(2.3	)		(2.3	)		-			-
Goodwill and intangible assets, net of deferred tax liabilities		(0.7	)		(0.7	)		(0.7	)		(0.9	)		(0.9	)		-			0.2
Tangible common equity (1)	$	10.8		$	10.6		$	10.7		$	9.6		$	10.3		$	0.2		$	0.5
Total assets	$	192.5		$	192.9		$	196.4		$	195.7		$	197.2		$	(0.4	)	$	(4.7	)
less:   Goodwill and intangible assets, net of deferred tax liabilities		(0.7	)		(0.7	)		(0.7	)		(0.9	)		(0.9	)		-			0.2
Tangible assets (2)	$	191.8		$	192.2		$	195.7		$	194.8		$	196.4		$	(0.4	)	$	(4.6	)

Note: Numbers may not foot due to rounding

(1) Represents a non-GAAP financial measure. For more details refer to pages 25-27.

(2) Ally defines tangible assets as total assets less goodwill and intangible assets, net of deferred tax liabilities.

For more details on the final rules to address the impact of CECL on regulatory capital by allowing BHCs and banks, including Ally, to delay and subsequently phase-in its impact, see page 26.

17

ALLY FINANCIAL INC. LIQUIDITY AND DEPOSITS

	QUARTERLY TRENDS										CHANGE VS.
Consolidated Available Liquidity ($ in billions)	2Q 24		1Q 24		4Q 23		3Q 23		2Q 23		1Q 24			2Q 23
Liquid cash and cash equivalents (1)	$	6.7	$	7.4	$	6.5	$	8.0	$	9.5	$	(0.7	)	$	(2.7	)
Highly liquid securities (2)		18.9		20.9		20.6		19.6		20.7		(2.0	)		(1.8	)
Subtotal	$	25.6	$	28.3	$	27.1	$	27.6	$	30.2	$	(2.7	)	$	(4.6	)
FHLB Unused Pledged Borrowing Capacity		12.2		13.8		10.3		11.0		12.3		(1.6	)		(0.1	)
FRB Discount Window Unused Pledged Capacity		26.5		26.3		26.0		25.6		2.1		0.2			24.4
Total unused pledged capacity	$	38.8	$	40.0	$	36.4	$	36.6	$	14.4	$	(1.3	)	$	24.4
Total current available liquidity	$	64.3	$	68.3	$	63.5	$	64.1	$	44.6	$	(4.0	)	$	19.8
Unsecured Long-Term Debt Maturity Profile	2024		2025		2026		2027		2028		2029 & After
Consolidated remaining maturities (3)	$	0.7	$	2.3	$	—	$	1.5	$	0.8	$	4.6
Ally Bank Deposits
Key Deposit Statistics
Average retail CD maturity (months)		18.7		18.6		19.0		19.1		16.2		0.1			2.5
Average retail deposit rate		4.18%		4.25%		4.15%		4.00%		3.68%
End of Period Deposit Levels ($ in millions)
Retail	$	142,075	$	145,147	$	142,265	$	140,100	$	138,983	$	(3,072	)	$	3,092
Brokered & other		10,079		9,937		12,401		12,735		15,327		142			(5,248	)
Total deposits	$	152,154	$	155,084	$	154,666	$	152,835	$	154,310	$	(2,930	)	$	(2,156	)
Deposit Mix
Retail CD		26%		27%		29%		28%		27%
MMA/OSA/Checking		67%		67%		63%		64%		63%
Brokered & other		7%		6%		8%		8%		10%

(1) May include the restricted cash accumulation for retained notes maturing within the following 30 days and returned to Ally on the distribution date

(2) Includes unencumbered UST, Agency MBS, and highly liquid Corporates

(3) Excludes retail notes; as of 6/30/2024. Reflects notional value of outstanding bond. Excludes total GAAP OID and capitalized transaction costs.

Note: Numbers may not foot due to rounding

18

ALLY FINANCIAL INC. NET INTEREST MARGIN

($ in millions)	QUARTERLY TRENDS										CHANGE VS.
Average Balance Details	2Q 24		1Q 24		4Q 23		3Q 23		2Q 23		1Q 24			2Q 23
Retail Auto Loans	$	83,427	$	84,056	$	84,711	$	85,131	$	84,097	$	(629)		$	(670)
Auto Lease (net of dep)		8,619		8,955		9,415		9,817		10,110		(336)			(1,491)
Dealer Floorplan		18,003		16,833		15,693		14,507		13,764		1,170			4,239
Other Dealer Loans		6,421		6,339		6,115		6,023		5,945		82			476
Corporate Finance		10,079		10,937		10,787		10,309		10,240		(858)			(161)
Mortgage(1)		18,302		18,578		18,788		19,028		19,325		(276)			(1,023)
Consumer Other - Ally Lending (2)		—		1,274		2,167		2,201		2,114		(1,274)			(2,114)
Consumer Other - Ally Credit Card		2,001		1,975		1,925		1,826		1,701		26			300
Cash and Cash equivalents		7,311		7,709		7,571		8,308		7,401		(398)			(90)
Investment Securities and Other		29,542		30,274		29,784		30,769		31,958		(732)			(2,416)
Total Earning Assets	$	183,705	$	186,930	$	186,956	$	187,920	$	186,655	$	(3,225)		$	(2,950)
Interest Revenue		3,361		3,378		3,401		3,383		3,254		(17)			107
Unsecured Debt (ex. Core OID balance) (3)	$	11,053	$	11,290	$	10,595	$	11,590	$	11,442	$	(237)		$	(389)
Secured Debt		1,227		1,409		2,279		3,120		2,879		(182)			(1,652)
Deposits (4)		152,412		155,352		153,672		153,526		152,382		(2,940)			30
Other Borrowings		7,114		7,122		8,572		7,365		7,592		(8)			(478)
Total Funding Sources (ex. Core OID balance) (3)	$	171,806	$	175,173	$	175,118	$	175,601	$	174,295	$	(3,367)		$	(2,489)
Interest Expense (ex. Core OID) (3)		1,852		1,909		1,895		1,838		1,669		(57)			183
Net Financing Revenue (ex. Core OID) (3)	$	1,509	$	1,469	$	1,506	$	1,545	$	1,585	$	40		$	(76)
Net Interest Margin (yield details)
Retail Auto Loan		9.19%		9.07%		8.98%		8.90%		8.81%		0.12%			0.38%
Retail Auto Loan (excl. hedge impact)		8.86%		8.65%		8.43%		8.16%		7.87%		0.21%			0.99%
Auto Lease (net of dep)		7.28%		6.85%		6.24%		7.00%		7.60%		0.43%			(0.32)%
Dealer Floorplan		7.64%		7.69%		7.84%		7.88%		7.71%		(0.05)%			(0.07)%
Other Dealer Loans		5.67%		5.61%		5.35%		5.25%		5.16%		0.06%			0.51%
Corporate Finance		10.06%		9.88%		9.70%		9.54%		9.15%		0.18%			0.91%
Mortgage		3.26%		3.25%		3.21%		3.20%		3.22%		0.01%			0.04%
Consumer Other - Ally Lending		—		8.77%		9.86%		9.94%		9.99%		(8.77)%			(9.99)%
Consumer Other - Ally Credit Card		21.59%		21.61%		22.02%		22.39%		21.88%		(0.02)%			(0.29)%
Cash and Cash Equivalents		4.87%		5.04%		4.72%		4.73%		4.70%		(0.17)%			0.17%
Investment Securities and Other		3.66%		3.60%		3.66%		3.53%		3.17%		0.06%			0.49%
Total Earning Assets		7.36%		7.27%		7.22%		7.14%		6.99%		0.09%			0.37%
Unsecured Debt (ex. Core OID & Core OID balance) (3)		6.22%		6.19%		6.08%		5.55%		5.40%		0.03%			0.82%
Secured Debt		6.08%		5.74%		5.15%		6.81%		5.61%		0.34%			0.47%
Deposits (4)		4.21%		4.28%		4.19%		4.04%		3.74%		(0.07	)%		0.47%
Other Borrowings (5)		3.86%		3.63%		3.79%		3.23%		3.00%		0.23%			0.86%
Total Funding Sources (ex. Core OID & Core OID balance) (3)		4.34%		4.38%		4.29%		4.15%		3.84%		(0.04)%			0.50%
NIM (as reported)		3.27%		3.13%		3.17%		3.24%		3.38%		0.14%			(0.11)%
NIM (ex. Core OID & Core OID balance) (3)		3.30%		3.16%		3.20%		3.26%		3.41%		0.14%			(0.11)%

(1) Mortgage includes held-for-investment (HFI) loans from the Mortgage Finance segment and the HFI legacy mortgage portfolio in run-off at the Corporate and Other segment.

(2) Unsecured lending from point-of-sale financing. Sale of Ally Lending closed on 03/01/24.

(3) Represents a non-GAAP financial measure. Excludes Core OID from interest expense and Core OID balance from Unsecured Debt. For more details refer to pages 25-27.

(4) Includes retail, brokered, and other deposits. Other includes sweep deposits and other deposits.

(5) Includes FHLB Borrowings, Repurchase Agreements and other.

Note: Numbers may not foot due to rounding

19

ALLY FINANCIAL INC. ALLY BANK CONSUMER MORTGAGE HFI PORTFOLIOS (PERIOD-END)

($ in billions)	QUARTERLY TRENDS
Mortgage Finance HFI Portfolio	2Q 24		1Q 24		4Q 23		3Q 23		2Q 23
Loan Value
Gross carry value	$	17.8	$	18.2	$	18.4	$	18.7	$	18.9
Net carry value	$	17.8	$	18.2	$	18.4	$	18.6	$	18.9
Estimated Pool Characteristics
% Second lien		0.0%		0.0%		0.0%		0.0%		0.0%
% Interest only		0.0%		0.0%		0.0%		0.0%		0.0%
% 30+ Day delinquent(1)(2)		0.5%		0.4%		0.5%		0.5%		0.4%
% Low/No documentation		0.0%		0.0%		0.0%		0.0%		0.0%
% Non-primary residence		4.1%		4.1%		4.1%		4.1%		4.1%
Refreshed FICO(3)		783		781		782		782		782
Wtd. Avg. LTV/CLTV (4)		50.3%		50.7%		52.2%		53.1%		54.5%
Corporate Other Legacy Mortgage HFI Portfolio
Loan Value
Gross carry value	$	0.2	$	0.2	$	0.2	$	0.2	$	0.3
Net carry value	$	0.2	$	0.2	$	0.2	$	0.2	$	0.3
Estimated Pool Characteristics
% Second lien		12.5%		12.5%		12.5%		12.4%		12.5%
% Interest only		0.2%		0.2%		0.2%		0.2%		0.0%
% 30+ Day delinquent(1)(2)		6.1%		7.0%		7.0%		6.7%		6.6%
% Low/No documentation		26.0%		25.8%		25.5%		25.2%		24.8%
% Non-primary residence		3.0%		3.1%		3.1%		3.2%		3.4%
Refreshed FICO(3)		742		739		742		743		742
Wtd. Avg. LTV/CLTV (4)		44.6%		45.0%		46.9%		47.3%		48.1%

1) MBA Delinquency buckets were used for First Lien products and OTS Delinquency buckets were used for all others.

2) %30+Day Delinquency bucket excludes loans which are current but are in bankruptcy.

3) Refreshed FICO includes the entire Bank HFI portfolio, inclusive of SBO. Previously, SBO loans had been excluded from our reporting.

4) 1st lien only. Updated home values derived using a combination of appraisals, BPOs, AVMs and MSA level house price indices.

Note: Numbers may not foot due to rounding

20

ALLY FINANCIAL INC. EARNINGS PER SHARE RELATED INFORMATION

($ in millions, shares in thousands)	QUARTERLY TRENDS															CHANGE VS.
Earnings Per Share Data	2Q 24			1Q 24			4Q 23			3Q 23			2Q 23			1Q 24			2Q 23
GAAP net income attributable to common shareholders	$	266		$	129		$	49		$	269		$	301		$	137		$	(35	)
Weighted-average common shares outstanding - basic		306,774			306,003			304,506			304,134			303,684			772			3,090
Weighted-average common shares outstanding - diluted		309,886			308,421			306,730			305,693			304,646			1,465			5,241
Issued shares outstanding (period-end)		304,656			303,978			302,459			301,630			301,619			678			3,037
Net income per share - basic	$	0.87		$	0.42		$	0.16		$	0.88		$	0.99		$	0.45		$	(0.12	)
Net income per share - diluted	$	0.86		$	0.42		$	0.16		$	0.88		$	0.99		$	0.44		$	(0.13	)
Adjusted Earnings per Share (“Adjusted EPS”) (2)
Numerator
GAAP net income attributable to common shareholders	$	266		$	129		$	49		$	269		$	301		$	137		$	(35	)
Discontinued operations, net of tax		-			-			1			-			-			-			-
Core OID		14			13			13			12			12			1			2
Change in the fair value of equity securities (3)		28			(11	)		(74	)		56			(25	)		39			53
Core OID, repositioning & change in the fair value of equity securities tax (tax rate 21%)		(9	)		(3	)		(23	)		(21	)		3			(6	)		(12	)
Repositioning (3)		-			10			172			30			-			(10	)		-
Significant discrete tax items		-			-			-			(94	)		-			-			-
Core net income attributable to common shareholders (1)	$	299		$	139		$	137		$	252		$	291		$	161		$	8
Denominator
Weighted-average common shares outstanding - diluted		309,886			308,421			306,730			305,693			304,646			1,465			5,241
Adjusted EPS (2)	$	0.97		$	0.45		$	0.45		$	0.83		$	0.96		$	0.52		$	0.01
GAAP original issue discount amortization expense	$	17		$	17		$	16		$	15		$	15		$	-		$	2
Other OID		(3	)		(3	)		(3	)		(3	)		(3	)		0			0
Core original issue discount (Core OID) amortization expense (1)	$	14		$	13		$	13		$	12		$	12		$	1		$	2
GAAP outstanding original issue discount balance	$	(797	)	$	(815	)	$	(831	)	$	(847	)	$	(863	)	$	18		$	66
Other outstanding OID balance		31			35			39			42			45			(4	)		(14	)
Core outstanding original issue discount balance (Core OID balance) (1)	$	(766	)	$	(779	)	$	(793	)	$	(806	)	$	(818	)	$	14		$	52
GAAP Net Financing Revenue [A]	$	1,495		$	1,456		$	1,493		$	1,533		$	1,573		$	39		$	(78	)
Core OID		14			13			13			12			12			1			2
Net Financing Revenue (ex. Core OID) (1) [B]	$	1,509		$	1,469		$	1,506		$	1,545		$	1,585		$	40		$	(76	)
GAAP Other Revenue [C]	$	505		$	530		$	574		$	435		$	506		$	(25	)	$	(1	)
Change in the fair value of equity securities (3)		28			(11	)		(74	)		56			(25	)		39			53
Adjusted Other Revenue (1) [D]	$	533		$	519		$	500		$	491		$	481		$	14		$	52
GAAP Provision Expense	$	457		$	507		$	587		$	508		$	427		$	(50	)	$	30
Repositioning		-			-			16			-			-			-			-
Adjusted Provision (ex. Repositioning) (1)	$	457		$	507		$	603		$	508		$	427		$	(50	)	$	30
GAAP Noninterest Expense [E]	$	1,286		$	1,308		$	1,416		$	1,232		$	1,249		$	(22	)	$	37
Repositioning and other		-			(10	)		(187	)		(30	)		-			10			-
Adjusted Noninterest Expense (1) [F]	$	1,286		$	1,298		$	1,229		$	1,202		$	1,249		$	(12	)	$	37

(1) Represents a non-GAAP financial measure. For more details refer to pages 25-27.

(2) Adjusted earnings per share (Adjusted EPS) is a non-GAAP financial measure that adjusts GAAP EPS for revenue and expense items that are typically strategic in nature or that management otherwise does not view as reflecting the operating performance of the company. Management believes Adjusted EPS can help the reader better understand the operating performance of the core businesses and their ability to generate earnings. In the numerator of Adjusted EPS, GAAP net income attributable to common shareholders is adjusted for the following items: (1) excludes discontinued operations, net of tax, as Ally is primarily a domestic company and sales of international businesses and other discontinued operations in the past have significantly impacted GAAP EPS, (2) adds back the tax-effected non-cash Core OID, (3) adjusts for tax-effected repositioning and other which are primarily related to the extinguishment of high cost legacy debt, strategic activities and significant other one-time items, (4) change in fair value of equity securities, (5) excludes significant discrete tax items that do not relate to the operating performance of the core businesses, and adjusts for preferred stock capital actions that have been taken by the company to normalize its capital structure, as applicable for respective periods. See pages

25-27 for details.

(3) For more details refer to pages 25-27.

Note: Numbers may not foot due to rounding

21

ALLY FINANCIAL INC. ADJUSTED TANGIBLE BOOK PER SHARE RELATED INFORMATION

($ in millions, shares in thousands)

	QUARTERLY TRENDS															CHANGE VS.
Adjusted Tangible Book Value Per Share (“Adjusted TBVPS”) Information	2Q 24			1Q 24			4Q 23			3Q 23			2Q 23			1Q 24		2Q 23
Numerator
GAAP shareholder’s equity	$	13,851		$	13,657		$	13,766		$	12,825		$	13,532		$	194	$	319
Preferred equity		(2,324	)		(2,324	)		(2,324	)		(2,324	)		(2,324	)		-		-
GAAP common shareholder’s equity	$	11,527		$	11,333		$	11,442		$	10,501		$	11,208		$	194	$	319
Goodwill and identifiable intangibles, net of DTLs		(713	)		(720	)		(727	)		(879	)		(887	)		7		174
Tangible common equity (1)		10,814			10,613			10,715			9,622			10,321			201		493
Tax-effected Core OID balance (21% tax rate) (1)		(605	)		(616	)		(626	)		(636	)		(646	)		11		41
Adjusted tangible book value (2)	$	10,209		$	9,997		$	10,089		$	8,986		$	9,675		$	212	$	534
Denominator
Issued shares outstanding (period-end, thousands)		304,656			303,978			302,459			301,630			301,619			678		3,037
GAAP shareholder’s equity per share	$	45.46		$	44.93		$	45.51		$	42.52		$	44.86		$	0.54	$	0.60
Preferred equity per share		(7.63	)		(7.65	)		(7.68	)		(7.70	)		(7.71	)		0.02		0.08
GAAP common shareholder’s equity per share	$	37.84		$	37.28		$	37.83		$	34.81		$	37.16		$	0.55	$	0.68
Goodwill and identifiable intangibles, net of DTLs per share		(2.34	)		(2.37	)		(2.40	)		(2.91	)		(2.94	)		0.03		0.60
Tangible common equity per share (1)		35.50			34.91			35.43			31.90			34.22			0.58		1.28
Tax-effected Core OID balance (21% tax rate) per share (1)		(1.99	)		(2.03	)		(2.07	)		(2.11	)		(2.14	)		0.04		0.16
Adjusted tangible book value per share (2)	$	33.51		$	32.89		$	33.36		$	29.79		$	32.08		$	0.62	$	1.43

(1) Represents a non-GAAP financial measure. For more details refer to pages 25-27.

(2) Adjusted tangible book value per share (Adjusted TBVPS) is a non-GAAP financial measure that reflects the book value of equity attributable to shareholders even if Core OID balance were accelerated immediately through the financial statements. As a result, management believes Adjusted TBVPS provides the reader with an assessment of value that is more conservative than GAAP common shareholder’s equity per share. Adjusted TBVPS generally adjusts common equity for (1) goodwill and identifiable intangibles, net of DTLs, and (2) tax-effected Core OID balance to reduce tangible common equity in the event the corresponding discounted bonds are redeemed/tendered and (3) Series G discount which reduces tangible common equity as the company has normalized its capital structure, as applicable for respective periods.

Note: Numbers may not foot due to rounding

22

ALLY FINANCIAL INC. CORE ROTCE RELATED INFORMATION

($ in millions) unless noted otherwise

	QUARTERLY TRENDS															CHANGE VS.
Core Return on Tangible Common Equity (“Core ROTCE”)	2Q 24			1Q 24			4Q 23			3Q 23			2Q 23			1Q 24			2Q 23
Numerator
GAAP net income attributable to common shareholders	$	266		$	129		$	49		$	269		$	301		$	137		$	(35	)
Discontinued operations, net of tax		-			-			1			-			-			-			-
Core OID (2)		14			13			13			12			12			1			2
Change in the fair value of equity securities		28			(11	)		(74	)		56			(25	)		39			53
Core OID, repositioning & change in the fair value of equity securities tax (tax rate 21%)		(9	)		(3	)		(23	)		(21	)		3			(6	)		(12	)
Repositioning (2)		-			10			172			30			-			(10	)		-
Significant discrete tax items		-			-			-			(94	)		-			-			-
Core net income attributable to common shareholders (1)	$	299		$	139		$	137		$	252		$	291		$	161		$	8
Denominator (average, $ millions)
GAAP shareholder’s equity	$	13,754		$	13,712		$	13,296		$	13,179		$	13,455		$	43		$	299
Preferred equity		(2,324	)		(2,324	)		(2,324	)		(2,324	)		(2,324	)		-			-
Goodwill & identifiable intangibles, net of deferred tax liabilities (“DTLs”)		(717	)		(723	)		(803	)		(883	)		(891	)		7			174
Tangible common equity (1)	$	10,713		$	10,664		$	10,169		$	9,972		$	10,240		$	49		$	473
Core OID balance		(773	)		(786	)		(799	)		(812	)		(824	)		14			51
Net deferred tax asset (“DTA”)		(1,388	)		(1,278	)		(1,378	)		(1,310	)		(1,060	)		(110	)		(328	)
Normalized common equity	$	8,553		$	8,600		$	7,992		$	7,850		$	8,357		$	(47	)	$	196
Core Return on Tangible Common Equity (3)		14.0%			6.5%			6.9%			12.9%			13.9%

(1) Represents a non-GAAP measure. See pages 25-27 for methodology and detail.

(2) For more details see pages 25-27.

(3) Core return on tangible common equity (Core ROTCE) is a non-GAAP financial measure that management believes is helpful for readers to better understand the ongoing ability of the company to generate returns on its equity base that supports core operations. For purposes of this calculation, tangible common equity is adjusted for Core OID balance and net DTA. Ally’s Core net income attributable to common shareholders for purposes of calculating Core ROTCE is based on the actual effective tax rate for the period adjusted for significant discrete tax items including tax reserve releases, which aligns with the methodology used in calculating adjusted earnings per share.

(1) In the numerator of Core ROTCE, GAAP net income attributable to common shareholders is adjusted for discontinued operations net of tax, tax-effected Core OID, tax-effected repositioning and other which are primarily related to the extinguishment of high-cost legacy debt, strategic activities and significant other one-time items, change in fair value of equity securities, significant discrete tax items, and preferred stock capital actions, as applicable for respective periods.

(2) In the denominator, GAAP shareholder’s equity is adjusted for goodwill and identifiable intangibles net of DTL, Core OID balance, and net DTA.

Note: Numbers may not foot due to rounding

23

ALLY FINANCIAL INC. ADJUSTED EFFICIENCY RATIO RELATED INFORMATION

($ in millions)

	QUARTERLY TREND															CHANGE VS.
Adjusted Efficiency Ratio Calculation	2Q 24			1Q 24			4Q 23			3Q 23			2Q 23			1Q 24			2Q 23
Numerator
GAAP Noninterest Expense	$	1,286		$	1,308		$	1,416		$	1,232		$	1,249		$	(22	)	$	37
Insurance expense		(410	)		(343	)		(321	)		(338	)		(358	)		(67	)		(52	)
Repositioning (2)		-			(10	)		(187	)		(30	)		-			10			-
Adjusted noninterest expense for the efficiency ratio	$	876		$	955		$	908		$	864		$	891		$	(79	)	$	(15	)
Denominator
Total net revenue	$	2,000		$	1,986		$	2,067		$	1,968		$	2,079		$	14		$	(79	)
Core OID (2)		14			13			13			12			12			1			2
Insurance revenue		(368	)		(413	)		(450	)		(322	)		(366	)		45			(2	)
Adjusted net revenue for the efficiency ratio	$	1,646		$	1,586		$	1,630		$	1,658		$	1,725		$	60		$	(79	)
Adjusted Efficiency Ratio (1)		53.2%			60.2%			55.7%			52.1%			51.7%

(1) Adjusted efficiency ratio is a non-GAAP financial measure that management believes is helpful to readers in comparing the efficiency of its core banking and lending businesses with those of its peers. In the numerator of Adjusted efficiency ratio, total noninterest expense is adjusted for Insurance segment expense, Rep and warrant expense, and repositioning and other which is primarily related to the extinguishment of high cost legacy debt, strategic activities and significant one-time items, as applicable for respective periods. In the denominator, total net revenue is adjusted for Insurance segment revenue and Core OID. See page 11 for the combined ratio for the Insurance segment which management uses as a primary measure of underwriting profitability for the Insurance business.

(2) For more details see pages 25-27.

Note: Numbers may not foot due to rounding

24

ALLY FINANCIAL INC.  

The following are non-GAAP financial measures which Ally believes are important to the reader of the Consolidated Financial Statements, but which are supplemental to and not a substitute for GAAP measures: Accelerated issuance expense (Accelerated OID), Adjusted earnings per share (Adjusted EPS), Adjusted efficiency ratio, Adjusted noninterest expense, Adjusted other revenue, Adjusted tangible book value per share (Adjusted TBVPS), Adjusted total net revenue, Core net income attributable to common shareholders, Core original issue discount (Core OID) amortization expense, Core outstanding original issue discount balance (Core OID balance), Core pre-tax income, Core return on tangible common equity (Core ROTCE), Investment income and other (adjusted), Net financing revenue (excluding Core OID), Net interest margin (excluding Core OID), and Tangible Common Equity. These measures are used by management and we believe are useful to investors in assessing the company’s operating performance and capital.

1) Accelerated issuance expense (Accelerated OID) is the recognition of issuance expenses related to calls of redeemable debt.

2) Adjusted earnings per share (Adjusted EPS) is a non-GAAP financial measure that adjusts GAAP EPS for revenue and expense items that are typically strategic in nature or that management otherwise does not view as reflecting the operating performance of the company. Management believes Adjusted EPS can help the reader better understand the operating performance of the core businesses and their ability to generate earnings. In the numerator of Adjusted EPS, GAAP net income attributable to common shareholders is adjusted for the following items: (1) excludes discontinued operations, net of tax, as Ally is primarily a domestic company and sales of international businesses and other discontinued operations in the past have significantly impacted GAAP EPS, (2) adds back the tax-effected non-cash Core OID, (3) adjusts for tax-effected repositioning and other which are primarily related to the extinguishment of high cost legacy debt, strategic activities and significant other one-time items, (4) change in fair value of equity securities, (5) excludes significant discrete tax items that do not relate to the operating performance of the core businesses, and adjusts for preferred stock capital actions that have been taken by the company to normalize its capital structure, as applicable for respective periods.

3) Adjusted efficiency ratio is a non-GAAP financial measure that management believes is helpful to readers in comparing the efficiency of its core banking and lending businesses with those of its peers.

(1) In the numerator of Adjusted efficiency ratio, total noninterest expense is adjusted for Rep and warrant expense, Insurance segment expense, and repositioning and other which are primarily related to the extinguishment of high-cost legacy debt, strategic activities and significant other one-time items, as applicable for respective periods.

(2) In the denominator, total net revenue is adjusted for Core OID and Insurance segment revenue.

4) Adjusted noninterest expense is a non-GAAP financial measure that adjusts GAAP noninterest expense for repositioning items. Management believes adjusted noninterest expense is a helpful financial metric because it enables the reader better understand the business’ expenses excluding nonrecurring items.

5) Adjusted other revenue is a non-GAAP financial measure that adjusts GAAP other revenue for OID expenses, repositioning, and change in fair value of equity securities.

Management believes adjusted other revenue is a helpful financial metric because it enables the reader to better understand the business’ ability to generate other revenue.

6) Adjusted Provision for Credit Losses is a non-GAAP financial measure that adjusts GAAP provision for credit losses for repositioning items. Management believes adjusted provision for credit losses is a helpful financial metric because it enables the reader better understand the business’s expenses excluding nonrecurring items.

7) Adjusted tangible book value per share (Adjusted TBVPS) is a non-GAAP financial measure that reflects the book value of equity attributable to shareholders even if Core OID balance were accelerated immediately through the financial statements. As a result, management believes Adjusted TBVPS provides the reader with an assessment of value that is more conservative than GAAP common shareholder’s equity per share. Adjusted TBVPS generally adjusts common equity for: (1) goodwill and identifiable intangibles, net of DTLs, (2) tax-effected Core OID balance to reduce tangible common equity in the event the corresponding discounted bonds are redeemed/tendered, and (3) Series G discount which reduces tangible common equity as the company has normalized its capital structure, as applicable for respective periods. Note: In December 2017, tax-effected Core OID balance was adjusted from a statutory U.S. Federal tax rate of 35% to 21% (“rate”) as a result of changes to U.S. tax law. The adjustment conservatively increased the tax-effected Core OID balance and consequently reduced Adjusted TBVPS as any acceleration of the non-cash charge in future periods would flow through the financial statements at a 21% rate versus a previously modeled 35% rate.

8) Adjusted total net revenue is a non-GAAP financial measure that management believes is helpful for readers to understand the ongoing ability of the company to generate revenue. For purposes of this calculation, GAAP net financing revenue is adjusted by excluding Core OID to calculate net financing revenue ex. core OID. GAAP other revenue is adjusted for OID expenses, repositioning, and change in fair value of equity securities to calculate adjusted other revenue. Adjusted total net revenue is calculated by adding net financing revenue ex. core OID to adjusted other revenue.

9) Change in fair value of equity securities impacts the Insurance, Corporate Finance and Corporate and Other segments. The change reflects fair value adjustments to equity securities that are reported at fair value. Management believes the change in fair value of equity securities should be removed from select financial measures because it enables the reader to better understand the business’ ongoing ability to generate revenue and income.

25

ALLY FINANCIAL INC.  

The following are non-GAAP financial measures which Ally believes are important to the reader of the Consolidated Financial Statements, but which are supplemental to and not a substitute for GAAP measures: Accelerated issuance expense (Accelerated OID), Adjusted earnings per share (Adjusted EPS), Adjusted efficiency ratio, Adjusted noninterest expense, Adjusted other revenue, Adjusted tangible book value per share (Adjusted TBVPS), Adjusted total net revenue, Core net income attributable to common shareholders, Core original issue discount (Core OID) amortization expense, Core outstanding original issue discount balance (Core OID balance), Core pre-tax income, Core return on tangible common equity (Core ROTCE), Investment income and other (adjusted), Net financing revenue (excluding Core OID), Net interest margin (excluding Core OID), and Tangible Common Equity. These measures are used by management and we believe are useful to investors in assessing the company’s operating performance and capital.

10) Core net income attributable to common shareholders is a non-GAAP financial measure that serves as the numerator in the calculations of Adjusted EPS and Core ROTCE and that, like those measures, is believed by management to help the reader better understand the operating performance of the core businesses and their ability to generate earnings. Core net income attributable to common shareholders adjusts GAAP net income attributable to common shareholders for discontinued operations net of tax, tax-effected Core OID expense, tax-effected repositioning and other primarily related to the extinguishment of high-cost legacy debt and strategic activities and significant other, preferred stock capital actions, significant discrete tax items and tax-effected changes in equity investments measured at fair value, as applicable for respective periods.

11) Core original issue discount (Core OID) amortization expense is a non-GAAP financial measure for OID and is believed by management to help the reader better understand the activity removed from: Core pre-tax income (loss), Core net income (loss) attributable to common shareholders, Adjusted EPS, Core ROTCE, Adjusted efficiency ratio, Adjusted total net revenue, and Net financing revenue (excluding Core OID). Core OID is primarily related to bond exchange OID which excludes international operations and future issuances. Core OID for all periods shown is applied to the pre-tax income of the Corporate and Other segment.

12) Core outstanding original issue discount balance (Core OID balance) is a non-GAAP financial measure for outstanding OID and is believed by management to help the reader better understand the balance removed from Core ROTCE and Adjusted TBVPS. Core OID balance is primarily related to bond exchange OID which excludes international operations and future issuances.

13) Core pre-tax income is a non-GAAP financial measure that adjusts pre-tax income from continuing operations by excluding (1) Core OID, and (2) change in fair value of equity securities (change in fair value of equity securities impacts the Insurance and Corporate Finance segments), and (3) Repositioning and other which are primarily related to the extinguishment of high cost legacy debt, strategic activities and significant other one-time items, as applicable for respective periods or businesses. Management believes core pre- tax income can help the reader better understand the operating performance of the core businesses and their ability to generate earnings.

14) Core return on tangible common equity (Core ROTCE) is a non-GAAP financial measure that management believes is helpful for readers to better understand the ongoing ability of the company to generate returns on its equity base that supports core operations. For purposes of this calculation, tangible common equity is adjusted for Core OID balance and net DTA. Ally’s Core net income attributable to common shareholders for purposes of calculating Core ROTCE is based on the actual effective tax rate for the period adjusted for significant discrete tax items including tax reserve releases, which aligns with the methodology used in calculating adjusted earnings per share.

(1) In the numerator of Core ROTCE, GAAP net income attributable to common shareholders is adjusted for discontinued operations net of tax, tax-effected Core OID, tax-effected repositioning and other which are primarily related to the extinguishment of high-cost legacy debt, strategic activities and significant other one- time items, change in fair value of equity securities, significant discrete tax items, and preferred stock capital actions, as applicable for respective periods.

(2) In the denominator, GAAP shareholder’s equity is adjusted for goodwill and identifiable intangibles net of DTL, Core OID balance, and net DTA.

15) Estimated impact of CECL on regulatory capital per final rule issued by U.S. banking agencies - In December 2018, the FRB and other U.S. banking agencies approved a final rule to address the impact of CECL on regulatory capital by allowing BHCs and banks, including Ally, the option to phase in the day-one impact of CECL over a three-year period. In March 2020, the FRB and other U.S. banking agencies issued an interim final rule that became effective on March 31, 2020 and provided an alternative option for banks to temporarily delay the impacts of CECL, relative to the incurred loss methodology for estimating the allowance for loan losses, on regulatory capital. A final rule that was largely unchanged from the March 2020 interim final rule was issued by the FRB and other U.S. banking agencies in August 2020, and became effective in September 2020. For regulatory capital purposes, these rules permitted us to delay 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 are required to phase in 25% of the previously deferred estimated capital impact of CECL, with an additional 25% to be phased in at the beginning of each subsequent year until fully phased in by the first quarter of 2025. Under these rules, firms that adopt CECL and elect the five-year transition will calculate the estimated impact of CECL on regulatory capital as the day-one impact of adoption plus 25% of the subsequent change in allowance during the two-year deferral period, which according to the final rule approximates the impact of CECL relative to an incurred loss model. We adopted this transition option during the first quarter of 2020, and beginning January 1, 2022, are phasing in the regulatory capital impacts of CECL based on this five-year transition period.

16) Investment income and other (adjusted) is a non-GAAP financial measure that adjusts GAAP investment income and other for repositioning, and the change in fair value of equity securities. Management believes investment income and other (adjusted) is a helpful financial metric because it enables the reader to better understand the business' ability to generate investment income.

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ALLY FINANCIAL INC.  

The following are non-GAAP financial measures which Ally believes are important to the reader of the Consolidated Financial Statements, but which are supplemental to and not a substitute for GAAP measures: Accelerated issuance expense (Accelerated OID), Adjusted earnings per share (Adjusted EPS), Adjusted efficiency ratio, Adjusted noninterest expense, Adjusted other revenue, Adjusted tangible book value per share (Adjusted TBVPS), Adjusted total net revenue, Core net income attributable to common shareholders, Core original issue discount (Core OID) amortization expense, Core outstanding original issue discount balance (Core OID balance), Core pre-tax income, Core return on tangible common equity (Core ROTCE), Investment income and other (adjusted), Net financing revenue (excluding Core OID), Net interest margin (excluding Core OID), and Tangible Common Equity. These measures are used by management and we believe are useful to investors in assessing the company’s operating performance and capital.

17) Net financing revenue excluding core OID is calculated using a non-GAAP measure that adjusts net financing revenue by excluding Core OID. The Core OID balance is primarily related to bond exchange OID which excludes international operations and future issuances. Management believes net financing revenue ex. Core OID is a helpful financial metric because it enables the reader to better understand the business’ ability to generate revenue.

18) Net interest margin excluding core OID is calculated using a non-GAAP measure that adjusts net interest margin by excluding Core OID. The Core OID balance is primarily related to bond exchange OID which excludes international operations and future issuances. Management believes net interest margin ex. Core OID is a helpful financial metric because it enables the reader to better understand the business’ profitability and margins.

19) Repositioning is primarily related to the extinguishment of high-cost legacy debt, strategic activities, restructuring, amounts related to nonrecurring business transactions or pending transactions, and significant other one-time items.

20) Tangible Common Equity is a non-GAAP financial measure that is defined as common stockholders’ equity less goodwill and identifiable intangible assets, net of deferred tax liabilities. Ally considers various measures when evaluating capital adequacy, including tangible common equity. Ally believes that tangible common equity is important because we believe readers may assess our capital adequacy using this measure. Additionally, presentation of this measure allows readers to compare certain aspects of our capital adequacy on the same basis to other companies in the industry. For purposes of calculating Core return on tangible common equity (Core ROTCE), tangible common equity is further adjusted for Core OID balance and net deferred tax asset.

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