Truist lowered the firm’s price target on Ally Financial (ALLY) to $50 from $51 and keeps a Buy rating on the shares after its Q4 results. The firm is also cutting its FY26 EPS view by 25c to $5.25 and its FY27 view by 5c to $6.40, with main drivers being a lower net financing revenue due to margin expansion slower than previously expected and smaller buyback amount than before, the analyst tells investors in a research note.
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- Ally Financial reports Q4 adjusted revenue $2.17B, consensus $2.19B
- Ally Financial sees FY26 net interest margin 3.6%-3.7% vs. 3.47% in FY25
- Ally Financial reports Q4 adjusted EPS $1.09, consensus $1.02