Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024, or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-3754 Ally Financial Inc. (Exact name of registrant as specified in its charter) Delaware 38-0572512 (State or other j ...

Ally Financial Inc. (ALLY) , a leading auto lender and provider of other consumer loans, announced thirdquarter 2024 results on Oct. 18, before the opening bell. The company's top and bottom lines outpaced the Zacks Consensus Estimate and grew year over year. Yet, since the announcement of the quarterly numbers, Ally Financial's shares have been down 2%. On the conference call, the company noted that the current "dynamic operating environment" including high interest rates, volatility and "cumulative inflat ...

While shares of Ally Financial (NYSE: ALLY ) have been a strong performer over the past year, up 48%, their recent performance has been poor as investor concern about rising credit costs intensifies. Q3 earnings results have done little Over fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know! ...

CHARLOTTE, N.C., Oct. 23, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer, Russ Hutchinson, will present at the BancAnalysts Association of Boston Conference on Thursday, November 7, 2024 at approximately 11:15 a.m. ET.A live webcast will be available on the day of the conference at http://www.ally.com/about/investor/ under the Events and Presentations section of the Investor Relations website. A replay will also be available.About Ally FinancialAlly Financial Inc. (NYSE: ALLY) ...

This innovative online bank just reported earnings, and the results show why I like the stock so much.Ally Bank (ALLY -0.97%) is a leading auto lender that also operates an excellent online bank for consumers. In this video, longtime Fool.com contributor Matt Frankel, CFP®, gives a rundown of Ally's latest numbers and explains why he's been buying the stock in his own portfolio.*Stock prices used were the morning prices of Oct. 18, 2024. The video was published on Oct. 20, 2024. ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:3D Systems (DDD) is a leading provider of 3D content-to-print solutions including 3D printers, print materials, on-demand custom parts services and 3D authoring solutions for professionals and consumers, worldwide. The Zacks Consensus Estimate for its current year earnings has been revised 291.7% downward over the last 60 days.1-800-FLOWERS.COM (FLWS) is a leading e-commerce provider of floral products and gifts, in terms of number of ...

Ally Financial’s (ALLY) third-quarter 2024 adjusted earnings of 95 cents per share surpassed the Zacks Consensus Estimate of 81 cents. Also, the bottom line reflected a rise of 14.5% from the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the reported quarter, the company witnessed an increase in revenues and lower expenses. Also, capital ratios increased, which was a positive. However, a decline in net finance receivables and loans and deposits were the undermi ...

Ally Financial CEO Michael Rhodes says the company’s next few quarters will be “choppy.”In a third-quarter earnings presentation Friday (Oct. 18), the auto lender said it had imposed stricter standards for borrowers by instituting tighter verification requirements for proving income and employment.“Our origination trends reflect a deliberate strategy to be increasingly selective in our underwriting with a focus on prioritizing risk-adjusted returns over origination volume,” Rhodes told analysts during an ea ...

Ally Financial Inc. (NYSE:ALLY) Q3 2024 Earnings Conference Call October 18, 2024 9:00 AM ET Company Participants Sean Leary - Head of IR Michael Rhodes - CEO Russ Hutchinson - CFO Conference Call Participants Ryan Nash - Goldman Sachs John Pancari - Evercore ISI Sanjay Sakhrani - KBW Mark DeVries - Deutsche Bank Robert Wildhack - Autonomous Research Jeff Adelson - Morgan Stanley Operator Good day, and thank you for standing by. Welcome to the Ally Financial Third Quarter 2024 Earnings Conference Call. At t ...

Ally Financial (ALLY) reported $2.1 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 6.9%. EPS of $0.95 for the same period compares to $0.83 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.06 billion, representing a surprise of +2.01%. The company delivered an EPS surprise of +66.67%, with the consensus EPS estimate being $0.57.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...