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An update from Distribution Finance Capital Holdings Plc ( (GB:DFCH) ) is now available.
Distribution Finance Capital Holdings plc (DF Capital) reported a strong third quarter, showcasing continued growth across all product lines, including a new asset finance lending product. The company achieved a record £460 million in new loan origination, marking a 30% increase year-on-year, and its loan book exceeded £759 million, surpassing seasonal expectations. Despite a slight increase in arrears and loans in legal recovery, portfolio quality remains robust. The company anticipates further growth, particularly in its asset finance product, which has significant market potential. CEO Carl D’Ammassa expressed confidence in meeting full-year market expectations, buoyed by the company’s performance so far.
Spark’s Take on GB:DFCH Stock
According to Spark, TipRanks’ AI Analyst, GB:DFCH is a Outperform.
Distribution Finance Capital Holdings is fundamentally strong with robust financial performance and strategic corporate actions that enhance its growth outlook. The stock is undervalued, offering potential upside despite mixed technical signals. Significant positive corporate events, including strategic management actions and investor confidence, further strengthen its investment appeal.
To see Spark’s full report on GB:DFCH stock, click here.
More about Distribution Finance Capital Holdings Plc
DF Capital is a speciality lender that provides flexible financing solutions to support the sales and growth of manufacturers, dealers, and distributors in underserved retail markets across the UK. The company operates as a bank with lending supported by award-winning savings products, a straightforward digital platform, and exceptional customer service. DF Capital is listed on AIM on the London Stock Exchange under the ticker DFCH.
Average Trading Volume: 322,782
Technical Sentiment Signal: Buy
Current Market Cap: £89.43M
For detailed information about DFCH stock, go to TipRanks’ Stock Analysis page.