Ally Financial (NYSE: ALLY) is having a strong start to 2025, with shares up by 8% for the year as of Feb 19. However, the ...

Ally Financial, after struggling with loans it made during the pandemic-era auto boom, appears to be finally turning the corner as it starts 2025. The progress is partly due to improvements in the ...

At one point Ally Financial was working on diversifying its business. That is why it offers products and services outside of auto lending. However, it doesn't really have material scale outside of the ...

Raymond Farabaugh, president of D-Patrick Inc. in Evansville, Ind. was announced as the 2025 TIME Dealer of the Year.

Ally Financial (NYSE: ALLY) is a bank. But it isn't your typical bank by any stretch of the imagination, given that it is highly focused on the auto lending space. That focus is increasingly in focus ...

Moreover, its loan losses came in well below analysts' average outlook. Ally provides loans that finance auto purchases. A Look at Ally's Q4 Results Ally Financial (NYSE:ALLY) generated Q4 EPS ...

At its core, Ally Financial is a bank. But it isn't your typical bank, which is highlighted by the fact that it was once the auto finance arm of General Motors. Today, Ally Financial's product ...

Ally also offers a full range of financial products, including credit cards, personal loans, investments, auto financing, mortgages, and life insurance through its partnership with Ladder.

Ally Financial reported EPS of 78 cents, beating consensus estimates by 21 cents. Revenues rose 3.6% YoY to $2.09 billion, beating the $2.02 billion consensus estimates.

Ally is carrying $3.7 billion of reserves or 2.73% of loans, and auto coverage is 3.78%. Ally is holding about $800 million of excess reserves beyond what it would hold in a normal economic ...

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 ...

Ally Financial was created when it was spun off of General Motors. Prior to the 2014 spinoff, it was GM's financing arm. So it shouldn't be surprising to find out that auto loans are a massive ...