Discover Financial Profit Dives 68% as Compliance Costs Bite [Yahoo! Finance]
Ally Financial Inc. (ALLY)
Last ally financial inc. earnings: 4/20 07:30 am
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Source: Yahoo! Finance
deal, posted a sharp drop in first-quarter profit as it worked to address compliance and risk-management deficiencies. Most Read from Bloomberg Dubai Grinds to Standstill as Cloud Seeding Worsens Flooding Tesla Asks Investors to Approve Musk's $56 Billion Pay Again Red Lobster Considers Bankruptcy to Deal With Leases and Labor Costs Bankers Hit With Millions in Breakup Fees for Ditching New Jobs China Tells Iran Cooperation Will Last After Attack on Israel Net income plunged 68% to $308 million, or $1.10 a share for the three months ended March 31, Riverwoods, Illinois-based Discover said Wednesday in a statement. That missed the $2.96 average estimate of analysts surveyed by Bloomberg. Capital One Chief Executive Officer Richard Fairbank predicted in February, shortly after announcing the $35 billion deal to create the largest US credit-card issuer by loan volume, that the time and expense needed to fix Discover's regulatory challenges would be high. The acquisition,
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ALLY
News
- 1 Excellent Bank Stock to Buy Right Now [Yahoo! Finance]Yahoo! Finance
- Ally Financial Inc. (NYSE: ALLY) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Wrexham AFC Announces North American Summer Tour Dates [Yahoo! Finance]Yahoo! Finance
- Four Days Left Until Ally Financial Inc. (NYSE:ALLY) Trades Ex-Dividend [Yahoo! Finance]Yahoo! Finance
- Synchrony's Q1 profit misses expectations on higher provisions tied to Ally deal [Reuters]Reuters
ALLY
Earnings
- 4/19/24 - Beat
ALLY
Sec Filings
- 4/29/24 - Form 424B2
- 4/29/24 - Form 424B2
- 4/22/24 - Form 424B2
- ALLY's page on the SEC website