Consumer Portfolio Services, Inc. reported second quarter 2026 earnings with net income increasing 30% to $6.2 million, or $0.27 per diluted share, compared to $4.8 million in the prior year period. Revenues rose 10.6% to $121.4 million from $109.8 million, while pretax income grew 30% to $9.0 million. The company purchased $757.7 million of new contracts, a 75% increase year-over-year, bringing the total portfolio balance to $4.31 billion as of June 30, 2026. Delinquencies greater than 30 days decreased to 12.16% from 13.14%, and annualized net charge-offs improved to 7.28%. The company will host a conference call on August 5, 2026, to discuss these results. Consumer Portfolio Services is an independent specialty finance company that provides indirect automobile financing to individuals with past credit problems or limited credit histories.
