Consumer Portfolio Services, Inc. operates as a specialty finance company in the United States. It purchases and services retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans. The company, through its automobile contract purchases, offers indirect financing to the customers of dealers with limited credit histories or past credit problems. It serves as an alternative source of financing for dealers, facilitating sales to customers who might not be able to obtain financing from commercial banks, credit unions, and the captive finance companies. The company also acquires installment purchase contracts in four merger and acquisition transactions; and offers financing directly to sub-prime consumers to facilitate their purchase of a new or used automobile, light truck, or passenger van. The company services its automobile contracts through its branches in California, Nevada, Virginia, Florida, and Illinois. Consumer Portfolio Services, Inc. was founded in 1991 and is based in Las Vegas, Nevada.
IPO Year: 1992
Exchange: NASDAQ
Website: consumerportfolio.com
| Date | Price Target | Rating | Analyst |
|---|
8-K - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Filer)
8-K - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Filer)
8-K - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Filer)
8-K - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Filer)
8-K - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Filer)
10-Q - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Filer)
8-K - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Filer)
DEF 14A - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Filer)
8-K - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Filer)
8-K - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Filer)
LAS VEGAS, Nevada, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company") announced the closing of its first term securitization in 2025 on Wednesday January 22, 2025. The transaction is CPS's 54th senior subordinate securitization since the beginning of 2011 and the 37th consecutive securitization to receive a triple "A" rating from at least two rating agencies on the senior class of notes. In the transaction, qualified institutional buyers purchased $442.4 million of asset-backed notes secured by $462.5 million in automobile receivables originated by CPS. The sold notes, issued by CPS Auto Receivables Trust 2025-A, consist of five clas
LAS VEGAS, Nevada, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company") today announced that on December 16, 2024, it amended its two-year revolving credit agreement with Citibank, N.A to increase the capacity of the facility. The amendment also applies to the subordinate third party lender, which was announced last month. The amendment increases the capacity of this facility from $225 million to $335 million. Loans under the amended credit agreement will continue to be secured by automobile receivables that CPS now holds or will acquire from dealers in the future. CPS may borrow on a revolving basis through July 15, 2026, after which
LAS VEGAS, NV, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company"), a leader in providing indirect automobile financing to consumers, today announced that it has partnered with SentiLink, a leading provider of advanced identity verification and fraud detection solutions. The partnership enables CPS to improve its fraud prevention efforts while also saving the Company approximately $1 million per quarter so far. SentiLink's AI-driven technology analyzes key identity and fraud indicators to generate actionable reports for CPS, helping the Company lend to legitimate, verified borrowers. This improvement in fraud detection directly supp
Revenues of $100.6 million compared to $92.1 million in the prior year periodNet income of $4.8 million, or $0.20 per diluted shareTotal portfolio balance of $3.330 billion, highest in company historyNew contract purchases of $445.9 million, compared to $322.4 million in the prior year period LAS VEGAS, NV, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company") today announced earnings of $4.8 million, or $0.20 per diluted share, for its third quarter ended September 30, 2024. Revenues for the third quarter of 2024 were $100.6 million, an increase of $8.5 million, or 9.2%, compared to $92.1 million for the third quarter of 2
LAS VEGAS, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company") today announced that it will hold a conference call on Friday, November 1, 2024 at 1:00 p.m. ET to discuss its third quarter 2024 operating results. Those wishing to participate can pre-register for the conference call at the following link https://register.vevent.com/register/BIaadcdbbe0a7849aa918eac85c86475ff. Registered participants will receive an email containing conference call details for dial-in options. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the schedule start time. A replay will be available beginning
LAS VEGAS, NV, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company"), a leader in providing indirect automobile financing to consumers, today announced the successful integration of Informed.IQ's Dealer Verify tool into its loan origination process. This advanced AI-driven solution enhances the dealer experience by automatically verifying stipulations, improving capture rates, and reducing contracts-in-transit. CPS has consistently focused on leveraging technology to enhance its operations across the subprime auto lending cycle. For years, CPS has utilized AI and machine learning to streamline its underwriting processes, improve risk ma
LAS VEGAS, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company") announced the closing of its fourth term securitization in 2024 on Tuesday, September 17, 2024. The transaction is CPS's 53rd senior subordinate securitization since the beginning of 2011 and the 36th consecutive securitization to receive a triple "A" rating from at least two rating agencies on the senior class of notes. In the transaction, qualified institutional buyers purchased $416.82 million of asset-backed notes secured by $436.00 million in automobile receivables originated by CPS. The sold notes, issued by CPS Auto Receivables Trust 2024-D, consist of fi
LAS VEGAS, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company") is confirmed to present at the 2024 Annual Gateway Conference, which is being held September 4-5, at the Four Seasons Hotel in San Francisco, CA. CPS's management team is scheduled to present on Wednesday, September 4 at 10:00 a.m. Pacific Time (PT). The presentation will be webcast live and available for replay here. In addition to the presentation, CPS executives will be available for one-on-one meetings throughout the conference. For additional information, to request an invitation, or to schedule a one-on-one meeting, please email [email protected].
Revenues of $95.9 million compared to $84.9 million in the prior year periodPretax income of $6.7 millionNet income of $4.7 million, or $0.19 per diluted shareNew contract purchases of $431.9 million, compared to $318.4 million in the prior year period LAS VEGAS, NV, July 30, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company") today announced earnings of $4.7 million, or $0.19 per diluted share, for its second quarter ended June 30, 2024. This compares to a net income of $14.0 million, or $0.55 per diluted share, in the second quarter of 2023. Revenues for the second quarter of 2024 were $95.9 million, an increase of $11.0 million
Las Vegas, Nevada, July 29, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company") today announced that it will hold a conference call on Wednesday, July 31, 2024 at 1:00 p.m. ET to discuss its second quarter 2024 operating results. Those wishing to participate can pre-register for the conference call at the following link https://register.vevent.com/register/BI5a2c5e2c2a8946a5896de7685ccf8ea1**Markdig.Syntax.Inlines.HtmlEntityInline. Registered participants will receive an email containing conference call details for dial-in options. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the schedu
Revenues of $100.6 million compared to $92.1 million in the prior year periodNet income of $4.8 million, or $0.20 per diluted shareTotal portfolio balance of $3.330 billion, highest in company historyNew contract purchases of $445.9 million, compared to $322.4 million in the prior year period LAS VEGAS, NV, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company") today announced earnings of $4.8 million, or $0.20 per diluted share, for its third quarter ended September 30, 2024. Revenues for the third quarter of 2024 were $100.6 million, an increase of $8.5 million, or 9.2%, compared to $92.1 million for the third quarter of 2
LAS VEGAS, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company") today announced that it will hold a conference call on Friday, November 1, 2024 at 1:00 p.m. ET to discuss its third quarter 2024 operating results. Those wishing to participate can pre-register for the conference call at the following link https://register.vevent.com/register/BIaadcdbbe0a7849aa918eac85c86475ff. Registered participants will receive an email containing conference call details for dial-in options. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the schedule start time. A replay will be available beginning
Revenues of $95.9 million compared to $84.9 million in the prior year periodPretax income of $6.7 millionNet income of $4.7 million, or $0.19 per diluted shareNew contract purchases of $431.9 million, compared to $318.4 million in the prior year period LAS VEGAS, NV, July 30, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company") today announced earnings of $4.7 million, or $0.19 per diluted share, for its second quarter ended June 30, 2024. This compares to a net income of $14.0 million, or $0.55 per diluted share, in the second quarter of 2023. Revenues for the second quarter of 2024 were $95.9 million, an increase of $11.0 million
Las Vegas, Nevada, July 29, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company") today announced that it will hold a conference call on Wednesday, July 31, 2024 at 1:00 p.m. ET to discuss its second quarter 2024 operating results. Those wishing to participate can pre-register for the conference call at the following link https://register.vevent.com/register/BI5a2c5e2c2a8946a5896de7685ccf8ea1**Markdig.Syntax.Inlines.HtmlEntityInline. Registered participants will receive an email containing conference call details for dial-in options. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the schedu
Revenues of $91.7 million compared to $83.1 million in the prior year periodPretax income of $6.6 millionNet income of $4.6 million, or $0.19 per diluted shareNew contract purchases of $346.3 million LAS VEGAS, NV, May 10, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company") today announced earnings of $4.6 million, or $0.19 per diluted share, for its first quarter ended March 31, 2024. This compares to a net income of $13.8 million, or $0.54 per diluted share, in the first quarter of 2023. Revenues for the first quarter of 2024 were $91.7 million, an increase of $8.6 million, or 10.4%, compared to $83.1 million for the first quarter o
Pretax income of $9.8 million for the fourth quarter and $61.1 million for 2023Revenues of $92.0 million for the fourth quarter and $352.0 million for 2023Net income of $45.3 million, or $1.80 per diluted share for 2023New contract purchases of $1.358 billion for the full year 2023Largest managed portfolio balance in company history, $3.2 billion LAS VEGAS, NV, March 15, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company") today announced earnings of $7.2 million, or $0.29 per diluted share, for its fourth quarter ended December 31, 2023. This compares to a net income of $14.1 million, or $0.59 per diluted share, in the fourth quarter of
LAS VEGAS, Nevada, March 14, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company") today announced that it will hold a conference call on Monday, March 18, 2024 at 1:00 p.m. ET to discuss its fourth quarter 2023 operating results. Those wishing to participate can pre-register for the conference call at the following link https://register.vevent.com/register/BI280eff9814e7495fb11dd11c31078155. Registered participants will receive an email containing conference call details for dial-in options. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the schedule start time. A replay will be available be
Revenue of $92.1 million, compared to $90.3 million in the prior year periodPretax income of $14.2 millionNet income of $10.4 million, or $0.41 per diluted shareNew contract purchases of $322.4 million LAS VEGAS, NV, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company") today announced earnings of $10.4 million, or $0.41 per diluted share, for its third quarter ended September 30, 2023. This compares to net income of $25.4 million, or $0.95 per diluted share, in the third quarter of 2022. Revenues for the third quarter of 2023 were $92.1 million, an increase of $1.8 million, or 2.0%, compared to $90.3 million for the third
Revenues of $84.9 million compared to $82.0 million in the prior year periodPretax income of $18.6 millionNet income of $14.0 million, or $0.55 per diluted shareNew contract purchases of $318.4 million LAS VEGAS, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company") today announced earnings of $14.0 million, or $0.55 per diluted share, for its second quarter ended June 30, 2023. This compares to a net income of $25.3 million, or $0.91 per diluted share, in the second quarter of 2022. Revenues for the second quarter of 2023 were $84.9 million, an increase of $2.9 million, or 3.5%, compared to $82.0 million for the second quarter of
LAS VEGAS, Nevada, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company") today announced that it will hold a conference call on Thursday, August 3, 2023 at 3:00 p.m. ET to discuss its second quarter 2023 operating results. Those wishing to participate can pre-register for the conference call at the following link https://register.vevent.com/register/BI282f193943fc4b5fb5e1a6e02aea184c. Registered participants will receive an email containing conference call details for dial-in options. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A replay will be available
LAS VEGAS, NV, April 03, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS) ("CPS" or the "Company"), an independent specialty finance technology company that provides indirect automobile financing to individuals with past credit problems, low incomes or limited credit histories, has appointed Gateway Group, a leading strategic financial communications and capital markets advisory firm, to manage its expanded investor relations program initiatives, including providing corporate messaging and other consulting services to the Company. Gateway will work closely with CPS management to develop and deploy a comprehensive outreach and communications program. Activities will
4 - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Issuer)
4 - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Issuer)
4 - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Issuer)
4 - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Issuer)
4 - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Issuer)
4 - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Issuer)
4 - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Issuer)
4 - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Issuer)
4 - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Issuer)
4 - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Issuer)
SC 13D/A - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Subject)
SC 13D/A - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Subject)
SC 13D/A - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Subject)
SC 13D/A - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Subject)
SC 13G/A - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Subject)
SC 13D - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Subject)
SC 13G/A - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Subject)
SC 13G - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Subject)
SC 13G - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Subject)
SC 13G/A - CONSUMER PORTFOLIO SERVICES, INC. (0000889609) (Subject)