Ally Financial Inc. (LON:0HD0)
London flag London · Delayed Price · Currency is GBP · Price in USD
37.90
-0.79 (-2.03%)
At close: Feb 21, 2025

Ally Financial Company Description

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

The company operates through Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations segments.

The Automotive Finance Operations segment offers automotive financing services, including providing retail installment sales contracts, loans and operating leases, term loans to dealers, financing dealer floorplans and other lines of credit to dealers, warehouse lines to automotive retailers, and fleet financing.

It also provides financing services to companies and municipalities for the purchase or lease of vehicles, and vehicle-remarketing services.

The Insurance Operations segment offers consumer finance protection and insurance products through the automotive dealer channel, and commercial insurance products directly to dealers.

This segment provides vehicle service and maintenance contract, and guaranteed asset protection products; and underwrites commercial insurance coverages, which primarily insure dealers’ vehicle inventory.

The Mortgage Finance Operations segment manages consumer mortgage loan portfolio that includes bulk purchases of jumbo and low-to-moderate income mortgage loans originated by third parties, as well as direct-to-consumer mortgage offerings.

The Corporate Finance Operations segment provides senior secured leveraged cash flow and asset-based loans to middle market companies; leveraged loans; and commercial real estate product to serve companies in the nursing facilities, senior housing, and medical office buildings.

It also offers commercial banking products and services. In addition, it provides securities brokerage and investment advisory services.

The company was formerly known as GMAC Inc. and changed its name to Ally Financial Inc. in May 2010.

Ally Financial Inc. was founded in 1919 and is based in Detroit, Michigan.

Ally Financial Inc.
Country United States
Founded 1919
Industry Financial - Diversified
Sector Financials
Employees 11,100
CEO Michael Rhodes

Contact Details

Address:
Ally Detroit Center
Detroit, Delaware 48226
United States
Phone 866 710 4623
Website ally.com

Stock Details

Ticker Symbol 0HD0
Exchange London Stock Exchange
Stock Type Common Stock
Fiscal Year January - December
Reporting Currency USD
ISIN Number US02005N1000
SIC Code 6172

Key Executives

Name Position
Michael G. Rhodes Chief Executive Officer and Director
Russell E . Hutchinson Chief Financial Officer
Douglas R. Timmerman President of Dealer Financial Services
Bradley J. Brown Corporate Treasurer
David J. DeBrunner Vice President, Corporate Controller and Chief Accounting Officer
Sathish Muthukrishnan Chief Information, Data and Digital Officer
Sean Leary Chief Financial Planning and Investor Relations Officer
Daniel Soto Chief Compliance Officer
Hope D. Mehlman Chief Legal and Corporate Affairs Officer
Andrea C. Brimmer Chief Marketing and Public Relations Officer