Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023, 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 jurisdicti ...

As the markets continue their upswing, there are plenty of stocks out there hitting new all-time highs. Given the general negative market sentiment just a year ago, this may have seemed unlikely, but the broad-based indexes continue to perform. The S&P 500 is now trading above 5,000 and is already up 5.4% just in 2024.While the broader market is doing well, not all stocks have rallied to the same degree. Take Ally Financial (ALLY -2.25%), for instance. The online bank has seen some investor hesitancy over t ...

If you've been steering clear of financial stocks lately, that's certainly an understandable decision. Just as last year's rising interest rates made lending a more profitable business, the interest rate cuts expected later this year could re-crimp lending's profitability. Loan delinquencies are on the rise as well. Both work against companies in the money business, as does the occasional lingering hint of economic lethargy. The relatively poor performance of most financial stocks since early last year sugg ...

CHARLOTTE, N.C., Feb. 14, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer Russ Hutchinson will present at the RBC Capital Markets Financial Institutions Conference on Wednesday, Mar. 6, 2024 at approximately 10:00 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 Financial Ally Financial Inc. (NYSE: ...

5 Warren Buffett Approved Dividend Stocks Chip Somodevilla / Getty Images If any investor has stood the test of time, it’s Warren Buffett, and with good reason. For years, the “Oracle of Omaha” has had a rock star-like presence in the investing world, and his annual Berkshire Hathaway shareholders meeting draws thousands of loyal fans who are investors.Known for his long buy-and-hold strategies and his massive portfolio of public and private holdings, he remains one of the preeminent investors in the enti ...

Rita Case, president, CEO, and dealer principal at Rick Case Honda in Davie, Florida, wins 55th annual award that recognizes business acumen and community givingLAS VEGAS, Feb. 3, 2024 /PRNewswire/ -- Rita Case, president, CEO, and dealer principal at Rick Case Honda in Davie, Florida, today was announced as the 2024 TIME Dealer of the Year at the 107th National Automobile Dealers Association (NADA) Show. Now in its 55th year, the TIME Dealer of the Year award is one of the auto industry's most respected an ...

Ally becomes presenting partner of the U.S. Women's Open; founding partner of the U.S. National Development Program New partnership moves Ally closer to equal spending goal across men's and women's sports paid media Ally Signs World No. 1 Golfer Lilia Vu 2024 U.S. Women's Open purse set for record $12M CHARLOTTE, N.C. and LIBERTY CORNER, N.J., Feb. 1, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY), a financial services company with the nation's largest all-digital bank and a leading brand in women's ...

feedough/iStock via Getty Images Foreword Dan Burrows says in Kiplinger Investing: The Berkshire Hathaway portfolio is a diverse set of blue chips and, increasingly, lesser-known growth bets. Here's a look at every stock picked by Warren Buffett and his lieutenants. Any collection of stocks is more clearly understood when subjected to yield-based (dogcatcher) analysis, this Buffett/Berkshire batch is perfect for the dogcatcher process. Here are the January 25 data for 27 dividend paying stocks in the Kiplin ...

It was nearly a year ago that the banking industry was rattled by the failures of a few sizable financial institutions. Investors quickly soured on the entire sector, but they appear to be warming up to it once again.Just look at leading online bank Ally Financial (ALLY 1.95%). Its shares rose by 43% in 2023. And the fact that Warren Buffett-led Berkshire Hathaway owns a 9.6% stake in the lender might be enticing for investors looking to put money to work in this sector.Let's dive deeper into this digital b ...

Shares of Ally Financial (ALLY) gained 10.7% following the release of its fourth-quarter and 2023 results. Quarterly adjusted earnings of 45 cents per share surpassed the Zacks Consensus Estimate by a penny. However, the bottom line reflects a decline of 58.3% from the year-ago quarter.Results were primarily aided by an improvement in other revenues. However, a decline in net financing revenues, along with higher expenses and provisions, were the undermining factors.After considering non-recurring items, ne ...