What does consolidation — interest bearing deposits in banks mean?

This metric tracks the elimination of intercompany cash deposits held between different banking subsidiaries or segments. It is used to reconcile the consolidated balance sheet by removing assets that represent internal obligations.

Ally Financial ALLY Consolidation — Interest Bearing Deposits In Banks

Discontinued — last reported Q2 '18

Similar metrics at other companies

CLFEliminations — Total Assets

$0—

PNCInterest-Bearing Deposits in Banks and Other Financial Institutions

$26.05B-19.3%

CLFEliminations — Depreciation, depletion and amortization

$0—

WFCInterest-Bearing Deposits in Banks and Other Financial Institutions

$141.24B—

BACInterest-Bearing Deposits in Banks and Other Financial Institutions

$215.35B-13.5%

AXPInterest-bearing deposits in banks and other financial institutions

$50.28B+2.1%

Other financials

Income statement

See full

Revenue$2.1B+36.4%

Net income$319.0M+242%

EPS (diluted)$0.93+213%

Balance sheet

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Cash & equivalents$11.2B-1.6%

Total debt$22.8B+26.9%

Total equity$15.6B+9.7%

Total assets$197.27B+2.0%

Cash flow

See full

Operating cash flow$1.4B+45.9%

CapEx-—

Free cash flow$1.1B-2.9%

Valuation

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Market cap$13.94B+7.8%

Enterprise value$25.47B+33.3%

P/E10×-33.1×

P/S1.7×0.0×

Profitability

See full

Net margin16.5%+12.6pp

FCF margin55.3%—

Returns & leverage

See full

Return on equity9.4%+7.2pp

Debt / equity1.5×+0.2×

Where this comes from

Reported directly by Ally Financial in its filing.

Tagged under the XBRL concept us-gaap:InterestBearingDepositsInBanks.

The official record: Ally Financial’s 10-Q, filed August 1, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation — interest bearing deposits in banks mean?: This metric tracks the elimination of intercompany cash deposits held between different banking subsidiaries or segments. It is used to reconcile the consolidated balance sheet by removing assets that represent internal obligations.