Quarterly ResultAug 7, 2026, 02:21 PM
CONSUMER PORTFOLIO SERVICES Q2 Net Income $6.23M, EPS $0.29
AI Summary
CONSUMER PORTFOLIO SERVICES, INC. reported a significant increase in net income for the second quarter of 2026, reaching $6.23 million compared to $4.80 million in the same period last year. Basic earnings per share also rose to $0.29 from $0.22. The company demonstrated strong growth in total assets, which climbed to $4.42 billion, and shareholders' equity, which increased to $319.25 million. Furthermore, net cash provided by operating activities for the first half of 2026 saw a substantial improvement, and the company confirmed compliance with all financial covenants.
Key Highlights
- Net income for Q2 2026 increased to $6.23 million from $4.80 million in Q2 2025.
- Basic EPS for Q2 2026 rose to $0.29 from $0.22 in Q2 2025.
- Diluted EPS for Q2 2026 increased to $0.27 from $0.20 in Q2 2025.
- Total assets grew to $4.42 billion as of June 30, 2026, from $3.86 billion at December 31, 2025.
- Shareholders' equity increased to $319.25 million as of June 30, 2026, from $309.54 million at December 31, 2025.
- Net cash provided by operating activities for H1 2026 was $189.87 million, up from $128.33 million in H1 2025.
- The company purchased 400,492 shares of common stock for an average price of $9.22 during H1 2026.
- The company was in compliance with all financial covenants as of June 30, 2026.
Price Impact
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