ALLY Stock Recent News

Although the revenue and EPS for Ally Financial (ALLY) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Ally Financial (ALLY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Besides Wall Street's top -and-bottom-line estimates for Ally Financial (ALLY), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Ally Financial named its president of dealer financial services, Douglas Timmerman, as its interim CEO. Timmerman will assume the role Feb. 1, following the departure of current CEO Jeffrey J.

Ally Financial (ALLY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ally stock is gaining customers that should provide it with years of further growth. Bank of America is Warren Buffett's favorite bank stock.

The Fed suggested that interest rates could be cut in 2024. This should improve demand for consumer lending products.

Ally Financial has performed well in the higher interest-rate environment, which took down some regional banks last March. Ally grew its deposit base at a time when many other banks were seeing deposit outflows.

The online bank's single-biggest source of earnings is bumping into a firm headwind. The strong dividend, however, remains reasonably well-protected.

Several consumer lending stocks have been bright spots in the financial sector with Ally Financial (ALLY) and Synchrony Financial (SYF) standing out in particular.