XML 58 R41.htm IDEA: XBRL DOCUMENT

Subsequent Events	12 Months Ended
Subsequent Events	Dec. 31, 2024
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Declaration of Common Dividend On January 16, 2025, our Board declared a quarterly cash dividend of $0.30 per share on all common stock. The dividend was paid on February 14, 2025, to shareholders of record at the close of business on January 31, 2025. Divestiture of Ally Credit Card On January 20, 2025, we formally approved our commitment to divest our credit card business, Ally Credit Card, and entered into a definitive agreement with CardWorks, Inc. The transaction is expected to close during the second quarter of 2025, subject to the completion of customary closing conditions. Ceasing Mortgage Originations In January 2025, we announced that we will no longer accept mortgage applications after January 31, 2025. Consumer mortgage originations will cease during the second quarter of 2025, which will result in a gradual run-off of our remaining consumer mortgage loan portfolio.