{"schema_version":"secwatch.filing_event.v1","accession":"0001101215-24-000020","form_type":"8-K","ticker":"BFH","cik":"0001101215","company_name":"BREAD FINANCIAL HOLDINGS, INC.","filed_at":"2024-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.364860+00:00","generated_at":"2026-06-06T17:34:49.664162+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bread Financial Q4 net income $45M vs loss a year ago; warns CFPB late fee rule could cut Q4'24 revenue 25%","bullets":["Q4 2023 revenue $1,017M (-2% YoY); net income $45M ($0.90 EPS diluted) vs loss of $134M in Q4 2022.","Full year 2023 revenue $4,289M (+12% YoY); net income $737M ($14.74 EPS) vs $224M in 2022.","CET1 capital ratio 12.2% (up 350 bps); paid down ~$500M unsecured debt in 2023; $900M senior notes issued.","2024 guidance: average loans down low-single digits; revenue down low-mid single digits; net loss rate low 8% range.","CFPB late fee rule (if effective Oct 1, 2024) estimated to reduce Q4'24 revenue ~25% net of mitigation; rule may be challenged."],"urls":{"canonical":"https://secwatch.observer/filing/0001101215-24-000020","json":"https://secwatch.observer/filing/0001101215-24-000020.json","markdown":"https://secwatch.observer/filing/0001101215-24-000020.md","text":"https://secwatch.observer/filing/0001101215-24-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1101215/000110121524000020/0001101215-24-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1101215/000110121524000020/bfh-20240125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T17:34:49.664162+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2380ec0058aeb4d8337e5afa077cddb5ab6ed716","claim":"BREAD FINANCIAL HOLDINGS, INC. reported financial results for the fourth quarter and fiscal year ended December 31, 2023.","evidence_excerpt":"On January 25, 2024, Bread Financial Holdings, Inc. (the “Company”) issued a press release regarding its results of operations for the fourth quarter and fiscal year ended December 31, 2023 (the “Q4 2023 Earnings Release”).","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1101215/000110121524000020/0001101215-24-000020-index.htm","confidence":0.4,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and fiscal year ended December 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}