Why Is Ally Financial Stock Falling On Tuesday?
Why Is Ally Financial Stock Falling On Tuesday?
"Our borrower is struggling with high inflation and cost of living, and now more recently, a weakening employment picture," Hutchinson said.Ally Financial Inc. (NYSE:ALLY) shares are trading lower on Tuesday after the company's CFO reportedly noted intensifying credit challenges among borrowers at a conference.
据报道，Ally Financial Inc.（纽约证券交易所代码：ALLY）的股价周二走低，此前该公司首席财务官在一次会议上指出，借款人的信贷挑战日益加剧。
The firm's CFO, Russell Hutchinson, revealed that the company's credit troubles have deepened this quarter, with borrowers grappling more than ever with soaring inflation and living costs, reported Reuters.
路透社报道，该公司首席财务官罗素·哈钦森透露，该公司的信贷问题本季度有所加深，借款人比以往任何时候都更加努力应对通货膨胀和生活成本飙升的问题。
Delinquencies in the company's retail auto segment spiked by around 20 basis points in July and August versus initial projections, Hutchinson reported to investors at a New York financial conference.
哈钦森在纽约的一次财务会议上向投资者报告说，与最初的预期相比，该公司零售汽车板块的拖欠额在7月和8月激增了约20个基点。
"Our borrower is struggling with high inflation and cost of living, and now more recently, a weakening employment picture," Hutchinson said.
哈钦森说：“我们的借款人正在为高通胀和生活成本而苦苦挣扎，而最近，就业形势疲软。”
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Net charge-offs, representing debts deemed unlikely to be recovered, increased by approximately ten basis points in Ally's retail auto sector during the same period, exceeding initial expectations, Reuters added.
路透社补充说，同期，Ally零售汽车行业的净扣除额增加了约十个基点，即被认为不太可能收回的债务，超过了最初的预期。
Shares of bank stocks are trading lower after Fed Vice Chair for Supervision Barr unveiled Basel and GSIB surcharge re-proposals.
在美联储监管副主席巴尔公布了巴塞尔和GSIB附加费的重新提案后，银行股走低。
Last week's jobs report missed expectations, casting a shadow over anticipated Federal Reserve rate cuts later this month, reported BNN Bloomberg. Based in Detroit, Ally is primarily recognized for its auto lending but also provides credit cards, checking and savings accounts, and home loans.
BNN Bloomberg报道，上周的就业报告未达到预期，给美联储本月晚些时候的预期降息蒙上了阴影。总部位于底特律的Ally主要以其汽车贷款而闻名，但也提供信用卡、支票和储蓄账户以及住房贷款。
Hutchinson stated that the firm will prioritize capital and expense management going forward, but it is not revising its guidance at this moment, BNN Bloomberg report added.
BNN Bloomberg报告补充说，哈钦森表示，该公司将优先考虑未来的资本和费用管理，但目前没有修改其指导方针。
According to Benzinga Pro, ALLY stock has lost over 19% in the past month. Investors can gain exposure to the stock via First Trust Financials AlphaDEX (NYSE:FXO) and Vanguard S&P Mid-Cap 400 Value ETF (NYSE:IVOV).
根据Benzinga Pro的数据，ALLY的股票在过去一个月中下跌了19％以上。投资者可以通过第一信托金融AlphaDex（纽约证券交易所代码：FXO）和Vanguard S&P中型股400价值ETF（纽约证券交易所代码：IVOV）获得股票敞口。
Price Action: ALLY shares are trading lower by 18.7% to $32.26 at last check Tuesday.
价格走势：周二最后一次检查时，ALLY股价下跌18.7％，至32.26美元。
Photo: JHVEPhoto/Shutterstock.com
照片：jhvePhoto/Shutterstock.com
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