![]() Its price trajectory has resulted in its shares trading at a discounted valuation relative to its financial services peers, with a significant discount across both GAAP and non-GAAP metrics. Suffice to say, this hasn't been that great of a stock to own. ![]() Since going public, Ally has significantly trailed the S&P500 in terms of price return, also closely correlating with the index throughout most of this time. The company went through a restructuring in the wake of the 2008 financial crisis and was subsequently renamed Ally Financial, subsequently continuing on to an initial public offering in Q2 2014. First founded back in 1919 as an auto insurance provider for General Motors, it spent most of its operating history as the General Motors Acceptance Corporation. Erdikocak/iStock via Getty Images OverviewĪlly Financial ( NYSE: ALLY) is a tenured bank and diversified financial services entity. ![]()
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