CPS Reports Q3 Revenue of $108.4 Million and Net Income of $4.9 Million

Reuters
2025/11/11
CPS Reports Q3 Revenue of $108.4 Million and Net Income of $4.9 Million

Consumer Portfolio Services Inc. reported third quarter 2025 revenues of $108.4 million, up from $100.6 million in the same period last year. Pretax income was $7.0 million compared to $6.9 million in the prior year period. Net income for the quarter was $4.9 million, or $0.20 per diluted share, slightly higher than $4.8 million, or $0.20 per diluted share, in the third quarter of 2024. New contract purchases for the quarter totaled $391.1 million. For the nine months ended September 30, 2025, revenues reached $325.1 million, a 12.8% increase from $288.2 million for the same period in 2024. New contract purchases for the nine-month period were $1.275 billion, compared to $1.224 billion in the prior year period. Receivables totaled $3.76 billion as of September 30, 2025, up from $3.33 billion a year earlier. Annualized net charge-offs for the third quarter were 8.0% of the average portfolio, compared to 7.3% in the same quarter last year. Delinquencies over 30 days, including repossession inventory, were 14.0% of the total portfolio, compared to 14.0% a year ago.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CPS - Consumer Portfolio Services Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9572806-en) on November 10, 2025, and is solely responsible for the information contained therein.

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