Consumer Portfolio Services reports 18% net income rise to $5.5M in Q1 2026 with record $3.94B portfolio.

Consumer Portfolio Services, Inc. announced an 18% increase in net income to $5.5 million for Q1 2026, driven by a 5.1% revenue rise to $112.3 million and record portfolio balance of $3.942 billion. New contract purchases grew 18% year-over-year to $533.2 million, reflecting strong origination volumes. Delinquencies improved slightly to 11.58%, though net charge-offs rose to 8.57%. The company plans to focus on margin expansion and credit performance as it continues portfolio growth.