Ally Financial falls after Q2 profit, revenue decline

Ally Financial

17/07/2024 14:22

** Shares of consumer lender Ally Financial  ALLY.N  fall
1.9% to $43.60 premarket 
    ** ALLY's profit declines to $266 mln in Q2 vs $301 mln a
year earlier 
    ** Net revenue falls nearly 4% to $2 bln in the quarter
    ** ALLY reports adj. Q2 EPS of 97 cents, marginally up from
96 cents in year-ago quarter 
    ** As of last close, ALLY up ~27% YTD 

 (Reporting by Manya Saini in Bengaluru)
 ((Manya.Saini@thomsonreuters.com))