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.

Capital One

D.R. Horton

Warren Buffett is the world's best-known value investor. The Oracle of Omaha honed his talent as a student of the legendary Benjamin Graham at Columbia University.

Warren Buffett Bargains: 3 Stocks With Price Tags Too Good to Ignore

Early results show Ally.ai capabilities could boost speed, drive team creativity and productivity CHARLOTTE, N.C. , Nov. 16, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) announced today the early results of an experimental generative AI use case with its marketing team designed to help understand the real-world impact the technology could have on campaign development and employee productivity.

'Do It Right' with AI: Ally creators experiment with generative AI in marketing test case

SAN FRANCISCO--(BUSINESS WIRE)--HouseCanary, Inc. (“HouseCanary”), a national brokerage known for its real estate valuation accuracy, today announced it is collaborating with Ally Financial Inc. (NYSE: ALLY), the nation's largest all-digital bank, to help Ally's customers navigate the housing market with its industry-leading home search portal, ComeHome. The relationship enables Ally to incorporate HouseCanary's co-branded ComeHome solution into its website, providing a resource for Ally's cust.

HouseCanary Collaborates with Ally to Launch Integrated ComeHome Platform

Nu Holdings

Visa

Visa is benefiting from a resilient U.S. spender, and its valuation is the lowest it's been in years. Nu has massive growth opportunities in new markets and increasing engagement.

3 Warren Buffett Stocks to Buy Hand Over Fist in November

American Express

Ally Bank is attracting hundreds of thousands of new customers looking for easy-to-use, low-fee products. American Express is capturing market share among millennials and Gen Z, which should drive future growth.

2 Warren Buffett Stocks to Buy on the Dip With $300

Ally's main product line is originating auto loans. Higher interest rates are making deposits more costly.

3 Things the Smartest Investors Know About Ally Financial

Bank of America

Bank stocks are getting hit with concerns over rising interest rates and commercial real estate failures. Investors would be smart to look at bank stocks with stable deposit bases and minimal real estate exposure.

Bank Stocks Are Falling Again -- Should You Buy The Dip?

Thermo Fisher Scientific

Texas Instruments

Ally Financial is a digital bank that offers a dividend yield above 5% at recent prices. Thermo Fisher Scientific's COVID-19 testing revenue has evaporated, but that won't stop the company from raising its dividend payout higher in the years ahead.

3 Beaten-Down Dividend Stocks You Could Regret Not Buying on the Dip

StoneCo

StoneCo is a financial services company that is increasingly popular among e-commerce and brick-and-mortar businesses throughout Brazil. Bank of America is Berkshire Hathaway's second-largest stock holding, and it's recently been beaten down to a new 52-week low.

3 Warren Buffett Stocks You Can Buy With $100 Right Now

Ally Financial enjoys a strong competitive advantage as one of the largest auto lenders in the United States, contributing to its robust market position. The lending environment is currently marked by opportunistic features, including high-yield returns and a selective approach to lending based on credit scores. The increased yield from new loans will help offset the rising funding costs associated with depositors, ultimately resulting in significantly higher earnings in the near future.

Ally Financial: Driving Forward With A Strong Moat In A High-Yield Environment

AT&T

AT&T's mobile and fiber internet businesses are delivering steady growth investors can rely on. Ally Financial stock has been beaten down despite the bank's encouraging performance.

2 High-Yield Dividend Stocks to Buy Now and Hold for a Decade or Longer

Ally Financial is facing headwinds with the Federal Reserve raising interest rates. The company has a fantastic record of growing its deposits, which allows it to grow its loan book.

Is This Beaten-Down Bank Stock Posed to Make You a Fortune in Dividends?

Warren Buffett has historically had a soft spot for bank stocks, especially when they're dirt cheap. Macroeconomic uncertainty continues to weigh on Ally Financial.

1 Warren Buffett Stock Down 56% You'll Regret Not Buying on the Dip

Citigroup

Chevron

General Motors

Jefferies Financial Group Inc

Johnson & Johnson

Kraft Heinz

Coca-Cola

Kroger

Louisiana-Pacific

Mondelez

Paramount Global

This Buffett holdings list from Kiplinger first appeared 8/21/23 on-line. Kiplinger, YCharts and Dogs of The Dow all track this Buffett/Berkshire batch. Here is your update from 10/17/23 YCharts data. 32 of 48 current Berkshire-Hathaway-owned-stocks pay dividends. As of 10/17/23 the top-ten ranged 3.05%-5.08% by annual-yield and 45 of 48 ranged 0.83% to 64.28% per broker-estimated target-price-upsides.

Buffett's 6 Dividend Buys For October

Berkshire Hathaway owns six different bank stocks in its massive portfolio. All but one of them are significantly underperforming the S&P 500 this year.

5 Out of 6 Warren Buffett Bank Stocks Are Underperforming the S&P 500 in 2023 -- Which Are the Best Buys Now?

Ally Financial has transformed into an online-only bank with $153B in deposits and 3MM customers. The company's focus on secured lending and high-interest loans, funded by deposits, sets it apart from struggling auto lenders.

Ally Financial's Discount To Tangible Book Makes Little Sense

Ally Financial (ALLY) records a decline in revenues in the third quarter of 2023.

Ally Financial (ALLY) Beats on Q3 Earnings Despite Higher Costs

Ally Financial Inc. (NYSE:ALLY ) Q3 2023 Earnings Conference Call October 18, 2023 9:00 AM ET Company Participants Sean Leary - Head of IR and Enterprise FP&A Jeffrey J. Brown - CEO Russell Hutchinson - CFO Conference Call Participants Ryan Nash - Goldman Sachs Sanjay Sakhrani - Keefe, Bruyette, & Woods Jon Arfstrom - RBC Capital Markets Bill Carcache - Wolfe Research Kevin Barker - Piper Sandler Operator Good day and thank you for standing by.

Ally Financial Inc. (ALLY) Q3 2023 Earnings Call Transcript

Although the revenue and EPS for Ally Financial (ALLY) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Ally Financial (ALLY) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Ally Financial (ALLY) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $1.12 per share a year ago.

Ally Financial (ALLY) Q3 Earnings Beat Estimates

CHARLOTTE, N.C. , Oct. 18, 2023 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its third quarter 2023 financial results.

Ally Financial reports third quarter 2023 financial results

MIAMI , Oct. 16, 2023 /PRNewswire/ -- Gabrielle Abinion of Fox Valley Volkswagen in St. Charles, Illinois was honored with this year's "Ally Sees Her" award for her proven leadership in the automotive industry, becoming a dealership general manager at only 25-years old – decades ahead of most in that role. Juan Niebles, Ally's senior director of auto sales, presented Abinion, a general manager at Fox Valley Volkswagen, which has been owned by Abinion's family since 2006, with the award during the National Association of Minority Automobile Dealers (NAMAD) annual conference.

Ally and NAMAD recognize Illinois Native as an emerging female leader in the automotive industry

KeyCorp

Regions Financial

Truist Financial

U.S. Bancorp

The third-quarter earnings-reporting season got off to a very solid start on Friday, as four leading mega-cap money center banks posted stellar results.

Top Financials Blew Out Q3 Earnings on Friday: 6 Banks That Pay Huge Dividends May Do the Same This Week

Ally Financial stock is undervalued going by multiples, trading at just 5.6 times earnings and 0.9 times book value. The company has a reasonable - though not excellent - amount of liquidity and is unlikely to suffer a "bank run" or go under. Ally Financial is a profitable company with a high net margin and strong returns on equity, making it an attractive investment option.

Ally Financial: A 5% Yield Value Play For 2023

Ally Financial currently has a high dividend yield over 4.5% that is well-supported by cash flow. Ally's online-only model allows it to offer higher interest rates and attract younger customers who prefer mobile banking. Ally actively diversifies its income sources, including its insurance segment and credit card business, while maintaining a significant liquidity position.

News for Ally Financial Stock (ALLY)