Ally Financial Inc
Company Overview
Ally Financial Inc. is a digital financial services company that provides various banking products and services primarily in the United States. The company operates through Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations segments.
The company's primary business involves auto financing and online banking services. They provide automotive financing services to consumers, businesses, automotive dealers, and others. Additionally, they offer insurance products, mortgage finance solutions, and corporate lending services.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $2.1b | $2.09b | $1.49b | $2.09b | 70.76% | 100.00% |
| June 30, 2024 | $2.0b | $2.04b | $1.5b | $2.04b | 74.75% | 100.00% |
| March 31, 2024 | $1.99b | $2.13b | $1.46b | $2.13b | 73.31% | 100.00% |
Company Impact
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