Quarterly ResultMay 8, 2026, 04:01 PM
Consumer Portfolio Services Q1 Net Income +18% to $5.54M; EPS $0.25
AI Summary
Consumer Portfolio Services reported a strong first quarter for 2026, with net income increasing by 18% year-over-year to $5.54 million and diluted EPS rising to $0.24. The company saw a 5.1% increase in total revenues and a significant improvement in finance receivable delinquency rates. Additionally, the company completed a $50 million securitization of residual interests and repurchased $1.24 million of common stock.
Key Highlights
- Net income for Q1 2026 increased 18% to $5.54 million from $4.69 million in Q1 2025.
- Diluted earnings per share rose 26.3% to $0.24 in Q1 2026, up from $0.19 in Q1 2025.
- Total revenues increased 5.1% to $112.33 million in Q1 2026, compared to $106.87 million in Q1 2025.
- Net cash provided by operating activities grew 13.4% to $83.78 million in Q1 2026.
- Finance receivables measured at fair value increased to $3.84 billion as of March 31, 2026.
- Total stock repurchases amounted to 146,622 shares for $1.24 million in Q1 2026.
- Total delinquent finance receivables (31+ days and repo) decreased by $101.63 million.
- Completed a $50 million securitization of residual interests on March 4, 2026.
Price Impact
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