BNET Industries
Consumer Portfolio Service Inc. (CPSS) is in the Financial Services Industry
- Revenue
- Dec 31 2007
- $394.5M
- Profit
- Dec 31 2007
- $13.8M
- Market Cap
- Jul 23 2008
- $40.7M
Latest News and Analysis
Consumer Portfolio Services, Inc. Reports 2008 Second Quarter Earnings
Consumer Portfolio Services, Inc. (NASDAQ: CPSS)("CPS" or the "Company") today announced earnings for its second quarterended June 30, 2008. Total revenues for the second quarter of 2008 increased approximately $3.0million, or 3.1%, to $98.8 million, compared to $95.8 million for thesecond quarter of 2007. Total operating expenses for the...
CPS Announces New Financing Activity
IRVINE, Calif. -- Consumer Portfolio Services, Inc. (Nasdaq:CPSS) today announced that it has received the additional $15 million in senior secured financing from an affiliate of Levine Leichtman Capital Partners ("LLCP") as a follow-up to last week's $10 million financing. The Company borrowed a total of $25 million from LLCP....
Consumer Portfolio Services, Inc. Announces 2008 2nd Quarter Earnings Conference Call- Wednesday, July 16, 2008
IRVINE, Calif. -- Consumer Portfolio Services, Inc. (Nasdaq:CPSS) today announced that it will release its 2008 2nd quarter earnings after the market closes Tuesday, July 15, 2008. Management will then host a conference call on Wednesday, July 16, 2008 at 1:30 p.m. EDT to discuss the earnings. Dial-in...
CPS Announces $10 Million Financing
IRVINE, Calif. -- Consumer Portfolio Services, Inc. (Nasdaq:CPSS) today announced that it has closed a new $10 million senior secured financing with an affiliate of Levine Leichtman Capital Partners ("LLCP"). The Company can receive an additional $15 million in financing if certain terms and conditions are met. LLCP received in...
CPS to Present at The Seventh Annual JMP Securities Research Conference
Consumer Portfolio Services, Inc. ("CPS")(NASDAQ: CPSS) today announced that Charles E. Bradley, Jr., President andChief Executive Officer, and Robert E. Riedl, Chief Investment Officer,will be presenting at The Seventh Annual JMP Securities Research Conferenceon Tuesday, May 20, 2008, at 10:30 a.m. Pacific Time. The audio webcast of the presentation can...
Consumer Portfolio Services, Inc. Reports 2008 First Quarter Earnings
IRVINE, Calif. -- Consumer Portfolio Services, Inc. (Nasdaq:CPSS) ("CPS" or the "Company") today announced earnings for its first quarter ended March 31, 2008. Total revenues for the first quarter of 2008 increased approximately $16.8 million, or 19.4%, to $103.3 million, compared to $86.5 million for the first quarter...
CPS Announces $310.4 Million Securitization
Consumer Portfolio Services, Inc. (NASDAQ: CPSS)("CPS" or the "Company") announced that it closed a term securitizationtransaction yesterday, issuing $244.4 million of triple A notes backed byautomotive receivables. In the term transaction, qualified institutional buyers purchased$244,409,000 of notes backed by automotive receivables purchased by CPS.The notes, issued by CPS Auto Receivables...
Consumer Portfolio Services, Inc. Announces 2008 1st Quarter Earnings Conference Call- Wednesday, April 16, 2008
IRVINE, Calif. -- Consumer Portfolio Services, Inc. (Nasdaq:CPSS) today announced that it will release its 2008 1st quarter earnings after the market closes Tuesday, April 15, 2008. Management will then host a conference call on Wednesday, April 16, 2008 at 1:30 p.m. ET to discuss the earnings. Dial-in...
Subprime Auto Lender Dinged But Holds Up
FINANCE: Shares down, more bad loans, but bonds still selling For a company that deals in subprime loans, Irvine's Consumer Portfolio Services Inc. seems to be holding up. The key indicator: Wall Street's appetite for auto loans packaged as bonds has eased but hasn't gone away...
Consumer Portfolio Services, Inc. Reports 2007 Fourth Quarter and Full-Year Earnings
IRVINE, Calif. -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) ("CPS" or the "Company") today announced earnings for its fourth quarter and year ended December 31, 2007. Pretax income for the fourth quarter of 2007 increased to $6.0 million, compared to pretax income of $4.5 million for the fourth...
Consumer Portfolio Services, Inc., Announces 2007 Fourth-Quarter and Full-Year Earnings Conference Call — Wednesday, February 13, 2008
IRVINE, Calif. -- Consumer Portfolio Services, Inc. (NASDAQ:CPSS), today announced that it will release its 2007 fourth-quarter and full-year earnings after the market closes Tuesday, February 12, 2008. Management will then host a conference call on Wednesday, February 13, 2008, at 1:30 p.m. ET to discuss the earnings. ...
CPS Announces Completion of Sale of LLCP Shares
IRVINE, Calif. -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) today announced that Levine Leichtman Capital Partners II, L.P. ("LLCP") has completed its sale in the open market of the remaining common shares of CPS it previously held. At one point LLCP owned over 4.5 million shares, but that stake now...
CPS to Present at the FBR Capital Markets Investor Conference
IRVINE, Calif. -- Consumer Portfolio Services, Inc. ("CPS") (Nasdaq:CPSS) today announced that Charles E. Bradley, Jr., President and Chief Executive Officer, and Robert E. Riedl, Chief Investment Officer, will be presenting at the FBR Capital Markets Investor Conference on Wednesday, November 28, at 2:05 p.m. Eastern Time. The...
CPS Announces Renewal of Senior Credit Facility
IRVINE, Calif. -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) today announced that on November 8, 2007 it renewed one of its $200 million senior revolving warehouse credit facilities for a year. The Company currently has $400 million in total senior warehouse capacity. "We are pleased with the renewal...
CONSUMER PORTFOLIO SERVICES INC.
In three years, Irvine-based Consumer Portfolio Services Inc. has grown its revenue nearly 300% arranging auto loans for subprime borrowers. The company posted sales of $450 million for the 12 months ended June. Three years ago it did about $114 million in revenue. The company ranks No. 12...
Consumer Portfolio Services, Inc. Reports 2007 Third Quarter Earnings
IRVINE, Calif. -- Consumer Portfolio Services, Inc. (Nasdaq:CPSS) ("CPS" or the "Company") today announced earnings for its third quarter ended September 30, 2007. Pretax income for the third quarter of 2007 increased to $6.3 million, compared to pretax income of $4.3 million for the comparable quarter ended September...
Consumer Portfolio Services, Inc. Announces 2007 Third Quarter Earnings Conference Call- Thursday, October 18, 2007
IRVINE, Calif. -- Consumer Portfolio Services, Inc. (Nasdaq:CPSS) today announced that it will release its 2007 third quarter earnings after the market closes Wednesday, October 17, 2007. Management will then host a conference call on Thursday, October 18, 2007, at 1:30 p.m. ET to discuss the earnings. Dial-in...
CPS Announces $327.5 Million Securitization and Renewal of Credit Facility
IRVINE, Calif. -- Consumer Portfolio Services, Inc. (Nasdaq:CPSS) ("CPS" or the "Company") announced that it closed a term securitization transaction today, issuing $294.750 million of investment grade notes backed by automotive receivables. The Company also announced that it has renewed one of its $200 million revolving warehouse credit facilities. The...
Consumer Portfolio Services Announces Repurchase of 1.5 Million Shares
IRVINE, Calif. -- Consumer Portfolio Services, Inc. (Nasdaq:CPSS) announced that it has repurchased 1.5 million shares of CPS common stock at a price of $5.00 per share from Levine Leichtman Capital Partners II, L.P. ("LLCP"). Charles E. Bradley, Jr., President and Chief Executive Officer, said, "CPS believes the market is...
Consumer Portfolio Services, Inc. Reports 2007 Second Quarter Earnings
IRVINE, Calif. -- Consumer Portfolio Services, Inc. (Nasdaq:CPSS) ("CPS" or the "Company") today announced earnings for its second quarter ended June 30, 2007. Pretax income for the second quarter of 2007 increased to $6.2 million, compared to pretax income of $2.6 million for the comparable quarter ended June...
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- Incorporated: 1991
- CEO: Mr. Charles E. Bradley Jr.
Consumer Portfolio Services is a specialty finance company engaged in purchasing and servicing retail automobile contracts originated primarily by franchised automobile dealers, and select independent dealers in the U.S. in the sale of new and used automobiles, light trucks and passenger vans. Through its automobile contract purchases, Co. provides indirect financing to the customers of dealers, who have limited credit histories, low incomes or past credit problems. Co. serves as an alternative source of financing for dealers, facilitating sales to customers who otherwise might not be able to obtain financing from traditional sources, such as commercial banks and credit unions.
Key Competitors
Consumer Portfolio Service Inc. Company Info
Board of Directors
Mr. Charles E. Bradley Jr.
Chairman
Mr. Chris A. Adams
Mr. E. Bruce Fredrikson
Mr. Brian J. Rayhill
Mr. William B. Roberts
Mr. John C. Warner
Mr. Gregory S. Wasner
Mr. Daniel S. Wood
Contact Information
16355 Laguna Canyon Road
Irvine, CA
http://www.consumerportfolio.com
949 753-6800