Ally Financial Reports Second Quarter 2015 Financial Results

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Credit Suisse Upgrades Ally Financial (ALLY) to Outperform

July 29, 2015 7:00 AM EDT

Credit Suisse upgraded Ally Financial (NYSE: ALLY) from Neutral to Outperform with a price target of $27.00 (from $25.00) on better loan growth and capital returns.

Analyst M. Orenbuch commented, "We increase our '16 estimates from $2.18 to $2.30 and our '17 estimate from $2.52 to $2.64 and we... More

Ally Financial (ALLY) Tops Q2 EPS by 1c

July 28, 2015 7:35 AM EDT

Ally Financial (NYSE: ALLY) reported Q2 EPS of $0.46, $0.01 better than the analyst estimate of $0.45.

"In the second quarter, Ally made notable and continued progress in its efforts to diversify and expand its business, while also driving shareholder value," said Ally Chief Executive Officer Jeffrey Brown. "Auto originations were strong totaling $10.8... More