CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders as of the end of last year, Ally said. Additional terms of the deal ...

Raymond James analyst David Long reiterated a Hold rating on Ally Financial (ALLY – Research Report) today. The company’s shares closed ...

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, making up roughly 60% of the bank's loan book at the end of 2024. That is a ...

Citi analysts, led by Keith Horowitz, maintained a Buy rating on Ally Financial (NYSE:ALLY) with a steady price target of $55.00. Currently trading at $40.30, the stock has analyst targets ranging ...

DETROIT (AP) — DETROIT (AP) — Ally Financial Inc. (ALLY) on Wednesday reported fourth-quarter net income of $108 million. The Detroit-based company said it had profit of 26 cents per share.

Ally Financial shares surged Wednesday after the financial firm topped earnings and revenue estimates as it cut costs, and announced it was selling its credit card business.

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 (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 ...

DETROIT (AP) — DETROIT (AP) — Ally Financial Inc. (ALLY) on Wednesday reported fourth-quarter net income of $108 million. The Detroit-based company said it had profit of 26 cents per share. Earnings, ...

Ally Financial reported solid fourth-quarter 2024 financial results. The company announced that it has reached an agreement to sell its credit card operations. The credit card sale is in keeping ...