Ally Financial Inc. (ALLY) Presents at Barclays 24th Annual Global Financial Services Conference Transcript

SA Transcripts 162.21K Followers Follow Ally Financial Inc. ( ALLY ) Barclays 24th Annual Global Financial Services Conference September 15, 2026 9:45 AM EDT Company Participants Russell Hutchinson - Chief Financial Officer Conference Call Participants Jason Goldberg - Barclays Bank PLC, Research Division Presentation Jason Goldberg Barclays Bank PLC, Research Division Moving right along, I'm very pleased to have Ally Financial with us. From the company, Russ Hutchinson, Chief Financial Officer, Russ, welcome. Russell Hutchinson Chief Financial Officer Thanks, Jason. Glad to be here. Question-and-Answer Session Jason Goldberg Barclays Bank PLC, Research Division Maybe the best place to start is just big picture. I think when you were here 2 years ago in the third quarter, Ally put up a 5% ROTCE. Consensus for this quarter, 13%, 14%. Obviously, a big improvement if that proves right, which we'll get to. Let me talk a bit about kind of what's gotten you here and speak to kind of what work remains. Russell Hutchinson Chief Financial Officer Great. Thanks, Jason. I'm glad you mentioned the improvement we've seen in profitability over the course of the last 2 years. I think it's really strong evidence that the power of focus, our focused strategy is working. We're doing 3 things simultaneously. We're growing our core franchises. We're increasing our profitability, and we're managing our risk. And that improvement in terms of our performance is anchored in real improvement in our franchises. We have a customer-obsessed culture, and that's delivering for us in terms of the traction we get. So if I look at our Dealer Financial Services business, you can see that traction in terms of our application volume. When I look at our Corporate Finance business, it's in our investment portfolio there. When I look at our deposit business, it's that strong customer growth that we see year-over-year. So I'd