Ally Financial sees deposits, profits increase in Q2

Ally Financial Inc. (NYSE: ALLY) reported second-quarter earnings up from a year ago this week. The Detroit-based company, which keeps some of its top executives in Charlotte, reported second-quarter net income of $360 million or 54 cents per share, up from $182 million the same time last year. The company was impacted by a $155 million legacy charge in the second quarter of 2015. “For the second quarter, Ally posted solid results with improved profitability, strong credit performance and considerable…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/blog/bank_notes/2016/07/ally-financial-sees-deposits-profits-increase-in.html?ana=RSS%26s=article_search