Ally Financial

About Ally Financial

Ally Financial, Inc. engages in the provision of automotive financing and insurance services. It operates through the following segments: Automotive Finance Operations, Insurance Operations, Corporate Finance Operations, and Corporate and Other. The Automotive Finance Operations segment offers automotive financing services to consumers, automotive dealers and retailers, companies, and municipalities. The Insurance Operations segment includes consumer finance protection and insurance products sold primarily through the automotive dealer channel, and commercial insurance products sold directly to dealers. The Corporate Finance Operations segment is involved in senior secured asset-based and leveraged cash flow loans to mostly U.S.-based middle-market companies, with a focus on businesses owned by private equity sponsors. The Corporate and Other segment consists of centralized corporate treasury activities, such as management of the cash and corporate investment securities and loan portfolios, short- and long-term debt, retail and brokered deposit liabilities, derivative instruments, original issue discount, and the residual impacts of corporate FTP and treasury ALM activities. The company was founded in 1919 and is headquartered in Detroit, MI.

Founded

1919

CEO

Mr. Michael G. Rhodes

Employees

10,300

Headquarters

Detroit, Michigan, United States of America

Fiscal year end

12-31

Website

ally.com

Company profile

Exchange

US

Symbol

ALLY

Market-cap rank

#1358

Listing date

1970-01-01

Market cap

11.37B

Float cap

10.27B

Shares out

304.20M

Float shares

274.86M

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