Consumer Portfolio Services, Inc. · NASDAQ:CPSS
Consumer Portfolio Services — Q2 2026 Earnings Presentation
20 slides from Consumer Portfolio Services's earnings presentation, June 2026
Slide 1: The Subprime Source Since 1991
The Subprime Source Since 1991 June 2026 Investor Presentation
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT Forward-looking statements in this presentation include the Company’s expectations of growth and the Company's recorded figures representing allowances for remaining expected lifetime credit losses, its estimates of fair value (most significantly for its receivables accounted f
Slide 3: Company Overview
COMPANY OVERVIEW Consumer Portfolio Services specializes in purchasing and servicing automobile contracts originated by licensed motor vehicle dealers in the sale of new and used automobiles, light trucks and passenger vans. Through our purchases, we provide indirect financing to dealers for sub-pri
Slide 4: The CPS Advantage
THE CPS ADVANTAGE CPS is a leader in Machine Learning (ML) and Artificial Intelligence (AI). • Industry leading disciplined modeling framework: Linear/Logistic Regression, Neural Network, Decision Tree, Ensemble Model, Time Series, Machine Learning, Random Forest Proprietary • Continuous model train
Slide 5: Leadership
LEADERSHIP CPS’ senior management team consists of 13 executives that are led by Brad, Mike, Robert and Danny. Each has significant industry experience and, on average, 25 years with CPS. Combined, senior management has over 300 years of auto lending experience just at CPS. Charles “Brad” Bradley Mi
Slide 6: Market
MARKET Dynamics Footprint • $1.6 trillion auto loans outstanding at Q1 Large Total Addressable 2026(1) Market (TAM) • ~18% of auto financings in Q1 2026 were sub- prime(1) • Capital-intensive 8% High Barrier to Entry • Highly regulated industry 10% 5% Small, Fragmented • Few dominant players Market
Slide 7: Product Offering
PRODUCT OFFERING Avg. Annual Avg. Amount Household Avg. Time on Program (1) Avg. Yield Financed Income Job (years) Avg. FICO % of Purchases Meta 14.15% $26,767 $104,715 8.6 651 4% Preferred 16.29% $27,416 $88,990 7.0 573 18% Super Alpha 18.34% $26,384 $79,157 5.8 558 15% Alpha Plus 20.66% $23,837 $8
Slide 8: Origination Characteristics
ORIGINATION CHARACTERISTICS Payment to Income Loan to Value 12.0% 130.0% 11.5% 125.0% 11.0% 120.0% 10.5% 115.0% 10.0% 110.0% 9.5% 105.0% 9.0% 100.0% 8.5% APR Amount Financed 25.0% $25,000 20.0% $20,000 15.0% $15,000 10.0% $10,000 5.0% $5,000 0.0% $0 8 All charts are contracts purchased for the six m
Slide 9: Demand for Our Lending Programs
DEMAND FOR OUR LENDING PROGRAMS 12,000 Applications vs. Funded Loans 50.4% Approved 3,500,000 Average Dealer Approval Network 3,000,000 Rate 2,500,000 Answers 2,000,000 Selective Within Funding 1,500,000 Seconds to Dealers 1,000,000 500,000 Strong Auto Demand for Decisioning 0 our Lending 2016 2017
Slide 10: Who Is Our Customer?
WHO IS OUR CUSTOMER? 39 Years Old on Average 33.6% 5 Years Average Average Job Debt to Time Income $72,802 Average CPS 7 Years Average Household Income Customer Length at Residence 10.9% 7 Years Average Credit Payment to History on Income Average 20.9% Homeowners Amounts for CPS programs for contrac
Slide 11: What Do Our Customers Drive?
WHAT DO OUR CUSTOMERS DRIVE? ORIGINATING DEALERSHIP Independent, 28% VEHICLE TYPE New, 13.1% Certified Pre- Owned, 14.4% Factory VEHICLE MAKE Franchised, 72% Pre-Owned, Domestic, 72.5% 44% Imports , 56% Charts show data of CPS programs for contracts purchased for the three months ended June 30, 2026
Slide 12: Portfolio Performance
PORTFOLIO PERFORMANCE 22.00% 20.00% 18.00% 16.00% 14.00% CNL Percentage 12.00% 10.00% 8.00% 6.00% 4.00% 2.00% 0.00% 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55 57 59 61 63 65 67 69 71 73 75 77 79 81 83 Months Seasoned 2016- Q1 2016-Q2 2016-Q3 2016-Q4 2017- Q1 2017-
Slide 13: Economic Model
ECONOMIC MODEL Quarter Ended (1) June 30, 2026 June 30, 2025 Interest Income 11.3% 11.4% Interest Expense (6.1%) (6.4%) Net Interest Margin 5.2% 5.0% Mark to Finance Receivables 0.0% 0.3% Other Income 0.3% 0.2% Core Operating Expenses (4.6%) (4.8%) Pretax Return on Assets 0.9% 0.8% (1) Statement of
Slide 14: Summary Balance Sheet
SUMMARY BALANCE SHEET Summary Balance Sheet ($ in millions) (1) June 30, 2026 December 31, 2025 Assets Cash $ 7.5 $ 6.3 Restricted cash 172.7 165.9 Finance receivables 4,212.2 3,655.9 Other assets 29.8 30.1 $ 4,422.2 $ 3,858.2 Liabilities Accounts payable and accrued expenses $ 94.7 $ 65.2 Warehouse
Slide 15: Summary Statement of Operations
SUMMARY STATEMENT OF OPERATIONS Summary Statement of Operations ($ in millions) (1) Three Months Ended June 30, 2026 June 30, 2025 Interest income $ 118.1 $ 105.4 Mark to finance receivables at fair value - 3.0 Other income 3.3 1.4 Total Revenues 121.4 109.8 Employee costs 23.4 24.4 General and admi
Slide 16: Selected Financial Data
SELECTED FINANCIAL DATA Three Months Ended ($ in millions) June 30, 2026 June 30, 2025 Auto contract purchases $ 757.7 $ 433.0 Total portfolio $ 4,306.7 $ 3,708.4 Core operating expenses (1) $ Amount $ 48.1 $ 44.1 % of avg. managed portfolio 4.6% 4.8% Pretax return on managed assets (2) 0.9% 0.8% To
Slide 17: Shareholder Value
SHAREHOLDER VALUE $40,000 Pre-tax Income $ in Thousands - Left Axis Diluted Book Value per Share in $ - Right Axis $16.00 $37,500 Book Value per Share in $ - Right Axis $15.00 $35,000 $14.00 $32,500 $13.00 Growing $12.00 Shareholder $30,000 $11.00 Value $27,500 $25,000 $10.00 $22,500 $9.00 $20,000 $
Slide 18: Shareholder's Equity
SHAREHOLDER’S EQUITY $350,000 $325,000 Consistent $300,000 Growth and $275,000 Shareholder's Equity ($ in thous.) Profitability, $250,000 Fueling Value $225,000 Creation $200,000 $175,000 $150,000 $125,000 $100,000 $75,000 $50,000 $25,000 ~2.5x Growth $- in 6 Years Shareholder's Equity 18
Slide 19: Investment Outlook
INVESTMENT OUTLOOK Continuous Strong macroeconomic AI-driven Originations Strong Fundamentals Growth factors Scorecard • 75% increase in loan • Avg APRs remain • Improves efficiency and • Continuous growth in origination volume over consistent at ~ 20% customer satisfaction interest income June 2025
Slide 20: Reference to Public Reports
REFERENCE TO PUBLIC REPORTS Any person considering an investment in securities issued by CPS is urged to review the materials filed by CPS with the U.S. Securities and Exchange Commission ("Commission"). Such materials may be found by inquiring of the Commission‘s EDGAR search page www.sec.gov/edgar
Consumer Portfolio Services — Q2 2026 Earnings Presentation on 6ix