Ally Financial posted adjusted earnings per share of $1.11 for the first quarter of 2026, a 90% surge from $0.58 a year earlier and more than 18% above Wall Street consensus of $0.94. GAAP net income swung to $319 million, or $0.93 per share, from a net loss of $225 million, or $0.82 per share, in the first quarter of 2025. Total net revenue jumped 36% year-over-year to $2.10 billion, driven by surging dealer financial services and elevated yields on new auto loans, while core return on tangible common equity improved to 11.1%. Berkshire Hathaway held 29 million shares of Ally Financial as of the first quarter of 2026, after first disclosing a stake in early 2022 and subsequently increasing it by over 234%.
Ally Financial IncAlly Financial reported adjusted EPS of $1.11, a 90% surge, beating consensus by 18%, with revenue up 36%.
Berkshire Hathaway Inc