Ally Financial Reports Third Quarter 2020 Financial Results

Rhea-AI Summary

Ally Financial Inc. (NYSE: ALLY) announced its third-quarter 2020 financial results, reporting $185.3 billion in assets as of September 30, 2020. The company will host a conference call at 9:00 a.m. ET on October 16, 2020, to review the performance and answer questions. The presentation and financial supplement will be made available at 7:30 a.m. ET the same day. Ally offers a wide array of financial services, including automotive financing, mortgage lending, and banking products through its award-winning online bank, Ally Bank.

Positive

• Assets increased to $185.3 billion as of September 30, 2020.
• Strong customer-centric approach with a wide range of financial services.
• Ally Bank recognized for excellence in online banking.

Negative

• None.

CHARLOTTE, N.C., Oct. 16, 2020 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its third 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 6374833.

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 October 16, 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 October 16, 2020 until October 23, 2020. Please dial 855-859-2056 (or +1-404-537-3406 for international access) and enter the conference ID code 6374833 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 $185.3 billion in assets as of September 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-third-quarter-2020-financial-results-301153950.html

SOURCE Ally Financial

FAQ

What were Ally Financial's assets as of September 30, 2020?

Ally Financial reported assets of $185.3 billion as of September 30, 2020.

When will Ally Financial hold its third-quarter 2020 conference call?

Ally Financial will hold its third-quarter 2020 conference call at 9:00 a.m. ET on October 16, 2020.

Where can I find the financial results of Ally Financial for Q3 2020?

The financial results for Q3 2020 can be accessed on Ally Financial's Investor Relations website and during the conference call.

What services does Ally Financial provide?

Ally Financial offers a wide range of services including automotive financing, mortgage lending, and various banking products through Ally Bank.