ALLY — what changed in the latest 10-Q
A section-by-section comparison of ALLY's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-07-23 vs the prior 10-Q · 2026-05-05
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +132 | −86 | ~98 | 223 |
| Controls & procedures | Text added/removed | +1 | −1 | 0 | 2 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +2 | −3 | 0 | 1 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Market risk (Item 3), Legal proceedings
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-07-23
($ in millions)20262025Favorable/(unfavorable) % change20262025Favorable/(unfavorable) % change
($ in millions)20262025Favorable/(unfavorable) % change20262025Favorable/(unfavorable)
Insurance premiums and service revenue earned368 359 3728 723 1
Loss on mortgage and automotive loans, net(6)(4)(50)(9)(3)n/m
Insurance losses and loss adjustment expenses208 203 (2)329 364 10
Text removed vs the prior filing · source: 10-Q · 2026-05-05
Total financing revenue and other interest income$3,374 $3,393 (1)
Net depreciation expense on operating lease assets268 240 (12)
Net financing revenue and other interest income1,589 1,478 8
Income (loss) from continuing operations before income tax expense (benefit)400 (284)n/m
Income tax expense (benefit) from continuing operations81 (59)n/m
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-07-23
In the normal course of business, we review our controls and procedures and make enhancements or modifications intended to support the quality of our financial reporting. There were no changes in our internal control over financial reporting (as defined in Rule 13a-15(f) of the Exchange Act) that oc…
Text removed vs the prior filing · source: 10-Q · 2026-05-05
In the normal course of business, we review our controls and procedures and make enhancements or modifications intended to support the quality of our financial reporting. During the first quarter of 2026, we implemented a new Enterprise Resource Planning (“ERP”) system, which replaced the former fin…
Other information
Text added vs the prior filing · source: 10-Q · 2026-07-23
(c) Director or Executive Officer Rule 10b5-1 and Non-Rule 10b5-1 Trading Arrangements
During the three months ended June 30, 2026, none of our directors or executive officers, as defined in Rule 16a-1 under the Exchange Act, adopted, terminated, or modified a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement” as such terms are defined under Item 408 or Regulat…
Text removed vs the prior filing · source: 10-Q · 2026-05-05
(c) The following provides a description of Rule 10b5-1 trading arrangements and non-Rule 10b5-1 trading arrangements (as defined in Item 408 of Regulation S-K under the Exchange Act) adopted during the three months ended March 31, 2026, by any director or executive officer who is subject to the fil…
On January 30, 2026, Stephanie N. Richard, Chief Risk Officer, adopted an arrangement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act for the sale of up to 20,000 shares of common stock in the amounts and at prices determined in accordance with the formul…
No directors or executive officers modified or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement” during the three months ended March 31, 2026.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice