Kim Fennebresque - Ally Financial Independent Director

ALLY Stock  USD 38.80  0.24  0.62%   

Director

Mr. Kim S. Fennebresque is an Independent Director of Ally Financial Inc. Mr. Fennebresque served as Chairman, President, and Chief Executive Officer of Cowen Group, Inc., a multinational investment bank, from 1999 to 2008. Prior to joining Cowen Group, he served as Head of the Corporationrationrate Finance and Mergers Acquisitions departments at UBS, as General Partner and CoHead of Investment Banking at Lazard Frres Co., and in various positions at The First Boston Corporationrationration. Mr. Fennebresque is a graduate of Trinity College and Vanderbilt Law School. He currently serves on the publiccompany boards of Ribbon Communications Inc. and BlueLinx Holdings Inc. and on the Supervisory Board of BAWAG P.S.K. Mr. Fennebresque also currently serves as a director of privately held Albertsons Companies, Inc., and he formerly served on the boards of Delta Tucker Holdings, Inc., TEAK Fellowship, Fountain House, and Common Good. Mr. Fennebresque is nominated to be a director because he brings experience in senior executive leadership, the financialservices industry, regulatory and governmental matters, risk management, finance and accounting, technology, and publiccompany board service. since 2009.
Age 71
Tenure 15 years
Address Ally Detroit Center, Detroit, MI, United States, 48226
Phone866 710 4623
Webhttps://www.ally.com
Fennebresque is nominated to be a director because of his extensive business experience in: investment banking; the management of a publicly traded company; and deep and broad exposure to compensation, legal, accounting and regulatory issues faced by large, complex, heavily regulated institutions.

Ally Financial Management Efficiency

At this time, Ally Financial's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to rise to 0.01 in 2024, whereas Return On Capital Employed is likely to drop 0.01 in 2024. At this time, Ally Financial's Total Current Assets are fairly stable compared to the past year. Net Tangible Assets is likely to rise to about 11.4 B in 2024, whereas Total Assets are likely to drop slightly above 160.3 B in 2024. Ally Financial's management efficiency ratios could be used to measure how well Ally Financial manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 20.23 B in liabilities with Debt to Equity (D/E) ratio of 275.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Ally Financial has a current ratio of 0.83, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Ally Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Ally Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ally Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ally to invest in growth at high rates of return. When we think about Ally Financial's use of debt, we should always consider it together with cash and equity.

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Ally Financial Inc., a digital financial-services company, provides various digital financial products and services to consumer, commercial, and corporate customers primarily in the United States and Canada. Ally Financial Inc. was founded in 1919 and is based in Detroit, Michigan. Ally Financial operates under Credit Services classification in the United States and is traded on New York Stock Exchange. It employs 10500 people. Ally Financial (ALLY) is traded on New York Stock Exchange in USA. It is located in Ally Detroit Center, Detroit, MI, United States, 48226 and employs 11,100 people. Ally Financial is listed under Consumer Finance category by Fama And French industry classification.

Management Performance

Ally Financial Leadership Team

Elected by the shareholders, the Ally Financial's board of directors comprises two types of representatives: Ally Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ally. The board's role is to monitor Ally Financial's management team and ensure that shareholders' interests are well served. Ally Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ally Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Blakely, Independent Director
John Stack, Independent Director
David Shevsky, Chief Risk Officer
Kenneth Bacon, Independent Director
Diane Morais, President - Consumer and Commercial Banking Products
Katryn Blake, Independent Director
David DeBrunner, Chief Accounting Officer, Vice President Corporate Controller
Stephen Feinberg, Director
Jeffrey Brown, Chief Executive Officer, Director
Mayree Clark, Independent Director
Dinesh Chopra, Chief Strategy Officer
William Solomon, Group VP and General Counsel
Michael Steib, Independent Director
Katryn Shineman, Director
Stephanie Richard, Chief Executive
Bradley Brown, Corporate Treasurer
Andrea Brimmer, Chief Officer
Daniel Eller, President Insurance
Franklin Hobbs, Non executive Independent Chairman of the Board
Daniel Soto, Chief Officer
Jennifer LaClair, Chief Financial Officer
Maureen BreakironEvans, Independent Director
William Cary, Independent Director
Kathleen Patterson, Chief Officer
David Reilly, Independent Director
Scott Stengel, General Counsel
Timothy Russi, President of Auto Finance of Ally
Christopher Halmy, CFO
Sean Leary, Head FPA
Douglas Timmerman, President of Dealer Financial Services
Sathish Muthukrishnan, Chief Information, Data and Digital Officer
Russell Hutchinson, Chief Officer
Melissa Goldman, Independent Director
Marjorie Magner, Independent Director
Mark Manzo, President of Insurance
Brian Sharples, Independent Director
Jason Schugel, Chief Risk Officer
Kim Fennebresque, Independent Director
Jim Babcock, Senior Capital
Isvara Wilson, Acting Securities

Ally Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ally Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Ally Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ally Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ally Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ally Stock

  0.8GS Goldman Sachs Group Financial Report 17th of July 2024 PairCorr
  0.88MS Morgan Stanley Financial Report 16th of July 2024 PairCorr

Moving against Ally Stock

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The ability to find closely correlated positions to Ally Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ally Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ally Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ally Financial to buy it.
The correlation of Ally Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ally Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ally Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ally Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Ally Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ally Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ally Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ally Financial Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ally Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Ally Stock please use our How to Invest in Ally Financial guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

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When running Ally Financial's price analysis, check to measure Ally Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ally Financial is operating at the current time. Most of Ally Financial's value examination focuses on studying past and present price action to predict the probability of Ally Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ally Financial's price. Additionally, you may evaluate how the addition of Ally Financial to your portfolios can decrease your overall portfolio volatility.
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Is Ally Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ally Financial. If investors know Ally will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ally Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.56)
Dividend Share
1.2
Earnings Share
2.45
Revenue Per Share
22.683
Quarterly Revenue Growth
(0.10)
The market value of Ally Financial is measured differently than its book value, which is the value of Ally that is recorded on the company's balance sheet. Investors also form their own opinion of Ally Financial's value that differs from its market value or its book value, called intrinsic value, which is Ally Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ally Financial's market value can be influenced by many factors that don't directly affect Ally Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ally Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ally Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ally Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.