Why Is Ally Financial Stock Falling On Tuesday?
Why Is Ally Financial Stock Falling On Tuesday?
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.
據報道，Ally Financial Inc.（紐約證券交易所代碼：ALLY）的股價週二走低，此前該公司首席財務官在一次會議上指出，借款人的信貸挑戰日益加劇。
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.
路透社報道，該公司首席財務官羅素·哈欽森透露，該公司的信貸問題本季度有所加深，借款人比以往任何時候都更加努力應對通貨膨脹和生活成本飆升的問題。
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.
哈欽森在紐約的一次財務會議上向投資者報告說，與最初的預期相比，該公司零售汽車板塊的拖欠額在7月和8月激增了約20個點子。
"Our borrower is struggling with high inflation and cost of living, and now more recently, a weakening employment picture," Hutchinson said.
哈欽森說：「我們的借款人正在爲高通脹和生活成本而苦苦掙扎，而最近，就業形勢疲軟。」
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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.
路透社補充說，同期，Ally零售汽車行業的淨扣除額增加了約十個點子，即被認爲不太可能收回的債務，超過了最初的預期。
Shares of bank stocks are trading lower after Fed Vice Chair for Supervision Barr unveiled Basel and GSIB surcharge re-proposals.
在聯儲局監管副主席巴爾公佈了巴塞爾和GSIB附加費的重新提案後，銀行股走低。
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報道，上週的就業報告未達到預期，給聯儲局本月晚些時候的預期減息蒙上了陰影。總部位於底特律的Ally主要以其汽車貸款而聞名，但也提供信用卡、支票和儲蓄帳戶以及住房貸款。
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報告補充說，哈欽森表示，該公司將優先考慮未來的資本和費用管理，但目前沒有修改其指導方針。
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).
根據Benzinga Pro的數據，ALLY的股票在過去一個月中下跌了19％以上。投資者可以通過第一信託金融AlphaDex（紐約證券交易所代碼：FXO）和Vanguard S&P中型股400價值ETF（紐約證券交易所代碼：IVOV）獲得股票敞口。
Price Action: ALLY shares are trading lower by 18.7% to $32.26 at last check Tuesday.
價格走勢：週二最後一次檢查時，ALLY股價下跌18.7％，至32.26美元。
Photo: JHVEPhoto/Shutterstock.com
照片：jhvePhoto/Shutterstock.com
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譯文內容由第三人軟體翻譯。