NYSE
19 days, 11 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Director Roger Ballou Receives New Restricted Stock Unit Grant
Roger H. Ballou, a Director at Bread Financial Holdings, Inc., has been granted 2,802 restricted stock units, which are set to vest on June 16, 2026.

NYSE
19 days, 11 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Director John Fawcett Receives New Equity Grant
Bread Financial Holdings, Inc. Director John J. Fawcett was granted 2,802 restricted stock units, increasing his total beneficial ownership to 9,275 shares.

NYSE
19 days, 11 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Director John C. Gerspach Reports Acquisition of Restricted Stock Units
John C. Gerspach, a Director at Bread Financial Holdings, Inc., reported the acquisition of 2,802 restricted stock units, vesting in June 2026, as part of a routine compensation grant.

NYSE
19 days, 11 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Director Praniti Lakhwara Receives New Restricted Stock Unit Grant
Bread Financial Holdings, Inc. Director Praniti Lakhwara was granted 2,802 restricted stock units, increasing her total beneficial ownership to 5,622 shares.

NYSE
19 days, 11 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Director Rajesh Natarajan Acquires Additional Restricted Stock Units
Rajesh Natarajan, a Director at Bread Financial Holdings, Inc. (BFH), has reported the acquisition of 2,802 restricted stock units, increasing his total beneficial ownership to 19,804 shares.

NYSE
19 days, 11 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Director Joyce St Clair Granted 2,802 Restricted Stock Units
Joyce St Clair, a Director at Bread Financial Holdings, Inc., was granted 2,802 restricted stock units, which are set to vest on June 16, 2026, increasing her total beneficial ownership to 9,669 shares.

NYSE
19 days, 11 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Director Timothy Theriault Receives New RSU Grant
Timothy J. Theriault, a Director at Bread Financial Holdings, Inc., was granted 2,802 restricted stock units set to vest on June 16, 2026, as part of his compensation.

NYSE
19 days, 11 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Director Laurie Anne Tucker Boosts Stake with New RSU Grant
Bread Financial Holdings, Inc. Director Laurie Anne Tucker has acquired 2,802 restricted stock units, increasing her beneficial ownership to 33,821 shares, with the new grant vesting on June 16, 2026.

NYSE
19 days, 11 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Director Sharen Turney Receives New Restricted Stock Unit Grant
Bread Financial Holdings, Inc. Director Sharen J. Turney was granted 2,802 restricted stock units, which are set to vest on June 16, 2026, increasing her total beneficial ownership to 21,536 shares.

NYSE
26 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Improved Credit Quality Metrics for May 2025 Amidst Slight Loan Portfolio Contraction
Bread Financial Holdings, Inc. announced a performance update for May 2025, showing a year-over-year improvement in net loss and delinquency rates, despite a slight decrease in overall loan balances.
Delay expected
 
Better than expected
 

NYSE
32 days, 21 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Announces Early Tender Results for $150 Million Senior Notes Offer, Oversubscribed by Over 3.5x
Bread Financial Holdings, Inc. announced the early tender results of its cash tender offer for its 9.750% Senior Notes due 2029, with approximately $536.8 million tendered against a $150 million cap.
Better than expected
 

NYSE
47 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Announces $150 Million Cash Tender Offer for Senior Notes Due 2029
Bread Financial Holdings, Inc. has announced a cash tender offer to repurchase up to $150 million of its 9.750% Senior Notes due in 2029.

NYSE
54 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Holdings Announces Results of 2025 Annual Stockholders Meeting
Bread Financial Holdings held its 2025 annual meeting of stockholders, electing directors, approving executive compensation, and ratifying the selection of Deloitte & Touche LLP as its independent accounting firm.

NYSE
55 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Improved Credit Performance in April 2025
Bread Financial Holdings, Inc. announced a performance update for April 2025, highlighting improvements in net loss and delinquency rates compared to the previous year.
Better than expected
 

NYSE
70 days, 7 hours ago 
BFH
Bread Financial Holdings, INC
10-Q: Bread Financial Reports Q1 2025 Results: Credit Sales Up, Strategic Capital Moves Highlight Quarter
Bread Financial's Q1 2025 results show a slight increase in credit sales and strategic moves to strengthen its balance sheet.
Worse than expected
 

NYSE
74 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Performance Update for March 2025
Bread Financial Holdings, Inc. released a performance update for March 2025, detailing net loss and delinquency rates.
Worse than expected
 

NYSE
74 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Solid Q1 2025 Results, Announces Quarterly Dividend
Bread Financial announced first quarter 2025 results with net income of $138 million and declared a quarterly cash dividend of $0.21 per share.

NYSE
81 days, 12 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Director, John C. Gerspach, Receives Stock Grant
Director John C. Gerspach acquired 842 shares of Bread Financial Holdings, Inc. through a restricted stock unit grant that will vest on April 15, 2026.

NYSE
96 days, 18 hours ago 
BFH
Bread Financial Holdings, INC
DEFA14A: Bread Financial Holdings Sets Date for Annual Stockholders Meeting
Bread Financial Holdings will hold its annual meeting of stockholders on May 13, 2025, to elect directors, conduct an advisory vote on executive compensation, and ratify the selection of Deloitte & Touche LLP as the independent accounting firm.

NYSE
96 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
DEF: Bread Financial Reports Solid 2024 Performance Amidst Macroeconomic Challenges, Focuses on Long-Term Growth
Bread Financial demonstrated resilience in 2024, delivering solid performance and making strategic investments to enhance profitability and shareholder value despite a challenging macroeconomic environment.

NYSE
112 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Slight Improvement in Credit Performance for February 2025
Bread Financial Holdings, Inc. reports a slight decrease in both net loss and delinquency rates for February 2025 compared to the same period last year.
Better than expected
 

NYSE
119 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Holdings Issues $400 Million in Fixed-Rate Reset Subordinated Notes
Bread Financial Holdings successfully closes offering of $400 million in 8.375% Fixed-Rate Reset Subordinated Notes due 2035.

NYSE
124 days, 3 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Prices $400 Million Subordinated Notes Offering
Bread Financial Holdings, Inc. has announced the pricing of a $400 million private offering of fixed-rate reset subordinated notes due in 2035.
Capital raise
 

NYSE
124 days, 21 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Announces $150 Million Share Repurchase Program and Private Offering of Subordinated Notes
Bread Financial has announced a $150 million share repurchase program and a private offering of fixed-rate reset subordinated notes.
Capital raise
 

NYSE
137 days, 9 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Executive Receives Stock Grants and Settles Tax Obligations
Joseph L. Motes III, an executive at Bread Financial Holdings, received new grants of time-based and performance-based restricted stock units and had shares withheld to cover tax obligations upon vesting of previous units.

NYSE
137 days, 9 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Executive Receives Stock Grants and Settles Tax Obligations
Tammy M. McConnaughey, EVP at Bread Financial Holdings, reports the acquisition of restricted stock units and shares withheld for tax obligations.

NYSE
137 days, 9 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Executive Receives Stock Grants and Settles Tax Obligations
Valerie E. Greer, EVP and Chief Commercial Officer of Bread Financial Holdings, received new grants of restricted stock units and had shares withheld to cover tax obligations.

NYSE
137 days, 9 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings EVP, Chief Technology Officer, Allegra S. Driscoll, Reports Stock Grants and Tax Withholding
Allegra S. Driscoll, EVP and Chief Technology Officer of Bread Financial Holdings, reports the acquisition of restricted stock units and shares withheld for tax obligations.

NYSE
137 days, 10 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Executive Receives Stock Grant, Settles Tax Obligations
Jonathan Bryan Campbell, SVP and Chief Accounting Officer of Bread Financial Holdings, received a grant of restricted stock units and had shares withheld to cover tax obligations.

NYSE
137 days, 10 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings EVP, CFO Perry S. Beberman Reports Stock Transactions
Perry S. Beberman, EVP and CFO of Bread Financial Holdings, reports acquisition and disposal of common stock and restricted stock units.

NYSE
137 days, 10 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings CEO Andretta Receives Stock Grants and Settles Tax Obligations
Ralph J. Andretta, President and CEO of Bread Financial Holdings, received new grants of time-based and performance-based restricted stock units and had shares withheld to cover tax obligations upon vesting of previous grants.

NYSE
143 days, 6 hours ago 
BFH
Bread Financial Holdings, INC
SCHEDULE 13G/A: Turtle Creek Asset Management Discloses 7.5% Stake in Bread Financial Holdings
Turtle Creek Asset Management Inc. has filed an amended Schedule 13G, reporting a 7.5% beneficial ownership stake in Bread Financial Holdings, Inc. as of December 31, 2024.

NYSE
144 days, 10 hours ago 
BFH
Bread Financial Holdings, INC
10-K: Bread Financial Holdings Reports 2024 Results: Focus on Balance Sheet Strength and Strategic Growth
Bread Financial Holdings, Inc. reports its 2024 financial results, highlighting balance sheet improvements and strategic initiatives in a challenging macroeconomic environment.

NYSE
146 days, 21 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Slight Improvement in Credit Performance for January 2025
Bread Financial's January 2025 performance update reveals a slight decrease in both net loss and delinquency rates compared to the same period last year.

NYSE
158 days, 21 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports December 2024 Performance Update, Net Loss Rate at 8.1%
Bread Financial's December 2024 performance update reveals a net loss rate of 8.1% and a delinquency rate of 5.9%.

NYSE
158 days, 21 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Mixed Q4 Results, Announces Dividend
Bread Financial announced its fourth quarter and full year 2024 results, showing a decrease in revenue but improvements in capital ratios and tangible book value, while also declaring a quarterly dividend.
Worse than expected
 

NYSE
172 days, 12 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Director Awarded Restricted Stock Units
John C. Gerspach, a director at Bread Financial Holdings, was granted 604 restricted stock units, which will vest on January 15, 2026.

NYSE
178 days, 12 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Executive Reports Stock Transaction
Joseph L. Motes III, an executive at Bread Financial Holdings, reports the withholding of 557 shares to cover taxes related to retirement eligibility.

NYSE
188 days, 12 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Holdings to Redeem 7.000% Senior Notes Due 2026
Bread Financial Holdings has announced the redemption of all its outstanding 7.000% senior notes due in 2026, scheduled for January 15, 2025.

NYSE
208 days, 20 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Slight Increase in Net Loss Rate for November 2024
Bread Financial's net loss rate increased slightly to 8.0% in November 2024, compared to 7.9% in November 2023, while delinquency rates decreased slightly.

NYSE
217 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Boosts Share Repurchase Program by $25 Million
Bread Financial has increased its share repurchase program by $25 million, bringing the total authorization to $55 million through the end of 2024.

NYSE
235 days, 21 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Slight Dip in Loan Portfolio, Net Loss Rate Remains Stable in October
Bread Financial's October performance update reveals a minor decrease in loan balances and a stable net loss rate compared to the previous year.

NYSE
250 days, 11 hours ago 
BFH
Bread Financial Holdings, INC
10-Q: Bread Financial Holdings Reports Mixed Q3 Results Amid Strategic Shifts
Bread Financial Holdings saw a decrease in net income for the third quarter of 2024, impacted by strategic credit tightening and expenses related to convertible note repurchases, despite growth in direct-to-consumer deposits.
Worse than expected
 

NYSE
250 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Director, John J. Fawcett, Increases Stake with Recent Stock Purchase
Director John J. Fawcett of Bread Financial Holdings, Inc. (BFH) recently acquired 1,000 shares of common stock at a price of $51.02 per share.

NYSE
256 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Mixed Credit Performance in September Update
Bread Financial's September performance update reveals a slight increase in delinquency rates alongside a rise in net principal losses.
Worse than expected
 

NYSE
256 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Mixed Q3 Results, Repurchases Convertible Notes
Bread Financial's third quarter results were impacted by a strategic decision to repurchase convertible notes, alongside a slight increase in delinquency and net loss rates.
Worse than expected
 

NYSE
259 days, 12 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Secures Amended Credit Agreement, Extending Maturity and Lowering Rates
Bread Financial Holdings has amended its credit agreement, extending the maturity date to October 18, 2028, and securing more favorable interest rates and terms.
Better than expected
 

NYSE
263 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Director John C. Gerspach Reports Acquisition of Restricted Stock Units
Director John C. Gerspach reported the acquisition of 744 restricted stock units of Bread Financial Holdings, along with holdings of other shares through a trust.

NYSE
294 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Increased Net Loss Rate in August Performance Update
Bread Financial's August performance update reveals an increase in the net loss rate compared to the same period last year, alongside a slight rise in delinquency rates.
Worse than expected
 

NYSE
326 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Increased Net Loss and Delinquency Rates in July 2024
Bread Financial's July 2024 performance update reveals a rise in both net loss and delinquency rates compared to the same period last year.
Worse than expected
 

NYSE
327 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Director John J. Fawcett Acquires 2,000 Shares
Director John J. Fawcett purchased 2,000 shares of Bread Financial Holdings at an average price of $49.8219 on August 12, 2024.

NYSE
332 days, 21 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Announces $350 Million Repurchase of Convertible Senior Notes
Bread Financial will repurchase approximately $237.6 million of its 4.25% Convertible Senior Notes due 2028 for about $350 million in cash.

NYSE
341 days, 11 hours ago 
BFH
Bread Financial Holdings, INC
10-Q: Bread Financial Holdings Reports Mixed Q2 Results Amidst Strategic Credit Tightening
Bread Financial Holdings saw a decrease in credit sales and net interest margin in Q2 2024, while also experiencing a reserve release and reduced non-interest expenses.
Worse than expected
 
Delay expected
 

NYSE
347 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Mixed Credit Performance in June 2024 Update
Bread Financial's June 2024 performance update reveals a slight increase in net loss and delinquency rates compared to the previous year.
Worse than expected
 

NYSE
347 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Solid Q2 Results, Announces Dividend
Bread Financial reported a net income of $133 million for the second quarter of 2024, alongside a 25% year-over-year increase in tangible book value per share and the declaration of a $0.21 per share quarterly dividend.
Worse than expected
 

NYSE
355 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Director, Praniti Lakhwara, Acquires 2,820 Shares of Common Stock
Director Praniti Lakhwara acquired 2,820 shares of Bread Financial Holdings, Inc. common stock in a transaction dated July 15, 2024.

NYSE
355 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Director John C. Gerspach Reports Acquisition of Restricted Stock Units
Director John C. Gerspach reports the acquisition of 887 restricted stock units in Bread Financial Holdings, along with details of existing holdings.

NYSE
355 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Executive Perry Beberman Reports Stock Transaction
Perry Beberman, EVP and CFO of Bread Financial Holdings, reports the withholding of shares to cover tax obligations upon vesting of restricted stock units.

NYSE
370 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Comenity Bank and Servicing Amend Service Agreement Performance Standards
Comenity Bank and Comenity Servicing LLC have modified certain performance standards within their existing service agreement, effective the month following the agreement's execution.

NYSE
382 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Director Turney Receives Stock Grant
Director Sharen J Turney acquired 3,473 shares of Bread Financial Holdings common stock through a restricted stock unit grant that will vest on June 17, 2025.

NYSE
382 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Director, Laurie Anne Tucker, Acquires 3,473 Shares of Common Stock
Laurie Anne Tucker, a director at Bread Financial Holdings, acquired 3,473 shares of common stock through a grant of restricted stock units that will vest on June 17, 2025.

NYSE
382 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Director Timothy Theriault Reports Stock Grant
Director Timothy Theriault reported the acquisition of 3,473 shares of common stock in the form of restricted stock units, vesting on June 17, 2025, along with existing holdings.

NYSE
382 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Director St Clair Receives Stock Grants
Director Joyce St Clair acquired 3,473 shares of Bread Financial Holdings common stock through a restricted stock unit grant on June 17, 2024.

NYSE
382 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Director Natarajan Rajesh Reports Acquisition of Restricted Stock Units
Director Natarajan Rajesh reported the acquisition of 3,473 restricted stock units in Bread Financial Holdings, Inc., along with existing holdings.

NYSE
382 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Director John C. Gerspach Reports Acquisition of Restricted Stock Units
Director John C. Gerspach reports the acquisition of 3,473 restricted stock units in Bread Financial Holdings, along with adjustments to existing holdings.

NYSE
382 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Director John J. Fawcett Acquires 3,473 Shares of Common Stock
Director John J. Fawcett reports acquisition of 3,473 shares of Bread Financial Holdings, Inc. common stock via restricted stock units.

NYSE
382 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Director Ballou Receives Stock Grant
Director Roger H. Ballou acquired 3,473 shares of Bread Financial Holdings common stock on June 17, 2024, in the form of restricted stock units.

NYSE
384 days, 18 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Holdings Posts Investor Presentation and Hosts Investor Day
Bread Financial Holdings, Inc. released an investor presentation on its website and hosted an investor day on June 18, 2024.

NYSE
390 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Slight Increase in Net Loss Rate for May 2024
Bread Financial's net loss rate increased slightly to 8.8% in May 2024, compared to 8.4% in May 2023, while loan balances remained relatively stable.
Worse than expected
 

NYSE
391 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Appoints Praniti Lakhwara to Board of Directors
Bread Financial has expanded its board to ten members with the appointment of Praniti Lakhwara as an independent director, effective June 10, 2024.

NYSE
418 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Holdings Stockholders Approve 2024 Omnibus Incentive Plan and Elect Directors
Bread Financial Holdings' stockholders approved the 2024 Omnibus Incentive Plan and elected directors at their annual meeting on May 14, 2024.

NYSE
418 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Mixed Credit Performance in April 2024
Bread Financial's April 2024 performance update reveals an increase in net loss and delinquency rates compared to the same period last year, despite a slight decrease in loan balances.
Worse than expected
 

NYSE
432 days, 11 hours ago 
BFH
Bread Financial Holdings, INC
10-Q: Bread Financial Reports Mixed Q1 Results Amidst Economic Headwinds and Regulatory Changes
Bread Financial's first quarter saw a decrease in revenue and increased credit loss provisions, influenced by the sale of a major portfolio and a challenging economic environment.
Worse than expected
 

NYSE
438 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Mixed Credit Performance in March 2024 Update
Bread Financial's March 2024 performance update reveals a rise in net loss and delinquency rates compared to the previous year, alongside a change in loan calculation methodology.
Worse than expected
 

NYSE
438 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Q1 2024 Results, Declares Quarterly Dividend
Bread Financial announced its first quarter 2024 financial results, reporting a net income of $134 million and declaring a $0.21 per share quarterly dividend.
Worse than expected
 

NYSE
446 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Director John C. Gerspach Reports Acquisition of Restricted Stock Units
Director John C. Gerspach reported the acquisition of 1,025 restricted stock units of Bread Financial Holdings, Inc. on April 15, 2024.

NYSE
460 days, 20 hours ago 
BFH
Bread Financial Holdings, INC
DEFA14A: Bread Financial Holdings Sets Date for Annual Stockholders Meeting, Outlines Key Proposals
Bread Financial Holdings will hold its annual meeting of stockholders on May 14, 2024, to vote on the election of directors, executive compensation, an incentive plan, and the ratification of its accounting firm.

NYSE
460 days, 21 hours ago 
BFH
Bread Financial Holdings, INC
DEF 14A: Bread Financial Aims for Continued Growth and Governance Excellence in 2024, Outlines Executive Compensation and Board Nominees
Bread Financial's proxy statement highlights strategic progress in 2023, board oversight, and proposals for the 2024 annual meeting, including director elections and executive compensation.

NYSE
467 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Executive Reports Stock Transaction
Joseph L. Motes III, an executive at Bread Financial Holdings, reports the disposal of shares to cover tax obligations upon vesting of restricted stock units.

NYSE
467 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Executive VP Tammy McConnaughey Reports Stock Transaction
Tammy McConnaughey, EVP at Bread Financial Holdings, reports the withholding of shares to cover tax obligations upon vesting of restricted stock units.

NYSE
467 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings Executive Valerie Greer Reports Stock Transaction
EVP and Chief Commercial Officer of Bread Financial Holdings, Valerie Greer, reports disposition of shares to cover tax obligations upon vesting of restricted stock units.

NYSE
467 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings EVP Perry Beberman Disposes of Shares to Cover Tax Obligations
Perry Beberman, EVP and Chief Financial Officer of Bread Financial Holdings, disposed of 2,384 shares of common stock on March 25, 2024, to satisfy tax withholding obligations upon the vesting of restricted stock units.

NYSE
467 days, 13 hours ago 
BFH
Bread Financial Holdings, INC
Form 4: Bread Financial Holdings CEO Andretta Reports Stock Transaction
Ralph J. Andretta, President and CEO of Bread Financial Holdings, reports a transaction involving the withholding of shares to cover tax obligations upon vesting of restricted stock units.

NYSE
481 days, 22 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Increased Net Loss Rate and Delinquencies in February 2024
Bread Financial's February 2024 performance update reveals an increase in both net loss and delinquency rates compared to the same period last year.
Worse than expected
 

NYSE
502 days, 21 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Announces $30 Million Share Repurchase Program
Bread Financial's board has approved a new plan to repurchase up to $30 million of its common stock.

NYSE
503 days, 21 hours ago 
BFH
Bread Financial Holdings, INC
10-K: Bread Financial Holdings Issues Non-Employee Director Stock Award and Files Annual Report
Bread Financial Holdings grants restricted stock units to a non-employee director and files its annual report on Form 10-K, detailing financial performance and strategic initiatives.
Worse than expected
 
Delay expected
 
Capital raise
 

NYSE
508 days, 21 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Increased Net Loss Rate in January 2024
Bread Financial's January 2024 performance update reveals an increase in the net loss rate to 8.0% compared to 6.7% in the same period last year.
Worse than expected
 

NYSE
529 days, 21 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Mixed Credit Performance in December 2023
Bread Financial's December 2023 performance update reveals a decrease in average loan balances and an increase in delinquency rates compared to the previous year.
Worse than expected
 

NYSE
529 days, 21 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Reports Q4 and Full Year 2023 Results, Announces Dividend
Bread Financial announced its fourth quarter and full year 2023 financial results, highlighting strategic initiatives and a declared quarterly dividend of $0.21 per share.
Worse than expected
 

NYSE
535 days, 11 hours ago 
BFH
Bread Financial Holdings, INC
8-K: Bread Financial Closes $300 Million Senior Notes Offering to Redeem 2026 Notes
Bread Financial has successfully closed a $300 million offering of senior notes to help redeem existing debt and cover related expenses.

BFH 
Bread Financial Holdings, INC 
NYSE

8-K: Bread Financial Reports Increased Net Loss Rate in January 2024

Sentiment:
 Performance Update
 15 February 2024 7:35 AM

Bread Financial's January 2024 performance update reveals an increase in the net loss rate to 8.0% compared to 6.7% in the same period last year.

Worse than expected
  The net loss rate increased from 6.7% to 8.0%, indicating a deterioration in credit quality.  The delinquency rate increased from 5.8% to 6.8%, suggesting more borrowers are falling behind on payments.  Average credit card and other loans decreased by 9%, indicating a contraction in the loan portfolio. 

Summary
  • Bread Financial released a performance update for January 2024, showing a net loss rate of 8.0%, up from 6.7% in January 2023.
  • The average credit card and other loans decreased year-over-year by 9%, from $20.7 billion to $18.9 billion.
  • Net principal losses increased to $128 million in January 2024 from $115 million in January 2023.
  • The delinquency rate rose to 6.8% as of January 31, 2024, compared to 5.8% the previous year.
  • The company revised its calculation of average credit card and other loans to align with industry practice, using an average daily balance.
Sentiment

Score: 3

Explanation: The document indicates a negative trend with increased net loss and delinquency rates, along with a decrease in average loans, suggesting potential financial challenges. The forward-looking statements also highlight significant risks.

Positives
  • The company is aligning its calculation of average credit card and other loans with industry practice.
Negatives
  • The net loss rate increased significantly year-over-year, from 6.7% to 8.0%.
  • Average credit card and other loans decreased by 9% year-over-year.
  • Net principal losses increased from $115 million to $128 million year-over-year.
  • The delinquency rate increased from 5.8% to 6.8% year-over-year.
Risks
  • The company faces risks related to macroeconomic conditions, including inflation and rising interest rates.
  • There are risks associated with potential changes in consumer payment and savings behavior.
  • The company is exposed to risks from global political and public health events.
  • Future credit performance, including delinquency and write-off rates, poses a risk.
  • The company is subject to risks related to the loss of or reduction in demand from significant brand partners or customers.
  • There are risks associated with inaccuracies in models and estimates, including credit risk management models.
  • The company faces risks related to its level of indebtedness and ability to access financial markets.
  • Pending and future legislation and regulatory actions, particularly regarding late fees, pose a risk.
  • The company is exposed to risks from failures or breaches in operational or security systems.
  • A final CFPB rule on credit card late fees could significantly impact the business.
Future Outlook

The company's future performance is subject to various risks and uncertainties, including macroeconomic conditions, regulatory changes, and credit performance. The company is monitoring the potential impact of a final CFPB rule on credit card late fees.

Management Comments
  • The company revised the calculation of average credit card and other loans to more closely align with industry practice.
  • The company's performance in January 2023 was impacted by the transition of credit card processing services.
Industry Context

The increase in net loss and delinquency rates may reflect broader trends in the consumer credit industry, potentially influenced by macroeconomic factors such as inflation and rising interest rates. The company's move to align its loan calculation with industry practice is a common step for financial institutions.

Comparison to Industry Standards
  • Bread Financial's net loss rate of 8.0% is higher than the industry average for credit card issuers, which typically ranges between 3% and 6% depending on the risk profile of the portfolio.
  • Companies like Capital One and Discover Financial Services, which also operate in the consumer credit space, have reported lower net loss rates in recent periods, suggesting Bread Financial may be facing more significant credit quality challenges.
  • The delinquency rate of 6.8% is also on the higher end compared to industry benchmarks, where rates typically range from 2% to 5% for major credit card issuers.
  • The 9% year-over-year decrease in average credit card and other loans is a significant contraction, which could be a result of tighter lending standards or reduced consumer demand, and is not typical of the growth seen in the broader credit card market.
Stakeholder Impact
  • Shareholders may be concerned about the increased net loss and delinquency rates.
  • Customers may be affected by potential changes in lending practices.
  • Employees may be impacted by any potential restructuring or cost-cutting measures.
Next Steps
  • The company will participate in the Bank of America 2024 Financial Services Conference on February 21, 2024.
  • The company will participate in the KBWs 2024 Fintech & Payments Conference on February 27, 2024.
Key Dates
  • February 15, 2024: Date of the performance update press release and 8-K filing.
  • January 31, 2024: End of the reporting period for the performance update.
  • January 31, 2023: Comparative period for the performance update.
  • February 21, 2024: Bread Financial participation in the Bank of America 2024 Financial Services Conference.
  • February 27, 2024: Bread Financial participation in the KBWs 2024 Fintech & Payments Conference.
Keywords
credit cards, net loss rate, delinquency rate, consumer lending, financial services, credit risk, Bread Financial, loan portfolio

BFH 
Bread Financial Holdings, INC 
NYSE
Sector: Financial Services
 
Filings with Classifications
Delay expected
11 June 2025 7:01 AM

Performance Update
  • The company froze delinquency progression for cardholders in Federal Emergency Management Agency (FEMA) identified impact zones for one billing cycle due to hurricanes Helene and Milton. This action delayed the recognition of certain losses, resulting in modestly lower Net principal losses and Net loss rate in the fourth quarter of 2024, and will consequently negatively impact these metrics in the second quarter of 2025.
Better than expected
11 June 2025 7:01 AM

Performance Update
  • The net loss rate improved to 8.0% from 8.8% year-over-year.
  • Net principal losses decreased to $120 million from $133 million year-over-year.
  • The delinquency rate improved to 5.7% from 5.9% year-over-year.
  • 30 days+ delinquencies decreased to $926 million from $976 million year-over-year.
  • Despite the company's forward-looking statement that hurricane-related actions would negatively impact Q2 2025 metrics, the reported actuals for May 2025 show year-over-year improvement in key credit quality indicators.
Better than expected
5 June 2025 7:45 AM

Current Report Tender Offer Results
  • The tender offer was significantly oversubscribed, with approximately $536.8 million in Notes tendered against a $150 million Tender Cap. This indicates strong participation and allows the company to achieve its debt reduction goals effectively.
  • The successful execution of the early tender results means the company can proceed with purchasing the desired amount of Notes, thereby managing its debt obligations and potentially reducing future interest expenses.
Better than expected
13 May 2025 7:01 AM

Performance Update
  • The net loss rate improved from 8.6% to 7.8% year-over-year.
  • The delinquency rate decreased from 6.0% to 5.7% year-over-year.
  • Net principal losses decreased from $127 million to $114 million year-over-year.
Worse than expected
28 April 2025 9:49 PM

Quarterly Report
  • Average and end-of-period credit card and other loans decreased, indicating a contraction in lending activity.
  • Total interest income decreased due to lower late fees and average loan balances, suggesting weaker revenue generation from core lending operations.
  • The 2025 outlook has been adjusted to reflect slower credit sales growth and slightly higher inflation, signaling a less optimistic future performance.
Worse than expected
24 April 2025 6:56 AM

Performance Update
  • The net loss rate increased to 8.1% for the month and 8.2% for the quarter, indicating worsening credit performance.
  • Net principal losses were $123 million for the month and $365 million for the quarter, suggesting increased credit risk.
Better than expected
17 March 2025 7:31 AM

Performance Update
  • The net loss rate improved from 8.9% to 8.6% year-over-year.
  • The delinquency rate improved from 6.7% to 6.2% year-over-year.
Capital raise
6 March 2025 1:32 AM

Debt Offering Announcement
  • Bread Financial is raising $400 million through a private offering of subordinated notes.
  • The net proceeds are expected to be approximately $395 million after deducting the initial purchasers' discount.
  • The company intends to lend at least $250 million of the proceeds to Comenity Capital Bank.
  • The remaining proceeds may be used for general corporate purposes, including share repurchases.
Capital raise
5 March 2025 7:45 AM

8-K Filing
  • Bread Financial intends to offer $400 million aggregate principal amount of fixed-rate reset subordinated notes in a private offering.
  • The company intends to lend no less than $250 million of the net proceeds of the Notes offering as subordinated debt to one of its subsidiary banks, Comenity Capital Bank, with the remaining proceeds intended to be used for general corporate purposes, which may include share repurchases.
Worse than expected
30 January 2025 6:52 AM

Quarterly Report
  • The company's net income and adjusted net income decreased significantly year-over-year, indicating worse than expected results.
  • Revenue decreased by 9% in the fourth quarter, primarily due to lower finance charges and late fees, indicating worse than expected results.
  • Income from continuing operations decreased by 83% in the fourth quarter, primarily due to lower net interest income and higher total non-interest expenses, indicating worse than expected results.
Worse than expected
30 October 2024 5:52 PM

Quarterly Report
  • The company's net income decreased significantly due to increased provision for credit losses and expenses related to convertible note repurchases.
  • The company's net interest margin decreased due to decreased late fees and higher funding costs.
  • The company's credit sales decreased, reflecting a slowdown in consumer spending and strategic credit tightening.
Worse than expected
24 October 2024 6:57 AM

Performance Update
  • The net loss rate increased to 7.4% for the month and 7.8% for the three-month period, indicating a deterioration in credit quality.
  • The delinquency rate also increased slightly to 6.4%, suggesting a higher proportion of loans are becoming past due.
Worse than expected
24 October 2024 6:55 AM

Quarterly Report
  • The company's net income and earnings per share were significantly lower than the previous year due to the impact of the convertible note repurchase and increased credit losses.
  • Revenue decreased year-over-year, indicating a slowdown in business activity.
  • The delinquency and net loss rates increased, suggesting a deterioration in credit quality.
Better than expected
21 October 2024 5:06 PM

Material Definitive Agreement
  • The document indicates better results due to the extension of the maturity date, lower interest rates, and increased financial flexibility.
Worse than expected
16 September 2024 7:31 AM

Performance Update
  • The net loss rate increased from 6.7% to 7.8% year-over-year.
  • Net principal losses increased from $99 million to $118 million year-over-year.
  • The delinquency rate increased from 5.9% to 6.2% year-over-year.
Worse than expected
15 August 2024 7:31 AM

Performance Update
  • The net loss rate increased from 7.4% to 8.0%, indicating a deterioration in credit quality.
  • The delinquency rate rose from 5.7% to 6.2%, suggesting more borrowers are falling behind on payments.
  • Net principal losses increased from $108 million to $120 million, reflecting higher credit losses.
Worse than expected
31 July 2024 5:51 PM

Quarterly Report
  • The company's credit sales decreased by 7% year-over-year, indicating a slowdown in consumer spending.
  • The net interest margin decreased to 18.0% from 18.7% in the same quarter last year, due to higher funding costs.
  • The company expects 2024 average credit card and other loans to be down low-single digits.
Delay expected
31 July 2024 5:51 PM

Quarterly Report
  • The final rule on credit card late fees published by the CFPB had an original effective date of May 14, 2024, but was delayed by a court injunction.
Worse than expected
25 July 2024 6:56 AM

Performance Update
  • The net loss rate and delinquency rate both increased compared to the previous year, indicating a worsening credit performance.
Worse than expected
25 July 2024 6:52 AM

Quarterly Report
  • The company's revenue decreased by 1% year-over-year, indicating a worse performance than the previous year.
  • The company's credit sales decreased by 7% year-over-year, indicating a worse performance than the previous year.
  • The company's net loss rate increased to 8.6% from 8.0% in the second quarter of 2023, indicating a worse performance than the previous year.
Worse than expected
12 June 2024 7:31 AM

Performance Update
  • The net loss rate increased from 8.4% to 8.8%, indicating a deterioration in credit quality.
  • The delinquency rate increased from 5.5% to 5.9%, suggesting a higher risk of future losses.
Worse than expected
15 May 2024 7:31 AM

Performance Update
  • The net loss rate increased from 7.8% to 8.6%, indicating a deterioration in credit quality.
  • The delinquency rate increased from 5.5% to 6.0%, suggesting a higher risk of future losses.
  • Net principal losses increased from $114 million to $127 million, reflecting higher credit losses.
Worse than expected
1 May 2024 5:50 PM

Quarterly Report
  • The company's total net interest and non-interest income decreased by 23% year-over-year.
  • Credit sales decreased by 18% year-over-year.
  • The provision for credit losses increased due to a smaller reserve release and higher net principal losses.
Worse than expected
25 April 2024 6:57 AM

Performance Update
  • The delinquency rate increased from 5.7% to 6.2%, indicating a worsening credit quality.
  • The net loss rate increased to 8.5% for the three months ended March 31, 2024, compared to the previous year, indicating higher losses.
Worse than expected
25 April 2024 6:54 AM

Quarterly Report
  • The company's revenue and net income decreased significantly compared to the same quarter last year, primarily due to the sale of the BJ's portfolio in the prior year and the impact of the CFPB late fee rule.
  • The company's net loss rate increased to 8.5% from 7.0% in the first quarter of 2023, indicating a deterioration in credit quality.
  • The company expects average credit card and other loans to be down low-single digits relative to 2023, indicating a slowdown in growth.
Worse than expected
13 March 2024 7:02 AM

Performance Update
  • The net loss rate increased from 7.8% to 8.9% year-over-year.
  • The delinquency rate increased from 6.0% to 6.7% year-over-year.
Worse than expected
20 February 2024 7:13 AM

Annual Results
  • The company's Delinquency rate of 6.5% as of December 31, 2023 exceeded the peak rate during the Great Recession.
  • The company's Net loss rate of 7.5% for 2023 is high relative to historical experience.
  • The company's 2024 financial outlook anticipates lower revenue and a higher Net loss rate.
Delay expected
20 February 2024 7:13 AM

Annual Results
  • The document mentions that certain lenders of private placement commitments within the company's securitization trusts have sought and obtained amendments to their respective transaction documents permitting them to delay disbursement of funding increases by up to 35 days.
Capital raise
20 February 2024 7:13 AM

Annual Results
  • The company issued and sold $316 million aggregate principal amount of 4.25% Convertible Senior Notes due 2028.
  • The company issued and sold $600 million aggregate principal amount of 9.750% Senior Notes due 2029.
  • The company issued and sold an additional $300 million aggregate principal amount of Senior Notes due 2029 in January 2024.
Worse than expected
15 February 2024 7:35 AM

Performance Update
  • The net loss rate increased from 6.7% to 8.0%, indicating a deterioration in credit quality.
  • The delinquency rate increased from 5.8% to 6.8%, suggesting more borrowers are falling behind on payments.
  • Average credit card and other loans decreased by 9%, indicating a contraction in the loan portfolio.
Worse than expected
25 January 2024 6:56 AM

Performance Update
  • The delinquency rate increased from 5.5% to 6.5% year-over-year, indicating a deterioration in credit quality.
  • The average loan balances decreased year-over-year, suggesting a potential slowdown in business growth.
  • The net loss rate of 8.2% for the month is higher than the 8.0% for the three months, indicating a worsening trend.
Worse than expected
25 January 2024 6:52 AM

Quarterly Report
  • The company's revenue decreased by 2% in Q4 2023 compared to Q4 2022.
  • The company's net loss rate increased to 8.0% in Q4 2023 from 6.3% in Q4 2022.
  • The company expects average loan growth to be down low-single digits in 2024.
  • The company anticipates a decrease in total revenue for 2024.
  • The company expects a lower net interest margin in 2024.

Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.