Consumer Portfolio Services Q3 Net Income Rises 43% as Originations More Than Double

Consumer Portfolio Services reported Q3 2026 revenue of $131.9M, up 21.7% YoY, and net income of $7M, up 43.3% YoY. Diluted EPS rose to $0.3 from $0.2. The company's managed portfolio grew to $4.84B, and contract purchases reached $2.1B for the nine months. Net charge-offs improved to 7.26% YoY, while delinquencies increased to 10.90%.

Consumer Portfolio Services (CPSS) reported Q3 2026 record originations of $815M, up 108.5% YoY, with revenue up 22% to $131.9M, net income up 42% to $7M, and EPS up 50% to $0.30. Credit performance improved, but interest expense rose 19% to $70M, and debt increased 28% to $4.4B. The company expanded its warehouse capacity and dealer base, while maintaining strict underwriting standards. Recovery rates on repossessed vehicles improved to 32%, but remain below historical averages.

Consumer Portfolio Services (CPSS) reported Q3 growth driven by expanded sales and dealer relationships. Sales force grew to 150, dealer base to 12,900. Applications rose to 1.3M, capture rate to 7%. Credit metrics improved, with delinquencies down to 12.26% and net charge-offs to 7.26%. The company expanded funding capacity and expects strategic growth. Management emphasized maintaining margins amid higher interest rates.

CONSUMER PORTFOLIO SERVICES, INC. (CPSS) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 CONSUMER PORTFOLIO SERVICES ANNOUNCES THIRD QUARTER 2026 RESULTS Diluted EPS up 50%; Net Income Increases 43%; Quarterly Loan Originations Grow by 109%; Total Portfolio Exceeds $4.7 Billion- Highest in Company History LAS VEGAS, NV — October 22, 2026 — GlobeNewswire

Consumer Portfolio Services reported Q3 GAAP EPS of $0.30 and revenue of $131.91M, up 21.7% year-over-year. The company released these financial results in a press statement.

Consumer Portfolio Services (CPSS) expanded its warehouse credit facility to $518 million with Capital One. The facility, secured by auto receivables, allows advances up to 95.5% of eligible receivables and matures by Oct 17, 2027. The amendment aims to boost liquidity for motor vehicle receivable purchases, according to the company.