Ally Financial Inc
For the period ended Dec 31, 2024. Filed Feb 19, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 19, 2025
ALLY$38.53+0.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statement of Changes in Equity
| ($ in millions) · Common stock and paid-in capital · Preferred stock · Retained earnings (accumulated deficit) · Accumulated other comprehensive loss · Treasury stock · Total equity | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Balance at January 1, 2022 | $21,671 | $2,324 | $(1,599) | $(158) | $(5,188) | $17,050 | |||
| Net income | 1,714 | 1,714 | |||||||
| Preferred stock dividends — Series B | (63) | (63) | |||||||
| Preferred stock dividends — Series C | (47) | (47) | |||||||
| Share-based compensation | 145 | 145 | |||||||
| Other comprehensive loss | (3,901) | (3,901) | |||||||
| Common stock repurchases | (1,650) | (1,650) | |||||||
| Common stock dividends ($1.20 per share) | (389) | (389) | |||||||
| Balance at December 31, 2022 | $21,816 | $2,324 | $(384) | $(4,059) | $(6,838) | $12,859 | |||
| Net income | 957 | 957 | |||||||
| Preferred stock dividends — Series B | (63) | (63) | |||||||
| Preferred stock dividends — Series C | (47) | (47) | |||||||
| Share-based compensation | 159 | 159 | |||||||
| Other comprehensive income | 243 | 243 | |||||||
| Common stock repurchases | (33) | (33) | |||||||
| Common stock dividends ($1.20 per share) | (372) | (372) | |||||||
| Balance at December 31, 2023 | $21,975 | $2,324 | $91 | $(3,816) | $(6,871) | $13,703 | |||
| Cumulative effect of changes in accounting principles, net of tax (a) | |||||||||
| Adoption of Accounting Standards Update 2023-02 | (2) | (2) | |||||||
| Balance at January 1, 2024 | $21,975 | $2,324 | $89 | $(3,816) | $(6,871) | $13,701 | |||
| Net income | 668 | 668 | |||||||
| Preferred stock dividends — Series B | (63) | (63) | |||||||
| Preferred stock dividends — Series C | (47) | (47) | |||||||
| Share-based compensation | 167 | 167 | |||||||
| Other comprehensive loss | (108) | (108) | |||||||
| Common stock repurchases | (38) | (38) | |||||||
| Common stock dividends ($1.20 per share) | (377) | (377) | |||||||
| Balance at December 31, 2024 | $22,142 | $2,324 | $270 | $(3,924) | $(6,909) | $13,903 | |||
(a)Refer to the section titled Recently Adopted Accounting Standards in Note 1 for additional information.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.