Exeter finance company analysts tracking Exeter Finance

Analysts tracking Exeter Finance Company forecast net interest margins stabilizing around 7.4% in coming months, with the potential upside if vehicle sales rebound by late summer. Sector cyclicality remains a key variable. This article originally appeared on Portsmouth Herald: Exeter Select Board calls for Pickpocket Dam removal Exeter, which by 2020 had become one of the largest subprime auto lenders in the country, operated with a leadership team largely made up of former Santander executives who had overseen Santander during the period when the bank was accused of misleading customers. But unlike the aggressive scrutiny Santander faced, Exeter has largely flown under the radar. State attorneys general have not taken much action against the company, despite complaints that mirror the allegations made against Santander. Institutional buying of Exeter Finance Company’s securities has risen 6% month-on-month, signaling renewed interest from fixed-income funds seeking yield over Treasuries. Liquidity strength is a focal point.