Revenue during the quarter grew 3.62 percent to $1,375 million from $1,327 million in the previous year period. Net interest income for the quarter rose 2.94 percent over the prior year period to $979 million. Non-interest income for the quarter rose 5.32 percent over the last year period to $396 million.

Ally Financial has made provision of $271 million for loan losses during the quarter, up 23.18 percent from $220 million in the same period last year.

Net interest margin improved 1 basis points to 2.60 percent in the quarter from 2.59 percent in the last year period. Efficiency ratio for the quarter deteriorated to 56.60 percent from 53.50 percent in the previous year period. A rise in efficiency ratio suggests a fall in profitability.

Deposits stood at $84,486 million as on Mar. 31, 2017, up 20.24 percent compared with $70,265 million on Mar. 31, 2016.

Noninterest-bearing deposit liabilities were $102 million or 0.12 percent of total deposits on Mar. 31, 2017, compared with $92 million or 0.13 percent of total deposits on Mar. 31, 2016.

Investments stood at $21,412 million as on Mar. 31, 2017, up 17.02 percent or $3,114 million from year-ago. Shareholders equity was at $13,365 million as on Mar. 31, 2017.

Return on average assets moved down 10 basis points to 0.50 percent in the quarter from 0.60 percent in the last year period. At the same time, return on average equity decreased 90 basis points to 6.40 percent in the quarter from 7.30 percent in the last year period.

Book value per share was $28.90 for the quarter, up 1.05 percent or $0.30 compared to $28.60 for the same period last year.