Consumer Portfolio Services Announces Third Quarter 2026 Results
Key Highlights
- ➤Diluted EPS rose 50% to $0.30 in Q3 2026
- ➤Loan originations surged 108.5% to $815.3 million
- ➤Owned loan portfolio reached a record $4.711 billion, up 25.3%
- ➤Total delinquencies declined to 12.29% from 13.96%
- ➤Warehouse credit capacity increased to $508 million from $335 million
Expert Statements
Charles E. Bradley, Chief Executive Officer of Consumer Portfolio Services
“Our accelerating origination volume is demonstrating strong operating leverage in our business, as increases to net income are outpacing revenue and driving solid financial results. Both the broadening of our dealership network and the deepening of relationships with existing dealers allows us to accelerate origination volume and capture market share, while remaining selective on the contracts we purchase.”
LAS VEGAS, NV, Oct. 22, 2026 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”), an independent specialty finance company, today announced financial results for the third quarter and nine months ended September 30, 2026.
THIRD QUARTER 2026 FINANCIAL AND OPERATIONAL HIGHLIGHTS * Diluted Earnings Per Share Increase: 50% increase to $0.30 per share, over Q3 2025. * Net Income Expansion: Net Income of $7.0 million, up 43% from Q3 2025. * Accelerating Revenue: Total Revenue of $131.9 million, an increase of 22% over Q3 2025. * Triple-Digit Loan Origination Growth: New loan origination volume increased 109% year-over- year to $815 million of automobile contracts purchased in Q3 2026. * Record Portfolio Size: Total owned portfolio reached a record $4.71 billion as of Q3 2026, up 25% from Q3 2025. * Delinquency Contraction: Total delinquencies as of Q3 2026 finished at 12.29%, a decrease from 13.96% as of Q3 2025. * Strengthening Collateral Recovery Rates: Net recovery rates at auctions rose to 32% as of Q3 2026, up from 29% as of Q3 2025. Chief Executive Officer Commentary “Our accelerating origination volume is demonstrating strong operating leverage in our business, as increases to net income are outpacing revenue and driving solid financial results, “said Charles E. Bradley, Chief Executive Officer. “Both the broadening of our dealership network and the deepening of relationships with existing dealers allows us to accelerate origination volume and capture market share, while remaining selective on the contracts we purchase.”
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