If the auto industry faces problems, such as a slowdown in sales, Ally Financial will feel the impact more than other banks. Also, if default rates on auto loans tick higher for some reason ...

If the auto industry faces problems, such as a slowdown in sales, Ally Financial will feel the impact more than other banks. Also, if default rates on auto loans tick higher for some reason ...

but the long-term impact is much less clear and potentially much less positive. There's nothing inherently wrong with Ally Financial's business. In fact, it managed to more than double generally ...

UPDATE: This article includes details from the company's chief financial officer during an interview with American Banker and comments from analysts. Ally Financial, after struggling with loans it ...

Ben Gran is a freelance contributor for Forbes Advisor on banking. He also writes for The Ascent (a Motley Fool service), where he covers insurance, credit cards, personal finance and investing.

Ally Financial shares surged Wednesday after the financial firm topped earnings and revenue estimates as it cut costs, and announced it was selling its credit card business.

Welcome to the Fourth Quarter 2024 Ally Financial Earnings Conference Call ... employee and customer experience and making a positive impact in our communities. As many of you may have heard ...