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0.000166389351081498 0.000998336106489222 -0.000965058236272876 -0.000332778702162995 0 -0.00232945091514144 0.00133111480865222 0.00332778702163066
Stock impact report

ALLY Q1 Earnings Top on Higher Net Finance Revenues & Lower Provisions [Yahoo! Finance]

Ally Financial Inc. (ALLY) 
Last ally financial inc. earnings: 4/20 07:30 am Check Earnings Report
US:NYSE Investor Relations: ally.com/about/investor
Company Research Source: Yahoo! Finance
Also, the bottom line reflected a jump of 41.5% from the year-ago quarter. It completed the sale of Ally Credit Card on April 1, 2025. Further, the company implemented two securities repositioning transactions during the quarter to reduce accumulated other comprehensive income (AOCI) volatility and improve its interest rate risk position. These initiatives will likely solidify its balance sheet, reduce risk and aid the sustainability of returns. Results benefited from a rise in net finance revenues and lower provisions. However, lower other revenues, higher non-interest expenses, and a decline in net finance receivables and loans and deposits were the undermining factors. After considering non-recurring items, net loss attributable to common shareholders (GAAP basis) was $253 million against net income attributable to common shareholders of $115 million in the prior-year quarter. Total quarterly GAAP net revenues were $1.54 billion, down 22.9% from the prior-year quarter. Also Show less Read more
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