Ally Financial Inc. (NYSE: ALLY) is a digital financial services company specializing in automobile loans. They were ...

So it shouldn't be surprising to find out that auto loans are a massive part of Ally Financial's business even to this day, ...

The purpose of the divestiture is to enable Ally to be more focused on its core business. The company will also cease new mortgage loan applications on Jan 31, 2025. However, it will continue to ...

This is actually pretty important because it speaks to Ally Financial's business model of making auto loans. And, after efforts to diversify the all-digital bank, it is getting out of businesses where ...

Key Takeaways Ally Financial posted fourth-quarter earnings and revenue that topped estimates as it reduced expenses.CEO Michael Rhodes said Ally "took significant action" in the quarter to improve ...

At its core, Ally Financial is a bank. But it isn't your typical bank, which is highlighted by the fact that it was once the auto finance arm of General Motors. Today, Ally Financial's product ...

Ally Financial is largely an auto lender, created when the business was spun off from General Motors. The company carries an investment grade rated balance sheet and has a 3.3% dividend yield.

Ally Financial's heavy reliance on auto lending exposes it to potential risks associated with economic downturns and shifts in consumer behavior. The company has already increased its forecast for ...

Raymond Farabaugh, president of D-Patrick Inc. in Evansville, Ind. was announced as the 2025 TIME Dealer of the Year.

Ally Financial (NYSE: ALLY) is a bank. But it isn't your typical bank by any stretch of the imagination, given that it is highly focused on the auto lending space. That focus is increasingly in ...

Moreover, its loan losses came in well below analysts' average outlook. Ally provides loans that finance auto purchases. A Look at Ally's Q4 Results Ally Financial (NYSE:ALLY) generated Q4 EPS, ...