Profile
Sector:
Financial ServicesIndustry:
Credit ServicesCountry:
United StatesIPO:
28 January 2014Website:
http://www.ally.comNext earnings report:
17 July 2024Last dividends:
30 April 2024Next dividends:
N/APrice
pre-market | 25 min agoAnalysts recommendations
Institutional Ownership
ALLY Latest News
Ally Financial is benefiting from an improving credit outlook due to a "soft landing" for the US economy. Expect further progress in credit performance in the upcoming Q2 earnings release. Potential disruption and increased competition in the auto financing market are medium-term risks.
Ally Financial is a growing online bank with a dividend yield of 3.1%. Phillip Morris International is a nicotine giant with a growing set of products for consumers.
There are dozens of stocks in Berkshire Hathaway's portfolio, many of which were hand-picked by CEO Warren Buffett himself. BYD and Ally Financial are both cheaply valued relative to their growth potential over the next few years.
Yield is an important factor in dividends, but there are other ones to take into account. A growing dividend yield due to falling share price can signal trouble at the company.
The company has three operating segments: Credit Card Consumer Banking, Commercial Banking. It offers various types of accounts such as checking accounts, money market deposits, negotiable order of withdrawals, savings deposits, and time deposits. Its loan offerings include credit card loans, auto and retail banking loans, commercial and multifamily real estate loans, and commercial and industrial loans.
This internet bank is a top player in its primary industry and has low trading costs.
Realty Income has a strong business model that remains successful despite the current high-interest-rate climate, while Starbucks is undergoing a transformation and has ambitious expansion goals.
ALLY Financial (ALLY) experiences a decrease in revenues compared to the previous year in the first quarter of 2024.
While the revenue and EPS figures for Ally Financial (ALLY) provide insight into its performance in the first quarter of 2024, it is important to also assess how certain key metrics stack up against analyst predictions and the previous year's results.
Ally Financial (ALLY) reported quarterly earnings of $0.45 per share, surpassing the Zacks Consensus Estimate of $0.33 per share. This is lower than the earnings of $0.82 per share from the same period last year.
What type of business is Ally Financial?
Ally Financial Inc. is one of the largest corporations specializing in providing digital banking services, such as financing and insurance, in the United States and Canada. The company was founded in 1919 under the name GMAC Inc., and has been known as Ally Financial Inc. since 2010. The company is based in Detroit, Michigan. The "Auto Finance" segment offers financing services to consumers, car dealers, and other enterprises in the automotive industry. The "Insurance Operations" segment offers protection for consumer financing and insurance products, primarily sold through car dealers. The "Mortgage Financing" segment manages a portfolio of consumer mortgage loans. The "Corporate Finance" segment provides medium-sized American companies with loans.
What sector is Ally Financial in?
Ally Financial is in the Financial Services sector
What industry is Ally Financial in?
Ally Financial is in the Credit Services industry
What country is Ally Financial from?
Ally Financial is headquartered in United States
When did Ally Financial go public?
Ally Financial initial public offering (IPO) was on 28 January 2014
What is Ally Financial website?
https://www.ally.com
Is Ally Financial in the S&P 500?
No, Ally Financial is not included in the S&P 500 index
Is Ally Financial in the NASDAQ 100?
No, Ally Financial is not included in the NASDAQ 100 index
Is Ally Financial in the Dow Jones?
No, Ally Financial is not included in the Dow Jones index
When does Ally Financial report earnings?
The next expected earnings date for Ally Financial is 17 July 2024