The accelerating origination volume (+109% YoY) combined with improving credit metrics (delinquencies -167bps, charge-offs -75bps) and expanded warehouse capacity ($508M) suggests strong operating momentum. Monitor the Q4 2026 securitization pipeline and whether the delinquency improvement trend continues, as subprime auto credit conditions remain a key risk factor.
Price Chart
Executive Summary
Consumer Portfolio Services reported strong Q3 2026 results with EPS of $0.30 (up 50% YoY), revenue of $131.9M (up 22% YoY), and net income of $7.0M (up 43% YoY). Loan origination volume more than doubled to $815M, while credit metrics improved with delinquencies falling to 12.29% and net charge-offs declining to 7.26%. The company also closed its largest-ever securitization and expanded a warehouse line by 52% to $508M, signaling robust funding capacity for continued growth.
Key Financial Metrics
Key Facts
- Diluted EPS of $0.30, up 50% from $0.20 in Q3 2025
- Total revenue of $131.9M, up 22% from $108.4M in Q3 2025
- Net income of $7.0M, up 43% from $4.9M in Q3 2025
- Loan origination volume of $815.3M, up 108.5% YoY
- Total owned portfolio reached record $4.71B, up 25.3% YoY
- Total delinquencies decreased to 12.29% from 13.96% YoY
- Annualized net charge-offs fell to 7.26% from 8.01% YoY
- Net recovery rates at auction improved to 32.0% from 28.7% YoY
- Closed 110th securitization, the largest in company history
- Renewed warehouse line of credit, increasing capacity to $508M from $335M
Financial Impact
Revenue up $23.5M YoY to $131.9M; net income up $2.1M YoY to $7.0M; EPS up $0.10 YoY to $0.30
Risk Factors
- Subprime auto credit risk: delinquencies at 12.29% remain elevated despite improvement
- Funding dependence on securitization markets: any disruption could impact origination growth
- Interest rate sensitivity: interest expense comprised 58% of operating expenses
- Used vehicle price declines could pressure recovery rates and collateral values
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3386937 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 2d ago | 8-K | $9.52 | awaiting T+1 | — | $9.90 (+3.99%) |
Oct 22, 2026 3d ago | Press Release | $9.25 | awaiting T+1 | — | $9.90 (+7.03%) |
Oct 22, 2026 3d ago | Press Release | $9.25 $9.90 | ▲ +7.03% | ▲ +7.55% | $9.90 (+7.03%) |
Oct 21, 2026 4d ago | 8-K | $9.25 $9.90 | ▲ +7.03% | ▲ +7.55% | $9.90 (+7.03%) |
Oct 19, 2026 7d ago | Court Ruling | $8.97 $8.97 | · 0.00% | ▼ −0.53% | $9.90 (+10.37%) |
Oct 13, 2026 12d ago | 8-K | $9.07 $9.17 | ▲ +1.10% | ▲ +0.82% | $9.90 (+9.15%) |
Sep 30, 2026 25d ago | DEF 14A | $9.33 $9.09 | ▼ −2.57% | ▼ −3.31% | $9.90 (+6.11%) |
Sep 3, 2026 7w ago | Insider Cluster | $8.81 $9.40 | ▼ −6.70% | ▼ −7.08% | $9.90 (−12.37%) |
Aug 21, 2026 9w ago | 8-K | $9.30 $9.16 | ▼ −1.51% | ▼ −1.21% | $9.90 (+6.45%) |
Aug 4, 2026 11w ago | Press Release | $9.18 $9.57 | ▲ +4.25% | ▲ +4.41% | $9.90 (+7.84%) |
US Market Status
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