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Ally Financial (FRA:GMZ) Total Deposits : €142,677 Mil (As of Mar. 2024)


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What is Ally Financial Total Deposits?

Ally Financial's annual total deposits increased from Dec. 2021 (€125,279 Mil) to Dec. 2022 (€143,768 Mil) but then declined from Dec. 2022 (€143,768 Mil) to Dec. 2023 (€141,829 Mil).

Ally Financial Total Deposits Historical Data

The historical data trend for Ally Financial's Total Deposits can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ally Financial Total Deposits Chart

Ally Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Deposits
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108,676.80 112,643.59 125,278.83 143,768.37 141,828.72

Ally Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Deposits Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 143,848.14 142,428.13 143,206.40 141,828.72 142,677.28

Ally Financial Total Deposits Calculation

Total Deposits that banks' customers have in their accounts. This is an very important source of banks' liquidity.

When banks' customers flood to their banks to take their deposit out, it may be called "Bank Run", which may bring down a bank due to liquidity issues.

Ally Financial (FRA:GMZ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ally Financial Inc (FRA:GMZ) » Definitions » Total Deposits
Comparable Companies
SOFI OBDC CACC FCFS OMF WU NNI SLM SYF QFIN V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN
Traded in Other Exchanges
ALLY:USA ALLY1:Mexico 0HD0:UK GMZ:Germany
Address
500 Woodward Avenue, Floor 10, Ally Detroit Center, Detroit, MI, USA, 48226
Website
https://www.ally.com
Formerly the captive financial arm of General Motors, Ally Financial became an independent publicly traded firm in 2014 and is one of the largest consumer auto lenders in the country. While the firm has expanded its product offerings over time, it remains primarily focused on auto lending with more than 70% of its loan book in consumer auto loans and dealer financing. Ally also offers auto insurance, personal loans, commercial loans, credit cards, and holds a portfolio of mortgage debt, giving the bank a diversified business model, which includes brokerage services.