New Ally Financial Inc. leader Michael Rhodes plans to prioritize Ally strengths such as its auto business rather than "emerging opportunities" available to the bank, he said July 17 while leading his ...

Ally Financial, after struggling with loans it made during the pandemic-era auto boom, appears to be finally turning the corner as it starts 2025. The progress is partly due to improvements in the ...

It's been a troubled period for the auto industry, as delinquency rates rise and two high-profile companies recently filed for bankruptcy. But auto lender Ally Financial doesn't seem worried. In the ...

SALT LAKE CITY, Aug. 18, 2025 /PRNewswire/ -- Ally Bank, the nation's largest all-digital bank with an industry-leading auto financing business, announced today that it has received an "Outstanding" ...

Ally Financial (NYSE:ALLY) executives said they were encouraged by the company’s performance in 2025 and expressed optimism about 2026 during a fireside chat at a Bank of America event. Sean Leary, ...

Ally noted its earnings had significantly improved from the first quarter, which it called a "trough." Ally produced $157 million in net income during that quarter, down 51 percent from a year earlier ...

Ally Financial has its next chief executive officer who said he admires the company’s “leading position in automotive finance.” Late on Wednesday, Ally announced Michael Rhodes will be its new CEO, ...