Consumer Portfolio Services (CPSS) risk factors

32 risks, 1 new, 4 reworded since the prior year. The company added a risk regarding artificial intelligence adoption in its auto finance operations. Insider ownership of common stock dropped from 61% to 56%. Dealer concentration decreased from 2% to 1.5% max share.

31 risks. Company relies heavily on debt financing, securitizations, and warehouse credit facilities to operate its subprime auto loan business. Operations are vulnerable to subprime default rates, interest rate fluctuations, economic recessions, and geographic concentration in California, Florida, and Texas. Compliance with consumer protection regulations and cybersecurity threats to customer data present significant ongoing risks.