The auto lender is selling its credit card business and halting new mortgage loans, abandoning its once-broader ambitions.
Raymond Farabaugh, president of D-Patrick Inc. in Evansville, Ind. was announced as the 2025 TIME Dealer of the Year.
Ally Financial (NYSE: ALLY) became a standalone company in 2014 when it was spun off from General Motors (NYSE: GM). This is ...
Key Takeaways Ally Financial posted fourth-quarter earnings and revenue that topped estimates as it reduced expenses.CEO ...
Ally Financial Inc.'s Q4 results alleviated some credit loss concerns, but has elevated delinquencies and an uncertain 2025 ...
Ally Financial Inc. (NYSE:ALLY), a leading digital financial services company with a market capitalization of $12.24 billion, has been navigating a complex financial landscape marked by shifting ...
Ally Financial (ALLY) stock jumped 8.6%in Wednesday premarket trading after the lender posted stronger-than-expected Q4 ...
CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders ...
RBC Capital analyst Jon Arfstrom raised the firm’s price target on Ally Financial (ALLY) to $45 from $41 and keeps an Outperform rating on the ...
Ally Financial is largely an auto lender, created when the business was spun off from General Motors. The company carries an investment grade rated balance sheet and has a 3.3% dividend yield.
This is actually pretty important because it speaks to Ally Financial's business model of making auto loans. And, after efforts to diversify the all-digital bank, it is getting out of businesses ...