Consumer Port Stock Price, News & Analysis

Consumer Portfolio Services (Nasdaq: CPSS) reported strong Q2 2025 financial results with net income of $4.8 million ($0.20 per diluted share), up from $4.7 million ($0.19 per diluted share) in Q2 2024. Revenues increased 14.5% to $109.8 million, compared to $95.9 million in the prior year period.

Key highlights include: record-high shareholder's equity exceeding $300 million for the first time, new contract purchases of $433.0 million, and total receivables reaching $3.708 billion. The company's portfolio showed a slight improvement in delinquencies over 30 days at 13.14% compared to 13.29% year-over-year, while annualized net charge-offs increased to 7.45% from 7.26%.

Consumer Portfolio Services (NASDAQ:CPSS) announced it will host a conference call on Tuesday, August 12, 2025, at 1:00 p.m. ET to discuss its second quarter 2025 operating results. Participants can pre-register for the call through a provided link and should dial in fifteen minutes before the start time.

A replay of the call will be available for 12 months on the company's investor relations website. CPSS operates as an independent specialty finance company providing indirect automobile financing to individuals with past credit problems or limited credit histories.

Consumer Portfolio Services (Nasdaq: CPSS) has successfully closed its third term securitization of 2025, marking its 56th senior subordinate securitization since 2011. The transaction involved $418.33 million of asset-backed notes secured by $433.50 million in automobile receivables.

The securitization, issued through CPS Auto Receivables Trust 2025-C, consists of five note classes with ratings from Standard & Poor's and DBRS Morningstar. The weighted average coupon is 5.43%, with initial credit enhancement including a 1.00% cash deposit and 3.50% overcollateralization of the original receivable pool balance.

Consumer Portfolio Services (CPSS) reported strong Q1 2025 financial results with net income of $4.7 million ($0.19 per diluted share), slightly up from $4.6 million in Q1 2024. Revenues increased 16.6% to $106.9 million compared to $91.7 million in the prior year. The company achieved its highest-ever total portfolio balance of $3.615 billion and recorded significant Q1 loan originations of $451.2 million. Credit metrics showed improvement with annualized net charge-offs decreasing to 7.54% (vs 7.84% in Q1 2024) and delinquencies over 30 days slightly improving to 12.35% (vs 12.39% in Q1 2024). Operating expenses increased to $100.1 million from $85.2 million in the previous year.

Consumer Portfolio Services (NASDAQ: CPSS) has successfully closed its second term securitization of 2025, marking its 55th senior subordinate securitization since 2011. The transaction involved $419.95 million of asset-backed notes secured by $439.29 million in automobile receivables. The notes were issued through CPS Auto Receivables Trust 2025-B in five classes, with the senior class receiving triple "A" ratings from both Standard & Poor's and DBRS Morningstar.

The notes carry a weighted average coupon of 5.96% and feature initial credit enhancement including a 1.00% cash deposit and 4.40% overcollateralization. The transaction requires accelerated principal payments to achieve overcollateralization of either 8.65% of the original receivable pool balance or 22.00% of the outstanding pool balance, whichever is lesser.

Consumer Portfolio Services (NASDAQ: CPSS) has scheduled a conference call for Tuesday, May 13, 2025, at 1:00 p.m. ET to discuss its first quarter 2025 financial results. Participants can pre-register for the call through a provided link and will receive dial-in details via email. The company recommends joining fifteen minutes before the start time to avoid delays.

A replay of the call will be available for 12 months on the company's investor relations website. Consumer Portfolio Services is a specialty finance company focusing on indirect automobile financing for individuals with past credit problems or limited credit histories, primarily through franchised automobile dealerships.

Consumer Portfolio Services (NASDAQ: CPSS) has announced the implementation of an AI-powered servicing and collections platform developed with Salient. The platform utilizes conversational AI voice agents to automate key servicing functions including payment collection, due date adjustments, payoff management, and insurance verification. Based on previous implementations, Salient's platform has shown a 60% reduction in handle times and improved customer response rates. CPS reported strong performance with a 52% year-over-year increase in Q4 2024 auto loan originations and a record portfolio balance of $3.6 billion. The AI integration aims to enhance collections efficiency, improve repayment consistency, and strengthen cash flow while maintaining regulatory compliance with FDCPA, FCRA, UDAAP, and CFPB guidelines.

Consumer Portfolio Services (CPSS) has successfully closed a $65.0 million securitization of residual interests from previous securitizations. The transaction involves a qualified institutional buyer purchasing asset-backed notes secured by an 80% interest in a CPS majority owned affiliate that owns residual interests in five CPS securitizations issued from October 2023 through September 2024.

The majority owned affiliate interest encompasses 80% of the amounts in underlying spread accounts and 80% of the over-collateralization for each related securitization. Monthly payments will include interest at the coupon rate and potential principal payments to maintain a specified minimum collateral ratio. The transaction was executed as a private offering of securities, not registered under the Securities Act of 1933 or state securities laws.

Consumer Portfolio Services (CPSS) reported its Q4 and full-year 2024 financial results. Q4 revenues reached $105.3 million, up 14.5% year-over-year, while full-year revenues grew 11.8% to $393.5 million.

Q4 net income was $5.1 million ($0.21 per diluted share), with full-year net income at $19.2 million ($0.79 per diluted share). The company achieved record-high total portfolio balance of $3.491 billion. New contract purchases for 2024 totaled $1.682 billion, representing a 24% increase from 2023.

However, operating expenses increased significantly, with Q4 expenses at $98.0 million compared to $82.1 million in 2023. Delinquencies over 30 days rose to 14.85%, and net charge-offs increased to 8.02% in Q4 2024.