Ally Financial Inc. (NYSE:ALLY) Q2 2024 Earnings Conference Call July 17, 2024 9:00 AM ET
Company Participants
Sean Leary - Head of IR
Michael Rhodes - CEO
Russ Hutchinson - CFO
Conference Call Participants
Ryan Nash - Goldman Sachs
Sanjay Sakhrani - KBW
Don Fandetti - Wells Fargo
Moshe Orenbuch - TD Cowen
Jeff Adelson - Morgan Stanley
Rick Shane - JPMorgan
Rob Wildhack - Autonomous Research
Operator
Good day and thank you for standing by. Welcome to the Second Quarter 2024 Ally Financial Earnings Conference call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions]
Please be advised that today's conference is being recorded. I would now like to hand the conference over to Sean Leary, Head of Investor Relations. Please go ahead.
Sean Leary
Thank you, Elizabeth. Good morning and welcome to Ally Financial's Second Quarter 2024 Earnings Call. This morning our CEO, Michael Rhodes, and our CFO, Russ Hutchinson, will review Ally's results before taking questions. The presentation we'll reference can be found on the Investor Relations section of our website, ally.com.
Forward-looking statements and risk factor language governing today's call are on Slide 2. GAAP and non-GAAP measures pertaining to our operating performance and capital results are on Slide 3. As a reminder, non-GAAP or core metrics are supplemented to and not a substitute for US GAAP measures. Definitions and reconciliations can be found in the Appendix.
And with that, I'll turn the call over to Michael.
Michael Rhodes
Thank you, Sean. Good morning, everyone. And thank you for joining the call. I'll start by saying I'm so proud to address you all for the first time as CEO of Ally. I feel privileged to have the opportunity to lead this incredible company. Now, I want to start by acknowledging the Horrific Assassination Attempt on Former President Trump and the innocent loss of life that occurred over the weekend.
Political violence has no place in our democracy. I hope we can all use this moment to put aside our differences and come together as a country to condemn this senseless act of violence and commit to peacefully upholding our Shared American values. Now, recognizing there's no easier way to transition from such a serious topic.
Let's move to Slide 4. So I believe what this team has built and delivered over the years is remarkable. I would like to express my gratitude to the entire Ally team and the Board for placing trust in me to build on that momentum.