Every material Form 8-K CONSUMER PORTFOLIO SERVICES, INC. has filed with the SEC since October 13, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Consumer Portfolio Services reported third quarter 2026 revenue of $131.9 million, up 21.7%, and net income of $7.0 million, up 43.3% from a year earlier. Diluted earnings per share were $0.30, up from $0.20, and the company said net income grew faster than revenue as loan origination volume increased. Shareholders should note that operating expenses also rose, mainly from interest expense tied to higher loan volume.
Diluted EPS was $0.30 for Q3 2026, up 50% from $0.20 in Q3 2025; nine-month diluted EPS was $0.80 versus $0.59.
Total revenue was $131.9 million, up from $108.4 million; total operating expenses were $121.8 million, up from $101.4 million.
Contracts purchased rose 108.5% to $815.3 million, and the loan portfolio reached $4.711 billion, up 25.3%.
Conference call and webcast are scheduled for October 26, 2026, at 1:00 p.m. ET.
On October 21, 2026, Consumer Portfolio Services sold $797.36 million of subprime auto receivables to CPS Auto Receivables Trust 2026-D, which issued $767.85 million of asset-backed notes in five classes. The filing says the notes are properly treated as long-term debt obligations of CPS, even though they are obligations only of the trust, so the deal adds to the company's long-term borrowings.
Notes total $767.85 million across five classes, with fixed rates from 5.14% to 8.56% and a weighted average coupon of approximately 6.68%.
The receivables pool totals $797.36 million; the initial credit enhancement is a 1.00% cash reserve plus 3.70% overcollateralization.
The transaction is CPS's fourth term securitization in 2026 and its 111th in company history, closing on October 21, 2026.
CPS will continue as servicer of the receivables, and the trustee may accelerate the notes if an event of default occurs.
Consumer Portfolio Services amended its revolving warehouse credit agreement on October 9, 2026, raising the maximum amount outstanding at any time from $390 million to $518 million. The company says the larger facility supports growth in its auto lending programs and that total credit capacity across its facilities is now $1.026 billion, the first time it has exceeded $1 billion.
Maximum outstanding capacity increased from $390 million to $518 million under the amended Credit Agreement with Capital One, N.A. and a Class B Lender
Total credit capacity across CPS facilities is $1.026 billion
Revolving borrowing available through October 17, 2027, followed by an option to repay in full or amortize over eighteen months
Loans bear interest at a floating rate set as a margin above the secured overnight financing rate and are secured by auto receivables
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