CPSS CONSUMER PORTFOLIO SERVICES, INC.
Price Chart
Executive Summary
Consumer Portfolio Services, Inc. (CPSS) filed an 8-K to make available an investor presentation as of March 31, 2026. The presentation highlights record origination volumes ($533.2M in Q1 2026, up 18% YoY), a growing managed portfolio ($4.06B), and increased net income ($5.6M, EPS $0.24 vs $0.19 last year). However, pretax income declined to $6.8M from $8.0M YoY, and core operating expenses rose to $44.3M vs $45.2M, while net interest margin remained stable at ~5.3%.
Actionable Insight
Monitor upcoming 10-Q for full quarterly financials. The presentation shows strong origination growth and portfolio expansion, but rising interest expenses and delinquencies warrant watching. The stable net interest margin and improving net charge-offs are positive, but the pretax income decline signals margin compression. The stock's 2.5x shareholder equity growth over 4 years supports a long-term bullish thesis, but near-term direction depends on the balance of these factors.
Key Facts
- Net income for Q1 2026 was $5.6M, up from $4.7M in Q1 2025.
- EPS (fully diluted) was $0.24 in Q1 2026, up from $0.19 in Q1 2025.
- Total managed portfolio reached $3.94B as of March 31, 2026, up from $3.61B a year ago.
- Auto contract purchases were $533.2M in Q1 2026, up from $451.2M in Q1 2025.
- Pretax income declined to $6.8M in Q1 2026 from $8.0M in Q1 2025.
- Interest income increased to $108.7M from $101.9M, but interest expense rose to $60.1M from $54.9M.
- Shareholders' equity was $314.4M at March 31, 2026, up from $309.5M at December 31, 2025.
- Annualized net charge-offs were 7.54% of total owned portfolio vs 8.57% a year ago.
- 30+ day delinquencies and repo inventory were 12.35% of total owned portfolio vs 11.58% a year ago.
Financial Impact
Q1 2026 net income rose to $5.6M from $4.7M YoY, while pretax income fell to $6.8M from $8.0M; total portfolio grew ~9% to $3.94B; originations up 18% to $533.2M.
Risk Factors
- Rising interest expenses could further compress net interest margin.
- Higher delinquencies (12.35% vs 11.58% YoY) indicate potential credit quality deterioration.
- Pretax income declined YoY despite revenue growth, signaling cost pressures.
- Subprime auto lending is sensitive to economic downturns and consumer credit conditions.
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001683168-26-004165 |
| Document: cps_8k.htm | 0001683168-26-004165 |
| Document: 0001683168-26-004165-index-headers.html | 0001683168-26-004165 |
| Document: 0001683168-26-004165-index.html | 0001683168-26-004165 |
| Document: 0001683168-26-004165.txt | 0001683168-26-004165 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 20, 2026
23d ago
|
8-K
| $9.90 $9.73 | ▼ −1.72% | ▼ −2.95% | $9.53 (−3.74%) |
|
May 5, 2026
5w ago
|
8-K
| $10.18 $9.63 | ▼ −5.40% | ▼ −6.53% | $9.53 (−6.39%) |
|
Apr 24, 2026
7w ago
|
8-K
| $8.60 $9.91 | ▲ +15.23% | ▲ +14.83% | $9.53 (+10.81%) |
|
Mar 9, 2026
13w ago
|
Press Release
| $7.72 $8.05 | ▲ +4.27% | ▲ +5.18% | $9.53 (+23.45%) |
|
Feb 24, 2026
15w ago
|
8-K
| $8.48 $8.41 | ▼ −0.83% | ▲ +0.27% | $9.53 (+12.38%) |
US Market Status
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