Consumer Portfolio Services CPSS Reversal Of Provision For Credit Losses
Reversal Of Provision For Credit Losses at other companies
Other financials
Where this comes from
Reported directly by Consumer Portfolio Services in its filing.
Tagged under the XBRL concept cpss:ReversalOfProvisionForCreditLosses.
The official record: Consumer Portfolio Services’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Consumer Portfolio Services's reversal of provision for credit losses?
- Consumer Portfolio Services (CPSS) reported reversal of provision for credit losses of -$0 in Q1 2026.
- How has Consumer Portfolio Services's reversal of provision for credit losses changed year-over-year?
- Consumer Portfolio Services's reversal of provision for credit losses decreased by 100.0% year-over-year, from $979K to -$0.
- What is the long-term trend for Consumer Portfolio Services's reversal of provision for credit losses?
- Over 2 years (2023 to 2025), Consumer Portfolio Services's reversal of provision for credit losses has grown at a -63.7% compound annual growth rate (CAGR), from $22.3M to $2.93M.
- What does reversal of provision for credit losses mean?
- This represents the reduction in previously established reserves for expected credit losses on the loan portfolio. It occurs when the estimated credit risk of the underlying receivables improves or when actual losses are lower than previously anticipated. This metric provides insight into the quality and performance of the company's credit underwriting.