Ally Financial Inc. (ALLY)

NYSE: ALLY · Delayed Price · USD
40.30
1.04 (2.65%)
At close: May 25, 2022 4:00 PM
40.77
0.47 (1.17%)
After-hours:May 25, 2022 6:10 PM EDT

Company Description

Ally Financial Inc., a digital financial-services company, provides various digital financial products and services to consumer, commercial, and corporate customers primarily in the United States and Canada.

It operates through four segments: Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations.

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 healthcare industry.

The company 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.
Ally Financial Logo
CountryUnited States
Founded1919
IPO DateJan 28, 2014
IndustryConsumer Finance
SectorFinancials
Employees10,500
CEOJeffrey Brown

Contact Details

Address:
500 Woodward Ave Fl 10
Detroit, Michigan 48226-3423
United States
Phone866 710 4623
Websiteally.com

Stock Details

Ticker SymbolALLY
ExchangeNYSE
Fiscal YearJanuary - December
Reporting CurrencyUS Dollars
CIK Code0000040729

Key Executives

NamePosition
Jeffrey J. BrownChief Executive Officer and Director
Jennifer A. LaClairChief Financial Officer
Scott A. StengelGeneral Counsel
Douglas R. TimmermanPresident of Dealer Financial Services
Diane E. MoraisPresident of Consumer and Commercial Banking - Ally Bank
David J. DeBrunnerVice President, Corporate Controller and Chief Accounting Officer
Sathish MuthukrishnanChief Information, Data and Digital Officer
Daniel SotoChief Compliance Officer
Andrea C. BrimmerChief Marketing and PR Officer
Dinesh ChopraChief Strategy and Corporate Development Officer

Latest SEC Filings

DateTypeTitle
May 23, 2022424B2Prospectus [Rule 424(b)(2)]
May 23, 2022424B2Prospectus [Rule 424(b)(2)]
May 17, 20224Statement of changes in beneficial ownership of securities
May 17, 20224Statement of changes in beneficial ownership of securities
May 17, 20224Statement of changes in beneficial ownership of securities
May 17, 20224Statement of changes in beneficial ownership of securities
May 17, 20224Statement of changes in beneficial ownership of securities
May 17, 20224Statement of changes in beneficial ownership of securities
May 17, 20224Statement of changes in beneficial ownership of securities
May 17, 20224Statement of changes in beneficial ownership of securities
View All SEC Filings