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Get CPSS alertsMike Lavin is recorded as COO at Consumer Portfolio Services, Inc. (CPSS). Mike Lavin has spoken on 10 earnings calls across 1 company, most recently for Consumer Portfolio Services, Inc. on October 26, 2026. Consumer Portfolio Services, Inc. is classified in the Credit Services industry within the Financial Services sector. Other leadership on record at Consumer Portfolio Services, Inc. includes Denesh "Danny" Bharwani (CFO), Brian J. Rayhill (Board Member), Charles E. Bradley, Jr. (Board Member) and 7 others.
“Just one other little bit note on our originations. The originations of $815 million versus $391 million is a 108.5% increase. And as Danny noted, that is our biggest quarter in our 35-year history.”
“Just a few follow-up comments to Brad and Danny. When looking at our second quarter originations of $757 million, that actually compares to $433 million that we did in the second quarter of 2025.”
“I need just a couple of follow-up comments. As Brad alluded, in the first quarter, we originated $533 million in new contracts. This compares to $363 million in the first quarter prior, which is a 47% increase.”
“In terms of operations, again, in the third quarter of 2025, we originated $391 million of new contracts for the first nine months of the year. We purchased $1.275 billion of new contracts compared to $1.224 billion during the first nine months of 2024, which is a 4% increase year-over-year.”
“Looking at our sales and originations, as Brad said, fairly flat. In the second quarter of 2025, we originated 433 million of new contracts as compared to 431 million of new contracts in the second quarter of 2024.”
Credit Services · Financial Services
COO
