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Ally Financial Inc   (ALLY)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $37.6200 $0.03 0.080%
Day's High: $37.93 Week Perf: 0.4 %
Day's Low: $ 37.03 30 Day Perf: 4.38 %
Volume (M): 6,807 52 Wk High: $ 38.94
Volume (M$): $ 256,087 52 Wk Avg: $29.14
Open: $37.26 52 Wk Low: $22.54



 Market Capitalization (Millions $) 11,488
 Shares Outstanding (Millions) 305
 Employees 7,100
 Revenues (TTM) (Millions $) 8,214
 Net Income (TTM) (Millions $) 910
 Cash Flow (TTM) (Millions $) 1,217
 Capital Exp. (TTM) (Millions $) 0

Ally Financial Inc

Ally Financial Inc. is a leading, independent, diversified financial services firm. Founded in 1919, we are a leading financial services company with over 95 years of experience providing a broad array of financial products and services, primarily to automotive dealers and their retail customers. We operate as a financial holding company (FHC) and a bank holding company (BHC). Our banking subsidiary, Ally Bank, is an indirect, wholly-owned subsidiary of Ally Financial Inc. and a leading franchise in the growing direct (internet, telephone, mobile, and mail) banking market.

Dealer Financial Services, which includes our Automotive Finance and Insurance operations, and Mortgage are our primary lines of business. Our Dealer Financial Services business is centered on our strong and longstanding relationships with automotive dealers and serves the financial needs of over 17,500 dealers in the United States, including nearly 11,000 dealers outside of the General Motors Company (GM) and Fiat Chrysler Automobiles US LLC (Chrysler) channels, and approximately 4.5 million of their retail customers with a wide range of financial services and insurance products. We believe our dealer-focused business model, with a focus on premium service and deep relationships, value added products and services, and full credit spectrum expertise proven over many credit cycles, makes us the preferred automotive finance company for thousands of our automotive dealer customers. We have developed particularly strong relationships with thousands of dealers resulting from our longstanding relationship with GM as well as relationships with other manufacturers, including Chrysler, providing us with an extensive understanding of the operating needs of these dealers relative to other automotive finance companies. In addition, we have established relationships with thousands of Growth channel (non-GM/Chrysler) dealers through our customer-centric approach and specialized incentive programs. Our Growth channel primarily focuses on franchised and larger, well capitalized dealers.


Ally Bank, our direct banking platform, is focused on the continued prudent expansion of assets while growing a stable deposit base and deepening relationships with its 1.1 million primary customers driven by its compelling brand and strong value proposition. Ally Bank raises deposits directly from customers through direct banking via internet, telephone, mobile, and mail channels. Ally Bank offers a full spectrum of deposit product offerings including savings and money market accounts, certificates of deposit, interest-bearing checking accounts, trust accounts, and individual retirement accounts. We continue to expand the deposit product offerings and accessibility in our banking platform in order to meet customer needs.


Our strategy is to extend our leading position in automotive finance in the United States by continuing to provide automotive dealers and their retail customers with premium service, a comprehensive product suite, consistent funding and competitive pricing, reflecting our commitment to the automotive industry. We are focused on expanding profitable dealer relationships, prudent earning asset growth, and acceptable risk-adjusted returns. Our growth strategy continues to focus on diversifying the franchise by expanding into different products as well as strengthening our network of dealer relationships and on the newer online marketplaces. Over the past several years, we have increased our focus on the Growth channel, which has resulted in increased new standard rate and used vehicle financing volume. We also seek to broaden and deepen the Ally Bank franchise, prudently growing stable, quality deposits while extending our foundation of products and providing a high level of customer service.


In addition, as we look ahead, we are well positioned as the marketplace continues to evolve and are working to build on our existing foundation of approximately 5.6 million customers, strong brand, innovative culture, and leading digital platform to expand our products and services and to create an integrated customer experience.
Use of the word "loan" in this document is intended to refer to, as the context suggests, retail installment sales contracts that we have acquired or other financing products. The term "originate" generally refers to our acquisition of retail installment sales contracts, other financing products, or leases as the context suggests.



   Company Address: 500 Woodward Ave. Detroit 48226 MI
   Company Phone Number: 710-4623   Stock Exchange / Ticker: NYSE ALLY
   


Customers Net Income fell by ALLY's Customers Net Profit Margin fell to

-7.26 %

7 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
AIG   -0.72%    
BA   -2.39%    
BAC        0.14% 
F        0.58% 
GM        4.11% 
WFC        0.28% 
• View Complete Report
   



Contract

Headline for the Ally Financial Inc. Teams Up with Las Vegas Aces in Multi-Year Deal, Ushering in New Era of Support for Women's Sports

Published Tue, Mar 5 2024 8:30 PM UTC

Ally Financial Inc. Strengthens Commitment to Women's Sports as it Announces Multi-Year Partnership with Las Vegas AcesCharlotte, N.C. and Las Vegas - In an exciting development for the WNBA, Ally Financial Inc. (NYSE: ALLY), a leading advocate for women's sports, and the Las Vegas Aces have announced a multi-year partnership deal. This collaboration will not only signify Al...

Ally Financial Inc

Ally Financial Inc. Sees Decline in Revenue and Profits in Q4 2023

Ally Financial Inc. recently reported a decrease in revenue for the fourth quarter of 2023, which led to a significant drop in income and earnings compared to the previous year. The decrease in revenue by -6.088% to $2.07 billion impacted the company's bottom line, with income tumbling by -80.72% to $0.16 per share from $0.83 in the corresponding period in 2022.
Furthermore, the company witnessed a decline in earnings, with a -80.48% drop from $251.000 million in the fourth quarter of 2022 to $49.000 million in the same period in 2023. The operating margin also shrunk to 11.42%, and the net margin decreased to 2.37%. This decline in profitability was further highlighted by a decrease in operating earnings by -86.9% to $236 million.

Contract

Synergistic Alliance: Ally Financial Inc Boosts Customer Experience in the Housing Market with HouseCanary's ComeHome Platform

Published Tue, Nov 14 2023 2:00 PM UTC


HouseCanary Collaborates with Ally to Launch Integrated ComeHome Platform
HouseCanary, a well-known national brokerage recognized for its accurate real estate valuations, has announced its collaboration with Ally Financial, the largest all-digital bank in the nation. This collaboration aims to assist Ally's customers in navigating the housing market with the integra...

Ally Financial Inc

Ally Financial Inc's Remarkable Triumphs Fueling Doubts: Disappointing Third Quarter of 2023



Ally Financial Inc, a leading Regional Bank, recently released its financial results for the July to September 2023 quarter. While the company experienced a modest drop in revenue, its earnings per share remained unchanged at $0.88. This article will analyze the implications of these financial results for Ally Financial Inc and its future prospects.
Declining Revenue in Contrast to Industry Growth:
In the specified time frame, Ally Financial Inc witnessed a year-on-year revenue decrease of -2.381%, amounting to $1.97 billion. This decline in revenue stands in sharp contrast to the overall growth observed in the Regional Banks industry. Industry peers experienced top-line expansion during the same period, indicating that Ally Financial Inc might be facing specific challenges.

Ally Financial Inc

ALLY Financial Inc Experiences Subdued Revenue Spike Amid Troubling Income Decline in Q2 2023

Financial News Report:
Ally Financial Inc's latest financial report for the three months ending June 30, 2023, showed a slight increase in revenue by 0.145%. However, this growth was not enough to prevent a significant decline in income, which dropped by 29.29% compared to the same reporting season a year ago.
During this period, Ally Financial Inc generated $2.08 billion in revenue, with earnings per share standing at $0.99. In comparison to the preceding reporting season, there was a 3.13% improvement in income per share from $0.96 and a 1% decrease in revenue from $2.10 billion.






 

Ally Financial Inc's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Ally Financial Inc does not provide revenue guidance.

Earnings Outlook
Ally Financial Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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