secwatch.observer — SEC 8-K summary
======================================

Issuer:     BREAD FINANCIAL HOLDINGS, INC. (BFH)
CIK:        0001101215
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001101215-24-000226
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bread Financial Oct 2024: Net loss rate 7.9% vs 8.0% YoY; delinquency rate 6.4% vs 6.5%
--------------------------------------------------------------------------------

- End-of-period credit card and other loans $17,915M, down from $18,386M a year ago.
- Net principal losses $120M, up slightly from $119M in Oct 2023.
- Net loss rate improved to 7.9% from 8.0% YoY.
- 30+ day delinquency rate decreased to 6.4% from 6.5%.
- Hurricanes Helene and Milton led to freezing delinquency progression in FEMA zones, affecting Q4 2024 and Q2 2025 loss rates.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101215/000110121524000226/0001101215-24-000226-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101215/000110121524000226/bfh-20241114.htm
  HTML page:      https://secwatch.observer/filing/0001101215-24-000226

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer