Ally Financial Inc (ALLY) News & EventsALLYAlly Financial Inc

Ally Financial Sees Retail Auto NCOs Lower to 1.6%-1.8%

Ally Financial sees retail auto NCOs lower toward 1.6%-1.8% target LT

Ally Expects $20M Lease Losses in Q3

Ally (ALLY) notes that Stellantis (STLA) recalled plug-in hybrids, saying it "hit us hard towards the beginning of this year and the end of last year." Says expects to take about $20M of lease losses in Q3, and that where the company previously would have expected NIM to be up quarter over quarter "We now expect it to be more or less flattish, and that is a headwind." Still expects to end year at high end or above 3.7% mark.

Ally Financial Shares Down 2.7% at Barclays Conference

Ally Financial shares down 2.7% as company speaks at Barclays conference