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.
Ally Financial Inc. (NYSE: ALLY) will be represented by Chief Financial Officer Jenn LaClair at the Barclays 20th Annual Global Financial Services Conference on September 14, 2022, at 9 a.m. ET. Investors can listen to a live audio webcast on the company's investor relations website, with a replay available afterward. Ally Financial is a digital financial services company focused on providing quality financial solutions including auto finance, banking, and investment services.
Ally Financial Inc. (NYSE: ALLY) reported its second quarter 2022 financial results on July 19, 2022. The detailed results can be found on their Investor Relations website. A conference call to discuss performance is set for 9 a.m. ET, with both webcast and dial-in options available. Ally Financial is noted for its digital services including auto finance, insurance, and banking through Ally Bank. For continuous updates, visit their official website.
Ally Financial Inc. (NYSE: ALLY) has declared a quarterly cash dividend of $0.30 per share on common stock, payable on August 15, 2022, to shareholders of record on August 1, 2022. Additionally, dividends were announced for Series B and Series C preferred stock, amounting to $15.9 million and $11.8 million respectively, both payable on August 15, 2022, with record dates of July 31, 2022. This decision underscores Ally’s commitment to returning value to shareholders.
VIKASA Capital Inc. has appointed Nathan Tribble as CEO of VIKASA Capital Partners, enhancing its leadership team. Tribble brings 15 years of fintech experience, having previously served as President at Stockpile and held significant roles at Ally Financial and Morgan Stanley. His appointment comes at a time of market uncertainty, where he aims to support fintech firms and expand VIKASA's sustainable practices. Founder Roshan Pujari expressed confidence in Tribble's blend of operational and investment expertise.
On June 29, 2022, Ally Financial, Milestone Media, DC, and Warner Bros. Discovery announced a new paint scheme for the Ally-sponsored No. 48 Chevrolet Camaro ZL1 1LE, set to debut at the Quaker State 400 on July 10 at Atlanta Motor Speedway. The design features Milestone's Super Hero Static to promote The Milestone Initiative, aimed at mentoring diverse comic book storytellers. Driver Alex Bowman will showcase the unique paint scheme, fire suit, and helmet. The initiative emphasizes representation and diversity within the NASCAR community.
Ally Financial (NYSE: ALLY) will release its second quarter 2022 financial results on July 19, 2022, at 7:30 a.m. ET. Following this, a conference call is set for 9 a.m. ET to discuss the performance. Interested parties can access the call via webcast or by pre-registering for a dial-in option. The financial presentation and supplement will also be available on Ally's Investor Relations website at the time of the earnings release. Ally offers a range of financial services including auto finance, banking, and investment advisory.
Ally Financial Inc. (NYSE: ALLY) will have its President of Consumer and Commercial Banking, Di Morais, present at the Morgan Stanley US Financials, Payments & CRE Conference on June 13, 2022, at 9:30 a.m. ET. A live video webcast of the presentation will be accessible on the company's Investor Relations website, with a replay available afterward. Ally Financial is a digital financial services company known for its independent auto finance, banking, and investment services, aiming to enhance customer financial well-being.
Ally (NYSE: ALLY) has been named the presenting sponsor of the 2022 Women's International Champions Cup (WICC), marking its third consecutive year in this role. This partnership demonstrates Ally's long-term commitment to promoting equality in women's sports. The WICC, featuring top clubs from Europe and the U.S., will take place in Portland, Oregon. Ally has supported the tournament since 2018 and extends its sponsorship to enhance financial literacy through initiatives like 'Own The Save.' This expansion signals Ally's belief in the growth potential of women's sports.
Ally Invest has launched a new Wealth Management advisory service aimed at providing personalized financial advice with a minimum investment of $100,000. This initiative targets the 15.5 million U.S. households that typically cannot access traditional wealth management services due to higher minimum asset requirements. The service features dedicated fiduciary advisors trained in behavioral finance, offering holistic financial guidance. Currently available to existing Ally customers, it will soon be open to the public.
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