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Ally Financial Inc., also called Ally Financial, is a holding company, which provides digital financial services to consumers, businesses, automotive dealers, and corporate clients. It operates through the following segments: Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations. Read More The Automotive Finance Operations segment offers retail installment sales contracts, loans and leases, offering term loans to dealers, financing dealer floorplans and other lines of credit to dealers, warehouse lines to companies, fleet financing, providing financing to companies and municipalities for the purchase or lease of vehicles and equipment, and vehicle remarketing services. The Insurance Operations segment focuses on finance protection and insurance products sold primarily through the automotive dealer channel, and commercial insurance products sold directly to dealers. The Mortgage Finance Operations segment consists of the management of a held-for-investment consumer mortgage finance loan portfolio, which includes bulk purchases of jumbo and LMI mortgage loans originated by third parties. The Corporate Finance Operations segment provides senior secured leveraged cash flow and asset-based loans to mostly United States based middle market companies focuses on businesses owned by private equity sponsors with loans typically used for leveraged buyouts, mergers and acquisitions, debt refinancing, restructurings, and working capital. The company was founded in 1919 and is headquartered in Detroit, MI.
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GenZers & Millennials Turn "Can't Even" into "I Got This" with Interactive Investing Guide from Ally Invest
"When it comes to investing, young adults are constantly being told that 'time is on their side'," said Dave Dusseault, executive director of Ally Invest.
PR NewswireMar 15
Ally Celebrates Pi Day with 100 Charlotte High School "Girls Who Count"
"At Ally, we firmly believe it's our responsibility as corporate citizens to make a positive impact in the communities where we work and live," said Diane Morais, President, Consumer & Commercial Banking Products, Ally Bank.
PR NewswireMar 15
Ally Financial Schedules Release of First Quarter Financial Results
CHARLOTTE, N.C., March 15, 2019 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its first quarter financial results for Thursday, April 18, 2019. Ally intends to maintain similar timing for future earnings releases. The press release will be issued at 7:30 a.m. ET via PR Newswire and on the Ally Press Room website (http://media.ally.com). Ally will host a conference call at 9:00 a.m. ET to review the company's performance. The call will include a review of the results, followe...
Available Apr 18, Pre-Market