(1) Pre-tax income as a percentage of average managed portfolio for the period.
CPS Systems
Proprietary Applications
Credit
Bureaus
Automobile
Credit
Originations System
Application
Dealership
Credit Scoring
and Decisioning
Decline or
Approval / Pricing
Funding
Verifications
and Funding
Package
Shop --
Receivables
Negotiate --
Apply for Credit
Accounting
System
Servicing and Collections
Servicing Activities - Five Branch Locations
System
Customer Contact -
Auto Consumers
Workflow Management
Quarter Ended
June 30, 2023
June 30, 2022
Interest Income
11.4%
12.3%
Mark to Fin. Recs. at FV
-
0.8%
Servicing and Other Income
0.3%
0.3%
Interest Expense
(4.9%)
(3.0%)
Net Interest Margin
6.8%
10.2%
Provision for Credit Losses
1.3%
1.3%
Core Operating Expenses
(5.5%)
(6.0%)
Pretax Return on Assets
2.6%
5.5%
Twelve Months Ended
December 31,
December 31,
2022
2021
12.0%
12.4%
0.6%
(0.2%)
0.4%
0.3%
(3.4%)
(3.5%)
9.5%
9.0%
1.1%
0.7%
(6.1%)
(6.6%)
4.6%
3.1%
As a percentage of the average managed portfolio. Percentages may not add due to rounding.
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Disclaimer
CPS - Consumer Portfolio Services Inc. published this content on 22 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2023 18:35:08 UTC.
Consumer Portfolio Services, Inc. is a specialty finance company. The Companyâs business is to provide purchase and service retail automobile contracts originated primarily by franchised automobile dealers and, to a lesser extent, by select independent dealers in the United States in the sale of new and used automobiles, light trucks, and passenger vans. Through its automobile contract purchases, it provides indirect financing to the customers of dealers. It serves as an alternative source of financing for dealers, facilitating sales to customers from traditional sources, such as commercial banks, credit unions, and the finance companies affiliated with automobile manufacturers. It also originates vehicle purchase money loans by lending directly to consumers. It offers over eight different financing programs and prices each program according to relative credit risk. Its financing programs include First Time Buyer, Mercury / Delta, Standard, Alpha, Alpha Plus, Super Alpha and Preferred.
CONSUMER PORTFOLIO SERVICES, INC. 
