Yahoo Web Search

Search results

1. finance.yahoo.com › news › synchrony-ally-financialSynchrony and Ally Financial Reach Agreement on Sale of Ally ...

   finance.yahoo.com › news › synchrony-ally-financial

   • Cached

   Jan 19, 2024 · Synchrony (NYSE: SYF) and Ally Financial Inc. (NYSE: ALLY), today announced that they have entered into a definitive agreement for Synchrony to acquire Ally's point of sale financing business...

2. en.wikipedia.org › wiki › Ally_FinancialAlly Financial - Wikipedia

   en.wikipedia.org › wiki › Ally_Financial

   • Cached

   Ally Financial Inc. (previously known as GMAC) is a bank holding company incorporated in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan.

3. www.nasdaq.com › press-release › synchrony-completesSynchrony Completes Acquisition of Ally Lending - Nasdaq

   www.nasdaq.com › press-release › synchrony-completes

   • Cached

   Mar 4, 2024 · 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 (NYSE:...

4. www.fool.com › investing › 2023/03/25How Is Ally Financial Holding Up, Given the Current State of ...

   www.fool.com › investing › 2023/03/25

   • Cached

   • Stacking Ally Up Against SVB
   • A Big Focus on Credit
   • Wrestling with Uncertainty

   What brought SVB downwas a combination of unrealized bond losses, heavy deposit concentration among a few industries, and lots of uninsured deposits. So in this uncertain time, the first thing to do when looking at any bank stock is to check these metrics. At the end of 2022, Ally had tangible common equity of $9.6 billion. Unrealized bond losses i...

   See full list on fool.com

   Even before the collapse of SVB, the big focus for Ally has been on credit. Thanks to the chip shortage, which created a lack of vehicles, prices of new and used cars surged since the pandemic began in 2020, and Ally has built up its retail auto loan portfolio in recent years. But as used-car prices eventually fall and consumers spend down their sa...

   See full list on fool.com

   The good news is that Ally looks pretty well-insulated from some of the issues that put several banks out of business recently. It does not have too many unrealized bond losses that are unaccounted for, and with bond yields falling, that should help lessen some of the unrealized losses in its AFS portfolio. I'm sure Ally will see higher deposit cos...

   See full list on fool.com

5. www.nasdaq.com › press-release › synchrony-and-allySynchrony and Ally Financial Reach Agreement on Sale of Ally ...

   www.nasdaq.com › press-release › synchrony-and-ally

   • Cached

   Jan 19, 2024 · Synchrony and Ally will work together to ensure a smooth transition for merchants, customers and employees. The transaction is expected to close in the first quarter of 2024, subject to the ...

6. finance.yahoo.com › quote › ALLYAlly Financial Inc. (ALLY) Company Profile & Facts - Yahoo ...

   finance.yahoo.com › quote › ALLY

   • Cached

   Ally Financial Inc., a digital financial-services company, provides various digital financial products and services in the United States, Canada, and Bermuda.

7. People also ask

   Where is Ally Financial headquartered?

   • Ally Financial Inc. (previously known as GMAC) is a bank holding company organized in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan.

   Ally Financial - Wikipedia

   en.wikipedia.org/wiki/Ally_Financial

   See all results for this question

   Is ally a good bank?

   • Ally is in a much different situation than SVB Financial or Signature Bank. But the bank does have a large book of retail auto loans that the market is watching with a cautious eye. Many bank stocks, including Ally, have been heavily sold off after the collapse of several banks.

   How Is Ally Financial Holding Up, Given the Current State of the

   www.fool.com/investing/2023/03/25/how-ally-financial-holding-up-banking-industry/

   See all results for this question

   Does synchrony own Ally Financial?

   • STAMFORD, Conn. and CHARLOTTE, N.C., Jan. 19, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) and Ally Financial Inc. (NYSE: ALLY), today announced that they have entered into a definitive agreement for Synchrony to acquire Ally's point of sale financing business including $2.2 billion of loan receivables.*

   Synchrony and Ally Financial Reach Agreement on Sale of Ally's Point-of

   finance.yahoo.com/news/synchrony-ally-financial-reach-agreement-123000686.html

   See all results for this question

   Why did ally sell ally lending?

   • "Today's agreement to sell Ally Lending is part of a broader initiative to invest resources in growing scale businesses and strengthening relationships with dealer customers and consumers," said Ally Financial Chief Executive Officer Jeff (JB) Brown.

   Synchrony and Ally Financial Reach Agreement on Sale of Ally's Point-of

   finance.yahoo.com/news/synchrony-ally-financial-reach-agreement-123000686.html

   See all results for this question

   Does Ally Bank have a book of retail auto loans?

   • But the bank does have a large book of retail auto loans that the market is watching with a cautious eye. Many bank stocks, including Ally, have been heavily sold off after the collapse of several banks. Since the collapse of SVB Financial and Signature Bank, a lot of bank stocks have been sold off significantly.

   How Is Ally Financial Holding Up, Given the Current State of the

   www.fool.com/investing/2023/03/25/how-ally-financial-holding-up-banking-industry/

   See all results for this question

   What business does Ally Financial operate in?

   • Ally Financial, Inc. is a holding company operating in the digital financial services sector. It provides services to consumers, businesses, automotive dealers, and corporate clients through the following segments: Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations.

   Ally Financial | ALLY Stock Price, Company Overview & News - Forbes

   www.forbes.com/companies/ally-financial/

   See all results for this question

8. www.forbes.com › companies › ally-financialAlly Financial | ALLY Stock Price, Company Overview & News

   www.forbes.com › companies › ally-financial

   • Cached

   Ally Financial, Inc. is a holding company, which provides digital financial services to consumers, businesses, automotive dealers, and corporate clients.