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Ally Financial ALLY Impairment Charges
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Where this comes from
Reported directly by Ally Financial in its filing.
Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.
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
| ($ in millions) | Three months ended March 31, 2026 | 2025 |
|---|---|---|
| Noninterest expense | ||
| Compensation and benefits expense | 491 | 505 |
| Insurance losses and loss adjustment expenses | 121 | 161 |
| Goodwill impairment | — | 305 |
| Other operating expenses | 623 | 663 |
| Total noninterest expense | 1,235 | 1,634 |
| Income (loss) from continuing operations before income tax expense (benefit) | 400 | (284) |
| Income tax expense (benefit) from continuing operations | 81 | (59) |
Item 1. Financial Statements
FAQ
- What is Ally Financial's impairment charges?
- Ally Financial (ALLY) reported impairment charges of $0 in Q1 2026.
- How has Ally Financial's impairment charges changed year-over-year?
- Ally Financial's impairment charges decreased by 100.0% year-over-year, from $305M to $0.
- What does impairment charges mean?
- Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.