TTM EPS of $3.70. Consensus for 2020 and 2021 are $4.20 and $4.78, respectively.
ALLY earns a higher ROTCE than many of its banking peers, yet trades at a material discount to its tangible book value per share.
ALLY has a clear ability to grow its earnings via funding cost reductions from expensive legacy debt, and accretive stock buybacks.
Over the last several years, there have been a preponderance of articles proclaiming auto loans to be a prime candidate as the next Big Short. Car prices have risen significantly due to the higher percentage