Consumer Portfolio Services

Consumer Portfolio Services, Inc. operates as an independent finance company. The firm provides indirect automobile financing to individuals with past credit problems, low incomes, and limited credit histories. It engages in purchase and service of retail automobile contracts originated primarily by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans. The company was founded on March 8, 1991 and is headquartered in Las Vegas, NV.

Earnings data Q1 2021

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Consumer Portfolio Services (CPSS) reports record earnings amidst market challenges

Consumer Portfolio Services (CPSS) delivered strong financial performance in 2022, overcoming challenges with strategic adjustments and technological investments. The company's focus on credit tightening and rate increases bodes well for future resilience and growth.

Consumer Portfolio Services reports resilient Q1 performance amidst credit challenges

Consumer Portfolio Services (CPSS) navigated challenges in Q1 2023 with resilience, focusing on portfolio performance and strategic initiatives.
Despite a decline in pretax earnings, the company demonstrated strength in managing credit tightening and maintaining a strong APR.
Opportunities lie in leveraging industry indicators, technology investments, and market focus to drive growth and improve customer payment management.
CPSS faces challenges in expenses, credit tightening impact, and credit performance, requiring continued strategic adjustments and monitoring.

Consumer Portfolio Services (CPSS) reports mixed Q2 performance

Consumer Portfolio Services (CPSS) reported a mixed performance in Q2 2023 with revenue growth but lower earnings due to increased expenses. The company's strong presence in the securitization market and record high shareholders' equity demonstrate resilience and profitability.
While facing challenges from rising interest rates and portfolio metrics, CPSS is strategically positioned to capitalize on opportunities for growth through enhanced portfolio performance and operational efficiency.

Consumer Portfolio Services reports resilient Q3 performance amidst industry challenges

Consumer Portfolio Services (CPSS) navigated industry challenges to deliver a strong quarter, focusing on operational enhancements and strategic changes. Despite a decrease in earnings, the company remains optimistic about future prospects, aiming for continued growth and performance improvement.

Consumer Portfolio Services (CPSS) reports resilient performance and eyes growth in 2024

Consumer Portfolio Services (CPSS) showed resilience and strategic focus in 2023, overcoming challenges from the 2022 vintage performance. The company outperformed competitors in credit performance, saw revenue growth, and made significant improvements in portfolio management. CPSS remains optimistic about future growth opportunities and continues to prioritize customer affordability and technological advancements.

Consumer Portfolio Services (CPSS) Reports Strong Q1 Performance and Growth Opportunities

Consumer Portfolio Services (CPSS) reported a positive Q1 2024 performance with revenue growth, increased originations, and strengthened financial position. While facing challenges such as rising expenses and lower net income, CPSS demonstrated resilience through effective credit management and operational enhancements. The company has opportunities for growth through leveraging its initiatives and enhancing collections and operational efficiency.

Consumer Portfolio Services (CPSS) reports strong Q2 growth and strategic focus

Consumer Portfolio Services (CPSS) is navigating a transition to a more growth-oriented strategy while maintaining a focus on credit quality. The company's financials reflect a balance between revenue growth and expense management, with a strategic emphasis on expanding its market presence and improving risk management.

Consumer Portfolio Services reports revenue growth amidst challenges and opportunities

Consumer Portfolio Services (CPSS) had a strong quarter with revenue growth and operational achievements. While facing challenges such as a decrease in net income, the company is well-positioned to leverage opportunities in the market. By focusing on credit quality and growth strategies, CPSS aims to sustain its positive momentum.

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LAS VEGAS, Nevada, April 20, 2022 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced the closing of its second term securitization in 2022. The transaction is CPS's 43rd senior subordinate securitization since the beginning of 2011 and the 26th consecutive securitization to receive a triple “A” rating from at least two rating agencies on the senior class of notes.

CPS Announces $395.6 Million Senior Subordinate Asset-Backed Securitization

Consumer Portfolio Services, Inc. (NASDAQ:CPSS ) Q1 2022 Earnings Conference Call April 19, 2022 1:00 PM ET Company Participants Charles Bradley – Chief Executive Officer Jeffrey Fritz – Chief Financial Officer Conference Call Participants Operator Good day, everyone, and welcome to the Consumer Portfolio Services 2022 First Quarter Operating Results Conference Call. Today's call is being recorded.

Consumer Portfolio Services, Inc. (CPSS) CEO Charles Bradley on Q1 2022 Results - Earnings Call Transcript

LAS VEGAS, NV, April 18, 2022 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced earnings of $21.1 million, or $0.75 per diluted share, for its first quarter ended March 31, 2022. This compares to net income of $5.2 million, or $0.21 diluted share, in the first quarter of 2021.

CPS Announces First Quarter 2022 Earnings

Las Vegas, Nevada, April 15, 2022 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that it will hold a conference call on Tuesday, April 19, 2022 at 1:00 p.m. ET to discuss its first quarter 2022 operating results. Those wishing to participate by telephone may dial-in at 877 312-5502, or 253 237-1131 for international participants, approximately 10 minutes prior to the scheduled time. The conference identification number is 3771614.

CPS to Host Conference Call on First Quarter 2022 Earnings

Stephen H. Deckoff and James E. Walker III Recommended for Election to Its Board of Directors Stephen H. Deckoff and James E. Walker III Recommended for Election to Its Board of Directors

Consumer Portfolio Services Reports Discussions With Black Diamond Capital Management, L.L.C.

Blue Apron

Newmark Group

PennyMac Financial Services

The Dow Jones jumped more than 400 points on Tuesday after Russia announced it would pull back some troops positioned on the Ukrainian border. Investors, meanwhile, focused on some notable insider trades.

Insiders Buy More Than $18M Of 4 Stocks

LAS VEGAS, NV, Feb. 14, 2022 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced earnings of $19.0 million, or $0.71 per diluted share, for its fourth quarter ended December 31, 2021. This compares to a net income of $4.1 million, or $0.17 per diluted share, in the fourth quarter of 2020. The results for the fourth quarter of 2021 include a net tax benefit of $680,000 related to revaluation of the Company's net operating losses and other tax adjustments. Without the benefit, net income would have been $18.3 million, or $0.68 per diluted share.

CPS Announces Fourth Quarter And Full Year 2021 Earnings

LAS VEGAS, Feb. 10, 2022 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that it will hold a conference call on Tuesday, February 15, 2022 at 1:00 p.m. ET to discuss its fourth quarter 2021 operating results. Those wishing to participate by telephone may dial-in at 877 312-5502, or 253 237-1131 for international participants, approximately 10 minutes prior to the scheduled time. The conference identification number is 9319729.

CPS to Host Conference Call on Fourth Quarter 2021 Earnings

LAS VEGAS, Nevada, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that on February 2, 2022 it renewed its two-year revolving credit agreement with Ares Agent Services, L.P.

CPS Announces Renewal of $100 Million Credit Facility

LAS VEGAS, Nevada, Feb. 02, 2022 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced the closing of its first term securitization in 2022. The transaction is CPS's 42nd senior subordinate securitization since the beginning of 2011 and the 25th consecutive securitization to receive a triple “A” rating from at least two rating agencies on the senior class of notes.

CPS Announces $316.8 Million Senior Subordinate Asset-Backed Securitization

Consumer Portfolio Services (CPSS) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Strength Seen in Consumer Portfolio Services (CPSS): Can Its 9.4% Jump Turn into More Strength?

If you are looking for stocks that are well positioned to maintain their recent uptrend, Consumer Portfolio Services (CPSS) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Consumer Portfolio Services (CPSS) Is a Great Choice for "Trend" Investors, Here's Why

Consumer Portfolio Services (CPSS) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Here's Why Momentum in Consumer Portfolio Services (CPSS) Should Keep going

Consumer Portfolio Services (CPSS) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Looking for a Fast-paced Momentum Stock at a Bargain? Consider Consumer Portfolio Services (CPSS)

LAS VEGAS, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced the closing of its fourth term securitization in 2021. The transaction is CPS's 41st senior subordinate securitization since the beginning of 2011 and the 24th consecutive securitization to receive a triple “A” rating from at least two rating agencies on the senior class of notes.

CPS Announces $349.2 Million Senior Subordinate Asset-Backed Securitization

Consumer Portfolio Services (CPSS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Despite Fast-paced Momentum, Consumer Portfolio Services (CPSS) Is Still a Bargain Stock

Consumer Portfolio Services (CPSS) is on the Move, Here's Why the Trend Could be Sustainable

Consumer Portfolio Services Inc. (CPSS) CEO Charles Bradley on Q3 2021 Results - Earnings Call Transcript

Consumer Portfolio Services (CPSS) delivered earnings and revenue surprises of 205.88% and 13.88%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Consumer Portfolio Services (CPSS) Q3 Earnings and Revenues Beat Estimates

LAS VEGAS, NV, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced earnings of $13.7 million, or $0.52 per diluted share, for its third quarter ended September 30, 2021. This compares to net income of $3.8 million, or $0.16 per diluted share, in the third quarter of 2020.

CPS Announces Third Quarter 2021 Earnings

LAS VEGAS, Nevada, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that it will hold a conference call on October 28, 2021 at 1:00 p.m. ET to discuss its third quarter 2021 operating results. Those wishing to participate by telephone may dial-in at 877 312-5502, or 253 237-1131 for international participants, approximately 10 minutes prior to the scheduled time. The conference identification number is 9262788.

CPS to Host Conference Call on Third Quarter 2021 Earnings

Consumer Portfolio Services (CPSS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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