Shares of Ally Financial Inc (ALLY) soared over 9% in Wednesday’s pre-market session after the company’s fourth-quarter earnings topped Wall Street estimates and net income more than doubled. Adjusted revenue stood at $2.

Wall Street analysts expect Ally Financial (ALLY) to post quarterly earnings of $0.59 per share in its upcoming report, which indicates a year-over-year increase of 31.1%. Revenues are expected to be $2.

DETROIT (AP) — DETROIT (AP) — Ally Financial Inc. (ALLY) on Wednesday reported fourth-quarter earnings of $108 million. On a per-share basis, the Detroit-based company said it had net income of 26 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were 78 cents per share.

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 weren’t disclosed in a Wednesday statement, but Ally paid around $750 million for the business in 2021. Bloomberg reported on the pending sale in November.

Ally Financial (NYSE: ALLY) became a standalone company in 2014 when it was spun off from General Motors (NYSE: GM). This is actually pretty important because it speaks to Ally Financial's business model of making auto loans.

In a report released yesterday, John Pancari from Evercore ISI maintained a Hold rating on Ally Financial (ALLY – Research Report), with a

JPMorgan analyst Richard Shane raised the firm’s price target on Ally Financial (ALLY) to $43 from $40 and keeps an Overweight rating on the

KBW analyst Sanjay Sakhrani maintained a Buy rating on Ally Financial (ALLY – Research Report) today and set a price target of $56.00. The

Ally Financial (ALLY) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus ...

Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, bought 10 stocks in 2024. While he has been a net seller of stocks for eight consecutive quarters, he is still strategically adding to Berkshire’s portfolio.

Ally Financial Inc.'s Q4 results alleviated some credit loss concerns, but has elevated delinquencies and an uncertain 2025 outlook. Learn more about ALLY stock here.

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 its core businesses,