Ally Financial ROA 2024

Ally Financial ROA

0

Ally Financial Dividend yield

3.03 %

Ticker

ALLY

ISIN

US02005N1000

WKN

A1W2MF

In 2024, Ally Financial's return on assets (ROA) was 0, a -44.59% increase from the 0.01 ROA in the previous year.

Ally Financial Aktienanalyse

What does Ally Financial do?

Ally Financial Inc is a financial services company headquartered in Detroit, Michigan. The company was founded in 1919 under the name General Motors Acceptance Corporation (GMAC) and was originally a subsidiary of General Motors, one of the world's largest automakers. GMAC's purpose was to provide vehicle financing for General Motors customers. Over the years, Ally's business model has changed and expanded, especially after the 2008 financial crisis, which also heavily impacted GM. Ally Financial was formed in 2009 when GMAC was converted into a standalone company. Today, Ally offers a wide range of financial services, including auto loans, leasing, online banking, mortgages, credit cards, and investment products. Ally is one of the largest auto financing companies in the United States and also has a presence in Canada and Mexico. The auto lending division remains a significant part of Ally's business, as the company has made a name for itself as a pioneer in the digital financial world. Ally is an online auto loan lender that provides customers with a quick and convenient way to finance or lease a vehicle. Customers can choose their car online and request real-time financing through the Ally Auto portal. In addition to auto loans, Ally also offers a range of banking services. Their Ally Bank Online Savings Account offers a high-interest rate and is one of the top online savings products in the market. They also offer inviting overdraft protection and a free Ally Bank Debit Mastercard. Ally also has a mortgage division and offers refinancing and home loans. These are handled through the Ally Home Loan department and provide a variety of mortgage options tailored to customer needs. In the investment sector, Ally offers various investment products, including Exchange Traded Funds (ETFs) and an online trading platform called Ally Invest. Through Ally Invest, customers can easily and quickly trade stocks, exchange-traded funds (ETFs), and options. In summary, Ally Financial offers a comprehensive range of financial services and has established itself as a leading provider of online auto loans and banking solutions in the US market. The company operates multiple business segments and offers innovative products and services to its customers. Ally specializes in offering its services online, providing a simple and convenient way to access financial products. With an annual revenue of over $9 billion, Ally Financial has a strong position in the American market and is also becoming increasingly recognized internationally. Ally Financial ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Ally Financial's Return on Assets (ROA)

Ally Financial's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Ally Financial's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Ally Financial's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Ally Financial’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Ally Financial Stock

What is the Return on Assets (ROA) of Ally Financial this year?

The Return on Assets (ROA) of Ally Financial is 0 undefined this year.

What was the ROA of Ally Financial compared to the previous year?

The ROA of Ally Financial has increased by -44.59% compared to the previous year.

What consequences do high ROA have for investors of Ally Financial?

A high ROA is advantageous for investors of Ally Financial, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Ally Financial?

A low ROA can be unfavorable for investors of Ally Financial as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Ally Financial affect the company?

An increase in ROA of Ally Financial can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Ally Financial impact the company?

A reduction in the ROA of Ally Financial can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Ally Financial?

Some factors that can influence the ROA of Ally Financial include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Ally Financial important for investors?

The ROA of Ally Financial is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Ally Financial take to improve ROA?

To improve ROA, Ally Financial can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Ally Financial pay?

Over the past 12 months, Ally Financial paid a dividend of 1.2 USD . This corresponds to a dividend yield of about 3.03 %. For the coming 12 months, Ally Financial is expected to pay a dividend of 1.32 USD.

What is the dividend yield of Ally Financial?

The current dividend yield of Ally Financial is 3.03 %.

When does Ally Financial pay dividends?

Ally Financial pays a quarterly dividend. This is distributed in the months of August, November, February, May.

How secure is the dividend of Ally Financial?

Ally Financial paid dividends every year for the past 13 years.

What is the dividend of Ally Financial?

For the upcoming 12 months, dividends amounting to 1.32 USD are expected. This corresponds to a dividend yield of 3.32 %.

In which sector is Ally Financial located?

Ally Financial is assigned to the 'Finance' sector.

Wann musste ich die Aktien von Ally Financial kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ally Financial from 5/15/2024 amounting to 0.3 USD, you needed to have the stock in your portfolio before the ex-date on 4/30/2024.

When did Ally Financial pay the last dividend?

The last dividend was paid out on 5/15/2024.

What was the dividend of Ally Financial in the year 2023?

In the year 2023, Ally Financial distributed 1.2 USD as dividends.

In which currency does Ally Financial pay out the dividend?

The dividends of Ally Financial are distributed in USD.

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Andere Kennzahlen von Ally Financial

Our stock analysis for Ally Financial Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Ally Financial Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.