Ally Financial Inc 8-K, filed Jun 29, 2020
Ally Financial Inc. (ALLY)
8-K
2020-06-29
For: 2020-06-29
View Original
Added on
April 09, 2026
About this 8-K
Ally Financial Inc filed this 8-K on June 29, 2020.
Items reported
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
(Date of report; date of
earliest event reported)
Commission file number: 1-3754
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of | (I.R.S. Employer | |
incorporation or organization) | Identification No.) | |
(Address of principal executive offices)
(Zip Code)
(866 ) 710-4623
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 Regulation FD Disclosure.
On June 29, 2020, Ally Financial Inc. issued a press release announcing the company’s Stress Capital Buffer, as determined in connection with the 2020 Comprehensive Capital Analysis and Review. A copy of the press release is attached as Exhibit 99.1 hereto. The information in this Item 7.01 and Exhibit 99.1 is being furnished and is not deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. | Description |
99.1 | |
104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Ally Financial Inc. (Registrant) | ||||||
Dated: | June 29, 2020 | /s/ David J. DeBrunner | ||||
David J. DeBrunner | ||||||
Vice President, Chief Accounting Officer and Controller | ||||||
Ally Announces Stress Capital Buffer
CHARLOTTE, N.C., June 29, 2020 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today announced that its Stress Capital Buffer (SCB) is 3.5%, as determined by the Board of Governors of the Federal Reserve System (Federal Reserve) in connection with the 2020 Comprehensive Capital Analysis and Review (CCAR).
“Ally entered the current environment with a strong capital position and resilient balance sheet,” said Ally Chief Executive Officer Jeffrey J. Brown. “Our proven ability to lead, adapt and innovate strengthens my confidence in delivering on our long-term strategic priorities as we continue serving as a source of strength for our customers and communities. We intend to maintain our current common dividend for the third quarter, subject to approval by Ally’s board of directors.”
About Ally Financial Inc.
Ally Financial Inc. (NYSE: ALLY) is a leading digital financial-services company with $182.5 billion in assets as of March 31, 2020. As a customer-centric company with passionate customer service and innovative financial solutions, we are relentlessly focused on “Doing it Right” and being a trusted financial-services provider to our consumer, commercial, and corporate customers. We are one of the largest full-service automotive-finance operations in the country and offer a wide range of financial services and insurance products to automotive dealerships and consumers. Our award-winning online bank (Ally Bank, Member FDIC and Equal Housing Lender) offers mortgage lending, personal lending, and a variety of deposit and other banking products, including savings, money-market, and checking accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs). Additionally, we offer securities-brokerage and investment-advisory services through Ally Invest. Our robust corporate finance business offers capital for equity sponsors and middle-market companies.
For more information and disclosures about Ally, visit https://www.ally.com/#disclosures.
Contacts: |
Daniel Eller |
Ally Investor Relations |
704-444-5216 |
Daniel.Eller@ally.com |
Rebecca Anderson |
Ally Communications (Media) |
980-312-8681 |
Rebecca.Anderson@ally.com |