Ally Financial Inc. (NYSE: ALLY) has scheduled the release of its second quarter financial results for Wednesday, July 17, 2024, at approximately 7:30 a.m. ET. The results will be available on the Ally Press Room website (http://media.ally.com).
Warren Buffett's Berkshire Hathaway (NYSE:BRK) owns 29 million shares of Ally Financial (NYSE:ALLY) stock, which is roughly 9.5% of the company. Even though it's a significant stake in Ally's eyes, it only represents about 0.3% of Berkshire's portfolio. Ally Financial offers a wide range of banking products and services, and it currently rewards its shareholders with an annual dividend of $1.20 per share. Let's find out how much Berkshire will earn in dividends from its stake. To determine the t
Ally Financial's (ALLY) efforts to diversify the revenue base will likely aid profits. Elevated costs due to inorganic growth efforts may hurt the bottom line.