OverviewSuggest Edit

Ally Financial is a provider of financial products and services for consumers, businesses, automotive dealers, and corporate clients. The Company operates Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations segments. The Automotive Finance Operations segment provides automotive financing services to consumers and automotive dealers; the Insurance Operations segment offers consumer finance protection and insurance products through the automotive dealer channel, and commercial insurance products directly to dealers; the Mortgage Finance Operations segment manages held-for-investment consumer mortgage finance loan portfolio; and the Corporate Finance Operations segment provides senior secured leveraged cash flow and asset-based loans to middle market companies.

TypePublic
Founded1919
HQDetroit, US
Websiteally.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Dec 2019)8,700(+7%)
Job Openings75
Revenue (FY, 2019)$6.4 B(-38%)
Share Price (Sept 2020)$25.7 (-1%)
Cybersecurity ratingBMore

Key People/Management at Ally Financial

Jeffrey J. Brown

Jeffrey J. Brown

Chief Executive Officer, Director
Franklin (Fritz) W. Hobbs

Franklin (Fritz) W. Hobbs

Chairman
Andrea Brimmer

Andrea Brimmer

Chief Marketing and Public Relations Officer
Jennifer LaClair

Jennifer LaClair

Chief Financial Officer
Mayree C. Clark

Mayree C. Clark

Director
Dinesh Chopra

Dinesh Chopra

Chief Strategy and Corporate Development Officer
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Ally Financial Office Locations

Ally Financial has offices in Detroit, Atlanta, Horsham, Jacksonville and in 7 other locations
Detroit, US (HQ)
500 Woodward Ave
Atlanta, US
Atlanta, GA, USA
Horsham, US
951 Horsham Rd
Jacksonville, US
Jacksonville, FL, USA
Little Rock, US
Little Rock, AR, USA
New York, US
New York, NY, USA
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Ally Financial Financials and Metrics

Ally Financial Revenue

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Ally Financial's revenue was reported to be $6.39 b in FY, 2019
USD

Revenue (Q2, 2020)

1.6b

Gross profit (Q2, 2020)

1.5b

Gross profit margin (Q2, 2020), %

91.2%

Net income (Q2, 2020)

241.0m

EBIT (Q2, 2020)

242.0m

Market capitalization (18-Sept-2020)

9.6b

Closing stock price (18-Sept-2020)

25.7

Cash (30-Jun-2020)

19.1b

EV

24.7b
Ally Financial's current market capitalization is $9.6 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

9.8b9.9b10.5b6.4b

Revenue growth, %

3%0%6%

Cost of goods sold

2.6b2.9b3.6b321.0m

Gross profit

7.2b7.0b6.8b6.1b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

2.1b2.1b2.5b2.5b2.6b2.7b2.9b2.9b2.9b1.4b1.6b

Cost of goods sold

682.0m700.0m735.0m794.0m873.0m942.0m1.1b1.1b1.1b74.0m142.0m

Gross profit

1.4b1.4b1.7b1.7b1.7b1.8b1.8b1.8b1.8b1.3b1.5b

Gross profit Margin, %

67%66%70%68%66%65%64%62%63%95%91%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

5.9b4.3b4.5b3.6b

Accounts Receivable

117.8b121.6b128.7b127.0b

PP&E

646.0m

Total Assets

163.7b167.1b178.9b180.6b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

4.3b4.4b4.4b3.7b3.9b3.8b4.0b3.6b3.6b6.2b19.1b

Accounts Receivable

117.8b119.3b117.6b124.0b124.3b125.4b128.8b127.9b127.3b124.9b114.9b

PP&E

641.0m685.0m

Total Assets

162.1b164.3b164.0b170.0b171.3b173.1b180.1b180.4b181.5b182.5b184.1b
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

1.1b929.0m1.3b1.7b

Depreciation and Amortization

2.4b1.9b1.6b1.6b

Accounts Payable

1.0m24.0m148.0m

Cash From Operating Activities

4.6b4.1b4.2b4.1b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

214.0m466.0m748.0m250.0m599.0m973.0m374.0m956.0m1.3b(319.0m)(78.0m)

Depreciation and Amortization

534.0m1.0b1.4b434.0m865.0m1.3b369.0m752.0m1.1b386.0m802.0m

Accounts Payable

31.0m48.0m202.0m120.0m193.0m338.0m173.0m221.0m371.0m

Cash From Operating Activities

1.2b2.1b3.4b1.1b2.0b3.3b1.1b1.8b3.1b814.0m1.2b
USDFY, 2016

Revenue/Employee

1.3m

Debt/Equity

5 x

Debt/Assets

0.4 x

Financial Leverage

12.3 x
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Ally Financial Operating Metrics

Ally Financial's Total Loans was reported to be $129.6b in Q3, 2019. Ally Financial's Customers was reported to be 6 m in FY, 2018.
Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019

Customers

5.60 m5.60 m5.70 m6 m

Customers (Deposits)

1.10 m1.20 m1.40 m1.60 m1.80 m1.90 m1.90 m

Dealers

17.50 k18 k18.50 k18.20 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
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Ally Financial Acquisitions / Subsidiaries

Company NameDateDeal Size
CardWorks IncFebruary 19, 2020$2.65 b
Health Credit ServicesJuly 19, 2019$190 m
TradeKingJune 01, 2016$275 m
Ally Bank
Ally Financial Inc.
Ally Servicing, LLC
Ally Wholesale Enterprises, LLC
IB Finance Holding Company, LLC

Ally Financial Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

Ally Financial Revenue Breakdown

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Ally Financial revenue breakdown by business segment: 69.6% from Automotive Finance operations, 17.8% from Insurance operations, 5.2% from Corporate and Other and 7.4% from Other

Ally Financial Online and Social Media Presence

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Ally Financial News and Updates

Ally Financial Reports Second Quarter 2020 Financial Results

CHARLOTTE, N.C., July 17, 2020 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its second 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...

Ally Financial, CardWorks call off merger agreement due to COVID-19 pandemic

Shares of Ally Financial Inc. jumped 11% in extended trading Wednesday after it agreed with Cardholder Management Services Inc. (CardWorks) to call off their merger deal. Under the initial agreement, announced in February, Ally was to acquire CardWorks. Neither party will be required to pay the oth…

Ally Financial suspends stock buybacks, keeps dividend intact

Ally Financial Inc. said Tuesday it will suspend stock repurchases through the second quarter of 2020. "This voluntary action is being taken to support the Federal Reserve's effort to mitigate the impact of the COVID-19 pandemic on the U.S. economy and the financial system," the digital financial-s…

Ally Financial Enters Oversold Territory

But making Ally Financial an even more interesting and timely stock to look at, is the fact that in trading on Wednesday, shares of ALLY entered into oversold territory, changing hands as low as $28.21 per share.

Ally Financial to buy CardWorks in $2.65 bln deal

Auto lender Ally Financial Inc said it would acquire non-prime credit card and consumer finance lender CardWorks in a transaction valued at about $2.65 billion.

Ally Financial Reports Fourth Quarter and Full Year 2019 Financial Results

CHARLOTTE, N.C., Jan. 22, 2020 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its fourth quarter and full year 2019 financial results. View the full press release in PDF. The news release, presentation and financial supplement also can be accessed in the following ways:...
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Ally Financial Blogs

Ally Unveils Several Initiatives Aimed at Helping Dealers Get Back to Business

Customizable Social Media Posts and Email Marketing Campaigns, Re-Opening Kits, and Free Training Among Offerings

Ally: Caring for Communities During COVID-19 Crisis

- Initial wave of over $1.8 million in aid to local communities and organizations complete

Ally Racing honors military with new paint scheme, USO donation

NASCAR driver Jimmie Johnson gives troops virtual first look at military-themed paint scheme

ALLY FINANCIAL AND SUNLIGHT FINANCIAL KICK OFF MEAL CAMPAIGN FOR ATRIUM HEALTH EMPLOYEES FOR COVID-19 RELIEF

In the wake of COVID-19, Ally Financial and Sunlight Financial donate $30,000 to Atrium Health Essential Needs Fund providing relief for healthcare employees
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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 (Fritz) 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 $6.4 b.

  • What is Ally Financial revenue per employee?

    Latest Ally Financial revenue per employee is $734.9 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, Horsham, Jacksonville and in 7 other locations.

  • How many offices does Ally Financial have?

    Ally Financial has 11 offices.