Ally Financial

Ally Financial, Inc. is a holding company, which provides digital financial services to consumers, businesses, automotive dealers, and corporate clients. It operates through the following segments: Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations. The Automotive Finance Operations segment offers retail installment sales contracts, loans and leases, offering term loans to dealers, financing dealer floorplans and other lines of credit to dealers, warehouse lines to companies, fleet financing, providing financing to companies and municipalities for the purchase or lease of vehicles and equipment, and vehicle remarketing services. The Insurance Operations segment focuses on finance protection and insurance products sold primarily through the automotive dealer channel, and commercial insurance products sold directly to dealers. The Mortgage Finance Operations segment consists of the management of a held-for-investment consumer mortgage finance loan portfolio, which includes bulk purchases of jumbo and LMI mortgage loans originated by third parties. The Corporate Finance Operations segment provides senior secured leveraged cash flow and asset-based loans to mostly United States based middle market companies focused on businesses owned by private equity sponsors with loans typically used for leveraged buyouts, mergers and acquisitions, debt refinancing, restructurings, and working capital. The company was founded in 1919 and is headquartered in Detroit, MI.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Ally Financial reports solid Q4 performance amidst credit challenges

Ally Financial's Q4 2022 performance showcased solid financial metrics, with notable strengths in insurance and credit card portfolios.
Challenges include increased net charge-offs in retail auto and a decline in Ally Home originations, impacting overall profitability.
Despite challenges, the company maintains a positive margin outlook and aims to address credit risk management effectively for future growth.
Opportunities lie in leveraging strong dealer relationships, growing deposit balances, and optimizing credit management strategies for enhanced performance.

Ally Financial reports resilient Q1 performance amidst market challenges

Ally Financial delivered a strong performance in Q1, supported by robust operational metrics, a resilient net interest margin, and a focus on consumer deposit franchise strength.
While facing challenges such as competitive pressures and market uncertainties, Ally remains well-positioned to leverage opportunities in the market landscape and maintain a conservative risk posture.
By emphasizing culture, operational efficiency, and strategic positioning, Ally aims to navigate market headwinds, capitalize on growth opportunities, and drive sustainable value for its stakeholders.
With a solid financial foundation, access to incremental funding, and a cautious approach to risk management, Ally is poised to adapt to evolving market dynamics and deliver long-term value to investors.

Ally Financial posts strong Q2 results amidst market challenges

Ally Financial's Q2 performance reflects financial stability, strong customer focus, and disciplined capital allocation.
Challenges from interest rates, inflation, and regulatory changes are being addressed through strategic initiatives and prudent risk management.
Opportunities for margin expansion, relationship growth, and balance sheet optimization position Ally for future growth and resilience.
The company's competitive strengths, robust liquidity, and focus on cost control measures underpin its strategic positioning in the market.

Ally Financial excels in Q3, eyes NIM expansion and CEO transition

Ally Financial's Q3 performance reflects robust financial metrics and diversified revenue streams.
The company's focus on cost efficiency, strong liquidity, and capital position underpin its resilience.
Navigating regulatory changes and optimizing NIM present challenges amidst growth opportunities.
CEO transition plans and strategic initiatives position Ally for continued success and innovation.

Ally Financial reports robust Q4 earnings, eyes future growth opportunities

Ally Financial's Q4 2023 earnings call highlighted strong financial performance, market-leading franchises, and strategic initiatives to drive future growth. While facing challenges in retail auto charge-offs, the company remains confident in its setup for earnings expansion and executing controllables for shareholder value. With a focus on culture, employee dedication, and financial metrics, Ally Financial aims to navigate uncertainties and capitalize on opportunities for sustained success.

Ally Financial excels in Q1, poised for growth amidst challenges

Ally Financial delivered strong Q1 results with robust performance across its divisions and strategic financial management initiatives.
While facing challenges such as credit delinquencies and margin weakness, Ally's market-leading franchises and competitive advantages position it well for growth.
Opportunities lie in optimizing funding costs, further market share growth, and sustained profitability through strategic asset allocation.
Overall, Ally Financial's performance, strengths, and opportunities outweigh the challenges, indicating a positive outlook for future growth and profitability.

Ally Financial excels in Q2 2024, poised for digital growth

Ally Financial's Q2 performance reflects strong financial results, customer growth, and strategic initiatives, underlining its resilience and market leadership.
The company's strengths in auto finance, digital banking, and capital management position it well for future growth and value creation despite potential challenges.
By embracing opportunities in digital innovation, market expansion, and strategic partnerships, Ally Financial aims to drive sustainable earnings growth and shareholder value.

Ally Financial reports Q3 earnings, faces challenges amid growth opportunities

Ally Financial's Q3 performance was driven by tax credits but challenged by interest rate volatility and credit costs.
Despite a decline in retail deposits, the company's strong franchises and focus on financial transparency and efficiency position it for growth.
Executives emphasized the importance of credit normalization, margin expansion, and expense management for long-term returns.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ally Financial, Inc. engages in the provision of online banking, securities brokerage, and investment advisory services. It operates through the following segments: Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, Corporate Finance Operations, and Corporate and Other. The Automotive Finance Operations segment offers retail installment sales contracts, loans, and operating leases, offering term loans to dealers, financing dealer floor plans and other lines of credit to dealers, warehouse lines to automotive retailers, fleet financing, providing financing to companies and municipalities for the purchase or lease of vehicles, and vehicle-remarketing services. The Insurance Operations segment focuses on consumer financial and insurance products such as vehicle service and vehicle maintenance contracts, and guaranteed asset protection. The Mortgage Finance Operations segment includes Ally Home Mortgage (ALM) offering and bulk purchases of high-quality jumbo and low-to-moderate income mortgage loans. The Corporate Finance Operations segment provides senior secured leveraged asset-based and cash flow loans to middle-market companies, with a focus on businesses owned by private equity sponsors. The Corporate and Other segment is involved in centralized corporate treasury activities such as management of the cash and corporate investment securities and loan portfolios, short- and long-term debt, retail and brokered deposit liabilities, derivative instruments, original issue discount, and the residual impacts of corporate funds-transfer pricing and treasury ALM activities. The company was founded in 1919 and is headquartered in Detroit, MI.

CHARLOTTE, N.C., July 27, 2021 /PRNewswire/ -- Ally Home, the residential mortgage lending arm of Ally Bank, today announced the launch of RefiNow, a home financing option to better serve borrowers who struggle to qualify for other refinancing options.

Ally Home launches RefiNow™ to provide greater access to mortgage refinance options for homeowners

Western Alliance Bancorporation

Bank stocks have had a strong year so far, and Q2 results suggest they aren't about to slow down.

2 Overlooked Bank Stocks That Just Crushed Earnings

The shares of Ally Financial Inc (NYSE: ALLY) have received a price target increase from $59 to $63 from Citi. These are the details.

ALLY Stock: $63 Target From Citi

Danaos

GasLog Partners

Petroleo Brasileiro

GLOP, PBR, ALLY, and DAC made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 23, 2021.

Top Ranked Value Stocks to Buy for July 23rd

Group 1 Automotive

Penske Automotive Group

Controladora Vuela Cia de Aviacion SAB de CV

VLRS, PAG, GPI, and ALLY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 23, 2021.

Top Ranked Momentum Stocks to Buy for July 23rd

Ally Financial (ALLY) records a rise in revenues and expenses in the second quarter of 2021.

Ally Financial (ALLY) Stock Gains 6.1% on Q2 Earnings Beat

Bank of New York Mellon

Cummins

Duke Energy

Goldman Sachs

Marsh & McLennan

Morgan Stanley

National Retail Properties

PPG Industries

Ryder System

State Street

Walgreens

This weekly article series covers dividend changes. A summary table provides relevant data and key statistics of dividend increases.

Dividend Increases: July 10-16, 2021

Ally Financial Inc. (ALLY) CEO Jeff Brown on Q2 2021 Results - Earnings Call Transcript

Ally Financial (ALLY) delivered earnings and revenue surprises of 50.32% and 11.61%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Ally Financial (ALLY) Surpasses Q2 Earnings and Revenue Estimates

Shares of Ally Financial (NYSE:ALLY) moved higher by 2.5% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 281.97% year over year to $2.33, which beat the estimate of $1.46.

Ally Financial: Q2 Earnings Insights

CHARLOTTE, N.C., July 20, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its second quarter 2021 financial results.

Ally Financial reports second quarter 2021 financial results

On Tuesday, July 20, Ally Financial (NYSE:ALLY) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

Earnings Preview: Ally Financial

Ally Financial (ALLY) is expected to have recorded a decline in fee revenues in the second quarter of 2021.

Is a Beat in Store for Ally Financial (ALLY) in Q2 Earnings?

Sierra Bancorp

First Busey

Dollar General

FS Bancorp

Gladstone Investment

Gladstone Investment Corporation - 6.375% PRF REDEEM 31/08/2025 USD 25 - Ser E

Gladstone Investment Corp 6 1/4% Cum Term Pfd Shs Series D

Gladstone Land

Parke Bancorp

Riverview Bancorp

Star Group

Simpson Manufacturing

Zoetis

A weekly summary of dividend activity for Dividend Challengers. Companies which changed their dividends.

Dividend Challenger Highlights: Week Of July 18

American Financial Group

Dick's Sporting Goods

Huntington Bancshares

Jefferies Financial Group Inc

Target

Williams-Sonoma

When bull markets get extended you see a lot of people focus on trading stocks. Now's the time to pick great retirement stocks at bargains.

7 A-Rated Retirement Stocks to Buy to for Your Golden Years

Dow Inc

Graco

Texas Instruments

Watsco

The five large-cap companies discussed herein are slated to release second-quarter earnings results next week. These are: DOW, TXN, WSO, GGG and ALLY.

5 Large-Cap Stocks to Buy Ahead of Their Q2 Earnings Next Week

DETROIT, July 15, 2021 /PRNewswire/ -- This month, more than 500 U.S. athletes will travel to Tokyo to compete on the world stage, and the vast majority of them will go without any financial support from a sponsor. Depending on the sport, it can cost athletes tens of thousands of dollars or more to pursue their dreams, yet they don't give up.

Ally shines spotlight on #TheUnsponsored athletes, celebrating and supporting their dreams to be the best

It has the biggest auto loan book in America, but with demand for cars potentially cooling, the company should shift focus to the red-hot housing market.

What To Expect From Ally Financial's Q2 Earnings

CHARLOTTE, N.C., July 13, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has declared quarterly dividend payments for the company's Series B and Series C preferred stock securities.

Ally declares dividends on Series B and Series C preferred stock

CHARLOTTE, N.C., July 13, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today announced that its board of directors has authorized the company to repurchase up to $2.0 billion of the company's common stock for 2021.

Ally announces 25% increase to 2021 share repurchase authorization and 32% increase to common dividend

JPMorgan Chase & Co

Financial Select Sector SPDR Fund

Financials are stepping up to the earnings plate, making them the obvious choice for this week's top stock trades. Here are three favorites.

3 Top Financial Stock Trades for the Week

Ally Financial has done remarkable work at balancing its business, cutting costs and moving its operations to become fully digital in a market that rewards potential growth. Even so, some risks remain as auto financing was hit hard by the pandemic and some regions see lower than expected mortgage growth. Ally Financial has done remarkable work at balancing its business, cutting costs and moving its operations to become fully digital in a market that rewards potential growth.

Ally Financial: Superb Position But Is It Enough

People's United Financial

Pfizer

Provident Financial Services

AT&T

Viatris

Vanguard High Dividend Yield ETF

Verizon

Pfizer hasn't had their price move really this year.

Dividend Stock Watch List: Lanny's July 2021 Edition

Ally Financial (ALLY) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Ally Financial (ALLY): Strong Industry, Solid Earnings Estimate Revisions

Conagra Brands

Quest Diagnostics

Companhia Paranaense de Energia - COPEL

Enel Americas

As of June 29, the GuruFocus All-in-One Screener, a Premium feature, found that the following companies have low price-earnings ratios and high dividend yields.

5 Guru Stocks Paying High Dividend Yields

News for Ally Financial Stock (ALLY)