Consumer Portfolio Services, INC 8-K filings

Consumer Portfolio Services held its annual shareholder meeting on November 12, 2024, electing nine directors and ratifying the appointment of Crowe LLP as independent auditors.

Consumer Portfolio Services (CPS) highlights its managed portfolio growth, AI-driven lending advancements, and strong financial performance in a recent investor presentation.

Consumer Portfolio Services has amended its revolving credit agreement, increasing its borrowing capacity to $225 million to support the purchase of automobile receivables.

Consumer Portfolio Services, Inc. announced increased revenue and portfolio size for Q3 2024, but experienced a decline in net income compared to the previous year.

Consumer Portfolio Services, Inc. has successfully closed its fourth securitization of 2024, issuing $416.82 million in asset-backed notes secured by $436 million in auto receivables.

Consumer Portfolio Services (CPS) highlights a managed portfolio of $3.4 billion, 51 consecutive profitable quarters, and a strategic focus on AI-driven lending in its latest investor presentation.

Consumer Portfolio Services, Inc. announced a revenue increase of 13% year-over-year for the second quarter of 2024, but net income decreased significantly compared to the same period last year.

Consumer Portfolio Services announces the retirement of Laurie A. Straten, Executive Vice President of Servicing, effective July 18, 2024, who will remain with the company as a non-executive employee.

Consumer Portfolio Services, Inc. has successfully renewed its $200 million revolving credit agreement with Citibank, N.A., extending its borrowing capacity for another two years.

Consumer Portfolio Services has successfully closed a $436.31 million asset-backed securitization, marking its 52nd such transaction since 2011.

Consumer Portfolio Services (CPS) highlights a growing managed portfolio, driven by AI-powered origination and a strong demand for subprime auto loans.

Consumer Portfolio Services, Inc. announced a revenue increase of 10.4% year-over-year for Q1 2024, but net income decreased significantly compared to the same period last year.

Consumer Portfolio Services, Inc. has successfully closed its second securitization of 2024, issuing $319.9 million in asset-backed notes backed by $337.2 million in subprime auto receivables.

Consumer Portfolio Services has disclosed the final non-equity incentive plan compensation for its named executive officers for fiscal year 2023, along with the CEO pay ratio.

Consumer Portfolio Services (CPS) highlights a record managed portfolio, driven by AI-powered originations and strong demand for subprime auto loans.

Consumer Portfolio Services, Inc. has renewed its $200 million revolving credit agreement, securing funding for future automobile receivable purchases.

Consumer Portfolio Services, Inc. has successfully completed a $50 million securitization of residual interests from prior securitizations.

Consumer Portfolio Services, Inc. announced its 2023 earnings, showing a record managed portfolio balance but a decrease in net income compared to the previous year.

Consumer Portfolio Services successfully closed a $280.9 million asset-backed securitization backed by $300.6 million in subprime auto receivables.