Ally Financial Inc Stock News

Dividend stocks are an important piece of any individual investor's portfolio. Not only do they provide passive income, which is an attractive feature, especially for retirees, but they protect your portfolio when the market is volatile.

CHARLOTTE, N.C. , March 12, 2025 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its first quarter financial results for Thursday, April 17, 2025, at approximately 7:30 a.m.

Bank stocks as a category aren't usually high-growth investment vehicles. When individuals look to buy bank stocks, it's usually with their stability and, perhaps, a dividend in mind.

Ally Financial said on Tuesday it had sold $2.8 billion of low-yielding investment securities as part of a repositioning the consumer lender expects will help it modestly increase its interest income going forward.

Some well-known businesses in the financial services sector have done remarkably well for investors recently. Shares of industry heavyweights Goldman Sachs and JPMorgan Chase , as well as younger fintech providers SoFi Technologies and Robinhood Markets , have surged in the past 12 months.

Ally Financial (ALLY -3.67%) was a major beneficiary of the COVID-19 pandemic. As a consumer bank and automotive loan originator, the company saw tailwinds on both sides of its business.

Ally Financial is exiting the credit card business to focus on core operations like car loans, aiming to recover from recent struggles. With a low price/book ratio, Ally's Forward P/E of 10.46 suggests potential value, especially with share repurchases on the horizon. The sale of the credit card business is expected to be income-neutral, adding $1 per share to tangible book value without impact...

This Berkshire/Buffett holdings-list from Kiplinger first appeared 12/31/24 on BKH's SEC Form13F. Kiplinger, YCharts, and Dogs-of-The-Dow all track this BRK batch. Here is your update from 2/19/25 YCharts data.