Ally Financial Reports Fourth Quarter and Full Year 2020 Financial Results

Rhea-AI Summary

Ally Financial reported its fourth quarter and full year 2020 results, highlighting significant metrics including $182.2 billion in assets as of December 31, 2020. The company, known for its customer-centric approach, offers a variety of financial services, including automotive financing and banking products. A conference call is scheduled for 9:00 a.m. ET on January 22, 2021, to discuss the performance. Investors can access insights via the Investor Relations website.

Positive

• Assets increased to $182.2 billion as of December 31, 2020.
• Strong customer-centric focus and innovative financial solutions.

Negative

• None.

CHARLOTTE, N.C., Jan. 22, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its fourth quarter and full year 2020 financial results. View the full press release in PDF.

The news release, presentation and financial supplement also can be accessed in the following ways:

• Ally Financial Press Room at https://media.ally.com
• Ally Financial Investor Relations website at https://www.ally.com/about/investor/

Ally will host a conference call at 9:00 a.m. ET to review the company's performance. The call will include a review of the results, followed by a question and answer session.

Conference Call Information: Dial 844-530-6677 (or +1-508-637-5641 for international access) at least 10 minutes prior to the start time and enter the conference ID code 7948248.

The conference call will also be webcast live on Ally's Investor Relations website in the Events & Presentations section (https://www.ally.com/about/investor/events-presentations/index.html).

The presentation and financial supplement will be posted in the Events & Presentations section of Ally's Investor Relations website on Jan. 22, 2021, at approximately 7:30 a.m. ET.

Archive: A taped replay of this call will be made available from 12:00 p.m. ET on Jan. 22, 2021 until Jan. 29, 2021. Please dial 855-859-2056 (or +1-404-537-3406 for international access) and enter the conference ID code 7948248 to access the taped replay. A replay of the webcast will also be made available on the Ally Investor Relations website.

About Ally Financial Inc.
Ally Financial Inc. (NYSE: ALLY) is a leading digital financial-services company with $182.2 billion in assets as of December 31, 2020. As a customer-centric company with passionate customer service and innovative financial solutions, we are relentlessly focused on "Doing it Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. We are one of the largest full-service automotive-finance operations in the country and offer a wide range of financial services and insurance products to automotive dealerships and consumers. Our award-winning online bank (Ally Bank, Member FDIC and Equal Housing Lender) offers mortgage lending, personal lending, and a variety of deposit and other banking products, including savings, money-market, and checking accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs). Additionally, we offer securities-brokerage and investment-advisory services through Ally Invest. Our robust corporate finance business offers capital for equity sponsors and middle-market companies.

For more information and disclosures about Ally, visit https://www.ally.com/#disclosures.

Contacts: 

Daniel Eller
Ally Investor Relations
704-444-5216
daniel.eller@ally.com

Jillian Palash
Ally Communications (Media)
704-644-6201
jillian.palash@ally.com

View original content:http://www.prnewswire.com/news-releases/ally-financial-reports-fourth-quarter-and-full-year-2020-financial-results-301213170.html

SOURCE Ally Financial

FAQ

What were Ally Financial's assets at the end of 2020?

Ally Financial reported $182.2 billion in assets as of December 31, 2020.

When is the conference call for Ally Financial's 2020 earnings?

The conference call is scheduled for 9:00 a.m. ET on January 22, 2021.

Where can I find Ally Financial's 2020 financial results?

The financial results are available on Ally Financial's Investor Relations website.