BUZZ-Ally Financial jumps as credit quality improves in Q3
Reuters
Oct 17, 2025
BUZZ-Ally Financial jumps as credit quality improves in Q3
** Auto lender Ally Financial's ALLY.N shares jump 6.6% to $40.99 premarket
** ALLY beats Wall Street expectations for Q3 profit as provision for credit losses shrank by $230 million from a year earlier
** "Importantly credit is improving at an accelerating pace," says Truist analyst Brian Foran
** Results come as a rout in U.S. regional banking shares on Thursday amid heightened concerns about credit quality
** 12 of 20 brokerages rate the stock "buy" or higher and 8 "hold"; median PT $45 - data compiled by LSEG
** As of last close, ALLY stock up 6.8% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
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