Ally Financial Community

Ally Financial (ALLY) has recently made significant strategic moves, including cutting part of its workforce and exiting the mortgage business. While such decisions often raise concerns in the short term, they could set the stage for long-term growth and improved profitability.

Key Takeaways Simplifying operations through the sale of the Credit Card business and ceasing mortgage loans can boost net interest margins and returns. Revenue growth is expected from core franchises and insurance advantages, enhancing shareholder value.