Consumer Portfolio Services, Inc. (CPS) completed its fourth term securitization of 2026, issuing $767.85 million in asset-backed notes secured by $797.36 million in auto loans. This marks CPS's 61st senior subordinate securitization since 2011 and the 44th consecutive one with a triple-A rating on senior notes from Moody’s and DBRS Morningstar. The notes have varying interest rates and maturities, with an average coupon of about 6.68%. This transaction strengthens CPS's funding capacity for financing auto loans, particularly for borrowers with past credit issues or limited credit history.
Consumer Portfolio Services' recent securitization deal provides context for financial markets. For readers following Financials, here is Pluang's market snapshot as of Oct 22, 2026 00:51 WIB: Among 142 priced US Financials-sector stocks tradable on Pluang, 108 rose and 34 fell today. Notable movers include HOOD at USD 102.35 with a 4.22% increase and a typical hold time of 76 days, COF at USD 209.45 up 3.91% with 96% buy order activity, and RIOT at USD 14.30 rising 3.85% with a 17-day typical hold time.
Brown & Brown, Inc. announced a 9% increase in its quarterly cash dividend to $0.18 per share, payable on November 11, 2026, to shareholders of record as of November 4, 2026. This marks the company's 33rd consecutive year of dividend increases, refle...
Axe Compute Inc. announced that its Compensation Committee approved stock option grants totaling 100,000 shares to three newly hired non-executive employees as inducements for joining the company. The options were granted on October 15, 2026, with an...
StorageVault Canada Inc. announced a 9.0% increase in year-to-date revenue and an 8.7% rise in net operating income (NOI) for Q3 2026, with adjusted funds from operations (AFFO) up 7.8%. Despite a challenging economic environment, strong customer dem...
National Healthcare Properties (NHP) announced that Lindsay Gordon, its Executive Vice President and Head of Senior Housing, has been elected to the executive board of the American Senior Housing Association (ASHA). ASHA is a leading national organiz...
Akzo Nobel reported Q3 2026 earnings with revenue of $2.85 billion and EPS of $0.38, both below analyst estimates of $2.96 billion and $0.42 respectively. Despite these misses, the company's core profit exceeded expectations, indicating underlying st...
