While some Ally Financial borrowers are having a harder time making their car payments, the company is sticking to its earlier projection that its retail net charge-offs will be about 1.8% for all of ...
Ally Financial's net income fell 73 percent year over year in the fourth quarter to $76 million, though the plunge was driven in part by its pending sale of Ally Lending to Synchrony. Ally announced ...
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Auto loan charge-offs rose sharply at Ally Financial in the fourth quarter, but executives say that they're well prepared for economic turmoil and further declines in used-car values. More consumers ...
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 ...
NEW YORK — Ally Financial addressed speculation that it might venture into more subprime auto lending. The company reiterated to SubPrime Auto Finance News about its decision to concentrate on the ...
Along with naming a new chief risk officer, Ally Financial on Wednesday announced that it will offer consumer auto financing products for vehicles purchased on Beepi, an online platform launched last ...
Ally Financial Inc. on Wednesday reported first-quarter profit of $319 million — an improvement over the fourth quarter of 2022 — but said its first-quarter net income fell 51 percent from a year ...
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 ...
DETROIT, March 18, 2020 /PRNewswire/ -- Consistent with its mission to be a true ally to its customers, employees, and communities, Ally Financial (NYSE: ALLY) launched a comprehensive set of ...
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