Ally Financial delivered a momentum-filled third quarter of 2025, underscored by meaningful earnings growth, margin expansion, and improving credit metrics across its core franchises. Adjusted earnings per share rose 166% year over year to $1.15, with operating income of $513 million and net income of $398 million. Revenue stood at $3.948 billion, up 3% year over year (and +9% excluding the card sale), while NIM excluding core OID expanded by 10 basis points to 3.55% sequentially. The balance sheet remains capital-dense, with a fully phased CET1 ratio of 10.1% and approximately $4.5 billion of excess capital above minimum regulatory requirements, enabling additional capital actions and potential returns to shareholders as conditions permit. Management signaled continued focus on three core franchises—Dealer Financial Services (auto and related services), Corporate Finance, and Ally Digital Bank—coupled with ongoing expense discipline and targeted capital deployment (including CRT transactions and deployment of ally.ai to 10,000 teammates). In short, Ally is exhibiting sustained execution, improving profitability, and a clear path toward higher returns, even as macro uncertainties persist.