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.
Consumer Portfolio Services, Inc. reported that director William B. Roberts resigned from the board effective January 30, 2026. The company stated that his resignation was not due to any dispute or disagreement regarding its operations, policies, or practices and expressed appreciation for his many years of board service.
Consumer Portfolio Services executive vice president Teri Robinson reported two insider transactions involving gifts of company common stock held through the Teri Lee Robinson Living Trust. On July 21, 2025 and January 7, 2026, the trust made bona fide gifts of 660 shares each at a reported price of $0.00, meaning no payment was received. Following the most recent gift, the living trust indirectly holds 497,125 shares of Consumer Portfolio Services common stock.