STOCK TITAN

Ally Financial Inc. - ALLY STOCK NEWS

Welcome to our dedicated page for Ally Financial news (Ticker: ALLY), a resource for investors and traders seeking the latest updates and insights on Ally Financial stock.

Ally Financial Inc. (NYSE: ALLY) is a prominent digital financial services company and one of the top 25 U.S. financial holding companies. Established in 1919 and rebranded in 2009, Ally has since focused on delivering innovative financial solutions with a strong customer-centric approach. Ally's offerings span across consumer and business financial products, including award-winning online banking services through Ally Bank (Member FDIC), comprehensive auto financing, insurance, wealth management, and corporate finance.

The company is a leader in auto finance, holding one of the largest full-service auto finance operations in the U.S., alongside a robust auto-focused insurance business. Ally also offers a growing wealth management and brokerage platform, providing a wide range of investment services. The corporate finance division supports equity sponsors and middle-market companies with essential capital solutions.

Recent strategic moves include the acquisition of Ally Lending by Synchrony, enhancing its home improvement and health financing capabilities, alongside new national media and sponsorship agreements with the WNBA and Las Vegas Aces, reflecting Ally's commitment to media equity and women's sports.

Financially, Ally maintains a diverse loan portfolio with significant consumer and dealer auto loans, commercial loans, and mortgage debt holdings, positioning itself as a resilient and adaptable financial institution. With more than 11 million customers, Ally continues to prioritize technological advancements and customer satisfaction, striving to 'Do It Right' for its clients and communities alike.

Rhea-AI Summary
Ascendion receives Ally Financial Innovation Award at 2024 Supplier Symposium for excellence in delivering innovative technology solutions and fostering a strong partnership through software engineering work.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.72%
Tags
none
-
Rhea-AI Summary
Ally Financial Inc. (NYSE: ALLY) has declared a quarterly cash dividend of $0.30 per share on common stock, with additional dividend payments for Series B and Series C preferred stock. The dividend payments for Series B and Series C preferred stock are approximately $15.9 million and $11.8 million, respectively, payable on May 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.72%
Tags
dividends
-
Rhea-AI Summary
Ally Financial Inc. appoints Michael G. Rhodes as the new CEO, bringing over 25 years of experience in consumer banking. Rhodes aims to lead Ally into the next phase of growth with a focus on digital transformation and customer-centric strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.96%
Tags
none
Rhea-AI Summary
Ally Financial Inc. introduces Ally Home Grant, a $5,000 grant for eligible homebuyers in three major metro areas, facilitated by HouseCanary to enhance accessibility to assistance and homeownership. Ally partners with HouseCanary to integrate the grant into the Ally ComeHome search portal, aiding consumers in identifying grant-eligible properties easily.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
Tags
none
-
Rhea-AI Summary
Ally Financial Inc. and the Charlotte Sports Foundation announced the lineup for the 2024 Ally Tipoff event, featuring top women's college basketball teams. The event will take place at the Spectrum Center in Charlotte and includes a multi-year partnership extension. Last year's game broke attendance records and was a viewer success on ESPN2.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
Tags
partnership
-
Rhea-AI Summary
Ally Financial Inc. to Release First Quarter Financial Results on April 18, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.66%
Tags
Rhea-AI Summary
Ally Financial Inc. sponsors Wrexham AFC Women's first US trip for the 2024 Wrex Coast Tour, enhancing the club's global visibility. The sponsorship also includes the Wrexham AFC Men's Summer Wrex Coast Tour.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
Tags
none
-
Rhea-AI Summary
Ally Financial Inc. partners with the Las Vegas Aces in a multi-million-dollar deal, becoming the first official retail banking partner of the reigning back-to-back WNBA Champions. The agreement includes a national media deal to promote WNBA games, advancing Ally's goal of equal spending in men's and women's sports by 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
Tags
none
-
Rhea-AI Summary
Synchrony (SYF) strengthens relationships in home improvement and health and wellness financing through the acquisition of Ally Lending, expanding its presence in high-growth specialty areas such as roofing, HVAC, and windows, as well as in cosmetic, audiology, and dentistry. The acquisition is expected to be accretive to full-year 2024 earnings per share for Synchrony.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
Tags
Rhea-AI Summary
Ally Financial Inc. CFO Russ Hutchinson to present at RBC Capital Markets Financial Institutions Conference on March 6, 2024. Live webcast will be accessible on the conference day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.98%
Tags
conferences

FAQ

What is the current stock price of Ally Financial (ALLY)?

The current stock price of Ally Financial (ALLY) is $34.86 as of December 20, 2024.

What is the market cap of Ally Financial (ALLY)?

The market cap of Ally Financial (ALLY) is approximately 10.6B.

What does Ally Financial Inc. do?

Ally Financial Inc. offers a range of financial services, including online banking through Ally Bank, auto financing, insurance, wealth management, and corporate finance solutions.

When was Ally Financial founded?

Ally Financial was originally established in 1919 and rebranded in 2009 to focus on innovative financial solutions and a strong customer-centric approach.

What is Ally Financial's relationship with the auto industry?

Ally Financial is a leader in auto finance, offering one of the largest full-service auto finance operations in the U.S. and a robust auto-focused insurance business.

Has Ally Financial made any recent acquisitions?

Yes, Synchrony recently acquired Ally Lending, enhancing its capabilities in home improvement and health financing.

What are some of Ally Financial's recent achievements?

Ally Financial has entered new national media agreements, expanded its sponsorship in women's sports, and maintained a diversified loan portfolio.

How does Ally Financial support its customers?

Ally Financial focuses on innovative, digital solutions to meet diverse financial needs, providing a seamless experience through its award-winning online bank and comprehensive financial products.

What commitment does Ally Financial have towards diversity?

Ally Financial extends equal employment opportunities regardless of age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity, pregnancy status, and marital status.

How does Ally Financial approach corporate responsibility?

Ally Financial is committed to 'Doing It Right' by prioritizing customer satisfaction, technological advancements, and supporting community growth through inclusive financial solutions.

When did Ally Financial become an independent publicly traded firm?

Ally Financial became an independent publicly traded firm in 2014.

What is the significance of Ally Financial's recent partnerships?

Ally's recent partnerships, such as with the WNBA and Las Vegas Aces, highlight its dedication to media equity and support for women's sports, enhancing its brand presence and community engagement.

Ally Financial Inc.

NYSE:ALLY

ALLY Rankings

ALLY Stock Data

10.62B
272.30M
10.54%
83.14%
2.98%
Credit Services
State Commercial Banks
Link
United States of America
DETROIT