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India

Ally Financial Inc (ALLY.N)

ALLY.N on New York Stock Exchange

26.39USD
21 Nov 2017
Change (% chg)

$-0.26 (-0.98%)
Prev Close
$26.65
Open
$26.79
Day's High
$26.79
Day's Low
$26.18
Volume
741,423
Avg. Vol
831,142
52-wk High
$26.93
52-wk Low
$18.12

Latest Key Developments (Source: Significant Developments)

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

Ally Financial Declares Dividend on Preferred Stock
Friday, 15 Jan 2016 

Ally Financial Inc:declared a quarterly dividend payment on its Fixed Rate/Floating Rate Perpetual Preferred Stock, Series A of approximately $14.8 million, or $0.53 per share, which is payable to shareholders of record as of Feb. 1, 2016.This dividend was declared by the Board of Directors on Jan. 11, 2016, and is payable on Feb. 16, 2016.  Full Article