Company: CPSS
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001683168-25-003436
Chunk: 1

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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    Series B preferred stock, $1 par value; authorized 1,870 shares; none issued 
     –  
     – 
  
    Common stock, no par value; authorized 75,000,000 shares; 21,503,198 and 21,432,698 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 
     26,683  
     25,720 
  
    Retained earnings 
     271,754  
     267,060 
  
    Accumulated other comprehensive loss 
     (10) 
     (10)
  
    Total shareholders' equity 
     298,427  
     292,770 

    Total liabilities and shareholders' equity 
    $3,673,606  
    $3,493,868 

See accompanying Notes to Unaudited Condensed
Consolidated Financial Statements.

 3 

CONSUMER PORTFOLIO SERVICES, INC. AND SUBSIDIARIES

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS
OF OPERATIONS

(In thousands, except per share data)

    Three Months Ended 

    March 31, 

    2025  
    2024 
  
    Revenues: 

    Interest income 
    $101,933  
    $84,288 
  
    Mark to finance receivables measured at fair value 
     3,500  
     5,000 
  
    Other income 
     1,441  
     2,456 
  
    Total revenues 
     106,874  
     91,744 

    Expenses: 

    Employee costs 
     25,033  
     24,416 
  
    General and administrative 
     13,542  
     13,753 
  
    Interest 
     54,918  
     41,968 
  
    Provision for credit losses 
     (979) 
     (1,635)
  
    Sales 
     5,911  
     4,870 
  
    Occupancy 
     1,398  
     1,600 
  
    Depreciation and amortization 
     249  
     215 
  
    Total expenses 
     100,072  
     85,187