Ally Financial (NYSE: ALLY) is a bank. But it isn't your typical bank by any stretch of the imagination, given that it is ...
UPDATE: This article includes details from the company's chief financial officer during an interview with American Banker and comments from analysts. Ally Financial, after struggling with loans it ...
This move aligns with Ally's mission to focus on its core services, including approximately 10 million customers in banking, ...
Sale enables Ally to be more focused on its core businesses; acquisition enhances CardWorks' position as a leading credit card issuer and servicer "Ally's decision to sell its credit card business is ...
CardWorks subsidiary Merrick Bank has officially relaunched the Ollo credit card, a portfolio of five credit cards the lender acquired from Ally Financial at the beginning of the year. The $2.2 ...
Ally Financial is exiting the credit card business to focus on core operations like car loans, aiming to recover from recent struggles. With a low price/book ratio, Ally's Forward P/E of 10.46 ...
Ally Financial’s ALLY fourth-quarter 2024 adjusted earnings of 78 cents per share handily surpassed the Zacks Consensus Estimate of 59 cents. Also, the bottom line reflected a jump of 95% from the ...