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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.

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Ally Financial declares quarterly cash dividend and dividend payments for preferred stock securities
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Ally Financial launches Ally.ai, a cloud-based AI platform focused on problem-solving and scalability in financial services. The platform integrates generative AI and large language models into business operations. Ally emphasizes security, governance, and risk mitigation, with a dedicated cloud infrastructure and an AI playbook. The platform's call summarization pilot program has been successful, with 82% of summaries not requiring human modification. Ally plans to explore more generative AI use cases.
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Ally Financial Inc. schedules release of Q3 financial results on October 18, 2023 at 7:30 a.m. ET.
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North Carolina A&T State University wins the fifth annual Moguls in the Making pitch competition, receiving $20,000 scholarships for each student. Ally Financial and TMCF awarded over $200k in scholarships and prizes to 60 students from HBCUs. Ally has employed 42 former Moguls as interns and hired 12 as full-time employees.
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Ally Financial Inc. (NYSE: ALLY) reported its Q2 2023 financial results, showcasing strong performance. The press release, presentation, and financial supplement are available on the Ally Financial Press Room and Investor Relations website.
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Ally Financial Inc. (ALLY) Declares Quarterly Dividend Payments for Common and Preferred Stock
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Ally Financial is ahead of schedule in reaching equal spending on advertising between men's and women's sports, expecting a near 60/40 split by the end of 2023. The company introduced Team Ally, a group of influential athletes and creators, to help promote women's sports. Ally has increased its paid media investment in women's sports by 300% since May 2022, resulting in historic moments like moving the NWSL Championship game to prime time and creating a first-of-its-kind sponsorship package with ESPN.
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FAQ

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

The current stock price of Ally Financial (ALLY) is $36.22 as of November 15, 2024.

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

The market cap of Ally Financial (ALLY) is approximately 11.0B.

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

11.02B
304.72M
10.51%
82.11%
2.71%
Credit Services
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