Key Takeaways Ally Financial posted fourth-quarter earnings and revenue that topped estimates as it reduced expenses.CEO ...
The auto lender is selling its credit card business and halting new mortgage loans, abandoning its once-broader ambitions.
(Reuters) -Consumer lender Ally Financial has agreed to sell its credit card business to credit and payments firm CardWorks, ...
Ally Financial is largely an auto lender, created when the business was spun off from General Motors. The company carries an ...
CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders ...
Ally Financial (ALLY) stock jumped 8.6%in Wednesday premarket trading after the lender posted stronger-than-expected Q4 ...
Ally Financial (NYSE: ALLY) has underperformed the market over the past year, with fears of rising defaults and demand concerns weighing on the bank's stock. Not only is Ally refocusing its efforts on ...
Thank you, Daniel. Good morning, and welcome to Ally Financial's fourth quarter and full year 2024 earnings call. This ...
In a report released today, Brian Foran from Truist Financial maintained a Buy rating on Ally Financial (ALLY – Research Report). The company’s ...
Plans for the sale were hinted at earlier this year, a month after the CEO said the business wasn’t within Ally’s core focus.
Ally Financial (NYSE:ALLY – Get Free Report) had its price target raised by stock analysts at Wells Fargo & Company from ...