Ally, CardWorks

Ally steers back to auto after brief credit card venture
The auto lender is selling its credit card business and halting new mortgage loans, abandoning its once-broader ambitions. Ally CEO touted the move as "the power of focus."
Consumer lender Ally Financial to sell credit card business to CardWorks
(Reuters) -Consumer lender Ally Financial has agreed to sell its credit card business to credit and payments firm CardWorks, the companies said on Wednesday. Shares of Ally jumped 8.6% in premarket trading.
Ally Financial To Sell Its Credit Card Business - Quick Facts
Ally Financial (ALLY) and CardWorks announced they have entered into a definitive agreement for CardWorks, and its wholly-owned bank
Ally Financial Stock Surges as Company Beats Profit Estimates, Sells Credit Card Business
Key Takeaways Ally Financial posted fourth-quarter earnings and revenue that topped estimates as it reduced expenses.CEO Michael Rhodes said Ally "took significant action" in the quarter to improve its finances.
Ally Financial divests credit card business to CardWorks
This move aligns with Ally's mission to focus on its core services, including approximately 10 million customers in banking, brokerage, and auto financing. CardWorks, with its 38-year history in credit and payments,
Ally and CardWorks Reach Agreement on Sale of Ally's Credit Card Business
Ally Financial Inc. (NYSE:?ALLY) and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, to acquire Ally's credit card business,
Is Ally Financial a Millionaire Maker?
Ally Financial is largely an auto lender, created when the business was spun off from General Motors. The company carries an ...
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Ally Financial originations climb 7.6%
Ally Financial’s fourth-quarter auto originations climbed year over year as the bank prioritized its auto lending business.
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Ally Financial’s 2024 Earnings: A Mixed Performance
Ally Financial ( ($ALLY) ) has released its Q4 earnings. Here is a breakdown of the information Ally Financial presented to its investors. Ally ...
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Ally Bank Review: Features, Pros, and Cons
Generally, you can talk to a representative about auto loans, home loans, or personal loans beyond traditional hours Monday through Friday and select hours on Saturday. Is Ally Bank Trustworthy?
Ally Financial stock surges after strong Q4 results, agreement to sell card business
Ally Financial (ALLY) stock jumped 8.6%in Wednesday premarket trading after the lender posted stronger-than-expected Q4 ...
Forecasting The Future: 8 Analyst Projections For Ally Financial
In the latest quarter, 8 analysts provided ratings for Ally Financial ALLY, showcasing a mix of bullish and bearish perspectives. The table below summarizes their recent ratings, showcasing the ...
Ally Financial price target raised to $45 from $41 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Ally Financial (ALLY) to $45 from $41 and keeps an Overweight rating on the shares after Ally ...
Ally Financial: Q4 Earnings Snapshot
DETROIT (AP) — DETROIT (AP) — Ally Financial Inc. (ALLY) on Wednesday reported fourth-quarter earnings of $108 million. On a per-share basis, the Detroit-based company said it had net income of 26 ...