CPSS news

Consumer Portfolio Services reported a 50% jump in diluted EPS, a 43% increase in net income, and record $4.71 billion in portfolio value, driven by a 109% surge in loan originations.

Consumer Portfolio Services announced the closing of a $767.85 million securitization backed by auto receivables, continuing a streak of AAA-rated transactions. This represents the company's 111th securitization.

Consumer Portfolio Services, Inc. increased its revolving credit facility capacity from $390 million to $518 million. This marks the first time the company has held over $1 billion in total credit capacity.

CPS provided an updated Q4 investor presentation highlighting its managed portfolio of $4.43 billion. The firm focuses on sub-prime auto financing and employs advanced AI and machine learning for risk management.

CPS closed an $80M securitization of residual interests secured by notes from prior offerings and a majority-owned affiliate, replacing higher cost financing. This private placement enhances liquidity and cost structures.

Consumer Portfolio Services reported second-quarter 2026 net income grew 30% to $6.2 million on strong revenue and $758 million of new contract purchases, eclipsing $4 billion in portfolio balance.

Consumer Portfolio Services, Inc. announced its largest asset-backed securitization to date worth $716.88 million, continuing a streak of 'triple A' rated transactions.

CPS renewed its revolving credit agreement with Citibank, N.A. and increased capacity to $508 million. This expanded line of credit provides liquidity to support future auto receivable origination.

TotalStone LLC and affiliated entities amended their revolving credit and term loan agreement with Beacon Bank & Trust, extending the maturity date to December 31, 2026. The amendment modifies existing credit terms while maintaining the security agreement framework established in December 2017.

CPS Technologies amended its Certificate of Incorporation to increase authorized Common Stock from an unspecified amount to 25 million shares at $0.01 par value, approved by stockholders on May 27, 2026. The amendment also authorizes 5 million Preferred Stock shares, providing flexibility for future…

CPS, a subprime auto finance company, presented investor materials highlighting its $4.06B managed portfolio, 58 consecutive profitable quarters, and advanced AI/ML capabilities for credit risk assessment. The company continues to serve as a financing alternative for subprime auto buyers through dea…