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.
Consumer Portfolio Services filings document the specialty finance company's operating results, auto receivable funding structure, and public-company governance. Recent Form 8-K reports cover earnings releases, Regulation FD investor presentations, executive incentive compensation, board appointments, and material agreements entered in the ordinary course of its auto finance business.
The filings also describe securitizations of automobile receivables, residual interests in prior securitizations, warehouse credit facilities, and related direct financial obligations or off-balance-sheet arrangements. These disclosures connect CPS's contract purchases and servicing activities with the funding vehicles, trusts, subsidiaries, and collateral terms used to finance its portfolio.
Consumer Portfolio Services furnished an investor presentation under Regulation FD that describes its sub-prime auto finance business and recent performance as of March 31, 2026.
The company reports a $4.06 billion managed portfolio, 58 consecutive profitable quarters, and 956 employees. For the quarter ended March 31, 2026, auto contract purchases were $533.2 million and the managed portfolio totaled $3.94 billion. Interest income was $108.7 million, net income was $4.7 million, and diluted EPS was $0.24. Core operating expenses were 4.6% of the average managed portfolio, while annualized net charge-offs were 7.54% of the owned portfolio and total delinquencies and repossessed inventory were 12.35%.
Consumer Portfolio Services, Inc. provides an interest rate supplement dated May 14, 2026 for its renewable unsecured subordinated notes. The supplement lists current annual interest rates by note term (3-month to 4-year) and by portfolio amount tiers, with rates ranging from 4.50% to 8.40%. The notes are offered in specified U.S. states and the supplement amends the prospectus supplement of the same date.
Consumer Portfolio Services, Inc. is offering up to $50,000,000 aggregate principal of renewable unsecured subordinated notes with maturities ranging from 3 months to 10 years
The notes are unsecured and subordinated to substantially all senior indebtedness (including securitization trust debt). Notes will automatically renew at prevailing published rates unless repaid; transfers and secondary trading are highly restricted and repayments or repurchases are limited by contract and quarterly repurchase caps.
Consumer Portfolio Services, Inc. reported Q1 2026 revenue of $112.3 million, up 5.1% from the prior-year quarter, driven by higher interest income on a larger auto loan portfolio. Net income rose to $5.5 million, with diluted EPS of $0.24 versus $0.19 a year earlier.
Total assets reached $4.1 billion, and finance receivables measured at fair value grew to $3.84 billion. The company relies heavily on securitization trust debt of $3.0 billion and warehouse credit lines of $467.1 million to fund originations. Annualized net charge-offs increased to 8.57% of the managed portfolio, and total delinquencies plus repossessions represented 12.86% of the gross servicing portfolio. Management states it was in compliance with all financial covenants and continued to expand funding capacity through new and amended warehouse and residual interest financing facilities.
Consumer Portfolio Services, Inc. reported stronger results for the first quarter ended March 31, 2026. Net income was $5.5 million, up 18% from $4.7 million a year earlier, and diluted earnings per share rose 26% to $0.24 from $0.19.
Revenue for the quarter reached $112.3 million, a 5.1% increase from $106.9 million in the prior-year period, while total operating expenses were $104.3 million versus $100.1 million. Pretax income grew to $8.0 million from $6.8 million, also an 18% increase.
The company’s auto finance business expanded meaningfully. New contract purchases were $533.2 million, up 18% year over year and 47% above the fourth quarter of 2025. The total portfolio balance climbed to a record $3.942 billion, compared with $3.615 billion a year earlier. Credit performance was mixed: delinquencies over 30 days plus repossessions improved to 11.58% from 12.35%, but annualized net charge-offs rose to 8.57% of the average portfolio from 7.54%.
CONSUMER PORTFOLIO SERVICES, INC. senior vice president Steven Schween exercised stock options to acquire 30,000 shares of common stock at an exercise price of $2.47 per share. Following the transaction, he directly holds 157,099 shares of common stock.
The exercised options covered 30,000 shares that vested in four equal installments of 7,500 shares on June 1 of 2021, 2022, 2023, and 2024, as compensation for his services to the company. The filing shows an exercise-and-hold pattern with no reported share sales in this transaction.
Consumer Portfolio Services, Inc. completed a $514.07 million asset-backed securitization backed by $526.17 million of subprime automotive receivables through CPS Auto Receivables Trust 2026-B. Qualified institutional buyers purchased five classes of notes, with the senior class rated triple “A” by at least two agencies.
The notes are obligations of the Trust but are treated as long-term secured debt of CPS for accounting and tax purposes. Initial credit enhancement includes 1.00% cash reserve and 2.30% overcollateralization, with required increases over time through accelerated principal payments. CPS will continue to service the receivables, and this 2026-B deal is the largest securitization in the company’s history.
Consumer Portfolio Services, Inc. is offering renewable unsecured subordinated notes with current annual interest rates effective April 13, 2026. The supplement lists tiered rates by note term and portfolio amount: 3‑month rates range from 4.50% to 5.90%, 1‑year rates from 5.50% to 6.90%, and 4‑year rates from 7.00% to 8.40%. The notes are being offered in multiple U.S. states and the supplement supplements the base prospectus and prospectus supplement of the registration statement.
Consumer Portfolio Services, Inc. is offering up to $50,000,000 aggregate principal amount of renewable unsecured subordinated notes to new and existing purchasers with maturities ranging from three months to ten years. The notes are unsecured and subordinated to substantially all existing and future indebtedness; as of December 31, 2025, the company reported approximately $3,454.4 million of debt senior to these notes and $3,519.7 million of outstanding obligations including accounts payable and accrued expenses. Notes will be issued at 100% of principal, will generally automatically renew at maturity for the same term unless the holder requests repayment, and may be redeemed by the issuer after 30 days’ notice. The offering proceeds are intended to fund the purchase of automobile contracts and for general corporate purposes.
CONSUMER PORTFOLIO SERVICES, INC. executive reports small share gift via trust. Exec. Vice President Teri Robinson, through the Teri Lee Robinson Living Trust, gifted 660 shares of common stock as a bona fide gift with no payment received. After the transfer, the trust’s indirect holdings total 496,465 shares.