Screener
Ally Financial ALLY Provision for Credit Losses
Provision for Credit Losses at other companies
Other financials
Where this comes from
Reported directly by Ally Financial in its filing.
Tagged under the XBRL concept us-gaap:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal.
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, 2026 ($ in millions) | Consumer automotive | Consumer mortgage | Commercial | Total |
|---|---|---|---|---|
| Allowance at January 1, 2026 | $3,208 | $12 | $270 | $3,490 |
| Charge-offs (a) | (671) | — | (1) | (672) |
| Recoveries | 247 | 8 | — | 255 |
| Net charge-offs | (424) | 8 | (1) | (417) |
| Provision for credit losses | 467 | (9) | 9 | 467 |
| Other | (1) | — | 1 | — |
| Allowance at March 31, 2026 | $3,250 | $11 | $279 | $3,540 |
Item 1. Financial Statements
FAQ
- What is Ally Financial's provision for credit losses?
- Ally Financial (ALLY) reported provision for credit losses of $467M in Q1 2026.
- How has Ally Financial's provision for credit losses changed year-over-year?
- Ally Financial's provision for credit losses increased by 144.5% year-over-year, from $191M to $467M.
- What does provision for credit losses mean?
- Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.
Ask your AI about Ally Financial's provision for credit losses.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude