Ally Grows as Auto Delinquencies Remain Stubbornly High

Ally Financial is a major U.S. digital bank and auto lender whose credit performance is closely tied to consumer finances and the used-vehicle market. Persistently high delinquencies can increase credit-loss provisions, constrain earnings and complicate loan growth. Pressure from elevated borrowing and household costs has weakened affordability for some customers, making the pace of improvement in Ally’s auto portfolio an important measure of its risk outlook.

In the second quarter of 2026, Ally Financial’s share of auto loans at least 60 days past due held at 1.04%, unchanged from the same period in 2025. The company’s chief financial officer said consumer affordability remained under pressure, causing delinquencies to decline more slowly than expected. Ally continued to grow, but the stubbornly high level of overdue auto debt remained a key challenge for the digital bank.