Ally Financial Inc. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the year, the company reported total other revenue of $1,530 million against $1,142 million a year ago. Pre-tax income from continuing operations was $1,581 million against $1,393 million a year ago. Net income was $1,067 million against $1,289 million a year ago. Net income available to common was $1,037 million against loss of $1,282 million a year ago. GAAP diluted EPS was $2.15 against loss of $2.66 a year ago. Adjusted EPS was $2.16 against $2.00 a year ago. Return on equity was 8.0% against 8.9% a year ago. Pre-tax income from continuing operations was due to continued strong contributions from lending businesses which were supported by strong deposit growth. Core net income available to the common was $1,043 million against $967 million a year ago.

For the quarter, the company reported total other revenue of $392 million against $356 million a year ago. Pre-tax income from continuing operations was $380 million against $431 million a year ago. Net income was $248 million against $263 million a year ago. Net income available to common was $248 million against loss of $953 million a year ago. GAAP diluted EPS was $0.52 against loss of $1.97 a year ago. Adjusted EPS was $0.54 against $0.52 a year ago. Return on equity was 7.4% against 7.4% a year ago. Adjusted tangible book value per share was $26.2 against $24.6 a year ago.

For the quarter, the company reported net charge-offs of $257 million against $198 million a year ago.