ALLY
$27.86
Ally Financial
($.57)
(2.00%)
Earnings Details
3rd Quarter September 2020
Friday, October 16, 2020 7:30:00 AM
Tweet Share Watch
Summary

Ally Financial Beats

Ally Financial (ALLY) reported 3rd Quarter September 2020 earnings of $1.25 per share on revenue of $1.7 billion. The consensus earnings estimate was $0.72 per share on revenue of $1.5 billion. The Earnings Whisper number was $0.72 per share. Revenue grew 5.2% on a year-over-year basis.

Ally Financial Inc offers financial products and services to automotive dealers and their customers. The Company is engaged in Dealer Financial Services and Mortgage, Corporate and Other business.

Results
Reported Earnings
$1.25
Earnings Whisper
$0.72
Consensus Estimate
$0.72
Reported Revenue
$1.68 Bil
Revenue Estimate
$1.48 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Ally Financial Reports Third Quarter 2020 Financial Results

CHARLOTTE, N.C., Oct. 16, 2020 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today reported its third quarter 2020 financial results. View the full press release in PDF.

The news release, presentation and financial supplement also can be accessed in the following ways:

Ally will host a conference call at 9:00 a.m. ET to review the company's performance. The call will include a review of the results, followed by a question and answer session.

Conference Call Information: Dial 844-530-6677 (or +1-508-637-5641 for international access) at least 10 minutes prior to the start time and enter the conference ID code 6374833.

The conference call will also be webcast live on Ally's Investor Relations website in the Events & Presentations section (https://www.ally.com/about/investor/events-presentations/index.html).

The presentation and financial supplement will be posted in the Events & Presentations section of Ally's Investor Relations website on October 16, 2020, at approximately 7:30 a.m. ET.

Archive: A taped replay of this call will be made available from 12:00 p.m. ET on October 16, 2020 until October 23, 2020. Please dial 855-859-2056 (or +1-404-537-3406 for international access) and enter the conference ID code 6374833 to access the taped replay. A replay of the webcast will also be made available on the Ally Investor Relations website.

About Ally Financial Inc.
Ally Financial Inc. (NYSE: ALLY) is a leading digital financial-services company with $185.3 billion in assets as of September 30, 2020. As a customer-centric company with passionate customer service and innovative financial solutions, we are relentlessly focused on "Doing it Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. We are one of the largest full-service automotive-finance operations in the country and offer a wide range of financial services and insurance products to automotive dealerships and consumers. Our award-winning online bank (Ally Bank, Member FDIC and Equal Housing Lender) offers mortgage lending, personal lending, and a variety of deposit and other banking products, including savings, money-market, and checking accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs). Additionally, we offer securities-brokerage and investment-advisory services through Ally Invest. Our robust corporate finance business offers capital for equity sponsors and middle-market companies.

For more information and disclosures about Ally, visit https://www.ally.com/#disclosures.

Contacts: 

Daniel Eller
Ally Investor Relations
704-444-5216
daniel.eller@ally.com

Jillian Palash
Ally Communications (Media)
704-644-6201
Jillian.palash@ally.com

Cision View original content:http://www.prnewswire.com/news-releases/ally-financial-reports-third-quarter-2020-financial-results-301153950.html

SOURCE Ally Financial