EX-99.2

Exhibit 99.2

LOGO

SECOND QUARTER 2025

FINANCIAL SUPPLEMENT

ALLY FINANCIAL INC.

FORWARD-LOOKING STATEMENTS AND ADDITIONAL INFORMATION

This document and related communications should be read in conjunction with the financial statements, notes, and other information contained in our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. This information is preliminary and based on company and third-party data available at the time of the presentation or related communication.

This document and related communications contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts—such as statements about the outlook for financial and operating metrics and performance and future capital allocation and actions. Forward-looking statements often use words such as “believe,” “expect,” “anticipate,” “intend,” “pursue,” “seek,” “continue,” “estimate,” “project,” “outlook,” “forecast,” “potential,” “target,” “objective,” “trend,” “plan,” “goal,” “initiative,” “priorities,” or other words of comparable meaning or future-tense or conditional verbs such as “may,” “will,” “should,” “would,” or “could.” Forward-looking statements convey our expectations, intentions, or forecasts about future events, circumstances, or results. All forward-looking statements, by their nature, are subject to assumptions, risks, and uncertainties, which may change over time and many of which are beyond our control. In particular, forward-looking statements about Ally’s outlook, including expectations regarding net interest margin, adjusted other revenue, net-charge offs, non-interest expenses and average earning assets, and other forward-looking statements are based on our current expectations and are subject to various important factors that could cause actual results to differ materially, including general economic conditions, expectations regarding interest rates and inflation, monetary and fiscal policies in the United States and other jurisdictions, the composition of our balance sheet, including with respect to our loan and securities portfolios, the impact of our strategic initiatives, including recent initiatives involving our Credit Card and Mortgage operations, demand for new and used vehicles, demand for auto loans and leases and the impact of escalating tariffs and other trade policies on us, our customers and our strategic partners, and the economic impacts, volatility and uncertainty resulting therefrom.

You should not rely on any forward-looking statement as a prediction or guarantee about the future. Actual future objectives, strategies, plans, prospects, performance, conditions, or results may differ materially from those set forth in any forward-looking statement. Some of the factors that may cause actual results or other future events or circumstances to differ from those in forward-looking statements are described above and in our Annual Report on Form 10-K for the year ended December 31, 2024, our subsequent Quarterly Reports on Form 10-Q or Current Reports on Form 8-K, or other applicable documents that are filed or furnished with the U.S. Securities and Exchange Commission (collectively, our “SEC filings”).

Any forward-looking statement made by us or on our behalf speaks only as of the date that it was made. We do not undertake to update any forward-looking statement to reflect the impact of events, circumstances, or results that arise after the date that the statement was made, except as required by applicable securities laws. You, however, should consult further disclosures (including disclosures of a forward-looking nature) that we may make in any subsequent SEC filings.

This document and related communications contain specifically identified non-GAAP financial measures, which supplement the results that are reported according to U.S. generally accepted accounting principles (“GAAP”). These non-GAAP financial measures may be useful to investors but should not be viewed in isolation from, or as a substitute for, GAAP results. Differences between non-GAAP financial measures and comparable GAAP financial measures are reconciled in the document.

Unless the context otherwise requires, the following definitions apply. The term “loans” means the following consumer and commercial products associated with our direct and indirect financing activities: loans, retail installment sales contracts, lines of credit, and other financing products excluding operating leases. The term “operating leases” means consumer- and commercial-vehicle lease agreements where Ally is the lessor and the lessee is generally not obligated to acquire ownership of the vehicle at lease-end or compensate Ally for the vehicle’s residual value. The terms “lend,” “finance,” and “originate” mean our direct extension or origination of loans, our purchase or acquisition of loans, or our purchase of operating leases, as applicable. The term “consumer” means all consumer products associated with our loan and operating-lease activities and all commercial retail installment sales contracts. The term “commercial” means all commercial products associated with our loan activities, other than commercial retail installment sales contracts. The term “partnerships” means business arrangements rather than partnerships as defined by law.

ALLY FINANCIAL INC.

TABLE OF CONTENTS


	Page(s)
Consolidated Results
Consolidated Income Statement		4
Consolidated Period-End Balance Sheet Consolidated		5
Average Balance Sheet		6

ALLY FINANCIAL INC.

CONSOLIDATED INCOME STATEMENT


($ in millions)	QUARTERLY TRENDS														CHANGE VS.
	2Q 25			1Q 25			4Q 24			3Q 24		2Q 24			1Q 25			2Q 24
Financing revenue and other interest income
Interest and fees on finance receivables and loans	$	2,624		$	2,709		$	2,833		$	2,889	$	2,845		$	(85	)	$	(221	)
Interest on loans held-for-sale		6			5			2			5		7			1			(1	)
Total interest and dividends on investment securities		239			221			233			253		255			18			(16	)
Interest-bearing cash		95			98			99			102		88			(3	)		7
Other earning assets		9			9			11			9		10			—			(1	)
Operating leases		352			351			350			316		333			1			19

Total financing revenue and other interest income		3,325			3,393			3,528			3,574		3,538			(68	)		(213	)
Interest expense
Interest on deposits		1,329			1,403			1,527			1,616		1,594			(74	)		(265	)
Interest on short-term borrowings		5			1			3			13		27			4			(22	)
Interest on long-term debt		258			271			269			256		244			(13	)		14
Interest on other		1			—			—			—		1			1			—

Total interest expense		1,593			1,675			1,799			1,885		1,866			(82	)		(273	)
Depreciation expense on operating lease assets		216			240			220			169		155			(24	)		61

Net financing revenue	$	1,516		$	1,478		$	1,509		$	1,520	$	1,517		$	38		$	(1	)
Other revenue
Insurance premiums and service revenue earned		359			364			368			359		341			(5	)		18
Gain / (loss) on mortgage and automotive loans, net		(4	)		1			6			6		6			(5	)		(10	)
Other gain / (loss) on investments, net		61			(499	)		(24	)		74		(7	)		560			68
Other income, net of losses		150			197			167			176		165			(47	)		(15	)

Total other revenue		566			63			517			615		505			503			61
Total net revenue		2,082			1,541			2,026			2,135		2,022			541			60
Provision for loan losses		384			191			557			645		457			193			(73	)
Noninterest expense
Compensation and benefits expense		430			505			446			435		442			(75	)		(12	)
Insurance losses and loss adjustment expenses		203			161			116			135		181			42			22
Goodwill impairment		—			305			118			—		—			(305	)		—
Other operating expenses		629			663			680			655		663			(34	)		(34	)

Total noninterest expense		1,262			1,634			1,360			1,225		1,286			(372	)		(24	)
Pre-tax income (loss) from continuing operations	$	436		$	(284	)	$	109		$	265	$	279		$	720		$	157
Income tax (benefit) / expense from continuing operations		84			(59	)		—			67		60			143			24

Net income (loss) from continuing operations		352			(225	)		109			198		219			577			133
Loss from discontinued operations, net of tax		—			—			(1	)		—		—			—			—

Net income (loss)	$	352		$	(225	)	$	108		$	198	$	219		$	577		$	133
Preferred Dividends		28			28			27			27		28			—			—

Net income (loss) available to common shareholders	$	324		$	(253	)	$	81		$	171	$	191		$	577		$	133

Note: Numbers may not foot due to rounding

ALLY FINANCIAL INC.

CONSOLIDATED PERIOD-END BALANCE SHEET


($ in millions)	QUARTERLY TRENDS															CHANGE VS.
	2Q 25			1Q 25			4Q 24			3Q 24			2Q 24			1Q 25			2Q 24
Assets
Cash and cash equivalents
Noninterest-bearing	$	530		$	543		$	522		$	544		$	536		$	(13	)	$	(6	)
Interest-bearing		10,062			9,866			9,770			8,072			6,833			196			3,229

Total cash and cash equivalents		10,592			10,409			10,292			8,616			7,369			183			3,223
Investment securities ⁽¹⁾		27,896			27,956			27,627			29,223			28,602			(60	)		(706	)
Loans held-for-sale, net		185			209			160			306			316			(24	)		(131	)
Finance receivables and loans, net		133,229			133,485			136,030			137,501			138,783			(256	)		(5,554	)
Allowance for loan losses		(3,416	)		(3,398	)		(3,714	)		(3,700	)		(3,572	)		(18	)		156

Total finance receivables and loans, net		129,813			130,087			132,316			133,801			135,211			(274	)		(5,398	)
Investment in operating leases, net		7,992			7,879			7,991			7,967			8,126			113			(134	)
Premiums receivable and other insurance assets		2,893			2,806			2,790			2,810			2,806			87			87
Other assets		10,102			11,545			10,660			9,947			9,949			(1,443	)		153
Assets of operations held-for-sale ⁽²⁾		—			2,440			—			—			—			(2,440	)		—

Total assets	$	189,473		$	193,331		$	191,836		$	192,670		$	192,379		$	(3,858	)	$	(2,906	)

Liabilities
Deposit liabilities
Noninterest-bearing	$	155		$	133		$	131		$	174		$	156		$	22		$	(1	)
Interest-bearing		147,711			151,295			151,443			151,776			151,998			(3,584	)		(4,287	)

Total deposit liabilities		147,866			151,428			151,574			151,950			152,154			(3,562	)		(4,288	)
Short-term borrowings		3,856			3,339			1,625			1,771			3,122			517			734
Long-term debt		15,876			16,465			17,495			16,807			15,979			(589	)		(103	)
Interest payable		912			954			890			1,425			1,148			(42	)		(236	)
Unearned insurance premiums and service revenue		3,627			3,563			3,535			3,534			3,496			64			131
Accrued expense and other liabilities		2,789			3,315			2,814			2,769			2,781			(526	)		8
Liabilities of operations held-for-sale		—			35			—			—			—			(35	)		—

Total liabilities	$	174,926		$	179,099		$	177,933		$	178,256		$	178,680		$	(4,173	)	$	(3,754	)
Equity
Common stock and paid-in capital ⁽³⁾	$	15,291		$	15,248		$	15,233		$	15,199		$	15,176		$	43		$	115
Preferred stock		2,324			2,324			2,324			2,324			2,324			—			—
Retained earnings (accumulated deficit)		151			(78	)		270			284			208			229			(57	)
Accumulated other comprehensive loss		(3,219	)		(3,262	)		(3,924	)		(3,393	)		(4,009	)		43			790

Total equity		14,547			14,232			13,903			14,414			13,699			315			848

Total liabilities and equity	$	189,473		$	193,331		$	191,836		$	192,670		$	192,379		$	(3,858	)	$	(2,906	)

(1)

Includes Held-to-maturity securities.

(2)

Credit Card moved to Assets of Operations Held-For-Sale (HFS) on 03/31/25. Sale of Credit Card closed on 04/01/25.

(3)

Includes Treasury stock.

Note: Numbers may not foot due to rounding

ALLY FINANCIAL INC.

CONSOLIDATED AVERAGE BALANCE SHEET⁽¹⁾


($ in millions)
	QUARTERLY TRENDS															CHANGE VS.
	2Q 25			1Q 25			4Q 24			3Q 24			2Q 24			1Q 25			2Q 24
Assets
Interest-bearing cash and cash equivalents	$	8,888		$	9,345		$	8,721		$	7,867		$	7,276		$	(457	)	$	1,612
Investment securities and other earning assets		28,359			28,435			28,894			29,695			29,233			(76	)		(874	)
Loans held-for-sale, net		135			166			123			267			220			(31	)		(85	)
Total finance receivables and loans, net ⁽²⁾(5)		132,762			135,178			136,636			137,625			138,322			(2,416	)		(5,560	)
Investment in operating leases, net		7,919			7,955			7,794			8,038			8,417			(36	)		(498	)

Total interest earning assets		178,063			181,079			182,168			183,492			183,468			(3,016	)		(5,405	)
Noninterest-bearing cash and cash equivalents		874			279			278			266			360			595			514
Other assets		11,367			12,078			11,772			11,711			11,720			(711	)		(353	)
Allowance for loan losses		(3,397	)		(3,708	)		(3,714	)		(3,584	)		(3,557	)		311			160

Total assets	$	186,907		$	189,728		$	190,504		$	191,885		$	191,991		$	(2,821)		$	(5,084	)

Liabilities
Interest-bearing deposit liabilities
Retail deposit liabilities	$	143,492		$	143,914		$	141,868		$	141,286		$	142,949		$	(422	)	$	543
Other interest-bearing deposit liabilities ⁽³⁾		4,806			6,581			9,476			10,789			9,316			(1,775	)		(4,510	)

Total Interest-bearing deposit liabilities		148,298			150,495			151,344			152,075			152,265			(2,197	)		(3,967	)
Short-term borrowings		475			124			239			994			2,254			351			(1,779	)
Long-term debt ⁽⁴⁾		16,129			17,245			16,954			16,597			16,367			(1,116	)		(238	)

Total interest-bearing liabilities ⁽⁴⁾		164,902			167,864			168,537			169,666			170,886			(2,962	)		(5,984	)
Noninterest-bearing deposit liabilities		146			145			158			166			147			1			(1	)
Other liabilities		8,966			7,529			7,757			7,619			7,231			1,437			1,735

Total liabilities	$	174,014		$	175,538		$	176,452		$	177,451		$	178,264		$	(1,524	)	$	(4,250	)
Equity
Total equity	$	12,893		$	14,190		$	14,052		$	14,434		$	13,727		$	(1,297	)	$	(834	)

Total liabilities and equity	$	186,907		$	189,728		$	190,504		$	191,885		$	191,991		$	(2,821)		$	(5,084	)

(1)

Average balances are calculated using a combination of monthly and daily average methodologies.

(2)

Nonperforming finance receivables and loans are included in the average balances net of unearned income, unamortized premiums and discounts, and deferred fees and costs.

(3)

Includes brokered (inclusive of sweep deposits) and other deposits.

(4)

Includes average Core OID balance of $713 million in 2Q25, $729 million in 1Q25, $744 million in 4Q24, $759 million in 3Q24, and $773 million in 2Q24.

(5)

Includes the effects of finance receivables and loans, net that were transferred to loans held-for-sale, net and subsequently transferred to assets of operations held-for-sale as of March 31, 2025. The sale of card closed April 1, 2025.

Note: Numbers may not foot due to rounding