Welcome to our dedicated page for Consumer Port SEC filings (Ticker: CPSS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Consumer Portfolio Services, Inc. (CPSS) SEC filings page on Stock Titan brings together the company’s regulatory disclosures from the U.S. Securities and Exchange Commission, giving investors direct access to official information about this specialty auto finance business. CPS is an independent finance company that provides indirect automobile financing by purchasing and servicing retail installment sales contracts, and its filings explain how this model operates, how receivables are funded, and how governance and compensation structures are organized.
Through its current reports on Form 8-K, CPS discloses material events such as earnings announcements, securitization transactions, revolving credit agreements, and investor presentations. For example, 8-K filings describe term securitizations of subprime automotive receivables, including the sale of receivables to a trust, issuance of multiple classes of asset-backed notes, credit enhancement features like overcollateralization and reserve accounts, and the treatment of the notes as long-term debt obligations of CPS for accounting and tax purposes. Other 8-Ks discuss entry into material definitive agreements, such as two-year revolving credit facilities secured by automobile receivables, with details on maximum borrowing amounts, advance rates, interest rate spreads, and funding termination dates.
CPS also uses 8-K filings to furnish earnings releases that summarize revenues, operating expenses, pretax income, net income, receivables balances, delinquency levels, and net charge-offs for its auto loan portfolio. These filings provide a structured view of portfolio performance and credit risk. Additional 8-Ks may furnish investor presentations that the company makes available on its website, offering further context on strategy and financial metrics.
The company’s definitive proxy statement on Schedule DEF 14A contains information about its annual meeting of shareholders, including proposals to elect directors, ratify independent auditors, approve advisory resolutions on executive compensation, and adopt equity incentive plans. Within these materials, investors can review voting mechanics, board recommendations, and the structure of plans such as the Consumer Portfolio Services, Inc. 2025 Equity Incentive Plan, which authorizes various forms of equity-based awards.
On Stock Titan, these filings are complemented by AI-powered summaries that explain the significance of each document in clear language. Real-time updates from EDGAR ensure that new 8-Ks, proxy statements, and other filings appear promptly, while AI-generated highlights help users quickly identify key points about CPS’s securitizations, funding arrangements, earnings results, and governance decisions. Investors can also use the filings page to monitor information relevant to executive compensation and equity incentive plans, as well as the company’s ongoing communications about its specialty auto finance operations.
Consumer Portfolio Services, Inc. updated its executive pay disclosure by adding finalized non-equity incentive plan compensation for fiscal 2025. The revised Summary Compensation Table now shows total 2025 pay of $5,439,647 for CEO Charles E. Bradley Jr., $1,386,590 for President & COO Michael T. Lavin, and $1,254,849 for CFO Denesh (Danny) Bharwani.
The CEO’s bonus opportunity was tied to specific performance goals, including meeting quarterly budgets, completing securitizations, growing receivables originations, cutting core operating expenses, arranging residual and forward flow financings, and stock price targets, with a maximum payout equal to 720% of base salary. Maximum bonus opportunities were 160% of base salary for the president and 140% for the CFO.
Consumer Portfolio Services, Inc. furnished an investor presentation outlining its auto finance business and 2025 performance. The company manages a $3.89 billion portfolio as of December 31, 2025 and has achieved 57 consecutive profitable quarters, reflecting a long track record in subprime auto lending.
For the twelve months ended December 31, 2025, Consumer Portfolio Services reported total revenues of $434.5 million, net income of $19.3 million, and fully diluted EPS of $0.80. Auto contract purchases were $1,638.3 million and the total portfolio reached $3,778.7 million, with pretax return on managed assets of 0.8%.
CONSUMER PORTFOLIO SERVICES, INC. director Daniel S. Wood reported an open-market sale of 20,000 shares of common stock at $7.53 per share on March 13, 2026. After this transaction, he directly holds 194,943 shares, indicating he retained a substantial continuing position in the company.
Consumer Portfolio Services outlines its sub-prime auto finance business, portfolio metrics and key risks. The company purchases and services retail auto contracts for less creditworthy borrowers, primarily through franchised dealers, and finances these receivables via warehouse lines and asset-backed securitizations.
Managed portfolio reached $3.9 billion at December 31, 2025, up from $3.7 billion in 2024, with net charge-offs at 7.8% of an average portfolio of $3.7 billion. Contract purchases in 2025 totaled $1.64 billion, with a weighted average interest rate of 20.0% and average original amount financed of $22,652.
At December 31, 2025, total debt was $3.48 billion, including $2.99 billion of securitization trust debt and $325 million in warehouse lines, backed by three facilities totaling $702.5 million of capacity. The company emphasizes securitization cash flows, delinquency and loss performance, regulatory oversight and high leverage as central risk factors.
CPSS filed a Rule 144 notice reporting the proposed sale of 20,000 shares of common stock via Charles Schwab & Co. The Form lists two blocks tied to prior stock option exercises: 14,739 shares from a 05/17/2024 exercise and 5,261 shares from a 01/16/2013 exercise. The broker is identified as Charles Schwab & Co and the exchange is listed as Nasdaq.
Consumer Portfolio Services, Inc. reported solid but modestly improved results for 2025. For the fourth quarter of 2025, the company earned net income of $5.0 million, or $0.21 per diluted share, on total revenue of $109.4 million, up 3.9% from the prior-year quarter.
For the full year 2025, total revenue rose 10.4% to $434.5 million, driven mainly by interest income of $422.7 million, a 16% increase from 2024. Full-year net income was $19.3 million, or $0.80 per diluted share, slightly above $19.2 million in 2024.
Credit metrics remained relatively stable. Net charge-offs were 7.76% of the average portfolio for 2025, compared with 7.62% in 2024, while delinquencies over 30 days including repossession inventory were 14.77% of the portfolio at December 31, 2025, versus 14.85% a year earlier. Year-end receivables totaled $3.779 billion.
Consumer Portfolio Services, Inc. completed a $50 million securitization of residual interests from previously issued auto loan securitizations. Qualified institutional buyers purchased $50 million of asset-backed notes bearing an 8.75% coupon, secured by an 80% interest in a majority-owned affiliate holding residual interests in four CPS deals issued from January 2025 through October 2025.
The collateral includes 80% of cash in underlying spread accounts and 80% of over-collateralization from the related securitizations. Noteholders will receive monthly interest and, when needed, principal payments designed to keep a specified minimum collateral ratio in place. The securities were sold via a private offering not registered under federal or state securities laws.
CONSUMER PORTFOLIO SERVICES, INC. director Scott W. Carnahan filed an initial ownership report on Form 3. The filing shows indirect ownership of 36,000 shares of common stock with no par value as of February 18, 2026, held through Schwab CBP LP.
Consumer Portfolio Services, Inc. reported that its board appointed Scott W. Carnahan as a director, effective immediately, to fill the vacancy created by the prior resignation of William B. Roberts. He will serve until the 2026 annual meeting and until a successor is elected and qualified.
Carnahan brings more than 40 years of accounting, consulting, regulatory compliance, and executive leadership experience in the financial institutions sector, including senior roles at FTI Consulting and KPMG, where he led the structured finance practice and advised on over $2 trillion in transactions.
He is a senior advisor to FTI Consulting, which had previously provided consulting services to the company. Consumer Portfolio Services paid FTI approximately $127,000 in the fiscal year ended December 31, 2024 and $173,000 in the fiscal year ended December 31, 2025, before that engagement ended in September 2025. Carnahan will be compensated under the company’s non-employee director compensation program.
Bharwani Denesh reported disposition transactions in a Form 4 filing for CPSS. The filing lists transactions totaling 9,000 shares. Following the reported transactions, holdings were 301,881 shares.