Ally Financial
OverviewSuggest Edit
Ally Financial is a digital financial services company offering financial products for consumers, businesses, automotive dealers, and corporate clients. It operates Ally Bank, an online bank that offers mortgage-lending, personal lending, and a variety of deposit and other banking products, including savings, money-market, and checking accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs). Additionally, the company offers securities-brokerage and investment-advisory services through Ally Invest.
| Type | Public | |
| Founded | 1919 | |
| HQ | Detroit, MI, US | Map |
| Website | ally.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Recent NewsAll News
- Ally Financial to present at the Wells Fargo Virtual Financial Services Investor Conference
- Ally Financial Announces Partial Redemption of Trust Preferred Securities and Junior Debentures
- Ally Financial Reports First Quarter 2021 Financial Results
- Ally Financial Reports Fourth Quarter and Full Year 2020 Financial Results
Key People/Management at Ally Financial
Jeffrey J. Brown
Chief Executive Officer, Director
Franklin W. Hobbs
Chairman
Andrea Brimmer
Chief Marketing and Public Relations Officer
Jennifer A. LaClair
Chief Financial Officer
Mayree C. Clark
Director
Dinesh Chopra
Chief Strategy and Corporate Development Officer
Ally Financial Office Locations
Ally Financial has offices in Detroit, Atlanta, Chicago, Horsham and in 5 other locations
Detroit, MI, US (HQ)
500 Woodward Ave
Atlanta, GA, US
Atlanta, GA, USA
Chicago, IL, US
200 South Wacker Drive, 200 S Wacker Dr #3700
Horsham, PA, US
951 Horsham Rd
Jacksonville, FL, US
12850 Gran Bay Pkwy
Little Rock, AR, US
17500 Chenal Pkwy #200
Ally Financial Financials and Metrics
Ally Financial Revenue
Ally Financial's revenue was reported to be $6.69 b in FY, 2020
| USD | |
|---|---|
Revenue (FY, 2020) | 6.7b |
Gross profit (FY, 2020) | 6.3b |
Gross profit margin (FY, 2020), % | 94.6% |
Net income (FY, 2020) | 1.1b |
EBIT (FY, 2020) | 1.1b |
Market capitalization (11-Jun-2021) | 20.3b |
Closing stock price (11-Jun-2021) | 54.8 |
Cash (31-Dec-2020) | 15.6b |
EV | 28.8b |
Ally Financial's current market capitalization is $20.3 b.
Annual
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 3.7b | 3.9b | 3.8b | 4.0b | 3.6b | 3.6b | 6.2b | 19.1b | 19.9b |
Accounts Receivable | 124.0b | 124.3b | 125.4b | 128.8b | 127.9b | 127.3b | 124.9b | 114.9b | 114.6b |
Total Assets | 170.0b | 171.3b | 173.1b | 180.1b | 180.4b | 181.5b | 182.5b | 184.1b | 185.3b |
Accounts Payable | 97.4b | 98.7b | 101.4b | 113.3b | 116.3b | 119.2b | 122.3b | 131.0b | 134.9b |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 250.0m | 599.0m | 973.0m | 374.0m | 956.0m | 1.3b | (319.0m) | (78.0m) | 398.0m |
Depreciation and Amortization | 434.0m | 865.0m | 1.3b | 369.0m | 752.0m | 1.1b | 386.0m | 802.0m | 1.2b |
Accounts Payable | 120.0m | 193.0m | 338.0m | 173.0m | 221.0m | 371.0m | 69.0m | 56.0m | 107.0m |
Cash From Operating Activities | 1.1b | 2.0b | 3.3b | 1.1b | 1.8b | 3.1b | 814.0m | 1.2b | 2.6b |
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 1.2m |
Debt/Equity | 4.1 x |
Debt/Assets | 0.3 x |
Financial Leverage | 12.4 x |
Ally Financial Operating Metrics
Ally Financial's Total Loans was reported to be $118.5b in Q3, 2020. Ally Financial's Customers was reported to be 6 m in FY, 2018.
| Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Customers | 5.6 m | 5.6 m | 5.7 m | 6 m | |||||||||||||||||||
Customers (Deposits) | 1.1 m | 1.2 m | 1.4 m | 1.6 m | 1.8 m | 1.9 m | 1.9 m | 1.97 m | 2 m | 2.1 m | 2.2 m | ||||||||||||
Dealers | 17.5 k | 18 k | 18.5 k | 17.9 k | 18.1 k | 18.2 k | 18.2 k | 18.3 k | 18.3 k | 18.4 k | 18.7 k | ||||||||||||
Total Loans | $101.42 b | $106.61 b | $108.03 b | $111.71 b | $110.92 b | $112.67 b | $115.02 b | $118.94 b | $119 b | $120.55 b | $118.89 b | $123 b | $125.45 b | $125.87 b | $127.03 b | $130.24 b | $130.16 b | $129.49 b | $129.61 b | $128.39 b | $128.37 b | $118.64 b | $118.47 b |
Ally Financial Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| CardWorks Inc | February 19, 2020 | $2.65 b |
| Health Credit Services | July 19, 2019 | $190 m |
| TradeKing | June 01, 2016 | $275 m |
| Ally ABUSB Transferor LLC | ||
| Ally Bank | ||
| Ally Central Originating Lease LLC | ||
| Ally Insurance Holdings Inc | ||
| Ally Wholesale Enterprises LLC | ||
| IB Finance Holding Company LLC | ||
| Motors Insurance Corporation |
Ally Financial Cybersecurity Score
Ally Financial Environment, Social & Governance (ESG) Ratings
Ally Financial Online and Social Media Presence
44.83k Twitter followers
Ally Financial has 44.83k Twitter Followers. The number of followers has decreased 0.1% month over month and increased 1.1% quarter over quarter
Ally Financial's Trends
Twitter Engagement Stats for @Ally
31k
Tweets
564
Following
44.8k
Followers
18
Tweets last 30 days
25.7
Avg. likes per Tweet
44.4%
Tweets with engagement
Ally Financial Company Culture
Overall Culture
A+
79/100
CEO Rating
A+
92/100
Compensation
A+
89/100
Diversity
C+
67/100
Ally Financial News and Updates
April 30, 2021
Ally Financial to present at the Wells Fargo Virtual Financial Services Investor Conference
CHARLOTTE, N.C., April 30, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) Chief Financial Officer Jennifer LaClair will present at the Wells Fargo Virtual Financial Services Conference on Wednesday, May 19, 2021 from approximately 8:40 - 9:10 a.m. ET. A live video webcast will be...
April 22, 2021
Ally Financial Announces Partial Redemption of Trust Preferred Securities and Junior Debentures
DETROIT, April 22, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) announced today that GMAC Capital Trust I, a subsidiary trust of Ally (the "Trust"), is redeeming (i) 56,000,000 units of its 8.125% Fixed Rate/Floating Rate Trust Preferred Securities, Series 2 (CUSIP No. 361860208)...
April 16, 2021
Ally Financial Reports First Quarter 2021 Financial Results
CHARLOTTE, N.C., April 16, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its first quarter 2021 financial results. View the full press release in PDF. The news release, presentation and financial supplement also can be accessed in the following ways: Ally Financial...
January 22, 2021
Ally Financial Reports Fourth Quarter and Full Year 2020 Financial Results
CHARLOTTE, N.C., Jan. 22, 2021 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its fourth quarter and full year 2020 financial results. View the full press release in PDF. The news release, presentation and financial supplement also can be accessed in the following ways:...
October 16, 2020
Ally Financial Reports Third Quarter 2020 Financial Results
CHARLOTTE, N.C., Oct. 16, 2020 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its third quarter 2020 financial results. View the full press release in PDF. The news release, presentation and financial supplement also can be accessed in the following ways: Ally Financial...
October 09, 2020
Ally Financial Announces Date of 2021 Annual Meeting of Stockholders
DETROIT, Oct. 9, 2020 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today announced that it will conduct its 2021 annual meeting of stockholders on Tuesday, May 4, 2021. Additional details will be provided in the company's proxy statement. About Ally Financial Inc. Ally Financial Inc....
Ally Financial Blogs
Ally Financial Frequently Asked Questions
When was Ally Financial founded?
Ally Financial was founded in 1919.
Who are Ally Financial key executives?
Ally Financial's key executives are Jeffrey J. Brown, Franklin W. Hobbs and Andrea Brimmer.
How many employees does Ally Financial have?
Ally Financial has 8,700 employees.
What is Ally Financial revenue?
Latest Ally Financial annual revenue is $6.7 b.
What is Ally Financial revenue per employee?
Latest Ally Financial revenue per employee is $768.5 k.
Who are Ally Financial competitors?
Competitors of Ally Financial include Freedom Mortgage, Sterling Bancorp and Capital One.
Where is Ally Financial headquarters?
Ally Financial headquarters is located at 500 Woodward Ave, Detroit.
Where are Ally Financial offices?
Ally Financial has offices in Detroit, Atlanta, Chicago, Horsham and in 5 other locations.
How many offices does Ally Financial have?
Ally Financial has 9 offices.
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