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Ally Financial Inc (ALLY.N)

ALLY.N on New York Stock Exchange

30.45USD
19 Jan 2018
Change (% chg)

$0.08 (+0.26%)
Prev Close
$30.37
Open
$30.29
Day's High
$30.50
Day's Low
$30.04
Volume
755,294
Avg. Vol
804,546
52-wk High
$30.95
52-wk Low
$18.12

Latest Key Developments (Source: Significant Developments)

Ally Financial Names Jenn Laclair CFO Designate With Intent To Succeed Chris Halmy
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Ally Financial Inc ::ALLY FINANCIAL NAMES JENN LACLAIR CHIEF FINANCIAL OFFICER DESIGNATE WITH INTENT TO SUCCEED CHRIS HALMY.ALLY FINANCIAL INC - HALMY WILL RETIRE AS CHIEF FINANCIAL OFFICER EFFECTIVE MARCH 1, 2018​.  Full Article

Appaloosa Lp dissolves share stake in Nucor, Delta Air Lines
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Appaloosa Lp: :Appaloosa Lp ups share stake in Ally Financial Inc to 6.8 million shares from 1.1 million shares - SEC filing‍​.Appaloosa Lp dissolves share stake in Southwestern Energy Co.Appaloosa Lp dissolves share stake in Nucor Corp.Appaloosa Lp dissolves share stake in Delta Air Lines.Appaloosa Lp - Change in holdings are as of Sept 30, 2017 and compared with previous quarter ended as of June 30, 2017​.  Full Article

Ally Financial reports qtrly EPS of $0.63, qtrly adj EPS $0.65​
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Ally Financial Inc :Ally Financial reports third quarter 2017 financial results.Ally Financial Inc - qtrly EPS $0.63, qtrly adjusted EPS $0.65 ‍​.Q3 earnings per share view $0.59 -- Thomson Reuters I/B/E/S.Ally Financial Inc - return on equity as of Q3 end 8.3 percent versus 7.5 percent at Q2 end‍​.Ally Financial Inc - qtrly net interest margin (NIM) of 2.74 percent, up 5 bps.Ally Financial Inc - core ROTCE as of Q3 end 10.3 percent versus 9.6 percent at Q2 end‍​.Ally Financial Inc - qtrly net financing revenue of $1.08 billion versus $996 million.Ally Financial Inc - auto originations for the quarter totaled $8.1 billion, down from $9.3 billion a year ago.  Full Article

Ally Financial qtrly adjusted EPS $0.54
Tuesday, 31 Jan 2017 

Ally Financial Inc : Ally financial reports full year and fourth quarter 2016 financial results . Qtrly eps $0.52 . Qtrly adjusted eps $0.54 . Q4 earnings per share view $0.47 -- Thomson Reuters I/B/E/S . Ally financial - preliminary phully phased-in basel iii common equity tier 1 capital ratio 9.1 percent, slight decline compared to last quarter . Qtrly return on equity 7.4 percent . Qtrly provision for loan losses $267 million versus $240 million . Qtrly core rotce of 9.4 percent versus 9.8 percent last year .Ally financial inc - at q4 end, adjusted tangible book value per share $26.15.  Full Article

Ally Financial adjusted EPS $0.54
Tuesday, 26 Jul 2016 

Ally Financial Inc : Q2 eps $0.71; adjusted eps $0.54 . Q2 net financing revenue $984 million, incl. $14 million in original issue discount (OID) expense, up 7 pct yoy . Q2 included weather losses that were higher than historical levels due to severe hailstorms, up $29 million year-over-year . Q2 also included a tax benefit of $98 million from a U.S. Tax reserve release related to a prior year federal tax return. . Qtrly preliminary fully phased-in basel iii common equity tier 1 (CET1) capital ratioc of 9.3% . Total equity of $13.6 billion at quarter-end, compared to $13.8 billion at the end of the prior quarter . Ally financial reports second quarter 2016 financial results . Q2 earnings per share view $0.51 -- Thomson Reuters I/B/E/S . Repurchasing up to $700 million in common stock in Q2; initiating first $0.08 quarterly common dividend in third quarter . Ally financial inc qtrly total net revenue $1.36 billion versus $1.13 billion .Q2 revenue view $1.33 billion -- Thomson Reuters I/B/E/S.  Full Article

Ally Financial announces $700 mln sharebuyback program
Tuesday, 19 Jul 2016 

Ally Financial Inc : Board authorized a common stock repurchase program of up to $700 million beginning in Q3 of 2016 . Declares dividend on common stock . Declared a quarterly cash dividend of $0.08 per share of company's common stock .Stock repurchase program of up to $700 million to continue through Q2 of 2017..  Full Article

Ally announces non-objection to 2016 capital plan
Thursday, 30 Jun 2016 

Ally Financial Inc : Ally announces non-objection to 2016 capital plan . Authorization to repurchase up to $700 million of company's common stock from time to time through Q2 of 2017 . Ally Financial Inc says authorization to repurchase up to $700 million of company's common stock from time to time through Q2 of 2017 .Ally's capital plan quarterly cash dividend of $0.08 per share of company's common stock.  Full Article

Ally Financial Inc says acquisition of TradeKing Group
Tuesday, 5 Apr 2016 

Ally Financial Inc:Announces acquisition of tradeking group.Says transaction is expected to have a marginal impact on ally's 2016 and 2017 results due to transaction costs.Ally plans to move forward with the redemption of approximately $700 million of its series a preferred stock outstanding.Transaction is expected to be accretive in 2018.Ally financial -co will indefinitely defer redemption of about $500 million of its trust preferred securities in support of this transaction.Tradeking's workforce of approximately 180 team members will join Ally.  Full Article

BRIEF-Ally Financial Names Jenn Laclair CFO Designate With Intent To Succeed Chris Halmy

* ALLY FINANCIAL NAMES JENN LACLAIR CHIEF FINANCIAL OFFICER DESIGNATE WITH INTENT TO SUCCEED CHRIS HALMY