Regulatory Capital and Other Regulatory Matters (Tables)

9 Months Ended

Sep. 30, 2022

Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]

Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations

The following table summarizes our capital ratios under U.S. Basel III.

	September 30, 2022				December 31, 2021				Required minimum (a)		Well-capitalized minimum
($ in millions)	Amount		Ratio		Amount		Ratio
Capital ratios
Common Equity Tier 1 (to risk-weighted assets)
Ally Financial Inc.	$	14,441	9.30	%	$	15,143	10.34	%	4.50	%	(b)
Ally Bank	17,302		11.75		17,253		12.39		4.50		6.50	%
Tier 1 (to risk-weighted assets)
Ally Financial Inc.	$	16,716	10.77	%	$	17,403	11.89	%	6.00	%	6.00	%
Ally Bank	17,302		11.75		17,253		12.39		6.00		8.00
Total (to risk-weighted assets)
Ally Financial Inc.	$	19,238	12.39	%	$	19,724	13.47	%	8.00	%	10.00	%
Ally Bank	19,152		13.00		18,995		13.64		8.00		10.00
Tier 1 leverage (to adjusted quarterly average assets) (c)
Ally Financial Inc.	$	16,716	8.78	%	$	17,403	9.67	%	4.00	%	(b)
Ally Bank	17,302		9.62		17,253		10.12		4.00		5.00	%

(a)In addition to the minimum risk-based capital requirements for the Common Equity Tier 1 capital, Tier 1 capital, and total capital ratios, Ally was required to maintain a minimum capital conservation buffer of 3.5% at both September 30, 2022, and December 31, 2021, and Ally Bank was required to maintain a minimum capital conservation buffer of 2.5% at both September 30, 2022, and December 31, 2021. Beginning October 1, 2022, Ally’s capital conservation buffer requirement was reduced to 2.5%, reflecting its updated stress capital buffer requirement.

(b)Currently, there is no ratio component for determining whether a BHC is “well-capitalized.”

(c)Federal regulatory reporting guidelines require the calculation of adjusted quarterly average assets using a daily average methodology.

Schedule of Common Share Distribution Activity

The following table presents information related to our common stock and distributions to our common stockholders.

	Common stock repurchased during period (a) (b)			Number of common shares outstanding		Cash dividends declared per common share (c)
($ in millions, except per share data; shares in thousands)	Approximate dollar value		Number of shares	Beginning of period	End of period
2021
First quarter	$	219	5,276	374,674	371,805	$	0.19
Second quarter	502		9,641	371,805	362,639	0.19
Third quarter	679		13,055	362,639	349,599	0.25
Fourth quarter	594		12,046	349,599	337,941	0.25
2022
First quarter	$	584	12,548	337,941	327,306	$	0.30
Second quarter	600		15,031	327,306	312,781	0.30
Third quarter	415		12,468	312,781	300,335	0.30

(a)Includes shares of common stock withheld to cover income taxes owed by participants in our share-based incentive plans.

(b)Our aggregate common-stock dividends and share repurchases in the first and second quarters of 2021 were limited by actions taken by the FRB to address the economic uncertainty from the COVID-19 pandemic. Refer to Note 20 to the Consolidated Financial Statements in our 2021 Annual Report on Form 10-K for further details about these actions.

(c)On October 10, 2022, our Board declared a quarterly cash dividend of $0.30 per share on all common stock, payable on November 15, 2022, to stockholders of record at the close of business on November 1, 2022. Refer to Note 25 for further information regarding this common-stock dividend.