Ally Finl Inc Stock Price, News & Analysis

Ally Financial (NYSE: ALLY) has announced that CEO Michael Rhodes will present at the Goldman Sachs US Financial Services Conference on December 11, 2024, at 10:00 a.m. ET. The presentation will be accessible via live webcast on Ally's investor relations website, with a replay available afterward.

Ally Financial operates the nation's largest all-digital bank and a leading auto financing business. The company serves about 11 million customers through comprehensive online banking services, securities brokerage, investment advisory services, and corporate finance solutions. Their services include deposits, mortgage, credit card products, auto financing, and insurance offerings.

Ally Bank (NYSE: ALLY) has revived its Banksgiving initiative, transforming routine end-of-call surveys into opportunities to help customers overcome financial challenges. During a day in early November, customer care specialists identified and addressed various customer needs, including assistance with family vacations, swim lessons, rent payments, and Thanksgiving dinner expenses. The program, now in its sixth year, demonstrates Ally's commitment to customer service excellence. The bank will showcase these interactions through videos on TikTok, Instagram, and TV platforms throughout the holiday season. Ally Financial, serving approximately 11 million customers, operates the nation's largest all-digital bank and provides comprehensive financial services including auto financing, banking, securities brokerage, and investment advisory services.

Ally Financial (NYSE: ALLY) announced several key leadership changes to enhance company value. Stephanie Richard, a 27-year veteran, has been appointed chief risk officer, while Meghan Ryan becomes chief audit executive. Lindsay Sacknoff will join as head of Deposits and Invest in January 2024. Sean Leary has been named chief financial planning and investor relations officer. These appointments follow CEO Michael Rhodes' strategic review of the leadership structure to deliver increased value for customers, employees, and shareholders.

Ally Financial (NYSE: ALLY) has announced that CFO Russ Hutchinson will present at the BancAnalysts Association of Boston Conference on November 7, 2024, at 11:15 a.m. ET. The presentation will be accessible via live webcast on Ally's investor relations website, with a replay available afterward.

Ally Financial operates the nation's largest all-digital bank and a leading auto financing business. The company serves about 11 million customers through comprehensive online banking services, including deposits, mortgage, credit cards, securities brokerage, and investment advisory services. Additionally, Ally provides corporate finance solutions for equity sponsors and middle-market companies, along with auto financing and insurance offerings.

Ally Financial Inc. (NYSE: ALLY) has released its third quarter 2024 financial results. The company, known for its all-digital bank and auto financing business, will host a conference call at 9 a.m. ET to review the performance. Investors can access the results through Ally's press room and investor relations website. The call will be available via webcast on Ally's Investor Relations site or through a pre-registered dial-in option.

Ally Financial serves approximately 11 million customers with a range of online banking services, securities brokerage, and investment advisory services. The company also offers corporate finance, auto financing, and insurance products. Detailed financial information and disclosures are available on Ally's website.

Ally Financial Inc. (NYSE: ALLY) has declared a quarterly cash dividend of $0.30 per share on its common stock, payable on November 15, 2024, to stockholders of record on November 1, 2024. The company also announced dividend payments for its Series B and Series C preferred stock securities, both payable on November 15, 2024.

For the Series B preferred stock, a quarterly dividend of approximately $15.9 million, or $11.75 per share, will be paid to shareholders of record as of October 31, 2024. Similarly, for the Series C preferred stock, a dividend of about $11.8 million, or $11.75 per share, will be paid to shareholders of record as of the same date.

Ally Financial is a financial services company operating the largest all-digital bank in the U.S. and a leading auto financing business. It serves around 11 million customers through various online banking services, securities brokerage, and investment advisory services.

The 6th annual Moguls in the Making entrepreneurial pitch competition, hosted by Ally Financial (NYSE: ALLY) and the Thurgood Marshall College Fund, concluded with Philander Smith University and Southern University tying for first place. The event, held in Detroit from October 2-6, 2024, gathered 50 students from Historically Black Colleges and Universities (HBCUs) to develop solutions for economic mobility challenges in Detroit.

The winning teams each received $20,000 scholarships per student and guaranteed internships at Ally. Hampton University and Spelman College secured second and third places, respectively. The competition included tours of Detroit, workshops, and mentorship opportunities. Since its inception in 2019, Ally has awarded over $1 million in scholarships and prizes through the program, employing 46 former Moguls as interns and 15 as full-time employees.

Ally Financial Inc. (NYSE: ALLY) has announced the scheduled release of its third quarter financial results for Friday, October 18, 2024, at approximately 7:30 a.m. ET. The company will host a conference call at 9 a.m. ET to review its performance, accessible via webcast or dial-in. Ally Financial, the largest all-digital bank in the U.S. with a leading auto financing business, serves about 11 million customers through online banking services, securities brokerage, and investment advisory services. The company also offers corporate finance, auto financing, and insurance products. Investors and analysts can access the results on Ally's Press Room website and join the conference call through pre-registration.

Ally Financial Inc. (NYSE: ALLY) has announced that Hope Mehlman will join the company as chief legal and corporate affairs officer, effective Dec. 2, 2024. Mehlman will lead a newly created Legal & Corporate Affairs Office, overseeing all regulatory and legal matters. She brings over 20 years of leadership experience in retail and commercial banking, most recently serving as Discover's chief legal officer, general counsel, and corporate secretary.

Mehlman's responsibilities will include managing Ally's legal, compliance, government relations, environmental sustainability, and community reinvestment teams. CEO Michael Rhodes highlighted her proven track record in building and evolving legal and compliance teams to enable business performance. Mehlman's appointment is expected to strengthen Ally's approach to anticipating regulatory and legal changes.