STAMFORD, Conn., March 4, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) today announced it completed its acquisition of Ally Lending, the point of sale financing business for Ally Financial (ALLY) that ...

NEW YORK — Ally Financial addressed speculation that it might venture into more subprime auto lending. The company reiterated to SubPrime Auto Finance News about its decision to concentrate on the ...

Ally Financial (NYSE: ALLY) was a major beneficiary of the COVID-19 pandemic. As a consumer bank and automotive loan originator, the company saw tailwinds on both sides of its business. People who ...

Ally Financial (NYSE: ALLY) is a bank. But it isn't your typical bank by any stretch of the imagination, given that it is highly focused on the auto lending space. That focus is increasingly in focus ...

While some Ally Financial borrowers are having a harder time making their car payments, the company is sticking to its earlier projection that its retail net charge-offs will be about 1.8% for all of ...

Ally Financial (NYSE: ALLY) became a standalone company in 2014 when it was spun off from General Motors (NYSE: GM). This is actually pretty important because it speaks to Ally Financial's business ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The portfolio includes relationships with nearly 2,500 merchant locations ...

I believe Ally stock is currently undervalued, but I'd wait for a cheaper entry point because of possibly excessive management optimism. Ally's earnings are largely driven by loan charge-offs and net ...