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Ally Financial (ALLY)
NYSE:ALLY
Earnings Data
Report Date
Jan 22, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.47Last Year’s EPS
0.45Same Quarter Last Year
Moderate Buy
Based on 17 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 25, 2018
|% Change Since: 1.91%
|Next Earnings Date:Jul 26, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted strong performance in Corporate Finance and growth in deposits and insurance, alongside strategic decisions to focus on core businesses. However, it also included significant restructuring efforts, including the sale of the Credit Card business, workforce reductions, and the impact of accounting changes. These measures reflect a focus on long-term growth but present immediate challenges.Company Guidance
During Ally Financial's Q4 2024 earnings call, the company provided several key metrics and strategic guidance. Ally delivered an adjusted EPS of $2.35, core pretax income of $1 billion, and revenues of $8.2 billion for the year. Fourth-quarter results aligned with or exceeded the guidance provided in October, with a net financing revenue of $1.5 billion and an adjusted other revenue of $564 million, which was up 13% year-over-year. The company announced plans to sell its Credit Card business, expected to add 40 basis points to CET1 at closing, while ceasing new mortgage loan originations. Retail auto net charge-offs were 234 basis points, with expectations of 2% to 2.25% for 2025. Ally achieved a record $400 million pretax income in Corporate Finance with a 37% ROE and maintained strong customer satisfaction and retention rates in its deposits franchise. The company emphasized its commitment to a focused approach in areas with competitive advantages to achieve mid-teens ROTCE in the medium term.Record Pretax Income in Corporate Finance
Corporate Finance delivered record pretax income of more than $400 million and an ROE of 37% with zero net charge-offs, demonstrating strong credit performance.
Deposit Franchise Growth
Ally added more than 230,000 new customers, serving 3.3 million depositors with $143 billion in balances, marking a consistent year-over-year increase.
Insurance Segment Achievements
Insurance written premiums reached $1.5 billion, the highest since IPO, supported by new relationships and growing inventory exposure.
Recognition for Brand and Culture
Ally was recognized by Fast Company for the third consecutive year as a brand that matters, the only financial services brand with this distinction.
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ALLY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ALLY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 22, 2025 | $38.18 | $39.65 | +3.85% |
| Oct 18, 2024 | $35.53 | $34.71 | -2.31% |
| Jul 17, 2024 | $43.78 | $42.77 | -2.31% |
| Apr 18, 2024 | $35.45 | $37.83 | +6.71% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Ally Financial (ALLY) report earnings?
Ally Financial (ALLY) is schdueled to report earning on Jan 22, 2025, TBA Not Confirmed.
What is Ally Financial (ALLY) earnings time?
Ally Financial (ALLY) earnings time is at Jan 22, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ALLY EPS forecast?
ALLY EPS forecast for the fiscal quarter 2025 (Q1) is 0.47.
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