Earnings show solid growth, but rising charge-offs warrant monitoring. No guidance provided; watch for credit trends in subsequent quarters. Conference call on May 6 may offer additional color.
Price Chart
Executive Summary
Consumer Portfolio Services reported Q1 2026 revenue of $112.3M (+5.1% YoY) and net income of $5.5M (+18% YoY), driven by strong contract purchases ($533.2M, +18% YoY) and a record portfolio balance of $3.94B. However, annualized net charge-offs rose to 8.57% from 7.54% YoY, partially offsetting positive trends.
Key Financial Metrics
Key Facts
- Q1 2026 revenue $112.3M vs $106.9M Q1 2025 (+5.1%)
- Net income $5.5M vs $4.7M (+18%); diluted EPS $0.24 vs $0.19 (+26%)
- New contract purchases $533.2M, +18% YoY and +47% QoQ
- Portfolio balance $3.942B, record high
- Delinquencies (30+ days) improved to 11.58% from 12.35% YoY
- Annualized net charge-offs increased to 8.57% from 7.54% YoY
Financial Impact
Revenue +$5.4M, net income +$0.8M YoY
Risk Factors
- Rising annualized net charge-offs (8.57% vs 7.54%) could pressure margins
- Interest expense increased $5.1M YoY due to higher borrowing costs
- No forward guidance provided, limiting visibility
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001683168-26-003502 |
| Document: cps_8k.htm | 0001683168-26-003502 |
| Document: 0001683168-26-003502-index-headers.html | 0001683168-26-003502 |
| Document: 0001683168-26-003502-index.html | 0001683168-26-003502 |
| Document: 0001683168-26-003502.txt | 0001683168-26-003502 |
| 8-K Data (Synthetic) | 0001683168-26-003502 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | 8-K | $9.90 $9.30 | ▼ −6.06% | ▼ −6.77% | $9.30 (−6.06%) |
Oct 22, 2026 4d ago | Press Release | $9.90 $9.30 | ▼ −6.06% | ▼ −6.77% | $9.30 (−6.06%) |
Oct 22, 2026 4d ago | Press Release | $9.25 $9.90 | ▲ +7.03% | ▲ +7.55% | $9.30 (+0.54%) |
Oct 21, 2026 5d ago | 8-K | $9.25 $9.90 | ▲ +7.03% | ▲ +7.55% | $9.30 (+0.54%) |
Oct 19, 2026 8d ago | Court Ruling | $8.97 $8.97 | · 0.00% | ▼ −0.53% | $9.30 (+3.68%) |
Oct 13, 2026 13d ago | 8-K | $9.07 $9.17 | ▲ +1.10% | ▲ +0.82% | $9.30 (+2.54%) |
Sep 30, 2026 26d ago | DEF 14A | $9.33 $9.09 | ▼ −2.57% | ▼ −3.31% | $9.30 (−0.32%) |
Sep 3, 2026 7w ago | Insider Cluster | $8.81 $9.40 | ▼ −6.70% | ▼ −7.08% | $9.30 (−5.56%) |
Aug 21, 2026 9w ago | 8-K | $9.30 $9.16 | ▼ −1.51% | ▼ −1.21% | $9.30 (+0.00%) |
Aug 4, 2026 11w ago | Press Release | $9.18 $9.57 | ▲ +4.25% | ▲ +4.41% | $9.30 (+1.31%) |
US Market Status
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