We believe the recent moderation in ALLY's stock price was unwarranted, given that it specializes in automotive loans & insurance. Its uninsured ratio was also minimal, suggesting a reduced risk of a ...

New Ally Financial Inc. leader Michael Rhodes plans to prioritize Ally strengths such as its auto business rather than "emerging opportunities" available to the bank, he said July 17 while leading his ...

While some Ally Financial borrowers are having a harder time making their car payments, the company is sticking to its earlier projection that its retail net charge-offs will be about 1.8% for all of ...

CEO Michael G. Rhodes stated he is "encouraged and energized by the progress we've made as an organization over the first half of the year," highlighting "double-digit year-over-year growth" in ...

2023 has been challenging for the banking sector as the economy moves past COVID-related issues and financial stimulus unwinds. Ally Financial has high exposure to the auto market, making it ...

Auto loan charge-offs rose sharply at Ally Financial in the fourth quarter, but executives say that they're well prepared for economic turmoil and further declines in used-car values. More consumers ...

SALT LAKE CITY, Aug. 18, 2025 /PRNewswire/ -- Ally Bank, the nation's largest all-digital bank with an industry-leading auto financing business, announced today that it has received an "Outstanding" ...

Ally Financial has its next chief executive officer who said he admires the company’s “leading position in automotive finance.” Late on Wednesday, Ally announced Michael Rhodes will be its new CEO, ...

Ally Financial said its revenue rose 2.7 percent to a record $8.43 billion in 2022, and the lender also produced a record net interest margin for the year. However, the Detroit bank on Friday said its ...

NEW YORK (Reuters) - Ally Financial Inc's new chief executive said on Thursday that the auto lender plans to boost its revenue through steps including making more loans to riskier borrowers and ...

Ally Financial ALLY shares ended the last trading session 5.1% higher at $44.49. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This ...