Ally (formerly known as GMAC) currently has the makings of a startup company staffed by active entrepreneur-executives in Charlotte with significant Bank of America experience. Brand new bank of the future with no branches, new credit card, new mortgage and acquired brokerage/wealth management businesses. Deposits in rapidly growing branchless bank will be replacing expensive unsecured long-term debt over next several years. This company knows ins and outs of auto loan business and very effective at managing risk in that arena. ALLY is also buying back 7-8% of its shares annually. IMO, no brainer long-term investment at these valuations...
http://seekingalpha.com/news/3239234-ally-financial-plus-7-percent-earnings-beat
Recent ALLY News
- Ally Financial schedules release of third quarter financial results • PR Newswire (US) • 09/18/2024 02:00:00 PM
- Hope Mehlman to Join Ally as Chief Legal and Corporate Affairs Officer • PR Newswire (US) • 09/09/2024 01:00:00 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 09/03/2024 08:24:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/28/2024 08:16:31 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 08/27/2024 05:52:39 PM
- Ally and Calm Unite to Help Millions Reach Financial Goals Through Mental Wellbeing • PR Newswire (US) • 08/27/2024 12:03:00 PM
- Illinois Auto Dealer Named the 2024 Ally Sees Her Award Winner for Her Leadership in the Auto Industry and Her Commitment to Community • PR Newswire (US) • 08/26/2024 02:07:00 PM
- Ally Financial to present at the Barclays Global Financial Services Conference • PR Newswire (US) • 08/22/2024 02:00:00 PM
- Form S-3ASR - Automatic shelf registration statement of securities of well-known seasoned issuers • Edgar (US Regulatory) • 08/13/2024 08:39:29 PM
- Form 13F-HR - Quarterly report filed by institutional managers, Holdings • Edgar (US Regulatory) • 08/13/2024 08:06:39 PM
- Ally Launches Free Nationwide Financial Wellness Program Grounded in Money Psychology • PR Newswire (US) • 08/13/2024 01:08:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/26/2024 08:12:58 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 07/23/2024 09:19:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/23/2024 08:19:46 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/22/2024 12:50:34 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 07/22/2024 12:34:04 PM
- UNRIVALED SCORES WITH ALLY FINANCIAL, THE LEAGUE'S FIRST AND FOUNDING PARTNER • PR Newswire (US) • 07/19/2024 01:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2024 11:39:39 AM
- Ally Financial reports second quarter 2024 financial results • PR Newswire (US) • 07/17/2024 11:25:00 AM
- Tech-Led Decline in U.S. Index Futures Pre-Market, Oil Prices Steady After U.S. Inventory Drop • IH Market News • 07/17/2024 10:30:52 AM
- Ally Financial declares dividend on common stock and Series B and Series C preferred stock • PR Newswire (US) • 07/16/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/08/2024 08:51:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/08/2024 08:50:12 PM
- Ally Financial schedules release of second quarter financial results • PR Newswire (US) • 06/20/2024 02:00:00 PM
- Form 424B2 - Prospectus [Rule 424(b)(2)] • Edgar (US Regulatory) • 06/17/2024 09:30:06 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM