Shares of Ally Financial Inc. ALLY lost 17.6% in Tuesday’s trading, touching its lowest level since January, after the company warned of “intensifying credit challenges” in the current quarter. ALLY’s ...

Ally Financial announced in second-quarter earnings that it saw net interest margin expand for the first time in a year as deposit costs ease and its yield on loans increases. Ally Financial is ...

Ally Financial said Wednesday that second-quarter net income fell 32 percent from a year earlier as the bank drew less financing revenue, set aside more money to cover potential losses from loans and ...

Ally reported making $10.4 billion in auto loans during the second quarter, up from $9.5 billion in the first quarter, while being pickier in the loans it selected and charging higher interest rates ...

NEW YORK (Reuters) - Ally Financial Inc, the United States' largest maker of car loans, hopes that people have forgotten the time when "subprime" became a synonym for "disaster." Ally, once known as ...

New Ally Financial Inc. leader Michael Rhodes plans to prioritize Ally strengths such as its auto business rather than "emerging opportunities" available to the bank, he said July 17 while leading his ...

(Reuters) - Ally Financial Inc , the largest U.S. auto loan company, reported a 37 percent fall in quarterly profit as it adapts to lost leasing business from General Motors. Net income fell to $268 ...

Ally Financial stock has increased over 46% since October 2023, with a dividend yield now at 3.3%. Interest rate changes and tightening of finances are expected to be catalysts for Ally's growth in ...

Ally Financial gets upgraded to a hold, from my prior sell rating, as the share price trades below its moving average and remains undervalued. Future revenue growth estimates are weak vs peers, and ...

As the company’s chief executive officer shared his five broad perspectives about the ongoing economic crisis created by the coronavirus pandemic, Ally Financial also offered more details about how it ...