---
schema_version: "secwatch.filing_event.v1"
accession: "0001101215-23-000191"
form_type: "8-K"
ticker: "BFH"
cik: "0001101215"
company_name: "BREAD FINANCIAL HOLDINGS, INC."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T07:52:43.893517+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bread Financial Q3 2023: EPS $3.42, revenue $1.03B, net loss rate 6.9%

## Summary
- Net income of $171M ($3.42 diluted EPS); continuing ops net income $173M ($3.46). YoY net income up 28%.
- Total revenue $1,031M (+5% YoY); net interest margin stable; pretax pre-provision earnings $529M (+7%).
- Net principal losses $304M (+40% YoY); reserve build $0; net loss rate 6.9%; delinquency rate 6.3%.
- CET1 ratio 12.9% (+140bps YoY); tangible book value $42.45 (+24% YoY). Completed $35M share repurchase.
- Declared quarterly dividend $0.21/share, payable Dec 15 to holders of record Nov 13.

## SEC filing metadata
- accession: 0001101215-23-000191
- form_type: 8-K
- ticker: BFH
- cik: 0001101215
- company_name: BREAD FINANCIAL HOLDINGS, INC.
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1101215/000110121523000191/0001101215-23-000191-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1101215/000110121523000191/bfh-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001101215-23-000191
- JSON: https://secwatch.observer/filing/0001101215-23-000191.json
- Plain text: https://secwatch.observer/filing/0001101215-23-000191.txt

## Key facts
- Earnings Releases
  BREAD FINANCIAL HOLDINGS, INC. updated its third quarter ended September 30, 2023 guidance (reaffirmed).
  - Period: third quarter ended September 30, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: On October 26, 2023, Bread Financial Holdings, Inc. (the “Company”) issued a press release regarding its results of operations for the third quarter ended September 30, 2023 (the “Q3 2023 Earnings Release”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1101215/000110121523000191/0001101215-23-000191-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.