CPSS Consumer Portfolio Services Inc.

CPS POSTPONES CONFERENCE CALL ON FOURTH QUARTER 2019 EARNINGS

CPS POSTPONES CONFERENCE CALL ON FOURTH QUARTER 2019 EARNINGS

Las Vegas, Nevada, March 16, 2020 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that due to the uncertainty and concerns associated with the Covid-19 outbreak it has postponed the call previously scheduled for  Tuesday, March 17, 2020 at 1:00 p.m. ET to discuss its fourth quarter 2019 operating results.

About Consumer Portfolio Services, Inc.

Consumer Portfolio Services, Inc. is an independent specialty finance company that provides indirect automobile financing to individuals with past credit problems or limited credit histories. We purchase retail installment sales contracts primarily from franchised automobile dealerships secured by late model used vehicles and, to a lesser extent, new vehicles. We fund these contract purchases on a long-term basis primarily through the securitization markets and service the contracts over their lives.

Investor Relations Contact

Jeffrey P. Fritz, Chief Financial Officer

844-878-2777

 

EN
16/03/2020

Underlying

CPSSConsumer Portfolio Services Inc.

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Reports on Consumer Portfolio Services Inc.

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CPSS Consumer Portfo...

CPS Announces $319.9 Million Senior Subordinate Asset-Backed Securitiz...

CPS Announces $319.9 Million Senior Subordinate Asset-Backed Securitization LAS VEGAS, Nevada, April 23, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) announced the closing of its second term securitization in 2024 on Tuesday April 23, 2024. The transaction is CPS's 51st senior subordinate securitization since the beginning of 2011 and the 34th consecutive securitization to receive a triple “A” rating from at least two rating agencies on the senior class of notes. In the transaction, qualified institutional buyers purchased $319.9 mill...

April 23, 2024 1 EN
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CPSS Consumer Portfo...

Consumer Portfolio Services Appoints Gateway to Lead Expanded Investor...

Consumer Portfolio Services Appoints Gateway to Lead Expanded Investor Relations Program LAS VEGAS, NV, April 03, 2024 (GLOBE NEWSWIRE) -- (Nasdaq: CPSS) (“CPS” or the “Company”), an independent specialty finance technology company that provides indirect automobile financing to individuals with past credit problems, low incomes or limited credit histories, has appointed , a leading strategic financial communications and capital markets advisory firm, to manage its expanded investor relations program initiatives, including providing corporate messaging and other consulting services to the...

April 3, 2024 1 EN
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CPSS Consumer Portfo...

CPS Announces Renewal of $200 Million Credit Facility

CPS Announces Renewal of $200 Million Credit Facility LAS VEGAS, Nevada, April 01, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that on March 29, 2024, it renewed its two-year revolving credit agreement with Ares Agent Services, L.P. Loans under the renewed credit agreement will be secured by automobile receivables that CPS now holds, will originate directly, or will purchase from dealers in the future. CPS may borrow on a revolving basis through March 31, 2026, after which CPS will have the option to repay the outstan...

April 1, 2024 1 EN
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CPSS Consumer Portfo...

CPS Announces $50.0 Million Securitization of Residual Interests

CPS Announces $50.0 Million Securitization of Residual Interests LAS VEGAS, Nevada, March 22, 2024 (GLOBE NEWSWIRE) --  Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced the closing of a $50.0 million securitization of residual interests from previously issued securitizations. In the transaction, a qualified institutional buyer purchased $50.0 million of asset-backed notes secured by an 80% interest in a CPS affiliate that owns the residual interests in five CPS securitizations issued from January 2022 through January 2023. Collateral for the note...

March 22, 2024 1 EN
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CPSS Consumer Portfo...

CPS Announces Fourth Quarter and Full Year 2023 Earnings

CPS Announces Fourth Quarter and Full Year 2023 Earnings Pretax income of $9.8 million for the fourth quarter and $61.1 million for 2023Revenues of $92.0 million for the fourth quarter and $352.0 million for 2023Net income of $45.3 million, or $1.80 per diluted share for 2023New contract purchases of $1.358 billion for the full year 2023Largest managed portfolio balance in company history, $3.2 billion LAS VEGAS, NV, March 15, 2024 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced earnings of $7.2 million, or $0.29 per dil...

March 15, 2024 1 EN

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