Ally Financial Inc (NYSE:ALLY)
$ 38.12 -0.68 (-1.75%) Market Cap: 11.59 Bil Enterprise Value: 22.89 Bil PE Ratio: 15.56 PB Ratio: 1.02 GF Score: 76/100

Ally Financial Inc at BancAnalysts Association Of Boston Conference Transcript

Nov 02, 2023 / 02:30PM GMT
Release Date Price: $25.96 (+6.83%)
Unidentified Analyst

All right. Thank you, everyone, for coming, and thanks to Gerard for doing so much for the conference. The only criticism is the color of the wristband. It could have been green to make us a little bit more optimistic. So many investors believe that many traditional financial institutions are manufacturing buggy whips in the age of the car. Not true for our next presenter. $7 billion market cap Ally Financial is 100 years old and a former subsidiary of General Motors. Ally is a leading auto lender, a or the, one of the 25 largest banks and the largest digital-only bank in the United States.

Representing the company is Chief Financial Officer, Russ Hutchinson. Thank you for joining us. Russ was appointed CFO in July of this year. Prior to joining Ally, Russ spent a couple of decades at Goldman Sachs, most recently as COO for Global M&A and previously within the Investment Banking Division, advising clients in the financial services sector, including Ally. Welcome, Russ.

Russell E . Hutchinson
Ally Financial Inc. - CFO

Great. Thanks.

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