---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-001508"
form_type: "8-K"
ticker: "CPSS"
cik: "0000889609"
company_name: "CONSUMER PORTFOLIO SERVICES, INC."
filed_at: "2024-03-18T23:59:59+00:00"
generated_at: "2026-06-04T16:23:22.409959+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CPSS Q4 net income falls to $7.2M from $14.1M YoY; full-year EPS $1.80 from $3.23

## Summary
- Q4 2023 EPS $0.29 vs $0.59 in Q4 2022; revenue $92.0M (+10.8% YoY).
- Full-year 2023 net income $45.3M ($1.80/diluted) vs $86.0M ($3.23) in 2022.
- Pretax income down to $9.8M (Q4) and $61.1M (full year) from $18.3M and $116.2M.
- New contract purchases $301.8M in Q4 vs $428.1M a year ago (-29.5%).
- Annualized net charge-offs 7.74% (Q4) vs 5.83% YoY; delinquencies 14.55% vs 12.68%.

## SEC filing metadata
- accession: 0001683168-24-001508
- form_type: 8-K
- ticker: CPSS
- cik: 0000889609
- company_name: CONSUMER PORTFOLIO SERVICES, INC.
- filed_at: 2024-03-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/889609/000168316824001508/0001683168-24-001508-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/889609/000168316824001508/cps_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-001508
- JSON: https://secwatch.observer/filing/0001683168-24-001508.json
- Plain text: https://secwatch.observer/filing/0001683168-24-001508.txt

## Key facts
- Earnings Releases
  CONSUMER PORTFOLIO SERVICES, INC. reported year ended December 31, 2023 results: revenue $352.0 million, net income $45.3 million, EPS $1.80 per diluted share.
  - Period: year ended December 31, 2023
  - Revenue: $352.0 million
  - Net income: $45.3 million
  - EPS: $1.80 per diluted share
  - Result: reported results
  source text: QUARTER AND FULL YEAR 2023 EARNINGS · Pretax income of $9.8 million for the fourth quarter and $61.1 million for 2023 · Revenues of $92.0 million for the fourth quarter and $352.0 million for 2023 · Net income of $45.3 million, or $1.80 per diluted share for 2023 · New contract purchases of $1.358 billion for the full year 2023 · Largest managed portfolio balance
  evidence_url: https://www.sec.gov/Archives/edgar/data/889609/000168316824001508/0001683168-24-001508-index.htm

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