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. 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.
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 $3.53 per share. These options had vested in four equal installments of 7,500 shares from August 8, 2020 through August 8, 2023, and were originally issued as consideration for his services. After this exercise, he holds 127,099 common shares directly, and the filing shows no remaining derivative position, indicating a full exercise-and-hold rather than an immediate sale.
Consumer Portfolio Services, Inc. amended its warehouse credit facility with Capital One, N.A. and a Class B lender, significantly increasing available funding capacity. The revolving credit agreement’s maximum capacity rose from $167.5 million to $390 million, secured by automobile receivables CPS holds or will acquire from dealers.
Under the amended terms, CPS may borrow on a revolving basis through October 17, 2027, with up to 95.5% of the principal balance of eligible receivables available to be advanced. After the revolving period ends, CPS can either repay the balance in full or allow the loans to amortize over an eighteen-month period.
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.