---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-005233"
form_type: "8-K"
ticker: "CPSS"
cik: "0000889609"
company_name: "CONSUMER PORTFOLIO SERVICES, INC."
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T10:35:23.497425+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Consumer Portfolio Services Q2 net income falls to $14.0M from $25.3M; EPS $0.55 vs $0.91

## Summary
- Revenue rose 3.5% to $84.9M, but operating expenses jumped to $66.3M from $47.8M.
- New contract purchases dropped to $318.4M from $548.1M a year ago.
- Annualized net charge-offs increased to 6.29% from 3.51%; delinquencies >30 days rose to 11.72% from 9.71%.
- Loan portfolio grew to $2.91B from $2.56B a year ago.

## SEC filing metadata
- accession: 0001683168-23-005233
- form_type: 8-K
- ticker: CPSS
- cik: 0000889609
- company_name: CONSUMER PORTFOLIO SERVICES, INC.
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/889609/000168316823005233/0001683168-23-005233-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/889609/000168316823005233/cps_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-005233
- JSON: https://secwatch.observer/filing/0001683168-23-005233.json
- Plain text: https://secwatch.observer/filing/0001683168-23-005233.txt

## Key facts
- Earnings Releases
  CONSUMER PORTFOLIO SERVICES, INC. reported six months ended June 30, 2023 results: revenue $168.0 million, net income $27.8 million.
  - Period: six months ended June 30, 2023
  - Revenue: $168.0 million
  - Net income: $27.8 million
  - Result: reported results
  source text: For the six months ended June 30, 2023 total revenues were $168.0 million compared to $156.4 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/889609/000168316823005233/0001683168-23-005233-index.htm
- Earnings Releases
  CONSUMER PORTFOLIO SERVICES, INC. reported second quarter ended June 30, 2023 results: revenue $84.9 million, net income $14.0 million, EPS $0.55 per diluted share.
  - Period: second quarter ended June 30, 2023
  - Revenue: $84.9 million
  - Net income: $14.0 million
  - EPS: $0.55 per diluted share
  - Result: reported results
  source text: for dial-in options. --- EX-99.1 (NEWS RELEASE) --- EX-99.1 2 cps_ex9901.htm NEWS RELEASE Exhibit 99.1 NEWS RELEASE CPS ANNOUNCES SECOND QUARTER 2023 EARNINGS § Revenues of $84.9 million compared to $82.0 million in the prior year period § Pretax income of $18.6 million § Net income of $14.0 million, or $0.55 per diluted share § New contract purchases of $318.4
  evidence_url: https://www.sec.gov/Archives/edgar/data/889609/000168316823005233/0001683168-23-005233-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.