Ally Financial Reports Second Quarter 2020 Financial Results

Rhea-AI Summary

Ally Financial Inc. (NYSE: ALLY) released its Q2 2020 financial results, showcasing assets of $184.1 billion as of June 30, 2020. The company focuses on providing innovative financial solutions across various sectors, including automotive finance and banking services through Ally Bank. A conference call for discussing the results is scheduled for 9:00 a.m. ET on July 17, 2020. For more details, visit Ally's Investor Relations website.

Positive

• Assets increased to $184.1 billion.
• Strong focus on customer service and innovative financial solutions.

Negative

• None.

CHARLOTTE, N.C., July 17, 2020 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its second quarter 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 4932189.

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 July 17, 2020, 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 July 17, 2020 until July 24, 2020. Please dial 855-859-2056 (or +1-404-537-3406 for international access) and enter the conference ID code 4932189 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 $184.1 billion in assets as of June 30, 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-second-quarter-2020-financial-results-301095410.html

SOURCE Ally Financial

FAQ

What are Ally Financial's second quarter 2020 financial results?

Ally Financial reported assets of $184.1 billion for Q2 2020.

When will Ally Financial host the conference call for Q2 financial results?

The conference call is scheduled for 9:00 a.m. ET on July 17, 2020.

What is Ally Financial's stock symbol?

Ally Financial's stock symbol is ALLY.

Where can I find more information about Ally Financial?

Visit Ally's Investor Relations website for more details on their financial performance.