CPS Q2 FY26 net income rises 29.17% to $6.2 million; revenue increases 10.56% to $121.4 million
Reuters2026/08/25 18:18Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Consumer Portfolio Services posted Q2 net income of $6.2 million, up 29.17% year over year; diluted EPS rose to $0.27 from $0.20.
- Revenue climbed 10.56% to $121.4 million, driven by interest income of $118.1 million; pretax income increased to $9 million from $7 million.
- Auto contract purchases surged 75% to $757.7 million, lifting the total portfolio to $4.31 billion from $3.71 billion.
- Annualized net charge-offs narrowed to 12.16% from 13.14%, while 30+ day delinquencies edged down to 7.28% from 7.45%.
- Net interest margin widened to 5.2% from 5%, as interest expense eased to 6.1% of average portfolio from 6.4%.
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 on August 25, 2026, and is solely responsible for the information contained therein.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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