Ally Financial Stock Surges as Company Beats Profit Estimates, Sells Credit Card Business
Key Takeaways Ally Financial posted fourth-quarter earnings and revenue that topped estimates as it reduced expenses.CEO ...
Crain's Detroit2d
Ally Financial offloads credit card business, $2.3B loan portfolio
CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders ...
Is Ally Financial a Millionaire Maker?
Ally Financial is largely an auto lender, created when the business was spun off from General Motors. The company carries an ...
American Banker2d
Ally drops credit card business, posts quarterly profit
Auto lender Ally Financial said Wednesday that it's officially ending its foray into credit cards under a broader ...
Ally Financial (ALLY) Gets a Buy from Truist Financial
In a report released today, Brian Foran from Truist Financial maintained a Buy rating on Ally Financial (ALLY – Research Report). The company’s ...
2025 Could Be an Inflection Point for This Fintech Stock
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 ...
Ally Offloads Credit-Card Business, $2.3 Billion Loan Portfolio
Ally Financial Inc. reached a deal to offload its credit-card unit to CardWorks Inc., bowing out of a business it entered ...
Ally Financial (ALLY) Receives a Rating Update from a Top Analyst
KBW analyst Sanjay Sakhrani maintained a Buy rating on Ally Financial (ALLY – Research Report) today and set a price target of $56.00. The ...