Ally Financial Inc. · NYSE:ALLY
Ally Financial — Morgan Stanley Financials Conference 2017
9 slides from Ally Financial's conference presentation, Jun 14, 2017
Slide 1: Ally Financial Inc. Morgan Stanley Financials Conference
Ally Financial Inc. Morgan Stanley Financials Conference June 14, 2017 1
Slide 2: Forward-Looking Statements and Additional Information
Forward-Looking Statements and Additional Information This presentation 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 histori
Slide 3: Path to $5 billion +/- Net Financing Revenue
Path to $5 billion +/- Net Financing Revenue(1) Net Financing Revenue (excluding OID)(1) Growth Simulation Product $5 +/- Auto Portfolio Expansion billion Deposit Optimization $4 Growth + Corporate billion + Higher Loan Finance and Yields and Mortgage growth + Reduce Balances unsecured funding footp
Slide 4: Asset Mix
Asset Mix Asset growth from capital efficient assets while auto assets relatively flat 1Q 2017(1) Average Average Medium-term Expectations ($ billions) Balance Yield $ Retail Auto Loan 66 5.7% • Estimated originated yield(3) YTD ’17 of 6.3% $ Commercial Auto 38 3.2% • Asset yields expected to rise w
Slide 5: Liability Mix
Liability Mix Mix continues to shift towards deposits as the primary funding source 2013 1Q 2017 Medium-term Target FHLB / FHLB / Other FHLB / Other Other 5% 9% Unsecured Unsecured Unsecured 15% 27% Deposits 41% Secured Deposits Deposits 57% Secured ~70 - 75% 19% Secured 28% Note: Funding profiles b
Slide 6: Unsecured Maturities
Unsecured Maturities Significant benefit as unsecured debt maturities are replaced with low-cost deposits Ally Unsecured Debt Securities(1) Principal Am ount Illustrative EPS Savings ~$12 billion Outstanding (2) Maturity Date Coupon ($ billions) @ Refi. Cost of:(3) 1.25% 2.00% in maturities (‘17 – ’
Slide 7: Secured Debt Footprint
Secured Debt Footprint Secured funding poised to become more efficient over time as assets move to bank 1Q 2017 Expect significant reduction in Average Average parent funding needs over the ($ billions) Balance Yield medium-term Secured Facilities $ Bank 3 1.8% Fixed vs. Variable Secured Debt $ Pare
Slide 8: Deposit Re-pricing
Deposit Re-pricing Modeling pass-through rate to steepen over time Betas have been muted through FOMC tightening actions to date, but are expected to steadily increase over time Ally’s deposit growth expected to outpace balance sheet growth over next several years as funding mix is optimized All
Slide 9: Notes on non-GAAP and other financial measures
Supplemental Notes on non-GAAP and other financial measures Net Financing Revenue (ex. OID) Total Funding Sources (ex. OID) $ in millions FY 2016 $ in b illions 1Q 2017 GAAP Net Financing Revenue $ 3,907 GAAP Total Funding Sources $ 143 Original Issue Discount ("OID") 57 Original Issue Discount ("OI
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