Consumer Portfolio Services (CPSS) investor relations material

Executive summary

• Revenues for Q1 2026 reached $112.3 million, up 5.1% year-over-year, driven by higher interest income and a larger loan portfolio.

• Net income increased 18% to $5.5 million, with diluted EPS up 22% to $0.24.

• Loan originations grew 18% year-over-year to $533 million, with March contributing $250 million.

• Managed portfolio reached a record $3.942 billion as of March 31, 2026.

• Securitization program remains strong, with a $345.6 million deal completed and a $50 million residual interest securitization in March 2026.

Financial highlights

• Interest income rose 6.7% to $108.7 million, reflecting a 7.9% increase in average loan portfolio balance.

• Pretax earnings were $8 million, up 18% year-over-year.

• Operating expenses increased to $104.3 million, mainly due to higher interest expense.

• Net interest margin was 4.6%–5.1%, slightly down from the prior year.

• Shareholders’ equity increased to $314.4 million.

Outlook and guidance

• Growth momentum from Q1 is expected to continue into Q2, with management focused on margin expansion and credit performance.

• Liquidity management will focus on matching contract purchase rates to available capital and minimizing operating costs.

• Expansion of warehouse credit facilities and recent securitizations support ongoing growth.