Ally Financial Q4 EPS Beats Estimates as Revenues Rise and $2bn Buyback Authorized
Ally Financial reported Q4 EPS of $1.09 beating the $1.01 consensus while revenues grew year-over-year and provision expenses declined as loan and deposit balances expanded. Net interest margin improved to 3.48%, adjusted CET1 capital stands at 8.3% pro forma, and management authorized a $2bn buyback despite a Hold rating downgrade.
Related News
NVDA
Nvidia Raises Dividend to $0.25, Launches $80B Buyback after $91B Forecast
NVDA•
WGRX
Wellgistics Health Approves 1-for-50 Reverse Split to Raise Share Price
WGRX•
GOOG
Google, Blackstone Launch $5B AI Cloud JV with 500MW Capacity by 2027
GOOG•
AVGO
Nvidia Predicts $91B Q3 Sales, Boosts Dividend and $80B Buyback; Broadcom Poised for AI Inference Growth
AVGO•
HOOD
Robinhood Secures $3B Wells Fargo TradePMR Team, CFO to Present May 27
HOOD•
Sources
ZZZPS
+1 more