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GuruFocus has detected 1 Warning Sign with Consumer Portfolio Services Inc $CPSS.
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Consumer Portfolio Services Inc (NAS:CPSS)
Credit Losses Provision
$181.5 Mil (TTM As of Mar. 2017)

Consumer Portfolio Services Inc's credit losses provision for the three months ended in Mar. 2017 was $47.2 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2017 was $181.5 Mil.

Consumer Portfolio Services Inc's quarterly credit losses provision declined from Sep. 2016 ($46.3 Mil) to Dec. 2016 ($43.6 Mil) but then increased from Dec. 2016 ($43.6 Mil) to Mar. 2017 ($47.2 Mil).

Consumer Portfolio Services Inc's annual credit losses provision increased from Dec. 2014 ($108.2 Mil) to Dec. 2015 ($142.6 Mil) and increased from Dec. 2015 ($142.6 Mil) to Dec. 2016 ($178.5 Mil).


Definition

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Consumer Portfolio Services Inc Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2017 was 44.423 (Jun. 2016 ) + 46.262 (Sep. 2016 ) + 43.63 (Dec. 2016 ) + 47.167 (Mar. 2017 ) = $181.5 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Consumer Portfolio Services Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
IS_CreditLossesProvision 0.0148.492.029.915.533.576.9108.2142.6178.5

Consumer Portfolio Services Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
IS_CreditLossesProvision 31.433.435.737.436.144.244.446.343.647.2
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