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Ally Financial ALLY Insurance operations — Provision for Credit Losses
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Where this comes from
Reported directly by Ally Financial in its filing.
Tagged under the XBRL concept ally:FinancingReceivableAndOffBalanceSheetCreditLossExpenseReversalExcludingInterest.
The source filing: Ally Financial’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 5:21 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000040729-26-000009
| Three months ended March 31, ($ in millions) | Automotive Finance operations | Insurance operations | Corporate Finance operations | Corporate and Other | Consolidated (a) |
|---|---|---|---|---|---|
| Net financing revenue and other interest income | 1,291 | 36 | 113 | 149 | 1,589 |
| Other revenue | 105 | 342 | 35 | 31 | 513 |
| Total net revenue | 1,396 | 378 | 148 | 180 | 2,102 |
| Provision for credit losses | 468 | — | 8 | (9) | 467 |
| Noninterest expense | |||||
| Compensation and benefits expense | 191 | 32 | 26 | 242 | 491 |
| Insurance losses and loss adjustment expenses | — | 121 | — | — | 121 |
| Other operating expenses |
Item 1. Financial Statements
FAQ
- What is Ally Financial's insurance operations — provision for credit losses?
- Ally Financial (ALLY) reported insurance operations — provision for credit losses of $0 in Q1 2026.
- What does insurance operations — provision for credit losses mean?
- This represents the expense set aside to cover potential future losses from credit-related exposures within the insurance segment. It reflects management's assessment of the credit risk inherent in the segment's loan or receivable portfolios.
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